Thermal Imaging Market Advancement, Key Players, Financial Overview and Analysis Report Forecast to 2027 | Impact of COVID-19

 Thermal Imaging Market – Overview

Thermal imaging is a method of detecting objects and humans in a dark environment with the assistance of their heat signature. Industries are able to lower their downtime and able to function without thermal energy audit. The global thermal imaging market report by Market Research Future (MRFR) offers customers relevant data on frequently asked questions and provides estimations on size, revenue, and growth for the period of 2018 to 2023 (forecast period). The COVID-19 outbreak and its impact on drivers, challenges, and competitive landscape are outlined in a comprehensive manner.

Market Scope

The global Thermal Imaging Market size can reach USD 3.96 billion by 2023 at a CAGR of 7% over the forecast period. Investments in thermal imaging cameras for distinguishing between objects clearly using different gradients of color can bode well for the market. The demand for thermal imaging in private and public environments due to increased demand for security by citizens can fuel market growth. Rapid pace of urbanization and modernization of commercial buildings with integration of latest technologies can work favorably for the market. The COVID-19 outbreak and its need for devices to assess abnormal temperatures can drive the demand in the market. It has been used in commercial and public buildings by security personnel to detect cases early and curb infection rates.

Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6277

Key Players:

The prominent players in the market of thermal imaging are FLIR Systems (Ticker: FLIR) (US), Fortive (Ticker: FTV) (US), Axis Communications (Sweden), Leonardo (Ticker: LDO) (Italy), BAE Systems (UK), L3 Technologies (US), United Technologies (US), Sofradir (France), Testo (Germany), Xenics (Belgium), Seek Thermal (US) and among others.

Thermal Imaging Marketing: Segmental Analysis

By application, the market is segmented into security & surveillance, monitoring & inspection, and detection. Security & surveillance segment is further bifurcated into perimeter security, unmanned aerial vehicle (UAV) and tracking. Monitoring & inspection segment is further bifurcated into machine condition monitoring, structural health monitoring, quality assessment and HVAC. Detection segment is further segmented into gas detection, fire/flare detection, body temperature measurement, level measurement, and research & development.

By vertical, the market is segmented into industrial, commercial, residential, aerospace & defense, automotive, healthcare & life sciences, oil & gas and food & beverages.

Global Thermal Imaging Market: Regional Outlook

The global market for thermal imaging is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of thermal imaging market is covered for North America, Europe, Asia Pacific, and the rest of the world. North America is expected to dominate the market owing to the growing demand for thermal imaging devices and increasing adoption of thermal imaging in commercial and home automation applications. In Europe, the market for thermal imaging is largely driven owing to increased integration of thermal cameras in smartphones and their declining prices. Also, rising demand for surveillance and security applications is attributed to the market growth of thermal imaging in Europe. In the Asia Pacific region, there is a high demand for thermal imaging due to increasing deployment of thermal imaging technology in various military applications, which is expected to drive the market in the forecast period.

Get Complete Report @ https://www.marketresearchfuture.com/reports/thermal-imaging-market-6277

Comments

Popular posts from this blog

Intelligent Sensor Market Size, Share, Competitive Analysis, Research Methodology, Rapid Growth and Fast Forward Research till 2027 | Impact of COVID-19

Screenless Display Market Growth, Future Scope, Challenges, Opportunities, Trends, Outlook And Forecast To 2027 | Impact of COVID-19

Organic Semiconductor Market Trends, Size, Segments, Emerging Technologies and Market Growth by Forecast to 2027 | Impact of COVID-19