Press release
Future Growth Opportunities on Infrared Camera Market | FLIR Systems, Fluke Corporation, Schneider Electric, Raytheon, Sofradir, Testo SE & Co. KGaA, Opgal, Lynred, Axis Communications AB, Zhejiang Dali Technology Co. Ltd, FLIR Systems, Inc.,SATIR, L3 Tec
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North America holds the largest share of the global infrared camera industry and is expected to dominate the market with target revenue slated to reach USD 2.5 billion by 2023. This land is booming due to presence of established industry players in majority. U.S. is the prominent country driving the regional landscape, which also led the global revenue generation in 2015. Factors such as growth in the industrial and commercial sectors will augment infrared camera market share in the coming years
Asia Pacific infrared camera market is growing at a significant pace. High demand for surveillance and security are the chief aspects driving the market growth over the coming six years. Moreover, Asia Pacific shows strong growth rate, owing to rising demand across automotive and oil & gas applications.
Key participants of infrared Camera Market: -
1. Axis Communications
2. Bullard
3. FLIR Systems
4. Fluke Corporation
5. IRISYS
6. L3 Technologies
7. Pelco by Schneider Electric
8. Raytheon
9. Seek Thermal
10. Sofradir
11. Testo SE & Co. KGaA
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Europe is considered to be a thriving revenue ground for local Infrared Camera Market manufacturers. Estimates say that the regional market could observe more than 6% growth by 2026. IR cameras are mainly used for infrared screening of residential buildings for energy audit processes. This could boost the demand for handheld IR cameras in the region.
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