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IR cameras soon a commodity, warns Yole
Global SourcesUpdated on 2023/12/01
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The analyst firm estimates that uncooled IR camera shipments will at least triple by 2020 and may grow as much as twentyfold.
The IR camera market is expected to grow rapidly over the next few years. Image source:
Yole Developpement, EETimes
Over the next several years, uncooled thermal camera shipments will accelerate rapidly, with volumes growing at 22 percent CAGR between 2015 and 2020, according to Yole Développement's latest report, Uncooled Infrared Imaging: technology & Market Trends.
Annual shipments are expected to reach more than 1.5 million units in 2020, compared with more than 450,000 units in 2014, says the market research firm. But in a scenario where consumer applications such as IR-vision capable smartphones would become the norm, these figures could literally explode to tens of millions, as the company highlights in an optimistic scenario.
In fact, consumer applications, including both personal vision systems (PVS) and smartphones are likely to provide the highest shipment growth in the coming years. This part of the market volumes was multiplied by three from 2014 to 2015, with smartphones in particular holding great promise.
This article was originally published on EE Times Asia. To read the rest of the article, please click here.
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