Product Launch (Blog)

Mar, 17 2021

Global Thermal Imaging Market is Rising Exponentially at Rate of 3.20% During the Anticipated Period

The Thermal Imaging Market is expected to rise at annual rate 3.20% in the forecast period of 2020 to 2027 due to the increase in demand of thermal imaging devices and gadgets in the end user sector.

  • On the other hand, expensive quotients of the devices, export prohibition by the government authorities’ act as the factors expected to obstruct the thermal imaging market growth in the above mentioned forecast period. Inefficacy of thermal imaging devices to respond inside water or through glass is projected to challenge the thermal imaging market.

Thermal Imaging Market Scenario

According to Data Bridge Market Research, the market for the thermal imaging is escalating due to the application penetration in multiple sectors and demand from the United States military services for security and surveillance, monitoring and inspection, detection and measurement, personal vision system, search and rescue. Additionally, high demand from the construction industry and high requirement in oil and gas sector positively affect the thermal imaging market. Furthermore, technological advancements extend profitable opportunities to the thermal imaging market players.

Now the question is which are the other regions that thermal imaging market is targeting? Data Bridge Market Research has estimated North America is expected to dominate because of the boosting military and defense industry that demand the competent thermal imaging tools and gears. Asia-Pacific is expected to witness significant growth during the forecast period of 2020-2027 because of the focus upon defense sector and funding provided for that in the region.

For more analysis on the thermal imaging market, request for a briefing with our analysts

Thermal Imaging Market Scope

The thermal imaging market is segmented on the basis of countries into the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country-based analysis thermal imaging market is further analyzed based on maximum granularity into further segmentation. The thermal imaging market on the basis of type has been segmented into handheld or portable camera, fixed and mounted core, scopes and vision goggles and others. Based on application, the thermal imaging market is bifurcated into security and surveillance, monitoring and inspection, detection and measurement, personal vision system, search and rescue and others. On the basis of product, the thermal imaging market is fragmented into thermal cameras, thermal scopes and thermal modules. On the basis of technology, the thermal imaging market is segmented into cooled and uncooled. On the basis of wavelength, the thermal imaging market is segregated into long-wave infrared (LWIR), mid-wave infrared (MWIR) and short-wave infrared (SWIR). On the basis of end use, the thermal imaging market is bifurcated into industrial, commercial, residential, aerospace & defense, automotive, healthcare & life sciences, oil & gas and food & beverages.

To know more about the study, please check the below mentioned link

Key Pointers Covered in the Thermal Imaging Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market by Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • 3M
  • ATN Company
  • Allied Vision Technologies GmbH
  • Avon Protection Systems, Inc.
  • Axis Communications Ab
  • BAE Systems
  • Cox
  • Dragerwerk AG & Co. KGaA
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Starlight Company, Inc.
  • L3 Technologies
  • Leonardo DRS
  • Magnity Electronics Co. Ltd.
  • Opgal Optronic Industries Ltd.
  • Palmer Wahl Instrumentation Group
  • Raytheon Company
  • Seek Thermal, Inc.
  • Testo SE & Co. KGaA
  • Thermoteknix Systems
  • Tonbo Imaging
  • ULIS
  • Wuhan Guide Infrared Co. Ltd.
  • Xenics NV
  • Zhejiang Dali Technology Co. Ltd.

Above are the key players covered in the report, to know about more and exhaustive list of thermal imaging companies’, contact us

Research Methodology of Thermal Imaging Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Related Reports

Browse in Automotive Category Related Reports@

Client Testimonials