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Showing posts with the label InGaAs Camera Market Trends

InGaAs Camera Market Trends, Current Status and Insight Driven Transformation | COVID-19 Effects

  Market Analysis The global InGaAs camera market is predicted to touch USD 146.4 million at a healthy 9.86%CAGR between 2018- 2024, states the recent Market Research Future (MRFR) analysis. InGaAs camera or indium gallium arsenide camera helps to broaden the utility of shortwave infrared or near infrared imaging and spectroscopy. InGaAs, simply put, is a ternary alloy of indium arsenide and gallium arsenide that has excellent photosensitivity. These cameras are used to offer imaging, which is shortwave or near infrared rage and easily visible to the eyes. Various factors are propelling the global InGaAs camera industry share. According to the recent MRFR report, such factors include the growing adoption of such cameras for machine vision applications, rising penetration in military and defense, growing use in firefighting, surveillance, and security, and constant technological advancements, and the rising automation in industrial applications. On the contrary, a slump in demand du...