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Image Intensifier Units Market is Booming Worldwide: The Biggest Opportunity of 2020| Top Key Players Harris, Thales Group, Armasight, Inframet

03-20-2020 01:56 PM CET | IT, New Media & Software

Press release from: Reports and Data

Image Intensifier Units Market To Reach USD 9.40 Billion By 2026

Image Intensifier Units Market To Reach USD 9.40 Billion By 2026

The Image Intensifier Units Market is forecast to grow from USD 6.20billion in 2018 to USD 9.40 billion by 2026, at a CAGR of 5.2%, during the forecast period. Advancements in technology which is increasing the utilization high speed imagingis the major driving factor of the market. An image intensifier is a device which is used to identify objects and images by a camera at significant low level light or can be detected with human eyes. It consists of a vacuum tube with numerous conversion and multiplication screens. They were primarily developed for night-time viewing and surveillance under moonlight.

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Companies considered and profiled in this market study

Harris (US), Thales Group (France), Armasight (US), Inframet (Poland), Night Owl (US), ATN (US), Roper Scientific (US), Bushnell (US), Dantec Dynamics (UK) and Photek (UK).

For the purpose of this report, the market has been segmented on the basis of Category, Application, End user and region:

Category Outlook (Revenue, USD Million; 2018-2026)
Gen 0
Gen 1
Gen 2
Gen 3
Gen 4

Application Outlook (Revenue, USD Million; 2018-2026)
LIBS
Bio luminance
Combustion
PIV
LIF

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End user Outlook (Revenue, USD Million; 2018-2026)
Military
Healthcare
Consumer electronics

Regional Outlook (Revenue, USD Million; 2018-2026)
North America
Europe
Asia Pacific
Latin America
MEA

Further key findings from the report suggest

1. The Image Intensifier Units Market is forecast to grow from USD 6.20billion in 2018 to USD 9.40 billion by 2026, at a CAGR of 5.2%, during the forecast period. Advancements in technology which is increasing the utilization high speed imaging is the major driving factor of the market.

2. Based on Category, the market is divided as Gen 0, Gen 1, Gen 2, Gen 3 and Gen 4. The Gen 3 is expected to drive the market with aa CAGR of 5%, as the photo response of the Gen 3 intensifier is much better than other categories of image intensifiers. Gen 3 intensifiers are very strong and generally durable.

3. Based on Applications, the market is segmented as LIBS, Bio luminance, Combustion, PIV, and LIF. The LIF system is expected to drive the market. It has high-speed imaging and laser technology for handling rapid analysis of the turbulent combustion processes. Flame front visualization with the use of LIF is performed at frame rates high enough to capture the fast dynamics in a variety of combustion applications, such as ignition phenomena, flame propagation, and local extinction events.

4. The End userApplications are Military, Healthcare and Consumer electronics. The military segment is expected to show the highest CAGR of 5.8 %. In military segment, the image intensifiers are used with different equipment's such as rescue vehicles weapon, aiming applications, etc. With the increasing research and development activities and security concern in military segment, demand for image intensifiers is also increasing which in turn is increasing the growth of global market. Owing to the features like high speed gating capabilities, high resolution, high sensitivity, high contrast and low noise, the image intensifiers are used in different scientific and industrial applications

5. The Image Intensifier Units Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. North Americais forecasted to dominate themarket with the largest share of 40 %.

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Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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Reports and Data
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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