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Bolometer Trends and Forecast
The future of the global bolometer market looks promising with opportunities in the automotive, aerospace, and defense markets. The global bolometer market is expected to reach an estimated $2.7 billion by 2030 with a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are rising demand for infrared sensors in security and surveillance applications, growing demand for precision temperature measurement, and increasing adoption of bolometers in automotive safety systems.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Bolometer by Segment
The study includes a forecast for the global bolometer by type, application, end use industry, and region.
Bolometer Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Semiconductor Bolometers
• Superconducting Bolometers
• Hot Electron Bolometers
Bolometer Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Automotive Industry
• Aerospace Industry
• Defense Industry
• Others
Bolometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Bolometer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bolometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bolometer companies profiled in this report include-
• BAE Systems
• Flir Systems
• Honeywell
• L-3 Communications
• Mikrosens
• Teledyne Dalsa
• Infrared Laboratories
• Testo
• Raytheon
• Hamamatsu
Bolometer Market Insights
Lucintel forecasts that semiconductor bolometers will remain the largest segment over the forecast period due to its increasing usage in various applications, such as temperature measurement, detection of fire or smoke and monitoring air or water temperature.
Within this market, automotive industry will remain the largest segment over the forecast period due to rising use of thermal imaging cameras in modern vehicles.
North America is expected to witness the highest growth due to growing adoption rates of advanced technologies especially related automobile safety systems & smartphone integration with infotainment units & advanced driver assistance systems (ADAS).
Features of the Global Bolometer Market
Market Size Estimates: Bolometer market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Bolometer market size by type, application, and region in terms of value ($B).
Regional Analysis: Bolometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the bolometer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bolometer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the bolometer market size?
Answer: The global bolometer market is expected to reach an estimated $2.7 billion by 2030.
Q.2 What is the growth forecast for bolometer market?
Answer: The global bolometer market is expected to grow with a CAGR of 16.8% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the bolometer market?
Answer: The major drivers for this market are rising demand for infrared sensors in security and surveillance applications, growing demand for precision temperature measurement, and increasing adoption of bolometers in automotive safety systems .
Q4. What are the major segments for bolometer market?
Answer: The future of the global bolometer market looks promising with opportunities in the automotive, aerospace, and defense markets.
Q5. Who are the key bolometer market companies?
Answer: Some of the key bolometer companies are as follows:
• BAE Systems
• FLIR Systems
• Honeywell
• L-3 Communications
• Mikrosens
• Teledyne DALSA
• Infrared Laboratories
• Testo
• Raytheon
• Hamamatsu
Q6. Which bolometer market segment will be the largest in future?
Answer: Lucintel forecasts that semiconductor bolometers will remain the largest segment over the forecast period due to its increasing usage in various applications, such as temperature measurement, detection of fire or smoke and monitoring air or water temperature.
Q7. In bolometer market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness the highest growth due to growing adoption rates of advanced technologies especially related automobile safety systems & smartphone integration with infotainment units & advanced driver assistance systems (ADAS).
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the bolometer market by type (semiconductor bolometers, superconducting bolometers, and hot electron bolometers), application (automotive industry, aerospace industry, defense industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Bolometer Market, Bolometer Market Size, Bolometer Market Growth, Bolometer Market Analysis, Bolometer Market Report, Bolometer Market Share, Bolometer Market Trends, Bolometer Market Forecast, Bolometer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Bolometer Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Bolometer Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Bolometer Market by Type
3.3.1: Semiconductor Bolometers
3.3.2: Superconducting Bolometers
3.3.3: Hot Electron Bolometers
3.4: Global Bolometer Market by Application
3.4.1: Automotive Industry
3.4.2: Aerospace Industry
3.4.3: Defense Industry
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Bolometer Market by Region
4.2: North American Bolometer Market
4.2.1: North American Bolometer Market by Type: Semiconductor Bolometers, Superconducting Bolometers, and Hot Electron Bolometers
4.2.2: North American Bolometer Market by Application: Automotive Industry, Aerospace Industry, Defense Industry, and Others
4.3: European Bolometer Market
4.3.1: European Bolometer Market by Type: Semiconductor Bolometers, Superconducting Bolometers, and Hot Electron Bolometers
4.3.2: European Bolometer Market by Application: Automotive Industry, Aerospace Industry, Defense Industry, and Others
4.4.1: APAC Bolometer Market by Type: Semiconductor Bolometers, Superconducting Bolometers, and Hot Electron Bolometers
4.4.2: APAC Bolometer Market by Application: Automotive Industry, Aerospace Industry, Defense Industry, and Others
4.5: ROW Bolometer Market
4.5.1: ROW Bolometer Market by Type: Semiconductor Bolometers, Superconducting Bolometers, and Hot Electron Bolometers
4.5.2: ROW Bolometer Market by Application: Automotive Industry, Aerospace Industry, Defense Industry, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Bolometer Market by Type
6.1.2: Growth Opportunities for the Global Bolometer Market by Application
6.1.3: Growth Opportunities for the Global Bolometer Market by Region
6.2: Emerging Trends in the Global Bolometer Market
6.3: Strategic Analysis
6.3.2: Capacity Expansion of the Global Bolometer Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Bolometer Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: BAE Systems
7.2: FLIR Systems
7.5: Mikrosens
7.6: Teledyne DALSA
7.7: Infrared Laboratories
7.8: Testo
7.9: Raytheon
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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