October 05, 2020
According to the research report titled ‘GLOBAL HIGH-SPEED CAMERA MARKET 2019-2027’, available with Market Study Report, global high-speed camera market is reckoned to register a y-o-y growth rate of 7.04% CAGR between 2019 and 2027.
Advancements in the field of semiconductors coupled with easy availability of various optic and electronic components are key factors driving the growth of global high-speed camera market. Rising adoption of the product in manufacturing, defense, and aerospace sectors is further aiding the market expansion.
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It is to be noted that high-speed cameras capturing at over 1000 frames per second are used to record fast-moving objects. These recordings are then played back in slow motion to observe, measure, and analyze the phenomena. Extensive adoption of high-speed cameras by scientists and researchers in order to analyze and monitor fast moving artificial and natural phenomena is stimulating the industry outlook.
Further, increasing utilization of the product in ITS (Intelligent Transportation Systems) is favoring global high-speed camera market forecasts. However, factors such as limited storage availability and high costs of the product may inhibit the overall market expansion in the subsequent years.
By resolution scale, global high-speed camera industry is classified into greater than 5 megapixel, 2-5 megapixel, and 0-2 megapixel. As per spectrum range, the market is segmented into X-ray, infrared, and visible RGB.
In terms of frame rate, the market is categorized into 100000+ frames per second, 20000-100000 frames per second, 5000-20000 frames per second, and 1000-5000 frames per second. Moving on to component type, worldwide high-speed camera industry is split into fans & cooling, memory, lens, processors, image sensors, and others. The application landscape of the marketplace comprises of media & entertainment, healthcare, aerospace & defense, retail, automotive & transportation, and others.
From the regional perspective, worldwide high-speed camera market is bifurcated into Middle East & Africa, Latin America, North America, Europe and Asia-Pacific. The report claims that Middle East & Africa is estimated to develop as a major revenue generator during the study duration. Advancements in AI (artificial intelligence) technology along with inclination towards adopting smart technologies are favoring Middle East & Africa high-speed camera industry.
Optronis GmbH, Weisscam GmbH, Photron Ltd., DEL Imaging Systems LLC, Photometrics, High Speed Vision GmbH, Mikrotron GmbH, Lumenera Corporation, PCO AG, Laetus GmbH, iX Cameras Ltd., Integrated Design Tools Inc., Fastec Imaging Corporation, AOS Technologies AG, and AMETEK Inc. are key participants in global high-speed camera market.