Thermal Imaging Market to Grow at a CAGR of 6.0% From 2019-2029

24 Jan 2017

According to the latest report published by Acute Market Reports “Thermal Imaging Market” - Growth, Future Prospects and Competitive Analysis, 2019-2029,” the global Thermal Imaging Market market is expected to expand at a CAGR of 6 % from 2021 to 2029.

Thermal imaging is simply the process of converting infrared radiation into visible images that depict the distribution of temperature differences in a scene viewed by a thermal camera. It’s an effective form of night-vision technology, with the capability to work in the total absence of any light and can even work in smoke, fog, smog & haze. The thermal imaging market is emerging over a year with its applications in various sectors. This industry is proving a boon to technological advancement & innovation across globe.

Browse Full Report at https://www.acutemarketreports.com/report/thermal-imaging-market

Errors related to accuracy in measuring temperature could cause major issues especially in healthcare sector. At present efforts are made inthermal imagingresearches which are directed towards improving the performance of single element devices, large electronically scanned arrays and higher operating temperature. Another important aim of industries is to make devices cheaper and more convenient to use.

Cooled & uncooled technologies are used across the globe depending on the environment & application type. The uncooled technology tends to be inexpensive but measures inaccurate results, cooled technology is expensive however they provide accurate results. The demand for a cooled camera is having a significant growth across healthcare facilities, manufacturing plants, and automobiles sectors.

Thermal imaging systems have been used by several countries during pandemic to reduce the spread of disease, by recognizing the temperature. When used correctly, thermal imaging systems generally have been shown to accurately while measure someone’s surface skin temperature without being physically close to the person being evaluated.FDA believes that telethermographic devices will not create a risk when the following circumstances related to the performance of the device and the transparency and clarity ofinformation in the product labeling are present.

Key players in this segment include Suangsi Infrared, Axis communications, FLIR Commercial Systems, LYNRED, DJI Gmbh, Greentel, SONY Europe, Iluminar, Sesys Ltd, Thermoteknix Systems Ltd. major manufacturing centre of thermal imaging is in Europe. The devices are used in populated countries as China, United nations & India. 

Key Market Movements:

  • Advances in technological thermal Imaging processes is the key growth factor.
  • Emerging technological advancement with respect to research has expanded the demand across the globe.
  • The key application is healthcare industry dominating the market.
  • The impact of Covid-19 impacted the market and enhanced the growth rate.
  • North America gained the largest share, followed by Europe & Asia Pacific in the market.
  • The key players are included Suangsi Infrared, Axis communications, FLIR Commercial Systems, LYNRED, DJI Gmbh, Greentel, SONY Europe, Iluminar, Sesys Ltd, Thermoteknix Systems Ltd.

The Global Thermal Imaging Testing Market is segmented into:

ATTRIBUTE DETAILS
Research Period  2019-2029
Base Year  2020
Forecast Period  2019-2029
Historical Year  2019
Unit  USD Million
Segmentation Product Segment (2019-2029; US$ Mn)
Application Segment (2019-2029; US$ Mn)
Technology  Segment (2019-2029; US$ Mn)
Geographic Segment (2019-2029; US$ Mn)
Covid-19 Impact  (2020-2021; US$ Mn)

*Detailed Segments are available at the report page

View Other Reports