The new report by Expert Market Research titled, ‘Global High-Speed Camera Market Size, Share, Report and Forecast 2022-2027’, gives an in-depth analysis of the global high-speed camera market, assessing the market based on its segments like spectrum, components, frame rate, application and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview 2017-2027
Forecast Historical Market Size (2021): USD 468 million
Forecast CAGR (2022-2027): 8.8%
Forecast Market Size (2027): USD 776 billion
The primary factors driving the market growth are the rising applicability of high-speed cameras across various end-use industries. For example, in ballistics, explosives, aerospace, and pyrotechnics, the need for high-speed cameras is increasing as the necessity for extremely precise analysis, such as combustion testing and flow visualisation, grows. Furthermore, additional features like auto-iris, a wide sensor range, and real-time capabilities are available on high-speed cameras. As a result, they are increasingly being employed in the intelligent transportation system (ITS) to avoid future collisions, decrease traffic congestion, and improve commuter safety and comfort. In addition, governments from various nations are increasing their spending on the creation of smart cities, which is moving the market forward. These factors are expected to drive the global high-speed camera market during the forecast period as well.
High-Speed Camera Industry Definition and Major Segments
A high-speed camera is a type of camera having a special characteristic that allows it to capture moving images with exposures of less than 1/1,000 seconds and frame rates of more than 250 frames per second. The camera is designed to capture events with minuscule, transient details that ordinary frame rate cameras can’t capture. The photographs saved may be seen in slow motion since the intricacies of the event become more visible when the movie is viewed at a lower frame rate. In scientific computing, the camera is particularly valuable. Due to image capture benefits over the film, most high-speed cameras now employ charge-coupled devices (CCD) or complementary metal-oxide semiconductors (CMOS) image sensors.
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By spectrum, the market is divided into:
- Visible RGB
- Infrared
- X-Ray
By major components, the market is divided into:
- Image Sensors
- Lens
- Processors
- Battery
- Memory Systems
- Fan and Cooling
- Others
By frame rate, the market is divided into:
- 1,000-5,000
- 5,0001-20,000
- 20,001-100,000
- Greater than 100,000
By application, the market is divided into:
- Entertainment and Media
- Sports
- Consumer Electronics
- Research and Design
- Industrial Manufacturing
- Military and Defense
- Aerospace
- Others
By region, the industry is categorized into:
- North America
- Europe
- The Asia Pacific
- Latin America
- The Middle East and Africa
High-Speed Camera Market Trends
The growing demand for extremely detailed analysis, such as ignition assessment and flow visualisation, in aerospace, explosives, pyrotechnics, and ballistics, is projected to drive up demand for high-speed cameras in the manufacturing industry. Because of its expanded capabilities such as high resolution, frame rate, and image processing, high-speed cameras are in high demand in the sports industry. The expanding usage of high-speed cameras in the entertainment & media, and sports sectors, as well as the increasing use of high-speed thermal cameras, particularly for high-speed scanning of individuals to detect COVID-19, are the primary reasons driving the growth of the high-speed camera market. The increased adoption of high-speed thermal sensors, as well as the growing requirement to examine people’s health and evaluate ballistics and explosives tests, are driving the growth of the high-speed camera market.
Asia-Pacific was one of the largest regional markets for high-speed cameras during the historical period, and it is expected to grow at a healthy rate during the forecast period, with China and India contributing to the bulk of consumption. Rapidly growing urbanisation and the development of production centres, especially in China and India, are projected to be important drivers of this growth. Investments from all over the world are increasing in the region’s industrial sector, necessitating more efficient manufacturing line surveillance. In addition, to broaden their product line and gain a competitive edge, some top companies are releasing novel high-speed cameras with enhanced performance, data speed, and frame per second (FPS) rate. Additional factors influencing the market’s growth include the evolution of manufacturing hubs, expanding product consumption in the sports sector, fast commercialization, continuous research and development (R&D) efforts, and technical developments.
Key Market Players
The major players in the market are DEL Imaging Systems LLC, Photron, iX Cameras Ltd, NAC Image Technology, Inc., and Mikrotron GmbH, among Others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Industry InsightAfter the COVID 19 outbreak upended thousands of businesses and market shares globally, the global high-speed camera 2020 is looking firm and streamlining with higher shares in the forecasted period 2016-2022.
Upon Market Research Future’s latest study, the global high-speed camera market might reposition and expand at a growth rate of ~6% during the same year frame.Top Impacting FactorsHigh-speed cameras are the sophisticated edition of standard digital cameras having the high-resolution capacity and ability to capture ultra-high speed events.
Therefore, owing to advanced features of high-speed cameras other than standard cameras, its demand is growing across industries, which is giving a substantial boost to the global high-speed camera.
MRFR has also studied that rising necessitate for highly meticulous analyses such as explosives, combustion testing, and flow visualization in aerospace, pyrotechnics.
Ballistics is further anticipated to be the motivating force for escalating the demand for high-speed cameras in the manufacturing sector.Industry PlayersThe outstanding industry players in the market of the high-speed camera are Photron Limited(Japan), Vision Research, Inc.(U.S.), Mikrotron GmbH(Germany), Olympus Corporation(Japan), Del Imaging Systems LLC(U.S.), NAC Imaging Technology, Inc.(Japan), AOS Technologies AG(Switzerland), Motion Capture Technologies(U.S.), Optronis GmbH(Germany), Fastec Imaging Corporation(U.S.), and Weisscam GmbH(Germany).Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/1840 Segmentation of MarketThe MRFR’s report offers a comprehensive evaluation of the market on the basis of segments such as frame rate, resolution, and application.The frame rate segment has included the range of 1000-5000fps, 5001-10000fps, 10001-20000fps, 20001-100000, and above 100001.
The resolution segment has included 0-1 MP, 1-2MP, 2-5MP, and higher than 5MP.
High-speed cameras are used as a diagnostic tool to help engineers and researchers in analyzing high-speed processes.
High speed camera are able to capturing sequential series of images that are recorded at very high frame rate and played back in slow-motion that allows the user to visualize, measure and understand events that are impossible to see by human eye.
High Speed Camera is the best way to understand how to apply explosives to accomplish objectives with the best results in industries ranging from construction to mining or defense.High Speed Camera Market is driven by a huge demand for intelligent solutions such as across various industries such as automotive, food and beverages, chemical, pharmaceuticals & healthcare, and media & entertainment among others.
The High Speed Camera Market across the globe is expected to show a substantial CAGR.
There is a significant increase in the High Speed Camera market due to increasing demand of high speed motion analysis in manufacturing and research environment.The high speed camera offers various advantages such as high speed, high pixel depth, and large image sizes, easy to configure camera options as well as reduced time and costs per test (car crash test ) due to central control of cameras and data acquisition features, which are the some of the major revenue generators for High Speed Camera market.Global high speed camera Market is expect to grow at US $~300 Million by the end of forecasted period with CAGR of approx.
~6%.High Speed Camera Market:The widespread adoption of high speed camera across several industries such as automotive, food and beverages, chemical, pharmaceuticals & healthcare, and media & entertainment among others is increasing productivity, decreasing faults in production lines with less energy consumption and high speed.In traffic and transportation system, high speed cameras provide the features and tools in many applications such as license plate recognition and railway inspection; provide the shortest exposure time with motion sensitivity capabilities to analyze and identify the activities with high accuracy.High speed cameras also provide special features such as programmable auto exposure, auto gain, area masking, overclocked mode and more to fulfill the most demanding traffic and transportation needs.
The report "High-speed Camera Market by Usage, Frame Rate (1,000-5,000, >5,000-20,000, >20,000-100,000, >100,000), Resolution (2-5 MP, and >5 MP), Throughput, Component, Accessory, Application, and Geography - Global Forecast to 2023", The high-speed camera market is projected to reach USD 422 million by 2023, from USD 288 million in 2018, growing at a CAGR of 8.00% during that period.
Major growth drivers are increasing demand for compact high-speed cameras, increasing use of high-speed cameras in media & entertainment and sports, and high adoption of high-speed cameras in manufacturing; high cost of high-speed cameras is the major market restraint.
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=54616427 New cameras to hold largest share of high-speed camera market during forecast periodIndustrial applications, such as production line monitoring and inspection, are a major deployment area; since high-speed cameras form an important infrastructural component, renting or installing used units is not favorable.
Also, the market for this category is increasing particularly due to shift of industry demand toward higher specifications.
North America accounted for largest share of high-speed camera market in 2017 North America is a technologically developed region that hosts several established companies and research facilities, which collectively drive large-scale high-speed camera implementations for improving process efficiency and conforming to increasing compliances.
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