Published Date: 3-Feb-2021
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According to a new report Global High-speed Camera Market, published by KBV research, The Global High-Speed Camera Market size is expected to reach $854.1 Million by 2026, rising at a market growth of 11.9% CAGR during the forecast period.
The Automotive & Transportation market dominated the Global High-speed Camera Market by Application 2019. The Entertainment & Media market is showcasing a CAGR of 10.3% during (2020 - 2026). Additionally, The Research, Design, & Testing Laboratories market is expected to witness highest CAGR of 12.4% during (2020 - 2026). Applications such as production line maintenance, monitoring, and troubleshooting require high-speed cameras. These cameras produce images with high-quality that are good enough to detect errors and are able to monitor production lines in industrial manufacturing plants. These cameras are more cost-efficient and have a resolution of >5 MP.
The Visible RGB market dominated the Global High-speed Camera Market by Spectrum 2019, growing at a CAGR of 10.7 % during the forecast period. The Infrared market is estimated to witness a CAGR of 12.5% during (2020 - 2026). Additionally, The X-ray market would exhibit highest CAGR of 13.2% during (2020 - 2026).
Asia-Pacific is one of the fastest-growing market of high-speed cameras owing to increased adoption of these cameras in numerous industries including healthcare, food & beverages, automotive, and consumer electronics. The high-speed cameras are used to analyze, predictive maintenance, troubleshoot, machinery diagnostics, etc. India, China, and Japan are likely to contribute significantly to the growth of the high-speed camera market in Asia-pacific. Europe is likely to show healthy growth in the high-speed camera market due to the increasing adoption of industry standards. These cameras increase the productivity of manufacturing industries at the mean it also maintains constant quality and reduces the time period of production.
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Ametek, Inc. (Vision Research), Photron Limited (IMAGICA Group, Inc.), Baumer Holding AG, NAC Image Technology, Inc., Mikrotron GmbH (Tattile Srl), Optronis GmbH, DEL Imaging Systems LLC, AOS Technologies AG (ConvergeOne Holdings Corp), Fastec Imaging Corporation and Xcitex, Inc.
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