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The global indium gallium arsenide (InGaAs) camera market size will grow by USD 46.46 million during 2019-2023. This market report provides a detailed analysis of the market by cooling technology (uncooled camera and cooled camera) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Allied Vision Technologies GmbH, Coherent Inc., FLIR Systems Inc., FluxData Inc., Hamamatsu Photonics KK, Jenoptik AG, Raptor Photonics Ltd., Sensors Unlimited Inc., Teledyne Technologies Inc., and Xenics NV.
Key Insights on InGaAs Camera Market - Global Forecast 2019-2023
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Industry Overview
The rising adoption of InGaAs cameras/sensors in HSI systems has been identified as one of the critical InGaAs camera market trends. InGaAs cameras are increasingly replacing CCD cameras in HSI systems with high sensitivity in the 900-1,700 nm wavelength range and low thermal noise. This is because CCD cameras are not suitable for scanning applications of wavelengths greater than 1,100 nm. The thermoelectric cooling in InGaAs cameras enable it to function even at room temperatures. Moreover, InGaAs cameras offer high quantum efficiency, wide spectral range, and fast response. These beneficial features will boost the adoption of InGaAs cameras as a wavelength selection or filtering device in HSI systems for obtaining NIR radiation at desired wavelengths and eliminating out-of-band radiation. This will be one of the critical trends influencing InGaAs camera market growth throughout the next five years.
According to this InGaAs camera market forecast report, the various applications of InGaAs cameras will also be a significant factor contributing to the growth of the market. Cameras with inbuilt InGaAs SWIR sensors are widely used in multisensor systems for hyperspectral imaging because of its ability to operate in the wavelength range of 900 to 1,700 nm. InGaAs cameras can operate within the SWIR waveband which makes them ideal for applications such as in-line inspection of the internal structure of photoemission silicon devices and the imaging of subsurface accumulation of water to detect bruising of fruits. InGaAs cameras are also being used for providing high-quality night-vision in SWIR-band laser illuminators. The increasing applications of InGaAs cameras will boost the growth of the market at a CAGR of almost 9% during the forecast period.
Top Companies in InGaAs Camera Market
The global market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this InGaAs camera market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of several leading InGaAs camera manufacturers, including:
- Allied Vision Technologies GmbH
- Coherent Inc.
- FLIR Systems Inc.
- FluxData Inc.
- Hamamatsu Photonics KK
- Jenoptik AG
- Raptor Photonics Ltd.
- Sensors Unlimited Inc.
- Teledyne Technologies Inc.
- Xenics NV
Market Segmentation
InGaAs Camera Market by Cooling Technology
- Uncooled camera
- Cooled camera
The uncooled InGaAs camera market segment will account for the highest InGaAs camera market share. The several advantages of uncooled InGaAs camera, including better penetration in polluted environmental conditions, low cost, longer service life, and lower servicing requirement will boost its popularity among end-users during the next five years. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the InGaAs camera market size.
InGaAs Camera Market by Region
- APAC
- Europe
- MEA
- North America
- South America
With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the indium gallium arsenide camera market throughout the forecast period. Factors such as high defense expenditure and capabilities to develop thermal imaging products and solutions, growing focus on automotive production, and increased automation in surveillance and pharmaceutical industries will contribute to the InGaAs camera market growth in this region.
Major Highlights of the InGaAs Camera Market - Global Forecast 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the InGaAs camera market during the next five years
- Precise estimation of the global InGaAs camera market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the InGaAs camera industry across APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details of factors that will challenge the growth of InGaAs camera companies
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