Global Thermal Imaging Market Size study & Forecast, by Product (Thermal Camera, Thermal Scopes, Thermal Module), by Application (Border Surveillance, Vehicle Targeting, C-UAS, Maritime & Coastal Surveillance, Critical Infrastructure, Others (Thermal Imag

Global Thermal Imaging Market Size study & Forecast, by Product (Thermal Camera, Thermal Scopes, Thermal Module), by Application (Border Surveillance, Vehicle Targeting, C-UAS, Maritime & Coastal Surveillance, Critical Infrastructure, Others (Thermal Imaging in Machineries, Medical, and Firefighting, etc.)), by Type (Handheld, Fixed/Mounted), by Technology (Cooled, Uncooled), by Wavelength (Shortwave Infrared (SWIR), Mid-wave Infrared (MWIR), Longwave Infrared (LWIR)), by Vertical (Aerospace and Defense, Law Enforcement, Healthcare, Automotive, Oil and Gas, Residential, Manufacturing, Others (Utility, Chemical, etc.)) and Regional Analysis, 2023-2030

Global Thermal Imaging Market is valued approximately USD 2.84 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2023-2030. The thermal imaging market refers to the market for thermal imaging technology, which is used to capture and display images of heat radiation emitted by objects and surfaces. Thermal imaging cameras and sensors capture the infrared radiation emitted by objects and convert it into an image that can be analyzed and interpreted for a wide range of applications, including surveillance and security, industrial inspection, healthcare, and firefighting. The major driving factor for the Global Thermal Imaging Market are increasing demand of thermal imaging in various industries and growing awareness of safety and security. Moreover, the government initiatives and regulations and increasing demand for non-invasive screening and diagnostics is creating lucrative growth opportunity for the market over the forecast period 2023-2030.

Government initiatives and regulations aimed at improving industrial safety and security, as well as healthcare screening and diagnostics, are driving the adoption of thermal imaging technology in various applications. The Occupational Safety and Health Administration (OSHA) in the United States has implemented regulations aimed at improving industrial safety and preventing accidents in hazardous environments. Thermal imaging technology is being used in various industries to detect potential issues before they become critical problems and to improve safety and productivity. Along with this, in 2020, the European Union (EU) has implemented regulations for medical devices, including thermal imaging cameras used for non-invasive screening and diagnostics. In addition, many countries, such as India, are investing in healthcare screening and diagnostics programs to improve public health using thermal imaging technology. However, the high cost of Thermal Imaging stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Thermal Imaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North American thermal imaging market is expected to dominate the market due to the increasing demand for thermal imaging solutions in various applications, such as surveillance and security, industrial inspection, and healthcare. The presence of key players, such as FLIR Systems and Raytheon Technologies, is also expected to contribute to the growth of the market in this region. The Asia Pacific thermal imaging market is expected to grow rapidly due to the increasing demand for thermal imaging solutions in applications such as surveillance, firefighting, and industrial inspection. The increasing investment in infrastructure development in countries like China and India is also expected to drive the growth of the market in this region.

Major market player included in this report are:
BAE System Plc (Farnborough, United Kingdom)
Leonardo S.p.A. (Rome, Italy)
Thales Group (La Défense, France)
FLIR Systems, Inc. (Oregon, United States)
American Technologies Network Corporation (California, United States)
Fluke Corporation (Washington, United States)
Thermoteknix Systems Ltd. (Cambridge, United Kingdom)
Seek Thermal, Inc. (California, United States)
Cantronic Systems, Inc. (British Columbia, Canada)
Excelitas Technologies Corp. (Waltham, Massachusetts, United States)

Recent Developments in the Market:
 In February 2020, FLIR Systems, Inc. introduced the FLIR A8580 series of thermal cameras that are specifically designed for military, scientific, industrial, and product research and development (R&D) applications. This new solution offers high-speed recording capabilities to capture blur-free images of fast-moving objects.

Global Thermal Imaging Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product, Application, Type, Technology, Wavelength, Vertical, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Product:
Thermal Camera
Thermal Scopes
Thermal Module
By Application:
Border Surveillance
Vehicle Targeting
C-UAS
Maritime & Coastal Surveillance
Critical Infrastructure
Others (Thermal Imaging in Machineries, Medical, and Firefighting, etc.)
By Type:
Handheld
Fixed/Mounted
By Technology:
Cooled
Uncooled
By Wavelength:
Shortwave Infrared (SWIR)
Mid-wave Infrared (MWIR)
Longwave Infrared (LWIR)
By Vertical:
Aerospace and Defense
Law Enforcement
Healthcare
Automotive
Oil and Gas
Residential
Manufacturing
Others (Utility, Chemical, etc.)

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned

BAE System Plc (Farnborough, United Kingdom)
Leonardo S.p.A. (Rome, Italy)
Thales Group (La Défense, France)
FLIR Systems, Inc. (Oregon, United States)
American Technologies Network Corporation (California, United States)
Fluke Corporation (Washington, United States)
Thermoteknix Systems Ltd. (Cambridge, United Kingdom)
Seek Thermal, Inc. (California, United States)
Cantronic Systems, Inc. (British Columbia, Canada)
Excelitas Technologies Corp. (Waltham, Massachusetts, United States)

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