Global Imaging Radiometer Market 2018-2022

The global imaging radiometer market size will grow by USD 336.07 million during 2018-2022. This report offers an analysis of the market based on application (civil systems and defense systems) and geography (the Americas, APAC and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including CI Systems, FLIR Systems, and Raytheon Company.

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

• Americas
• APAC
• EMEA

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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