Global IR Camera Market to reach USD 8.91 billion by 2027. Global Marketis valued approximately USD 5.10 billion in 2020 and is anticipated to grow with a IR Camera healthy growth rate of more than 8.3 % over the forecast period 2021-2027. An IR camera is a camera that creates images using infrared radiation, also known as thermographic camera or thermal imaging camera. Increasing adoption of infrared imaging devices in surveillance and security application. Also enhances the growth of IR cameras For Instance: In October 2020, FLIR Systems (US) launch four new products i.e E76 E54 E96, and E86 thus expanded its Exx-Series of thermal imaging IR cameras. These advanced cameras are basically designed to detect the early signs of troubleshoot electrical, building issues, identify hot spots, and mechanical systems, and prevent from problems before they can cause damage that may leads to expensive repairs and cause severe hazards. Increasing demand of infrared cameras in quality control application fuels the growth of IR Camera market. However, Strict export and import protocols impedes the growth of the market over the forecast period of 2021-2027. Also, increasing penetration of infrared cameras in electronics industry is likely to increase the market growth during the forecast period.

The regional analysis of global Infrared Camera is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to rising demand of high-definition camera for surveillance and security application.Whereas, North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as increasing penetration of infrared cameras in consumer electronic industry and security applicationswould create lucrative growth prospects for the Infrared Camera across North America region.

Major market player included in this report are:

FLIR SYSTEMS
FLUKE
SENSORS UNLIMITED
LEONARDO DRS
LEONARDO DRS:
COMPANY SNAPSHOT
AXIS COMMUNICATIONS

XENICS
OPGAL OPTRONIC INDUSTRIES
NEW IMAGING TECHNOLOGIES
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Technology:
Cooled Infrared Imaging
Uncooled Infrared Imaging
ByWavelength:
Near Infrared
Shortwave Infrared
Mid-wave Infrared
Long-wave Infrared
ByApplication:
Security & Surveillance
Monitoring & Inspection
Detection
By Vertical:
Industrial
Nonindustrial
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global IR Camera Market n Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors