Infrared Imaging Market Size to Reach Value of USD 10.29 Billion by 2028

Infrared Imaging Market Size to Reach Value of USD 10.29 Billion by 2028 | Growing Demand for Near-Infrared Imaging in Healthcare Industry will be the Key Factor Driving the Industry Growth, States Emergen Research

Key players in the Infrared Imaging market include Leonardo DRS, Xenics NV, Lynred, FLIR Systems, Axis Communications, Opgal Optronics Industries Ltd., Allied Vision Technologies GmbH, Sensors Unlimited, IRCameras LLC, and Fluke.

Vancouver, British Columbia, Feb. 18, 2021 (GLOBE NEWSWIRE) — The global infrared imaging market size was USD 5,836.0 Million in 2020 and is expected to reach a market size of USD 10.29 Billion at a steady CAGR of 7.3% in 2028, according to latest analysis by Emergen Research. Increasing demand for infrared imaging can be attributed to growing demand for near-infrared imaging in the healthcare industry. Near-Infrared Spectroscopy offers a portable and affordable means for functional neuroimaging similar to Electroencephalography (EEG), without the need to severely restrict subject motion. Near-infrared spectroscopy is used for detection of vulnerable coronary plaques by identifying the chemical composition of substances on the basis of differential light absorption by different molecules in near-infrared spectrum. In addition, a significant benefit of near-infrared light is in tissue penetration to detect a tissue even with blood present between the target and detector.

Claim Your FREE Sample Copy with Table of content@

Key Highlights of Report

  • In January 2021, FLIR Systems entered into an agreement with Teledyne Technologies to sell its assets for a value of USD 8.00 billion.
  • Uncooled infrared cameras are more cost-effective as compared to cooled infrared cameras. Uncooled infrared camera sensors deliver higher yields than cooled infrared camera sensors, and uncooled infrared cameras do not need costly cryocoolers to lower the sensor temperature.
  • Long wavelength infrared cameras are primarily used in applications requiring detection of temperatures. Long wavelength infrared cameras have ability to detect distinct differences in temperature, which is essential for the visualization of poor insulation and damaged electronics for home inspection.
  • Indium gallium arsenide cameras, functioning in short wavelength infrared spectrum, enable users to see through silicon substrates, which are transparent in infrared light. Infrared cameras’ ability to see through semiconductor materials provides significant advantages to the manufacturing process as infrared images detect defects, including cracks in silicon wafers.
  • Infrared imaging market in North America contributed largest revenue share to the global infrared imaging market in 2020, owing to high demand for infrared imaging products for security and surveillance purposes. Besides, increasing defense expenditure and robust presence of leading market players in the regions is driving market growth.

Check Our Prices@
Emergen Research has segmented the global infrared imaging market on the basis of technology, wavelength, application, industry vertical, and region:

  • Technology Outlook (Revenue, USD Billion; 2021–2028)
    • Cooled Infrared Imaging
    • Uncooled Infrared Imaging
  • Wavelength Outlook (Revenue, USD Billion; 2021–2028)
    • Near Infrared
    • Short Wave Infrared
    • Mid-wave Infrared
    • Long wave Infrared
  • Application Outlook (Revenue, USD Billion; 2021–2028)
    • Security & Surveillance
    • Monitoring & Inspection
    • Detection
  • Industry Vertical Outlook (Revenue, USD Billion; 2021–2028)
    • Automotive
    • Aerospace & Defense
    • Oil & Gas
    • Electronics & Semiconductor
    • Food & Beverage
    • Others

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends:

  • Regional Outlook (Revenue, USD Billion; 2021–2028)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA

Take a Look at our Related Reports:

Topical Drug Delivery Market By Product Form (Semi-Solid, Solid Formulations, Transdermal Products, and Liquid Formulations), By Route (Dermal, Ophthalmic, Nasal, Others), By End-Use (Hospitals, Home Healthcare, Clinics, Diagnostic Centers, Burn Center), and By Regions

Medical Smart Textiles Market By Technology (Textile Sensors, Wearable Technology), By Application (Surgery, Bio-Monitoring, Therapy, and Wellness), By End-use (Hospitals and Clinics, Medical Academic and Research Center), and By Region

Operating Room Management Solutions Market By Solution Type (Data management and communication solutions, Operating room supply management solutions, Anesthesia information management solutions, Operating room scheduling solutions, Performance management solutions), By Mode of Deployment (Ob-premises, Cloud-based), By End-Use (Hospitals, Ambulatory surgical centers), and By Region

Patient Registry Software Market By Delivery, By Database, By Registry Type, By Function, By Software Type (Integrated, Standalone), By End-use (Government & Third-Party Administrators, Pharmaceutical Companies, Hospitals, Research Centers, Others), and By Region, Forecast to 2027

Ambulatory EHR Market By Deployment (Cloud-based, On-premises), By Practice Size (Solo Practices, Large Practices, Small-medium-sized Practices), By Application, By End-use (Independent Centers, Hospital-owned Ambulatory Centers, Others), and By Region, Forecasts to 2027

About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web:

Direct Line: +1 (604) 757-9756

E-mail: [email protected]

Facebook | LinkedIn | Twitter | Blogs

Read Full Press Release :

Primary Logo