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IR Camera Market By Top Key Players: Current Corporation, Dali Technology, DRS Technologies, E.D. Bullard Company, FLIR Systems, Fluke Corporation, General Dynamics Corporation, Infrared Integrated Systems Ltd (IRISYS), Nippon Avionics Co., Ltd, Pelco Cor

IR Camera Market By Top Key Players: Current Corporation, Dali

North America will contribute major share in the market due to U.S. IR camera market dominance. This is mainly due to the technological advancements as well as the presence of strong industry participants in the region. Considerable application demand in APAC will drive the industry growth in the coming years.

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Applications in the automobile sector is an untapped opportunity. Near-Infrared (NIR) centered systems improve night driving situations. With the advancements in driverless vehicles, the applicability of IR cameras in automobiles is expected to grow exponentially. Growing adoption of high resolution devices in smartphones will lead to IR camera market growth.
Infrared Bolometer Detectors (IBD) are thermal detectors which are aided by IR cameras. Arrays of these imagers are used in thermography, driver night vision, firefighting, surveillance and security. Cost driven price reduction of this technology will boost the IR camera market. The use of these devices for surveillance is highly regulated by various governments globally. The authority to carry out surveillance is necessary in public properties.

Key insights from the report include:
• IR camera market size for products fitted with sapphire lens will grow at 10.7% CAGR from 2016 to 2023. The material presents high degree of durability and is scratch-resistant and robust in nature which will drive growth in the coming years. It can also withstand extreme conditions and temperature fluctuations, making it well-suited for use in numerous industry verticals.

• Germanium will remain the leading material segment through the next few years. Key features that drive adoption include high refractive index and low optical dispersion. However, it is not a suitable material of choice in case of environments characterized by high temperatures.

• Military and defense applications occupied over 35% of the IR camera market share in 2015, and are further forecast to continue dominating revenue over the forecast timespan. Lower defense budgets in major regional economies may negatively impact growth across the segment.

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The material segments of the IR camera market are sapphire, silicon, germanium and zinc selenide. The base material for germanium is non-hygroscopic which transmits good infrared rays this will be followed by the zinc selenide segment.

Major application areas include commercial, industrial, medical and military & defense. Military and defense dominated the industry with 35% revenue share in 2015. Temperature tolerance and ruggedness characteristics will drive the growth in this sector. Commercial applications are also expected to grow through the forecast timeline owing to extensive use in night vision, thermography, security & surveillance, and fire & rescue mission.

Browse Full Report: https://www.gminsights.com/industry-analysis/IR-infrared-camera-market-report

Key players in the (Infrared) IR Camera Market include Axis Communications AB, Current Corporation, Dali Technology, DRS Technologies Inc., E.D. Bullard Company, FLIR Systems, Inc., Fluke Corporation, General Dynamics Corporation, Guangzhou SAT Infrared Technology Co., Ltd, Infrared Integrated Systems Ltd (IRISYS), L-3 Communications Infrared Products, Nippon Avionics Co., Ltd, Pelco Corporation, QIOPTIQ Ltd., Raytheon Company, Samsung Techwin, Seek Thermal, Inc., Sofradir SAS, Testo AG, Zhejiang ULIRvision Technology Co., Ltd., Wuhan Guide Infrared Co., Ltd.

Browse Related Reports:
Handheld Imager Market Size By Application (Medical, Security, Industrial, Construction), By Product (Millimeter Wave Scanner, IR Scanner, Stud Finder, Microbolometer), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2023

https://www.openpr.com/news/1287092/Handheld-Imager-Market-will-grow-at-12-CAGR-During-2016-to-2023-By-Key-Vendors-BAE-Systems-Bosch-C-H-Hanson-Zircon-Corporation-DRS-Technologies-FLIR-Systems-Fluke-Corporation-Franklin-Sensors-General-Dynamics-Corporation-Newport-Corporation.html

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Corporate Sales, USA
Global Market Insights, Inc.
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