Market Overview:
The global magnetic field camera market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these cameras from various end-use industries, such as automotive, aerospace & defense, and others. In addition, the growing awareness about the benefits of using magnetic field cameras is also contributing to the growth of this market. Based on type, the global magnetic field camera market can be segmented into single axis and three-axis magnetic field cameras. The three-axis magnetic field camera segment is expected to grow at a higher CAGR than the single axis Magnetic Field Camera segment during the forecast period from 2018 to 2030. This growth can be attributed to its ability detect small magnets as well as large magnets and components with high accuracy. Based on application,the global Magnetic Field Camera Market can be divided into detection of small magnets, inspection of large magnets and components, detection of permanent magnet rotor (PMR), and others (including research & development applications).
Product Definition:
A Magnetic Field Camera is a device that captures an image of the magnetic field surrounding a given object. This type of camera is used in a variety of industries, including aerospace and defense, to help identify potential sources of interference or malfunction.
Single Axis:
Single-axis magnetic field cameras are used to capture images in a horizontal plane with the help of a permanent magnet. These devices have been gaining popularity owing to their ability to provide high-quality images and videos, even at night. The technology has evolved over time, from simplex cameras used for surveillance in public places such as government buildings and airports, towards advanced single axis digital or analog magnetic field camera systems that can be installed on unmanned aerial vehicles (UAVs).
Three-axis:
The three-axis is a device, which has ability to adjust the inclination of image capturing by the rotation of camera around its vertical, horizontal and orthogonal (side) axes. The inclination can be changed in any combination as per requirement. It’s used in Magnetic Field Camera (MFC), which are widely used for research purposes including medical imaging and earth science among others.
Application Insights:
In terms of revenue, inspection of large magnets and components held the largest share in 2017. This is attributed to the increasing use of these devices for inspecting automotive magnetic storage tapes, electric motors and generators, transformers & power units as well as medical equipment. The detection of small magnets segment is expected to witness lucrative growth over the forecast period owing to its rising application in industrial machinery such as automated teller machines (ATM), cash dispensing systems, credit card readers/writers etc.
The permanent magnet rotor segment is projected to exhibit considerable growth during the study period owing to its rising adoption in various end-use industries such as energy generation and transmission equipment; transportation including automobiles, aircrafts and ships; consumer electronics; telecommunication etc. Other applications include research on brain activity using MRI scanners or MEG scanners or testing new drugs using PET/CT scanners among others which are yet unidentified areas within this industry vertical thus offering ample scope for market expansion during future years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and research institutes working on advanced magnetometers. The region is expected to maintain its dominance over the forecast period due to increasing R&D spending by governments and private organizations. For instance, in 2015, NASA initiated a project named “Gravity Recovery And Climate Experiment (GRACE)†which was designed for observing Earth’s magnetic field using satellites. This project is expected to provide significant insights into understanding how climate change affects Earth’s magnetic field strength, which will further help improve current magnetometers used for defense purposes as well as industrial applications such as oil & gas exploration and metal detection at airports etc.
Asia Pacific regional market is anticipated to grow at an exponential rate over the forecast period owing to growing investments by various government organizations in developing countries such as India and China along with Japan are anticipated boost growth prospects of this industry globally.
Growth Factors:
- Increasing demand for security and surveillance systems across the globe is expected to drive the growth of magnetic field camera market over the forecast period.
- Growing popularity of 3D printing technology is anticipated to boost the demand for magnetic field cameras in near future.
- Rising number of research and development activities in medical sector is projected to propel the growth of magnetic field camera market during forecast period.
- Increasing adoption of 3D imaging technology in various industrial applications is likely to fuel the demand for magnetic field cameras in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Field Camera Market Research Report
By Type
Single Axis, Three-axis
By Application
Detection Of Small Magnets, Inspection Of Large Magnets And Components, Detection Of Permanent Magnet Rotor, Others
By Companies
Magcam, Metrolab, 360 Magnetics, Matesy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Field Camera Market Report Segments:
The global Magnetic Field Camera market is segmented on the basis of:
Types
Single Axis, Three-axis
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Detection Of Small Magnets, Inspection Of Large Magnets And Components, Detection Of Permanent Magnet Rotor, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Magcam
- Metrolab
- 360 Magnetics
- Matesy
Highlights of The Magnetic Field Camera Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Axis
- Three-axis
- By Application:
- Detection Of Small Magnets
- Inspection Of Large Magnets And Components
- Detection Of Permanent Magnet Rotor
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Field Camera Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Magnetic Field Camera is a device that uses magnetic fields to capture images or videos. This type of camera is often used in scientific research and industrial applications, such as surveying.
Some of the major companies in the magnetic field camera market are Magcam, Metrolab, 360 Magnetics, Matesy.
The magnetic field camera market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Field Camera Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Field Camera Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Field Camera Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Field Camera Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Field Camera Market Size & Forecast, 2018-2028
4.5.1 Magnetic Field Camera Market Size and Y-o-Y Growth
4.5.2 Magnetic Field Camera Market Absolute $ Opportunity
Chapter 5 Global Magnetic Field Camera Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Field Camera Market Size Forecast by Type
5.2.1 Single Axis
5.2.2 Three-axis
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Field Camera Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Field Camera Market Size Forecast by Applications
6.2.1 Detection Of Small Magnets
6.2.2 Inspection Of Large Magnets And Components
6.2.3 Detection Of Permanent Magnet Rotor
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Field Camera Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Field Camera Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Field Camera Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Field Camera Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Field Camera Market Size Forecast by Type
9.6.1 Single Axis
9.6.2 Three-axis
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Field Camera Market Size Forecast by Applications
9.10.1 Detection Of Small Magnets
9.10.2 Inspection Of Large Magnets And Components
9.10.3 Detection Of Permanent Magnet Rotor
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Field Camera Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Field Camera Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Field Camera Market Size Forecast by Type
10.6.1 Single Axis
10.6.2 Three-axis
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Field Camera Market Size Forecast by Applications
10.10.1 Detection Of Small Magnets
10.10.2 Inspection Of Large Magnets And Components
10.10.3 Detection Of Permanent Magnet Rotor
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Field Camera Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Field Camera Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Field Camera Market Size Forecast by Type
11.6.1 Single Axis
11.6.2 Three-axis
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Field Camera Market Size Forecast by Applications
11.10.1 Detection Of Small Magnets
11.10.2 Inspection Of Large Magnets And Components
11.10.3 Detection Of Permanent Magnet Rotor
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Field Camera Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Field Camera Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Field Camera Market Size Forecast by Type
12.6.1 Single Axis
12.6.2 Three-axis
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Field Camera Market Size Forecast by Applications
12.10.1 Detection Of Small Magnets
12.10.2 Inspection Of Large Magnets And Components
12.10.3 Detection Of Permanent Magnet Rotor
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Field Camera Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Field Camera Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Field Camera Market Size Forecast by Type
13.6.1 Single Axis
13.6.2 Three-axis
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Field Camera Market Size Forecast by Applications
13.10.1 Detection Of Small Magnets
13.10.2 Inspection Of Large Magnets And Components
13.10.3 Detection Of Permanent Magnet Rotor
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Field Camera Market: Competitive Dashboard
14.2 Global Magnetic Field Camera Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Magcam
14.3.2 Metrolab
14.3.3 360 Magnetics
14.3.4 Matesy
