Infrared Camera Market
The Global Infrared Camera Market is estimated to grow at a CAGR of 8.7% during the forecast period 2020-2026. The market research study presents that the infrared camera industry accounted $744.8 million in the year 2019 and is estimated to reach $1.37 billion by the end of the year 2026. As per the analyst viewpoint, the cooled IR cameras in the technology segment is estimated to grow at the fastest growth rate with a CAGR of 10.6% during the forecast period 2019-2026. The segmentation growth is attributed to superior image quality offered by cooled IR cameras. Similarly, the commercial surveillance of the end use segment is the fastest growing segment with a CAGR of 12.6% during 2019-2026, due to growth in implementation of mid-range and long-range surveillance in the commercial end use industry.