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Optical Imaging Camera Market Size Estimated to Observe Significant Growth by 2025

02-01-2018 02:17 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Optical Imaging Camera Market Size Estimated to Observe

Invisible gaseous hydrocarbons are being emitted from petrochemical plants. These may be poisonous and can cause health issues in case of exposure for a long period of time. Other gases can be explosives, highly flammable, and most of the emitted gases out of these plants can have a negative impact on the environment when these gases enter in larger quantities. Hence these gas leak detection is extremely important. Optical imaging cameras can be used to visualize gas leaks in actual time.

Other than real time visualization, the optical imaging camera also has the ability to record both the visual light video and thermal video footage. It is difficult to identify leaks in unforeseen areas, so the use of optical gas imaging cameras will help ensure the safety of working personnel on the plants as well as the occupants of the surrounding areas. Optical imaging camera has the ability to visually detect gases and sniffer is used to quantify the leak.

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These optical imaging cameras have high sensitivity mode which can visually detect even smaller leaks from about 70m, this enables the operator to perform inspection functions even from safe distances. Image subtraction video processing technique is used in high sensitivity mode that efficiently enhances the thermal sensitivity of the camera. High sensitivity mode (HSM) feature is an exceptional feature included in all FLIR Systems, FLIR GF- optical imaging camera series. Optical Imaging cameras are ergonomically designed, these cameras have direct access buttons, rotating handle, tiltable viewfinder and LCD screen.

Some of the key features of optical imaging cameras includes embedded GPS data in reporting, trace leaks to source and verification of repair. Nowadays, the new optical imaging cameras embeds GPS data into the image allowing workers to track exact location of the leak and also these cameras are made compact and lightweight to prevent back and arm strain problems to workers.

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Key drivers for the optical imaging camera market includes higher inspection frequency and performing inspection for gas leakage from safe distances. High inspection frequency leads to lesser time for gas detection that ultimately helps to find leaks that decrease profits. It also significantly helps to improve work and environment safety. Other factors which could further drive the optical imaging camera market is rapid industrialization in emerging countries and strict regulatory compliances for emission control. However there are some restraining factors for the optical imaging camera market. Challenges such as increase in raw materials price or economic slowdown in emerging countries can affect the optical imaging camera market.

Optical Imaging Camera market can be segmented as by gas type, by application and by region. By gas type, optical imaging camera market can be segmented into methane/natural gas, ammonia, hydrocarbons or olefins, ethyl alcohol and others. By application, Optical Imaging camera market can be segmented into Oil & Gas, Nuclear Power, Food and Oil Industries and others.

Geographically, Optical Imaging camera can be segmented into following regions North America, Europe, Asia Pacific, Middle East & Africa (MEA) and South America. North America is the most dominated among other regions due to immense industrialization and generation of electricity through nuclear power.

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Key Players in the Optical Imaging Camera includes FLIR Systems Inc, EyeCGas, OPGAL, Inspectahire, IR Cameras LLC, The Sniffers, Infrared Cameras Inc, Opto Engineering, Optics Balzers, Electro-Optical Imaging Inc, Edmund Optics Ltd, ZWO Company and others. FLIR Systems Inc. is the market leader in the optical imaging market and offers various types of optical imaging cameras that can detect13 different type of gases. These companies are continuously investing in research and development to add new features and enhance efficiency of optical imaging cameras. These major players are continuously focusing on improving organic as well inorganic growth.

Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations

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