Thanks for visiting Imaging and Machine Vision Europe.

You're trying to access an editorial feature that is only available to logged in, registered users of Imaging and Machine Vision Europe. Registering is completely free, so why not sign up with us?

By registering, as well as being able to browse all content on the site without further interruption, you'll also have the option to receive our magazine (multiple times a year) and our email newsletters.

Uncooled IR camera market to reach $4.4bn by 2022

Share this on social media:

The uncooled infrared camera market is expected to grow 8 per cent CAGR between 2016 and 2022, reaching almost $4.4 billion at the end of the period, according to a report by Yole Développement.

Flir and Ulis own more than 75 per cent of the total market, the report stated. Flir has shipped a million Lepton core devices in three years, while Ulis achieved 30 per cent revenue growth in 2016 compared to 2015.

Other players include Seek Thermal, which has released two high-performance products namely RevealPro and CompactPro. BAE Systems and Leonardo DRS are also benefiting from the defence market growth cycle.

Newcomers are also introducing products; for example, Teledyne Dalsa released its first VOx microbolometers in 2017. In parallel, many companies in China are developing their own microbolometers, Yole found.

Yole, in collaboration with CIOE, is organising an Executive IR Imaging Forum on 7 September in Shenzhen, China at the 19th China International Optoelectronic Expo 2017.

Yole’s senior analyst, Dr Eric Mounier, commented: ‘Driven by dynamic commercial applications which continues to expand really quickly, this industry [uncooled IR imagers] is showing significant emerging applications that could impact the market evolution. We are at the very beginning of new large volume applications.’

Related news

Recent News

02 June 2020

Isra Vision's revenue fell nine per cent to €64.6m over the first half of its financial year, with impacts from Covid-19 in Asia from January, and in America and Europe towards the end of the second quarter

29 May 2020

The job cuts are part of steps Cognex is taking to lower expenses because of deteriorating market conditions. The firm's CEO and chairman will waive their salaries, and the company’s board of directors have waived their cash fees for the remainder of the year

26 May 2020

Organisers of Laser World of Photonics China have confirmed the show will take place from 3 to 5 July in Shanghai. It will be the first physical event in the machine vision calendar held during the coronavirus pandemic

26 May 2020

Biotech firm AIinnoBio HK, has invested in Newsight Imaging's spectrometer-on-chip solution to develop an at-home virus detection device