Infrared Thermography Market - By Thermal Component (Cameras, Scopes, Modules), By Mode (Fixed, Handheld, Unmanned), By Application (Energy Auditing, HVAC System Inspection, Electrical System Inspection, Insulation Inspection), By End-use Industry, Foreca

Infrared Thermography Market - By Thermal Component (Cameras, Scopes, Modules), By Mode (Fixed, Handheld, Unmanned), By Application (Energy Auditing, HVAC System Inspection, Electrical System Inspection, Insulation Inspection), By End-use Industry, Forecast, 2023 - 2032

Infrared thermography market size is projected to expand at over 5.5% CAGR from 2023 to 2032, due to increasing advancements in technology, widespread adoption across industries, and rising applications in preventive maintenance and building diagnostics.

The high demand for non-contact temperature measurement solutions for fever screening can be ascribed to the onset of the COVID-19 pandemic. The efficiency of infrared thermography in identifying electrical and mechanical issues coupled with its role in energy efficiency assessments is further fueling its adoption in manufacturing and building sectors. The push for predictive maintenance strategies, the influx of stringent quality control regulations, and the continuous innovations in thermal imaging devices will also aid in the market development. For instance, in September 2023, Guide sensmart, a manufacturer of thermal imaging products, introduced the TD631 LRF handheld thermal imaging monocular, featuring enhanced image algorithms for clearer and more detailed imaging.

The infrared thermography market is categorized into thermal component, mode, application, end-use industry, and region.

Based on application, the industry share from the insulation inspection application segment is projected to rise at substantial CAGR through 2032, driven by the rising demand for non-destructive testing in buildings. Infrared thermography is also increasingly utilized for efficient detection of insulation defects as well as energy efficiency assessments.

In terms of thermal component, the infrared thermography market from the modules segment is projected to exhibit commendable CAGR through 2032, fueled by the increasing advancements in thermal imaging modules. The growing demand for compact and high-performance thermal components, driven by applications in various industries will boost the segment growth.

The industry size from the unmanned mode segment will witness appreciable CAGR through 2032. The growth can be attributed to the rising adoption of unmanned systems for inspections and surveillance. The growing utilization of infrared thermography in unmanned modes also enhances safety, efficiency, and accessibility in various applications.

Regionally, the North America infrared thermography industry is slated to expand at rapid pace during 2023-2032, owing to the high demand for non-contact temperature measurement solutions in the region. The increasing advancements in technology along with the growing focus on preventive maintenance and energy efficiency will also elevate the market growth in North America.