IR Camera Market in North America Region is Expected Grow Significantly By 2023

North America IR Camera Market is anticipated to surpass USD 2.5 billion by 2023. Mounting requirement for efficient mass screening as well as video surveillance is projected to push the regional demand. The U.S. is likely to dominate the regional revenue.

Various applications of IR camera market for medical, transportation, fire & rescue missions, thermography, and night vision will propel commercial IR camera industry, which is estimated to grow at an annual rate 10% from 2016-2023. Medical imaging segment will particularly witness heavy adoption of infrared cameras, owing to its use in hospitals to detect life threatening diseases.

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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.

IR Camera market revenue in the commercial sector is projected to grow at a rate of 10% over the period from 2016 to 2023.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 industry share in 2015, is anticipated to play a major role in industry expansion over the coming years.

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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.

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.

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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