The global digital imaging market size reached USD 20.32 Billion in 2021 and is expected to register a revenue CAGR of 8.9% during the forecast period, according to latest analysis by Emergen Research. Growing industrialization in emerging countries and rapid adoption of industrial automation, as well as various implementation of technological advancements, are a few of the factors driving market revenue growth.

Image sharpening and restoration of digital image goods is rising demand for various technical procedures including facial identification, remote sensing, pattern detection, and color processing. Accuracy, time-effectiveness, and environmental responsibility are some of the major factors driving demand for digital imaging in various industries. Digital imaging provides easy access as impressions are recorded electronically, resulting in shorter processing time and ability to identify abnormalities promptly. Rapid adoption of medical imaging for ultrasonography, computed tomography, mammography, X-rays, and nuclear medicine allows for a quick confirmation, assessment, and documenting of illness progress and response to therapy.

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Utilization of digital imaging solutions allows for paperless and digitization, which offers various advantages, including lower total medical care costs and more global real-time access to these images. Provision of data accessibility, which helps enterprises to accurately develop a company's research & development, is driving growth of the market.

On June 23, 2022, Teledyne FLIR Defense, a subsidiary of Teledyne Technologies Incorporated., a leading provider of sophisticated digital imaging products and software, engineered systems, and aerospace and defense electronics, entered into a framework agreement with Norwegian Defense Materiel Agency worth up to USD 48 million. This agreement includes supply of sophisticated Black Hornet Nano-UAVs for four years, but it may be extended for an additional three years. Black Hornet weighs 33 grams (less than 0.1 pounds) and measures 168 millimeters, making it well-suited for operations in crowded and GPS-denied conditions. Over 12,000 Black Hornets have been provided to military and security forces throughout the world by Teledyne FLIR Defense.

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The Global Digital Imaging Market Research Report provides a brief overview inclusive of the competitive landscape and key developments, policies, manufacturing costs, and processes. The report also provides the analysis of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue, and gross margins. The report further discusses in detail the driving factors influencing the growth of the market currently and in the coming years.

Key players include Nikon Corporation, Olympus Corporation, General Electric, Hexagon, AMETEK.Inc., Cognex Corporation, Matrox, Teledyne Technologies Incorporated, Keyence Corporation, and OMRON Corporation.

Emergen Research has segmented global the digital imaging market based on technology, application, industry, and region:

Technology Outlook (Revenue, USD Billion; 2019-2030)

Metrology

Radiography

X-ray testing

Computed radiography

Gamma-Ray testing

Direct radiography

Film radiography

LiDAR

Machine Vision

Application Outlook (Revenue, USD Billion; 2019-2030)

Reverse Engineering

Inspection

Surveying

Exploration

Urban planning

Engineering

Corridor mapping

Cartography

Industry Outlook (Revenue, USD Billion; 2019-2030)

Aerospace

Machinery

Consumer electronics

Automotive

Food & beverages

Healthcare

Oil & gas

Others

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The report also offers regional level analysis and market estimation for the regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Regional Outlook of Digital Imaging Market:

North America

U.S.

Canada

Mexico

Europe

Germany

U.K.

Italy

France

BENELUX

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

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Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Digital Imaging market?

What are the key product types and applications of the Digital Imaging industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Digital Imaging market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Digital Imaging Market by 2030?

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