A recent report published by
Infinium Global Research on the high-speed camera market provides in-depth analysis
of segments and sub-segments in the global as well as regional high-speed
camera market. The study also highlights the impact of drivers, restraints, and
macro indicators on the global and regional high-speed camera market over the
short term as well as long term. The report is a comprehensive presentation of
trends, forecast and dollar values of the global high-speed camera market.
According to the report, the global high-speed camera market is projected to
grow at a CAGR of 6.6% over the forecast period of 2020-2026.
Market
Insight
The global high-speed camera
market was valued around USD 413million in 2019 and is projected to reach
around USD 640 million by 2026, growing at a CAGR of 6.6% from 2020 to
2026.High-speed cameras are imaging devices utilized for capturing pictures of
fast and transient phenomena. These cameras can analyze invisible objects which
are beyond the capacity of the human eye. High-speed photography is mostly used
in biomechanical research, ballistics, medical research, and other fields such
as healthcare, aerospace, entertainment, automotive and military. Furthermore,
it captures a consecutive arrangement of pictures that are recorded at high
frame rates and later on played in slow motion to enable the viewer to observe
and measure events that happen quickly, which is impossible for the human eye
to understand. Generally, high-speed cameras can be segregated into four
categories such as high-speed film camera that captures to film, high-speed
video cameras that record to electronic memory, high-speed framing cameras that
record images on multiple planes or manifold locations on a single plane, and
high-speed streak cameras which records line sized image series to electronic
memory or film.
The increased demand for
lightweight and small high-speed cameras drives the market growth. The
augmented usage of high-speed cameras in media, entertainment, and sports are
boosting the market growth worldwide. Furthermore, the rising adoption of
high-speed cameras in industrial manufacturing is another major driver. An
upsurge in demand for high-speed cameras in the sports sector is also on the
rise owing to its enhanced capabilities such as high resolution, frame rate,
and image processing. However, the high cost of high-speed cameras may hinder
the market growth in the near future. Also, the longer time required for data
transfer is another major restraining factor for the market growth.
Nevertheless, emerging applications of high-speed cameras in the intelligent
transportation system (ITS) and increasing adoption of high-speed cameras in
the aerospace & defense industry vertical among others provide lucrative
opportunities for the market. The emergence of the COVID-19 outbreak, a deadly
respiratory disease, has now become a global issue and has also affected the
growth of the high-speed camera market. The global sales of high-speed cameras
for key industries such as research, design, and testing laboratories, and the
entertainment & media industry are anticipated to decline by 10–15% in the
fiscal year 2020, depending upon the progression of the virus in different
parts of the globe. Furthermore, the decline in the number of new research,
design, and testing laboratories projects, and the temporary shutdown of
production facilities, are some factors hindering the growth of the high-speed
camera market. Conversely, the short-term supply chain disruptions are
anticipated to affect market growth in key regions.
Among the geographies, the North
America region is expected to hold the largest share in the global high-speed camera
market. The industry is expected to offer huge opportunities for high-speed
camera market growth on account of the presence of numerous key players. Also,
the region has a strong base of technology which boosts the market growth.
Furthermore, the Asia Pacific region is anticipated to witness high growth in
the high-speed camera market during the forecast period. The electronics and
semiconductors industry, food processing industry, and the advent of
world-class research institutes and academia need high-speed cameras for their
proper utilization which is further augmenting the demand for the high-speed
camera in this region.
Segment
Covered
The report on global high-speed
camera market covers segments such as spectrum type, frame rate, component, and
application. On the basis of spectrum type, the sub-markets include visible RGB,
infrared, and x-ray. On the basis of frame rate, the sub-markets include
250-1,000 fps, 1,001-10,000 fps, 10,001-30,000 fps, 30,001-50,000 fps, and
above 50,000 fps. On the basis of component, the sub-markets include image
sensors, processors, lens, memory, fan & cooling, and others. On the basis
of application, the sub-markets include automotive & transportation,
consumer electronics, aerospace & defense, healthcare, media &
entertainment, and others.
Companies
Profiled:
The report provides profiles of
the companies in the market such as Photron, Olympus Corporation, Mikrotron
GmbH, NAC Image Technology, DEL Imaging, PCO AG, Motion Capture Technologies,
Vision research. Inc., Fastec Imaging, and WEISSCAM GMBH.
Report
Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of high-speed camera market. Moreover, the study highlights current
market trends and provides forecast from 2020-2026. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.