The Global Thermal Imaging market was valued at USD 3.09 billion in 2021 and is expected to reach USD 4.80 billion by the year 2028, at a CAGR of 6.48%.
The Thermal Imaging Market is a method of using infrared radiation and thermal energy to collect information regarding objects, aiming to develop images of them, even in low visibility environments. It's a type of technology that has conglomerated a broad range of uses across the years. In particular, it's an effective form of night-vision technology, with the capacity to work in the total absence of any light (since it doesn't rely on visible light), and can even work in fog, smog, smoke, and haze. Moreover, thermal imaging is based upon the science of infrared energy (otherwise known as "heat"), which is discharged from all objects.
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Top Market Players Covered in the Thermal Imaging market are :
Lockheed Martin Corporation (US), FLIR Systems (US), Elbit Systems Ltd. (Israel), Testo (Germany), Fluke Corporation (US), Opgal (Israel), Leonardo (Italy), L3HARRIS TECHNOLOGIES (US), United Technologies (US), Axis Communications (Sweden), Raytheon Company (US), Sofradir Group (US), BAE Systems PLC (UK), Xenics (Belgium), Thermoteknix Systems (UK), L-3 Communications Holdings, Inc. (the US), Leonardo DRS (US), and others Major Players.
The report provides an in-depth analysis of the Thermal Imaging Market including a detailed description of market growth and size, value, and the key opportunities in the market, as well as an outline of the factors that are and will be driving the industry's growth, taking previous growth patterns into account. The global Thermal Imaging Market provides an in-depth analysis of the market state of Thermal Imaging Market manufacturers, including the latest facts and data, SWOT analysis, and expert views from around the world. The cost structure, market size, Thermal Imaging Market Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report. The income earned from the sale of This Study and technologies by various application industries is considered in the report.
Segmentation Analysis Thermal Imaging Market of:
The thermal imaging market can be segmented based on several factors to better understand its various components, applications, and target audiences. Common segmentation criteria for the thermal imaging market include:
By Product Type
· Thermal Cameras
· Thermal Modules
· Thermal Scopes
By Technology
· Cooled
· Uncooled
By Application
· Security & Surveillance
· Monitoring & Inspection
· Detection & Measurement
· Others
By End Users
· Automotive
· Commercial
· Government & defense
· Healthcare & life sciences
· Oil & Gas
· Others
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
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Key Industry Developments In The Thermal Imaging Market:
· In 2020, FLIR Systems, Inc. introduced the FLIR Ranger HDC MR, a high-performance HD thermal imaging midrange surveillance system. The Ranger HDC MR can identify illicit activities in reduced weather conditions by using immersed analytics and image processing. This is anticipated to improve the product portfolio of the company in the thermal imaging system segment.
· In April 2021 - Seek Thermal introduced Reveal FirePro X, the latest personal thermal imaging camera (TIC) for firefighters. The developed, handheld thermal imaging camera offers a new charging port, making it even more durable and easier to access when required.
· In May 2021, the company declared a strategic collaboration with Maire Tecnimont (Italy) to support industrial evolution by developing next-generation greenfield and brownfield plants in the transformation of natural resources and green chemistry sectors.
· In May 2021, FLIR Systems won a contract to deliver its FLIR Black Hornet ®3 Personal Reconnaissance Systems (PRS). It is a developed nano-unmanned aerial vehicle utilized for monitoring.
Reasons to Purchase this Market Report:
· Market forecast analysis through recent trends and SWOT analysis
· Keyword Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
· Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
· Keyword Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
· Competitive environment related to the Keyword market share for key players, along with new projects and strategies that players have adopted over the past five years
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