Press Release

COVID-19 Impact on Thermal Imaging Market Size, Share, Growth Opportunity & Global Forecast to 2027

Top Players in Thermal Imaging Market include BAE Systems (UK), Workswell (Czech Republic), Leonardo S.p.A. (Italy), Thermoteknix Systems Ltd (UK), Fluke Corporation (US), Lynred (France), FLIR Systems, Inc. (US), Testo SE & Co. KGaA (Germany), DALI Technology (China), L3Harris Technologies, Inc. (US), Seek Thermal (US), Opgal (Israel), Axis Communications AB (Sweden), Other key market players

The global thermal imaging market size is projected to reach USD 4.10 billion by the end of 2027. Increasing product applications in military and defense sector will emerge in favor of market growth. According to a report published by Fortune Business Insights, titled “Thermal Imaging Market Size, Share & COVID-19 Impact Analysis, By Type (Handheld and Fixed/Mounted), By Technology (Cooled, Uncooled), By Product (Thermal Camera, Thermal Scopes, Thermal Module), By Wavelength (Shortwave Infrared (SWIR), Mid-wave Infrared (MWIR) and Longwave Infrared (LWIR)), By Application (Border Surveillance, Vehicle Targeting, C-UAS, Maritime & Coastal Surveillance, Critical Infrastructure, and Others), By Vertical (Aerospace and Defense, Law Enforcement, Healthcare, Automotive, Oil and Gas, Residential, Manufacturing, and Others), and Regional Forecast, 2020-2027,” the market was worth USD 2.27 billion in 2019 and will exhibit a CAGR of 7.7% during the forecast period, 2020-2027.

To Gain More Insights into the Thermal Imaging Market, Browse Summary of the Research Report – https://www.fortunebusinessinsights.com/thermal-imaging-market-102588

Thermal imaging is the process of converting infrared (IR) heat into visual images. This is mainly done to study the patterns of heat with respect to amount as well as measure of heat. The applications of thermal imaging across diverse industry verticals, including military and defense, medical, and life science will bode well for the growth of the overall market in the coming years. The presence of several large scale companies involved with the development of advanced tools associated with this will have a huge impact on market growth. The increasing investments in the research and development of thermal imaging are consequential to the rising product applications across the world. The rising demand for wireless temperature sensors will create a subsequent demand for these imaging tools in the coming years.

Top Players Overview:

Fortune Business Insights™ presents a list of all the companies operating in the thermal imaging market. They are as follows:

  • BAE Systems (UK)
  • Workswell (Czech Republic)
  • Leonardo S.p.A. (Italy)
  • Thermoteknix Systems Ltd (UK)
  • Fluke Corporation (US)
  • Lynred (France)
  • FLIR Systems, Inc. (US)
  • Testo SE & Co. KGaA (Germany)
  • DALI Technology (China)
  • L3Harris Technologies, Inc. (US)
  • Seek Thermal (US)
  • Opgal (Israel)
  • Axis Communications AB (Sweden)
  • Other key market players

Request a Sample Copy for more detailed Thermal Imaging Market Overview – https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/thermal-imaging-market-102588

North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth

The report analyses the ongoing market trends across five major regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among all regions, the market in North America is projected to emerge dominant in the coming years.  The presence of several manufacturers in this region will have a huge impact on the growth of the regional market. The rising investment by government organizations in the integration of thermal sensors in military and defense purposes will bode well for the companies operating in this region. As of 2019, the market in North America was worth USD 721.9 million and this value is projected to increase further in the coming years. Besides North America, the market in Asia Pacific is projected to rise at a considerable pace increasing military expenditures by countries such as Japan, China, and India.

Purchase Full Report for Exclusive Thermal Imaging Market Growth Forecast – https://www.fortunebusinessinsights.com/checkout-page/102588

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

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Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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