High-Speed camera market Overview
The global High-Speed camera market was worth $398.0
million in 2017 and is expected to reach $694.8 million by 2025, growing at a
CAGR of 7.5 percent between 2018 and 2025. High-speed cameras are employed as a
research and media tool to aid in analysing phenomena that occur at extremely
high speeds and are not visible to the naked eye. It records a series of photographs captured at high frame rates
and then played back in slow motion to permit the viewer to see and quantify
events that occur at a rate that the human eye cannot comprehend. Frame rate,
resolution, sensor size, memory size, image processors, fans, and cooling
systems with some other semiconductor components all affect the quality of a
high-speed camera.
Due to high industry standards and the presence of
leading companies like Vision Research Inc., Fastec Imaging Corporation, and
Motion Capture Technologies, that are investing in high-speed cameras with high
resolution, high frame rate, as well as fast processing, the United States is
experiencing rapid growth in the high-speed camera market. These variables aid
industries in their production and manufacturing operations, allowing them to
expand their product line by maintaining 100% accuracy.
Due to its expanded capabilities such as frame rate,
high resolution, and image processing, high-speed cameras are becoming
increasingly popular in the sports industry. In particular, the market is being
driven by an enhancement in demand for small, light in high-speed weight
cameras in automotive and transportation and a rise in the use of high-speed
cameras in thermal imaging activities. Moreover, new applications of high-speed
cameras in intelligent transportation systems (ITS) and increased usage of
high-speed cameras in the aerospace and defence sector vertical, amongst many
others, provide attractive potential for the worldwide high-speed camera
market. The expensive cost of a high-speed camera, on the other hand, is likely
to stifle global high-speed camera market growth.
Industry Players
The outstanding industry players in
the market of the high-speed camera are Photron Limited(Japan), Vision
Research, Inc.(U.S.), Mikrotron GmbH(Germany), Olympus Corporation(Japan), Del
Imaging Systems LLC(U.S.), NAC Imaging Technology, Inc.(Japan), AOS
Technologies AG(Switzerland), Motion Capture Technologies(U.S.), Optronis
GmbH(Germany), Fastec Imaging Corporation(U.S.), and Weisscam GmbH(Germany).
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Top Impacting Factors
High-speed cameras are the
sophisticated edition of standard digital cameras having the high-resolution
capacity and ability to capture ultra-high speed events. Therefore, owing to
advanced features of high-speed cameras other than standard cameras, its demand
is growing across industries, which is giving a substantial boost to the global
high-speed camera.
MRFR has also studied that rising
necessitate for highly meticulous analyses such as explosives, combustion
testing, and flow visualization in aerospace, pyrotechnics. Ballistics is
further anticipated to be the motivating force for escalating the demand for
high-speed cameras in the manufacturing sector.
To add in this, the rise in demand for
high-speed cameras within the sports sector is also on the rise owing to its
superior capabilities such as frame rate, high resolution, and image
processing. In fact, high-speed photography is majorly being used in
ballistics, biomechanical research, medical research, and other fields such as
entertainment, healthcare, automotive, aerospace, and military. These factors
have also accountable for the market’s growth over the forecasted period.
Furthermore, some of the other major
drivers of the global market for high-speed cameras comprise surged demand for
lightweight and small high-speed cameras. Besides, also a rise in the use of
high-speed cameras in entertainment and media is highly triggering market
growth globally.
On the contrary, the factor of the
high cost of high-speed cameras has been considered as a significant restraint
hindering market growth globally, which was during coronavirus pandemic. Also,
the longer time required for data transfer is yet another major restraint
hindering the market growth.
Segmentation of Market
The MRFR’s report offers a
comprehensive evaluation of the market on the basis of segments such as frame
rate, resolution, and application.
The frame rate segment has included
the range of 1000-5000fps, 5001-10000fps, 10001-20000fps, 20001-100000, and
above 100001.
The resolution segment has included
0-1 MP, 1-2MP, 2-5MP, and higher than 5MP.
The application segment has included
the areas of food and beverages, automotive, pharmaceuticals & healthcare,
chemical, military & defense, media & entertainment, household &
textile industry, and paper & printing.
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Regional Framework
The Asia-Pacific region is the highest
growing market of high-speed cameras owing to towering adoption of high-speed
cameras in industries of healthcare, automotive, food & beverages, and
consumer electronics to analyze, predictive maintenance, troubleshoot, and
machinery diagnostics. Countries such as Japan, India, and China are
anticipated to give to the growth of the high-speed camera market in the
Asia-Pacific region. Also, this region is leading the market of High-Speed
Camera Market, owing to expanding the use of robots and machine vision techniques
in manufacturing and service sectors to boost productivity.
The North American region is viewing
the foremost growth in the high-speed camera market. This is due to high
industry standards and the presence of foremost industry players such as Motion
Capture Technologies, Fastec Imaging Corporation. They have been investing in
high-speed cameras with a high frame rate, high resolution, and fast processing
to assist the industries in raising the production with 100% accuracy.
Europe is likely to record vigorous
growth in the high-speed camera market owing to the sky-scraping adoption and
boosting the productivity while maintaining consistent quality and reducing the
time.
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