The global imaging colorimeters market was worth approximately USD 502.34 million in 2022. This figure is predicted to rise to around USD 859.64 million by 2030, representing a compound annual growth rate (CAGR) of approximately 6.95% between 2023 and 2030.
Imaging Colorimeters Market Overview
The primary objective of a colorimeter, which belongs to the colorimetry subfield, is to determine the concentration of colored components in a specific solution. Colorimeters were employed throughout the investigation. In contrast, an image colorimeter is a complex piece of equipment that measures absorbance at a specific light wavelength. It has a huge testing capacity and an integrated microprocessor for accurate findings.
They have a range of applications in a variety of sectors, particularly those that need the characterization or measurement of color characteristics. They are divided into four fundamental divisions that aid in operations such as light collection, filtering, processing, and analysing. A colorimeter, for example, is equipped with a camera and a sensor that work together to record light reflected off an object.
The filtering element ensures that the light captured corresponds to how humans respond to or interpret light. The data is processed using the installed microprocessor, with the final stage consisting of information analysis and the production of appropriate results that can be valuable to the user.
Imaging Colorimeter Market Dynamics
Display technology's continuous progress helps to the market's growth.
The increasing rate of innovation in display technology, which deals with screens and monitors used by the general public, government institutes, as well as commercial and industrial applications, is likely to boost the global market for imaging colorimeters. This is expected to be the primary driver of market expansion.
Imaging colorimeters are commonly used in the production of liquid-crystal displays (LCDs), light-emitting diode (LED) displays, and other advanced variants such as organic LED or OLED displays. Consumers are much more aware of the products that are available to them as a result of the expanding quantity of possibilities available on the commercial market.
Imaging Colorimeter Market Segmentation
The market for imaging colorimeters is divided into submarkets based on the applications, types, and geographies in which they are used.
The various areas of the global market include surface inspection, display tests, automotive solutions, keyboard inspection, and other applications. In 2022, the display test industry recorded the highest revenue growth. Over the forecast period, display testing is expected to increase at the fastest compound annual growth rate (CAGR) of 7.49%. This is due to the growing need for commercial-grade versions of the most recent display technologies. Expansion of the consumer electronics group sector, as well as increased product penetration and exploration in emerging markets, will all contribute to stronger segmental growth. In the display defect detection process, imaging colorimeters can be used to analyze screen degradation, pixel flaws, and other physical anomalies.
Regional Imaging Colorimeters Market Analysis
North America will see the most expansion.
Because of the presence of a healthy and broad consumer electronic goods sector, North America is likely to lead the worldwide imaging colorimeters market during the forecast period. In 2022, more than 85.9% of high-income persons were known to own flat-screen televisions. Furthermore, investment in display technology is increasing throughout the region.
Imaging Colorimeters Market: Competitive Analysis
The global imaging colorimeters market is led by players like:
JETI Technische Instrumente GmbH
Konica Minolta Sensing
Gooch Housego PLC
X-Rite Incorporated
Photo Research Inc.
Radiant Vision Systems
Colorix SA
TechnoTeam Bildverarbeitung GmbH
UPRtek
Admesy BV
Everfine Photo-E-Info Co. Ltd.
Instrument Systems GmbH
Eurolighting GmbH
Pro-Lite Technology Ltd.
Elcometer Limited
Datacolor AG
Instrument Systems Optische Messtechnik GmbH
Konica Minolta Inc.
PRISMS Inc.
Hangzhou Hopoo Light Color Technology Co. Ltd.
ELDIM SAS
The global imaging colorimeters market is segmented as follows:
By Application
Surface Inspection
Display Test
Automotive Solutions
Keyboard Inspection
Others
By Type
Interline Transfer Charge-Coupled Device (CCD)
Full Frame Charge-Coupled Device (CCD)
Others
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East Africa
GCC
South Africa
Rest of Middle East Africa
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