Thermal Imaging Systems Market Insights: The Key to Unlocking Market Dynamics and Opportunities
Category - Semiconductor & Electronics
Report Code - OMR-SE-120
Format: PDF, PPT, and Excel
Thermal Imaging Systems Market to Expand its Growth Rate to 7.9% During Forecast; Rapid Urbanization and Industrialization, Inexpensive Cost of Systems, and Impending Pandemic to Sustain Growth During Forecast
Heat imaging is a technique that employs infrared light and heat energy to create images of objects in low-visibility environments. It is a type of technology that has found numerous uses over the years. It is a particularly useful type of night-vision technology that does not require visible light, allowing it to see plainly through smoke, fog, smog, and haze. Modern thermal cameras and imagers utilize a sensitive heat sensor to detect minute temperature fluctuations.
Numerous businesses have installed temperature monitoring systems to prevent the spread of disease. The Chinese police use thermal cameras and special eyewear to identify individuals with abnormally elevated body temperatures on the street. The Dubai police are not the only ones using thermal helmets equipped with artificial intelligence scanners to identify individuals with abnormally high inner body temperatures. With the lifting of COVID-19 quarantines in several countries, businesses are interested in using fever detection products to safeguard their employees and customers.
Key Takeaways of the Thermal Imaging Systems Market
By Type
The market share leader in fixed or mounted products. The growth can be traced to the rising need for fixed camera systems for monitoring and security purposes.
By Product
In 2022, the thermal imaging market saw the greatest revenue growth in the camera segment because it is much more likely to capture would-be thieves or vandals in the act when thermal imaging cameras are combined with other security measures such as guards or monitoring services.
By Wavelength
Longwave infrared (LWIR) is the segment with the greatest market share. The growth is attributable to the creation of novel technologies and the growing popularity of LWIR cameras in various monitoring and protection-related contexts.
By Application
Initial applications of infrared and thermal imagery systems were in the aerospace and military sectors. The defense industry's increased spending on surveillance, infrared light, and thermal imagery equipment indicates this technology's future widespread adoption.
By Region
The global market for thermal imaging is expected to grow in North America, which currently claims the largest market share. The increasing value of sustaining stringent safety standards for engine-accurate thermal efficiency can be attributed to rapid economic growth. The aerospace and military industry is anticipated to sustain its momentum over the coming years.
Advanced Solutions and Body Temperature Applications Will Increase Market Value
The COVID-19 pandemic has created a huge demand for thermal imaging solutions in various businesses, including the medical and biomedical fields and the transportation sector. Many businesses have installed temperature monitoring systems to stop the spread of illness. The Chinese police use thermal imaging equipment and goggles to identify individuals with dangerously elevated core temperatures.
Increasing demand from the automotive sector for thermal imaging systems like thermal cameras to improve nighttime driving safety is a key reason for developing the thermal imaging market. Recently developed cooled mercury cadmium telluride (MCT or HgCdTe) infrared detector technology has made high-performance infrared cameras possible for various taxing thermal imaging applications.
Thermal Imaging Systems in Healthcare and Automotive Dependency Will Drive Market Growth
The widespread availability of mobile devices has prompted businesses to prioritize enterprise mobility. When the disease has developed to an advanced stage, it is diagnosed through dramatic, non-invasive diagnostic screening approaches. When combined with other screening and diagnostic procedures, this approach can detect cancer at an earlier stage. These techniques allow diagnosing various conditions, including vascular disease, damage, and infection.
The quick rise in body temperature was a solid sign of who had contracted the virus and who had not. Hence this technique was employed during the pandemic to protect the latter group. Using thermal imaging cameras in the military has also proven quite effective. Targets at considerable distances were found even in poor weather conditions. The precise data gathered by thermal imaging cameras have helped military bases. Many types of military optics, from monoculars to binoculars to military vehicles, utilize this technology for surveillance.
Global Thermal Imaging Systems Market Prominent Players
• Leonardo S.p.A (Italy)
• American Technologies Network Corporation (U.S.)
• Dali Technology Co., Ltd. (China)
• Opgal Optronic Industries Ltd (Israel)
• Cantronic Systems, Inc. (Canada)
• Thermoteknix Systems Ltd. (U.K.)
• Seek Thermal, Inc (U.S.)
• Centrify Corporation (U.S.)
• Thales Group (France)
• BAE Systems (U.K.)
• FLIR Systems Inc. (U.S.)
• American Technologies Network Corporation (U.S.)
Report Scope for Thermal Imaging Systems Market
Type
• Handheld
• Fixed/Mounted
Product
• Camera
• Module
• Scopes
Technology
• Cooled
• Uncooled
Wavelength
• Midwave
• Longwave
• Shortwave
Application
• Residential
• Automotive
• Healthcare
• Manufacturing
• Oil & Gas
• Aerospace & Defense
• Others
Thermal Imaging Systems Market Regional Segmentation
North America
o U.S.
o Canada
o Mexico
Europe
o Germany
o U.K.
o France
o Spain
o Italy
o Rest of Europe (RoE)
Asia Pacific (APAC)
o Japan
o China
o India
o South Korea
o Rest of APAC
Latin America
o Argentina
o Brazil
o Rest of Latin America
Middle East & Africa
o South Africa
o UAE
o Saudi Arabia
o Rest of MEA
*Our reports are available on a region/wise and chapter/wise basis as well. For any additional personalization contact our sales representative directly at sales@objectivemarketresearch.com