Global Infrared Imaging Market Overview:

The Global Infrared Imaging Market size is expected to reach $7.2 billion by 2023, rising at a market growth of 7.1% CAGR during the forecast period. The process of capturing and converting invisible infrared images into visible images is termed as infrared imaging. One of the major advantages of infrared light is, it can penetrate into those areas, where visible light cannot. The technology was initially developed by the military to produce binoculars, gun lights and night vision cameras, however, these devices are now used by various civilian agencies as well. Rapid technological expansion of high speed infrared cameras, with advanced features to measure thermal performances and evaluate relative severity of heat contributes to the growth of infrared imaging market.

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KBV Cardinal Matrix - Infrared Imaging Market

Market Segmentation:

Based on Wavelength, the Infrared Imaging market segments the market into

• Long-Wave Infrared: The North America market holds the largest market share in Global Long-Wave Infrared Solution Market by Region in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.1 % during the forecast period.
• Mid-Wave Infrared: The Europe market is expected to witness a CAGR of 5.8% during (2017 - 2023) in Global Mid-Wave Infrared Market.
• Shortwave Infrared: The Asia Pacific market is expected to witness a CAGR of 9.9% during (2017 - 2023) in Global Shortwave Infrared Market.
• Near Infrared

Based on Application, the market report segments the market into

• Security & Surveillance: The Security & Surveillance market holds the largest market share in Global Infrared Imaging Market by Application in 2016 and would continue to be a dominant market till 2023.
• Monitoring & Inspection: The Security & Surveillance market holds the largest market share in Global Infrared Imaging Market by Application in 2016 and would continue to be a dominant market till 2023.
• Detection: The Detection market would garner market size of $1,706.4 million by 2023.

Based on Technology, the Infrared Imaging market segments the market into

• Cooled Infrared Imaging
• UnCooled Infrared Imaging

Based on Vertical, the Infrared Imaging market segments the market into

• Military & Defense: The Military & Defense market holds the largest market share in Global Infrared Imaging Market by Vertical in 2016 and would continue to be a dominant market till 2023; growing at a CAGR of 5.1 % during the forecast period.
• Aerospace
• Automotive
• Healthcare: The Healthcare market is expected to witness a CAGR of 6.7% during (2017 - 2023).
• Food & Beverages
• Oil & Gas: The Healthcare market is expected to witness a CAGR of 6.7% during (2017 - 2023).
• Civil Infrastructure
• Scientific Research
• Others

Based on Regions, the Infrared Imaging market segments the market into

• North America (U.S, Canada, Mexico, Rest of North America)
• Europe (Germany, UK, France, Russia, Spain, Italy, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, Rest of Asia Pacific)
• Latin America, Middle East and Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, Rest of LAMEA).

Competition Analysis: (Click Here For Exclusive Report on Competition Analysis)

The market research report covers the competition analysis of key stake holders of the Global Infrared Imaging Market. Key companies profiled in the report include Flir Systems, Inc., Fortive (Fluke Corporation), Sensors Unlimited, Leonardo DRS, Axis Communications AB, Xenics, Opgal Optronic Industries Ltd., New Imaging Technologies, Allied Vision Technologies GmbH, and Sofradir.

Related Reports:

North America Infrared Imaging Market (2017-2023)

Europe Infrared Imaging Market (2017-2023)

Asia Pacific Infrared Imaging Market (2017-2023)

LAMEA Infrared Imaging Market (2017-2023)