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Area Scan Camera | JAI A/S | Vision Spectra

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Infrared Imaging Market worth $8.3 billion by 2025 - Exclusive Report by MarketsandMarkets


Infrared Imaging Market worth $8.3 billion by 2025 - Exclusive Report by MarketsandMarkets
CHICAGO, Dec. 16, 2020 /PRNewswire/ According to the new market research report
Infrared Imaging Market with COVID-19 Impact Analysis by Technology (Cooled and Uncooled), Wavelength (Near Infrared, Shortwave Infrared, Mid-wave Infrared, and Long-wave Infrared), Application, Vertical, and Geography - Global Forecast to 2025 , published by MarketsandMarkets, the Infrared Imaging Market is expected to grow from USD 5.8 billion in 2020 to USD 8.3 billion by 2025; it is expected to grow at a CAGR of 7.6% from 2020 to 2025. The infrared imaging market has been witnessing significant growth over the years, mainly due to the high adoption of infrared imaging solutions in nonindustrial and industrial verticals in emerging use cases. However, the COVID-19 outbreak is likely to result in a decline in the growth rate of the infrared imaging market, especially in 2020 and 2021. This is becaus ....

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