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InGaAs Camera Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Camera Cooling Technology, Scanning Type and Application

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    Report

  • 151 Pages
  • March 2022
  • Region: Global
  • The Insight Partners
  • ID: 5576262
UP TO OFF until Jun 30th 2023

InGaAs Camera Market is expected to reach US$ 183.35 Million by 2028

According to the latest research report titled 'InGaAs Camera Market Forecast to 2028 - COVID-19 Impact and Global Analysis,' the market is expected to grow from US$ 107.99 million in 2021 to US$ 183.35 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.



Rising Usage of Machine Vision Systems Drives Market Growth
Machine vision technology is used to provide imaging-based automatic inspection in various industries. This technology substitutes human visual sense and judgment capabilities with digital cameras and image processing to complement manual inspections and measurements. Different industries incorporate this technology to automate their production and improve product quality and speed. The rising demand for high-quality inspection and automation in various industries is driving the need for machine vision, eventually bolstering the InGaAs camera market.

Furthermore, the need for vision-guided robotic systems across the automotive, food & beverage, pharmaceutical & chemical, and packaging sectors is increasing the usage of machine vision systems globally and aiding the market. Industrial vision systems need more robustness, reliability, and stability than academic/educational vision system applications at a low cost.

Moreover, the demand for machine vision systems for 3D inspection and vision-guided robots is further driving the InGaAs camera market's growth. Increasing research and development and the launch of new products by InGaAs camera market players are also propelling the InGaAs camera market substantially. For example, Xenics NV offers a small, low-cost, uncooled InGaAs camera to increase the productivity of industrial machine vision systems. Thus, technological advancements in InGaAs cameras are driving the InGaAs camera market's growth.

The COVID-19 crisis has adversely affected various industries worldwide, and the global economy faced a slump in 2020 and 2021. The effects of COVID-19 pandemic on various economies differ based on the outbreak level in the specific countries. As a result, the prevalence of nation-wide lockdowns to minimize virus transmission has significantly disrupted the activities of supply chain and production of components, equipment, controller, and raw materials related to InGaAs cameras. The lockdown imposed restrictions on the industrial sector, which has reduced the production activities, declined the demand from end-user industries, and negatively affected the overall InGaAs camera market revenue between 2020 and 2021. The US has the highest military expenditure worldwide and is the major market for advance military technologies. In the post COVID-19 pandemic scenario, the military expenditure in US has witnessed a growth of nearly 4%. Moreover, the falling GDP is another factor negatively impacting the growth of the InGaAs camera market. The COVID-19 crisis has drastically impacted the operations across the value chain, from supplier networks to the customer delivery experience. In addition, the technology manufacturers observed a drop in deliveries for new technologies, cancelation or rescheduling of orders and delivery, labor shortage, and other factors that disrupted their businesses operations and increased the order backlogs, along with the disrupted supply chain, led to a decline in the growth of the InGaAs camera market. However, the pandemic has positively influenced the adoption of automation technology in various industries for contactless inspection of systems across the globe to comply with safety regulations and social distancing norms imposed by the respective governing body. However, from mid-2021, the supply chains of InGaAs camera players stabilized, and the InGaAs camera market began experiencing growth from 2022.

The growth of the InGaAs camera market is attributed to the rising military expenditure in economies such as the US, China, India, the UK, and Saudi Arabia; growing applications related to machine vision, industrial automation, and medical instruments; and high investments in scientific research for drug discovery. Additionally, owing to the border dispute between different economies and increasing tension in the South China Sea, governments in Asian countries allocate higher funds for their defense budget. Uncertainty concerning terrorist activities is a significant reason for the rising demand for integrated observation equipment, handheld thermal imagers, night vision equipment, and military laser systems. For instance, in 2019, Singapore spent almost US$ 10.66 billion on military expenditure, which increased to US$ 10.85 billion in 2020. The surge in terrorist attacks on many countries worldwide is one of the notable factors driving the demand for InGaAs cameras. All the factors mentioned above are fueling the growth of the InGaAs camera market.

Key Findings of Study


The global InGaAs camera market is segmented into five major regions - North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM). APAC holds a significant share in the global InGaAs camera market, owing to the higher awareness among the end users. The North American market is segmented into the US, Canada, and Mexico. With the increasing demand for high-quality and efficient electronic devices among Americans, OEMs are focusing aggressively on developing advanced technological devices. The North America InGaAs camera market is anticipated to grow in the coming years due to the presence of various prominent players in the military and defense, scientific research, and industrial automation sectors., such as Teledyne Technologies, FLIR Systems, and Sensors Unlimited. Sensors Unlimited is the leader of short-wave infrared InGaAs cameras, photodiodes, and arrays for night vision technology. The company works with the Department of Defense of the US on various projects through the Defense Advanced Research Projects Agency (DARPA) and the Night Vision Laboratory (NVL) of the US Army. Moreover, the rising demand for short-wave infrared (SWIR) cameras in machine vision applications and developing night vision technologies in various APAC countries, such as China and Japan, are also contributing to the InGaAs cameras market's growth. In addition, the presence of key InGaAs camera market players, such as Sensors Unlimited, Teledyne Technologies Incorporated, and Allied Vision Technologies GmbH, and continued product developments are projected to create lucrative opportunities for the InGaAs cameras market during the forecast period.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global InGaAs camera market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global InGaAs camera market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Frequently Asked Questions about the Global Ingaas Camera Market

What is the estimated value of the Global Ingaas Camera Market?

The Global Ingaas Camera Market was estimated to be valued at $107.99 Million in 2021.

What is the growth rate of the Global Ingaas Camera Market?

The growth rate of the Global Ingaas Camera Market is 7.9%, with an estimated value of $183.35 Million by 2028.

What is the forecasted size of the Global Ingaas Camera Market?

The Global Ingaas Camera Market is estimated to be worth $183.35 Million by 2028.

Who are the key companies in the Global Ingaas Camera Market?

Key companies in the Global Ingaas Camera Market include Hamamatsu Photonics K.K., Allied Vision Technologies GmbH, New Imaging Technologies, Pembroke Instruments, LLC, Polytec GmbH, Raptor Photonics Limited, Sensors Unlimited, Swir Vision Systems Inc., Xenics Nv. and Seiwa Optical America Inc..

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. InGaAs Camera Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia-Pacific - PEST Analysis
4.2.4 Middle East and Africa - PEST Analysis
4.2.5 South America - PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. InGaAs Camera - Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Penetration of InGaAs Cameras in Military and Defense Sector
5.1.2 Rising usage of machine vision systems
5.2 Market Restraints
5.2.1 Stringent Import and Export Regulations and High Cost of InGaAs
5.3 Market Opportunities
5.3.1 Increasing Penetration of Industrial Automation
5.4 Future Trends
5.4.1 Increasing Adoption of InGaAs Camera in Medical Instruments and Scientific Research
5.5 Impact Analysis of Drivers and Restraints
6. InGaAs Camera Market - Global Analysis
6.1 InGaAs Camera Market Global Overview
6.2 InGaAs Camera Market - Global Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. InGaAs Camera Market Analysis - By Scanning Type
7.1 Overview
7.2 InGaAs Camera Market, By Scanning Type (2020 and 2028)
7.3 Area Scan Camera
7.3.1 Overview
7.3.2 Area Scan Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Line Scan Camera
7.4.1 Overview
7.4.2 Line Scan Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
8. InGaAs Camera Market Analysis - By Camera Cooling Technology
8.1 Overview
8.2 InGaAs Camera Market, By Camera Cooling Technology (2020 and 2028)
8.3 Cooled Camera
8.3.1 Overview
8.3.2 Cooled Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Uncooled Camera
8.4.1 Overview
8.4.2 Uncooled Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
9. InGaAs Camera Market Analysis - By Application
9.1 Overview
9.2 InGaAs Camera Market, By Application (2020 and 2028)
9.3 Military and Defense
9.3.1 Overview
9.3.2 Military and Defense: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Industrial Automation
9.4.1 Overview
9.4.2 Industrial Automation: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Scientific Research
9.5.1 Overview
9.5.2 Scientific Research: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10. InGaAs Camera Market - Geographic Analysis
10.1 Overview
10.2 North America: InGaAs Camera Market
10.2.1 North America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: InGaAs Camera Market, By Scanning Type
10.2.3 North America: InGaAs Camera Market, By Camera Cooling Technology
10.2.4 North America: InGaAs Camera Market, By Application
10.2.5 North America: InGaAs Camera Market, By Country
10.2.5.1 United States: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 United States: InGaAs Camera Market, By Scanning Type
10.2.5.1.2 United States: InGaAs Camera Market, By Camera Cooling Technology
10.2.5.1.3 United States: InGaAs Camera Market, By Application
10.2.5.2 Canada: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: InGaAs Camera Market, By Scanning Type
10.2.5.2.2 Canada: InGaAs Camera Market, By Camera Cooling Technology
10.2.5.2.3 Canada: InGaAs Camera Market, By Application
10.2.5.3 Mexico: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: InGaAs Camera Market, By Scanning Type
10.2.5.3.2 Mexico: InGaAs Camera Market, By Camera Cooling Technology
10.2.5.3.3 Mexico: InGaAs Camera Market, By Application
10.3 Europe: InGaAs Camera Market
10.3.1 Europe: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: InGaAs Camera Market, By Scanning Type
10.3.3 Europe: InGaAs Camera Market, By Camera Cooling Technology
10.3.4 Europe: InGaAs Camera Market, By Application
10.3.5 Europe: InGaAs Camera Market, By Country
10.3.5.1 Germany: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 Germany: InGaAs Camera Market, By Scanning Type
10.3.5.1.2 Germany: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.1.3 Germany: InGaAs Camera Market, By Application
10.3.5.2 France: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 France: InGaAs Camera Market, By Scanning Type
10.3.5.2.2 France: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.2.3 France: InGaAs Camera Market, By Application
10.3.5.3 Italy: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: InGaAs Camera Market, By Scanning Type
10.3.5.3.2 Italy: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.3.3 Italy: InGaAs Camera Market, By Application
10.3.5.4 UK: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: InGaAs Camera Market, By Scanning Type
10.3.5.4.2 UK: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.4.3 UK: InGaAs Camera Market, By Application
10.3.5.5 Russia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: InGaAs Camera Market, By Scanning Type
10.3.5.5.2 Russia: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.5.3 Russia: InGaAs Camera Market, By Application
10.3.5.6 Rest of Europe: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: InGaAs Camera Market, By Scanning Type
10.3.5.6.2 Rest of Europe: InGaAs Camera Market, By Camera Cooling Technology
10.3.5.6.3 Rest of Europe: InGaAs Camera Market, By Application
10.4 Asia-Pacific: InGaAs Camera Market
10.4.1 Asia-Pacific: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.2 Asia-Pacific: InGaAs Camera Market, By Scanning Type
10.4.3 Asia-Pacific: InGaAs Camera Market, By Camera Cooling Technology
10.4.4 Asia-Pacific: InGaAs Camera Market, By Application
10.4.5 Asia-Pacific: InGaAs Camera Market, By Country
10.4.5.1 Australia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 Australia: InGaAs Camera Market, By Scanning Type
10.4.5.1.2 Australia: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.1.3 Australia: InGaAs Camera Market, By Application
10.4.5.2 China: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 China: InGaAs Camera Market, By Scanning Type
10.4.5.2.2 China: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.2.3 China: InGaAs Camera Market, By Application
10.4.5.3 India: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 India: InGaAs Camera Market, By Scanning Type
10.4.5.3.2 India: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.3.3 India: InGaAs Camera Market, By Application
10.4.5.4 Japan: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.4.1 Japan: InGaAs Camera Market, By Scanning Type
10.4.5.4.2 Japan: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.4.3 Japan: InGaAs Camera Market, By Application
10.4.5.5 South Korea: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.5.1 South Korea: InGaAs Camera Market, By Scanning Type
10.4.5.5.2 South Korea: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.5.3 South Korea: InGaAs Camera Market, By Application
10.4.5.6 Rest of Asia-Pacific: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of Asia-Pacific: InGaAs Camera Market, By Scanning Type
10.4.5.6.2 Rest of Asia-Pacific: InGaAs Camera Market, By Camera Cooling Technology
10.4.5.6.3 Rest of Asia-Pacific: InGaAs Camera Market, By Application
10.5 Middle East and Africa: InGaAs Camera Market
10.5.1 Middle East and Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5.2 Middle East and Africa: InGaAs Camera Market, By Scanning Type
10.5.3 Middle East and Africa: InGaAs Camera Market, By Camera Cooling Technology
10.5.4 Middle East and Africa: InGaAs Camera Market, By Application
10.5.5 Middle East and Africa: InGaAs Camera Market, By Country
10.5.5.1 South Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: InGaAs Camera Market, By Scanning Type
10.5.5.1.2 South Africa: InGaAs Camera Market, By Camera Cooling Technology
10.5.5.1.3 South Africa: InGaAs Camera Market, By Application
10.5.5.2 Saudi Arabia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 Saudi Arabia: InGaAs Camera Market, By Scanning Type
10.5.5.2.2 Saudi Arabia: InGaAs Camera Market, By Camera Cooling Technology
10.5.5.2.3 Saudi Arabia: InGaAs Camera Market, By Application
10.5.5.3 UAE: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 UAE: InGaAs Camera Market, By Scanning Type
10.5.5.3.2 UAE: InGaAs Camera Market, By Camera Cooling Technology
10.5.5.3.3 UAE: InGaAs Camera Market, By Application
10.5.5.4 Rest of Middle East and Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.4.1 Rest of Middle East and Africa: InGaAs Camera Market, By Scanning Type
10.5.5.4.2 Rest of Middle East and Africa: InGaAs Camera Market, By Camera Cooling Technology
10.5.5.4.3 Rest of Middle East and Africa: InGaAs Camera Market, By Application
10.6 South America: InGaAs Camera Market
10.6.1 South America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.6.2 South America: InGaAs Camera Market, By Scanning Type
10.6.3 South America: InGaAs Camera Market, By Camera Cooling Technology
10.6.4 South America: InGaAs Camera Market, By Application
10.6.5 South America: InGaAs Camera Market, By Country
10.6.5.1 Brazil: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: InGaAs Camera Market, By Scanning Type
10.6.5.1.2 Brazil: InGaAs Camera Market, By Camera Cooling Technology
10.6.5.1.3 Brazil: InGaAs Camera Market, By Application
10.6.5.2 Argentina: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: InGaAs Camera Market, By Scanning Type
10.6.5.2.2 Argentina: InGaAs Camera Market, By Camera Cooling Technology
10.6.5.2.3 Argentina: InGaAs Camera Market, By Application
10.6.5.3 Rest of South America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of South America: InGaAs Camera Market, By Scanning Type
10.6.5.3.2 Rest of South America: InGaAs Camera Market, By Camera Cooling Technology
10.6.5.3.3 Rest of South America: InGaAs Camera Market, By Application
11. InGaAs Camera Market - COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 APAC: Impact Assessment of COVID-19 Pandemic
11.5 MEA: Impact Assessment of COVID-19 Pandemic
11.6 SAM: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
13. Company Profiles
13.1 Allied Vision Technologies GmbH
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Hamamatsu Photonics K.K.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 New Imaging Technologies (NIT)
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Pembroke Instruments, LLC
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Polytec GmbH.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Raptor Photonics Limited
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Seiwa Optical America Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Sensors Unlimited, (Collins Aerospace Company)
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Xenics nv.
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 SWIR Vision Systems
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Word Index
List of Tables
Table 1. InGaAs Camera Market - Revenue, and Forecast to 2028 (US$ Million)
Table 2. North America InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 4. North America InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 5. United States InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 6. United States InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 7. United States InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe InGaAs Camera Market, By Application- Revenue and Forecast to 2028 (US$ Million)
Table 17. Germany InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 18. Germany InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 19. Germany InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 20. France InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 21. France InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 22. France InGaAs Camera Market, By Application- Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 26. UK InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 27. UK InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 28. UK InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 35. Asia-Pacific InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 36. Asia-Pacific InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 37. Asia-Pacific InGaAs Camera Market, By Application- Revenue and Forecast to2028 (US$ Million)
Table 38. Australia InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 39. Australia InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 40. Australia InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 41. China InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 42. China InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 43. China InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 44. India InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 45. India InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 46. India InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 47. Japan InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 48. Japan InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 50. South Korea InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 51. South Korea InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 52. South Korea InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of Asia-Pacific InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of Asia-Pacific InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 55. Rest of Asia-Pacific InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 56. Middle East and Africa InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 57. Middle East and Africa InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 58. Middle East and Africa InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 59. South Africa InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 60. South Africa InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 61. South Africa InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 62. Saudi Arabia InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 63. Saudi Arabia InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 64. Saudi Arabia InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 65. UAE InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 66. UAE InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 67. UAE InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 68. Rest of Middle East and Africa InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of Middle East and Africa InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 70. Rest of Middle East and Africa InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 71. South America InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 72. South America InGaAs Camera Market, By Camera Cooling Technology- Revenue and Forecast to 2028 (US$ Million)
Table 73. South America InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 74. Brazil InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 75. Brazil InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 76. Brazil InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 77. Argentina InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 78. Argentina InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 79. Argentina InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 80. Rest of South America InGaAs Camera Market, By Scanning Type - Revenue and Forecast to 2028 (US$ Million)
Table 81. Rest of South America InGaAs Camera Market, By Camera Cooling Technology - Revenue and Forecast to 2028 (US$ Million)
Table 82. Rest of South America InGaAs Camera Market, By Application - Revenue and Forecast to 2028 (US$ Million)
Table 83. List of Abbreviation
List of Figures
Figure 1. InGaAs Camera Market Segmentation
Figure 2. InGaAs Camera Market Segmentation - By Geography
Figure 3. Global InGaAs Camera Market Overview
Figure 4. Area Scan Camera Segment Held the Largest Market Share in 2020
Figure 5. Industrial Automation Segment Held the Largest Market Share in 2020
Figure 6. North America was the Largest Revenue Contributor in 2020
Figure 7. North America - PEST Analysis
Figure 8. Europe - PEST Analysis
Figure 9. Asia-Pacific - PEST Analysis
Figure 10. Middle East and Africa - PEST Analysis
Figure 11. South America - PEST Analysis
Figure 12. InGaAs Camera Market- Ecosystem Analysis
Figure 13. Expert Opinion
Figure 14. InGaAs Camera Market: Impact Analysis of Drivers and Restraints
Figure 15. Geographic Overview of InGaAs Camera Market
Figure 16. Global InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. InGaAs Camera Market Revenue Share, by Scanning Type (2020 and 2028)
Figure 18. Area Scan Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Line Scan Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. InGaAs Camera Market Revenue Share, by Camera Cooling Technology (2020 and 2028)
Figure 21. Cooled Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Uncooled Camera: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. InGaAs Camera Market Revenue Share, by Application (2020 and 2028)
Figure 24. Military and Defense: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Industrial Automation: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Scientific Research: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Global InGaAs Camera Market Revenue Share, By Region (2020 & 2028)
Figure 28. North America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America: InGaAs Camera Market Revenue Share, By Scanning Type (2020 and 2028)
Figure 30. North America: InGaAs Camera Market Revenue Share, By Camera Cooling Technology (2020 and 2028)
Figure 31. North America: InGaAs Camera Market Revenue Share, By Application (2020 and 2028)
Figure 32. North America: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)
Figure 33. United States: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Canada: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Mexico: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Europe: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. Europe: InGaAs Camera Market Revenue Share, By Scanning Type (2020 and 2028)
Figure 38. Europe: InGaAs Camera Market Revenue Share, By Camera Cooling Technology (2020 and 2028)
Figure 39. Europe: InGaAs Camera Market Revenue Share, By Application (2020 and 2028)
Figure 40. Europe: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)
Figure 41. Germany: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 42. France: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 43. Italy: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 44. UK: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 45. Russia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 46. Rest of Europe: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 47. Asia-Pacific: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 48. Asia-Pacific: InGaAs Camera Market Revenue Share, By Scanning Type (2020 and 2028)
Figure 49. Asia-Pacific: InGaAs Camera Market Revenue Share, By Camera Cooling Technology (2020 and 2028)
Figure 50. Asia-Pacific: InGaAs Camera Market Revenue Share, By Application (2020 and 2028)
Figure 51. Asia-Pacific: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)
Figure 52. Australia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 53. China: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 54. India: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 55. Japan: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 56. South Korea: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 57. Rest of Asia-Pacific: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 58. Middle East and Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 59. Middle East and Africa: InGaAs Camera Market Revenue Share, By Scanning Type (2020 and 2028)
Figure 60. Middle East and Africa: InGaAs Camera Market Revenue Share, By Camera Cooling Technology (2020 and 2028)
Figure 61. Middle East and Africa: InGaAs Camera Market Revenue Share, By Application (2020 and 2028)
Figure 62. Middle East and Africa: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)
Figure 63. South Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 64. Saudi Arabia: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 65. UAE: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 66. Rest of Middle East and Africa: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 67. South America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 68. South America: InGaAs Camera Market Revenue Share, By Scanning Type (2020 and 2028)
Figure 69. South America: InGaAs Camera Market Revenue Share, By Camera Cooling Technology (2020 and 2028)
Figure 70. South America: InGaAs Camera Market Revenue Share, By Application (2020 and 2028)
Figure 71. South America: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)
Figure 72. Brazil: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 73. Argentina: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 74. Rest of South America: InGaAs Camera Market - Revenue and Forecast to 2028 (US$ Million)
Figure 75. Impact of COVID-19 Pandemic on Market in North American Countries
Figure 76. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 77. Impact of COVID-19 Pandemic in APAC Country Markets
Figure 78. Impact of COVID-19 Pandemic in MEA Country Markets
Figure 79. Impact of COVID-19 Pandemic in SAM Country Markets

Executive Summary

The InGaAs camera market was valued at US$ 107.99 million in 2021 and is expected to reach US$ 183.35 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028.

The penetration of Industry 4.0 has increased automation in various verticals that allow companies to capture the long-term value from their operations, reduce human involvement and waste, increase flexibility, and optimize the decision-making process. In addition, the emergence of connected enterprises, government initiatives to support industrial automation, and the uptake of emerging technologies, such as IoT and AI, in industrial environments is expected to propel automated industries during the forecast period. Thus, the rising uptake of industrial automation is likely to increase the demand for InGaAs cameras for machine vision and create an opportunity for the InGaAs camera market in the years to come. Moreover, these InGaAs cameras help improve the accuracy of manufacturing operations, thereby reducing the cost and increasing the productivity and quality of the production process. The increasing emphasis on industrial automation is expected to boost the InGaAs camera market soon. InGaAs cameras used in the industrial automation system can image objects in the short-wave infrared (SWIR) range and attract interest in the food & beverages, pharmaceuticals, and other industries. The SWIR imaging with InGaAs-based cameras is well suited to non-destructive identification of materials, their composition, coatings, and other characteristics. Thus, the rising uptake of InGaAs cameras in the industrial sector is projected to contribute significantly to the InGaAs camera market's growth over the next few years.

Moreover, due to the advancements in technology, North America has been highly competitive, with the US being a developed country accepting modern technology electronic devices. The region has several technological giants that invest significant amounts in developing advanced technologies. With the increasing demand for high-quality and efficient electronic devices among Americans, OEMs focus on developing advanced technological devices. The North America InGaAs camera market is anticipated to grow in the coming years due to the presence of prominent players in military and defense, scientific research, and industrial automation, such as Teledyne Technologies, FLIR Systems, and Sensors Unlimited, Moreover, according to the World Bank collection of development indicators, the military expenditure in the US was around 3.74 % of its GDP in 2020, which is compiled from officially recognized sources. Therefore, the increasing spending on military and defense is further expected to propel the market in North America during the forecast period.

The COVID-19 pandemic had a significant impact on the electronics & semiconductors industry in 2020. France, Russia, and the UK have seen a comparatively modest decrease in their development activities across the security sector in 2020. With a negative economic growth rate in 2020, the European economy is projected to contract. The imbalance in the demand and supply side of security and surveillance solutions negatively impacted the InGaAs camera market in 2020 and 2021. However, the requirement of continuous surveillance for military operations has driven the market across European countries. Moreover, some countries across Europe are also disclosing their plans for the acquisition and investments in defense technologies across their respective armed forces, which is also expected to aid in the InGaAs camera market growth during the forecast period. Moreover, most of the Asia Pacific countries have lost a lot of revenues from their respective defense companies. For instance, Indian defense companies had already lost ~ US$ 3 billion in revenues between March and May in FY 2020, which has also affected 100 large defense firms and nearly 4,000 small and medium aerospace and defense businesses. Additionally, the labor shortage in these countries has hindered the manufacturing sector. However, increase in the advancement of military technology and high penetration of industrial automation post COVID-19 pandemic scenario would bolster the growth of the InGaAs camera market during the forecast period.

The InGaAs camera market is segmented on the basis of camera cooling technology, scanning type, and application. Based on camera cooling technology, the market is segmented into uncooled camera and cooled camera. In 2021, the uncooled camera segment led the market and accounted for a larger market share. Based on scanning type, the market is segmented into area scan camera and line scan camera. In 2021, the area scan camera segment led the market and accounted for a larger market share. Based on application, the InGaAs camera market is segmented into military & defense, industrial automation, and scientific research. In 2021, the industrial automation segment led the market and accounted for the largest market share. Geographically, the InGaAs camera market is broadly segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South and Central America (SAM). In 2021, APAC accounted for a significant share in the global market.

Hamamatsu Photonics K.K.; Allied Vision Technologies GmbH; New Imaging Technologies; Pembroke Instruments, LLC; Polytec GmbH; Raptor Photonics Limited; Sensors Unlimited; SWIR Vision Systems Inc.; and Xenics N.V. are among the key players operating in the global InGaAs camera market and profiled in the market study

The overall global InGaAs camera market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the InGaAs camera market. The process also serves the purpose of obtaining an overview and forecast for the InGaAs camera market with respect to all the segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the InGaAs camera market.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Hamamatsu Photonics K.K.
  • Allied Vision Technologies GmbH
  • New Imaging Technologies
  • Pembroke Instruments, LLC
  • Polytec GmbH
  • Raptor Photonics Limited
  • Sensors Unlimited
  • Swir Vision Systems Inc.
  • Xenics Nv.
  • Seiwa Optical America Inc.