About Monocular Camera
A monocular is a modified refracting telescope which is used to enlarge the images of distant objects by passing light over a series of lenses, the application are a lightweight, compact telescope. The volume and weight of monocular camera are less than half those of binoculars which may have similar optical properties. It is easy to carry a monocular. A monocular with a straight optical path is comparatively long, prisms are normally used to fold the optical path to make an instrument which is much shorter. Monocular cameras are widely used in daily activities because of its complementary nature this device is ideal for outdoor navigation.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Monocular Camera market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Newcon Optik (Canada), ATN Corp (United States), FLIR Systems (United States), Anhui Wanbei (China), Nikon (Japan), Night Owl (United States), Leica Camera AG (Germany), Carl Zeiss AG (Germany), Enhanced Vision (United States), Olympus Corporation (Japan) and PULSAR (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Monocular Camera market by Type (Night Vision and Thermal Imaging), Application (Entertainment, Hunting, Sports, Military and Other) and Region.
On the basis of geography, the market of Monocular Camera has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Monocular Camera market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Monocular Camera
Market Growth Drivers:
Increasing Demand of Monocular Camera in Defense Sector
Challenges:
The View is Bit Flat Compared to Binoculars
Restraints:
Can be used by Only One Eye and Doesn’t Give Three-Dimensional View
Opportunities:
Increasing Investment by Government in Defense Sector
Market Leaders and their expansionary development strategies
In November 2023, Sony Semiconductor Solutions and STMicroelectronics. This partnership combined Sony's leading image sensors with STMicroelectronics' microcontrollers and software expertise, aiming to create cost-effective and energy-efficient monocular camera solutions for consumer electronics and industrial applications.
In July 2023, Xiaomi Mi 12T Pro. This smartphone features a 200MP main camera that utilizes a 9-in-1 pixel binning technology, essentially acting as a high-resolution monocular camera for capturing stunning detail.
Key Target Audience
Manufacturers of Monocular Camera, Suppliers of Monocular Camera, Wholesalers, Distributers and Retailers of Monocular Camera and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.