Infrared Imaging Market – Global Industry Analysis And Forecast (2023-2029)

Infrared Imaging Market is expected to reach US$ 10.04 Bn. by 2029, at a CAGR of 6.56% during the forecast period.

The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Infrared Imaging Market Definition
Infrared imaging technology has an influence on equipment and the methods of image recording. The credibility and acceptance of infrared imaging in medicine is subject to the critical use of the technology and proper understanding of human physiology.
Infrared Imaging Market Dynamics
Infrared imaging having a quality lens that has the ability to use in a harsh environment like water vapour, haze, smoke, fog. Hence infrared imaging products have a high demand among end-users. Companies operating in the  market have received many new leads for the development of infrared products for all the end-users.

The increasing use of infrared imaging cameras in security surveillance and quality control are driving the global market. Infrared (IR) technology has been utilized successfully in astronomy and in industrial and research setting for decades. However, recent innovations in infrared imaging have reduced costs, increased reliability, and noncontact IR sensors offering mobile and desktop applications.

The global market has high growth opportunities in the developing economies in the military & surveillance as well as in the healthcare sector.
Infrared Imaging Market Segment Analysis- by Technology
Cooled infrared imaging commended the largest market share of xx% by 2029.Infrared imaging cameras with a cooled detector offer some advantages over the uncooled detector. Modern cooled Infrared imaging has the temperature reduction capacity and fast/high-speed applications drive this segment in the global market. As the technology of cooled infrared imaging evolves, many applications have increasingly stringent requirements for quality temperature measurement.
Infrared Imaging Market Segment Analysis- by Wavelength
Near-infrared commended the largest market share of xx% in the global market.
Near-infrared nowadays is applied in research and development as well as in a variety of different fields in the industry. Infrared imaging has high applications in nondestructive testing, condition monitoring, predictive maintenance and many more areas are driving the segment in the global market. Competition among prominent players of near-infrared camera manufacturers led to the introduction of low-cost models at a price level of just several thousand dollars or euros. Near IR cameras will probably soon be adopting in hardware stores for analyzing building insulation, heating pipes, or electrical components in homes. This development is expected to propel the segment in the global market by xx% share in the forecast period.
Segment Analysis
North America commended the largest market share of xx% in the global infrared imaging market in the forecast period.

North America has high adoption of infrared imaging for surveillance applications and security. Technological globalization is speeded in a large part of North America by the spread of technology across borders. In the last two decades, there has been rapid improvement in the spread of IR technology to peripheral and semi-peripheral nations, gives the benefit to the global market for the growth.

In general, the report found that technological progress and economic growth rates were linked, hence the rise in technological progress has helped improve the situations of many living in absolute poverty. While the growth of technology use among countries has increased infrared imaging products demand dramatically, especially in the U.S

The objective of the report is to present a comprehensive analysis of the global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global market dynamics, structure by analyzing the market segments and project the global market clear representation of competitive analysis of key players by price, financial position, detection and equipment portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.
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Infrared Imaging Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 6.43 Bn.


Forecast Period 2023 to 2029 CAGR:
6.56%
Market Size in 2029:
US $ 10.04 Bn.


 Segments Covered:
by Technology
Cooled Infrared Imaging
Uncooled Infrared Imaging


by Wavelength
Near Infrared
Short Wave Infrared
Mid Wave Infrared
Long Wave Infrared


by Application
Security Surveillance
Monitoring & Inspection
Detection


by Modality
Mounted
Portable


by Vertical
Industrial
Nonindustrial



Infrared Imaging Market by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (razil, Argentina Rest of South America)
Key Players:
1. Sensors Unlimited
2. Princeton Infrared Technologies
3. FLIR Systems
4. Xenics
5. Allied Vision Technologies GmbH
6. Axis Communications AB
7. C-THERMAL
8. Cox Communications Inc.
9. Zhejiang Dali Technology Co.Ltd.
10. EpiSensor.com
11. EPIX Inc.
12. Fluke Corporation
13. IRCAmeras LLC.
14. L3Harris Technologies Inc.
15. LEONARDO DRS
16. NIT
17. Opgal
18. Princeton Infrared Technologies Inc.
19. Raptor Photonics
20. Sensors Unlimited
21. Sofradir
22. Tonbo Imaging
23. Infrared Imaging Services LLC.

Frequently Asked Questions:

1. Which region has the largest share in Global Infrared Imaging Market?
Ans: North America region held the highest share in 2022.

2. What is the growth rate of Global Infrared Imaging Market?
Ans: The Global Infrared Imaging Market is growing at a CAGR of 6.56% during forecasting period 2023-2029.

3. What is scope of the Global Infrared Imaging Market report?
Ans: Global Infrared Imaging Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Infrared Imaging Market?
Ans: The important key players in the Global Infrared Imaging Market are – Sensors Unlimited, Princeton Infrared Technologies, FLIR Systems, Xenics, Allied Vision Technologies GmbH, Axis Communications AB, C-THERMAL, Cox Communications Inc., Zhejiang Dali Technology Co.Ltd.,

5. What is the study period of this Market?
Ans: The Global Infrared Imaging Market is studied from 2022 to 2029.