Infrared Imaging Market 2024 | Growth, Demand and Forecast Till 2032

Posted by Abhay Rajput
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Aug 27, 2024
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IMARC Group's report titled "Infrared Imaging Market Report by Technology (Cooled Infrared Imaging, Uncooled Infrared Imaging), Component (IR Detectors, IR Lens Systems, IR Sensors, and Others), Wavelength (Near Infrared (NIR), Shortwave Infrared (SWIR), Mid-Wave Infrared (MWIR), Long-Wave Infrared (LWIR), and Others), Application (Security and Surveillance, Monitoring and Inspection, Detection), Vertical (Industrial, Non-Industrial), and Region 2024-2032", The global infrared imaging market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.9 Billion by 2032, exhibiting a growth rate (CAGR) of 6% during 2024-2032.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/infrared-imaging-market/requestsample

Factors Affecting the Growth of the Infrared Imaging Industry:

  • Increased Demand for Surveillance and Security:

Infrared imaging allows for effective monitoring in low-light and nighttime conditions, which is crucial for security and surveillance. This capability is increasingly valued in various sectors, including public safety, critical infrastructure, and residential security. Infrared cameras are being integrated into advanced surveillance systems, such as those used in smart cities and critical infrastructure monitoring. These systems benefit from infrared imaging's ability to detect heat signatures and identify potential threats that are not visible with conventional cameras.

  • Healthcare Applications:

Infrared imaging is used in medical diagnostics for detecting variations in body temperature. This is particularly useful in identifying areas of inflammation, infection, or abnormal tissue growth. The ability to visualize temperature variations non-invasively enhances diagnostic accuracy and patient care. Infrared imaging can help in the early detection of conditions such as breast cancer, where abnormal heat patterns may indicate the presence of tumors. Early detection can significantly improve treatment outcomes and patient prognosis.

  • Technological Advancements:

Innovations in infrared sensor technology are leading to higher sensitivity and resolution. Modern sensors can detect finer temperature differences and provide clearer, more detailed thermal images. This enhances the accuracy and effectiveness of infrared imaging applications across various industries. Technological progress is making infrared cameras more compact and portable. Smaller, lightweight devices are now available, making infrared imaging more accessible and versatile for use in field operations, medical diagnostics, and consumer applications.

Leading Companies Operating in the Global Infrared Imaging Industry:

  • Axis Communications
  • Cox Communications
  • Episensors Inc.
  • FLIR Systems
  • Fluke Corporation
  • L3 Technologies
  • Leonardo DRS
  • OPGAL Optronics Industries Ltd.
  • Princeton Infrared Technologies Inc.
  • Raptor Photonics Ltd.
  • Sensors Unlimited Inc.
  • Sofradir, Tonbo Imaging Pvt. Ltd.
  • XenICs
  • Zhejiang Dali Technology Co. Ltd. 

Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=2022&flag=C

Infrared Imaging Market Report Segmentation:

By Technology:

  • Cooled Infrared Imaging
  • Uncooled Infrared Imaging

Uncooled infrared imaging represents the largest segment due to its lower cost, ease of integration, and suitability for a wide range of applications compared to cooled infrared imaging.

By Component:

  • IR Detectors
  • IR Lens Systems
  • IR Sensors
  • Others

Based on the component, the market has been divided into IR detectors, IR lens systems, IR sensors, and others.

By Wavelength:

  • Near Infrared (NIR)
  • Shortwave Infrared (SWIR)
  • Mid-Wave Infrared (MWIR)
  • Long-Wave Infrared (LWIR)
  • Others

Shortwave infrared (SWIR) accounts for the majority of the market share. SWIR imaging provides superior image quality and the ability to penetrate fog, smoke, and dust, making it highly valuable in diverse applications from security to industrial inspection.

By Application:

  • Security and Surveillance
  • Monitoring and Inspection
    • Condition Monitoring
    • Structural Health Monitoring
    • Quality Control
  • Detection
    • Gas Detection
    • Fire/Flare Detection
  • Body Temperature Measurement

Security and surveillance exhibits a clear dominance in the market. The growing need for enhanced security measures and surveillance capabilities drives significant demand for infrared imaging systems in monitoring and protecting public and private assets.

By Vertical:

  • Industrial
    • Automotive
    • Aerospace
    • Electronics & Semiconductor
    • Oil & Gas
    • Military and Defense
    • Others
  • Non-Industrial

Non-industrial holds the biggest market share owing to the broader range of use cases and higher adoption rates compared to industrial sectors.

Regional Insights:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America enjoys the leading position in the infrared imaging market on account of its advanced technological infrastructure, high adoption rates in defense, security, and healthcare sectors, and significant investments in research and development (R&D) activities.     

Global Infrared Imaging Market Trends:

Continuous improvements in sensor technology, including higher resolution and sensitivity, are expanding the capabilities of infrared imaging systems and driving their use in a broader range of applications. Infrared imaging is becoming more prevalent in consumer electronics, such as smartphones and smart home devices, due to its capabilities in enhancing user experience and adding functionalities like facial recognition and temperature measurement. The increasing need for enhanced security and surveillance solutions is driving the demand for infrared imaging systems, which provide superior performance in low-light and challenging environmental conditions. The development of compact and portable infrared imaging devices, including wearables and handheld units, is making this technology more accessible and versatile for field applications and personal use.

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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