The Global Corona Camera Market size is projected to grow at a CAGR of 6.2% during the forecast period. The research study covers different types of cameras (ultraviolet and multi-spectral), applications (power grid, industrial power supply, others), and regions (North America, Latin America, Europe, Asia Pacific).
A Corona Camera is a type of solar inverter which converts the DC power generated by photovoltaic panels into AC. It's usually made up of three main components - an array, a string, and the converter. The operating principle for this device is similar to that of a transformer: coils of wire surround laminated iron cores with air gaps between them. During operation, high voltage current from the PV panel enters each coil through one side on the core (the primary winding) and exits through another (the secondary winding). That generates magnetic fields around these two windings which are opposite in direction but equal in magnitude; since they cancel out each other, there's no electric field left at all outside or inside either circuit-coil pair.
In this way, the voltage between any two points on either of these circuits is proportional to the current in it and also equal to a constant - which means that if you connect them up into an electrical network loop where power can flow around from one node to another, each element will be supplied exactly as much energy per second (in watts) as its voltage difference. That's why we say "voltage" because volts measure how strong an electric field is: when there are no voltages between elements in a loop circuit like this, then they're all at ground potential. The higher the potential difference across nodes or branches of such networks determines their relative positions within what we call the supply chain; for instance, while coal plants produce only electric-aggregate power, the natural gas plants produce both electric and heat energy.
On the basis of Type, the global corona camera market is segmented into Ultraviolet Corona Camera, Multi-spectral Corona Camera.
Ultraviolet Corona Camera is a camera that detects ultraviolet light to create images. Ultraviolet cameras can be used in different applications like power grids, industrial power supplies, and more. It is used to detect and measure the corona discharge that occurs in high voltage equipment. It can also be used to study various phenomena like dielectric breakdown, lightning discharges, or electric arcs. It can also be used to inspect high-voltage insulators for cracks and defects. Ultraviolet cameras are equipped with a lens system that filters out visible light so only ultraviolet rays enter the camera body where they're detected by an image sensor sensitive to UV wavelengths.
Multi-spectral cameras take images of material from multiple directions at different wavelengths. This type of imaging allows one to see variations that are not visible when viewing material under white light illumination only. For example, the same metal object could appear dull if it were illuminated with normal sunlight but would show up as shiny if seen through infrared rays even though both types have similar colors under white light. In other words, these cameras are able to identify the material by its visible and infrared reflection properties which means it is a good choice for detecting materials that have similar colors or surface textures as well as identifying substances from wet or oily surfaces with great accuracy in colorless environments such as gas stations where there might be many hydrocarbon products on display.
On the basis of Application, the global corona camera market is segmented into Power Grid, Industrial Power Supply, Others.
The corona camera can be used to detect corrosion and other defects in power lines, transformers, substations, and other equipment. This information is then communicated back to the technician who needs to make a repair or replace the part accordingly.
The corona camera can be used to detect and analyze industrial power supply equipment such as high-voltage, low-voltage, medium voltage, transformers, or any other type of component that supports the distribution system. The data captured by the corona cameras are relayed back to a technician who is able to make an assessment on what needs to be repaired or replaced based on the nature of defects found. It has been observed that there has been increased usage in the Industrial Power Supply application owing primarily to its ability for detecting corrosion and other defects in power lines, transformers, and substations which helps manufacturers manage their inventory more efficiently while also monitoring safety standards across their operations.
On the basis of Region, the global corona camera market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is one of the major markets for corona cameras. The region accounted for the highest share in terms of both revenue and volume with a combined market share of 23% during 2017-2028, as it has thriving industrial facilities across various sectors that are continuously using such equipment for inspection. Growing demand from this region will be driven by power companies and electric utilities along with an increasing number of manufacturers investing in expanding their operations.
Latin America is another prominent regional segment expected to develop at a rapid pace over the forecast period owing to its stable economic conditions coupled with soaring investments in capital expenditure programs focused on boosting renewable energy generation capacities including solar and wind power sources. It's also notable that most countries here have vast reserves which provide a fertile ground for the increased adoption of renewable energy sources. In terms of individual country markets, the demand for corona cameras is expected to witness a significant expansion in Mexico. The low cost and availability of land coupled with favorable government policies have led to increased adoption of renewable energy sources here which has consequently boosted investments in capital expenditure programs as well as new projects across power generation sectors.
The growth factors for the global corona camera market can be attributed to a rise in demand from power generation and transmission, along with the increased use of security systems. The increasing energy consumption is also a significant growth factor as it needs to meet stringent emission norms set by governments globally. Another major driver behind this trend would be rapid urbanization rates that are leading to increasing pollution levels, thereby necessitating stricter measures for monitoring air quality.
Up Market Research published a new report titled “Corona Camera Market research report which is segmented by Types (Ultraviolet, Multi-spectral), By Applications (Power Grid, Industrial Power Supply, Others), By Players/Companies UViRCO Technologies, SONEL SA, Ofil's systems, Zhejiang ULIRVISION Technology Co., Ltd, OLIP SYSTEMS INC, Scope T&M Pvt, Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Attributes | Report Details |
Report Title | Corona Camera Market Research Report |
By Type | Ultraviolet, Multi-spectral |
By Application | Power Grid, Industrial Power Supply, Others |
By Companies | UViRCO Technologies, SONEL SA, Ofil's systems, Zhejiang ULIRVISION Technology Co., Ltd, OLIP SYSTEMS INC, Scope T&M Pvt, Ltd |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 245 |
Number of Tables & Figures | 172 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Ultraviolet, Multi-spectral and By Application Power Grid, Industrial Power Supply, Others.
Some of the companies that are profiled in this report are:
Corona Camera Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Corona 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 2028.
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