Infrared Camera Trends and Forecast
The future of the global infrared camera market looks promising with opportunities in the defense & military, industrial, commercial surveillance, and automotive markets. The global infrared camera market is expected to reach an estimated $12.2 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are growth in the use of infrared cameras for quality assurance, monitoring, and security, along with the growth in the use of infrared cameras in the short wave infrared band and their appeal in commercial applications (SWIR).
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Infrared Camera by Segment
The study includes a forecast for the global infrared camera by technology, end use, and region.
Infrared Camera Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Cooled IR Camera
• Uncooled IR Camera
Infrared Camera Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Defense & Military
• Industrial
• Commercial Surveillance
• Automotive
• Others
Infrared Camera Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Infrared Camera 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 infrared camera companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the infrared camera companies profiled in this report include-
• Leonardo
• Global Sensor Technology
• Xenics
• AIM Infrarot-Module
• Lynred
• FLIR System
• L3 Technologies
Infrared Camera Market Insights
Lucintel forecasts that cooled IR camera is expected to witness the highest growth over the forecast period.
Within this market, defense & military is expected to witness the highest growth due to rise in adoption of infrared cameras in security and surveillance.
APAC is expected to witness highest growth over the forecast period due to increase in advanced technology penetration in surveillance systems and high defense spending in the region.
Features of the Global Infrared Camera Market
Market Size Estimates: Infrared camera 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: Infrared camera market size by technology, end use, and region in terms of value ($B).
Regional Analysis: Infrared camera market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, end use, and regions for the infrared camera market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the infrared camera market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the infrared camera market size?
Answer: The global infrared camera market is expected to reach an estimated $12.2 billion by 2030.
Q2. What is the growth forecast for infrared camera market?
Answer: The global infrared camera market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the infrared camera market?
Answer: The major drivers for this market are growth in the use of infrared cameras for quality assurance, monitoring, and security, along with the growth in the use of infrared cameras in the short wave infrared band and their appeal in commercial applications (SWIR).
Q4. What are the major segments for infrared camera market?
Answer: The future of the global infrared camera market looks promising with opportunities in the defense & military, industrial, commercial surveillance, and automotive markets.
Q5. Who are the key infrared camera market companies?
Answer: Some of the key infrared camera companies are as follows:
• Leonardo
• Global Sensor Technology
• Xenics
• AIM Infrarot-Module
• Lynred
• FLIR System
• L3 Technologies
Q6. Which infrared camera market segment will be the largest in future?
Answer: Lucintel forecasts that cooled IR camera is expected to witness the highest growth over the forecast period.
Q7. In infrared camera market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to increase in advanced technology penetration in surveillance systems and high defense spending in the region.
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 infrared camera market by technology (cooled IR camera and uncooled IR camera), end use (defense & military, industrial, commercial surveillance, automotive, 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 Infrared Camera Market, Infrared Camera Market Size, Infrared Camera Market Growth, Infrared Camera Market Analysis, Infrared Camera Market Report, Infrared Camera Market Share, Infrared Camera Market Trends, Infrared Camera Market Forecast, Infrared Camera Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.