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Thermal Imaging Market Size, Industry Growth, Opportunities, Emerging Technologies, Competitive Landscape, Future Plans and Global Trends by Forecast 2027 | Fluke Corporation, United Technologies, FLIR Systems, etc


Thermal Imaging Mark

iCrowdNewswire   Jan 6, 2021  7:40 PM ET

The Global Thermal Imaging Market is forecast to reach USD 4.99 Billion by 2027, according to a new report by Reports and Data. The growth of thermal imaging in various end-use industries is driving market demand. An increase in terrorist activities has impacted both government and non-government revenue to a great extent. Increasing terrorism, instability, geopolitical tension, and cross border terrorism is driving market demand. The investment in the defense system for the modernization of military equipment is also encouraging the growth of the market. Thermal imaging helps armed forces to protect borders during nightfall and extreme weather.

The growth of the market also depends on the advancement of medical technologies. Several growth opportunities and adoption of the latest advanced technologies in the sector is providing ample growth opportunity for the market. Several areas, such as digital research and construction management, involve the usage of thermal imaging technologies. It is crucial for construction planners to study energy losses, moisture inspections, and building envelope inspection.

High level of investment in construction development coupled with the growing demand for professional surveillance and the rising need for security applications in public and private sectors are propelling the market demand. However, restrictions in export and additional details required for longwave infrared cameras are hampering the market demand.

The Asia Pacific’s market is growing due to the rise in the adoption of the automotive sector and the increase in population. The surge in population is creating a need for high-quality and enhanced transportation in the region. Automotive manufacturers are improving designs and integrating advanced technology such as Light Detection and Ranging (LiDAR) for better driving assistance.

 

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3404

The COVID-19 Impact:

The Coronavirus pandemic has propelled the demand for the market from the transportation and healthcare sectors. Various market players of developing nations are integrating artificial intelligence to enhance their protection level. Governments across the globe are implementing stringent regulations to locate high-risk zones, or those asked to be in-home quarantine. Smartphone apps integrated with geotagging features have been launched by several governments to ensure physical distancing. The market will witness an increased demand as there more advanced technologies are being adopted.

Key participants include

Fluke Corporation

United Technologies

FLIR Systems, Inc.

Leonardo S.p.A.

Axis Communications AB

L3HARRIS Technologies, Inc.

Axis Communications AB

Opgal

Xenics

BAE Systems

For the purpose of this report, Reports and Data have segmented the Global Thermal Imaging Market on the basis of product type, application, industry vertical, and region:

Product Type Outlook (Revenue, USD Billion; 2017-2027)

Thermal Cameras

Thermal Scopes

Thermal Modules

Application Outlook (Revenue, USD Billion; 2017-2027)

Security and Surveillance

Unmanned Aerial Vehicle (UAV)

Perimeter Security

Tracking

Monitoring and Inspection

Structural Health Monitoring

HVAC System Inspection

Machine Condition Monitoring

Quality Assessment

Detection and Measurement

Fire/Flare Detection

Level Measurement

Gas Detection

Body Temperature Measurement

Prototype Assessment

Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)

Residential

Commercial

Industrial

Automotive

Aerospace and Defense

Oil and Gas

Healthcare and Life science

Food and Beverage

Regional Outlook (Revenue, USD Billion; 2017-2027)

North America

U.S.

Canada

Europe

Germany

U.K.

France

BENELUX

Rest of Europe

Asia Pacific

China

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

U.A.E.

Rest of MEA

To identify the key trends in the industry, click on the link below: 

https://www.reportsanddata.com/report-detail/thermal-imaging-market

Thank you for reading our report. Customization is available on the report; please connect with us to know more. Our team will make sure the report is customized to meet your requirements.  



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Keywords:    Thermal Imaging Market, Thermal Imaging Industry, Thermal Imaging Market size, Thermal Imaging Market share, Thermal Imaging Market trend, Thermal Imaging Market forecast, Thermal Imaging Market growth, Thermal Imaging Market 2020, Thermal Imaging Market COVID-19 Impact Analysis Report

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