The infrared imaging device market can be divided into military and civil sub-markets, which are all in their infant stage in China. In developed countries, infrared imaging device has already been part of the equipment of land force, air force and navy. For example, each US soldier was equipped with 1.7 units of infrared imagers on an average base during the Gulf War. In Contrast, the similar figure is very small with China's army, which spent less than RMB1bn on infrared imaging equipment in 2008. But the potential military demand is huge in China. The current number of China's troops is 2.3 million. If 10% of them are equipped with infrared imagers, the military demand would be 230,000 units in the country, and the total value of them would be RMB23bn if the average price is RMB100,000/unit.

Figure 1: Effective Demand for Infrared Imaging Device in China's Civil Market, 2006-2011

The effective demand for Infrared Imaging Device in China's civil market was RMB572m in 2008, up by 19.2% year-on-year, and the similar demand would increase at an average rate of about 20% annually in the next 3 years. By 2011, the effective civil demand would go beyond RMB1bn. In general, there is still limited use of Infrared Imaging Device in China. Power industry is, only compared with other industries in China, the veteran in using infrared imaging for its prevention test, while the application of technology in other fields including fire-fighting, construction, and safeguards and security has not yet been promoted. However, the potential of civil demand for infrared imaging is huge too. The total demand of above-mentioned 4 application markets-power supply, fire-fighting, construction, and safeguards and security-is estimated to be RMB20bn.

Table: Potential Size of China's Infrared Imaging Device Market

China's infrared imaging system market is highly concentrated now, with 50% of the market held by 3 local companies: Dali Technology, Guangzhou SAT Infrared Technology Co., Ltd. and Wuhan Guide, which all import focal plane detectors, the key parts for Infrared Imaging Device, from France, while they design the circuits and image processing software by themselves. On the other hand, almost all the homegrown producers other than the above-mentioned three are agents or assemblers of Infrared Imaging Device, while almost all the research institutes stay only in the military field.

Figure 2: Market Share of Infrared Imaging Device for Civil Use in China, 2008

Executive Summary
Chapter One: Overview of Infrared Imaging System
1.1 Definitions and Categories
1.2 Features of the Industry
1.3 Industrial Chain

Chapter Two: Overview of Global Infrared Imaging System Industry
2.1 Status Quo
2.1.1 Supply
2.1.2 Demand
2.1.3 Features
2.2 Infrared Imaging System Industry in Major Countries of the World
2.2.1 The U.S.A
2.2.2 Japan
2.2.3 Europe
2.3 Developing Trend of Global Infrared Imaging System Industry

Chapter There: Overview of China's Infrared Imaging System Industry
3.1 Development Environment
3.1.1 Governmental Policies
3.1.2 Technological Factors
3.2 Cycle of Development
3.2.1 Development Cycle of the Industry
3.2.2 Growth and Volatility
3.2.3 Maturity
3.3 Competitive Landscape
3.3.1 Industrial Concentration
3.3.2 Degree of Competition

Chapter Four: Operation of China's Infrared Imaging Device Industry
4.1 Status Quo
4.2 Mix of Products and Market Structure
4.3 Economic Effectiveness of the Industry
4.3.1 Industrial Climate and Profit
4.3.2 Gross Sales Profit
4.3.3 Costs and Expenses
4.4 Supply and Demand of Infrared Imaging Device in China
4.4.1 General
4.4.2 Total Import and Export Volume
4.4.3 Factors Influencing Import and Export

Chapter Five: Application Markets of Infrared Imaging Device in China
5.1 Healthcare Sector
5.1.1 China's Healthcare Sector in General
5.1.2 Application of Infrared Imaging Device in China's Healthcare Sector
5.2 Fire-fighting
5.2.1 China's Fire-fighting Sector in General
5.2.2 Application of Infrared Imaging Device in China's Fire-fighting Sector
5.3 Petrochemical Industry
5.3.1 China's Petrochemical Industry in General
5.3.2 Application of Infrared Imaging Device in China's Petrochemical Industry
5.4 Power Industry
5.4.1 China's Power Industry in General
5.4.2 Application of Infrared Imaging Device in China's Power Industry

Chapter Six: Major Producers of Infrared Imaging Device in China
6.1 Foreign Producers
6.1.1 Foreign Producers Entering China
6.1.2 Operation of Major Foreign Producers in China
6.1.2.1 InfraTec
6.1.2.1.1 Business Operation
6.1.2.1.2 Sales in China
6.1.2.1.3 Advantages and Disadvantages
6.1.2.2 FLUKE
6.1.2.2.1 Business Operation
6.1.2.2.2 Sales in China
6.1.2.2.3 Advantages and Disadvantages
6.1.2.3 IRISYS
6.1.2.3.1 Business Operation
6.1.2.3.2 Sales in China
6.1.2.3.3 Advantages and Disadvantages
6.2 China's Homegrown Producers
6.2.1 Wuhan Zirui Technology Co., Ltd.
6.2.1.1 Profile
6.2.1.2 Competitive Advantage
6.2.1.3 Corporate Strategy and Plans
6.2.2 Shanghai Deyun Optical & Electricity Technical Co. Ltd.
6.2.2.1 Profile
6.2.2.2 Competitive Advantage
6.2.2.3 Corporate Strategy and Plans
6.2.3 Guangzhou SAT Infrared Technology Co., Ltd.
6.2.3.1 Profile
6.2.3.2 Competitive Advantage
6.2.3.3 Corporate Strategy and Plans
6.2.4 Zhejiang Zybron Photoelectric Technology Co., Ltd.
6.2.4.1 Profile
6.2.4.2 Competitive Advantage
6.2.4.3 Corporate Strategy and Plans
6.2.5 Zhejiang Hongxiang Technology Co., Ltd.
6.2.5.1 Profile
6.2.5.2 Competitive Advantage
6.2.5.3 Corporate Strategy and Plans
6.2.6 Dali Technology
6.2.6.1 Profile
6.2.6.2 Competitive Advantage
6.2.6.3 Corporate Strategy and Plans
6.2.7 Beijing Xinyu Victory Equipment
6.2.7.1 Profile
6.2.7.2 Competitive Advantage
6.2.7.3 Corporate Strategy and Plans
6.2.8 Nanjing Kuyee Technology Company, Ltd.
6.2.8.1 Profile
6.2.8.2 Competitive Advantage
6.2.8.3 Corporate Strategy and Plans
6.2.9 Wuhan Huazhong Numerical Control Co., Ltd.
6.2.9.1 Profile
6.2.9.2 Competitive Advantage
6.2.9.3 Corporate Strategy and Plans
6.2.10 Wuhan Guide
6.2.10.1 Profile
6.2.10.2 Competitive Advantage
6.2.10.3 Corporate Strategy and Plans

Chapter Seven: Outlook for China's Infrared Imaging System Industry
7.1 Outlook
7.1.1 Industrial Environment
7.1.2 Developing Trend
7.2 Forecast for Development
7.2.1 Supply
7.2.2 Demand
7.2.3 Production Capacity
7.2.4 Import and Export

Chapter Eight: Investing in China's Infrared Imaging System Industry
8.1 Investment Opportunities
8.2 Investment Risks
8.2.1 Macro Control of Risks
8.2.2 Competition Risks
8.2.3 Risks of Unsteady Balance between Supply and Demand
8.2.4 Risks in Technological Innovation
8.2.5 Risks in Management
8.2.6 Other Risks