[August 10, 2016]

Global Market for Infrared Imaging Worth USD 11.36 Billion by 2022 - Surge in Demand in Nearly All Commercial Applications - Research and Markets

Research and Markets has announced the addition of the "Infrared Imaging Market by Component, Technology, Type, Wavelength, Application, & Geography - Analysis and Forecast to 2022" report to their offering.

The global market for infrared imaging is expected to grow at a CAGR of 8.32% between 2016 and 2022 from USD 6.43 billion in 2015 to USD 11.36 billion by 2022. Surge in demand for infrared imaging in nearly all commercial applications, advantages of LWIR cameras with uncooled technology, and the decreasing cost of IR detectors are some of the major factors driving the growth of the infrared imaging market worldwide.

An uncooled technology-based IR camera is less expensive compared to the cooled technology-based IR camera. Uncooled infrared image sensors are smaller and built with fewer moving parts. Not only does this make them less expensive than cooled cameras but they also have a much longer operating duration. These detectors are widely used in surveillance, aerospace & defense, homeland security, and military applications. This facor is expected to drive the growth of the market for uncooled technology-based IR imaging products during the forecast period.

North America is expected to hold the largest share of the IR infrared imaging market, while the APAC market is estimated to grow at the highest growth rate. Continuous technological advancements in infrared technologies in countries such as the U.S., Canada, and Mexico is expected to drive the North American IR infrared imaging market, while shifting focus of many leading companies in IR imaging infrared imaging toward most of the APAC countries and foray into growing end-user market is expected to lead the APAC region.

Companies Mentioned:

• Axis Communications (News - Alert) AB
• Bosch Security Systems, Inc.
• DRS Technologies, Inc.
• Flir Systems, Inc.
• Fluke Corporation
• General Dynamics Mission Systems, Inc.
• L-3 Communications Holdings (News - Alert), Inc.
• Opgal Optronics Industries Ltd.
• Sofradir Group
• Zhejiang Dali Technology Co., Ltd.
  

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Infrared Imaging Market, By Component

8 Infrared Imaging Market, By Technology

9 Infrared Imaging Market, By Type

10 Infrared Imaging Market, By Wavelength

11 Infrared Imaging Market, By Application

12 Infrared Imaging Market, Geographic Analysis

13 Competitive Landscape

14 Company Profiles

For more information visit http://www.researchandmarkets.com/research/vtprxj/infrared_imaging

View source version on businesswire.com: http://www.businesswire.com/news/home/20160810005596/en/

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