IR (Infrared) Camera Market Specifications, Driving Factors,
Analysis and Manufacturing Base Forecasts Till 2020
“IR (Infrared) Camera Market Report Includes in-depth analysis of Market
Application, Size, Specification, Trends, Major Manufacturers and Business
Strategies by Considering Types, Market Segmentation and Analysis.”
The Global Infrared Camera Market was $4.18 billion in 2015. It is expected to grow at CAGR of 9.5%. Declining
prices due to technological development and increased demand through verticals including defense and security
industries are projected to fuel the growth of infrared camera market in the forthcoming years. Moreover,
increasing integration of cutting-edge thermal cameras in commercial applications and smartphones coupled
with high demand for surveillance and security cameras with greater pixels per inch across the defense industry
provides numerous opportunities to the Infrared camera market.
Due to rising adoption of IR cameras in industrial and commercial applications, these are used across numerous
surveillance & security applications. Further, increased commercialization due to developments in the micro
bolometer technology is also anticipated to drive market growth in the upcoming years.
High-resolution smartphones and cameras are anticipated to provide an ample opportunity for the growth of
the market. Moreover, infrared cameras play a significant role in providing a night-vision option for vehicles. For
example, FLIR Systems offers camera cores for BMW, Rolls Royce, Mercedes-Benz, and Audi.
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