Infrared Imaging Market Overview, Industry Top Manufacturers, Market Size, Opportunities and Forecast by 2025

 According to the latest report by IMARC Group, the global infrared imaging market expected to reach a value of US$ 7.9 Billion by 2025, registering a CAGR of 6.2% during 2020-2025.

Infrared imaging refers to a technology for capturing infrared energy emitted by various objects and converting them into visible images. This imaging technique, also known as thermography, is used to measure temperature differences in small and moving objects while producing clear thermal images in low-light situations. As a result, infrared imaging is widely adopted across diverse sectors including, automotive, aerospace, electronics, military and defense, and oil and gas.

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Market Trends                  

The increasing adoption of infrared imaging technology in the defense and military sector for security and surveillance purposes is primarily augmenting the market growth. Furthermore, the rising deployment of IR technology in the oil and gas sector for leak detection and fire prevention is also propelling the market. Moreover, the growing investments in the development of autonomous vehicles are further driving the demand for IR technology. With the sudden outbreak of coronavirus infection, IR imaging is being rapidly adopted as a non-invasive solution for monitoring the body temperature over conventional thermometer that may lead to disease transmission. Apart from this, the emergence of high-speed cameras with advanced features for evaluating the severity of heat, coupled with the production of lightweight, receptive, and more convenient industrial IR imaging devices is further expected to drive the market for infrared imaging.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Infrared Imaging Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the key players being Axis AB (AXIS.ST), Cox Communications, Episensors Inc., FLIR Systems, Inc. (FLIR), Fluke Corporation, L3 Technologies Inc. (LLL), LEONARDO (LDO.MI), OPGAL Optronics Industries Ltd, Princeton Infrared Technologies, Inc. (PIRT) , Raptor Photonics Ltd., Sensors Unlimited Inc., Sofradir, Tonbo Imaging Pvt. Ltd., XenICs, Zhejiang Dali Technology Co. Ltd., etc.

The report has segmented the market on the basis of Technology, Component, Wavelength, Wavelength, and Region.

Market Breakup by Technology:

  • Cooled Infrared Imaging
  • Uncooled Infrared Imaging

Market Breakup by Component:

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

Market Breakup by Wavelength:

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

Market Breakup by Application:

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

Market Breakup by Vertical:

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

Market Breakup by Region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America

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