Press release
High-Speed Camera Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2027: Vision Research Inc. and NAC Image Technology are key players.
High-Speed Camera Market is expected to grow at a CAGR of 6.02% to reach a market size worth US$484.601 million by 2027.The prime factors propelling the growth of the high-speed camera market are the rise in the growing adoption of sensor suppliers and technology advancement by different industries.
As per the report, the market about high-speed camera market is expected to grow at a steady pace.
Imaging equipment called high-speed cameras captures images of rapidly shifting events. They can look at things that human sight is unable to see. Biomechanical, ballistic, medical studies, and other industries like healthcare, entertainment, aerospace, automotive, and the military all rely heavily on high-speed photography. In addition, a high-speed camera can record moving pictures and is frequently used in the media and communications sectors. Because of their high image processing and broad light sensitivity range, high-speed cameras are in high demand in the R&D, media & entertainment, and automotive sectors because they can capture incredibly fast events. The market for high-speed cameras is also anticipated to grow due to an increase in sensor suppliers and technological developments.
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The high-speed camera market has been categorized based on component, resolution, end-user industry, and geography.
By component, the market has been classified based on hardware and software. The hardware component has a significant market share during the forecasted period due to the high usage of image sensors and the development of new product launches. For instance, in October 2022, The Alpha 7R V is R series image sensor camera launched by Sony Electronics Inc. Sony's highest-quality image sensor in an alpha camera which is combined with a new AI (artificial intelligence) processing unit built specifically for AI-based image identification in the Alpha 7R V.
Based on the resolution, the classification has been done into 1 to 4 megapixels and more than 4 megapixels. The more than 4 megapixels will have a significant market share due to the greater resolution of optimal cameras. These are preferred for applications requiring a large camera field of view and any high-speed event requiring spatial resolution to see fine details in multiple places.
By end-use industry, the market has been classified into travel and transport, media and entertainment, consumer electronics, military and defense, and others. Travel and transport will have a significant market share as it is used in automatic incident detection, which ensures prompt response to collisions and other obstructions, especially in hazardous areas like tunnels and bridges, it is used for high-speed cameras in the automotive industries because they can capture extremely fast events due to their high image processing and wide light sensitivity range.
By region, North America is expected to retain a considerable market share due to the increasing government spending on smart cities in several countries, which will drive demand for smart and high-speed security and surveillance cameras, contributing to the market expansion. For instance, in October 2022, Honeywell and Accelerator launched the Honeywell Smart City Accelerator Project in the US market. This project will assist communities in actively planning and developing the usage of technological advancements, which will boost the high-speed camera market in the region.
The major players operating in the high-speed camera market are AOS Technologies AG, Vision Research Inc., Photron, DEL Imaging Systems LLC, NAC Image Technology, iX Camera, GMBH I.L, PCO GmbH, Fastec Imaging, and SVK-Vistek GmbH.
This High-Speed Camera Market has been analyzed into the following segments:
• By Component
o Hardware
• Image Sensors
• Memory Systems
• Lenses
• Image Processors
• Battery
• Others
o Software
• By Resolution
o 1 to 4 Megapixel
o More than 4 Megapixel
• By End-User Industry
o Travel and Transport
o Media and Entertainment
o Consumer Electronics
o Military and Defense
o Others
• By Geography
o North America
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• Germany
• France
• United Kingdom
• Others
o The Middle East and Africa
• Saudi Arabia
• UAE
• Others
o Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others
Related Reports:
• https://www.knowledge-sourcing.com/report/security-cameras-market
• https://www.knowledge-sourcing.com/report/global-smartphone-3d-camera-market
• https://www.knowledge-sourcing.com/report/360-degree-camera-market
• https://www.knowledge-sourcing.com/report/action-camera-market
• https://www.knowledge-sourcing.com/report/consumer-electronics-market
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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