What to expect from the Near Infrared Imaging Sensors Market? Know what is the worth of this Market?

Near Infrared Imaging Sensors Market by Current Industry Status, Growth Opportunities, Top Key Players, and Forecast to 2027

Near infrared imaging sensors enhance the capabilities of traditional machine vision systems. Machine vision systems, termed as ‘eye of the machines’, enable the machines to capture and process image based information of real world objects for the purposes of inspection, process control and automatic guidance. These machine vision systems encompasses a set of digital sensors, coupled with cameras or lasers, collaboratively working through a software programmed for acquiring image based data. The basic principle of operation in machine vision systems is detection of object by sensor followed by triggering transmission of light or laser beams on the object which are then returned to camera or sensor for generation of image data. Near infrared imaging systems work on the similar principle which makes them suitable for these industrial applications. Owing to this, major industry players providing machine vision solutions are incorporating near infrared technologies in their offerings. For instance, FLIR Systems, Inc. provides a wide range of machine vision cameras which include near infrared cameras such as Blackfly Board, Grasshopper3 and other such variants. These cameras incorporate SONY IMX273 and SONY ICX834 sensors respectively, which support detection of near infrared radiations. These upgraded machine vision systems are generating high demand in the global near infrared imaging sensors market.

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Beyond conventional industrial applications, machine vision systems also have a huge demand across commercial applications which is further anticipated to heighten the demand for near infrared imaging sensors market. The most prominent commercial applications of near infrared imaging sensor based machine vision is autonomous vehicles and advanced driver assist systems (ADAS). Near infrared imaging sensors takes clear images of surroundings, independent of their heat, for ADAS to function properly, even at night. These better and farther vision capabilities of near infrared imaging in low-light or no-light conditions with minimal battery power consumption makes them a viable option for semi-autonomous or full autonomous vehicles. Recently, Semiconductor Components Industries, LLC announced a portfolio of near infrared imaging CMOS sensors for automotive applications at AutoSens Conference in Detroit in May 2019. Similarly, OmniVision Technologies, Inc. provides CMOS sensor OmniPixel 3-GS for advanced imaging in ADAS applications. These applications are anticipated to generate high demand in global near infrared imaging sensors market in future years amidst the U.S and European government regulations to  incorporate some form of ADAS in all the vehicles. Additionally, the recent outbreak of COVID-19 pandemic is anticipated to further propel the growth of global infrared imaging market by heightening the application of machine vision systems in healthcare sector for medical, microscopy, and life science applications.

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The detailed research study provides qualitative and quantitative analysis of near infrared imaging sensors market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

Key Findings of the Report:

  • The global near infrared imaging sensor market was valued at US$ 5,283.9 Mn in 2018 and is anticipated to grow to US$ 10,765 Mn by 2027 at a CAGR of 8.3%.
  • Large organizations are anticipated witness high growth rate in global near infrared imaging sensors market over forecast years owing to the incorporation of near infrared imaging sensors in industrial automation.
  • Forensics Analysis is anticipated to generate high demand for near infrared imaging for determination of ignitable liquids, counterfeit product identification, illegal tree cutting and others such applications.
  • Asia Pacific region accounted for highest market share in global near infrared imaging sensors market in 2018 and is expected to register the highest compound annual growth rate (CAGR) over the period of next eight years owing to the high demand across consumer electronics, automotive and healthcare sectors
  • Some of the players operating in the near infrared imaging sensors market are ams AG, Himax Technologies, Inc., IMEC Inc., OmniVision Technologies, Inc., Radiant Vision Systems, LLC, Semiconductor Components Industries, LLC and Sony Semiconductor Solutions Corporation amongst others.

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Global Near Infrared Imaging Sensors Market:

  • By Organization Size
  • Small and Medium Organizations
  • Large Organizations
  • By End Use
  • Healthcare
  • In Vivo Imaging
  • Oncology
  • Cardiovascular
  • Gastrointestinal
  • Reconstructive or Plastic Surgery
  • Others
  • Automotive
  • Short Range Automotive LiDAR
  • Long Range Automotive LiDAR
  • Others
  • Aerospace and Defense
  • Night Vision
  • Security Cameras
  • Others
  • Consumer Electronics and Commercial Applications
  • Mobile Phones
  • AR / VR
  • Drones
  • Tablets and Notebooks
  • Others
  • Forensic Analysis
  • Agriculture
  • Multispectral and Hyperspectral Images
  • Visual and Spatial Information
  • Pharmaceuticals
  • Others
  • By Region
  • North America
  • S
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Finland
    • Iceland
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of Middle East & Africa
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

 

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