Infrared Imaging Market On $7.30 Billion Cruise

MarketsandMarkets’ research report titled "Infrared Imaging Market by Technology (Cooled Infrared Imaging and Uncooled Infrared Imaging), Wavelength (Near Infrared, Shortwave Infrared, Mid-wave Infrared, and Long-wave Infrared), Application, Vertical, and Geography - Global Forecast to 2023", indicates that the IR imaging market is expected to grow from $5.16 Billion in 2018 to $7.30 Billion by 2023, at a CAGR of 7.18% between 2018 and 2023. Growth can be attributed to the demand for infrared imaging products from the military and defense sector, primarily for security and surveillance applications.

 

Report Findings

SENSORS MIDWEST

Sensors Midwest Hits Rosemont, IL October 16-17!

Sensors Midwest, the industry's largest event focusing on sensors, design, and IIoT in the Midwest region, is scheduled for October 16-17 at the Donald E. Stephens Convention Center in Rosemont, IL. Co-located with STMA, the event draws over 1,000 engineers and engineering professionals that are looking for access to the latest sensor advancements and will provide an opportunity to connect with the area's greatest technology leaders and suppliers.
  • Uncooled infrared imaging segment held larger share of infrared imaging market in 2017
  • Security and surveillance application to dominate infrared imaging market during forecast period
  • Market for nonindustrial vertical to grow at higher CAGR during forecast period
  • North America held largest share of infrared imaging market in 2017
  • Some of the players operating in the infrared imaging market include FLIR Systems (US), Fluke (US), Sensors Unlimited (US), Leonardo DRS (US), Princeton Infrared Technologies (US), L3 Technologies (US), Axis Communications (Sweden), Xenics (Belgium), Opgal Optronic Industries (Israel), New Imaging Technologies (France), Sofradir (France), C-Thermal (Austria), Tonbo Imaging (India), Raptor Photonics (UK), and Episensors (US). 

More information is available about the IR imaging market. You can also browse select portions of the report.

 

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