Market Overview

$5.91 Billion Opportunity in the Global IR Camera Market by 2023: Military & Defense Sector to Witness Huge Demand -


The "Global
IR Camera Market 2018-2023 - Segmented by Type of Detector, Material,
Type, and Application"
report has been added to's

The IR camera market was valued at USD 3.77 billion in 2017 and is
expected to reach a value of USD 5.91 billion by 2023 at a CAGR of
7.72%, over the forecast period (2018-2023). The industries heavily
relying on IR cameras are military and defense and automotive.

Factors such as rising demand for surveillance across various verticals,
gradually decreasing costs of thermal cameras and rapid development of
high speed infrared cameras are leading to an increasing demand for IR
cameras across various industries, consequently driving the market
growth. However, inaccurate measurements and image color issues
associated with the cameras are challenging the market growth.

Key Highlights

  • Gradually Decreasing Costs of Thermal Cameras will Drive the Market
  • Military & Defense Sector to Witness Huge Demand in the Market
  • United States to Dominate the North American Market

Notable Developments in the Market

  • FLIR Systems launched a high-resolution Thermal Vision Automotive
    Development Kit featuring the high-performance FLIR Boson thermal
    camera for automakers, tier-one automotive parts suppliers, and
    innovators of advanced driver assistance systems (ADAS).
  • Teledyne DALSA, launched its Calibir GX series of long wave infrared
    (LWIR) cameras for industrial vision applications.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Market Insights

4. Global IR Camera Market Segmentation

5. Competitive Intelligence - Company Profiles

  • FLIR Systems Inc.
  • SPI Infrared
  • Opgal
  • Raytheon Company
  • Seek Thermal Inc.
  • Fluke Corporation
  • Testo AG
  • HGH-Infrared
  • Teledyne Dalsa
  • Leonardo DRS
  • Optris Infrared Sensing LLC
  • Xenics N.V.

6. Investment Analysis

7. Future Outlook of the IR Camera Market

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