Ir (Infrared) Camera Market Shares and Size, Market Strategies and Analysis, Business Overview and Market Forecasts, 2016 to 2025

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IR (Infrared) Camera Market Shares and Size, Market

Strategies and Analysis, Business Overview and Market

Forecasts, 2016 to 2025

The global IR camera market is expected to reach USD 5.10 billion by 2020. IR cameras help identify the

site of tissue damage in case of injuries, and are expected to witness surging demand in medical imaging

applications. They have been extensively used by airports during the outbreak of epidemics to identify

and screen passengers with elevated body temperatures. Microbolometer development has resulted in

increased commercialization, which is also expected to be a key market driver.

High demand for IR cameras across several emerging market segments including food service and

distribution, healthcare and screening, veterinary science, automotive care, maritime vessel inspections

and aircraft inspection offer opportunities for market growth. Incorporating infrared cameras in

smartphones at lower costs is expected to present vistas for market growth for companies operating in

the market. Declining defense spending may pose a barrier to the global IR camera market over the next

six years.

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Further key findings from the study suggest:

Germanium accounted for over 35% of the IR camera market in 2013. Sapphire lenses are extremely

hard, durable and exhibit good transmission range covering UV to IR range. These lenses are suitable for

high-pressure, high power applications, and the segment is expected to witness high growth over the

next six years.

Military and defense was the largest application segment in 2013; these applications have...