Cooled IR Imaging consists of thermal imaging cameras in which a cryocooler is integrated with an imaging sensor which helps in lowering the sensor temperature to cryogenic levels. These cameras are highly sensitive and can differentiate between slight temperature changes compared to uncooled thermal imaging cameras. Cooled thermal imaging cameras are costlier than the uncooled ones and are primarily used in defense applications for their sharp thermal contrast and effectiveness in long distance imaging for man-sized targets.

Ø The overall IR imaging market is around $4.9bn in 2013 and is expected to grow at 7% during the 2013 – 2018 period.

Ø Military and defense applications have a majority market share in this industry and the commercial, dual-use applications have the remaining market share.

Ø The report segments the cooler thermal imaging market by spectrum ranges, focal plane array types and end use applications.