April 29, 2021
According to the research report titled ‘Global High-Speed Camera Market 2019-2027’, available with Market Study Report LLC, global high-speed camera market is anticipated to record a compound annual growth rate of 7.04% through 2027.
Widespread adoption of product for research application, innovations in semiconductor technologies, and increasing availability of the latest optic and electronic components are bolstering the growth of global high-speed camera market. Additionally, rising use of high-speed cameras in intelligent transportation systems (ITS), along with growing opportunities from defense, aerospace, and manufacturing sector, are augmenting the market outlook.
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For the record, high speed cameras record objects moving at high speed at a frame rate of more than 1000 frames per second. These recordings are later played in slow motion to see and understand the phenomenon that are impossible to perceive with naked eyes. High speed cameras are used by researchers and scientists to study and observe high speed artificial and natural processes.
However, high cost of the cameras, and less storage capacity are impeding the expansion of worldwide high-speed camera industry.
Based on resolution, global high-speed camera market is segmented into greater than 5-megapixel, 2-5 megapixel and 0-2 megapixel. As per the light spectrum, the marketplace is classified into x-ray, infrared, and visible RGB.
According to frame rate, the industry is divided into 100000+ frames per second, 20000-100000 frames per second, 5000-20000 frames per second, and 1000-5000 frames per second. Speaking of component terrain, the market is fragmented into processors, image sensor, lens, fans & cooling, and memory among others. While application areas include automotive & transportation, healthcare, aerospace & defense, retail, and media & entertainment.
Moving on regional outlook, North America, Asia-Pacific, Europe, Middle East & Africa, and Latin America are significant contributors towards worldwide high-speed cameras market remuneration.
The report cites that Middle East & Africa is likely to hold significant market share by the year 2027, owing to increase in technological innovations and incorporation of AI in cameras.
Key contenders in global high-speed camera industry include HS Vision GmbH, AOS Technologies AG, AMETEK Inc., DEL Imaging Systems LLC, Fastec Imaging Corporation, Lumenera Corporation, LAETUS GmbH, iX Cameras Ltd., Mikrotron GmbH, Integrated Design Tools Inc., Weisscam GmbH, Photron, Teledyne Photometrics, PCO Imaging, and Optronis GmbH.