Bolometer Market Report: Trends, Forecast and Competitive Analysis to 2030

Bolometer Trends and Forecast

The future of the global bolometer market looks promising with opportunities in the automotive, aerospace, and defense markets. The global bolometer market is expected to reach an estimated $2.7 billion by 2030 with a CAGR of 16.8% from 2024 to 2030. The major drivers for this market are rising demand for infrared sensors in security and surveillance applications, growing demand for precision temperature measurement, and increasing adoption of bolometers in automotive safety systems.

A more than 150-page report is developed to help in your business decisions.

Bolometer by Segment

The study includes a forecast for the global bolometer by type, application, end use industry, and region.

Bolometer Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Semiconductor Bolometers
• Superconducting Bolometers
• Hot Electron Bolometers

Bolometer Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive Industry
• Aerospace Industry
• Defense Industry
• Others

Bolometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Bolometer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies bolometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the bolometer companies profiled in this report include-

• BAE Systems
• Flir Systems
• Honeywell
• L-3 Communications
• Mikrosens
• Teledyne Dalsa
• Infrared Laboratories
• Testo
• Raytheon
• Hamamatsu

Bolometer Market Insights

Lucintel forecasts that semiconductor bolometers will remain the largest segment over the forecast period due to its increasing usage in various applications, such as temperature measurement, detection of fire or smoke and monitoring air or water temperature.

Within this market, automotive industry will remain the largest segment over the forecast period due to rising use of thermal imaging cameras in modern vehicles.

North America is expected to witness the highest growth due to growing adoption rates of advanced technologies especially related automobile safety systems & smartphone integration with infotainment units & advanced driver assistance systems (ADAS).

Features of the Global Bolometer Market

Market Size Estimates: Bolometer market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Bolometer market size by type, application, and region in terms of value ($B).

Regional Analysis: Bolometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the bolometer market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the bolometer market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the bolometer market size?

Answer: The global bolometer market is expected to reach an estimated $2.7 billion by 2030.

Q.2 What is the growth forecast for bolometer market?

Answer: The global bolometer market is expected to grow with a CAGR of 16.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the bolometer market?

Answer: The major drivers for this market are rising demand for infrared sensors in security and surveillance applications, growing demand for precision temperature measurement, and increasing adoption of bolometers in automotive safety systems .

Q4. What are the major segments for bolometer market?

Answer: The future of the global bolometer market looks promising with opportunities in the automotive, aerospace, and defense markets.

Q5. Who are the key bolometer market companies?

Answer: Some of the key bolometer companies are as follows:

• BAE Systems
• FLIR Systems
• Honeywell
• L-3 Communications
• Mikrosens
• Teledyne DALSA
• Infrared Laboratories
• Testo
• Raytheon
• Hamamatsu

Q6. Which bolometer market segment will be the largest in future?

Answer: Lucintel forecasts that semiconductor bolometers will remain the largest segment over the forecast period due to its increasing usage in various applications, such as temperature measurement, detection of fire or smoke and monitoring air or water temperature.

Q7. In bolometer market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth due to growing adoption rates of advanced technologies especially related automobile safety systems & smartphone integration with infotainment units & advanced driver assistance systems (ADAS).

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the bolometer market by type (semiconductor bolometers, superconducting bolometers, and hot electron bolometers), application (automotive industry, aerospace industry, defense industry, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?