Global IR Illuminators Market Overview:
An IR illuminator, or infrared illuminator, is a device that emits light in the infrared spectrum. This light is invisible to the human eye, but it can be seen by night vision cameras. IR illuminators are used to improve the quality of night vision images by providing additional light. There are two main types of IR illuminators: LED and laser. LED illuminators are more common and more affordable. They use LEDs to emit light at a specific wavelength, typically 850nm or 940nm. Laser illuminators are more powerful and can reach longer distances, but they are also more expensive. They use lasers to emit light at a specific wavelength, typically 850nm or 940nm.
As per latest study released by AMA Research, the Global IR Illuminators market is expected to see growth rate of 8.6% and may see market size of USD6500.0 Million by 2028.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Product Innovation According to Customer Preferences and Development of Equipment with New Techniques
Market Growth Drivers:
Increasing Usages in the Dermatology and Neurology Devices and Growing Consumer Interest and Heightened Security Concerns
Challenges:
The High Competition between Players and Technical Challenges in Integrating IR Illuminators with Existing CCTV System
Restraints:
The High Cost of Infra-Red Illuminators
Opportunities:
The fusion of IR illuminators with AI-powered Image Processing Promises Even Sharper Night Vision and Intelligent Security Solutions
Competitive Landscape:
The global IR illuminator market is highly fragmented, with fierce competition among the top players for a large share of the global market. The majority of market players are vertically integrated, with a diverse product portfolio of IR illuminator materials and equipment. Many players are arranging various strategies, entering into merger and acquisition and introducing more effective IR illuminator equipment.
Some of the key players profiled in the report are Hikvision (China), Dahua Technology (China), Bosch Security Systems (Germany), Axis Communications (Sweden), Honeywell Security (United States), Pelco by Schneider Electric (United States), FLIR Systems (United States), Optex (Japan), Panasonic i-PRO Sensing Solutions (Japan), Samsung Techwin (South Korea), Uniview (China) and Hanwha Techwin (South Korea). Additionally, following companies can also be profiled that are part of our coverage like CP Plus (India), Lorex Technology (United States), Swift Networks (United States), Night Owl Security (United States) and L3Harris Technologies (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global IR Illuminators market by 2028. Considering Market by By Spectral Range, the sub-segment i.e. 700nm – 850nm will boost the IR Illuminators market. Considering Market by By Application, the sub-segment i.e. Night Vision Cameras will boost the IR Illuminators market. Considering Market by By Product , the sub-segment i.e. IR Laser Illuminator will boost the IR Illuminators market.
Latest Market Insights:
In July 2023, Excelitas Technologies, a global leader in photonics technology, merged with Qioptiq, a leading European provider of precision photonics products and solutions. This merger creates a powerhouse in the photonics industry, with significant expertise in IR illuminators for various applications, including security, surveillance, and machine vision.
In November 2023, L3Harris Technologies, a leading defense and security company, launched the XIO-5000, a high-performance, long-range IR illuminator designed for demanding surveillance and reconnaissance applications. The XIO-5000 boasts superior beam control, improved power efficiency, and covert operation capabilities, making it ideal for mission-critical scenarios.
What Can be Explored with the IR Illuminators Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global IR Illuminators Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in IR Illuminators
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global IR Illuminators market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in IR Illuminators market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes IR Illuminator Manufacturer, New Entrance, Supplier & Distributer, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.