Development of HD Infrared Devices Contributing to Growth of IR Imaging Market: TechNavio

LONDON - Oct. 1, 2014 - PRLog -- TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global Infrared Imaging Market 2014-2018.

About Infrared Imaging Market

Infrared imaging systems are used to sense infrared radiation that is reflected or emitted by an object. An infrared camera detects radiation, converts it into an electric signal and processes it into an image. The Global Infrared Imaging Market is expected to grow at a CAGR of 9.53 percent from 2013-2018.

About the Report

The latest report by TechNavio focuses on the declining prices of infrared imaging systems. The decrease in the sensor size and use of low-cost imagers and optic technologies have led to the reduction of manufacturing costs, thus enabling vendors to provide infrared imaging systems at a lower price. Additionally, the report highlights the development of high definition infrared imaging cameras that is expected to propel the overall market growth.

“Vendors present in the market have started manufacturing infrared imaging cameras that can capture images or videos in high definition,” says Faisal Ghaus, Vice President of TechNavio.

Key Information Covered in the Report:

Market segmentation, size and forecast through 2018

Market Growth Drivers:

  -Decline in Price of Infrared Imaging Systems

  -For a full detailed list, view our report.

Market Challenges:

  -Inability to Function against Reflective Surfaces

  -For a full detailed list, view our report.

Market Trends:

  -Development of High Definition Infrared Imaging Cameras

  -For a full detailed list, view our report.

Key Vendors:

  -Axis Communications

  -FLIR Systems

  -Fluke Corporation

  -Samsung

If you are interested in more information on the Global Infrared Imaging Market 2014-2018 (http://www.technavio.com/report/global-infrared-imaging-m...), please contact our media team at media@technavio.com.

About TechNavio

TechNavio is a leading global technology research and advisory company. Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year. We cover more than 500 technologies across 80 countries.

We focus on emerging trends that can shape a market, and model these trends using a mix of quantitative and qualitative tools in our proprietary research methodologies in order to build forecasts across market segments and geographies. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a constantly changing technology market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Our analysts obtain the information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Our large and growing base of happy customers include technology suppliers, end users, consulting companies, investment firms, research institutes and media worldwide.

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