London, 29 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Infrared Imaging Market 2014-2018.
About Infrared Imaging Market
Infrared imaging systems are used to sense infrared radiation that is reflected or emitted by an object. An infrared camera detects radiation, converts it into an electric signal and processes it into an image. The Global Infrared Imaging Market is expected to grow at a CAGR of 9.53 percent from 2013-2018.
About the Report
The latest report by TechNavio focuses on the declining prices of infrared imaging systems. The decrease in the sensor size and use of low-cost imagers and optic technologies have led to the reduction of manufacturing costs, thus enabling vendors to provide infrared imaging systems at a lower price. Additionally, the report highlights the development of high definition infrared imaging cameras that is expected to propel the overall market growth.
“Vendors present in the market have started manufacturing infrared imaging cameras that can capture images or videos in high definition,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Decline in Price of Infrared Imaging Systems
- For a full detailed list, view our report.
Market Challenges:
- Inability to Function against Reflective Surfaces
- For a full detailed list, view our report.
Market Trends:
- Development of High Definition Infrared Imaging Cameras
- For a full detailed list, view our report.
Key Vendors:
- Axis Communications
- FLIR Systems
- Fluke Corporation
- Samsung
Other Prominent Vendors:
- Axis Communications
- FLIR Systems
- Fluke
- Samsung
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