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IR Camera Market Worth $5.10 Billion By 2020: Grand View Research, Inc.SAN FRANCISCO, January 28, 2015 /PRNewswire/ -- New Market Research Reports Title Global IR Camera Market Analysis, Size And Segment Forecasts To 2020 has Been Added to GrandViewReseach.com Report Database The global IR camera market is expected to reach USD 5.10 billion by 2020, according to a new study by Grand View Research, Inc. 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. (Logo: http://photos.prnewswire.com/prnh/20150105/723757 ) For more information, tables and figures, visit - http://www.grandviewresearch.com/industry-analysis/ir-infrared-camera-market 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. Further key findings from the study suggest:
For the purpose of this study, Grand View Research has segmented the global IR camera market on the basis of material, application and region: IR Camera Material Outlook (Revenue, USD Million, 2012 - 2020) About Grand View Research Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415-349-0058 Web: Grand View Research Blog: http://www.mediafound.org/ SOURCE Grand View Research, Inc. |