Uncooled Infrared Imaging Technology Market

Uncooled Infrared Imaging Technology Market is growing at a CAGR of 11%

Uncooled infrared imaging technology market is set to witness steady growth during 2021-2031. One of the major growth drivers for the uncooled infrared imaging technology market happens to be their compact design and energy-efficient and low-maintenance operation. These systems are increasingly being implemented in military sector.

What is Driving Demand for Uncooled Infrared Imaging Technology?

The major factors driving the growth of uncooled infrared imaging technology across the globe happens to be the surging demand for infrared imaging for almost every commercial application, coupled with the decreasing prices of infrared detectors. Uncooled infrared imaging technology is commonly used to spot images and identify patterns of the thermal heat radiation that are emitted by objects.

The major components of imaging technology include the detectors, core, and the pixels of the camera. Increasing demand these uncooled infrared imaging technology systems across different commercial applications happens to be one of the major factors driving the market growth.

Automotive sector is expected to hold the largest share of the Uncooled Infrared Imaging Technology Market by vertical

Autonomous vehicles make use of sensors in aggregation with imaging technologies in order to control driving functions. The advancements in automotive sector are further anticipated to drive the growth for uncooled infrared imaging technology.

Furthermore, advancements in cost reduction and performance have the potential for opening up new markets, for both military and consumer applications. The uncooled infrared imaging technology is also used for nighttime detection systems and are being deployed in luxury vehicles in order to ensure safety.

US and Canada Uncooled Infrared Imaging Technology Demand Outlook

U.S. happens to be one of the largest markets for uncooled infrared imaging technology across the globe. The growth in U.S. is attributed to the presence of established players such as FLIR Systems, Inc., BAE Systems, Inc., Teledyne DALSA Inc., and Axis Communications AB, among others in the region.

Moreover, US happens to be the most rapidly changing and competitive market across the globe. Besides, the region is also anticipated to adopt new technologies at a faster pace as compared to other countries in the world.

Europe Demand Outlook for Uncooled Infrared Imaging Technology

The growing demand for uncooled infrared imaging technology from automotive sector in the countries like Germany, Italy, France, and UK in the Europe region has enabled the market for uncooled infrared imaging technology to grow at a substantial rate over the forecast period.

Emerging applications like autonomous driving and driver assistance systems are propelling the market growth. Uncooled infrared imaging systems are capable of offering reliable, safe, and continuous detection of the people, environment, and animals, particularly in low visibility circumstances. Thereby, driving the market growth.

Who are the Key Manufacturers and Suppliers of Uncooled Infrared Imaging Technology?

Some of the leading providers of uncooled infrared imaging technology include

• FLIR Systems Inc.
• Xenics NV
• BAE Systems Inc.
• Teledyne DALSA Inc.
• Cantronic Systems Inc.
• Zhejiang ULIRVISION Technology Co. Ltd.
• Vigo System SA
• Axis Communications AB
• Lynred USA Inc.
• Others.

The companies operating in the market are focused on acquisitions, partnerships, and new product launches in order to strengthen their presence and enhance their product portfolio in the market.

• For instance, in February 2019, FLIR Systems announced the launch of FLIR GF77 Gas Find IR. FLIR GF77 Gas Find IR happens to be one of the first uncooled thermal cameras designed to detect methane gas leakages at renewable energy facilities, natural gas plants, industrial areas, and other places. Moreover, it is cost efficient in nature and offers gas detection ability at a very low cost as compared to the cooled gas inspection thermal cameras. This also helps in ensuring a safer work environment while reducing the emissions.
• In June 2019 - Sofradir along with its subsidiary ULIS, entered into a merger agreement to form Lynred, a new company. The new company has been created to offer all-inclusive infrared product to the increasing demands from the global defense, aerospace, consumer, and industrial, markets.

Key Segments

By Type

• Short Wave Infrared (SWIR)
• Middle Wave Infrared (MWIR)
• Long-wave infrared (LWIR)
• Far wave infrared (FIR)

By Application

• Automotive
• Military
• Consumer Electronics
• Mapping & Surveying
• Others

By Region

• North America
  • US
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Benelux
  • Russia
  • Rest of Europe
• East Asia
  • China
  • Japan
  • South Korea
• South Asia & Pacific
  • India
  • Malaysia
  • Indonesia
  • Singapore
  • Australia & New Zealand
  • Rest of South Asia & Pacific
• Middle East & Africa
  • GCC Countries
  • Turkey
  • South Africa
  • Rest of Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Uncooled Infrared Imaging Technology Market Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

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