Table of Content

1 INTRODUCTION 34
1.1 STUDY OBJECTIVES 34
1.2 MARKET DEFINITION 34
1.3 STUDY SCOPE 35
1.3.1 MARKETS COVERED 35
FIGURE 1 MULTISPECTRAL CAMERA MARKET SEGMENTATION 35
1.3.2 REGIONAL SCOPE 35
1.3.3 YEARS CONSIDERED 36
1.4 INCLUSIONS AND EXCLUSIONS 36
TABLE 1 INCLUSIONS AND EXCLUSIONS IN MULTISPECTRAL CAMERA MARKET 36
1.5 CURRENCY AND PRICING 37
TABLE 2 USD EXCHANGE RATES 37
1.6 STUDY LIMITATIONS 37
1.7 MARKET STAKEHOLDERS 38
1.8 SUMMARY OF CHANGES 38
1.8.1 RECESSION IMPACT ANALYSIS 38
2 RESEARCH METHODOLOGY 39
2.1 RESEARCH DATA 39
FIGURE 2 RESEARCH FLOW 39
FIGURE 3 RESEARCH DESIGN 40
2.1.1 SECONDARY DATA 41
2.1.2 PRIMARY DATA 41
2.1.2.1 Key data from primary sources 41
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 41
2.2 MARKET SIZE ESTIMATION 42
2.2.1 BOTTOM-UP APPROACH 42
TABLE 3 MARKET ESTIMATION PROCEDURE FOR DEFENSE APPLICATIONS 42
FIGURE 5 BOTTOM-UP APPROACH 43
2.2.2 TOP-DOWN APPROACH 43
FIGURE 6 TOP-DOWN APPROACH 43
2.2.3 GROWTH FORECAST 44
2.3 FACTOR ANALYSIS 44
2.3.1 INTRODUCTION 44
2.3.2 DEMAND-SIDE INDICATORS 44
2.3.2.1 Increased global military spending 45
FIGURE 7 MILITARY EXPENDITURE, BY COUNTRY, 2019–2021 (USD BILLION) 45
2.3.2.2 Rising incidences of regional disputes 45
2.3.2.3 Growing demand for multispectral cameras in various commercial applications 46
2.3.3 SUPPLY-SIDE INDICATORS 46
2.3.3.1 Financial trends of major US defense contractors 46
2.3.4 RECESSION IMPACT ANALYSIS 47
2.4 DATA TRIANGULATION 48
FIGURE 8 MARKET BREAKDOWN AND DATA TRIANGULATION 48
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH 49
2.5 GROWTH RATE ASSUMPTIONS 49
2.6 RESEARCH ASSUMPTIONS 49
2.7 RISKS 50
3 EXECUTIVE SUMMARY 51
FIGURE 9 COMMERCIAL SEGMENT TO REGISTER HIGHER CAGR FROM 2023 TO 2028 51
FIGURE 10 PAYLOADS SEGMENT TO LEAD MARKET FROM 2023 TO 2028 52
FIGURE 11 NEAR-INFRARED SEGMENT TO LEAD MARKET FROM 2023 TO 2028 52
FIGURE 12 COOLED SEGMENT TO ACQUIRE LARGEST MARKET SHARE BY 2028 53
FIGURE 13 TARGET AND TRACKING SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE BY 2028 53
FIGURE 14 REMOTE SENSING SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028 54
FIGURE 15 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 54
4 PREMIUM INSIGHTS 56
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN MULTISPECTRAL CAMERA MARKET 56
FIGURE 16 INCREASED ADOPTION OF UNMANNED SYSTEMS TO DRIVE MARKET 56
4.2 MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION 56
FIGURE 17 SURVEY AND MAPPING SEGMENT TO SURPASS OTHER SEGMENTS BY 2028 56
4.3 MULTISPECTRAL CAMERA MARKET, BY END USE 57
FIGURE 18 PAYLOADS SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 57
4.4 MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION 57
FIGURE 19 TARGET AND TRACKING SEGMENT TO LEAD MARKET BY 2028 57
4.5 MULTISPECTRAL CAMERA MARKET, BY REGION 58
FIGURE 20 ASIA PACIFIC TO LEAD MARKET DURING FORECAST PERIOD 58
4.6 MULTISPECTRAL CAMERA MARKET, BY COUNTRY 58
FIGURE 21 INDIA TO BE FASTEST-GROWING MARKET FROM 2023 TO 2028 58
5 MARKET OVERVIEW 59
5.1 INTRODUCTION 59
5.2 MARKET DYNAMICS 60
FIGURE 22 MULTISPECTRAL CAMERA MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 60
5.2.1 DRIVERS 60
5.2.1.1 Increasing demand for precision agriculture 60
5.2.1.2 Advancements in sensor technology 61
5.2.1.3 Growing adoption of unmanned aerial vehicles 61
5.2.1.4 Increasing demand for medical imaging 61
5.2.1.5 Rising demand for security and surveillance 62
5.2.2 RESTRAINTS 62
5.2.2.1 Competition from alternative technologies 62
5.2.2.2 High cost and regulatory constraints 63
5.2.3 OPPORTUNITIES 63
5.2.3.1 Expansion of multispectral camera applications through industry partnerships 63
5.2.3.2 Surging development of user-friendly software for multispectral image analysis 64
5.2.3.3 Increasing investment in research and development of new multispectral camera technology 64
5.2.4 CHALLENGES 65
5.2.4.1 Complexity in analyzing and managing huge amounts of data 65
5.2.4.2 Integration challenges with platforms 65
5.3 TRENDS IMPACTING CUSTOMER BUSINESS 66
5.3.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR MULTISPECTRAL CAMERA MANUFACTURERS 66
FIGURE 23 REVENUE SHIFT IN MULTISPECTRAL CAMERA MARKET 66
5.4 RECESSION IMPACT ANALYSIS 66
5.4.1 IMPACT OF RECESSION ON MULTISPECTRAL CAMERA MARKET 66
FIGURE 24 RECESSION IMPACT ANALYSIS ON MULTISPECTRAL CAMERA MARKET 67
FIGURE 25 FACTORS IMPACTING MULTISPECTRAL CAMERA MARKET 68
5.5 AVERAGE SELLING PRICE ANALYSIS 69
5.5.1 AVERAGE SELLING PRICE TREND 69
TABLE 4 AVERAGE SELLING PRICE OF MULTISPECTRAL CAMERAS (USD 69
5.6 MULTISPECTRAL CAMERA PROJECTED VOLUME, BY REGION 69
5.6.1 MULTISPECTRAL CAMERA PROJECTED VOLUME, BY REGION 69
TABLE 5 MULTISPECTRAL CAMERA PROJECTED VOLUME, BY REGION 69
5.7 MARKET ECOSYSTEM 69
5.7.1 PROMINENT COMPANIES 69
5.7.2 PRIVATE AND SMALL ENTERPRISES 69
5.7.3 END USERS 70
FIGURE 26 MULTISPECTRAL CAMERA MARKET ECOSYSTEM 70
TABLE 6 MULTISPECTRAL CAMERA MARKET ECOSYSTEM 70
5.8 VALUE CHAIN ANALYSIS 71
FIGURE 27 VALUE CHAIN ANALYSIS: MULTISPECTRAL CAMERA MARKET 71
5.9 USE CASE ANALYSIS 73
5.9.1 USE CASE 1: CROP HEALTH MONITORING USING DRONE-MOUNTED MULTISPECTRAL SENSORS 73
TABLE 7 CROP HEALTH MONITORING USING DRONE-MOUNTED MULTISPECTRAL SENSORS 73
5.9.2 USE CASE 2: LAND USE AND LAND COVER MAPPING USING CUBESAT MULTISPECTRAL SENSORS 73
TABLE 8 LAND USE AND LAND COVER MAPPING USING CUBESAT MULTISPECTRAL SENSORS 73
5.10 PORTER’S FIVE FORCES ANALYSIS 74
TABLE 9 MULTISPECTRAL CAMERA MARKET: PORTER’S FIVE FORCES ANALYSIS 74
FIGURE 28 INTENSITY OF COMPETITIVE RIVALRY TO BE MODERATE IN MULTISPECTRAL CAMERA MARKET 74
5.10.1 THREAT OF NEW ENTRANTS 75
5.10.2 THREAT OF SUBSTITUTES 75
5.10.3 BARGAINING POWER OF SUPPLIERS 75
5.10.4 BARGAINING POWER OF BUYERS 75
5.10.5 INTENSITY OF COMPETITIVE RIVALRY 75
5.11 KEY STAKEHOLDERS AND BUYING CRITERIA 76
5.11.1 KEY STAKEHOLDERS IN BUYING PROCESS 76
FIGURE 29 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TWO APPLICATIONS 76
TABLE 10 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF TWO APPLICATIONS (%) 76
5.11.2 BUYING CRITERIA 77
FIGURE 30 KEY BUYING CRITERIA FOR TWO APPLICATIONS 77
TABLE 11 KEY BUYING CRITERIA FOR TWO APPLICATIONS 77
5.12 TARIFF AND REGULATORY LANDSCAPE 78
TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES 78
TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES 79
TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES 79
TABLE 15 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES 80
TABLE 16 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER AGENCIES 80
5.13 KEY CONFERENCES AND EVENTS FROM JUNE 2023 TO JUNE 2024 81
TABLE 17 MULTISPECTRAL CAMERA MARKET: KEY CONFERENCES AND EVENTS, 2023?2024 81
6 INDUSTRY TRENDS 82
6.1 INTRODUCTION 82
FIGURE 31 EVOLUTION OF MULTISPECTRAL CAMERA TECHNOLOGY: A ROADMAP FROM 1980 TO 2050 83
6.2 KEY TECHNOLOGICAL TRENDS IN MULTISPECTRAL CAMERA MARKET 83
6.2.1 INTEGRATION WITH AI AND MACHINE LEARNING 83
6.2.2 ADVANCED REMOTE SENSING 84
6.2.3 MINIATURIZATION AND COST REDUCTION 85
6.2.4 UAVS MULTISPECTRAL CAMERA 85
6.3 IMPACT OF MEGATRENDS 86
6.3.1 DIGITALIZATION AND INTRODUCTION OF INTERNET OF THINGS 86
6.3.2 REVOLUTIONIZING AGRICULTURAL AND HEALTHCARE INDUSTRIES 86
6.4 SUPPLY CHAIN ANALYSIS 87
FIGURE 32 SUPPLY CHAIN ANALYSIS 88
6.5 INNOVATION AND PATENT REGISTRATIONS 88
TABLE 18 MULTISPECTRAL CAMERA STATION: KEY PATENTS, 2018 88
7 MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY 90
7.1 INTRODUCTION 91
FIGURE 33 MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 91
TABLE 19 MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 91
TABLE 20 MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 91
7.2 COOLED 92
7.2.1 UTILIZING COOLED MULTISPECTRAL CAMERAS FOR MILITARY ISR AND TARGET TRACKING 92
7.3 UNCOOLED 92
7.3.1 UNCOOLED MULTISPECTRAL CAMERAS REVOLUTIONIZE PORTABLE MILITARY DEVICES 92
8 MULTISPECTRAL CAMERA MARKET, BY APPLICATION 93
8.1 INTRODUCTION 94
FIGURE 34 MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 94
TABLE 21 MULTISPECTRAL CAMERA MARKET, BY APPLICATION 2019–2022 (USD MILLION) 94
TABLE 22 MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 95
8.2 DEFENSE 95
8.2.1 MULTISPECTRAL CAMERAS ARE VERSATILE TOOLS FOR DEFENSE APPLICATIONS 95
FIGURE 35 MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 95
TABLE 23 MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2019–2022 (USD MILLION) 96
TABLE 24 MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 (USD MILLION) 96
8.2.2 INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE 96
8.2.2.1 Advanced multispectral camera systems for enhanced situational awareness in security operations 96
8.2.3 TARGET AND TRACKING 97
8.2.3.1 Capability to detect, identify, and track targets in several spectral bands using multispectral cameras 97
8.2.4 IMAGING SYSTEMS 97
8.2.4.1 Precision tracking and imaging with multispectral camera scopes in military operations 97
8.3 COMMERCIAL 98
8.3.1 MULTISPECTRAL CAMERAS FOR CUTTING-EDGE COMMERCIAL APPLICATIONS 98
FIGURE 36 MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 98
TABLE 25 MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2019–2022 (USD MILLION) 98
TABLE 26 MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 (USD MILLION) 99
8.3.2 SURVEY AND MAPPING 99
8.3.2.1 Revolutionizing survey and mapping with UAV-mounted multispectral cameras 99
8.3.3 ENVIRONMENTAL MONITORING 100
8.3.3.1 Rising demand for real-time environmental monitoring due to climate change and frequent natural disasters 100
8.3.4 REMOTE SENSING 100
8.3.4.1 Growing use of multispectral cameras in remote sensing as researchers seek to understand Earth’s surface and atmosphere 100
8.3.5 LIFE SCIENCES & MEDICAL DIAGNOSTICS 101
8.3.5.1 Increasing use of multispectral cameras in medical applications as scientists seek to analyze vast amounts of data 101
8.3.6 OTHERS 102
9 MULTISPECTRAL CAMERA MARKET, BY END USE 103
9.1 INTRODUCTION 104
FIGURE 37 MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 104
TABLE 27 MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 105
TABLE 28 MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 105
9.2 MAN-PORTABLE 105
9.2.1 INTEGRATED EO/IR CAPABILITIES WITH SOLDIER SYSTEMS FOR INCREASED MISSION EFFECTIVENESS 105
9.3 PAYLOADS 106
9.3.1 HIGH DEMAND FOR SMALL, LIGHTWEIGHT, AND COMBAT-PROVEN PRODUCTS 106
10 MULTISPECTRAL CAMERA MARKET, BY SPECTRUM 107
10.1 INTRODUCTION 108
FIGURE 38 MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 108
TABLE 29 MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2019–2022 (USD MILLION) 108
TABLE 30 MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 (USD MILLION) 109
10.2 VISIBLE LIGHT 109
10.2.1 ADVANCES IN VISIBLE LIGHT MULTISPECTRAL CAMERA TECHNOLOGY TO INCREASE POTENTIAL FOR NON-INVASIVE MEDICAL DIAGNOSTICS 109
10.3 NEAR-INFRARED 110
10.3.1 RISING NEED FOR NEAR-INFRARED MULTISPECTRAL CAMERAS IN AGRICULTURE INDUSTRY FOR ACCURATE CROP HEALTH ANALYSIS AND YIELD PREDICTION 110
10.4 SHORT-WAVE INFRARED (SWIR) 110
10.4.1 GROWING DEMAND FOR SWIR MULTISPECTRAL CAMERAS IN DEFENSE AND SECURITY INDUSTRY TO IMPROVE TARGET DETECTION AND IDENTIFICATION 110
10.5 MID-WAVE INFRARED (MWIR) 110
10.5.1 INCREASING REQUIREMENT FOR MWIR MULTISPECTRAL CAMERAS IN DEFENSE AND SECURITY INDUSTRY FOR ACCURATE THERMAL IMAGING 110
10.6 LONG-WAVE INFRARED (LWIR) 111
10.6.1 DEVELOPMENT OF LOW-COST LWIR MULTISPECTRAL CAMERAS TO INCREASE POTENTIAL FOR COMMERCIAL APPLICATIONS 111
11 MULTISPECTRAL CAMERA MARKET, BY REGION 112
11.1 INTRODUCTION 113
FIGURE 39 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET SNAPSHOT 113
11.2 REGIONAL RECESSION IMPACT ANALYSIS 114
TABLE 31 REGIONAL RECESSION IMPACT ANALYSIS 114
TABLE 32 MULTISPECTRAL CAMERA MARKET, BY REGION, 2019–2022 (USD MILLION) 115
TABLE 33 MULTISPECTRAL CAMERA MARKET, BY REGION, 2023–2028 (USD MILLION) 116
11.3 NORTH AMERICA 116
11.3.1 PESTLE ANALYSIS: NORTH AMERICA 116
11.3.2 RECESSION IMPACT ANALYSIS: NORTH AMERICA 117
FIGURE 40 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET SNAPSHOT 118
TABLE 34 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 118
TABLE 35 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 119
TABLE 36 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION 2019–2022 (USD MILLION) 119
TABLE 37 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 119
TABLE 38 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION 2019–2022 (USD MILLION) 119
TABLE 39 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 (USD MILLION) 120
TABLE 40 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2019–2022 (USD MILLION) 120
TABLE 41 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 (USD MILLION) 120
TABLE 42 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 121
TABLE 43 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 121
TABLE 44 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2019–2022 (USD MILLION) 121
TABLE 45 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 (USD MILLION) 122
TABLE 46 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 122
TABLE 47 NORTH AMERICA: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 122
11.3.3 US 123
11.3.3.1 Growing use of multispectral cameras in defense applications to drive market 123
TABLE 48 US: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 123
TABLE 49 US: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 123
TABLE 50 US: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 124
TABLE 51 US: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 124
TABLE 52 US: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 124
TABLE 53 US: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 124
11.3.4 CANADA 125
11.3.4.1 Increased integration of multispectral cameras in defense applications to fuel market 125
TABLE 54 CANADA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 125
TABLE 55 CANADA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 126
TABLE 56 CANADA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 126
TABLE 57 CANADA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 126
TABLE 58 CANADA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 126
TABLE 59 CANADA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 127
11.4 EUROPE 127
11.4.1 PESTLE ANALYSIS: EUROPE 127
11.4.2 RECESSION IMPACT ANALYSIS: EUROPE 128
FIGURE 41 EUROPE: MULTISPECTRAL CAMERA MARKET SNAPSHOT 129
TABLE 60 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 129
TABLE 61 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 130
TABLE 62 EUROPE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION 2019–2022 (USD MILLION) 130
TABLE 63 EUROPE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 130
TABLE 64 EUROPE: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION 2019–2022 (USD MILLION) 130
TABLE 65 EUROPE: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 (USD MILLION) 131
TABLE 66 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2019–2022 (USD MILLION) 131
TABLE 67 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 (USD MILLION) 131
TABLE 68 EUROPE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 132
TABLE 69 EUROPE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 132
TABLE 70 EUROPE: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2019–2022 (USD MILLION) 132
TABLE 71 EUROPE: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 (USD MILLION) 132
TABLE 72 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 133
TABLE 73 EUROPE: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 133
11.4.3 UK 133
11.4.3.1 Growing deployment of multispectral cameras in research applications to drive market 133
TABLE 74 UK: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 134
TABLE 75 UK: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 134
TABLE 76 UK: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 134
TABLE 77 UK: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 134
TABLE 78 UK: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 135
TABLE 79 UK: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 135
11.4.4 FRANCE 135
11.4.4.1 Rising interest in expanding hyperspectral imaging applications to drive market 135
TABLE 80 FRANCE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 136
TABLE 81 FRANCE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 136
TABLE 82 FRANCE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 136
TABLE 83 FRANCE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 136
TABLE 84 FRANCE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 137
TABLE 85 FRANCE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 137
11.4.5 GERMANY 137
11.4.5.1 Rising adoption of advanced imaging technologies by industries to drive market 137
TABLE 86 GERMANY: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 138
TABLE 87 GERMANY: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 138
TABLE 88 GERMANY: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 138
TABLE 89 GERMANY: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 138
TABLE 90 GERMANY: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 139
TABLE 91 GERMANY: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 139
11.4.6 RUSSIA 139
11.4.6.1 Growing integration of multispectral cameras in defense applications to drive market 139
TABLE 92 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 140
TABLE 93 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 140
TABLE 94 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 140
TABLE 95 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 140
TABLE 96 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 141
TABLE 97 RUSSIA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 141
11.4.7 ITALY 141
11.4.7.1 Robust presence of major defense players to drive market 141
TABLE 98 ITALY: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 141
TABLE 99 ITALY: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 142
TABLE 100 ITALY: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 142
TABLE 101 ITALY: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 142
TABLE 102 ITALY: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 142
TABLE 103 ITALY: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 142
11.4.8 REST OF EUROPE 143
TABLE 104 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 143
TABLE 105 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 143
TABLE 106 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 143
TABLE 107 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 143
TABLE 108 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 144
TABLE 109 REST OF EUROPE: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 144
11.5 ASIA PACIFIC 144
11.5.1 PESTLE ANALYSIS: ASIA PACIFIC 145
11.5.2 RECESSION IMPACT ANALYSIS: ASIA PACIFIC 146
FIGURE 42 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET SNAPSHOT 146
TABLE 110 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 147
TABLE 111 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 147
TABLE 112 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY APPLICATION 2019–2022 (USD MILLION) 147
TABLE 113 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 147
TABLE 114 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION 2019–2022 (USD MILLION) 148
TABLE 115 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 (USD MILLION) 148
TABLE 116 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2019–2022 (USD MILLION) 148
TABLE 117 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 (USD MILLION) 149
TABLE 118 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 149
TABLE 119 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 149
TABLE 120 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2019–2022 (USD MILLION) 150
TABLE 121 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 (USD MILLION) 150
TABLE 122 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 150
TABLE 123 ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 151
11.5.3 CHINA 151
11.5.3.1 Increasing demand for remote sensing applications and advancements in technology to drive market 151
TABLE 124 CHINA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 151
TABLE 125 CHINA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 152
TABLE 126 CHINA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 152
TABLE 127 CHINA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 152
TABLE 128 CHINA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 152
TABLE 129 CHINA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 152
11.5.4 INDIA 153
11.5.4.1 Increasing demand for remote sensing applications to drive market 153
TABLE 130 INDIA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 153
TABLE 131 INDIA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 153
TABLE 132 INDIA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 154
TABLE 133 INDIA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 154
TABLE 134 INDIA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 154
TABLE 135 INDIA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 154
11.5.5 JAPAN 155
11.5.5.1 Advancements in technology and supportive government and research environment to drive demand 155
TABLE 136 JAPAN: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 155
TABLE 137 JAPAN: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 155
TABLE 138 JAPAN: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 155
TABLE 139 JAPAN: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 156
TABLE 140 JAPAN: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 156
TABLE 141 JAPAN: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 156
11.5.6 SOUTH KOREA 156
11.5.6.1 Development of new technologies and increased government investment to drive market 156
TABLE 142 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 157
TABLE 143 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 157
TABLE 144 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 157
TABLE 145 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 157
TABLE 146 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 158
TABLE 147 SOUTH KOREA: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 158
11.5.7 REST OF ASIA PACIFIC 158
TABLE 148 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 158
TABLE 149 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 159
TABLE 150 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 159
TABLE 151 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 159
TABLE 152 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 159
TABLE 153 REST OF ASIA PACIFIC: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 160
11.6 REST OF THE WORLD 160
11.6.1 RECESSION IMPACT ANALYSIS: REST OF THE WORLD 160
TABLE 154 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2019–2022 (USD MILLION) 161
TABLE 155 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY COOLING TECHNOLOGY, 2023–2028 (USD MILLION) 161
TABLE 156 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY APPLICATION 2019–2022 (USD MILLION) 161
TABLE 157 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 161
TABLE 158 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION 2019–2022 (USD MILLION) 162
TABLE 159 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY DEFENSE APPLICATION, 2023–2028 (USD MILLION) 162
TABLE 160 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2019–2022 (USD MILLION) 162
TABLE 161 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY COMMERCIAL APPLICATION, 2023–2028 (USD MILLION) 163
TABLE 162 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLION) 163
TABLE 163 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY END USE, 2023–2028 (USD MILLION) 163
TABLE 164 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2019–2022 (USD MILLION) 164
TABLE 165 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY SPECTRUM, 2023–2028 (USD MILLION) 164
TABLE 166 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY REGION, 2019–2022 (USD MILLION) 164
TABLE 167 REST OF THE WORLD: MULTISPECTRAL CAMERA MARKET, BY REGION, 2023–2028 (USD MILLION) 165
11.6.2 MIDDLE EAST & AFRICA 165
11.6.2.1 Growing need for agricultural and environmental monitoring to drive market 165
TABLE 168 MIDDLE EAST & AFRICA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2019–2022 (USD MILLION) 165
TABLE 169 MIDDLE EAST & AFRICA: MULTISPECTRAL CAMERA MARKET, BY APPLICATION, 2023–2028 (USD MILLION) 166
TABLE 170 MIDDLE EAST & AFRICA: MULTISPECTRAL CAMERA MARKET, BY END USE, 2019–2022 (USD MILLI