The global demand for Thermal Imaging Cameras Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
A thermal imaging camera is a thermographic camera used in firefighting. These cameras use infrared radiation as visible light and are constructed using heat- and water-resistant housings, and ruggedized to withstand the hazards of fire ground operations. They are of special use for firefighters to see areas of heat through smoke, darkness, or heat-permeable barriers. It is used in cases where people are trapped where rescuers cannot find them. The camera senses temperature and shows the body temperature of the people in their way.
The growing investment in security management is driving the demand for thermal imaging cameras. Thermal imaging cameras were discovered to save lives through victim identification and removal from low visibility conditions. However, its application area is exploring from traditional end-use. Economies have enhanced their health and safety plans in recent months owing to the evolving situation of COVID-19 pandemic. Thermal imaging cameras at installed at entrances of airports, stations, and other public places in an effort to stop the spread of novel coronavirus. Owing to expanding cases of COVID-19 on a global scale, the market is experiencing exponential growth. But these cameras are experiencing a wave of debate. The issue is that these imaging systems are unproven also they’re not cheap, and so people are spending a lot of money on something that might not do anything. This is hampering the growth of market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of thermal imaging cameras.
The entire thermal imaging cameras market has been sub-categorized into component, application, types and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Threat Detection
- Predictive Maintenance
- Intelligent Transportation Systems
- Commercial and Residential Security
- Personal Vision
- Research and Development
- Active Receiving
- Passive Receiving
- Military and Defense
This section covers regional segmentation which accentuates on current and future demand for thermal imaging cameras market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Thermal Imaging Cameras Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the thermal imaging cameras market include Xenics, Lynred, FLIR Systems, Inc., Fortive, United Technologies. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.