Thermal Imaging Market Size, Share & Trends Analysis, By type (Handheld, Fixed or Mounted), By Technology (Uncooled, Cooled), By Product (Thermal Module, Thermal Scopes), By Wavelength (Midwave Infrared, Shortwave Infrared), Region and Forecast Period 2022 – 2030

Report ID - MRC_2115 | Pages - 220 | Category - Electronic Devices

Market Insights:

Thermal Imaging Market size was valued at USD 3.2 Billion in 2021, registering a CAGR of 9.8% during the forecast period (2022-2030), and the market is projected to be worth USD 7.5 Billion by 2030.

Thermal imaging is a technique that uses infrared light and thermal energy to collect information about objects and create photographs of them in a dark environment. This is achieved by distinguishing an item based on its infrared radiation and thereby providing an image based on the object’s radiation. Thermal imaging is based on the study of infrared radiation, which is emitted by all objects. This energy is also known as an object’s heat signature, and the amount of radiation released is proportional to the object’s overall heat.

How much is the Thermal Imaging Market worth ?

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Thermal Imaging Market Research Report” was just released by Market Research Community. It is divided into several categories, including By type (Handheld, Fixed or Mounted), By Technology (Uncooled, Cooled), By Product (Thermal Module, Thermal Scopes, Thermal Camera), By Wavelength (Midwave Infrared, Shortwave Infrared, Long wave Infrared), By Application (Security & Surveillance, Monitoring & Inspection, Detection & Measurement), and companies (Thermoteknix Systems Ltd., Seek Thermal, Inc., Cantronic Systems, Inc., Excelitas Technologies Corp., Opgal Optronic Industries Ltd., Dali Technology Co. Ltd., BAE System Plc, Leonardo S.p.A., Thales Group, FLIR Systems, Inc., American Technologies Network, orporation, Fluke Corporation), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 9.8%, over the forecast period of 2022–2030.

Driver:

The increased adoption of Thermal Imaging in the Electronic Security industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Thermal Imaging also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Thermal Imaging in many sectors also boosts the market growth during the forecast period.

Report Coverage:

Report AttributesReport Details
Study Timeline2018-2030
Market Size in 2030 (USD Billion)7.5 Billion
CAGR (2022-2030)9.8%
By TypeHandheld, Fixed or Mounted
By TechnologyUncooled, Cooled
By ProductThermal Module, Thermal Scopes, Thermal Camera
By WavelengthMidwave Infrared, Shortwave Infrared, Long wave Infrared
By ApplicationSecurity & Surveillance, Monitoring & Inspection, Detection & Measurement
By GeographyNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
Key PlayersThermoteknix Systems Ltd., Seek Thermal, Inc., Cantronic Systems, Inc., Excelitas Technologies Corp., Opgal Optronic Industries Ltd., Dali Technology Co. Ltd., BAE System Plc, Leonardo S.p.A., Thales Group, FLIR Systems, Inc., American Technologies Network, orporation, Fluke Corporation

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Covid-19 Impact:

The COVID-19 pandemic has had a substantial negative influence on the Thermal Imaging market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.

Industry Competitive Landscape:

The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-

Thermoteknix Systems Ltd., Seek Thermal, Inc., Cantronic Systems, Inc., Excelitas Technologies Corp., Opgal Optronic Industries Ltd., Dali Technology Co. Ltd., BAE System Plc, Leonardo S.p.A., Thales Group, FLIR Systems, Inc., American Technologies Network, orporation, Fluke Corporation

Market Segment Analysis:

By Type

  • Handheld
  • Fixed or Mounted

By Technology

  • Uncooled
  • Cooled

By Product

  • Thermal Module
  • Thermal Scopes
  • Thermal Camera

By Wavelength

  • Midwave Infrared
  • Shortwave Infrared
  • Long wave Infrared

By Application

  • Security & Surveillance
  • Monitoring & Inspection
  • Detection & Measurement

Region

The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.

The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Thermal Imaging industries in the region.

Key Thermal Imaging Market Trends

– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Thermal Imaging Market segments.

– Largest Market Share Held by Industry to Industry for Thermal Imaging

– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.

– Demand from the geographical area is estimated to boost growth.

– Growing Market Segment Adoption in the Thermal Imaging Industry

– Over the forecast period, higher growth rates are anticipated in in some regions

Why Purchase the Industry Report by MRC

There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.

Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.

Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.

The competitive landscape includes the proportions of important players, recent innovations, and strategy.

Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.

Table of Content

Table of Content

1. Thermal Imaging Market Introduction

1.1.Market Introduction
1.2.Market Research Methodology
1.2.1.Research Process
1.2.2.Primary Research
1.2.3.Secondary Research
1.2.4.Data Collection Technique
1.2.5.Data Sources
1.3.Market Estimation Methodology
1.3.1.Limitations of the Study
1.4.Product Picture of Thermal Imaging
1.5.Years Considered for the Study
1.6.Research Methodology in brief
1.7.Parent Market Overview
1.8.Overall Global Thermal Imaging Market Regional Demand
1.9.Data Source
1.9.1. Secondary Sources
1.9.2. Primary Sources

2. Thermal Imaging Executive Summary

2.1.Business Trends
2.2.Regional Trends

3.Thermal Imaging Market Dynamics

3.1.Drivers
3.1.1.Drivers
3.2.Restraints
3.2.1.Restraints
3.3.Opportunity
3.4.Impact forces during the forecast years
3.5.Industry Value Chain
3.5.1.Upstream analysis
3.5.2.Downstream analysis
3.5.3.Marketing and Distribution Channel
3.5.3.1.Direct Channel
3.5.3.2.Indirect Channel
3.6.Potential Customers
3.7.Manufacturing Cost Analysis
3.8.Pricing Analysis by Region
3.9.Key Technology Landscape
3.10.Regulatory Analysis
3.11. Porter’s Analysis
3.11.1.Supplier Power
3.11.2.Buyer Power
3.11.3.Substitution Threat
3.11.4.Threat from New Entry
3.11.5.Competitive Rivalry
3.12. PESTEL Analysis
3.12.1.Political Factors
3.12.2.Economic Factor
3.12.3.Social Factors
3.12.4.Technological Factor
3.12.5.Environmental Factors
3.12.6.Legal Factor

4. Global Thermal Imaging Market Segmentation, by Revenue (USD Mn), (2022-2030)

4.1.By Type
4.2.By Application

5.Global Thermal Imaging Market Overview, By Region
5.1. North America Global Thermal Imaging Market Revenue (USD Mn), by Countries, (2022-2030)
5.1.1.US
5.1.2.Canada
5.1.3.Mexico
5.2.Europe Global Thermal Imaging Market Revenue (USD Mn), by Countries, (2022-2030)
5.2.1.Germany
5.2.2.France
5.2.3.UK
5.2.4.Spain
5.2.5.Russia
5.2.6.Italy
5.2.7.BENELUX
5.3.Asia Pacific Global Thermal Imaging Market Revenue (USD Mn), by Countries, (2022-2030)
5.3.1.China
5.3.2. Japan
5.3.3. Australia
5.3.4. South Korea
5.3.5. India
5.3.6. ASEAN
5.4.Latin America Global Thermal Imaging Market Revenue (USD Mn), by Countries, (2022-2030)
5.4.1.Brazil
5.4.2. Argentina
5.4.3. Chile
5.5.Middle East and Africa Global Thermal Imaging Market Revenue (USD Mn), by Countries, (2022-2030)
5.5.1.GCC
5.5.2.Turkey
5.5.3.South Africa

6.Competitive Analysis
6.1.Business Overview
6.2.Business Financials (USD Mn)
6.3.Product Category, Type, and Specification
6.4.Main Business/Business Overview
6.5.Geographical Analysis
6.6.Recent Development
6.7.Swot Analysis

7.Conclusion

8.Disclaimer

To check our Detail TOC, please mail us at: [email protected]

Research Methodology

The Market Research Community offers numerous solutions and its full addition in the research methods to be skilled at each step. We use wide-ranging resources to produce the best outcome for our customers. The achievement of a research development is completely reliant on the research methods implemented by the company. We always faithful to our clients to find opportunities by examining the global market and offering economic insights.

Market Research Community are proud of our widespread coverage that encompasses the understanding of numerous major industry domains. Company offers consistency in our research report, we also offers on the part of the analysis of forecast across a range of coverage geographies and coverage. The research teams carry out primary and secondary research to carry out and design the data collection methods.

Thermal Imaging Market Size, Share & Trends Analysis, By type (Handheld, Fixed or Mounted), By Technology (Uncooled, Cooled), By Product (Thermal Module, Thermal Scopes), By Wavelength (Midwave Infrared, Shortwave Infrared), Region and Forecast Period 2022 – 2030
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