The Image Intensifier Units Market is forecast to grow from USD 6.98 Billion in 2020 to USD 10.46 Billion by 2028, at a CAGR of 5.2%, during the forecast period. Advancements in technology which is increasing the utilization high speed imagingis the major driving factor of the market.
An image intensifier is a device which is used to identify objects and images by a camera at significant low level light or can be detected with human eyes. It consists of a vacuum tube with numerous conversion and multiplication screens. They were primarily developed for night-time viewing and surveillance under moonlight.
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Further key findings from the report suggest
- The Image Intensifier Units Market is forecast to grow from USD 6.20billion in 2020 to USD 10.46 Billion by 2028, at a CAGR of 5.2%, during the forecast period. Advancements in technology which is increasing the utilization high speed imaging is the major driving factor of the market.
- Based on Category, the market is divided as Gen 0, Gen 1, Gen 2, Gen 3 and Gen 4. The Gen 3 is expected to drive the market with aa CAGR of 5%, as the photo response of the Gen 3 intensifier is much better than other categories of image intensifiers. Gen 3 intensifiers are very strong and generally durable.
- Based on Applications, the market is segmented as LIBS, Bio luminance, Combustion, PIV, and LIF. The LIF system is expected to drive the market. It has high-speed imaging and laser technology for handling rapid analysis of the turbulent combustion processes. Flame front visualization with the use of LIF is performed at frame rates high enough to capture the fast dynamics in a variety of combustion applications, such as ignition phenomena, flame propagation, and local extinction events.
- The End userApplications are Military, Healthcare and Consumer electronics. The military segment is expected to show the highest CAGR of 5.8 %. In military segment, the image intensifiers are used with different equipment’s such as rescue vehicles weapon, aiming applications, etc. With the increasing research and development activities and security concern in military segment, demand for image intensifiers is also increasing which in turn is increasing the growth of global market. Owing to the features like high speed gating capabilities, high resolution, high sensitivity, high contrast and low noise, the image intensifiers are used in different scientific and industrial applications
- The Image Intensifier Units Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. North Americais forecasted to dominate themarket with the largest share of 40 %.
- The major players in the Image intensifier unit market are Harris (US), Thales Group (France), Armasight (US), Inframet (Poland), Night Owl (US), ATN (US), Roper Scientific (US), Bushnell (US), Dantec Dynamics (UK) and Photek (UK).
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The report focuses on evaluation of the given market in major regions and the countries included in those regions. The report provides details of the market considering the geographical landscape that includes North America, Latin America, Asia Pacific, Europe, and the Middle East Africa.The report covers assessment of revenue estimations and shares, current market value, future market valuation, market share, revenue growth and market size in each region. It studies production and consumption patterns, import/export, supply and demand ratio, consumer behavior shift, current and emerging trends, and initiatives taken by the key players in each major region.
- North America (U.S.A., Canada)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Category Outlook (Revenue, USD Million; 2020-2028)
- Gen 0
- Gen 1
- Gen 2
- Gen 3
- Gen 4
Application Outlook (Revenue, USD Million; 2020-2028)
- Bio luminance
End user Outlook (Revenue, USD Million; 2020-2028)
- Consumer electronics
Key Features of the Image Intensifier Units Market Report:
- A comprehensive 8 year forecast of the market and its expected growth rate and trends
- Analysis of key market drivers and restraining factors
- Comprehensive analysis of the key regions of the industry and provides SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market
- Helps in formulating strategic business decisions and investments plans
- Strategic recommendations to the established companies and new entrants
- Statistical data organized into tables, charts, graphs, diagrams, and info graphics
- Includes complete coverage of recent RD advancements, product launches, and mergers and acquisitions, among others
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