Press release
IR Camera Market 2021: Strategic Analysis and Key Technological Developments
The IR Camera Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the IR Camera market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the IR Camera market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the IR Camera market.The IR camera market was valued at USD 6.64 billion in 2020 and expected to reach a value of USD 10.68 billion by 2026, at a CAGR of 8.3% over the forecast period (2021 - 2026).
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Top Leading Companies of IR Camera Market are - FLIR Systems Inc., SPI Infrared, Opgal Optronics Industries Ltd., Raytheon Company, Seek Thermal, Inc., Fluke Corporation, Testo AG, HGH-Infrared, Teledyne Dalsa, DRS Technologies Inc., Optris Infrared Sensing, LLC, Xenics NV and others.
Industry News and Updates:
- In May 2020, FLIR Systems announced the "FLIR C5 Compact" thermal camera with a built-in FLIR Ignite cloud connectivity and additional Wi-Fi features for the users in the manufacturing, building maintenance, and utility industries. The FLIR C5 product is designed as an easy-to-carry thermal camera, providing easy sharing tools and the reduced diagnostic time for commercial electrical testing.
- In May 2020, Teledyne DALSA announced its SWIR scan camera for machine vision. The newly developed product features a cutting-edge InGaAs sensor in a compact package suitable for various applications, including recycling, food & packaged good inspection, mineral sorting, and solar & silicon wafer inspection.
Key Market Trends:
LWIR and MWIR is Expected to have Significant Growth
- LWIR and MWIR are the most used wavelengths of IR cameras for security and surveillance applications. However, there are certain applications where LWIR is more efficient than MWIR, including objects of detection that span a very wide temperature range requiring intra-scene imaging of both hot and cold objects.
- In harsh environments, where MWIR may not perform well in imaging through smoke or aerosols, LWIR is usually the chosen technology. These mainly include the firefighting and military applications.
North America Region is Expected to Have a Significant Share in the Market
- The North America region is regarded as the highest spending region for its military and defense expenditure driven by the United States. In FY 2019, the country spent over USD 717 billion for its defense activities, followed by China with USD 117 billion.
- In June 2019, the US Army mentioned of surveying for high-resolution and wide-field-of-view longwave infrared sensors to replace the Army's fielded Driver's Vision Enhancer (DVE) to assist on vehicles safely at night and in degraded-visibility conditions.
Investigator Observers Strong Growth in Specific Regions:
– Europe Market (Germany, UK, France, Russia, Italy)
– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
– South America Market (Brazil, Argentina, Colombia)
– North America Market (United States, Canada, Mexico)
– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).
The Latest Industry Data Included in this Report:
- IR Camera Market Size & Analysis (2016 - 2026)
- Market Share Analysis of IR Camera Market (%),2016 - 2026
- IR Camera Market Share, By Brand
- IR Camera Market Share, By Company
- IR Camera Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies IR Camera Market Value Analysis & Forecast
- Promising IR Camera Development by Major Companies
- Detailed IR Camera Portfolio of the Major Companies
- Major Deals in the IR Camera Market
- Major Companies Analysis
Browse Full Report at:
https://www.marketinsightsreports.com/reports/02082592219/ir-camera-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita
We Offer Customization on Report Based on Specific Client Requirement:
- Country Level analysis for any 5 countries of your choice.
- Competitive analysis of any 5 key market players.
- 40 analyst hours to cover any other data point.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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