Infrared Imaging Market Size Worth USD 10,29 Billion by 2028, Market Trends – Increase in defense expenditure

The global infrared imaging market is expected to reach a market size of USD 10.29 Billion by 2028 and register a CAGR of 7.3% during the forecast period.

infrared imaging market is expected to reach a market size of USD 10,29 Billion at a steady CAGR of 7.3% in 2028, according to latest analysis by Emergen Research. Increasing demand for infrared imaging can be attributed to its growing use in security and surveillance. Infrared surveillance cameras find widespread application in law enforcement and military applications, and at large corporations to safeguard property and employees.

Technological advancements and infrared security cameras getting more affordable is expected to result in increasing deployment in home security applications going ahead. Infrared illumination is not detected by the human eye but is sufficient enough to enable security cameras to capture a recognizable image by. In addition, during night infrared illumination allows security cameras to provide high-resolution security and surveillance videos with almost zero image noise, and is an essential requirement for lower bit rate, enhanced image compression, and low storage needs.

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Scope of the Report:

With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global infrared imaging market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.

Key players in the market include Leonardo DRS, Xenics NV, Lynred, FLIR Systems, Axis Communications, Opgal Optronics Industries Ltd., Allied Vision Technologies GmbH, Sensors Unlimited, IRCameras LLC, and Fluke.

  • Technology Outlook (Revenue, USD Billion; 2021–2028)
    • Cooled Infrared Imaging
    • Uncooled Infrared Imaging
  • Wavelength Outlook (Revenue, USD Billion; 2021–2028)
    • Near Infrared
    • Short Wave Infrared
    • Mid-wave Infrared
    • Long wave Infrared
  • Application Outlook (Revenue, USD Billion; 2021–2028)
    • Security & Surveillance
    • Monitoring & Inspection
    • Detection
  • Industry Vertical Outlook (Revenue, USD Billion; 2021–2028)
    • Automotive
    • Aerospace & Defense
    • Oil & Gas
    • Electronics & Semiconductor
    • Food & Beverage
    • Others

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Industry Growth:

The infrared imaging helps product owners learn how certain trends will shape the growth of the infrared imaging industry over a long term. The study closely looks at the historical price pattern of various products and services and empowers entrepreneurs to form the right opinion about the future trends. Accordingly, business owners will be able to decide their course of action and make a wise decision.

Research Methodology

  • Data triangulation and market breakdown
  • Research assumptions Research data including primary and secondary data
  • Primary data includes breakdown of primaries and key industry insights
  • Secondary data includes key data from secondary sources

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Infrared Imaging Market Segmentation & Impact Analysis

    4.1. Infrared Imaging Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers’ analysis

           Growing demand for near infrared imaging in healthcare

           High requirement of infrared imaging in security & surveillance

           Increase in defense expenditure

           Growing demand for infrared in industrial imaging

          4.2.3. Market restraints analysis

           Availability of substitutes

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Infrared Imaging Market By Technology Insights & Trends, Revenue (USD Billion)

    5.1. Technology Dynamics & Market Share, 2020 & 2028

          5.1.1. Cooled Infrared Imaging

          5.1.2. Uncooled Infrared Imaging

Chapter 6. Infrared Imaging Market By Wavelength Insights & Trends Revenue (USD Billion)

    6.1. Wavelength Dynamics & Market Share, 2020 & 2028

          6.1.1. Near Infrared

          6.1.2. Short Wave Infrared

          6.1.3. Mid-wave Infrared

          6.1.4. Long wave Infrared

Chapter 7. Infrared Imaging Market By Application Insights & Trends, Revenue (USD Billion)

    7.1. Application Dynamics & Market Share, 2020 & 2028

          7.1.1. Security & Surveillance

          7.1.2. Monitoring & Inspection

          7.1.3. Detection


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