Europe InGaAs Camera Market to Grow at a CAGR of 8.0% to reach US$ 42.84 million from 2021 to 2028

Europe InGaAs Camera Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Camera Cooling Technology (Cooled Camera and Uncooled Camera), Scanning Type (Area Scan Camera and Line Scan Camera), and Application (Military & Defense, Industrial Automation, and Scientific Research)

  • Report Code : TIPRE00029188
  • Category : Electronics and Semiconductor
  • Status : Published
  • No. of Pages : 102
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The InGaAs camera market in Europe is expected to grow from US$ 24.97 million in 2021 to US$ 42.84 million by 2028; it is estimated to grow at a CAGR of 8.0% from 2021 to 2028.

The InGaAs cameras are increasingly being used in the military & defense sector to see through unfavorable conditions such as fog, smoke, haze, and water vapor. Their ability to aid in a clear vision makes them suitable for marine intelligence, surveillance, and vision enhancement. At present, the world is undergoing the fourth industrial revolution, characterized by rapid advancements in multiple next-generation technologies, including artificial intelligence (AI). The potential of weaker nuclear-armed states can be increased by integrating AI into their military platforms. In January 2021, Lockheed Martin Corp. announced three new next-generation infrared spacecraft to help detect the launch of enemy ballistic missiles. In 2021, Elbit Systems launched its next-generation advanced multi-sensor payload system—AMPS NG. Team Tempest—a technology and defense partnership formed by BAE Systems, Leonardo, MBDA, Rolls-Royce, and the RAF in the UK—is focused on the development of new radar technology by 2035 to deliver unparalleled data processing capability on the battlefield. Thus, technological advancements in the military and defense systems are driving the InGaAs market in Europe.

With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe InGaAs camera market at a substantial CAGR during the forecast period.

Europe InGaAs Camera Market Revenue and Forecast to 2028 (US$ Million)

Europe InGaAs Camera Market Revenue and Forecast to 2028 (US$ Million)
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Europe InGaAs Camera Market Segmentation

The Europe InGaAs camera market is segmented on the basis of camera cooling technology, scanning type, application, and country. Based on camera cooling technology, the market is segmented into area scan camera and line scan camera. In 2020, the scan camera segment held a larger share of the market; and the same segment is expected to register a higher CAGR during the forecast period. Based on scanning type, the Europe InGaAs camera market is segmented into uncooled camera and cooled camera. In 2020, the uncooled camera segment held the largest market share; and the cooled segment is expected to register the highest CAGR in the market during the forecast period. Based on application, the market is segmented into military and defense, industrial automation, and scientific research. In 2020, the industrial automation segment held a larger share of the market; and the military and defense segment is expected to register a higher CAGR during the forecast period. Further, based on country, the Europe InGaAs camera market is segmented into Germany, France, Italy, the UK, Russia, and Rest of Europe. In 2020, Germany held the largest market share; and the UK is expected to grow at the fastest CAGR during the forecast period.

Allied Vision Technologies GmbH; Hamamatsu Photonics K.K.; Polytec GmbH; Raptor Photonics Limited; Xenics nv.; SWIR Vision Systems; Seiwa Optical America Inc.; and New Imaging Technologies (NIT) are among the leading companies in the Europe InGaAs camera market.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe InGaAs Camera Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe InGaAs Camera – Market Dynamics

5.1 Market Drivers

5.1.1 Fostering Penetration of InGaAs Cameras in Military and Defense Sector

5.1.2 Increasing usage of machine vision systems

5.2 Market Restraints

5.2.1 Higher Cost of InGaAs

5.3 Market Opportunities

5.3.1 Elevating Penetration of Industrial Automation

5.4 Future Trends

5.4.1 Growing Adoption of InGaAs Camera in Medical Instruments and Scientific Research

5.5 Impact Analysis of Drivers and Restraints

6. Europe InGaAs Camera Market Analysis

6.1 Europe InGaAs Camera Market Overview

6.2 Europe InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

7. Europe InGaAs Camera Market Analysis – By Scanning Type

7.1 Overview

7.2 Europe InGaAs Camera Market, By Scanning Type (2020 and 2028)

7.3 Area Scan Camera

7.3.1 Overview

7.3.2 Area Scan Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

7.4 Line Scan Camera

7.4.1 Overview

7.4.2 Line Scan Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

8. Europe InGaAs Camera Market Analysis – By Camera Cooling Technology

8.1 Overview

8.2 Europe InGaAs Camera Market, By Camera Cooling Technology (2020 and 2028)

8.3 Cooled Camera

8.3.1 Overview

8.3.2 Cooled Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Uncooled Camera

8.4.1 Overview

8.4.2 Uncooled Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

9. Europe InGaAs Camera Market Analysis – By Application

9.1 Overview

9.2 Europe InGaAs Camera Market, By Application (2020 and 2028)

9.3 Military and Defense

9.3.1 Overview

9.3.2 Military and Defense: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

9.4 Industrial Automation

9.4.1 Overview

9.4.2 Industrial Automation: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

9.5 Scientific Research

9.5.1 Overview

9.5.2 Scientific Research: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10. Europe InGaAs Camera Market – Country Analysis

10.1 Overview

10.1.1 Europe: InGaAs Camera Market, By Country

10.1.1.1 Germany: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1 Germany: InGaAs Camera Market, By Scanning Type

10.1.1.1.2 Germany: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.1.3 Germany: InGaAs Camera Market, By Application

10.1.1.2 France: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1 France: InGaAs Camera Market, By Scanning Type

10.1.1.2.2 France: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.2.3 France: InGaAs Camera Market, By Application

10.1.1.3 Italy: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1 Italy: InGaAs Camera Market, By Scanning Type

10.1.1.3.2 Italy: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.3.3 Italy: InGaAs Camera Market, By Application

10.1.1.4 UK: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1 UK: InGaAs Camera Market, By Scanning Type

10.1.1.4.2 UK: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.4.3 UK: InGaAs Camera Market, By Application

10.1.1.5 Russia: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1 Russia: InGaAs Camera Market, By Scanning Type

10.1.1.5.2 Russia: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.5.3 Russia: InGaAs Camera Market, By Application

10.1.1.6 Rest of Europe: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1 Rest of Europe: InGaAs Camera Market, By Scanning Type

10.1.1.6.2 Rest of Europe: InGaAs Camera Market, By Camera Cooling Technology

10.1.1.6.3 Rest of Europe: InGaAs Camera Market, By Application

11. Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

12. Company Profiles

12.1 Allied Vision Technologies GmbH

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Hamamatsu Photonics K.K.

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 New Imaging Technologies (NIT)

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.3.6 Key Developments

12.4 Polytec GmbH.

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Raptor Photonics Limited

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Seiwa Optical America Inc.

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Xenics nv.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 SWIR Vision Systems

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

13. Appendix

13.1 About The Insight Partners

13.2 Word Index


LIST OF TABLES

Table 1. Europe InGaAs Camera Market – Revenue, and Forecast to 2028 (US$ Million)

Table 2. Germany InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 3. Germany InGaAs Camera Market, By Camera Cooling Technology – Revenue and Forecast to 2028 (US$ Million)

Table 4. Germany InGaAs Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 5. France InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 6. France InGaAs Camera Market, By Camera Cooling Technology – Revenue and Forecast to 2028 (US$ Million)

Table 7. France InGaAs Camera Market, By Application– Revenue and Forecast to 2028 (US$ Million)

Table 8. Italy InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 9. Italy InGaAs Camera Market, By Camera Cooling Technology – Revenue and Forecast to 2028 (US$ Million)

Table 10. Italy InGaAs Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 11. UK InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 12. UK InGaAs Camera Market, By Camera Cooling Technology– Revenue and Forecast to 2028 (US$ Million)

Table 13. UK InGaAs Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 14. Russia InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 15. Russia InGaAs Camera Market, By Camera Cooling Technology – Revenue and Forecast to 2028 (US$ Million)

Table 16. Russia InGaAs Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 17. Rest of Europe InGaAs Camera Market, By Scanning Type– Revenue and Forecast to 2028 (US$ Million)

Table 18. Rest of Europe InGaAs Camera Market, By Camera Cooling Technology – Revenue and Forecast to 2028 (US$ Million)

Table 19. Rest of Europe InGaAs Camera Market, By Application – Revenue and Forecast to 2028 (US$ Million)

Table 20. List of Abbreviation


LIST OF FIGURES

Figure 1. Europe InGaAs Camera Market Segmentation

Figure 2. Europe InGaAs Camera Market Segmentation – By Country

Figure 3. Europe InGaAs Camera Market Overview

Figure 4. Area Scan Camera Segment Held the Largest Market Share in 2020

Figure 5. Germany was the Largest Revenue Contributor in 2020

Figure 6. Europe – PEST Analysis

Figure 7. Europe InGaAs Camera Market– Ecosystem Analysis

Figure 8. Expert Opinion

Figure 9. Europe InGaAs Camera Market: Impact Analysis of Drivers and Restraints

Figure 10. InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11. Europe InGaAs Camera Market Revenue Share, by Scanning Type (2020 and 2028)

Figure 12. Area Scan Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. Line Scan Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe InGaAs Camera Market Revenue Share, by Camera Cooling Technology (2020 and 2028)

Figure 15. Cooled Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. Unooled Camera: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe InGaAs Camera Market Revenue Share, by Application (2020 and 2028)

Figure 18. Military and Defense: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. Industrial Automation: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. Scientific Research: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. Geographic Overview of Europe InGaAs Camera Market

Figure 22. Europe: InGaAs Camera Market Revenue Share, By Country (2020 and 2028)

Figure 23. Germany: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24. France: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25. Italy: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. UK: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Russia: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28. Rest of Europe: InGaAs Camera Market – Revenue and Forecast to 2028 (US$ Million)

  1. Allied Vision Technologies GmbH    
  2. Hamamatsu Photonics K.K.               
  3. Polytec GmbH.                                      
  4. Raptor Photonics Limited                   
  5. Xenics nv.                                               
  6. SWIR Vision Systems                            
  7. Seiwa Optical America Inc.                  
  8. New Imaging Technologies (NIT)        

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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