Thermal Camera Market Highlights:
The need for thermal cameras has tremendously increased for usage in the manufacturing and automotive industries. Although most of the already deployed thermal cameras are fixed or mounted over a vehicle to capture images in motion, the fixed cameras are being replaced by the handheld ones owing to their mobility.
Thermal Camera Market find applications in BFSI, IT and telecommunication, automotive, food and beverages, healthcare, and other industry verticals. Additionally, research and development activities are in progress to overcome the challenges associated with temperature control in thermal cameras.
Major Key Players
The Key Players in the Thermal Camera Market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are FLIR Systems Inc, Fluke Corporation, Seek Thermal, InfraTec GmbH, Axis Communications AB, Opgal Optronic Industries Ltd, Jenoptik AG, PCE Instruments, Mobotix AG, LumaSense Technologies Inc, Spectric Plc, Optris GmbH, DIAS Infrared GmbH, Ulirvision Technology Co Ltd, HikVision Digital Technology Co, Micro-Epsilon, Bullit Mobile Ltd, and 3M Scott. These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 20–25% in the thermal camera market.
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For the study of the global thermal camera market, several primaries and secondary research were conducted which helped us analyze the market for major regions such as North America, Europe, Asia-Pacific, and the rest of the world. Among the aforementioned regions, North America dominated the thermal camera market in 2018 in terms of revenue and also continued its dominance throughout the forecast period. The factors subjected to this growth include rising adoption of thermal cameras for medical and manufacturing applications. Moreover, the aerospace and defense sector is undergoing transformational changes using power efficient and high-power density components. Thermal cameras are used to improve the performance of equipment or devices. In the defense sector, the application scope of directed-energy weapons, surveillance drones, and unmanned aerial vehicles (UAVs) is growing in the US.
On the other hand, the food and beverage sector also uses active cooling systems to facilitate heat dissipation. Active cooling systems use chillers or heat-pumps to enhance the cooling process. The refrigeration units must maintain a rigid temperature range to ensure the quality of food and beverages. The methods associated with beverage transportation and dispensing are continuously advancing. All the above-mentioned factors have increased the usage of thermal cameras in the US. However, the markChina and India are expected to register the highest and second-highest growth rates, thereby making the market in Asia-Pacific register the highest CAGR during the forecast period.
The Global Thermal Camera Market has been segmented based on Type, Mobility, Application, and Region.
- By Type, the market has been segmented into a cooled IR detector and uncooled IR detector.
- By Mobility, the market has been segmented into handheld fixed/mounted.
- By Application, the market has been segmented into building inspection, fault detection, law enforcement, medical, industrial process, astronomy, meteorology, and others.
- By Region, the thermal camera market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Table of Contents
1. Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Thermal Camera Market, By Type
1.1.2. Global Thermal Camera Market, By Mobility
1.1.3. Global Thermal Camera Market, By Application
1.1.4. Global Thermal Camera Market, By Region
2. Market Introduction
2.2. Scope of The Study
2.3. Market Structure
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List of Assumptions
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List of Tables
Table 1 Global Thermal Camera Market, By Type, 2019–2025
Table 2 Global Thermal Camera Market, By Mobility, 2019–2025
Table 3 Global Thermal Camera Market, By Application, 2019–2025
Table 4 Global Thermal Camera Market, By Region, 2019–2025
Table 5 North America: Thermal Camera Market, By Country, 2019–2025
List of Figures
Figure 1 Global Thermal Camera Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of The Global Thermal Camera Market
Figure 4 Value Chain of The Global Thermal Camera Market
Figure 5 Share of The Global Thermal Camera Market In 2018, By Country (In %)
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