IR Camera Market Size in North America Region to Account Significantly Industry Share By 2023

North America will contribute major share in the market due to U.S. IR camera market dominance. This is mainly due to the technological advancements as well as the presence of strong industry participants in the region. Considerable application demand in APAC will drive the industry growth in the coming years.

Applications in the automobile sector is an untapped opportunity. Near-Infrared (NIR) centered systems improve night driving situations. With the advancements in driverless vehicles, the applicability of IR cameras in automobiles is expected to grow exponentially. Growing adoption of high resolution devices in smartphones will lead to IR camera market growth.

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The commercial sector is expected to influence the industry growth over the coming years, owing to elevated product demand across nuclear power plants, thermography, security borders, airports, and constructions. Medical imaging sector is expected to stimulate IR Camera market development over the years to come, driven by the escalating product demand for detecting life-threatening ailments such as cancers.

Infrared (IR) Cameras further find applications across commercial, military & defense, and medical imaging sectors. Military & Defense application, which accounted for more than 35% of IR Camera Market share in 2015, is anticipated to play a major role in industry expansion over the coming years. Infrared (IR) Camera industry revenue in the commercial sector is projected to grow at a rate of 10% over the period from 2016 to 2023.

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The material segments of the IR camera market are sapphire, silicon, germanium and zinc selenide. The base material for germanium is non-hygroscopic which transmits good infrared rays this will be followed by the zinc selenide segment.

Chapter 4    IR Camera Material Insights

4.1    IR camera market share by material, 2015 & 2023

4.2    Germanium

4.2.1    Market estimates and forecasts, 2012 – 2023

4.2.2    Market estimates and forecasts by region, 2012 – 2023

4.3    Silicon

4.3.1    Market estimates and forecasts, 2012 – 2023

4.3.2    Market estimates and forecasts by region, 2012 – 2023

4.4    Zinc Selenide

4.4.1    Market estimates and forecasts, 2012 – 20234.4.2    Market estimates and forecasts by region, 2012 – 2023

4.5    Sapphire

4.5.1    Market estimates and forecasts, 2012 – 2023

4.5.2    Market estimates and forecasts by region, 2012 – 2023

Chapter 5    IR Camera Application Insights

5.1    IR camera market share by application, 2015 & 2023

5.2    Military & Defense

5.2.1    Market estimates and forecasts, 2012 – 2023

5.2.2    Market estimates and forecasts by region, 2012 – 2023

5.3    Industrial

5.3.1    Market estimates and forecasts, 2012 – 2023

5.3.2    Market estimates and forecasts by region, 2012 – 2023

5.4    Commercial

5.4.1    Market estimates and forecasts, 2012 – 2023

5.4.2    Market estimates and forecasts by region, 2012 – 2023

5.5    Medical Imaging

5.5.1    Market estimates and forecasts, 2012 – 2023

5.5.2    Market estimates and forecasts by region, 2012 – 2023

5.6    Others

5.6.1    Market estimates and forecasts, 2012 – 2023

5.6.2    Market estimates and forecasts by region, 2012 – 2023

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