The infrared imaging market is estimated to be worth USD 6.7 billion in 2023 and is projected to reach USD 9.6 billion by 2028, at a CAGR of 7.3% during the forecast period. Increased adoption of infrared imaging products in security & surveillance application is one of the major drivers that fuels market growth.
The market for uncooled
infrared imaging by technology to hold largest market share during the forecast
period
the expanding
applications of uncooled infrared imaging in areas like automotive, security,
and agriculture have fueled its growth. Also, the ease of use and the ability
to capture thermal data in real-time without the need for cooling systems have
made uncooled infrared imaging a preferred choice for many users.
Long-wave infrared by
wavelength held the largest market share in 2023
LWIR cameras provide an
extended wavelength range, enabling superior detection of small temperature
differentials and enhancing image quality. This characteristic makes them
highly suitable for critical applications like predictive maintenance, where
identifying subtle temperature variations is essential. Moreover, LWIR cameras
have experienced significant advancements in detector technology, resulting in
heightened sensitivity and improved resolution.
Monitoring &
Inspection by application to witness highest CAGR during forecast period
Infrared imaging
facilitates non-destructive monitoring and inspection across industries by
capturing thermal signatures. It assists in preventive maintenance, quality
control, energy audits, building inspections, healthcare diagnostics, and
agriculture, enabling the detection of anomalies, process optimization, and
efficiency improvement.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=593
Asia Pacific held to
register highest CAGR in the infrared imaging market during forecast period
The Asia Pacific region
is one of the key markets for infrared imaging market. The increasing adoption
of thermal imaging technology across various sectors has driven the demand for
infrared cameras and related products. Several companies in the region are
actively involved in the development, production, and distribution of infrared
imaging solutions. The technology continues to advance, and its applications
are expanding to new areas, promoting safety, efficiency, and innovation in the
region.
About MarketsandMarkets™
MarketsandMarkets™ is a
blue ocean alternative in growth consulting and program management, leveraging
a man-machine offering to drive supernormal growth for progressive
organizations in the B2B space. We have the widest lens on emerging
technologies, making us proficient in co-creating supernormal growth for
clients.
The B2B economy is
witnessing the emergence of $25 trillion of new revenue streams that are
substituting existing revenue streams in this decade alone. We work with
clients on growth programs, helping them monetize this $25 trillion opportunity
through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement, and Thought Leadership
Marketing.
Built on the 'GIVE
Growth' principle, we work with several Forbes Global 2000 B2B companies -
helping them stay relevant in a disruptive ecosystem.Our insights and
strategies are molded by our industry experts, cutting-edge AI-powered Market
Intelligence Cloud, and years of research.The KnowledgeStore™ (our Market
Intelligence Cloud) integrates our research, facilitates an analysis of
interconnections through a set of applications, helping clients look at the
entire ecosystem and understand the revenue shifts happening in their industry.
No comments:
Post a Comment