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 report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2022-2032. According to the regional analysis, the market is primarily spread over key geographical regions as follows:It puts examines drivers and restraints of the Thermal Imaging market and analyzes their impact on the industry throughout the forecast period.
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Key Players operating in the industry are:
Fluke Corporation, Raytheon Technologies, FLIR Systems, Leonardo SPA, BAE Systems, Xenics, L3Harris Technologies, Axis Communication, Lynred, Infratec
Radical Features of the Thermal Imaging Market Report:
- The report encompasses Thermal Imaging market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Thermal Imaging industry
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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
Regional Analysis Covers:
- 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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