Press release
Uncooled Infrared Imaging Technology Market Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
Uncooled infrared imaging technology involves thermal imaging, thermal video, and infrared thermography. It is used for image detection and measurement of patterns of thermal radiation emitted by objects. A thermo graphic camera generally detects radiation of the lengthy infrared range in an electromagnetic spectrum, and produces radiation images called thermo grams. It is used for measuring infrared radiations forming images utilizing visible light. These cameras using the uncooled technology work on the operating principle of resistance change or change in current or voltage of materials on heating. Innovative focal plane arrays improve target detection by offering greater thermal discrimination. In the recent past the uncooled infrared imaging technology market has re-entered a phase of growth due to a dynamic profitable business and an early stabilization of army demand.
The global uncooled infrared imaging technology market is being driven by price decreases, innovative uses, and commercial markets continuing to expand fast. The major driving factors behind the dynamic growth of this market worldwide are the advantages of thermal infrared cameras having uncooled technology, surging demand of infrared imaging for almost every commercial application, and the decrease in cost of infrared detectors. Besides, uncooled infrared technology cameras are cheaper than those with the cooled technology. An uncooled infrared image sensor is built with a fewer moving components, and is smaller in size as well. This reduces its production and operating cost, and increases its operating duration. Another fact projected to drive the global growth of this market is that the infrared detectors are broadly used in aerospace and defense, surveillance, military applications, and homeland security. Furthermore, the market growth is propelled by the low end market comprising cameras with low resolution for uses, which reaches a price low enough for being adopted by do-it-yourself consumers or technicians.
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The key restraining factor for the growth of the global uncooled infrared imaging technology market is that there are alternate technologies available now. Moreover, customized products are needed alongside varying sensor cost generating barriers for producers. The opportunities available in this market are the surge in penetration of infrared cameras in all regions expect North America.
The global uncooled infrared imaging technology market is segmented according to component, wavelength, product type and application. On the basis of component, the market is segmented into pyroelectric, thermopile, microbolometer, mercury cadmium telluride, indium gallium arsenide, microcantilever, and other components. The segmentations of the market by wavelength are long wave infrared and far-infrared. On the basis of product type, the market is segmented into fixed infrared imaging technology products, and portable infrared imaging products. The categories according to application are surveillance, consumer electronics, automotive, industrial, defense and aerospace, fire-fighting, and medical.
On the basis of geography, the global uncooled infrared imaging technology market into the four regions of North America, Europe, Asia Pacific, and the Rest of the World. North America is projected to have the largest market share in this market, while the Asia Pacific is expected to grow at the fastest rate among all the regions. In North America, constant advancements in technology in nations such as Canada, the U.S., and Mexico is forecast to drive the uncooled infrared imaging technology market. On the other hand, venturing into surging end-user industries, and deviating focus of several top notch players in uncooled infrared imaging towards a majority of the Asia Pacific countries have been leading this region to grow the fastest.
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The major players in the global uncooled infrared imaging technology market are KTH Royal Institute of Technology, Wenzhou Wealth Port International, Allied Vision Technologies, BAE Systems, DS Photonics, Fraunhofer IMS, I3 System, Irvine Sensors, Mistubishi Electric, National Nanofab Centre, Rochester Precision Optics, Sephardi EC, Teledyne DALSA, ULIR Vision and Vigo Systems.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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