Allied Market Research

2024

Commercial Infrared Camera Market

Commercial Infrared Camera Market Size, Share, Competitive Landscape and Trend Analysis Report by Technology and by End User : Global Opportunity Analysis and Industry Forecast, 2023-2032

SE : Electronic Systems and Devices

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Author's: | Sonia Mutreja
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Commercial Infrared Camera Market Outlook - 2027

The global commercial infrared camera market size is experiencing significant growth and is expected to grow considerably in the next few years. Infrared (IR) cameras are imaging devices that form images based on thermal or infrared radiation, similar to a common camera, which forms images using visible light and then converts into an electronic signal, which is then treated to produce a thermal image and perform temperature calculations. Commercial infrared cameras generate monochrome images as the image sensors used in commercial infrared cameras do not differentiate different wavelengths of infrared radiation. They not only monitor thermal performance but also identify and evaluate the severity of heat-related problems. They use cooled infrared detectors and uncooled infrared detectors. Cooled infrared detectors are contained in vacuum-sealed cases and cryogenically cooled. Uncooled infrared detectors use sensors operated at ambient temperature. Commercial infrared cameras with detectors are used for various purposes such as security, home automation, and fire & gas detection purposes. Commercial infrared cameras can capture images through harsh environments such as smoke, haze, fog, and water vapor. This resulted in the usage of these cameras for surveillance and security end uses.

COVID-19 scenario analysis: 

  • Numerous organizations, grocery stores, and working companies, including Amazon are using commercial infrared cameras on workers to detect their body temperature. This has augmented the demand for commercial infrared cameras amid COVID-19.
  • On the other hand, in April, the Drug and Food Administration relaxed some regulations on the usage of commercial infrared cameras to extend the access of technology.
  • In addition, to limit the spread of the highly contagious COVID-19 virus, various businesses across the globe have deployed social distancing requirements, stringent cleaning protocols, and capacity limitations as part of their plan to safely reopen. In this scenario, thermal imaging camera systems play a pivotal role with retailers, casinos, and manufacturing facilities to invest and deploy infrared camera solution to help them to proactively detect an elevated temperature in visitors or employees prior to entry.

Top impacting factors: commercial infrared camera market trends, scenario analysis, drivers, and impact analysis

Advancement of high-speed commercial infrared cameras with suitable sensors for measuring temperature and evaluating the relative severity of heat is a driver that contributes to the growth of the infrared imaging market. Continuous development of micro-bolometer, which is used as a thermal detector in a commercial infrared camera, is evolving technologically these days, which contributes to the growth of the market. In addition, increased commercialization, owing to advancements in microbolometer technology is also expected to fuel the market growth over the next few years. Commercial infrared cameras use sensors, which are costly, owing to the cost of these sensors, the end product becomes expensive that acts as a challenge for the growth of the market. 

New product launches to boost the market

Companies are emerging enhanced products for industrial purposes, which are suitable for automated thermal inspection and process control for high-speed production and processing lines. Commercial infrared cameras are incorporated with a global shutter to inspect fast-moving objects effectively. This feature permits the output of all pixels to be read simultaneously. Growth in adoption in security and surveillance end-use and increase in adoption of commercial infrared cameras in quality control & inspection boost the growth of the global commercial infrared camera market. 

Surge in usage in automotive and industrial applications 

The global commercial infrared camera observed substantial demand and increasing adoption in several applications. The defense sector is anticipated to dominate the market during the future due to higher investments in the Middle East and the Asia-Pacific regions. In addition, commercial infrared camera applications for infrastructure video surveillance are anticipated to fuel market growth. Increasing adoption in the commercial application sector is expected to fuel market growth. On the other hand, the medical imaging industry is supposed to see significant growth in adoption of these products over the years. Hospitals utilize commercial infrared cameras to detect life-threatening diseases such as tumors or cancer. Furthermore, IR camera can be used in several applications such as thermography, security & surveillance, and transportation systems.

Key benefits of the report:

  • This study presents the analytical depiction of the global commercial infrared camera market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global commercial infrared camera market share.
  • The current market is quantitatively analyzed to highlight the global commercial Infrared camera market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years. 

Questions answered in the commercial infrared camera market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the commercial infrared camera market forecast?
  • What are the projections for the future that would help in taking further strategic steps?

Commercial Infrared Camera Market Report Highlights

Aspects Details
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By Technology
  • Cooled IR Camera
  • Uncooled IR Camera
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By End User
  • Defense & Military
  • Industrial
  • Commercial Surveillance
  • Automotive
  • Others
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, UK, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (UAE, Argentina, Rest of LAMEA)
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Key Market Players

Fluke, IFM Electronic, Iridium Corporation., Hikvision, SpotterRF, Axis Communications, Inframetrics, Analog Devices, Inc., Century Optronics Ltd., Raytheon Technologies Corporation

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Commercial Infrared Camera Market

Global Opportunity Analysis and Industry Forecast, 2023-2032