InGaAs Camera Market: Lucrative opportunities across Globe

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InGaAs Camera Market are made of indium, gallium, and arsenic. These cameras are applicable in the field of defense, military, aerospace, telecommunications, industrial inspection, and spectroscopy. InGaAs cameras can be used for many IR applications, such as laser beam measurement, IR reflectography, PV evaluation, and Si wafer inspection. InGaAs camera technology is also used in food sorting and waste recycling. InGaAs cameras are used to remove extraneous vegetable matter and foreign materials from fresh and frozen vegetables for food safety. These cameras find many applications in defense due to their performance features such as small, uncooled, lightweight design, high quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglows.

Growing automation in industrial applications and constant technological advancements are some of the major factors propelling the growth of the InGaAs camera market globally. Adoption of automation is increasing rapidly to reduce errors and for decision making. Automated systems and robotics help companies to increase productivity and efficiency. Technological advancements such as smaller pixel sizes, larger image formats and better pixel yields, use of lowest noise imaging material, advanced digital array, high sensitivity, and compact size are driving the growth of the global InGaAs camera market. Increasing demand for InGaAs cameras in defense and military is also fueling the growth of the market as InGaAs cameras are used to detect the range of an object, target recognition at night, and imaging through dust, fog, haze or smoke. Light weight and small InGaAs cameras are used on airplanes and unmanned air vehicles (UAV’s) for surveillance missions. However, stringent import and export regulations on InGaAs cameras may hinder the growth of the global InGaAs camera market.

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The global InGaAs camera market can be segmented in terms of cooling technology, scanning type, applications, and geography. On the basis of cooling technology, the market can be segmented into cooled camera and uncooled camera. Uncooled camera segment is expected to expand rapidly over the forecast period as uncooled cameras are used in various sectors such as military and defense, aerospace, food inspection, industrial inspection, and telecommunications owing to growing automation. These cameras are available at low cost, thereby increasing their demand. Uncooled cameras are used in applications where accuracy is the prime concern. In terms of scanning technology, the global InGaAs camera market can be segmented into line scan camera and area scan camera. The line scan camera segment is anticipated to expand at a significant rate during the forecast period owing to the increasing use of line scan cameras in machine vision applications. Growing requirement for capturing fast moving objects is propelling the demand for line scan cameras. These cameras are also used in various applications such as semiconductors, silicon luminescence detection, food and beverages, noncontact thermal imaging of hot objects, and silicon wafer inspection. On the basis of applications, the global InGaAs camera market can be segmented as military and defense, industrial automation, surveillance, safety and security scientific research and others. Geographically, the global InGaAs camera market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is expected to dominate the market over the forecast period due to the presence of large number of InGaAs camera providers in the region. The market in Asia Pacific is expected to grow significantly owing to the higher industrial growth and economic developments.

The global InGaAs camera market is moderately consolidated by large number of participants. Some of the key players in the market include Hamamatsu, First Sensor, Luna, Lumentum, Laser Components, Jenoptik, Albis Optoelectronics Thorlabs, Sensors Unlimited, Teledyne Technologies, Fermionics Opto-Technology, FLIR Systems, Xenics, New Imaging Technologies, Raptor Photonics, Sofradir, Princeton Instruments, Episensors, Allied Vision Technologies, Photon, GPD Optoelectronics, IRCameras, QPHOTONICS, and AC Photonics.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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