High Speed Camera Market Estimated to be Worth $274.46 Million by 2020 at a CAGR of 5.39%
(PRWEB) June 18, 2014 -- According to a new market research report "High Speed Camera Market by Usage, Component (Image Sensors, Lens, Memory Systems, Image Processors and others), Accessory, Application (Automotive, Military, Defense & Aerospace, Research, Design & testing and others), and Geography - Global Trends & Forecasts to 2014 - 2020", the total market is expected to reach $274.46 Million by 2020, at a CAGR of 5.39%.
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1) Browse more than 70 market data tables.
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3) Iin-depth TOC on “High Speed Camera Market - Global Trends & Forecasts to 2014 - 2020."
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High speed cameras are the devices for slow motion capturing of events; and in terms of the frame rates, the market is extremely fragmented as, technically, the frame rates of a commercial market can range anywhere between 100fps to millions of fps. Of the several frame rates, the ones that are expected to lead the market in terms of the growth are 1000 fps – 10000fps, whereas a normal digital camera can capture images at frame rates of only 30fps. 1000fps -10000fps frame rates is the best choice for high speed cameras for many of the applications, and the market in this frame rate is expected to grow at the highest CAGR for the next five years, among all the frame rates.
The global High Speed Camera Market is certainly a fragmented one, for the high speed camera market has found use in these major fields - industrial manufacturing, research and design, military, defense and aerospace, and entertainment and media. The industrial manufacturing field offers a huge potential for the high speed camera technology to grow, especially due to advanced & suitable features offered by the high speed camera over the other technologies. Research and Design is the primary field responsible for the commercial birth of high speed camera technology on a large scale, while the entertainment and media field is still an emerging market offering lots of space for high speed camera technology to penetrate.
The report segments the High Speed Camera Market on the basis of the types of usage, different components, different frame rates, different accessories, different applications, and different geographies. Further, it contains revenue forecasting, and analyses trends in the market. The geographical analysis contains anin-depth classification for Americas, Europe, and APAC; which contains the major countries covering the market. Furthermore, the Middle-East and Africa have been classified under ROW. Each of these geographies has been further split by the major countries existing in this market. The sections and sub-segments in the report contain drivers, restraints, opportunities, current market trends, and the technology expected to revolutionize the high speed camera domain.
The global high speed camera revenue market is expected to grow from $200.27 million in 2014 to $274.46 million in 2020 at a CAGR of 5.39%. Similarly, the volumes are estimated to grow from 4332 units in 2014 to 7312 units in 2020. This growth is heralded by the growing industrial manufacturing market for high speed camera market. The image sensors market is also expected to grow rapidly in the coming five years.
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