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The Global Infrared Imaging Market size is expected to reach $7.2 billion by 2023, rising at a market growth of 7.1% CAGR during the forecast period. The process of capturing and converting invisible infrared images into visible images is termed as infrared imaging. One of the major advantages of infrared light is, it can penetrate into those areas, where visible light cannot. The technology was initially developed by the military to produce binoculars, gun lights and night vision cameras, however, these devices are now used by various civilian agencies as well. Rapid technological expansion of high speed infrared cameras, with advanced features to measure thermal performances and evaluate relative severity of heat contributes to the growth of infrared imaging market.
Based on Wavelength, the Infrared Imaging market segments the market into Long-Wave Infrared, Mid-Wave Infrared, Shortwave Infrared, and Near Infrared.Based on Application, the market report segments the market into Security & Surveillance, Monitoring & Inspection, and Detection. Based on Technology, the Infrared Imaging market segments the market into Cooled Infrared Imaging and UnCooled Infrared Imaging. Based on Vertical, the Infrared Imaging market segments the market into Military & Defense, Aerospace, Automotive, Healthcare, Food & Beverages, Oil & Gas, Civil Infrastructure, Scientific Research, and Others. Based on Regions, the Infrared Imaging market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the competition analysis of key stake holders of the Global Infrared Imaging Market. Key companies profiled in the report include Flir Systems, Inc., Fortive (Fluke Corporation), Sensors Unlimited, Leonardo DRS, Axis Communications AB, Xenics, Opgal Optronic Industries Ltd., New Imaging Technologies, Allied Vision Technologies GmbH, and Sofradir.