Below are some of the key findings from the imaging radiometer market research report
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Global imaging radiometer industry overview
The increasing activities of precision agriculture is a major factor driving the market’s growth. The demand for global food production needs to increase by more than 50% to serve the growing population. Preparing the soil, planting, and harvesting the farms at the right time and closely monitoring the changing weather conditions will enhance food production and help farmers and other stakeholders understand the variabilities in crop farming. Developed nations such as Europe and the US encourage smart farming through various initiatives by public and private funds.
As per our market research experts, the continuous investment in military upgrades is one of the key emerging trends driving the global imaging radiometer market. Countries such as the US, Russia and Canada wanted to utilize this technology for warfare. Imaging radiometers are the primary requirements in all military and defense equipment. Countries such as the US, China, Russia, and India display the highest demand for imaging radiometers. As a result, the requirements for advanced imaging equipment are increasing, with the increasing military budget. This is further driving demand for imaging radiometers for military applications. This imaging radiometer market analysis predicts that fueled by these factors, the market will register a CAGR of nearly 10% during the forecast period.
Top imaging radiometer companies covered in this market research report
The imaging radiometer market is fairly fragmented. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this imaging radiometer industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- CI Systems
- FLIR Systems
- Raytheon Company
Imaging radiometer market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the Americas will account for the highest growth of this market throughout the forecast period. However, the imaging radiometer market share of APAC will significantly increase in the coming years due to the rising number of manufacturing plants which will require imaging radiometers for various applications
Imaging radiometer market segmentation based on application
- Civil systems
- Defense systems
The civil systems segment will account for the highest growth in the market. This segment will dominate the imaging radiometer market in the forthcoming years as the imaging radiometers manufacturers are focused on the rising demand of the equipment. Additionally, the report also provides an accurate prediction of the contribution of the various application segments in the growth of the imaging radiometer market size.
Key highlights of the global imaging radiometer market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the imaging radiometer market during the next five years
- Precise estimation of the global imaging radiometer market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the imaging radiometer industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of imaging radiometer companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY APPLICATION
- Segmentation by application
- Comparison by application
- Civil systems – Market size and forecast 2017-2022
- Defense systems – Market size and forecast 2017-2022
- Market opportunity by application
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Americas – Market size and forecast 2017-2022
- EMEA – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Continuous investments in military upgrades
- Rise in the use of thermal imaging to detect explosive devices
- Aerial thermal surveys
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- CI Systems
- FLIR Systems
- Raytheon Company
PART 15: APPENDIX