New TechNavio Report Indicates that Development of HD Infrared Devices Will Contribute to Growth of IR Imaging Market
Summary
A new report from the tech-focused research firm shows that IR imaging market is expected to grow at a CAGR of 9.53 percent from 2013-2018.The report highlights the development of high definition infrared imaging cameras that is expected to propel the overall market growth over the next four years.Founded in 2003, TechNavio has about 200 analysts globally and develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries.TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets.An infrared camera detects radiation, converts it into an electric signal and processes it into an image.A new report from the tech-focused research firm shows that IR imaging market is expected to grow at a CAGR of 9.53 percent from 2013-2018.The report highlights the development of high definition infrared imaging cameras that is expected to propel the overall market growth over the next four years.“There has been significant developments in high definition infrared imaging cameras recently, including recent offerings from FLIR Systems," says Faisal Ghaus, Vice President of TechNavio.