Authored By: Sarah
13 Jan 2022

Microbolometer Market Growth Analysis | Increasing demand for thermal imaging devices for passengers screening to drive growth

Trends, Drivers and Vendor Forecasts for 2022-2026

Microbolometer market is set to post an incremental growth of $ 368.01 mn during 2022-2026. The market will progressing at a CAGR of 7.61% during the forecast period. Our analysts provide a detailed understanding of the key players as well as their product portfolios and upcoming pipelines. These insights will enable our clients to gauge potential growth opportunities and thus design their business strategy. Some of the major market participants are BAE Systems Plc, Excelitas Technologies Corp., Hamamatsu Photonics KK, I3system Inc., Lynred, Raytheon Technologies Corp., Seek Thermal Inc., Teledyne DALSA Inc., Teledyne Technologies Inc., and Texas Instruments Inc..


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Microbolometer Market: Market Segments and Key Trends

The Microbolometer market is segmented by Type (vanadium oxide-based microbolometer and amorphous silicon-based microbolometer) and Geography (APAC, North America, Europe, South America, and MEA). APAC led the market with 46% of the market growth set to originate from this region during the forecast period. Excessive export restrictions imposed on thermal imaging products is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Microbolometer Market: Top Drivers to Boost Demand

The Increasing demand for thermal imaging devices for passengers screening is one of the primary factors driving the growth of the microbolometer market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Microbolometer Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2022-2026

Key Focus Areas in Our Reports:

  • Microbolometer Market Split by Type
    • vanadium oxide-based microbolometer
    • amorphous silicon-based microbolometer
  • Microbolometer Market Split by Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • BAE Systems Plc
  • Excelitas Technologies Corp.
  • Hamamatsu Photonics KK
  • I3system Inc.
  • Lynred
  • Raytheon Technologies Corp.
  • Seek Thermal Inc.
  • Teledyne DALSA Inc.
  • Teledyne Technologies Inc.
  • Texas Instruments Inc.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 7.61%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 368.01 mn through 2022-2026.

     
  3. What is a key factor driving this market?
    Increasing demand for thermal imaging devices for passengers screening will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    46% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are BAE Systems Plc, Excelitas Technologies Corp., Hamamatsu Photonics KK, I3system Inc., Lynred, Raytheon Technologies Corp., Seek Thermal Inc., Teledyne DALSA Inc., Teledyne Technologies Inc., and Texas Instruments Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Type (vanadium oxide-based microbolometer and amorphous silicon-based microbolometer) and Geography (APAC, North America, Europe, South America, and MEA)
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