Thermal Imaging Market Research Report

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Thermal Imaging Market Research Report Global
Industry Data by Product Type (Thermal Cameras,
Thermal Scopes, Thermal Modules), Application,
Industry Vertical (Residential, Commercial,
Industrial, Automotive, Aerospace and Defense,
Oil and Gas) Forecast To 2027
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Thermal Imaging Market An Overview
A recent report compiled by Reports and Data
estimates the Global Thermal Imaging Market size
to reach USD 4.99 Billion by 2027. The demand for
thermal imaging in various end-use industries is
driving market demand. An increase in terrorist
activities has impacted government and
non-government initiatives to adopt thermal
imaging technologies. Increasing instability,
geopolitical tension, and cross border terrorism
are driving market demand. Rising investment in
the defense system, leading to the modernization
of military equipment, is a positive driver for
the market. Thermal imaging helps armed forces to
protect borders during night time and extreme
weather. Advancement in thermal imaging systems
is driving market demand. The advancement in
research and development aids in lowering the
cost substantially and introduce a smarter and
efficient thermal system. The systems help in
enhancing the visibility and clarity of the
objects in the dark. It has helped companies in
reducing their downtime. Moreover, the technology
is entirely non-invasive and involves zero
physical contact. Free Report Sample _at_
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Thermal Imaging Market Dynamics A gradual
decrease in the cost in the thermography market
is propelling the growth of the thermal imaging
market. The deployment of thermal cameras in CCTV
camera systems and smartphones, besides the
application of thermal imaging systems in
automotive, aerospace, and military, offers ample
opportunities for the market. The growth of the
market has also been impacted by the advancement
of medical technologies. Digital research and
construction management also involves the usage
of thermal imaging technologies. It is important
for construction planners to map energy leakage,
moisture inspections, and building envelope
scrutiny. As energy conservation becomes a
crucial factor in building construction, the
application of thermal imaging during
constriction becomes inevitable. High investment
in construction development, coupled with the
growing demand for professional surveillance in
public and private sectors, are propelling market
demand. However, restrictions in export and
confidential details that can be retrieved by
longwave infrared cameras are hampering the
market demand. The lack of awareness and low
adoption will impact the industry.
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Thermal Imaging Market Regional Outlook The
European region is forecasted to grow with a CAGR
of 6.2 during the forecast period. The UK,
France, and Germany are increasingly adopting
expensive cool thermal imaging solutions. This
demand is augmenting market growth prospects
across healthcare facilities, manufacturing
plants, and the automotive industry. The market
is witnessing continuous upgrades and
applications of new technologies in the
transportation, commercial, and surveillance
system in North American region as well. As
self-driving cars are coming on to the streets,
Advanced Driving Assistance Vehicle and
autonomous vehicles are adopting thermal imaging
systems rapidly. Moreover, thermal imaging
systems have become less expensive which is also
expected to trigger market demand in the coming
years. Asia Pacific thermal imaging market is
growing due to the rise in the adoption of the
systems in automotive sector. The surge in
population is also creating a need for
high-quality and enhanced transportation.
Automobile manufacturers are improving designs
and integrating advanced technology such as LiDAR
for better driving assistance.
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Thermal Imaging Market Key Players Fluke
Corporation United Technologies FLIR Systems,
Inc. Leonardo S.p.A. Axis Communications
AB L3HARRIS Technologies, Inc. Axis
Communications AB Opgal, Xenics BAE
Systems COVID-19 Impact on Thermal Imaging
Market The Coronavirus pandemic has propelled
the demand for thermal imaging systems from the
transportation and healthcare sectors. The
thermography market has witnessed a major boost
in the current scenario, which, in turn, has also
augmented the thermal imaging market. Various
market players are integrating artificial
intelligence to enhance the protection level
provided by thermal imaging machines. Governments
across all nations are implementing stringent
regulations to isolate high-risk zones or track
people asked to be in-home quarantine. Smartphone
apps that are integrated with geotagging features
have been implemented by various governments to
track infected people and ensure physical
distancing.
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Report Highlights Detailed overview of the
parent market Changing thermal imaging market
dynamics in the industry In-depth thermal
imaging market segmentation Historical,
present, and projected thermal imaging market
size in terms of volume and value Recent
thermal imaging market trends and
developments Competitive landscape Strategies
of key players and products offered Segments,
sub-segments, and geographical regions exhibiting
promising growth A neutral perspective on
thermal imaging market performance Browse
Complete Report _at_ https//www.reportsanddata.com/r
eport-detail/thermal-imaging-market
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Thermal Imaging Market Segmentation For the
purpose of this report, the Global Thermal
Imaging Market is segmented on the basis of
product type, application, industry vertical, and
region Product Type Outlook (Revenue, USD
Billion 2017-2027) Thermal Cameras Thermal
Scopes Thermal Modules Application Outlook
(Revenue, USD Billion 2017-2027) Security and
Surveillance o Unmanned Aerial Vehicle
(UAV) o Perimeter Security o Tracking Monitoring
and Inspection o Structural Health
Monitoring o HVAC System Inspection o Machine
Condition Monitoring o Quality Assessment Detect
ion and Measurement o Fire/Flare
Detection o Level Measurement
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o Gas Detection o Body Temperature
Measurement o Prototype Assessment Industry
Vertical Outlook (Revenue, USD Billion
2017-2027) Residential Commercial Industrial
Automotive Aerospace and Defense Oil and
Gas Healthcare and Life science Food and
Beverage
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