According to MarketsandMarkets’ "InGaAs Camera Market by Camera Cooling technology, Scanning Type, Application, and Geography - Global Forecast to 2023", the InGaAs camera market is expected to be valued at $132.6 Million by 2023 up from $78.5 Million in 2017, at a CAGR of 9.1% between 2017 and 2023. The major factors driving the growth of the InGaAs camera market include high demand for line scan InGaAs cameras for machine vision applications, high penetration of InGaAs cameras in military and defense, and increasing demand for InGaAs cameras in security, surveillance, and firefighting.
Uncooled cameras expected to hold the largest market share by 2023
Line scan cameras expected to grow at the highest rate between 2017 and 2023
North America expected to hold the largest share of the InGaAs camera market during the forecast period
The report also profiles the most promising players in the InGaAs camera market. This large number of players includes Hamamatsu (Japan), First Sensor (Germany), Jenoptik (Germany), Teledyne Technologies (US), Luna (US), Lumentum (US), Laser Components (Germany), Albis Optoelectronics (Switzerland), Thorlabs (US), Sensors Unlimited (US), FLIR Systems (US), Xenics (Belgium), New Imaging Technologies (France), Allied Vision Technologies (Germany), Raptor Photonics (UK), Sofradir (France), Princeton Instruments (US), Photon (Canada), Fermionics Opto-Technology (US), AC Photonics (US), GPD Optoelectronics (US), New England Photoconductor (US), QPHOTONICS (US), Episensors (US), and IRCameras (US).
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