The global image intensifier market was valued at $1.6 billion in 2021 and is projected to reach $3.2 billion by 2031, growing at a CAGR of 7.5% from 2022 to 2031
An image intensifier is a device that amplifies low-light-level images, such as those produced by night vision goggles or surveillance cameras. It converts the light energy of an image into electrical energy, which is then amplified and used to produce a brighter image on a screen or other display device. The image intensifier typically consists of several key components, including a photocathode, a microchannel plate (MCP), and a phosphor screen.
The photocathode, which is usually made of a special material such as gallium arsenide, is responsible for converting the incoming light energy into electrical energy. The electrical energy is then amplified by the MCP, which is a thin plate with millions of microscopic channels etched into its surface. The amplified electrical energy is then directed to the phosphor screen, which converts it back into light energy and produces the final image. Image intensifiers are used in a variety of applications, such as night vision goggles for military and law enforcement, medical imaging, and scientific research. They are also used in security and surveillance systems, and in cameras and telescopes to enhance the visibility of faint objects in low-light conditions. Further, the image intensifier solution such as fluoroscopy is a medical imaging technique that is used to visualize internal body structures during fluoroscopic procedures. It uses a specialized device, called an image intensifier, to amplify and display the X-rays that pass through the body, making it possible to see internal structures in real time.
The global image intensifier market is expected to witness notable growth during the forecast period, owing to an increase in demand for night vision technology, growth in the use of image intensifiers in industrial and scientific applications, and an increase in the need to identify and stop fraudulent activity. Moreover, the surge in the adoption of intensifiers in medical imaging, and the increase in defense spending in the image intensifier market are expected to provide lucrative opportunities for the growth of the image intensifier market during the forecast period. On the contrary, competition from alternative technologies is the prime restraint for image intensifier market growth during the forecast period.
The image intensifier market size is segmented into Application, Industry Vertical, and Region.
On the basis of application, the image intensifier market share is divided into cameras, scopes, goggles, and x-ray detectors. In 2021, the goggles segment dominated the market, in terms of revenue. However, the cameras segment is expected to emerge as one of the fastest-growing segments for application during the forecast period 2022-2031.
By industry vertical, the image intensifier market forecast is segregated into medical, defense and surveillance, industrial, and others. The defense and surveillance segment acquired a major share in the industry vertical with a CAGR of 8.5% from 2022 to 2031. Further, the medical segment is expected to emerge as one of the most dominating segments of image intensifiers market size for the industry vertical.
Region-wise, the image intensifier market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (UK, Germany, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). North America, Specifically U.S., remains a significant participant in the image intensifier market. Major organizations and government institutions in the North American region have significantly put resources into action to develop enhanced image intensifier solutions such as image intensifier fluoroscopy, image intensifier night vision, C-arm, and defense goggles in healthcare and defense sectors in emerging economies is driving the growth of the image intensifier industry in North America.
Competitive analysis and profiles of the major global Image Intensifier market players that have been provided in the report include Siemens AG, canon medical systems corporation, FLIR Systems Inc., Thales Group, Harris, PHOTONIS technologies, ARSELAN A.S., Optexim JSC, Photek Limited, L3Harris Technologies, Inc.
Country-wise, the U.S, acquired a prime share in the image intensifier market in the North American region and is expected to grow at a high CAGR of 8.7% during the forecast period of 2022-2031, owing to high investment by the U.S. government in healthcare and defense sectors to develop and deploy next-generation image intensifier-based solution.
In Europe, the UK, dominated the image intensifier market, in terms of revenue, in 2021 and is expected to follow the same trend during the forecast period. However, Germany is expected to emerge as the fastest-growing country in Europe's image intensifier with a CAGR of 7.0%, owing to a significant development in law and order, defense, and other sectors in the country.
In Asia-Pacific, India is expected to emerge as a significant market for the image intensifier industry, owing to a significant rise in investment by prime players and government institutions for medical and defense solutions in the region. China holds a major share in the Asia-Pacific image intensifier market with a CAGR of 8.7% from 2022-2031.
By LAMEA region, the Middle East garnered a significant market share in 2021. The LAMEA image intensifier market has been witnessing improvement, owing to the growing inclination of companies toward research and development for enhanced connectivity in night vision solutions across this region. Moreover, the Latin America region is expected to emerge as a significant player in the LAMEA image intensifier market outlook and is expected to grow with a CAGR of 7.6% from 2022 to 2031
Historical Data & Information
The global image intensifier market is highly competitive, owing to the strong presence of existing vendors. Vendors of the image intensifier with extensive technical and financial resources are expected to gain a competitive advantage over their competitors because they can cater to market demands. The competitive environment in this market is expected to worsen as technological innovations, product extensions, and different strategies adopted by key vendors increase.
Key Developments/ Strategies
Siemens AG, Canon medical systems corporation, FLIR Systems Inc., Thales Group, Harris, PHOTONIS technologies, ARSELAN A.S., Optexim JSC, Photek Limited, L3Harris Technologies, Inc are the top companies holding a prime share in the image intensifier market opportunity. Top market players have adopted various strategies, such as product launches, acquisitions, innovation, partnerships, and others to expand their foothold in the image intensifier market.
In November 2022, L3Harris Technologies delivered its 10,000th Enhanced Night Vision Goggle-Binocular to the U.S. Army and received a new production order for additional ENVG-Bs. Unlike any other night vision system, the combat-proven ENVG-B enables soldiers to locate, evaluate, and engage a target with better accuracy and speed. The ENVG-B gives soldiers vital situational awareness during low-light and night operations to keep them safe during the mission with the help of cutting-edge fusion technology.
In July 2022, Subtle Medical, a key provider of artificial intelligence (AI) solutions for medical imaging, and Siemens Healthineers, a leading medical technology company, officially announced the integration of Subtle Medical's SubtleMR image-enhancement software into the new reconstruction pipeline of Siemens Healthineers, Open Recon. SubtleMR offers DL (deep learning) post-processing for denoising and increased sharpness on faster MRI sequences, enabling improved image quality, optimized workflow, and a better patient experience.
In July 2022, Canon medical systems corporation launched Vantage Fortian at ECR 2022. The new MRI system has cutting-edge workflow strategies, image enhancement, and expedited scan technologies, all of which help shorten the time needed for MRI treatments. The Vantage Fortian uses machine learning and deep learning technologies to automate various scan processes, validate setup steps to save time, and improve image quality by reducing noise and restoring signal-to-noise ratio (SNR).
In June 2022, Teledyne FLIR announced the addition of an E52 camera to its range of Exx thermal Imaging devices which currently include the E96, E86, E76, and E54 models. The new E52 camera offers professional quality thermal resolution to ensure that images are easy-to-read and on-camera routing capability to improve field survey efficiency.
In March 2022, Hamamatsu Photonics announced the development of THz-I.I., the world’s first terahertz image intensifier which is capable of real-time non-destructive imaging, the device could have applications in the foreign matter inspection of food products and in (human) body scanning
In June 2020, Thales Group announced the launch of Nillie, a new night vision goggle, in Eurosatory 2020. As a binocular NVG, the new product offers a stereoscopic vision for an improved sense of relief and depth.
In, January 2020, the Direction générale de l'armement (DGA) appointed Photonis Technologies as the only supplier of image intensifier tubes for the TIGRIS Clip-On Weapon Sight for the Fusil de Précision Semi-Automatique (FPSA) program, which will replace precision weapons that have been in use since the 1980s. About 1,800 Clip-On Weapon Sights will receive Photonis' top-of-the-line 4G image intensifier tubes through this program
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the image intensifier market analysis from 2021 to 2031 to identify the prevailing image intensifier market opportunities.
- Market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
- An in-depth analysis of the image intensifier market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes an analysis of the regional as well as global image intensifier market trends, key players, market segments, application areas, and market growth strategies.
Image Intensifier Market Report Highlights
Market Size By 2031
USD 3.2 billion
CAGR of 7.5%
2021 - 2031
By Industry Vertical
Key Market Players
L3Harris Technologies, Inc., PHOTONIS, Thales Group, Harder Digital, Photek Limited., CANON MEDICAL SYSTEMS CORPORATION, Optexim JSC, FLIR Systems Inc., Siemens AG, Alpha Optics Systems Inc.
The global image intensifier market is expected to witness significant growth due to the growing use of image intensifiers in industrial and scientific applications. During the forecast period, it is anticipated that the increasing demand for night vision technology, would propel the worldwide image intensifier market's expansion. However, competition from alternative technologies such as thermal imaging and others is expected to restrain market expansion during the forecast period.
Furthermore, the advancements in image intensifier technology have made the devices more efficient, compact, and lightweight, and have improved the sensitivity and resolution of the images produced by the intensifiers. This has made them more versatile and easier to use in various applications, including military, law enforcement, industrial inspection, scientific research, and medical imaging. The advancements in image intensifier technology have also made them more cost-effective and have increased the demand for these devices in various sectors. As technology continues to improve, image intensifiers are expected to become even more advanced and capable of producing even higher-quality images, which will further increase their adoption in various fields.