High Speed Camera Market – Increasing use of high-speed infrared cameras, especially for high-speed scanning of people to detect COVID-19
High-Speed Cameras are the sophisticated version of normal digital cameras with high
resolution capacity and ability to capture ultra-high speed events. High-speed
cameras can analyze invisible objects which are beyond the capacity of human
eye. The quality of a high-speed camera is determined by various attributes
such as, frame rates, resolution, memory size, battery, image processing, and
light sensitivity. A variety of high-speed cameras are available in the market
with extensive range of frame rates varying from zero frames per second to 100
billion frames per second and resolution ranges from 1MP to billions of
megapixels. Wide range of frame rate of high speed camera is helping in its
increasing penetration in comparison with digital normal camera, which is capable
to reach only 30 frames per second. High-speed cameras are used in various
industries such as entertainment, military, aerospace, media, healthcare, paper
and printing, automotive, and scientific research industries. Demand for
high-speed camera within the R&D sector is also growing owing to its high
frame rate, image processing, and wide light sensitivity range. Entertainment
& media is an emerging market for high-speed cameras and is providing white
market space to the high-speed camera manufacturers.
The report "Global High Speed Camera
Market, By Product (0-2 MP, 2-5 MP, Above 5 MP), By Usage (New High-Speed Camera, Used High-Speed Camera,
and Rental High-Speed Camera) By Application (Automotive &
Transportation, Industrial Manufacturing, Food & Beverage, Consumer
Electronics, Entertainment & Media, Sports, and Others), and By
Region (North America, Europe, Asia Pacific, Latin America, and the Middle East
& Africa) - Trends, Analysis and Forecast till 2029”.
Key Highlights:
·
In June 2020,
Photron launched a high-performance, compact, and lightweight sealed housing,
high-speed camera FASTCAM Nova R2, which captures videos/ photos at the
performance of 1,440 frames / sec with 4 million pixels.
·
In May 2020,
nac Image Technology launched a 60 Gpixel/sec camera, Memrecam ACS-1 M60. The
ACS-1 M60 provides one-megapixel images at an incredible 60,000 frames per
second in high-quality mode and an unreal 100,000 fps in nac’s proprietary
boost mode.
·
In March 2019,
Vision Research launched VEO 440, the product shoots at over 1,100 fps at the
full four-megapixel resolution, over 2,000 fps at full 1080p HD, and up to
290,000 fps at the minimum resolution.
Analyst View:
Major factors driving the growth of the market
include cumulative demand for compact high-speed cameras, high adoption of
high-speed cameras in manufacturing, rise in adoption of high-speed cameras in
aerospace, wide use in automotive and transportation, the growing use of
high-speed cameras in media & entertainment and sports. Digital high-speed
cameras are gaining demand in the number of industry verticals due to their
enhanced features and praised image capturing techniques. Increase in demand of
safety concerns in automotive and transportation shows growth in high-speed
cameras. Several automotive applications such as tire testing, safety test
applications, suspension testing, transmission testing, combustion system, and
over-road testing amongst others offer profitable prospects for high-speed
cameras in this industry vertical. Improved picture capturing abilities used in
the automotive and transportation industry vertical generates opportunities for
high-speed camera market globally. High-speed cameras are used to identify
traffic violations, objects on highways, traffic monitoring, and for toll
collections.
High-speed cameras are equipped with facilities
that enable them to read license plate of a vehicle passing through toll gates,
and automatically deduct the amount from the account associated with each
plate. Increase in demand for high-speed cameras within the sports sector is
also on the rise owing to its enhanced capabilities such as high resolution,
frame rate, and image processing. Rise in adoption of this market in aerospace
are expected to significantly affect the growth of the global high-speed camera
market.
Key Market Insights from the
report:
The global high speed camera market accounted for
US$ 420 Million in 2019 and is anticipated to register a CAGR of 13.5%. The
market report has been segmented on the basis of product, usage, application, and region.
·
Depending upon product, the 0-2 MP
segment held the largest market share due to the adoption of high-speed
cameras. It has major applications for instance projectile tracking, missile
launch, component tracking in aerospace, defense & military and product
& material testing.
·
Depending upon the usage, the used
high-speed camera is the most dominant segment in the global high-speed camera
market due to the cost effectiveness it gives over new high-speed camera.
·
By
application, Depending upon application, the global market is segmented
into automotive & transportation, industrial manufacturing, food &
beverage, consumer electronics, entertainment & media, sports, and others.
The automotive & transportation segment shows the highest growth due
to the high-speed imaging solutions, such as product testing, combustion,
materials testing, flow visualizations, vibration, crack propagation, bio
mechanics, fluid dynamics, and spray analysis.
·
By
region, U.S. is experiencing rapid growth in high-speed camera market due
to high industry standards and presence of major market players such as Vision
Research Inc., Motion Capture Technologies, Fastec Imaging Corporation, which
are investing in high-speed camera with high frame rate, high resolution, and
fast processing. Such factors help the industries in the production and
manufacturing processes, which increases the product line by ensuring 100%
accuracy.
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Competitive Landscape:
The prominent player operating in the global high
speed camera market includes Photron Limited, Olympus Corporation, Mikrotron GmbH, NAC Imaging Technology Inc., Del Imaging Systems LLC, Motion Capture Technologies, AOS Technologies AG, Fastec Imaging Corporation, Optronis GmbH, PCO AG, and Weisscam GmbH.
The market provides detailed information
regarding the industrial base, productivity, strengths, manufacturers, and
recent trends which will help companies enlarge the businesses and promote
financial growth. Furthermore, the report exhibits dynamic factors including
segments, sub-segments, regional marketplaces, competition, dominant key
players, and market forecasts. In addition, the market includes recent
collaborations, mergers, acquisitions, and partnerships along with regulatory
frameworks across different regions impacting the market trajectory. Recent
technological advances and innovations influencing the global market are
included in the report.
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