IR Camera Market to Grow with a CAGR of 10.22% through 2029
Technological advancements, increasing demand for security & surveillance and growth in industrial applications are likely to drive the market in the forecast period.
According to
TechSci Research report, “IR Camera Market – Global Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2029”, the Global IR
Camera Market is expected to grow at a CAGR of 10.22% in the forecast period. The
expanding applications of IR cameras in healthcare is a notable driver of the
global IR camera market. IR cameras offer non-invasive thermal imaging that can
be used for various diagnostic and therapeutic purposes, contributing to their
growing adoption in medical settings. In
healthcare, IR cameras are utilized for detecting and monitoring temperature
variations in patients. They can identify areas of inflammation, infection, or
abnormal blood flow, which can aid in diagnosing conditions such as arthritis,
vascular disorders, and tumors. For instance, IR imaging can detect early signs
of breast cancer by identifying abnormal temperature patterns in breast tissue,
allowing for earlier intervention and treatment.
IR
cameras are also valuable in monitoring body temperature, which has become
particularly relevant in the context of infectious disease outbreaks, such as
the COVID-19 pandemic. Non-contact temperature measurement with IR cameras
allows for rapid and accurate screening of individuals for fever, a common
symptom of various infections. This application is useful in settings such as
airports, hospitals, and public spaces, where quick and efficient temperature
checks are essential for maintaining public health. IR
cameras are used in therapeutic applications, such as assessing blood
circulation and guiding physical therapy treatments. By visualizing temperature
changes associated with blood flow, healthcare professionals can tailor
treatment plans to individual patient needs and monitor progress more
effectively. As
healthcare continues to advance towards more personalized and non-invasive
diagnostic methods, the role of IR cameras is expected to expand. Their ability
to provide detailed thermal images and detect subtle physiological changes
enhances diagnostic accuracy and patient care, driving the growth of the IR
camera market in the healthcare sector.
Browse over XX Market
data Figures spread through XX Pages and an in-depth TOC on "Global IR Camera Market”
Based on Detector, The Uncooled segment held the largest Market
share in 2023. Uncooled IR cameras are generally more affordable than their
cooled counterparts. The absence of a cooling mechanism reduces manufacturing
and maintenance costs, making these cameras more accessible to a broader range
of applications and users. This cost advantage is particularly appealing for
applications in consumer and commercial markets, such as home security and
industrial inspections, where budget constraints are a consideration.
Without the need
for a bulky cooling system, uncooled IR cameras are typically more compact and
lightweight. This design flexibility allows for integration into smaller and
portable devices, enhancing their utility in various settings, including
handheld devices, drones, and mobile platforms. The compact design also
facilitates ease of deployment in field applications, where portability and
ease of use are crucial.
Uncooled IR
cameras are known for their reliability and lower maintenance requirements. The
lack of moving parts and cooling systems reduces the potential for mechanical
failures and the need for regular servicing. This durability is advantageous in
demanding environments and applications where consistent performance is
critical.
The simplicity
and lower cost of uncooled IR cameras have led to their widespread adoption
across diverse sectors. As the technology has matured, improvements in sensor
quality and performance have further expanded their application range, driving
continued growth in market share.
Major companies
operating in the Global IR Camera Market are:
- Honeywell
International Inc.
- RTX
Corporation
- Bosch
Sicherheitssysteme GmbH
- Leonardo
S.p.A.
- Seek
Thermal, Inc.
- Teledyne
Technologies Incorporated
- Semiconductor
Components Industries, L.L.C.
- HANGZHOU
HIKVISION DIGITAL TECHNOLOGY CO. LTD
- Intevac,
Inc.
- L3
Technologies, Inc.
Download Free Sample Report
Customers can
also request 10% free customization on this report.
“The Global IR
Camera Market is expected to rise in the upcoming years and register a
significant CAGR during the forecast period. The global IR camera market
presents substantial opportunities driven by technological advancements,
expanding applications across various sectors, and increasing demand for
enhanced security and diagnostic tools. Innovations in AI and machine learning,
coupled with the miniaturization of IR cameras, are broadening their
applications in industries such as healthcare, automotive, and industrial
maintenance. Additionally, the rising need for non-invasive diagnostic
solutions and smart security systems further accelerates market growth. As
these trends continue to evolve, the IR camera market is poised for significant
expansion, offering ample opportunities for growth and investment in advanced
imaging technologies.” said Mr. Karan Chechi, Research Director of TechSci
Research, a research-based management consulting firm.
“IR
Camera Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
Segmented By Detector (Cooled, Uncooled), By Type (Near & Short-Wavelength
IR, Medium-Wavelength IR, Long-Wavelength IR), By Material (Germanium, Silicon,
Sapphire, Other), By End-User (Military & Defense, Automotive, Industrial,
Commercial & Public, Residential, Other) By Region & Competition,
2019-2029F”, has evaluated the future growth
potential of Global IR Camera Market and provides statistics & information
on Market size, structure and future Market growth. The report intends to
provide cutting-edge Market intelligence and help decision-makers make sound
investment decisions., The report also identifies and analyzes the emerging
trends along with essential drivers, challenges, and opportunities in the Global
IR Camera Market.
Contact
Techsci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com