Global InGaAs Camera Market Overview
The global InGaAs camera market size is anticipated to reach a market valuation of USD 146.4 million by the end of the forecast period, registering a 9.86% CAGR, as per the study conducted by Market Research Future (MRFR) and published in the form of a report. InGaAs cameras have a wide scope of application but are primarily used in military and defense sector. Military covert operations are known to take advantage of infrared technology for enabling night vision or gaining visibility through the atmospheric haze. SWIR technology is generally used for security and surveillance, and in combination with InGaAs cameras. While SWIR is more suitable for the visibility through polluted hazy environments as compared to other IR technologies.
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Apart from the security and surveillance sector, the global InGaAs cameras have varied applications in pharmaceutical, semiconductor, and other industries. Upscaling industrial automation has led to an acceleration in the demand for robotics and automated systems, among which condition monitoring is one of the most important applications. Condition monitoring is a vital part of predictive (maintenance where the continuous inspection of industrial installations is maintained). This aids in the avoidance of unplanned production stops and enables better planning and maintenance services. Other applications of the InGaAs camera include food sorting for the removal of extravenous vegetable matter and unwanted particles from vegetables and fruits, waste sorting, color detection, and agricultural sorting. Various applications are anticipated to boost the demand of the global InGaAs camera market over the forecast period.
Key Players
Some prominent players prevalent in the global InGaAs camera market include Hamamatsu Photonics K.K. (Japan), Sensors Unlimited (US), FLIR Systems (US), First Sensor (Germany), Jenoptik AG (Germany), Xenics (Belgium), New Imaging Technologies (France), Teledyne Technologies (US), Allied Vision Technologies (Germany) and Lumentum (US).
Market Segmentation
The global InGaAs camera market trends are studied for various segments that are based on scanning type, camera cooling technology, application, and region. Based on scanning type, the global InGaAs camera market is segmented into line scan camera and area scan camera. The area scan camera segment is anticipated to gain maximum share of the global InGaAs camera market over the forecast period. Area scan cameras refer to general purpose cameras that contain a larger matrix of pixels for capturing 2D images of an area in one exposure cycle. Area scan cameras are suitable for different applications where the object is stationery. On the other hand, line scan cameras are used for capturing continuous images using a single row of pixels. Line scan cameras are used where objects are in motion such as on a machine belt like line inspection.
Based on camera cooling technology, the global InGaAs camera market is segmented into cooled camera and uncooled camera. The uncooled camera segment is likely to contribute a larger share to the global InGaAs camera market. On the other hand, the cooled camera segment is likely to grow at the highest CAGR over the forecast period.
Based on application, the global InGaAs camera market is segmented into military and defense, industrial automation, surveillance, safety and security, scientific research, and spectroscopy. The military and defense segment is anticipated to dominate the global InGaAs camera market over the assessment period. Alternatively, the industrial automation segment is expected to garner a high CAGR in the forthcoming years.
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Detailed Regional Analysis
The global InGaAs camera market is segmented into the regions of North America, South America, Asia Pacific, Europe, and the Middle East & Africa. North America is likely to hold the largest InGaAs camera market share during the forecast period. Europe is anticipated to tread in the same path as North America, gaining the second largest share of the global InGaAs camera market. Asia Pacific, alternatively, is likely to upscale at the fastest rate over the review period.
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The Global InGaAs Camera Market is predicted to touch USD 146.4 Million at a healthy 9.86% CAGR between 2018- 2024, states the recent Market Research Future (MRFR) analysis.
InGaAs camera or indium gallium arsenide camera helps to broaden the utility of shortwave infrared or near infrared imaging and spectroscopy.
These cameras are used to offer imaging, which is shortwave or near infrared rage and easily visible to the eyes.
According to the recent MRFR report, such factors include the growing adoption of such cameras for machine vision applications, rising penetration in military and defense, growing use in firefighting, surveillance, and security, and constant technological advancements, and the rising automation in industrial applications.
Of these, the area scan camera will lead the market over the forecast period, and the line scan camera segment will grow at a high CAGR.
By application, the global InGaAs camera market is segmented into spectroscopy, scientific research, safety and security, surveillance, industrial automation, military and defense, and others.Regional AnalysisBased on the region, the global InGaAs camera market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW).
Market Overview: InGaAs cameras are increasingly being used in a number of applications—military and defense being the major end user.
Covert military operations make use of shortwave infrared (SWIR) technology inbuilt InGaAs cameras as it makes them suitable for night vision or gaining visibility through atmospheric haze.
(Japan), Sensors Unlimited (US), FLIR Systems (US), First Sensor (Germany), Jenoptik AG (Germany), Xenics (Belgium), New Imaging Technologies (France), Teledyne Technologies (US), Allied Vision Technologies (Germany) and Lumentum (US).
The military & defense segment is expected to dominate the InGaAs camera market during the forecast period while the industrial automation segment is expected to grow at a high CAGR during the forecast period.Global InGaAs Camera Market – Regional AnalysisThe InGaAs camera market is estimated to grow at a significant rate during the forecast period from 2019 to 2024.
The geographical analysis of the InGaAs camera market is studied for North America, Europe, Asia-Pacific, and the rest of the world (including the Middle East, Africa, and Latin America).
Among the regions mentioned, North America is expected to hold a significant share of the InGaAs camera market during the forecast period followed by Europe.
Market Analysis and Insights:- Global InGaAs Camera MarketGlobal InGaAs Camera Market By Scanning Type (Area Scan Camera, Line Scan Camera), Technology (Cooled Camera, Uncooled Camera), Application (Military and Defence, Industrial Automation, Surveillance, Safety and Security, Scientific Research, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026Market Analysis: Global InGaAs Camera Market Global InGaAs camera is expected to register a substantial CAGR of 9.60% in the forecast period of 2019-2026.
The growing need for better management of the workforce and increasing application in defence and military forces and advancement in technology are the major factor for the growth of this market.Get More Insight About the Global InGaAs Camera Market, Request Sample @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-ingaas-camera-marketMarket Definition: Global InGaAs Camera Market InGaAs cameras are camera which is based on cooling technology and are used in military, aerospace, telecommunications, industrial inspection, and spectroscopy.
These cameras find many applications in defence due to their performance features such as small, uncooled, lightweight design, high quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglowsMarket Drivers:Rapid increase in demand for InGaAs camera for machine vision applicationRise in its demand as it enables security, surveillance, and firefighting is driving marketTechnological advancement and development in InGaAs camera will also drive the growth of this marketIncreasing demand for InGaAs camera in defence and military purpose will also act as a driver for this marketMarket Restraints:Stringent regulation regarding import and export of InGaAs camera will restrain the market growth.High price of InGaAs camera hinders the growth of the market.Know More About this Report @ https://www.databridgemarketresearch.com/reports/global-ingaas-camera-marketSegmentation: Global InGaAs Camera Market By Scanning TypeArea Scan CameraLine Scan CameraBy TechnologyCooled CameraUncooled CameraBy ApplicationMilitary and DefenseIndustrial AutomationSurveillance, Safety, and SecurityScientific ResearchOthersBy GeographyNorth AmericaU.S.CanadaMexicoSouth AmericaBrazilArgentinaRest of South AmericaEuropeGermanyFranceUnited KingdomItalySpainRussiaTurkeyBelgiumNetherlandsSwitzerlandRest of EuropeAsia-PacificJapanChinaSouth KoreaIndiaAustraliaSingaporeMalaysiaIndonesiaThailandPhilippinesRest of Asia-PacificMiddle East and AfricaSouth AfricaEgyptSaudi ArabiaUnited Arab EmiratesIsraelRest of Middle East and AfricaKey Developments in the Market:In March 2019, SWIR Vision Systems announced the launch of quantum dot, which is the first shortwave camera, built on senor technology.
SWIR will exclusively exhibit its camera on 8th -11th April at the Automate trade fair in Chicago and will demonstrate its features such as silicon inspection, machine vision, surveillance and security systems, hyperspectral imaging, and other core SWIR applications.In October 2014, Raptor Photonics announced the launch of NINOX 640, a cooled VIS-SWIR InGaAs camera.
Using 640 x 512 InGaAs sensor from SCD, the NINOX 640 offers visible extension from 0.4µm to 1.7µm to enable high sensitivity imaging, features an on-board intelligent 3 point Non Uniform Correction (NUC) algorithm which provides high quality image.
The report includes market shares of InGaAs camera for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.Key Market Competitors: Global InGaAs Camera Market Few of the major competitors currently working in the global InGaAs camera are Photon Interactive UK Limited., Hamamatsu Photonics K.K., First Sensor AG, Jenoptik AG, Teledyne Technologies Incorporated., Luna, Lumentum Operations LLC, Albis Optoelectronics AG, Thorlabs, Inc., Xenics, New Imaging Technologies, Allied Vision Technologies GmbH, Raptor Photonics Limited, Teledyne Princeton Instruments, AC Photonics, Inc., New England Photoconductor, Qphotonics, Episensors, Inc., Roithner Lasertechnik GmbH, KYOTO SEMICONDUCTOR Co., Ltd., Cosemi Technologies, Inc., Voxtel, Inc., Edmund Optics Inc., Precision Micro-Optics Inc.Research Methodology: Global InGaAs Camera Market Data collection and base year analysis is done using data collection modules with large sample sizes.
