The global thermal imaging market is likely to gain impetus from the ever-increasing demand for thermal camera from the healthcare sector. They are used by doctors and physicians to record and capture temperature variations of the human body for proper diagnosis. These cameras deliver vast amount of data in the forms of videos and images. Those are then analyzed by healthcare providers to receive insights of the vascular and metabolic activities of a particular patient.
This information is given in a recently published report by Fortune Business Insights™, titled, “Thermal Imaging Market Size, Share and Industry Analysis, By Technology (Cooled and Uncooled), By Product (Thermal Camera, Thermal Scopes and Thermal Module), By Wavelength (Shortwave Infrared (SWIR), Midwave Infrared (MWIR) and Longwave Infrared (LWIR)), By Application (Security and Surveillance, Monitoring and Inspection, and Detection and Measurement), By Vertical (Aerospace and Defence, Law Enforcement, Healthcare, Automotive, Oil and Gas, Residential, Manufacturing, and Others), and Regional Forecast 2019-2026.” The report further mentions that the thermal imaging market size was USD 3.24 billion in 2018. It is projected to reach USD 5.16 billion by 2026, thereby exhibiting a CAGR of 6.0% during the forecast period.
To Gain More Insights into the Thermal Imaging Market, Browse Summary of the Research Report – https://www.fortunebusinessinsights.com/thermal-imaging-market-102588
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
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Drivers & Restraints-
High Demand from Fire Service Industry to Augment Growth
Thermal imaging cameras are nowadays used rapidly in the fire service industry. They are utilized for the detection of objects, animals, and humans in smoky environment, as well as complete darkness. Several manufacturers are implementing different inorganic and organic strategies for creating and delivering innovative cameras to this industry. These cameras not only assist the firefighters in recusing trapped people, but also enhances personal safety and security. However, these cameras are equipped with very expensive in-built devices. It may obstruct the thermal imaging industry growth during the forthcoming years.
Healthcare Segment to Grow Significantly Backed by Need for Disease Detection
Based on vertical, the market is divided into oil and gas, manufacturing, aerospace and defence, healthcare, residential, law enforcement, automotive, and others. Out of these, the healthcare segment held 9.5% thermal imaging systems market share in 2018. It would exhibit high growth owing to the rapid shift of clinicians towards cameras for detecting and treating numerous severe medical conditions, such as circulatory problems, repetitive strain injury, muscular pain, and arthritis. The aerospace and defence segment, on the other hand, is likely to showcase rising usage of thermal cameras for applications consisting of collision avoidance systems, ship guidance systems, and border surveillance.
Major Table of Content for Thermal Imaging Market:
- Executive Summary
- Market Dynamics
- Key Insights
- Global Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- North America Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- Europe Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- Asia Pacific Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- Middle East and Africa Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- Latin America Thermal Imaging Market Analysis, Insights and Forecast, 2015-2026
- Competition Matrix
- Global Thermal Imaging Market Revenue Share Analysis, 2018
- Company Profile
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