- Global Thermal Imaging Market Size and Revenue Forecasts
- The report on the Global Thermal Imaging Market initially offers an in-depth overview of the Thermal Imaging Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
- 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.
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- The report highlights the current impact of COVID-19 on the Thermal Imaging market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Thermal Imaging according to the impact of COVID-19.
- Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Thermal Imaging market expected to boost the growth of the industry in the coming years.
- 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
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- The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Thermal Imaging market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
- Key Companies Profiled in the Report are:
- Fluke Corporation, Raytheon Technologies, FLIR Systems, Leonardo SPA, BAE Systems, Xenics, L3Harris Technologies, Axis Communication, Lynred, Infratec
- Regional Landscape section of the Thermal Imaging report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
- The various regions analyzed in the report include:
- 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)
- Key Questions Answered in the Report:
- Who are the prominent distributors, vendors, and manufacturers of the market?
- What are the driving and restraining factors of the growth of the Thermal Imaging market throughout the forecast period?
- What are the current and future market trends of the Thermal Imaging market?
- What are the sales and price analysis of the product by types, applications, and regions?
- What are the expected opportunities for the companies and new entrants in the coming years?
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- Highlights of Table of Contents (TOC):
- Overview of Global Thermal Imaging Market
- Competitive analysis of the Thermal Imaging market
- Regional analysis of Global Thermal Imaging market production and revenue
- Regional analysis of Global Thermal Imaging market supply, consumption, and export & import
- Type-based market analysis of global Thermal Imaging production, revenue, and price trends
- Application-based analysis of the global Thermal Imaging market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Thermal Imaging market
- Conclusion of the research report
- Appendix
- Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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