The high-speed camera market is expected to grow from USD 429 million in 2020 to USD 723 million by 2025; it is expected to grow at a CAGR of 11.0% during 2020–2025. Increasing applications of high-speed infrared cameras, especially for high-speed scanning of people to detect COVID-19, and the growing use of high-speed cameras in entertainment & media and sports industries are the key factors driving the growth of the high-speed camera market. The high adoption of high-speed infrared cameras and rising need to assess the health of people and also assessing tests done in ballistics and explosives are factors propelling the growth of the high-speed camera market.
Major players in the high-speed camera market include Photron (Japan), nac Image Technology (Japan), Vision Research (US), PCO AG (Germany), Mikrotron GmbH (Germany), Optronis (Germany), Integrated Design Tools (US), Monitoring Technology (US), AOS Technologies (Switzerland), and Fastec Imaging (US). These players have adopted various growth strategies, such as expansions, partnerships, agreements, and collaborations to achieve growth in the high-speed camera market from January 2018 to October 2020, which helped them to strengthen their product portfolio and broaden their customer base.
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Photron (Japan) was the leading player in the high-speed camera market in 2019. The company manufactures, sells, and provides services for professional film and video equipment. The company offers photo optics and electronic technologies to industries such as manufacturing, aerospace, automotive & transportation, microfluidics, military testing, broadcast, particle image velocimetry (PIV), digital image correlation (DIC), ballistics testing, and entertainment. The company focuses on product innovation and launches as its key business strategies to ensure its growth in the global high-speed camera market. The company also focuses on research and development (R&D). For instance, In April 2019, Photron launched FASTCAM Mini CX100, a high-speed camera, which is palm-sized, has high-resolution, shock-resistant specifications, a built-in battery, and an accelerometer with Wi-Fi function.
nac image Technology (Japan) was ranked second in the high-speed camera market in 2019. The company has a comprehensive line of upgradeable, reliable, and easy-to-use products that are cost-effective solutions for the most challenging high-speed imaging and motion analysis problems. For instance, the company’s products find applications in fields such as research, design & test, automotive, range & ballistics, manufacturing & production, aerospace, transportation, entertainment, sports, and videography. To retain its position in the market, the company is focused on product launches and developments. For example, 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.
Vision Research (US) has been ranked third in the high-speed camera market. The company has a wide product portfolio to serve various industries, such as academic, automotive, defense & aerospace, industrial, media, and science research organizations. The company performs a lot of R&D to manufacture more high-speed cameras with latest technologies. For example, 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.
High-speed Camera Market with COVID-19 Impact Analysis, by Usage, Frame Rate (20,000–100,000 fps, >100,000 fps), Resolution (0–2 MP, 2–5 MP), Throughput, Component, Spectrum (Visible RGB, Infrared, and X-ray), Application, Region - Global Forecast to 2025
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