© 2016 Global Market Insights, Inc. USA. All Rights Reserved (Infrared) IR Camera Market 2012 – 2023
© 2016 Global Market Insights, Inc. USA. All Rights Reserved (Infrared) IR camera market size was USD 3.24 billion in 2015, and is predicted to generate over USD 6 billion in revenue by 2023, with more than 9% CAGR expectations from 2016 to Technology advancement and mass production has brought down global IR Camera Market price trend, which is a key growth driver. Microbolometer technology development has also resulted in high degree of commercialization, thus fueling (Infrared) IR camera market growth. Increased demand from commercial and industrial applications has led to high adoption across several surveillance and security applications. Emergence and increased adoption of integrated solutions across commercial applications, along with increased integration in smartphones and high resolution cameras is likely to fuel IR camera market size. Global Market Scenario of (Infrared) IR Camera
© 2016 Global Market Insights, Inc. USA. All Rights Reserved These devices aid in reducing expensive and time-consuming invasive investigations, making them popular in identifying moisture in ceilings, roofs or walls, energy audits, detecting electrical deficiencies and plumbing leaks and blockages. Commercial and medical are poised to exhibit high growth in the coming years, with the former predicted to grow at 10.4% CAGR from 2016 to Major commercial use cases include automotive night vision, search, fire and rescue missions, security and surveillance, thermography. Germanium represented nearly 40% of the overall revenue generation in It offers several benefits in terms of device development such as better carrier mobility, higher nonlinear coefficients and the potential to produce active devices based on germanium- based alloys. High capital requirement, technical expertise and increasing acquisition and collaborations among key participants to enter emerging regional industries are estimated to increase entry barriers for new players. Get more markethttps:// market Continue.....
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe (Infrared) IR camera market size, by application, (USD Million)
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis Military and defense applications will continue occupying over 35% of the IR camera market share through the forecast timeframe. Challenging requirements for temperature tolerance, ruggedness, and reliability make these products critical across the defense domain. Regional Analysis Asia Pacific IR camera market size is set to surpass USD 1.75 billion by 2023, at 10.3% CAGR over the coming seven years. Japan, India, and South Korea are responsible for the growth forecast, primarily due to high demand in the defense sector in these countries. U.S. IR camera market share is likely to benefit from presence of major players as well as technological advancements. Competitive Market Share FLIR Systems, Samsung, Axis Communications, DRS, Fluke, and Seek Thermal were among the notable companies identified by this global IR camera market research report. Get more markethttps:// market 360° Analysis
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Report On (Infrared) IR camera camera-market camera-market Download Latest Report
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