Cooled IR Camera Market Projected to Gain $736.4 Million By 2026, Growing at a 13.5% CAGR: Allied Market Research
Allied Market Research
5 min read
Allied Market Research
The global cooled IR camera market is experiencing outstanding growth, owing to several factors such as an increase in the use of cooled IR cameras for security and inspection, and a surge in cooled IR camera adoption for quality control and surveillance. By end use, the defense & military segment accounted for the major market share in 2018. By technology, the mercury cadmium telluride segment would showcase the fastest CAGR during the forecast timeframe.
Wilmington, Delaware , Nov. 13, 2023 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Cooled IR Camera MarketBy Technology and End Use: Global Opportunity Analysis and Industry Forecast, 2019-2026". According to the report, the global cooled IR camera market is anticipated to gain $736.4 million by 2026, having witnessed a value of $242.7 million in 2018, exhibiting a remarkable CAGR of 13.5% from 2019 to 2026.
(We are providing report as per your research requirement, including the Latest Industry Insight’s Evolution, Potential and COVID-19 Impact Analysis)
118 - Tables
41 - Charts
122 - Pages
The report offers a detailed analysis of current trends, key investment pockets, top segments, regional analysis, and competitive scenarios. The report helps to provide information for new competitors, leading market players, investors, and stakeholders in devising and taking steps to bolster their competitive edge.
Report Coverage and Details:
Report Coverage
Details
Forecast Period
2019-2026
Base Year
2018
Market Size in 2018
$242.7 Million
Market Size in 2026
$736.4 Million
CAGR
13.5%
No. of Pages in Report
122
Segments Covered
Technology, End Use, and Country
Drivers
An increase in the use of cooled IR cameras for security and inspection
A surge in cooled IR camera adoption for quality control and surveillance
Opportunities
The rise in the usage of cooled infrared cameras in commercial applications
Increase in the usage of cooled infrared cameras for SWIR
Restraints
The high initial acquisition and maintenance costs
The global cooled IR camera market is grouped into various segments based on technology, end use, and country. It is offered in both graphical and tabular form, permitting an individual or a business to benefit perception into the highly profitable and rapidly growing segments.
By technology, the indium antimonide segment held the major market share in 2018, contributing to around three-fifths of the global cooled IR camera industry revenue, and is expected to retain its leadership status throughout the forecast period. On the other hand, the mercury cadmium telluride (MCT) segment would display the fastest CAGR of 15.1% from 2019 to 2026.
By end use, the defense & military segment accounted for the largest market share in 2018. holding more than one-fourth of the global cooled IR camera market revenue, and is expected to maintain its dominance throughout the forecast period. The commercial surveillance segment, however, would portray the fastest CAGR of 16.8% from 2019 to 2026.
By country, the global cooled IR camera market is being evaluated in the United States and the rest of the world. The United States (U.S.) held the largest market share in 2018, garnering one-third of the market, and is expected to maintain its leadership status over the projection period. The same country would also exhibit the highest CAGR of 12.6% from 2019 to 2026.
The report also provides an in-depth analysis of the top players in the global cooled IR camera market, they are as mentioned: Leonardo DRS, Global Sensor Technology Co., ltd., Xenics, AIM Infrarot-Module GmbH, Lynred, FLIR System Inc., L3 Technologies, SemiConductor Devices, Boston Electronics Corporation, and Hamamatsu Photonics. These leading players have adopted several strategies such as partnerships, new technological advances, mergers & acquisitions, and new product launches to maintain their foothold in the market.
Key Benefits For Stakeholders:
This study includes the analytical depiction of the global cooled IR camera market forecast along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information regarding the key drivers, restraints, and opportunities in the cooled IR camera market.
The cooled IR camera market growth is quantitatively analyzed from 2019 to 2026 to highlight the financial competency of the industry.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
Procure Complete Report (122 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/47lIcWf
Trending Reports in Semiconductor and Electronics Industry (Book Now with 10% Discount + COVID-19 Scenario):
High-Speed Camera Market is Projected to Reach $1.6 Billion by 2032, growing at a CAGR of 10.5% from 2023 to 2032
MV Camera Market is Anticipated to Grow $6.5 Billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031
3D Camera Market is Estimated to Attain $142.03 Billion by 2030, growing at a CAGR of 31.9% from 2021 to 2030
Professional 3D Camera Market is Expected to Garner $73.53 Billion by 2030, growing at CAGR of 31.7% from 2021 to 2030
Underwater Camera Market is Projected to Grow $18.81 Billion by 2030, registering a CAGR of 13.90% from 2021 to 2030
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 UK: +44-845-528-1300 India (Pune): +91-20-66346060 Fax: +1-800-792-5285
