COOLED IR CAMERA MARKET

KEY FINDINGS

• The continuous improvements in detector technology, optics, and cooling systems are enabling the development of more sensitive, higher-resolution, and more compact cooled IR cameras. This is opening up new application areas and driving market growth.
• The military and defense sectors remain major drivers due to the increasing demand for advanced target acquisition, surveillance, night vision, and border security solutions. The enhanced capabilities of cooled IR cameras make them ideal for these critical applications.
• Industrial applications like predictive maintenance, quality control, and process monitoring are emerging as new revenue streams as cooled IR cameras can detect minute temperature variations and potential issues before they escalate.
• Cooled IR cameras are generally more expensive and complex compared to uncooled IR cameras, limiting their adoption in certain cost-sensitive applications.
• The rising demand for thermal analysis and non-destructive testing in various industries, such as aerospace, automotive, and energy, was driving the adoption of cooled IR cameras.
• Regions like Asia-Pacific and the Middle East are expected to experience significant growth in the cooled IR camera market due to increasing defense spending and industrial development. This is creating new revenue opportunities in the market
• For applications requiring focal lengths below 350mm, uncooled IR cameras have a cost advantage due to their lower system cost (core plus lens) compared to cooled IR camera systems. Limiting adoption in cost-sensitive applications
• Even though the cost of a cooled camera core is much higher than an uncooled core, the system cost (core plus lens) for uncooled surpasses the cooled system cost at a focal length on the order of 350mm.
• Useful imaging of man-sized targets at multi-km ranges requires focal lengths that exceed 350mm. Therefore, multi-km imaging of man-sized targets is less expensive with a cooled camera system, at least for the initial system cost. 
• The integration of cryocoolers with imaging sensors in modern cooled IR cameras, enabling cryogenic temperature reduction of the sensor, is a key technological advancement that enhances image quality and noise reduction capabilities, driving adoption and growth in the global cooled IR camera market.

COOLED IR CAMERA MARKET OVERVIEW

The widespread product adoption in security and surveillance applications across the globe is creating a positive outlook for the cooled IR cameras market. In line with this, governments of various nations are introducing new technologies and strategies to ensure public safety and security due to the surge in terrorist attacks, antisocial behavior, and crime rates, which, in turn, is acting as another growth-inducing factor.

Additionally, the increasing product utilization in homeland security, perimeter surveillance, defense, and enforcement fields, as it offers enhanced features, such as superior aiming capabilities, excellent performance, and high reliability on the fields, is favoring the market growth.

Moreover, the increasing demand for cooled IR cameras over uncooled IR cameras due to their ability to efficiently perform spectral filtering to uncover details and take measurements is facilitating market growth.

Other factors, including rising product demand in the military industry for continual and rigorous surveillance, rising expenditure capacities of consumers, and extensive research and development (R&D) activities, are anticipated to drive market growth.

INTRODUCTION TO COOLED IR CAMERA MARKET

Infrared cameras detect this radiation, not requiring visible light, and therefore can operate in complete darkness. In contrast, night vision devices use the Near Infrared (NIR) spectrum and require some visible light to produce an image.

Cooled IR imaging cameras use an integrated cryogenic cooler, which chills the thermal image core to temperatures as low as -196°C (-321°F)  to increase the sensitivity and accuracy of the thermal image. Cooled thermal cameras see longer ranges than uncooled cameras as their greater sensitivity allows for bigger lenses (which are less efficient than the shorter lenses used with uncooled cameras).

The higher performance of cooled thermal cameras comes at a higher cost than standard uncooled LWIR cameras.

COOLED IR CAMERA MARKET TRENDS

• Manufacturers are continuously working on improving the performance and sensitivity of cooled IR cameras, as well as developing more efficient and compact cooling systems. They are focused on developing advanced detector materials, optimizing optics, and improving cooling system efficiency. These efforts aim to deliver higher resolution, increased thermal sensitivity, and better image quality, enabling cooled IR cameras to capture finer details and temperature variations. 
• Superior Cryogenic Cooling Capabilities: The cryogenic cooling technology employed in cooled IR cameras offers significantly better sensitivity compared to uncooled systems. By lowering the sensor temperature to cryogenic levels, cooled IR cameras can distinguish between much smaller temperature differences, enabling them to detect minute thermal variations that would otherwise be imperceptible.  
• The demand for compact and portable cooled IR cameras has increased significantly in recent times, majorly due to applications such as unmanned aerial vehicles (UAVs), handheld surveillance, and field research. Compact and lightweight designs are essential for these applications, as they enable easier integration, mobility, and deployment in remote or space-constrained environments. 
• Scientific research and analysis have also increased the demand for cooled IR cameras in recent times. These cameras are invaluable tools for studying thermal phenomena, conducting non-destructive testing, and analyzing materials and processes with high precision. 

COOLED IR CAMERA MARKET SIZE AND FORECAST

The Cooled  IR Camera Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

COOLED IR CAMERA MARKET NEW PRODUCT LAUNCH

• FLIR, a Teledyne Technologies company, recently announced the FLIR A6301, a cooled-core longwave thermal imaging camera designed for 24/7 inspection and automation applications. It aims to make production lines more efficient and improve product quality.

• Telops’s Hyper-Cam Mini xLW – The Hyper-Cam Mini xLW is an advanced compact IR hyperspectral imaging system that combines high spatial, spectral and temporal resolution for remote detection, identification, and quantification. It features small Size, Weight, and Power (SWaP) & high sensitivity over an expanded spectral range.

• Xenics ( Exosens group) Wildcat 640 Series – Wildcat 640 series is based on an in-house developed, temperature stabilized InGaAs detector with a 640 x 512 pixel resolution. The Wildcat 640 cameras are offered with high frame of up to 220 Hz. The camera comes with a CameraLinkTM or USB3 Vision interface and features low weight and power. The Wildcat 640 is suitable for SWIR hyperspectral imaging, semiconductor inspection and laser beam analysis.

COOLED IR CAMERA MARKET KEY PLAYERS

• InfraTec GmbH
• SJ Electronics
• Argus Information Technology Co., Lt
• Shenzhen Dianyang Technology Co.,
• axiom optics
• Lynred USA

COOLED IR CAMERA MARKET SEGMENTATION

By Geography

• North America
• Europe
• China
• Asia Ex China
• ROW

By End-user

• Defense and Military
• Industrial
• Commercial Surveillance
• Automotive
• Others

By Wavelength

• Long-Wave Infrared (LWIR)
• Mid-Wave Infrared (MWIR)
• Others

By Application

• Pipeline Inspection
• Surveillance System
• Industrial Inspection
• Automotive Inspection
• Other

COOLED IR CAMERA MARKET REPORT WILL ANSWER THE FOLLOWING QUESTION

1. What is the average cost per global cooled IR Camera right now and how will it change in the next 5-6 years?
2. Average B2B price for  global cooled IR Camera in the US, Europe, and China?
3. How many global cooled IR Camera  are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. Key driver for Cooled IR Camera market?
5. Cost breakup of a global cooled IR Camera  and key vendor selection criteria
6. Where is the global cooled IR Camera manufactured? What is the average margin per equipment?
7. Market share of global cooled IR Camera  manufacturers and their upcoming products
8. Technological advancement in cooled IR Camera market
9. New product development and launch in global cooled IR Camera market
10. 5 key predictions for next 5 years in global cooled IR Camera market
11. Increase demand from various industries for Cooled IR Camera
12. Latest trends in the global cooled IR Camera market by every market segment
13. The market size (both volume and value) of the global cooled thermal imager market in 2024-2030 and every year in between?
14. Global production breakup of global cooled thermal imager market, by suppliers and their OEM relationship
15. Competetive landscape of the global cooled IR Camera market
16. Growth strategy from major player in global Cooled IR Camera market
17. Unmnet needs and opportunity in the market for new vendor