Global Infrared Imaging Market Growth (Status and Outlook) 2024-2030
According to our LPI (LP Information) latest study, the global Infrared Imaging market size was valued at US$ 231.9 million in 2023. With growing demand in downstream market, the Infrared Imaging is forecast to a readjusted size of US$ 293.5 million by 2030 with a CAGR of 3.4% during review period.
The research report highlights the growth potential of the global Infrared Imaging market. Infrared Imaging are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Infrared Imaging. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Infrared Imaging market.
The technique of capturing and converting invisible infrared images into visible images is called infrared imaging. Visible light is easily detected by the human eye, but to see infrared light it is important to have infrared cameras and imagers. These devices possess special sensors that operate without the need of visible light. The radiations in the infrared imaging technique are emitted by the targeted objects or are reflected radiations. The imaging devices have infrared illuminator lasers with LEDs (Light Emitting Diodes) for the purpose of illumination. The infrared radiations emitted by warm objects are detected by thermal infrared imagers directing them to infrared sensor array. These sensor arrays convert infrared signals into electric signals which are then converted into an image.
North America held the largest share of the market in 2017, and the market in this region is expected to witness significant growth during the forecast period. The high adoption of infrared imaging cameras in the US has led to the dominant position of North America in the infrared imaging market.
Key Features:
The report on Infrared Imaging market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Infrared Imaging market. It may include historical data, market segmentation by Type (e.g., Cooled Infrared Imaging, Uncooled Infrared Imaging), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Infrared Imaging market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Infrared Imaging market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Infrared Imaging industry. This include advancements in Infrared Imaging technology, Infrared Imaging new entrants, Infrared Imaging new investment, and other innovations that are shaping the future of Infrared Imaging.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Infrared Imaging market. It includes factors influencing customer ' purchasing decisions, preferences for Infrared Imaging product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Infrared Imaging market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Infrared Imaging market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Infrared Imaging market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Infrared Imaging industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Infrared Imaging market.
Market Segmentation:
Infrared Imaging market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Cooled Infrared Imaging
Uncooled Infrared Imaging
Segmentation by application
Security & Surveillance
Monitoring & Inspection
Detection
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Flir Systems
Fluke
Sensors Unlimited
Leonardo
Axis Communications
Xenics
Opgal Optronic Industries
New Imaging Technologies
Allied Vision Technologies
Sofradir
Cox
C-Thermal
Ircameras
Princeton Infrared Technologies
Dali Technology
Tonbo Imaging
L3 Technologies
Raptor Photonics
Episenors
Princeton Instruments
Please note: The report will take approximately 2 business days to prepare and deliver.