Global Thermal Imaging Market Size was valued nearly USD 3 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7% during the forecast period, i.e. 2017-2025 due to increasing demand from end user application such as Aerospace & Defense, Industrial, Healthcare & Life Sciences sectors which will boost the demand and growth of the industry over the forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global thermal imaging market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global thermal imaging market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Segment  

Global thermal imaging market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of US$ xx.xx over the forecast period because of low price of thermal imaging products, increasing use in perimeter security, and penetration in machine vision applications are boost the demand of product over the forecast period.

Product Type: Based on the product type, the thermal imaging market has been classified into Cameras, Modules, and Scopes etc. 2017 the modules type is projected to fastest growing segment due to their compactness, low cost, and flexibility to integrate with other devices such as drones, smartphones, and wearables, enabling them to penetrate in new application areas are factors will drive the segment over the forecasted years.

Application Insights: Based on the application, the thermal imaging market has been divided into Security & Surveillance, Monitoring & Inspection, and Detection. In 2017 the security and surveillance segment is hold largest share in the market because of the most cameras used in border security which help to reduce cost of the security management.

Vertical Insights: Based on vertical analysis, the thermal imaging market has been divided into Aerospace & Defense, Industrial, and Healthcare & Life Sciences. The Aerospace & Defense segment has contributed significant role in 2017 in terms of revenue generation and it will continue show healthy growth during the forecast period.

Regional Analysis

The Global Thermal Imaging Market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe – UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2016 to 2018, North America thermal imaging market was held the major share and is projected to continue to lead the industry over the forecast years due to increasing demand from smart and intelligence devices and the increasing demand from defense industries, commercial and home automation are the major factors of growth in the region. Europe is the second largest market for thermal imaging over the forecast years. Asia Pacific is likely to continue generate highest demand due to increasing adoption of thermal imaging in emerging countries such as India, China and Australia etc.

Global Thermal Imaging Market Size, Share Analysis By Region 2017

Key Players

The major industry players in the thermal imaging market which are the continue investing dollar in R&D to new technological upgradation for thermal imaging those dominated players are FLIR Systems, Fortive, Axis Communications, Leonardo, BAE Systems, L3 Technologies, United Technologies, Sofradir, Testo, Xenics, and Seek Thermal.  

Global Thermal Imaging Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.