The global thermal imaging market size was USD 3.85 Billion in 2022 and is expected to register a steady revenue CAGR of 7.3% during the forecast period, according to the latest analysis by Emergen Research. Rising usage of thermal cameras for border surveillance is a key factor driving market revenue growth. Thermal Imaging technology is a method of enhancing object’s visibility in a totally dark environment by detection of infrared radiation emitted by an object and interpreting these radiations to create a visible pattern. In addition, increasing use of advanced thermal imaging cameras in military and defense sectors to meet demand for combat operations and night patrolling is also expected to drive revenue growth of the market. These cameras are capable of recognizing things at a very long distance, even in bad weather. Equipment including binoculars, monoculars, military vehicles utilized for perimeter surveillance, and remotely operated turrets are all employed in border surveillance.  Businesses are fever screening tools to protect employees and consumers from infections. For instance, in April 2020, Amazon deployed thermal cameras with this technology in six of its U.S. facilities in Seattle and Los Angeles to monitor health of its employees.

The Global Thermal Imaging Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Thermal Imaging Market studies the market scenario to offer growth projections for the Thermal Imaging industry for the forecast period of 2020-2027. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.

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Competitive Outlook: The leading companies operating in the Thermal Imaging market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Thermal Imaging Market and Profiled in the Report are:

Fluke Corporation, Raytheon Technologies, FLIR Systems, Leonardo SPA, BAE Systems, Xenics, L3Harris Technologies, Axis Communication, Lynred, Infratec

Objectives of the Report:

Study of the global Thermal Imaging market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Thermal Imaging market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Thermal Imaging market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Thermal Imaging market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019–2032)

  • Handheld Cameras
  • Fixed Cameras

•  Product Outlook (Revenue, USD Billion; 2019–2032)

  • Thermal Cameras
  • Thermal Modules
  • Thermal Scopes

• Application Outlook (Revenue, USD Billion; 2019–2032)

  • Monitoring & Inspection
  • Security & Surveillance
  • Detection & Measurement

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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•   Thermal Imaging Market News
•   Thermal Imaging Market Executive Summary

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