The Global Thermal Imaging Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Thermal Imaging market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects.
The global thermal imaging market size was USD 3.85 Billion in 2022 and is expected to register a steady revenue CAGR of 7.3% during the forecast period, according to the latest analysis by Emergen Research. Rising usage of thermal cameras for border surveillance is a key factor driving market revenue growth. Thermal Imaging technology is a method of enhancing object’s visibility in a totally dark environment by detection of infrared radiation emitted by an object and interpreting these radiations to create a visible pattern. In addition, increasing use of advanced thermal imaging cameras in military and defense sectors to meet demand for combat operations and night patrolling is also expected to drive revenue growth of the market. These cameras are capable of recognizing things at a very long distance, even in bad weather. Equipment including binoculars, monoculars, military vehicles utilized for perimeter surveillance, and remotely operated turrets are all employed in border surveillance. Businesses are fever screening tools to protect employees and consumers from infections. For instance, in April 2020, Amazon deployed thermal cameras with this technology in six of its U.S. facilities in Seattle and Los Angeles to monitor health of its employees.
The study on the Global Thermal Imaging Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The report offers an accurate forecast estimation of the Thermal Imaging industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Thermal Imaging market.
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It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as
Fluke Corporation, Raytheon Technologies, FLIR Systems, Leonardo SPA, BAE Systems, Xenics, L3Harris Technologies, Axis Communication, Lynred, Infratec
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global Thermal Imaging market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Thermal Imaging market with regards to market share, market size, production and consumption ratio, product launches and RD activities, investment opportunities, and presence of key players in the region.
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Thermal Imaging Market Segmentation:
Type Outlook (Revenue, USD Billion; 2019–2032)
- Handheld Cameras
- Fixed Cameras
Product Outlook (Revenue, USD Billion; 2019–2032)
- Thermal Cameras
- Thermal Modules
- Thermal Scopes
Application Outlook (Revenue, USD Billion; 2019–2032)
- Monitoring Inspection
- Security Surveillance
- Detection Measurement
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional Analysis of the Thermal Imaging Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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