openPR Logo
Press release

IR (Infrared) Camera Market Revenue, Opportunity and Key Trends with Players Axis Communications, Bullard, FLIR Systems, Fluke Corporation, L3 Technologies, Pelco by Schneider Electric, Raytheon, Sofradir, Testo SE & Co. KGaA

12-10-2018 05:23 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

IR (Infrared) Camera

IR (Infrared) Camera

IR (Infrared) Camera Market is gaining a heavy momentum with rapid adoption of infrared cameras in automotive, radiometric, and mobile sectors. Technological innovations have contributed significantly towards reduction in the costs of IR cameras and this is expected to steer the industry growth map. As per Global Market Insights, Inc., “IR (Infrared) Camera Industry size, valued at USD 3 billion in 2015, is projected to surpass USD 6.8 billion by 2023.” Inception of new technologies providing exceptional features such as built-in visual imaging and automation will generate more market demand over the coming six years. The growing popularity of these products can be attributed to its wide use for detecting electrical defects, leak identification, and plumbing blockages.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/397

Infrared (IR) Cameras further find applications across commercial, military & defense, and medical imaging sectors. Military & Defense application, which accounted for more than 35% of Infrared (IR) Camera Market share in 2015, is anticipated to play a major role in industry expansion over the coming years. Infrared (IR) Camera industry revenue in the commercial sector is projected to grow at a rate of 10% over the period from 2016 to 2023.

The commercial sector is expected to influence the industry growth over the coming years, owing to elevated product demand across nuclear power plants, thermography, security borders, airports, and constructions. Medical imaging sector is expected to stimulate Infrared (IR) Camera industry development over the years to come, driven by the escalating product demand for detecting life-threatening ailments such as cancers.

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/397

Key regional trends pertaining to Infrared (IR) Camera Industry over 2016-2023:

• North America IR (Infrared) Camera Market is anticipated to surpass USD 2.5 billion by 2023. Mounting requirement for efficient mass screening as well as video surveillance is projected to push the regional demand. The U.S. is likely to dominate the regional revenue.
• Asia Pacific IR (Infrared) Camera Market size is expected to observe a substantial surge over 2016-2023. Growing security concerns coupled with heavy investments in defense activities is expected to drive the regional growth. High product demand in oil & gas and automobile sectors will further contribute towards the revenue.

Introduction of new technologies in market and massive investments by various players in R&D activities to create new products will further boost Infrared (IR) Camera industry growth. Established firms will try to acquire maximum market share through strategic collaborations, joint ventures, and new product launches. Leak Surveys and IRCameras together launched nitrous gas imaging Infrared camera for LDAR sector. FLIR systems introduced new smartphones with thermal imaging technology to expand its business.

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

Key industry players include FLIR Systems, DRS, Axis Communications, Samsung, Fluke, and Seek Thermal. Other notable players include Raytheon Company, Testo AG, etc. Industry participants are engaged in price reduction, product performance & reputation, customer service and training to enhance the industry presence. Mergers & acquisitions are among the key strategies for expanding IR camera market share.

Advances in the infrared-imaging technology may drive the industry in the coming years. Manufacturers in the industry are engaged in the mass production of IR cameras to increase the profit margins. For instance, ASELSAN began the mass production of the eye of thermal cameras that can detect heat in the premises. Developments in the microbolometer technology has resulted in high degree of commercialization that is contributing to the IR camera market size. Moreover, ability to capture images and video due to IR LEDs around outer edges adds an advantage.

Browse Related Report: -

IP Camera Market Application Potential, Competitive Market Share & Forecast, 2017 - 2024
Link:- https://www.gminsights.com/industry-analysis/ip-camera-market

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.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release IR (Infrared) Camera Market Revenue, Opportunity and Key Trends with Players Axis Communications, Bullard, FLIR Systems, Fluke Corporation, L3 Technologies, Pelco by Schneider Electric, Raytheon, Sofradir, Testo SE & Co. KGaA here

News-ID: 1427138 • Views:

More Releases from Global Market Insights, Inc.

Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%. A major driver behind this growth
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health. This in turn has led to a surge in demand for various functional foods
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock. According to Global Market Insights Inc estimates
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key players Eaton, Schneider, Siemens, Hitachi, Powell, Hubbell
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight. Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091 Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group

All 5 Releases


More Releases for Camera

ChirpyCharm Camera Review: Read This Chirpy Charm Camera Reviews Before Buying T …
ChirpyCharm Camera Smart Bird Feeder: See Nature Like Never Before. Discover the joy of birdwatching like never before with the ChirpyCharm Camera Smart Bird Feeder, a groundbreaking device that blends cutting-edge technology with the serene beauty of backyard birding. Whether you're an avid bird lover, a casual nature enthusiast, or someone looking to reconnect with the outdoors, ChirpyCharm Camera transforms the simple act of feeding birds into a rich, interactive, and
Construction Camera [Time Lapse Camera] Market Demand by 2030
𝐂𝐨𝐧𝐬𝐭𝐫𝐮𝐜𝐭𝐢𝐨𝐧 𝐂𝐚𝐦𝐞𝐫𝐚 (𝐓𝐢𝐦𝐞 𝐋𝐚𝐩𝐬𝐞 𝐂𝐚𝐦𝐞𝐫𝐚) 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧 Transparency Market Research delivers key insights on the global construction camera (time lapse camera) market. In terms of revenue, the global construction camera (time lapse camera) market is estimated to expand at a growth rate of 8% during the forecast timeline, owing to numerous factors regarding which TMR offers thorough insights and forecasts in the global construction camera (time lapse camera) market report. 𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭
Snapshot Action Camera Review 2022: (Must Read!) Check Out Snapshot Action Camer …
Snapshot Action Camera: Photography is both a vision and an art form. It's all about imagination and observation in photography. It's about traveling the world and capturing everyday life with a camera. Whether you're a pro or a beginner, if you've just picked up a camera for the first time or you're just shooting with your smartphone, you're undoubtedly feeling the same sensation that all photographers do when they take
Camera Repair Services Market Report- Trends, Business Competitors, And Facing C …
The Camera Repair Services Market research report presents an inside and out appraisal through Global Camera Repair Services Market Growth 2021-2026 by giving the area's flow circumstance and huge drivers. It precisely conveys the vital data and state-of-the-art examination to aid the definition of the market strategy and the assurance of the proper way for rapid development for the major parts of the business. Camera Repair Services Market report would
Light Bulb Camera 2022: Best Light Bulb Security Camera
From anywhere in the world, you can check on your family members with this clever Light bulb camera has a concealed security camera! In the world's population, those over the age of 50 make up an increasingly large proportion of the total. These individuals are more likely to suffer from health challenges or lives alone, which increases the hazards they face. When our elderly relatives live alone, we have a natural
Global Construction Camera (Time Lapse Camera) Market Share 2020-2025
This report also researches and evaluates the impact of Covid-19 outbreak on the Construction Camera (Time Lapse Cameraindustry, involving potential opportunity and challenges, drivers and risks. We present the impact assessment of Covid-19 effects on Construction Camera (Time Lapse Cameraand market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.). Scope of the Report: The report presents the market outlook for the Indian Phospho Gypsum product from the