Oct 2, 2012

Global IR imaging market to reach $3.9 billion by 2017, MarketsandMarkets says

According to a new report 「Global IR Imaging Market (2012 – 2017) - Forecast, Trend & Analysis」 published by MarketsandMarkets, the value of IR imaging market was $2,183 million in 2011 and is expected to reach $3,861 million by 2017, at an estimated CAGR of 9.5%. In terms of volume, the total number of IR imaging camera shipped was 318,000 in 2011 and expected to reach 1.41 million by 2017, at an estimated CAGR of 28.6%.

IR cameras were initially developed for military applications, and this application had contributed to a major chunk of the revenue to the total IR imaging market. For many years, this technology was restricted to military/defense, academia and niche markets. However, due ...more



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