The global InGaAs camera market size reached US$ 116.5 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 172.9 Million by 2028, exhibiting a growth rate (CAGR) of 6.9% during 2023-2028.
An InGaAs camera is an optical instrument made using an alloy of indium arsenide (InAs) and gallium arsenide (GaAs). It is a dark-noise-limited device with a lower bandgap that avoids unwanted fluorescence backgrounds and investigates deeply into sample surfaces. It enables researchers to work at longer wavelengths in the near-infrared (NIR) and shortwave infrared (SWIR) regions of the spectrum. Consequently, it finds wide applications in the nanotube fluorescence, emission, absorption, small animal imaging, nondestructive testing, and singlet oxygen detection. Apart from this, it is extensively utilized in several industrial applications for humidity measurements, surface film distributions, and the separation of materials.
InGaAs Camera Market Trends:
At present, there is an increase in the utilization of InGaAs cameras in industrial automation across the globe. This can be attributed to the rising usage of machine vision systems that rely on these cameras for capturing and analyzing images. Additionally, InGaAs cameras are increasingly being deployed in vision-guided robots to improve their effectiveness and overall value for the business. Besides this, they are small, uncooled, lightweight and offer high-quality night vision, attached covert eye-safe lasers, target recognition, and sensitivity to nightglows. As they can also see reflected light and provide close representations of what is seen in the visible spectrum compared to long-wavelength infrared (LWIR) and mid-wave infrared (MWIR) images, they find a wide array of applications in the defense and military sector worldwide. Furthermore, they are employed in the food and beverage (F&B) industry on account of their ability to sort and recycle waste and remove extraneous vegetable matter and foreign materials from fresh and frozen vegetables. This, along with the growing utilization of InGaAs cameras in the semiconductor industry, is impelling the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global InGaAs camera market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on scanning type, cooling technology and application.
Breakup by Scanning Type:
- Area Scan Camera
- Line Scan Camera
Breakup by Cooling Technology:
- Uncooled Camera
- Cooled Camera
Breakup by Application:
- Military and Defense
- Industrial Automation
- Surveillance, Safety and Security
- Scientific Research
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albis Optoelectronics AG (Enablence Technologies Inc.), Allied Vision Technologies GmbH (TKH Group N.V.), First Sensor AG (TE Connectivity Ltd.), Hamamatsu Photonics K.K., Jenoptik AG, Laser Components, Lumentum Holdings Inc., Luna Innovations Incorporated, New Imaging Technologies (NIT), Raptor Photonics Limited, Sensors Unlimited (Raytheon Technologies Corporation), Teledyne Technologies Incorporated, Thorlabs Inc. and Xenics.
|Base Year of the Analysis
||Scanning Type, Cooling Technology, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Albis Optoelectronics AG (Enablence Technologies Inc.), Allied Vision Technologies GmbH (TKH Group N.V.), First Sensor AG (TE Connectivity Ltd.), Hamamatsu Photonics K.K., Jenoptik AG, Laser Components, Lumentum Holdings Inc., Luna Innovations Incorporated, New Imaging Technologies (NIT), Raptor Photonics Limited, Sensors Unlimited (Raytheon Technologies Corporation), Teledyne Technologies Incorporated, Thorlabs Inc. and Xenics
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Key Questions Answered in This Report:
- How has the global InGaAs camera market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global InGaAs camera market?
- What are the key regional markets?
- What is the breakup of the market based on the scanning type?
- What is the breakup of the market based on the cooling technology?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global InGaAs camera market and who are the key players?
- What is the degree of competition in the industry?