Line Scan Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Line Scan Market: By Type (Linear Detector Arrays (LDA) and, High Performance LDA), By Application (Food Industry, Pharmaceutical Industry, and Others), and Geography

 

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Report

Description

The line scan market is anticipated to be valued at USD 1,824.6 million in 2021 and is expanded to grow at a significant CAGR of 7.7% over 2022-2028. The increasing number of cancers in the world population is propelling the growth of the global line scan market. Even though OCT devices have been on the market for a long time, technological developments will lead to a wider application of OCT imaging in biomedical domains, replacing or complementing some of today’s diagnostic instruments and medical treatments. OCT imaging is projected to have a substantial impact on existing medical practices. This will change current practices, such as the early detection of cancerous growth, and in turn, increase the demand for line scanners application in the early detection of cancer. Increased pharmaceutical applications create growth opportunities for the line scan market. Paper, metal rolls, fiber, railway inspection, solar cells, textiles, pharmaceuticals, semiconductors, and postal sorting are just a few of the uses for line-scan inspection. For instance, SWIR cameras are commonly used in hyperspectral imaging systems for pharmaceutical applications. For example, similar tablets of generic drug compounds such as aspirin, acetaminophen, vitamin C, and vitamin D can be inspected. Moreover, line scan cameras are constantly improving in performance while becoming more and more affordable The linear detector arrays segment is projected to dominate all the other segments in the global line scan. In 2020, Linear Detector Arrays (LDA) accounted for a larger revenue share and are projected to grow with a CAGR of 7.6% from 2022-2028 to reach USD 2,270.3 Mn by 2028. Based on application food industry segment accounted for the highest share.

 

Recent Market Developments:

In April 2022, Xenics introduced Ceres V.  Ceres V 640 and Ceres V 1280 have been announced as the new high-performance offer for long-wave infrared (LWIR) cameras from Xenics. The Ceres V family complements the previously introduced Ceres T family expanding the possible options for thermal imaging and thermographic application.

In December 2018, Detection Technology Plc acquires the business of the French technology company MultiX S.A. The business is being bought from MultiX, which is undergoing reorganisation proceedings, based on a legal decision. The asset purchase deal includes MultiX’s licensing agreements and patents, and fixed and current assets. In addition, the company’s personnel will join Detection Technology.

Line Scan Market

MARKET SUMMARY
-
7.7% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 7.7%
  • Largest Market– North America
  • Fastest Growing Market– Asia-Pacific

Line Scan Market

  • The line scan market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The line scan market is segmented based on type, application, and geography.
Key Players
  • Detection Technology Plc
  • Xenics NV.
  • LASER COMPONENTS
  • SDR Scientific.
  • Lumentum Operations LLC
Line Scan Market

Dynamics

Elevated body temperature screening and the growing prevalence of cancer conditions are driving the growth of the global line scan market. Rising R&D investments and the rise in the number of manufacturers offering innovative products boost the global market. Government restrictions on exporting and importing SWIR cameras and the high cost of the line scan cameras could hinder the global industry.


Asia-Pacific Got Significant Share

Line Scan Market

Asia Pacific is expected to develop at the fastest CAGR during the forecast period. Due to increased air travel, the aviation industry is expected to grow until 2026. Furthermore, as the demand for new aircraft deliveries grows, so makes the need for aircraft sensors. The expansion of the Line Scan Camera market will be fueled by the growth of regional and commercial aircraft programs. Europe is expected to grow at a robust rate during the projected period, thanks to an increase in UAV development spending. Furthermore, the demand is being fueled by the increasing commercial applications of drones.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Line Scan Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The line scan market is projected to expand at a CAGR of 7.7% during the forecast period.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Ams technologies, Detection Technology Plc, SDR Scientific, Lumentum Operations LLC


Report

Company Profile

  • Detection Technology Plc
  • Xenics NV.
  • LASER COMPONENTS
  • Luna
  • SDR Scientific.
  • Lumentum Operations LLC
  • Ams technologies
  • Thorlabs, Inc

Description

The line scan market is anticipated to be valued at USD 1,824.6 million in 2021 and is expanded to grow at a significant CAGR of 7.7% over 2022-2028. The increasing number of cancers in the world population is propelling the growth of the global line scan market. Even though OCT devices have been on the market for a long time, technological developments will lead to a wider application of OCT imaging in biomedical domains, replacing or complementing some of today’s diagnostic instruments and medical treatments. OCT imaging is projected to have a substantial impact on existing medical practices. This will change current practices, such as the early detection of cancerous growth, and in turn, increase the demand for line scanners application in the early detection of cancer. Increased pharmaceutical applications create growth opportunities for the line scan market. Paper, metal rolls, fiber, railway inspection, solar cells, textiles, pharmaceuticals, semiconductors, and postal sorting are just a few of the uses for line-scan inspection. For instance, SWIR cameras are commonly used in hyperspectral imaging systems for pharmaceutical applications. For example, similar tablets of generic drug compounds such as aspirin, acetaminophen, vitamin C, and vitamin D can be inspected. Moreover, line scan cameras are constantly improving in performance while becoming more and more affordable The linear detector arrays segment is projected to dominate all the other segments in the global line scan. In 2020, Linear Detector Arrays (LDA) accounted for a larger revenue share and are projected to grow with a CAGR of 7.6% from 2022-2028 to reach USD 2,270.3 Mn by 2028. Based on application food industry segment accounted for the highest share.

 

Recent Market Developments:

In April 2022, Xenics introduced Ceres V.  Ceres V 640 and Ceres V 1280 have been announced as the new high-performance offer for long-wave infrared (LWIR) cameras from Xenics. The Ceres V family complements the previously introduced Ceres T family expanding the possible options for thermal imaging and thermographic application.

In December 2018, Detection Technology Plc acquires the business of the French technology company MultiX S.A. The business is being bought from MultiX, which is undergoing reorganisation proceedings, based on a legal decision. The asset purchase deal includes MultiX’s licensing agreements and patents, and fixed and current assets. In addition, the company’s personnel will join Detection Technology.

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