LONDON--(BUSINESS WIRE)--The global indium gallium arsenide (InGaAs) camera market size is poised to reach USD 46.46 million by 2023, according to a new report by Technavio, progressing at a CAGR of 9% during the forecast period.
“Apart from the varied applications of these cameras, the adoption of InGaAs camera/sensors in HIS systems, its utilization in optical sorting, and growing use of machine vision systems are some of the major aspects expected to hugely boost the market growth during the forecast period,” says a senior analyst at Technavio. Request Free Sample Pages
The market is driven by the varied applications of InGaAs cameras. In addition, benefits of SWIR imaging is anticipated to further boost the indium gallium arsenide camera market growth during the forecast period.
A major application of InGaAs camera is spectroscopy as the camera is in-built with SWIR sensor and has a sensitivity from 900 to 1700 nm, which makes it a suitable component in a multisensory system for hyperspectral imaging. Moreover, InGaAs cameras utilize InGaAs sensors, which are capable of imaging within the SWIR waveband for a wide range of applications, such as in-line inspection, surveillance applications, and high-quality night vision.
InGaAs cameras are also used to detect temperature changes and are capable of working at higher temperatures, making it the most preferred choice for remote temperature mapping in various industrial conditions. Also, SWIR imaging also finds applications in examining the subsurface structure of paintings, which helps in confirming the artwork’s authenticity along with assisting in restoration. Such benefits of SWIR imaging are expected to support the expansion of the market during the forecast period.
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The report includes detailed profiles of the leading companies & prominent vendors of the market:
- 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 by Category:
The Indium Gallium Arsenide (InGaAs) Camera Market can be broadly categorized into the following cooling technologies:
- Uncooled camera
- Cooled camera
Key Regions for the Indium Gallium Arsenide (InGaAs) Camera Market:
Featuring a breakdown of region-wise market shares until 2019.
- North America
- South America
Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report
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