GigE Camera Market 2021-2026: Trends, Scope, Demand, Opportunity and Forecast

The GigE Camera Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The market for GigE camera is expected to register a CAGR of 13.60% during the forecast period of 2020-2025.

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Top Leading Companies of GigE Camera Market are Allied Vision Technologies GmbH, Basler AG, Baumer Holding AG, FLIR Integrated Imaging Solutions, Inc., JAI A/S, Matrox Graphics Inc., Pleora Technologies Inc., Sony Corporation, Teledyne DALSA Inc., Toshiba Teli Corporation, Ltd., Imperx Incorporated, Sensor Technologies America, Inc. and others.

Competitive Landscape:

- April 2019 - The Image Source, a manufacturer of imaging products for industrial, scientific and medical applications announced its entry to the GigE camera market by introducing GigE zoom camera range featuring 20x optical zoom, autofocus, auto-iris, and with Power over Ethernet (PoE). The cameras are available as colour and monochrome variants and feature the Sony Pregius 3.1 MP IMX265 sensor.

- February 2019 - Teledyne Marine launched GigE subsea underwater camera range. The company claimed that this whole range also suite for its Versatile and Lightweight Observation ROV (VALOR) launched in 2018. The company is also leveraging the CMOS technology from Teledyne Dalsa. These cameras are capable of transmission of sharp, high-speed video images and related control data over ethernet networks with almost zero latency with frame rates of up to 862 frames per second.

Key Market Trends:

Traffic, Security & Surveillance Segment to Grow Significantly

- The growing population, along with the improving lifestyles of the people across the world, is bringing challenges for the respective governments to manage the developing transportation infrastructure and security. This cannot be optimally resolved by additional staffing because it will be over the budget.
- The trend towards the adoption of Intelligent Transport System (ITS) offers the most promising safer, greener and more connected roads to the future. This enables the demand for industrial cameras like GigE so that speed, toll and red light enforcement can be done effectively. Also, the Power Over Ethernet (PoE) provides easy installation as a result of multiple cameras in a system that can be accessed easily for the transportation system.

Asia-Pacific Region to Witness Fastest Growth

- The demand for GigE cameras is expected to see a steady growth rate in the region owing to the growing end-user industries. In the automotive sector specifically, the increasing investments in the region coupled with the growth in investments related to e-vehicles are further expected to propel the gigE camera market. For instance, General Motors has invested USD 2.8 billion as fresh investment in South Korea in 2018 over the next ten years as part of its plan to restructure its embattled unit in the country.
- The GigE camera is the most common and preferred interface for machine vision cameras as the networking infrastructure already present. Lab automation for the pharmaceutical is one of the most significant application of GigE cameras. For barcode reading and flow control processes, monochromatic cameras are used where the colour is not essential.

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:
- GigE Camera Market Size & Analysis (2016 - 2026)
- Market Share Analysis of GigE Camera Market (%),2016 - 2026
- GigE Camera Market Share, By Brand
- GigE Camera Market Share, By Company
- GigE Camera Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies GigE Camera Market Value Analysis & Forecast
- Promising GigE Camera Development by Major Companies
- Detailed GigE Camera Portfolio of the Major Companies
- Major Deals in the GigE Camera Market
- Major Companies Analysis

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