Global Thermal Imaging Systems Market to Reach $10.2 Billion by 2030
The global market for Thermal Imaging Systems estimated at US$7 Billion in the year 2022, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. Fixed Mounted Systems, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Handheld Imaging Devices & Systems segment is readjusted to a revised 5.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.1% CAGR
The Thermal Imaging Systems market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.Select Competitors (Total 42 Featured) -
- BAE Systems PLC
- Elbit Systems Ltd.
- FLIR Systems, Inc.
- L-3 Communications Holdings, Inc.
- Leonardo DRS
- Lockheed Martin Corporation
- Raytheon Company
- Sofradir Group
- Thermoteknix Systems Ltd.
- ULIS
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems PLC
- Elbit Systems Ltd.
- FLIR Systems, Inc.
- L-3 Communications Holdings, Inc.
- Leonardo DRS
- Lockheed Martin Corporation
- Raytheon Company
- Sofradir Group
- Thermoteknix Systems Ltd.
- ULIS
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 223 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7 Billion |
Forecasted Market Value ( USD | $ 10.2 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |