Global Thermal Imaging Market - Industry Trends and Forecast to 2030
The global thermal imaging market is expected to reach USD 11,771.88 million by 2030 from USD 6,234.23 million in 2022, growing with a substantial CAGR of 8.3% in the forecast period of 2023 to 2030.
Market SegmentationGlobal Thermal Imaging Market, By Offering (Hardware, Software, and Services), Product Type (Thermal Cameras, Thermal Scopes, Thermal Goggles, and Others), Resolution (320 X 240, 160 X 120, 640 X 480, and Others), Technology (Uncooled and Cooled), Color Palette (White Hot, Ironbow, Rainbow HC, Artic, and Others), Application (Security and Surveillance, Monitoring and Inspection, Detection and Measurement, Search and Rescue, and Others), Wavelength (Long-wave Infrared (LWIR), Mid-wave Infrared (MWIR), and Short-wave Infrared (SWIR)), Focusing Mechanism (Manual Focus, Fixed Focus, and Auto Focus), End-Use (Aerospace and Defense, Automotive, Residential, Energy and Utilities, Healthcare, Life Sciences, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Saudi Arabia, Kuwait, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030
Overview of the Global Thermal Imaging Market Dynamics
Driver
• Growing demand for border surveillance and defense applications
Restraint
• High cost of thermal imaging products
Opportunity
• Rising penetration of Advanced Driver-Assistance Systems (ADAS) and autonomous vehicles
Market Players
Some of the major market players operating in the global thermal imaging market are:• Teledyne FLIR LLC
• Fluke Corporation
• General Starlight Co., Inc.
• Guide Sensmart Tech Co., Ltd.
• BAE Systems
• Zhejiang Dali Technology Co.,Ltd.
• Tonbo Imaging
• Xenics nv
• Testo SE & Co. KGaA
• L3Harris Technologies, Inc.
• Seek Thermal Inc.
• UNI-TREND TECHNOLOGY (CHINA) CO., LTD.
• COX CO., LTD
• Drägerwerk AG & Co. KGaA
• 3M
• ATN
• Avon Protection
• Allied Vision Technologies GmbH
• Axis Communications AB
• Leonardo DRS
• Shanghai Magnity Technologies Co., Ltd.
• Opgal
• Palmer Wahl Instruments, Inc.
• Thermoteknix Systems Ltd.