Cooled Infrared imaging 05/18/2013 | Page 13

GLOBAL COOLED INFRARED IMAGING MARKET - TRENDS Cooled thermal imaging cameras are costlier than the un-cooled ones and are primarily used in defense applications for their sharp thermal contrast and effectiveness in long distance imaging for man-sized targets.  The overall IR imaging market is around $4.9bn in 2013 and is expected to grow at 7% during the period of 2013 – 2018.  Military and defense applications have a majority market share in this industry and the commercial, dual-use applications have the remaining market share.  The report segments the cooler thermal imaging market by spectrum ranges, focal plane array types and end use applications. IndustryARC | 13