REPORT DESCRIPTION & SCOPE
An Infrared imager is a device which captures images using infrared light rather than visible light.
Cooled IR Imaging devices use a vacuum sealed case to ensure proper operation of the
semiconductor materials used in the product. Compared to normal IR devices, these cooled IR
detectors are bulky and expensive. However, prices are dropping along with reduction in the size
of the end product with increased focus on manufacturing, integration and technological
advances. Long and Far wave IR have larger market compared to the other segments in this
market. The reason for this is cooled IR systems are more effective both in functionality and
cost for long distance detection and tracking.
The IR imaging market is slated to grow at 7% year on year for the next five years. The market is
estimated to reach $6.9bn by 2018.
Global Cooled IR Imaging Market Demand Analysis by Type (2013-2018)
($bn)
Type
Short Wave IR
Medium Wave IR
Long Wave IR
Far Wave IR
Total
Source: IndustryARC Analysis
2013
$Bn
2015
2016
2018
$Bn
CAGR (%)
2013-2018
xx
Xx
Xx
Xx
4.9
xx
xx
xx
xx
xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
Xx
6.9
xx
Xx
Xx
Xx
7.0
Cooled IR Imaging consists of thermal imaging cameras in which a cryocooler is integrated with
an imaging sensor which helps in lowering the sensor temperature to cryogenic levels. These
cameras are highly sensitive and can differentiate between slight temperature changes compared
to uncooled thermal imaging cameras.
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