Uncooled Infrared Imaging Technology & Market Trends: Commercial & Military Applications

Jan 31, 2014, 15:00 ET from Research and Markets

DUBLIN, Ireland, January 31, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/dc7hnh/uncooled_infrared) has announced the addition of the "Uncooled Infrared Imaging Technology & Market Trends: Commercial & Military Applications" report to their offering.
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The decline in the military market has created a shift toward commercial businesses faster than expected and will continue because of established & new consumer applications such as personal vision and smartphones.

The faster shift toward commercial applications is due to military budget cuts and growing commercial markets

Uncooled infrared camera market experienced a sharp downturn in 2012: though total shipments slightly increased by + 1%, overall revenue fell by 12% to $1,824M. This steep fall was mainly due to the weakness of the military market which has been historically the main revenue generator.

Heavy cuts in the US military budget, resulting from federal budget sequestration and reduction of military operations had a massive impact on the global military market. US Department of Defense program delay consequences were notable because the US market represented more than 80% of the global military market in 2011. This sharp decrease was partly compensated by the commercial markets which grew by +11% in units due to the surveillance and thermography markets.

This shift toward commercial and higher volume markets will be confirmed in the 2013-2018 period. Yole Développement expects +23% growth in shipments fueled by four commercial markets showing a CAGR above 20%: automotive, surveillance, the young ultra-low-end thermography market, and finally by the rise of infrared imaging in smartphones.

Although 2012 sales were disappointing, Yole predicts that the automotive market will be the number 1 growth driver even if sales remain limited to premium cars until 2017. Similarly to automotive, surveillance sales growth was below expectations in 2012 because it took longer than expected to develop this market, but the sensational introduction of affordable sub-$2,000 cameras initiated by DRS and followed by FLIR in 2012 will boost sales.

Thermography market growth is driven by the ultra-low-end market which consists of low-resolution cameras for basic radiometric purposes, reaching a price point low enough to be adopted by technicians or DIY consumers. It is expected that ultra-low-end will generate nearly half of the total thermography market in 2018 even though it emerged at the end of the last decade.

Finally Yole expects that the ultimate high-volume application will be infrared imaging for smartphones benefiting from their large display to control a plug & play IR camera. An additional scenario envisions a rapid ramp up of this application based on huge price erosion.

Key Topics Covered:

1. Contents, definitions

2. Executive summary

3. Noteworthy news since 2011

4. Overview of IR detection technologies

5. Uncooled thermal imaging camera market analysis

6. IR Camera market analysis : Thermography market

7. IR camera market analysis: Surveillance market

8. IR camera market analysis: Automotive market

9. IR Camera market analysis: Fire fighting market segment

10. IR camera market analysis: Marine market segment

11. IR camera market analysis: Personal handheld night vision segment

12. IR camera market analysis: Smartphone market segment

13. IR camera market analysis: Military markets

14. Uncooled thermal imager/microbolometer market analysis

15. Uncooled thermal imaging technological evolutions

16. Conclusions

Companies Mentioned:

  • Aerius Photonics
  • Bullard
  • Cantronic Systems
  • DeWALT
  • Electrophysics
  • FocalPlane
  • GWIC
  • Honda
  • ICx Technologies
  • KTH Royal Institute of Technology
  • L-3
  • Murata
  • N2 Imaging
  • Opgal
  • Pelco
  • QinetiQ
  • Raytheon
  • Syonix
  • Tamron
  • Ulir vision
  • Umicore
  • VDS Vosskühler
  • Vigo Systems
  • Wenzhou Wealth Port International
  • Xenics
  • Zeiss
  • Ziptronix

For more information visit http://www.researchandmarkets.com/research/dc7hnh/uncooled_infrared

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

SOURCE Research and Markets