Global GigE Camera Market

According to Stats and Research, the 2021 growth of GigE Camera will have significant change from previous year. By the most conservative estimates of global GigE Camera market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2021, from US$ 628.5 million in 2020. Over the next five years the GigE Camera market will register a 9.4% CAGR in terms of revenue, the global market size will reach US$ 901.6 million by 2027.

The gigE camera allows for seamless integration between machine vision hardware and software products. Hence, GigE reduces the tedious, time-consuming multi-vendor integration issues that slow down the machine vision industry.The high-speed data transfer rate up to 1000 Mb/s capability by offering RAW images is driving the applications of the GigE cameras.

In this technology, the cap on the number of interfaced devices is eliminated. Therefore, allowing a large number of networked imaging cameras to function in any setting effectively. Also, GigE cameras offer high data rates and long cable lengths on a standard connection found on all modern computers.

Moreover, these cameras eliminate the need for frame grabbers, which is a necessary component when used with analogue technology or conventional cameras. Hence, the installation cost of a GigE camera setup is relatively low, which is further fueling its adoption rate.

However, the application of GigE cameras need universal drivers for interoperability, and also, the high speed and high-resolution capability increases the load on the system CPU, limiting market growth to an extent.

The major manufacturers covered in this report

Basler

Point Grey

Baumer

Jai

Teledyne DALSA

Sony

Allied Vision

IDS

The Imaging Source

Toshiba Teli

PixeLINK

Microscan

IMPERX

Leutron Vision

Sentech

Matrox

GEViCAM

Fairsion

Daheng Image

Vezu Tech

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Line Scan Camera

Area Scan Camera

By Application, the market can be split into

Industrial

Medical and Life Sciences

Security and Surveillance

GIS

Intelligent Transportation System (ITS)