Global GigE Camera
Market Report
2025
GigE Camera Market size is USD 1125.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 12.50% from 2023 to 2030
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Why Area Scan Cameras have a significant impact on GigE Camera market? |
What are the key factors affecting the Area Scan Cameras and Line Scan Cameras of GigE Camera Market? |
What is the CAGR/Growth Rate of Complementary Metal Oxide Semiconductor (CMOS) during the forecast period? |
By type, which segment accounted for largest share of the global GigE Camera Market? |
Which region is expected to dominate the global GigE Camera Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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GigE Camera Market Size, Share & Trends Analysis Report by Type (Area Scan Cameras and Line Scan Cameras), By Technology (Complementary Metal Oxide Semiconductor (CMOS) and Charge Coupled Device (CCD)), By Spectrum (Monochrome Camera, Color Camera, Near Infrared (NIR) Cameras, and Ultraviolet (UV) Camera), By Application (Automotive, Military & Defense, Food & Packaging, Pharmaceutical, Security & Surveillance, Medical, Industrial, and Others), By Region, And Segment Forecasts, 2023 – 2030.
Market Overview
According to Cognitive Market Research, the global GigE Camera Market size is USD 1125.2 million in 2023 and will expand at a compound annual growth rate (CAGR) of 12.50% from 2023 to 2030. GigE Cameras are particular image camera types specifically engineered to connect to computer systems through GigE connectors. Their interface is based on the GigE Vision standard created for industrial cameras. These cameras are employed in applications that require efficient and precise image processing and many cameras. Extended cable lengths and basic, inexpensive network components allow these cameras to be placed in faraway places without a single computer. The worldwide need to upgrade transportation infrastructure is driving the need for GigE cameras to enforce red lights, tolls, and appropriate speeds, driving the market for these cameras. Additionally, the GigE camera market is expected to develop steadily during the projection period due to its capabilities of quicker transfer rates and connectivity with various devices. Effective data transport is also anticipated to fuel the market's expansion.
How did COVID–19 Impact the GigE Camera Market?
The global economy is in shambles as a result of the COVID-19 outbreak. A steep decline in investment in new infrastructure is likely to put a damper on the GigE camera industry. The global shutdown of operations for office equipment and cameras indicated the impact of COVID-19 on the camera sector. Because of supply chain disruptions, many companies saw a decline in their plant utilization rate. This led to a scarcity of goods for companies. Therefore, the disruption of film shooting and the film industry due to the COVID-19 epidemic is projected to affect market growth severely.
MARKET DYNAMICS: KEY DRIVERS
Machine Vision Cameras Increase the Demand for GigE Camera Market Output
GigE is the most popular and sought-after interface for machine vision cameras. An interface standard for industrial image processing by digital cameras, GigE vision has its roots in machine vision. Many different kinds of businesses make use of machine vision cameras. These include the medical field, the food and beverage industry, pharmaceuticals, packaging and printing, healthcare, and the electronics and semiconductor industries. The field of machine vision has seen much growth in vision-guided robotics systems in the past few years, which has led to an increase in the demand for vision-guided robot controllers that integrate machine vision systems. Machine vision technologies make robots more efficient and effective by letting them see and respond to their environment.
Government Security and Surveillance to Propel Market Growth
Government agencies, cities, and towns have started installing smart cameras because of their superior image-taking capabilities and faster processing speeds. It is currently widely believed that GigE cameras are the best of their kind because of their suitability for both ground and aerial monitoring. Furthermore, GigE cameras offer the greatest technological flexibility in cable length, bandwidth, and interoperability with multiple cameras. More and more products are fitted with smart video surveillance features, driving the need for GigE cameras to improve monitoring and security. This is likely to lead to massive growth for the GigE camera industry.
MARKET DYNAMICS: KEY RESTRAINTS
Cost Implication and Packet Switching Concerns Related to Certain Ingredients Restrict Market Growth
The enormous cost of developing imaging equipment disproportionately impacts some businesses, including the food and beverage, oil and gas, banking and finance, and defense and military sectors. Companies must invest a lot in GigE camera R&D to satisfy the specific needs of industries like oil and gas. The high cost of research and development impacts vendor profitability, limiting the expansion of the global GigE camera market. The reliance on packet switching, the foundation of the Ethernet protocol, is a major flaw in GigE Vision. A central processing unit (CPU) interrupt is necessary for every transmission of data packets. Data packets overwhelm the central processing unit (CPU) when there are several image transfers. Damage to packets and delays in transmission were the result of the interruption.
How are Segments Performing in the Global GigE Camera Market?
Type Segment Analysis
According to Cognitive Market Research, area scan cameras held the major market share over the forecast period because an area scan camera takes a picture of a specific area using a matrix of pixels. They are a better alternative to line scan cameras because of their versatility and ease of setup and alignment. In situations where the item is stationary, even for a short period, area scan cameras work well. A growing number of independent filmmakers and content creators around the globe are driving demand for area scan cameras.
Line scan cameras are the fastest-growing category over the forecast period because line scan cameras capture an unending image on a line-by-line basis. The software does this at a rate of 10,000 images per second. Long line lengths (more than 10,000 pixels) ensure exceptional spatial resolution, requiring only a narrow strip to be lighted. When the camera needs to glimpse past conveyor rollers to see the bottom of an item, a line scan system can more readily fit into confined areas. The resolution that line scan systems can deliver is typically far higher than that of conventional cameras.
Technology Segment Analysis
According to Cognitive Market Research, complementary metal oxide semiconductor (CMOS) holds a prominent market share because Complementary Metal Oxide Semiconductor (CMOS) image sensors are becoming more popular in many fields, such as security monitoring, medical imaging, and industrial automation. These devices can reduce power consumption and provide efficient, low-power memory storage because they use electrons of opposite polarity. CMOS image sensors have a significant advantage in terms of power usage. Because of this, they are perfect for power-sensitive battery-operated electronics like surveillance cameras, drones, and cell phones.
Charge coupled device (CCD) is the fastest-growing category over the forecast period due to its many benefits, such as a higher dynamic range, low noise, linear response, and almost no geometrical distortion. CCDs are the most used picture detectors. The capacity of CCD cameras to capture images in low light conditions has led to their widespread use in the market growth.
Spectrum Segment Analysis
According to Cognitive Market Research, monochrome cameras hold a prominent market share because of their superior sensitivity and cheaper price tag; monochrome cameras are quickly replacing their color counterparts. When quick and clear pictures are needed, they find extensive usage in scientific research, medical imaging, and industrial automation. The section of the GigE Camera market devoted to monochrome cameras is experiencing strong growth due to the widespread use of these cameras in many industries. New high-dynamic-range, low-noise monochrome sensors are also on the horizon, which should help propel this market sector forward.
Ultraviolet (UV) cameras are the fastest-growing category over the forecast period because by utilizing ultraviolet (UV) cameras, forensic investigators and scientists can recover previously undetectable evidence. Using an ultraviolet (UV) camera instead of regular lighting makes bite marks and other wounds more visible. Two techniques available for photography using ultraviolet light are expected to fuel the demand for UV cameras in the GigE market.
Application Segment Analysis
According to Cognitive Market Research, automotive holds a prominent market share because passenger safety is becoming an increasingly important concern for car makers. The widespread use of these cameras in vehicles drives the segment's expected expansion over the next few years. Prominent manufacturing companies' rising spending on cameras and accessories has boosted the expansion of the GigE camera market.
Pharmaceuticals are the fastest-growing category over the forecast period because modern pharmaceuticals have greatly increased the average lifespan and quality of life for many people. Potential uses of medicine include curing, symptom alleviation, disease start delay, and consequence prevention.
Which Region Dominates the Market in 2023, and Which Region is Expanding at the Fastest CAGR?
According to Cognitive Market Research, North America dominated the market in 2023, accounting for around 40% of the global revenue because of the widespread use of cutting-edge technology and the progress made in the built environment. An additional important reason that is anticipated to propel GigE camera demand in North America is the pressing requirement for top-notch cameras for surveillance and security applications.
Asia Pacific is the fastest-growing category because many large companies have their headquarters in several nations in this area. Another driving the GigE camera industry in this area is the increasing use of various end-user verticals for GigE cameras. The region is also expected to have the greatest CAGR during the predicted time frame.
COMPETITIVE LANDSCAPE: GIGE CAMERA MARKET
The competitive landscape of the GigE camera market is broken down by competitor, with each company's overview, financials, revenue, market potential, R&D investment, new market initiatives, regional presence, strengths and weaknesses, product launch, product breadth and depth, application dominance, and so on covered. This data applies only to companies focusing on the GigE camera market.
Some Prominent Players in the Global GigE Camera Market include:
Market Summary:
SEGMENTATION: GigE Camera Market) for the front camera market
Type Outlook:
Technology Outlook:
Spectrum Outlook:
Application Outlook:
Regional Outlook:
Frequently asked questions regarding the global GigE Camera Market
Answer- The global market size for Electronic Camera Stabilizers in 2023 was 1125.2 USD million.
Answer- The global GigE Camera Market is expected to grow with a CAGR of 12.50% over the projected period.
Answer- North America held a significant global GigE Camera Market revenue share in 2023.
Answer- The Asia Pacific will witness the fastest growth of the global GigE Camera Market over the coming years.
Answer- The US had the most significant global GigE Camera Market revenue share in 2023.
Answer- The main drivers of the growth of the GigE Camera Market are sophisticated innovations and technological developments. More technological flexibility in terms of cable length, capacity, and interoperability is available with GigE cameras. As more and more products incorporate smart video surveillance features, GigE cameras are essential for improved monitoring and security. This will likely lead to a meteoric rise in the GigE camera market.
Answer- The area scan camera segment had the largest share in the global GigE Camera Market by type.
Answer- In 2023, the Complementary Metal Oxide Semiconductor (CMOS) segment had a significant revenue share in the global GigE Camera Market in terms of technology.
Regional Insights
North America
According to Cognitive Market Research, the global GigE Camera Market size was estimated at USD 1125.2 Million, out of which North America held the major market of more than 40% of the global revenue with market size of USD 450.08 million in 2023 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2023 to 2030 because of several reasons, including the dense concentration of major firms in the area, the increasing need for cutting-edge imaging solutions across sectors like healthcare, manufacturing, and transportation, and the widespread use of cutting-edge technology like robotics and machine vision. Moreover, the area is highly invested in R&D, which has resulted in cutting-edge imaging solutions and technology. The GigE Camera Market in North America is rising for several reasons, one of which is the widespread use of these cameras in fields like industrial automation, healthcare imaging, and security surveillance. According to Cognitive Market Research, the area scan camera uses a pixel matrix to capture an image of a predetermined region. Their superiority over line scan cameras is due to their adaptability and simplicity of installation and alignment. Area scan cameras are really useful when the object is not moving, even for a brief moment. Area scan cameras are becoming increasingly popular among local and indie filmmakers and content makers worldwide. In conclusion, the North American GigE Camera Market is thriving due to advancements in the built environment and the extensive use of state-of-the-art technologies.
Country |
Market Size (USD Million) |
CAGR |
The US |
355.11 |
10.5% |
Canada |
54.01 |
11.5% |
Mexico |
40.96 |
11.2% |
Europe
According to Cognitive Market Research, with a market value of USD 1125.2 million in 2023 and projected to expand at a compound annual growth rate (CAGR) of 11.0% from 2023 to 2030, Europe accounted for a share of over 30% of the global market size of USD 337.56 million because including the many large companies located there, the growing need for sophisticated imaging technologies in sectors like manufacturing, healthcare, and the automotive industry, and the widespread usage of cutting-edge technology like robots and machine vision. In addition, the region's strong investment in research and development has led to the emergence of state-of-the-art imaging technologies and techniques. According to Cognitive Market Research, Users love Complementary Metal Oxide Semiconductor (CMOS) because CMOS image sensors are gaining traction in numerous domains, including industrial automation, medical imaging, and security surveillance. Incorporating polarized electrons into their operation allows these devices to minimize power consumption and offer effective, low-power memory storage. When comparing power consumption, CMOS picture sensors are light years ahead. In conclusion, the European GigE Camera Market is thriving because the local purchasing power has increased, leading to a boom in the demand for camera accessories and items.
Country |
Market Size (USD Million) |
CAGR |
United Kingdom |
56.71 |
11.8% |
France |
31.06 |
10.2% |
Germany |
66.84 |
11.2% |
Italy |
29.03 |
10.4% |
Russia |
52.32 |
10.0% |
Spain |
27.68 |
10.1% |
Luxembourg |
10.46 |
11.1% |
Portugal |
7.09 |
10.8% |
Greece |
4.05 |
11.3% |
Rest of Europe |
52.32 |
9.7% |