High speed cameras are the sophisticated version of normal digital cameras offering high-resolution capacity and the ability to capture ultra-high-speed events. Advance technology made it possible to develop high-performance infrared cameras is enhancing the growth of the market. For instance, during covid-19 infrared cameras, are installed in public places such as airports, malls, and railway stations, where they enable precise non-reactive, contactless, and planar recording of surface temperatures. Usage of high-speed cameras in media and entertainment applications is also a major driver for the market and various companies are launching such cameras which have minimum resolution and high data speed for a fast workflow. For instance, in March 2019 – Phantom High Speed, the leaders in the high-speed imaging industry launched Phantom VEO 440 that can shoot an event at the frame per second rate of 1,100 at complete 4 MP resolution, 2,000 fps at 1080p HD, and 290,000 fps at minimum resolution. However, for the complete setup, it costs approx., USD 150,000 which seems to be high for the industry and this may hamper the growth of the market. Expansion in the growth of the application of high-speed cameras in the defense industry is an upcoming opportunity for growth.
The global High-speed camera Market is valued at approximately USD 386.49 million in 2019 and is anticipated to grow with a healthy growth rate of more than 11.0% over the forecast period 2020-2027 and is estimated to reach USD 890.81 million by 2027.
The regional analysis of the global 5G in the Automotive and Smart Transportation market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific is the leading/significant region across the world in terms of market share owing to the increased manufacturing hubs and industrialization. Whereas, North America is the second-largest region in terms of high-speed camera market growth.
Major market players included in this report are Photron, Nac Image Technology, Vision Research, PCO AG, Mikrotron GmbH, Optronis GmbH, Integrated Design Tools, Monitoring Technology, AOS Technologies, and Fastec Imaging.
The detailed segments and sub-segment of the market are explained below:
By Component: Image Sensors, Lens, Batteries, Image Processors, Fans and Cooling System, Memory Systems, Others
By Resolution: 2 MP, 2 – 5 MP, 5 MP, and Above
By Frame Rate: 1,000 – 5,000, 5,000 – 20,000, 20,000 – 100,000, 100,000 and Above
By Application: Automotive and Transportation, Industrial Manufacturing, Consumer Electronics, Media and Entertainment, Sports, Healthcare, Others
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Bizwit Research & Consulting LLP