After the COVID 19 outbreak upended thousands of businesses and market shares globally, the global High-Speed Camera Market 2020 is looking firm and streamlining with higher shares in the forecasted period 2016-2022. Upon Market Research Future’s latest study, the global market for high-speed cameras might reposition and expand at a growth rate of ~6% during the same year frame.
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.
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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