Infrared Imaging Market Report: Trends, Forecast and Competitive Analysis to 2030

Infrared Imaging Trends and Forecast

The future of the global infrared imaging market looks promising with opportunities in the security and surveillance, monitoring and inspection, condition monitoring, and structural health monitoring applications. The global infrared imaging market is expected to reach an estimated $10.4 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are increasing demand for surveillance and security, growing adoption of industrial automation, and rising use of thermal imaging in healthcare.

A more than 150-page report is developed to help in your business decisions.

Infrared Imaging by Segment

The study includes a forecast for the global infrared imaging by wavelength, technology, application, end use industry, and region.

Infrared Imaging Market by Wavelength [Shipment Analysis by Value from 2018 to 2030]:

• Near Infrared
• Short-Wave Infrared
• Mid-Wave Infrared
• Long-Wave Infrared

Infrared Imaging Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Cooled
• Uncooled

Infrared Imaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Security and Surveillance
• Monitoring and Inspection
• Condition Monitoring
• Structural Health Monitoring
• Others

Infrared Imaging Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Military and Defense
• Healthcare
• Industrial
• Others

Infrared Imaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Infrared Imaging Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies infrared imaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the infrared imaging companies profiled in this report include-

• Teledyne FLIR
• Fluke
• Raytheon Technologies
• Leonardo
• Axis Communications
• L3Harris Technologies
• Xenics
• Zhejiang Dali Technology
• OPGAL Optronics
• Allied Vision Technologies

Infrared Imaging Market Insights

Lucintel forecasts that long-wave infrared will remain the largest segment due to its growing demand from night vision and surveillance applications particularly in aerospace and defense industry.

North America will remain the largest region due to increasing demand for infrared imaging systems among various end use industries, such as aerospace and defense, automotive, and healthcare sector of the region.

Features of the Global Infrared Imaging Market

Market Size Estimates: Infrared imaging market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Infrared imaging market size by various segments, such as by wavelength, technology, application, end use industry, and region in terms of ($B).

Regional Analysis: Infrared imaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different wavelengths, technologies, applications, end use industries, and regions for the infrared imaging market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the infrared imaging market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the infrared imaging market size?

Answer: The global infrared imaging market is expected to reach an estimated $10.4 billion by 2030.

Q.2 What is the growth forecast for infrared imaging market?

Answer: The global infrared imaging market is expected to grow with a CAGR of 7.1% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the infrared imaging market?

Answer: The major drivers for this market are increasing demand for surveillance and security, growing adoption of industrial automation, and rising use of thermal imaging in healthcare.

Q4. What are the major segments for infrared imaging market?

Answer: The future of the infrared imaging market looks promising with opportunities in the security and surveillance, monitoring and inspection, condition monitoring, and structural health monitoring applications.

Q5. Who are the key infrared imaging market companies?

Answer: Some of the key infrared imaging companies are as follows:

• Teledyne FLIR
• Fluke
• Raytheon Technologies
• Leonardo
• Axis Communications
• L3Harris Technologies
• Xenics
• Zhejiang Dali Technology
• OPGAL Optronics
• Allied Vision Technologies

Q6. Which infrared imaging market segment will be the largest in future?

Answer: Lucintel forecasts that long-wave infrared will remain the largest segment due to its growing demand from night vision and surveillance applications particularly in aerospace and defense industry.

Q7. In infrared imaging market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to increasing demand for infrared imaging systems among various end use industries, such as aerospace and defense, automotive, and healthcare sector of the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the infrared imaging market by wavelength (near infrared, short-wave infrared, mid-wave infrared, and long-wave infrared), technology (cooled and uncooled), application (security and surveillance, monitoring and inspection, condition monitoring, structural health monitoring, and others), end use industry (automotive, military and defense, healthcare, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?