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High Speed Camera Market Share

  • Report ID: GMI7653
  • Published Date: Dec 2023
  • Report Format: PDF

High Speed Camera Market Share

The global high speed camera industry is highly fragmented owing to the presence of several companies. Major companies operating in the market are Vision, Photron, NAC Image, accounting over 33% market share in the year 2023. The major companies are focusing on mergers & acquisitions, facility expansion, and strategic partnerships to expand their product offerings, customer reach, and enhance market presence. Companies are also focusing on acquisition strategy.
 

Government support to boost the adoption of low GWP refrigerant and the geographical expansion of key players are anticipated to intensify the market competition over the forecast timeframe. An acquisition strategy enables a company to enter new markets and product lines instantaneously with a recognized brand having a good reputation and an existing client base. An acquisition can overcome market entry barriers that were previously challenging.
 

High Speed Camera Market Companies

Major companies operating in the high speed camera industry include:

  • Vision Research (Ametek)
  • Photron (IDT)
  • NAC Image Technology
Authors: Avinash Singh

Frequently Asked Questions (FAQ) :

The market size of high-speed camera reached USD 1.52 billion in 2023 and is set to grow at 4.7% CAGR from 2024 to 2032, owing to the rising demand from industries such as aerospace and automotive for analyzing material behavior under stress and impact.

The mid (2-3 MP) speed camera industry generated USD 685.2 million in revenue in 2022, due to the application for detailed and high-resolution images in fields such as scientific research, automotive testing, and quality control.

U.S. market accounted for more than USD 74.2 million in revenue in 2022, attributed to the extensive use of product in the automotive sector in the region.

Some of the leading companies operating in the industry are Vision Research (Ametek), Photron (IDT), and NAC Image Technology.

High Speed Camera Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 357
  • Countries covered: 20
  • Pages: 300
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