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High-Speed Camera Market: By Resolution (2 MP, 2 - 5 MP, 5 MP and Above), By Component (Image Sensors, Image Processors, Memory Systems), By Application (Automotive and Transportation, Manufacturing, Food and Beverages, Consumer Electronics, Media and Entertainment, Aerospace and Defense, Healthcare), And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
High-speed cameras are the devices that can proficiently capture moving pictures with exposures of not more than 1/1,000 seconds or frame rates above 250 frames/second. It is used to capture photographic images of moving objects in a storage medium. High-speed cameras can competently record, store, and playback the images on a medium in slow motion. Early high-speed cameras captured fast-moving events on film. High-speed cameras are the ideal cameras to have for material testing, external crash testing, and ultra-slow-motion recordings since they record high-resolution imaging at incredibly quick recording times. Today, the film camera used for vehicle impact testing has been replaced by a digital high-speed camera.
High-Speed Camera to surpass USD 1.3 billion by 2032 from USD 0.48 billion in 2021 at a CAGR of 9.5% in the coming years, i.e., 2022-32. The primary drivers propelling the growth of the market are the rising applications for high-speed infrared cameras, particularly for high-speed scanning of individuals to detect diseases, and the expanding use of high-speed cameras in the entertainment & media, and sports industries. The market is also expanding due to the widespread use of high-speed infrared cameras, the growing need to evaluate people's health, and the evaluation of ballistics and explosives tests.
High-Speed Camera Market is categorized on the basis of Resolution into 2 MP, 2 - 5 MP, 5 MP and Above. During the projected period, the 2 MP camera market is anticipated to hold a higher CAGR. High-speed cameras with a high resolution are necessary for applications like combustion research, vibration analysis in scientific research, design, and testing labs, and spray analysis in order to effectively assess occurrences. These high-speed cameras are demanded in applications like maintenance, production line monitoring, and troubleshooting. They are more affordable than high-speed cameras with a resolution of 2-5 MP and offer images of sufficient quality for the detection of faults and monitoring of production lines in industrial manufacturing plants.
High-Speed Camera Market is categorized on the basis of Application into Automotive and Transportation, Manufacturing, Food and Beverages, Consumer Electronics, Media and Entertainment, Aerospace and Defense, Healthcare, and Others. The automotive and transportation segment is expected to register significant share of the market. The automotive and manufacturing industries make extensive use of the high-speed cameras. They serve as practical instruments in transportation and logistics operations as well as manufacturing-based applications.
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The development of highly advanced manufacturing hubs and the growth in industrialization are the primary drivers of the High-Speed Camera Market. Furthermore, the market is also growing due to the rising need for portable, lightweight cameras with exceptional features. The media and entertainment business is always upgrading to the newest recording technology; as a result, the High-Speed Camera Market will be flourishing due to this.
Owing to improved features of High-Speed Cameras like image processing, these cameras are becoming more and more popular in the sports industry. In addition, the rising use of high-speed cameras in thermal imaging applications and the development in demand for small, lightweight, high-speed cameras in the automotive and transportation sectors are important market drivers. Moreover, increased usage of high-speed cameras in the aerospace and defense industry vertical, among other industries, and developing applications of high-speed cameras in intelligent transportation systems (ITS) all present attractive potential for the global High-Speed Camera Market.
Even the most basic high-speed cameras capture thousands of frames, unlike ordinary video cameras that record footage at a rate of 24 to 60 frames per second. A camera controller, lens, LED illumination, and software for process analysis and control are all necessary parts of the entire setup needed for the camera to operate properly. The price of the camera might rise dramatically, which requires a full setup.
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
High-Speed Camera Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. Due to the numerous businesses and research centers that are concentrated in North America, the region dominates the global High-Speed Camera Market.
Owing to its rapid industrialization and the growth of its building centers, Asia-Pacific is predicted to have significant growth between 2022 and 2029. The High-Speed Camera Market is anticipated to grow most quickly in the Asia-Pacific region. The consumer electronics sector, which is growing quickly, is supporting the High-Speed Camera Market majorly. The automotive and manufacturing industries in India, Japan, and China are expected to use machine vision technologies and robots more frequently, which will further drive the Asia-Pacific High-Speed Camera Market.
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Due to the strict lockdowns and isolation imposed to stop the virus's spread, the COVID-19 had a detrimental effect on the High-Speed Camera Market. Demand for high-speed cameras was impacted by the state of the economy, the partial shutdown of the company, and poor customer confidence. During the pandemic, the supply chain, as well as logistics operations, were hampered. Due to the relaxing of the constraints, the High-Speed Camera Market is anticipated to pick up during the post-pandemic scenario.
REPORT ATTRIBUTE |
DETAILS |
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Market Size Value in 2021 |
USD 0.48 billion |
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Revenue Forecast in 2032 |
USD 1.3 billion |
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Growth Rate |
CAGR of 9.5% from 2022 to 2032 |
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Base Year for Estimation |
2021 |
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Quantitative Units |
Revenue in USD billion and CAGR from 2022 to 2032 |
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Report Coverage |
Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
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Segments Covered |
Resolution, Component, Application, and Region |
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Regional Scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA) |
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Key Companies Profiled |
Olympus Corporation, AOS Technologies AG, Photron (Imagica Robot Holdings Inc.), iX Cameras, Mikrotron GmbH, Slowmo Ltd., Vision Research Inc. (AMETEK.Inc.), NAC Image Technology, Fastec Imaging, Monitoring Technology LLC, Xcitex Inc., DEL Imaging, Motion Capture Technologies, WEISSCAM GmbH, and Other Prominent Players. |
The High-Speed Camera Market size was estimated at USD 0.48 billion in 2021 and is expected to reach USD 1.3 billion in 2032.
High-speed cameras are the devices that can proficiently capture moving pictures with exposures of not more than 1/1,000 seconds or frame rates above 250 frames/second. It is used to capture photographic images of moving objects in a storage medium.
The 2 MP and Automotive and Transportation segments accounted for the larger share of the High-Speed Camera Market.
Key players in the High-Speed Camera Market are Olympus Corporation, AOS Technologies AG, Photron (Imagica Robot Holdings Inc.), iX Cameras, Mikrotron GmbH, Slowmo Ltd., Vision Research Inc. (AMETEK.Inc.), NAC Image Technology, Fastec Imaging, Monitoring Technology LLC, Xcitex Inc., DEL Imaging, Motion Capture Technologies, WEISSCAM GmbH, and Other Prominent Players.
The primary drivers propelling the growth of the market are the rising applications for high-speed infrared cameras, particularly for high-speed scanning of individuals to detect diseases, and the expanding use of high-speed cameras in the entertainment & media, and sports industries.
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