PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1606397
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1606397
The market for Uncooled Infrared Imaging was projected to reach USD 4,841.5 million in 2023 and expand at a CAGR of 11.50% between 2024 - 2032.
A form of thermal imaging technology known as "uncooled infrared imaging" functions without requiring cryogenic cooling. Uncooled infrared cameras use microbolometers, which are tiny, heat-sensitive sensors that alter their electrical resistance in response to infrared radiation, in place of cooled detectors. After that, an image is created from this resistance change. Compared to cooled systems, this technology has a number of benefits, including lower costs and smaller, lighter, and more reliable operation because it has fewer moving parts.
Uncooled Infrared Imaging Market- Market Dynamics
Growing Demand for Industrial Inspection and Maintenance
The uncooled infrared imaging market has a large window of opportunity in the industrial inspection and maintenance sector. Compared to their cooled counterparts, uncooled infrared cameras have several advantages, including lower cost, less maintenance, and instant startup. These characteristics make them perfect for ongoing observation in industrial environments where dependability and efficiency are critical. They are used to guarantee the integrity of infrastructure such as pipelines and manufacturing equipment, as well as to test electrical components and identify heat anomalies in machinery. Uncooled infrared imaging technology is becoming more and more in demand as predictive maintenance tactics gain traction, making it a vital instrument for improving operational safety.
Uncooled Infrared Imaging Market- Key Insights
According to our research analyst's analysis, the global market is projected to expand at a CAGR of approximately 11.50% during the forecast period of 2024-2032.
The short category was predicted to hold the largest market share in 2023 based on wavelength.
The pyro electric category was predicted to hold the largest market share in 2023 based on camera core.
In 2023, the consumer electronics category emerged as the top segment based on vertical.
North America held the largest revenue share by region in 2023.
The Global Uncooled Infrared Imaging Market is segmented into Wavelength, Camera Core, Product Type, Vertical, and Region.
Based on camera core, the market is segmented into Thermopile, Pyro Electric, Microbolometer, Indium Gallium Arsenide, Mercury Cadmium Telluride, Ferro Electric, and Others. There are various reasons for the rise in pyro electric categories within the uncooled infrared imaging market. Pyro electric sensors have several benefits, including affordability, ease of use, and durability, which make them a good fit for a variety of industrial, automotive, and consumer electronics applications. They are more appealing as portable and affordable thermal imaging options since they can detect infrared radiation without the need for cooling equipment. Further encouraging adoption is the increasing sensitivity and dependability of sensors because of technological improvements.
On the basis of vertical, the market is categorized into Consumer Electronics, Security and Defence, Healthcare, and Others. In the uncooled infrared imaging market, the consumer electronics category has grown significantly due to a number of causes. Technological developments have brought about more affordable and small-sized infrared imaging technologies, boosting their availability for consumer applications like wearables, tablets, and smartphones. The growing desire for improved security and surveillance features has prompted the incorporation of infrared imaging for night vision capabilities in consumer devices. Furthermore, the growing market for automation and smart home devices has accelerated the uptake of infrared sensors for uses including occupant monitoring and energy efficiency.
Uncooled Infrared Imaging Market- Geographical Insights
The Uncooled Infrared Imaging market is widely distributed geographically in North America, Latin America, Europe, Asia Pacific, the Middle East and Africa. These areas are further separated based on the countries that provide business.
The uncooled infrared imaging market in North America has grown significantly, mostly as a result of growing applications in a variety of industries, including defense, aerospace, and automotive. Technological developments that lower costs and increase performance for uncooled infrared cameras are the main drivers of this rise. Furthermore, market demand has been boosted by growing awareness of the advantages of infrared imaging for industrial automation, thermography, and surveillance.
Moreover, the uncooled infrared imaging market in the Asia-Pacific region has grown significantly as a result of a number of important factors. The need for surveillance and security apps has been fueled by rising defense spending by nations like China, India, and Japan. Furthermore, the use of predictive maintenance and monitoring has increased due to the growing industrial sectors in nations like Taiwan and South Korea. Further propelling market growth throughout the area are technological advances and cost reductions in uncooled infrared camera technology.
Leading companies in the uncooled infrared imaging market, including Allied Vision Technologies, L3Harris Technologies, Inc., BAE Systems Inc., Fluke, Irvine Sensors Corp, Axis Communications AB, and others, focus on using a variety of expansion strategies to strengthen their brands and increase the size of their clientele. Among these strategies include customer retention, joint ventures and partnerships, mergers and acquisitions, and the creation and introduction of new products.
June 2024: The premium Hadron 640 dual radiometric thermal and visible camera module is the latest offering from Teledyne FLIR, a division of Teledyne Technologies Incorporated. Leaders in the business in thermal sensitivity are the ITAR-free Hadron 640+ and radiometric Hadron 640R+.
June 2024: At Eurosatory, BAE Systems is showcasing its fourth prototype of an armored multi-purpose vehicle or AMPV. The prototype emphasizes the vehicle's capacity to integrate equipment packages and capabilities globally. It is configured with a common top plate, commonly referred to as the External Mission Equipment Package (ExMEP).
April 2023: NEC Corporation has successfully developed the first high-sensitivity uncooled infrared image sensor in the world. The infrared detection region of the sensor uses high-purity semiconducting carbon nanotubes (CNTs). The utilization of NEC's exclusive extraction technology enabled the accomplishment of this significant milestone. The company's goal was to put this image sensor to use, and its deployment was scheduled for 2025.
February 2022: With funding from the European Union, LAMpAS has introduced a high-speed I.R. camera. For the purpose of meeting the demands of LAMPAS procedures, the company's New Infrared Technologies S.L. (NIT) has created a high-speed, uncooled I.R. camera. When laser surface structuring is being done, the camera has the ability to detect heat accumulation.