Infrared Imaging Market Size, Share & Industry Trends Analysis Report by Technology (Cooled & Uncooled Infrared Imaging), Wavelength (Near, Shortwave, Mid-wave, & Long-wave Infrared), Application (Security & Surveillance, Monitoring & Inspection, Detection), Vertical - Global Forecast to 2028
Updated on : Oct 22, 2024
Global Infrared Imaging Market Size
The global infrared imaging market size is estimated to be worth USD 6.7 billion in 2023 and is projected to reach USD 9.6 billion by 2028, growing at a CAGR of 7.3% during the forecast period 2023-2028
Increased adoption of infrared imaging products in security & surveillance application is one of the major drivers that fuels IR camera market growth.
Infrared Imaging Market Statistics Forecast to 2028
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Global Infrared Imaging Market Trends
Driver: Increasing use of infrared (IR) cameras in quality control and inspection application
The increasing use of infrared cameras in quality control and inspection applications has emerged as a significant trend in various industries. These highly advanced cameras enable businesses to enhance their quality control processes by providing non-destructive and non-contact testing capabilities.
By capturing and analyzing thermal patterns, infrared cameras can identify anomalies, defects, or variations in temperature that may indicate potential issues with products or equipment. This technology allows for real-time monitoring, precise measurement, and efficient analysis, resulting in improved product quality, reduced waste, and enhanced overall operational efficiency.
Restraint: Limitations associated with image resolution and sensitivity of infrared (IR) cameras
The limited resolution and sensitivity lead to restrict the adoption of infrared imaging in certain high-precision applications and industries that demand exceptional image quality and detail. This leads to reliance on alternative imaging technologies or the need for supplementary methods to achieve the desired level of accuracy.
Opportunity: Emerging infrared imaging applications in automotive sector
Emerging infrared imaging applications in the automotive sector are driving innovation and transforming the driving experience. Infrared imaging technology offers advanced capabilities that enhance vehicle safety, convenience, and efficiency. One notable application is in driver monitoring systems, where infrared cameras can detect driver drowsiness or distraction by monitoring eye movements and alerting the driver in real time.
Challenge: High cost of infrared cameras to challenge adoption
The higher cost of a SWIR camera restricts its widespread adoption and impacts the overall infrared imaging industry. While LWIR and MWIR cameras are also expensive, their price varies as per the application. For instance, infrared imaging cameras used for building inspection are usually less expensive than those used in research and development applications.
Infrared Imaging Market Ecosystem
The infrared imaging market is marked by the presence of a few tier-1 companies, such as Teledyne FLIR LLC (US), Fluke Corporation (US), Raytheon Technologies Corporation (US), Leonardo DRS (US), Axis Communications AB (Sweden), and many more. These companies have created a competitive ecosystem by investing in research and development activities to launch highly efficient and reliable infrared imaging offerings.
The market for uncooled infrared imaging by technology to hold largest market share during the forecast period
the expanding applications of uncooled infrared imaging in areas like automotive, security, and agriculture have fueled its growth. Also, the ease of use and the ability to capture thermal data in real-time without the need for cooling systems have made uncooled infrared imaging a preferred choice for many users.
Long-wave infrared by wavelength held the largest market share in 2023
LWIR cameras provide an extended wavelength range, enabling superior detection of small temperature differentials and enhancing image quality. This characteristic makes them highly suitable for critical applications like predictive maintenance, where identifying subtle temperature variations is essential. Moreover, LWIR cameras have experienced significant advancements in detector technology, resulting in heightened sensitivity and improved resolution.
Monitoring & Inspection by application to witness highest CAGR during forecast period
Infrared imaging facilitates non-destructive monitoring and inspection across industries by capturing thermal signatures. It assists in preventive maintenance, quality control, energy audits, building inspections, healthcare diagnostics, and agriculture, enabling the detection of anomalies, process optimization, and efficiency improvement.
Infrared Imaging Market Share
Asia Pacific held to register highest CAGR in the infrared imaging industry during forecast period
The Asia Pacific region is one of the key markets for infrared imaging market. The increasing adoption of thermal imaging technology across various sectors has driven the demand for infrared cameras and related products. Several companies in the region are actively involved in the development, production, and distribution of infrared imaging solutions. The technology continues to advance, and its applications are expanding to new areas, promoting safety, efficiency, and innovation in the region.
Infrared Imaging Market Statistics by Region
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Top Infrared Imaging Companies - Key Market Players
The overall infrared imaging market is dominated by
- Teledyne FLIR LLC (US),
- Leonardo DRS (US),
- Axis Communications AB (Sweden),
- Zhejiang Dali Technology Co.,Ltd. (China),
- OPGAL Optronics Industries Ltd (Israel)
- L3Harris Technologies (US), Inc,
- Fluke Corporation (US),
- Raytheon Technologies Corporation (US),
- Xenics nv (Belgium), and
- Allied Vision Technologies GmbH (Germany).
These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the market.
Infrared Imaging Market Report Scope
Report Metric |
Details |
Estimated Market Size | USD 6.7 billion in 2023 |
Projected Market Size | USD 9.6 billion by 2028 |
Infrared Imaging Market Growth Rate | CAGR of 7.3% |
Infrared Imaging Market size available for years |
2019–2028 |
Base year considered |
2022 |
Forecast period |
2023–2028 |
Forecast units |
Value (USD Million/Billion) |
Segments covered |
By Technology, By Wavelength, By Application, By Vertical and Region |
Geographies covered |
North America, Europe, Asia Pacific, and Rest of World |
Companies covered |
The major players in the infrared imaging market are Teledyne FLIR LLC (US), Fluke Corporation (US), Raytheon Technologies Corporation (US), Leonardo DRS (US), Axis Communications AB (Sweden), L3Harris Technologies (US), Inc, Xenics nv (Belgium), Zhejiang Dali Technology Co.,Ltd. (China), OPGAL Optronics Industries Ltd (Israel) and Allied Vision Technologies GmbH (Germany). |
Infrared Imaging Market Highlights
The study segments the infrared Imaging industry based on By Methodology, Device Type, Gas Analyzer Type, Industry and Region
Segment |
Subsegment |
By Technology |
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By Wavelength |
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By Application |
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By Vertical |
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By Region |
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Recent Developments in Infrared Imaging Industry
- In February 2023, Xenics nv (Belgium) launched Lynx R and XSL R series, expanding its linear SWIR camera portfolio. Linear SWIR cameras are available for demanding applications such as food sorting, machine vision, spectroscopy, optical fiber monitoring, semiconductor inspection, LIDAR sensing and spectral-domain optical coherence tomography.
- In April 2023, Raytheon Technologies (US) announced the launch of RAIVEN, an innovative tool that boosts the situational awareness capabilities of military & security personnel. Its primary purpose is to deliver real-time video streaming and advanced analytics in demanding environments, empowering users with enhanced insights and information..
- In June 2022, Teledyne FLIR LLC (US) and United States Coast Guard (USCG) signed a contract that to provide Maritime Forward Looking Infrared (MARFLIR) II sensors and SeaFLIR 280-HD surveillance systems. This contract strengthens Teledyne FLIR Defense's position as a trusted provider of cutting-edge imaging solutions for defense applications.
Frequently Asked Questions (FAQ):
What is the current size of the global infrared imaging market?
The infrared imaging market is estimated to be worth USD 6.7 billion in 2023 and is projected to reach USD 9.6 billion by 2028, growing at a CAGR of 7.3% during the forecast period.
Who are the winners in the global infrared imaging market?
Teledyne FLIR LLC (US), Axis Communications AB (Sweden), Fluke Corporation (US) are some of the global winners in infrared imaging market.
Which region is expected to hold the highest market share?
North America is expected to dominate the infrared imaging market during forecast period as region is home to many top market players such as Teledyne FLIR LLC (US), Fluke Corporation (US), L3Harris Technologies, Inc. (US), IRCameras LLC (US), OPGAL Optronics Industries Ltd. (US) and Leonardo DRS (US).
What are the major opportunities related to the infrared imaging market?
Emerging infrared imaging applications in automotive sector; Increase in application areas for infrared cameras; Penetration of infrared cameras in consumer electronics industry are major opportunities related to infrared imaging market.
What are the major strategies adopted by market players?
The key players have adopted product launches, acquisitions, and partnerships to strengthen their position in the infrared imaging market.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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- 5.1 INTRODUCTION
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5.2 MARKET DYNAMICSDRIVERS- Increasing use of infrared imaging products in security & surveillance applications- Rising adoption of infrared cameras in quality control and inspection applications- Growing popularity of uncooled infrared cameras- Boosting demand for SWIR cameras in machine vision applicationsRESTRAINTS- Stringent import and export regulations for selling infrared cameras in US- Limitations associated with image resolution and sensitivity of infrared camerasOPPORTUNITIES- Emerging applications of IR imaging technology in automotive sector- Newer application areas of SWIR cameras- Integration of infrared imaging technology into consumer electronicsCHALLENGES- High cost associated with infrared cameras- Designing highly accurate IR imaging products- Integration and compatibility challenges pertaining to infrared imaging technology
- 5.3 VALUE CHAIN ANALYSIS
- 5.4 INFRARED IMAGING ECOSYSTEM
- 5.5 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN INFRARED IMAGING MARKET
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5.6 PRICING ANALYSISAVERAGE SELLING PRICE OF INFRARED IMAGING PRODUCTS OFFERED BY KEY PLAYERS
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5.7 TECHNOLOGY TRENDSUSE OF IR IMAGING TECHNOLOGY TO ANALYZE ORGANIC COMPOSTIMPLEMENTATION OF VIBRATIONAL SPECTROSCOPIC TECHNIQUES TO ANALYZE TEA QUALITY AND SAFETYADOPTION OF THERMAL CAMERAS IN SECURITY AND INSPECTION APPLICATIONSTRANSFORMATION IN INFRARED IMAGING TECHNOLOGY WITH CLOUD INTEGRATIONADVANCEMENTS IN AI-BASED INFRARED IMAGING
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5.8 PORTER’S FIVE FORCES ANALYSISTHREAT OF NEW ENTRANTSTHREAT OF SUBSTITUTESBARGAINING POWER OF SUPPLIERSBARGAINING POWER OF BUYERSINTENSITY OF COMPETITIVE RIVALRY
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5.9 KEY STAKEHOLDERS IN BUYING PROCESS AND BUYING CRITERIAKEY STAKEHOLDERS IN BUYING PROCESSBUYING CRITERIA
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5.10 CASE STUDY ANALYSISROCKWOOL GROUP USED TELEDYNE FLIR’S THERMAL IMAGING TECHNOLOGY TO EVALUATE INSULATION EFFECTIVENESS AND PROVIDE COMPREHENSIVE BUILDING ANALYSISVICENZA COURT RESOLVED CONSTRUCTION DISPUTE BY HIRING SERVICES OF THERMAL IMAGING EXPERTS FROM MULTITES SRLHIGHLAND HELICOPTERS DEPLOYED THERMAL CAMERAS FROM INFRATEC TO COMBAT WILDFIRES
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5.11 TRADE ANALYSISIMPORT SCENARIO OF MAGNETIC OR OPTICAL READERSEXPORT SCENARIO OF MAGNETIC OR OPTICAL READERS
- 5.12 PATENT ANALYSIS
- 5.13 KEY CONFERENCES AND EVENTS, 2023–2024
- 5.14 TARIFF ANALYSIS
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5.15 STANDARDS AND REGULATORY LANDSCAPEREGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONSGOVERNMENT REGULATIONSREGULATORY LANDSCAPEGOVERNMENT REGULATIONS- US- Europe- India
- 6.1 INTRODUCTION
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6.2 PORTABLEUSE OF PORTABLE CAMERAS FOR CONVENIENCE AND EFFORTLESS IMAGINGAERIAL- Deployment of aerial cameras for thermographic view and improved visibility of objects to be monitored or inspectedHANDHELD- Implementation of handheld cameras in buildings to inspect heat loss and detect insulation issues
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6.3 FIXEDADOPTION OF FIXED CAMERAS TO ENSURE CONSISTENT AND RELIABLE IMAGING OUTPUT
- 7.1 INTRODUCTION
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7.2 COOLED INFRARED IMAGINGLIMITED APPLICATIONS DUE TO HIGH COST AND LONG STARTUP TIME
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7.3 UNCOOLED INFRARED IMAGINGINCREASED USE IN HIGH-VOLUME APPLICATIONS OWING TO LOW COST AND EASY INSTALLATION
- 8.1 INTRODUCTION
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8.2 NEAR INFRARED (NIR)HIGH ADOPTION OF NIR CCTV CAMERAS FOR SECURITY & SURVEILLANCE TO DRIVE MARKET
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8.3 SHORT-WAVE INFRARED (SWIR)INCREASED USE OF SWIR IMAGING TECHNOLOGY IN NON-DESTRUCTIVE TESTING TO DRIVE MARKET
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8.4 MID-WAVE INFRARED (MWIR)RAPID TECHNOLOGICAL ADVANCEMENTS IN MWIR TO BOOST SEGMENTAL GROWTH
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8.5 LONG-WAVE INFRARED (LWIR)SIGNIFICANT USE OF LWIR CAMERAS IN WEARABLES, DRONES, AND HANDHELD DEVICES TO FUEL SEGMENTAL GROWTH
- 9.1 INTRODUCTION
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9.2 SECURITY & SURVEILLANCESURGING DEMAND FOR INFRARED IMAGING CAMERAS DUE TO INCREASED TERRORISM TO DRIVE MARKET
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9.3 MONITORING & INSPECTIONCONDITION MONITORING- Increased use of IR cameras to detect faults in electrical and mechanical equipment to drive segmental growthSTRUCTURAL HEALTH MONITORING- High adoption of early warning systems to monitor potentially risky structures to drive marketQUALITY CONTROL- Significant demand for high-quality and high-performance products to promote use of infrared imaging cameras
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9.4 DETECTIONGAS DETECTION- Use of infrared imaging cameras to monitor gas leaks and emissions in real time to fuel market growthFIRE/FLARE DETECTION- Rising adoption of infrared imaging cameras to detect smoke and temperature differences during firefighting to drive marketBODY TEMPERATURE MEASUREMENT- Growing use of IR-enabled body temperature detectors owing to increased international travel and migration to boost segmental growth
- 10.1 INTRODUCTION
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10.2 INDUSTRIALAUTOMOTIVE- Integration of infrared imaging technology into ADAS to drive marketAEROSPACE- Utilization of advanced vision systems in aerospace industry to boost demand for IR imaging technologyELECTRONICS & SEMICONDUCTOR- Growing use of SWIR cameras to inspect semiconductor materials to fuel market growthOIL & GAS- Growing focus of oil & gas companies on predictive maintenance to boost demand for IR imaging productsFOOD & BEVERAGES- Increasing adoption of hyperspectral imaging to identify potential food safety risks to boost demand for IR productsGLASS- High adoption of SWIR cameras by glass manufacturers to minimize scrap to drive marketOTHERS
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10.3 NON-INDUSTRIALMILITARY & DEFENSE- Rising demand for vision enhancement technology in battlefield environments to contribute to market growthCIVIL INFRASTRUCTURE- Deployment of infrared imaging cameras in residential and commercial buildings and transportation infrastructure to drive marketMEDICAL- Adoption of infrared imaging cameras in newer medical applications to fuel market growthSCIENTIFIC RESEARCH- Emerging applications of spectroscopy in scientific research to support market growth
- 11.1 INTRODUCTION
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11.2 NORTH AMERICAUS- Increased utilization of infrared imaging in civil infrastructure projects to fuel market growthCANADA- Increasing use of infrared imaging cameras in security & surveillance to support market growthMEXICO- Enhanced focus on adopting security measures to boost demand for infrared imaging technologyNORTH AMERICA: RECESSION IMPACT
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11.3 EUROPEGERMANY- Booming automotive sector to accelerate infrared imaging technology demandUK- Medical and pharmaceutical companies to contribute most to market growthFRANCE- Technology advancements in automotive sector to propel market growthREST OF EUROPEEUROPE: RECESSION IMPACT
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11.4 ASIA PACIFICCHINA- Rising demand for security and surveillance solutions for border control to drive marketJAPAN- High reliance of consumer electronics, automotive, and healthcare sectors on infrared imaging technology to accelerate market growthINDIA- Increasing use of IR imaging technology in predictive maintenance and quality control applications to support market growthREST OF ASIA PACIFICASIA PACIFIC: RECESSION IMPACT
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11.5 REST OF THE WORLDSOUTH AMERICA- High demand from medical and sports industries to support market growthMIDDLE EAST & AFRICA- Thriving oil & gas industry to contribute to market growthREST OF THE WORLD: RECESSION IMPACT
- 12.1 OVERVIEW
- 12.2 STRATEGIES ADOPTED BY KEY PLAYERS IN INFRARED IMAGING MARKET
- 12.3 MARKET SHARE ANALYSIS, 2022
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12.4 REVENUE ANALYSIS OF KEY PLAYERS IN INFRARED IMAGING MARKETKEY PLAYERS IN INFRARED IMAGING MARKET, 2022
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12.5 COMPANY EVALUATION MATRIX, 2022STARSPERVASIVE PLAYERSEMERGING LEADERSPARTICIPANTS
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12.6 COMPETITIVE BENCHMARKINGCOMPANY FOOTPRINT, BY VERTICALCOMPANY FOOTPRINT, BY REGIONOVERALL COMPANY FOOTPRINT
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12.7 STARTUPS/SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION MATRIX, 2022PROGRESSIVE COMPANIESRESPONSIVE COMPANIESDYNAMIC COMPANIESSTARTING BLOCKSCOMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
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12.8 COMPETITIVE SCENARIOS AND TRENDSDEALS
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13.1 KEY PLAYERSTELEDYNE FLIR LLC- Business overview- Products/Services/Solutions offered- Recent developments- MnM viewFLUKE CORPORATION- Business overview- Products/Services/Solutions offered- Recent developments- MnM viewRAYTHEON TECHNOLOGIES CORPORATION- Business overview- Products/Services/Solutions offered- Recent developments- MnM viewLEONARDO DRS- Business overview- Products/Services/Solutions offered- Recent developments- MnM viewAXIS COMMUNICATIONS AB- Business overview- Products/Services/Solutions offered- Recent developments- MnM viewXENICS NV.- Business overview- Products/Services/Solutions offered- Recent developmentsOPGAL OPTRONIC INDUSTRIES LTD.- Business overview- Products/Services/Solutions offered- Recent developmentsNEW IMAGING TECHNOLOGIES- Business overview- Products/Services/Solutions offered- Recent developmentsALLIED VISION TECHNOLOGIES GMBH- Business overview- Products/Services/Solutions offered- Recent developmentsL3HARRIS TECHNOLOGIES, INC.- Business overview- Products/Services/Solutions offered
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13.2 OTHER KEY PLAYERSLYNREDINTEVAC, INC.ZHEJIANG DALI TECHNOLOGY CO., LTD.C-THERMALIRCAMERAS LLCHGHRAPTOR PHOTONICSEPISENSORSINFRATEC GMBHPRINCETON INFRARED TECHNOLOGIES, INC.SIERRA-OLYMPIA TECH.COX CO., LTD.TONBO IMAGINGOPTOTHERM, INC.SEEK THERMALINFRARED CAMERAS, INC.
- 14.1 DISCUSSION GUIDE
- 14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
- 14.3 CUSTOMIZATION OPTIONS
- 14.4 RELATED REPORTS
- 14.5 AUTHOR DETAILS
- TABLE 1 RESEARCH ASSUMPTIONS
- TABLE 2 AVERAGE SELLING PRICE OF INFRARED CAMERAS OFFRED BY TOP COMPANIES (USD)
- TABLE 3 IMPACT OF FORCES ON INFRARED IMAGING MARKET
- TABLE 4 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS (%)
- TABLE 5 KEY BUYING CRITERIA FOR APPLICATIONS
- TABLE 6 IMPORT DATA OF PRODUCTS COVERED UNDER HS CODE 847190, BY COUNTRY, 2018–2022 (USD MILLION)
- TABLE 7 EXPORT DATA OF PRODUCTS COVERED UNDER HS CODE 902750, BY COUNTRY, 2018–2022 (USD MILLION)
- TABLE 8 PATENTS PERTAINING TO INFRARED IMAGING MARKET, 2020–2022
- TABLE 9 INFRARED IMAGING MARKET: LIST OF CONFERENCES AND EVENTS
- TABLE 10 MFN TARIFF FOR HS CODE 902750-COMPLIANT PRODUCTS EXPORTED BY US
- TABLE 11 MFN TARIFF FOR HS CODE 902750-COMPLIANT PRODUCTS EXPORTED BY CHINA
- TABLE 12 MFN TARIFF FOR HS CODE 902750-COMPLIANT PRODUCTS EXPORTED BY INDIA
- TABLE 13 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 14 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 15 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 16 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
- TABLE 17 INFRARED IMAGING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 18 INFRARED IMAGING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
- TABLE 19 COOLED INFRARED IMAGING: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 20 COOLED INFRARED IMAGING: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 21 UNCOOLED INFRARED IMAGING: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 22 UNCOOLED INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 23 INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 24 INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 25 NEAR INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 26 NEAR INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 27 NEAR INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
- TABLE 28 NEAR INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
- TABLE 29 SHORT-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 30 SHORT-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 31 SHORT-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
- TABLE 32 SHORT-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
- TABLE 33 MID-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 34 MID-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 35 MID-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
- TABLE 36 MID-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
- TABLE 37 LONG-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 38 LONG-WAVE INFRARED: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 39 LONG-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
- TABLE 40 LONG-WAVE INFRARED: INFRARED IMAGING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
- TABLE 41 INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 42 INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 43 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 44 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
- TABLE 45 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 46 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 47 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 48 SECURITY & SURVEILLANCE: INFRARED IMAGING MARKET, BY REGION, 2023–2028 (USD MILLION)
- TABLE 49 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 50 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
- TABLE 51 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 52 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 53 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 54 MONITORING & INSPECTION: INFRARED IMAGING MARKET, BY REGION, 2023–2028 (USD MILLION)
- TABLE 55 DETECTION: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
- TABLE 56 DETECTION: INFRARED IMAGING MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
- TABLE 57 DETECTION: INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 58 DETECTION: INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 59 DETECTION: INFRARED IMAGING MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 60 DETECTION: INFRARED IMAGING MARKET, BY REGION, 2023–2028 (USD MILLION)
- TABLE 61 INFRARED IMAGING MARKET, BY VERTICAL, 2019–2022 (USD MILLION)
- TABLE 62 INFRARED IMAGING MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
- TABLE 63 INDUSTRIAL: INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 64 INDUSTRIAL: INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 65 NON-INDUSTRIAL: INFRARED IMAGING MARKET, BY WAVELENGTH, 2019–2022 (USD MILLION)
- TABLE 66 NON-INDUSTRIAL: INFRARED IMAGING MARKET, BY WAVELENGTH, 2023–2028 (USD MILLION)
- TABLE 67 INFRARED IMAGING MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 68 INFRARED IMAGING MARKET, BY REGION, 2023–2028 (USD MILLION)
- TABLE 69 NORTH AMERICA: INFRARED IMAGING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 70 NORTH AMERICA: INFRARED IMAGING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
- TABLE 71 NORTH AMERICA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 72 NORTH AMERICA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 73 US: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 74 US: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 75 CANADA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 76 CANADA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 77 MEXICO: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 78 MEXICO: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 79 EUROPE: INFRARED IMAGING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 80 EUROPE: INFRARED IMAGING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
- TABLE 81 EUROPE: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 82 EUROPE: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 83 GERMANY: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 84 GERMANY: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 85 UK: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 86 UK: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 87 FRANCE: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 88 FRANCE: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 89 REST OF EUROPE: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 90 REST OF EUROPE: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 91 ASIA PACIFIC: INFRARED IMAGING MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
- TABLE 92 ASIA PACIFIC: INFRARED IMAGING MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
- TABLE 93 ASIA PACIFIC: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 94 ASIA PACIFIC: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 95 CHINA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 96 CHINA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 97 JAPAN: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 98 JAPAN: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 99 INDIA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 100 INDIA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 101 REST OF ASIA PACIFIC: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 102 REST OF ASIA PACIFIC: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 103 ROW: INFRARED IMAGING MARKET, BY REGION, 2019–2022 (USD MILLION)
- TABLE 104 ROW: INFRARED IMAGING MARKET, BY REGION, 2023–2028 (USD MILLION)
- TABLE 105 ROW: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 106 ROW: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 107 SOUTH AMERICA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 108 SOUTH AMERICA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 109 MIDDLE EAST & AFRICA: INFRARED IMAGING MARKET, BY APPLICATION, 2019–2022 (USD MILLION)
- TABLE 110 MIDDLE EAST & AFRICA: INFRARED IMAGING MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
- TABLE 111 OVERVIEW OF STRATEGIES FOLLOWED BY KEY PLAYERS IN INFRARED IMAGING MARKET
- TABLE 112 INFRARED IMAGING MARKET: MARKET SHARE ANALYSIS (2022)
- TABLE 113 INFRARED IMAGING MARKET: DETAILED LIST OF KEY STARTUPS/SMES
- TABLE 114 INFRARED IMAGING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (VERTICAL FOOTPRINT)
- TABLE 115 INFRARED IMAGING MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES (REGION FOOTPRINT)
- TABLE 116 INFRARED IMAGING MARKET: DEALS, 2021–2023
- TABLE 117 INFRARED IMAGING MARKET: PRODUCT LAUNCHES, 2021–2023
- TABLE 118 TELEDYNE FLIR LLC: COMPANY OVERVIEW
- TABLE 119 FLUKE CORPORATION: COMPANY OVERVIEW
- TABLE 120 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY OVERVIEW
- TABLE 121 LEONARDO DRS: COMPANY OVERVIEW
- TABLE 122 AXIS COMMUNICATIONS AB: COMPANY OVERVIEW
- TABLE 123 XENICS NV.: COMPANY OVERVIEW
- TABLE 124 OPGAL OPTRONIC INDUSTRIES LTD.: COMPANY OVERVIEW
- TABLE 125 NEW IMAGING TECHNOLOGIES: COMPANY OVERVIEW
- TABLE 126 ALLIED VISION TECHNOLOGIES: COMPANY OVERVIEW
- TABLE 127 L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
- FIGURE 1 INFRARED IMAGING MARKET SEGMENTATION
- FIGURE 2 INFRARED IMAGING MARKET: RESEARCH DESIGN
- FIGURE 3 PROCESS FLOW OF MARKET SIZE ESTIMATION
- FIGURE 4 INFRARED IMAGING MARKET: BOTTOM-UP APPROACH
- FIGURE 5 INFRARED IMAGING MARKET: TOP-DOWN APPROACH
- FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH (SUPPLY SIDE)— REVENUE GENERATED FROM SALE OF INFRARED IMAGING PRODUCTS
- FIGURE 7 DATA TRIANGULATION
- FIGURE 8 UNCOOLED INFRARED IMAGING SEGMENT TO HOLD MAJORITY OF MARKET SHARE IN 2023 AND 2028
- FIGURE 9 LONG-WAVE INFRARED SEGMENT TO HOLD LARGEST MARKET SHARE IN 2023
- FIGURE 10 SECURITY & SURVEILLANCE SEGMENT TO COMMAND INFRARED IMAGING MARKET IN 2023
- FIGURE 11 NON-INDUSTRIAL SEGMENT TO HOLD LARGER SHARE OF INFRARED IMAGING MARKET IN 2028
- FIGURE 12 ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR INFRARED IMAGING DURING FORECAST PERIOD
- FIGURE 13 INCREASING ADOPTION OF INFRARED IMAGING TECHNOLOGY IN ASIA PACIFIC TO DRIVE MARKET GROWTH
- FIGURE 14 MONITORING & INSPECTION TO REGISTER HIGHEST CAGR IN INFRARED IMAGING MARKET, BY APPLICATION, DURING FORECAST PERIOD
- FIGURE 15 NEAR INFRARED SEGMENT DOMINATED INFRARED IMAGING MARKET IN 2022
- FIGURE 16 US AND SECURITY & SURVEILLANCE APPLICATIONS TO HOLD LARGEST SHARE OF NORTH AMERICAN MARKET IN 2028
- FIGURE 17 NON-INDUSTRIAL SEGMENT TO RECORD HIGHER CAGR FROM 2023 TO 2028
- FIGURE 18 CHINA TO REGISTER HIGHEST CAGR IN INFRARED IMAGING MARKET DURING FORECAST PERIOD
- FIGURE 19 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: INFRARED IMAGING MARKET
- FIGURE 20 ANALYSIS OF IMPACT OF DRIVERS ON INFRARED IMAGING MARKET
- FIGURE 21 MILITARY EXPENDITURE IN US, 2021 VS. 2022 (USD BILLION)
- FIGURE 22 ANALYSIS OF IMPACT OF RESTRAINTS ON INFRARED IMAGING MARKET
- FIGURE 23 ANALYSIS OF IMPACT OF OPPORTUNITIES ON INFRARED IMAGING MARKET
- FIGURE 24 ANALYSIS OF IMPACT OF CHALLENGES ON INFRARED IMAGING MARKET
- FIGURE 25 VALUE CHAIN ANALYSIS: INFRARED IMAGING MARKET
- FIGURE 26 INFRARED IMAGING ECOSYSTEM
- FIGURE 27 REVENUE SHIFT IN INFRARED IMAGING MARKET
- FIGURE 28 AVERAGE SELLING PRICE OF LWIR CAMERA, BY KEY PLAYER
- FIGURE 29 PORTER’S FIVE FORCES ANALYSIS
- FIGURE 30 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
- FIGURE 31 KEY BUYING CRITERIA FOR APPLICATIONS
- FIGURE 32 INFRARED IMAGING MARKET, BY TECHNOLOGY
- FIGURE 33 UNCOOLED INFRARED IMAGING TECHNOLOGY TO DOMINATE MARKET THROUGHOUT FORECAST PERIOD
- FIGURE 34 INFRARED IMAGING MARKET, BY WAVELENGTH
- FIGURE 35 SHORT-WAVE INFRARED SEGMENT TO WITNESS HIGHEST CAGR IN INFRARED IMAGING MARKET DURING FORECAST PERIOD
- FIGURE 36 SECURITY & SURVEILLANCE APPLICATIONS TO ACCOUNT FOR LARGEST SHARE OF MID-WAVE INFRARED IMAGING MARKET IN 2028
- FIGURE 37 INFRARED IMAGING MARKET, BY APPLICATION
- FIGURE 38 MONITORING & INSPECTION SEGMENT TO WITNESS HIGHEST CAGR IN INFRARED IMAGING MARKET, BY APPLICATION, DURING FORECAST PERIOD
- FIGURE 39 INFRARED IMAGING MARKET, BY VERTICAL
- FIGURE 40 NON-INDUSTRIAL SEGMENT TO COMMAND INFRARED IMAGING MARKET DURING FORECAST PERIOD
- FIGURE 41 ASIA PACIFIC TO WITNESS HIGHEST CAGR IN INFRARED IMAGING MARKET DURING FORECAST PERIOD
- FIGURE 42 NORTH AMERICA: INFRARED IMAGING MARKET SNAPSHOT
- FIGURE 43 EUROPE: INFRARED IMAGING MARKET SNAPSHOT
- FIGURE 44 ASIA PACIFIC: INFRARED IMAGING MARKET SNAPSHOT
- FIGURE 45 FIVE-YEAR REVENUE ANALYSIS OF KEY PLAYERS IN INFRARED IMAGING MARKET
- FIGURE 46 INFRARED IMAGING MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022
- FIGURE 47 INFRARED IMAGING MARKET (GLOBAL): STARTUPS/SMES EVALUATION MATRIX, 2022
- FIGURE 48 TELEDYNE FLIR LLC: COMPANY SNAPSHOT
- FIGURE 49 FLUKE CORPORATION: COMPANY SNAPSHOT
- FIGURE 50 RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
- FIGURE 51 AXIS COMMUNICATIONS AB: COMPANY SNAPSHOT
- FIGURE 52 L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
The research study involved 4 major activities in estimating the size of the infrared imaging market. Exhaustive secondary research has been done to collect important information about the market and peer markets. The validation of these findings, assumptions, and sizing with the help of primary research with industry experts across the value chain has been the next step. Both top-down and bottom-up approaches have been used to estimate the market size. Post which the market breakdown and data triangulation have been adopted to estimate the market sizes of segments and sub-segments.
Secondary Research
In the secondary research process, various secondary sources were referred to for identifying and collecting information required for this study. The secondary sources include annual reports, press releases, and investor presentations of companies, white papers, and articles from recognized authors. Secondary research was mainly done to obtain key information about the market’s value chain, the pool of key market players, market segmentation according to industry trends, and regional outlook and developments from both market and technology perspectives.
Primary Research
In the primary research, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative insights required for this report. Primary sources from the supply side include experts such as CEOs, vice presidents, marketing directors, equipment manufacturers, technology and innovation directors, end users, and related executives from multiple key companies and organizations operating in the infrared imaging market ecosystem.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, both top-down and bottom-up approaches were used along with several data triangulation methods to estimate and forecast the overall market segments and subsegments listed in this report.
Estimating market size by bottom-up Approach (demand side)
The bottom-up approach has been used to arrive at the overall size of the infrared imaging market from the revenues of key players and their shares in the market. Key players have been identified on the basis of several parameters, such as product portfolio analysis, revenue, R&D expenditure, geographic presence, and recent activities. The overall market size has been calculated based on the revenues of the key players identified in the market.
Market Size Estimation Methodology-Bottom-up Approach
Data Triangulation
After arriving at the overall market size through the process explained earlier, the total market has been split into several segments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both the top-down and bottom-up approaches.
Market Definition
The infrared spectrum typically ranges from wavelengths of 0.7 μm to 1 mm. Imaging in this range requires infrared imaging cameras that can convert the radiation of objects in the infrared range to a measurable form. The capability of an infrared imaging camera depends on the type of components used. Lens and detector are the two most important components of an infrared imaging camera and account for a significant percentage of its total value. Indium gallium arsenide (InGaAs), microbolometer, and mercury cadmium telluride (HgCdTe) are some of the types of infrared detectors available in the infrared imaging market.
Key Stakeholders
- Infrared imaging product manufacturers
- Infrared imaging product traders/suppliers
- Raw material suppliers and distributors
- Research organizations and consulting companies
- Associations, organizations, forums, and alliances related to infrared technology
- Government bodies such as regulatory authorities and policy-makers
- Venture capitalists, private equity firms, and start-up companies
The main objectives of this study are as follows:
- To define, describe, and forecast the infrared imaging market, in terms of value, by of technology, wavelength, application, vertical, and region
- To provide the market size estimation for North America, Europe, Asia Pacific, and Rest of the World (RoW), along with their respective country-level market sizes, in terms of value
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges that influence market growth
- To provide a detailed overview of the infrared imaging value chain
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the total market
- To analyze key trends related to components, connectivity technologies, and applications that shape and influence the global infrared imaging market
- To profile key players and comprehensively analyze their ranking based on their revenues and core competencies
- To analyze opportunities in the market for stakeholders and provide a detailed competitive landscape of the market
- To analyze competitive developments in the infrared imaging market, such as expansions, agreements, partnerships, contracts, product developments, and research and development (R&D) activities
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
Country-wise Information:
- Analysis for additional countries (up to five)
Company Information:
- Detailed analysis and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Infrared Imaging Market
Thermal hyperspectral imagers provide information that conventional spectral imagers cannot. A broader range of materials can be detected, mapped, and sorted by thermal hyperspectral imagers. We are planning to expand our offerings in this area so wanted to know if insights on thermal hyperspectral imaging present in the report.
I can see that the SWIR technology is witnessing significant growth in the infrared imaging market. We are planning include SWIR technology based products in our product portfolio, so would like to have an estimate of the SWIR market in China, and South Korea.
We are into the business of providing infrared cameras, and want to explore the market for infrared sensors. We are particularly interested in volume data of IR sensors, is it covered in the study?
LWIR and MWIR are the prominent technologies in the infrared market, while NIR and SWIR are the emerging ones. Can you tell me if the report analyzes the market between NIR, LWIR, MWIR, and SWIR technologies?
My company is engaged in providing hardware and software solutions for infrared camera. Our solutions are aimed at automated process monitoring application. Is the information on this application available in the report?