IR (Infrared) Camera Market Latest Research Report 2020:
The report presents a highly comprehensive and accurate research study on the global IR (Infrared) Camera market. It offers PESTLE analysis, qualitative and quantitative analysis, Porter’s Five Forces analysis, and absolute dollar opportunity analysis to help players improve their business strategies. It also sheds light on critical IR (Infrared) Camera Market dynamics such as trends and opportunities, drivers, restraints, and challenges to help market participants stay informed and cement a strong position in the industry. With competitive landscape analysis, the authors of the report have made a brilliant attempt to help readers understand important business tactics that leading companies use to maintain IR (Infrared) Camera market sustainability.
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Global IR (Infrared) Camera Market to reach USD 9.1 billion by 2025.
Global IR (Infrared) Camera Market valued approximately USD 4 billion in 2016 is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2017-2025.
Decreasing prices owing to technological proliferation is expected to be a key growth factor for the Infrared (IR) camera market. Increased commercialization owing to advancements in microbolometer technology is also expected to fuel market growth over the next few years. On account of increased adoption in industrial and commercial applications, they are used across numerous security & surveillance applications.
Recent technological advancements have led to miniaturization, which is expected favorably impact market growth over the forecast period. These cameras are capable of viewing across a long-wave infrared region ,and can also detect objects in total darkness. High investment, availability of cost-effective products due to mass production, and a range of diverse applications integrating this technology are expected to be the key market drivers. Further, the IR camera market is also expected to witness growth owing to declining product price.
Decreasing defense budgets in developed markets are expected to pose a challenge to market growth over the forecast period. Increasing adoption of high-resolution cameras and smartphones is expected to provide a sizeable sizable opportunity for market growth. Further, IR camera plays a significant part in providing night-vision option for automobiles. For instance, FLIR Systems provides camera cores for Rolls Royce, BMW, Audi and Mercedes-Benz models through a partnership with Autoliv Electronics.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
oMilitary & Defence
oRest of the World
Furthermore, years considered for the study are as follows:
Historical year “ 2015, 2016
Base year “ 2017
Forecast period “ 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Current Corporation, Dali Technology., DRS Technologies Inc., E.D. Bullard Company
FLIR Systems, Inc, Fluke Corporation, General Dynamics Corporation, Guangzhou SAT Infrared Technology Co., Ltd, Infrared Integrated Systems Ltd (IRISYS), Axis Communication AB and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.
Target Audience of the Global IR (Infrared) Camera Market in Market Study:
oKey Consulting Companies & Advisors
oLarge, medium-sized, and small enterprises
oValue-Added Resellers (VARs)
oThird-party knowledge providers
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Table of Contents:
Study Coverage: It includes study objectives, years considered for the research study, growth rate and IR (Infrared) Camera market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.
Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global IR (Infrared) Camera market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.
IR (Infrared) Camera Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.
Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.
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