The global polarized imaging camera market is comprehensively studied in a new report authored by QY Research, which bears the title “Global Polarized Imaging Camera Sales Market Report 2019.” The report includes detailed analysis where the global market is predicted to rise at a healthy CAGR of almost 9.5% during the forecast period 2019-2025. By 2025, the global market is anticipated to touch a value of over US$100 Mn, increasing from more than US$50 Mn reached in 2018. High use of polarized imaging camera in detecting surface roughness, birefringence, and stress is foreseen to drive the growth of the global market.
Manufacturers to Bank on Application in Surface Scratch Detection
High application of polarized imaging camera in imaging reflective objects, identification of material distortion, and surface scratch detection is anticipated to create rewarding prospects in the global market. Factory automation is one of the lucrative end-use industries expected to offer several opportunities to manufacturers. Polarized imaging camera is also adopted in profit-making industries such as food, pharmaceutical, and security. Need to identify hard-to-distinguish differences between non-transparent and transparent surfaces and obtain information about surface orientation of hard-to-distinguish single-colored objects is predicted to strengthen the global market growth.
Polarization imaging is still in need of traction to grow to the level of prominence it deserves. With its growing awareness and adoption, the technology is prophesied to gain stronger demand in the coming years.
Global Polarized Imaging Camera Market: Segmental Analysis
The analysts have segmented the global polarized imaging camera market according to type and application. The report includes a broad segmentation study of three crucial type segments, viz. above 12 MP, 5-12 MP, and up to 5 MP. By application, the global market is segmented into security and traffic, scientific imaging, multimedia, medical imaging, logistics, industrial inspection, and entertainment. All of the segments are carefully analyzed in the report while largely focusing on their market potential, share, and other factors.
Global Polarized Imaging Camera Market: Geographical Study
According to market observers, Asia Pacific is foretold to show remarkable growth in the global polarized imaging camera market due to the presence of popular manufacturers in countries such as Japan. Increasing industrial application of polarized imaging camera and high growth in infrastructure development, especially in China and India, are forecast to help Asia Pacific to further improve its market share. On the other hand, North America is predicted to become a prominent market for polarized imaging camera, considering its early adoption of advanced technologies. High import of cameras in the US could be one of the factors creating favorable opportunities in the region.
Global Polarized Imaging Camera Market: Major Players
The global polarized imaging camera market marks the presence of leading manufacturers such as LUCID Vision Labs, 4D Technology (Nanometrics), Baumer, FluxData, Cognex, Photron, IDS, JAI, Pixelink, Sony, Teledyne DALSA, FLIR, and Allied Vision (TKH Group). Companies are foretold to compete on the basis of various factors including product price, product differentiation, and product portfolio. The competition level in the global market is expected to intensify with increase in technological innovation. Companies could add more innovative features to their products to expand their consumer base.
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