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Thermal Imaging Camera Market 2024-2028

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    Report

  • 139 Pages
  • July 2024
  • Region: Global
  • TechNavio
  • ID: 5613269
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The thermal imaging camera market is forecasted to grow by USD 949.6 million during 2023-2028, accelerating at a CAGR of 7.08% during the forecast period. The report on the thermal imaging camera market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing military expenditure, increasing demand from healthcare industry, and regulations that mandate use of radiation detection, monitoring, and safety solutions.

The thermal imaging camera market is segmented as below:

By Product Type

  • Camera
  • Scope and goggles
  • Modules

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • Middle East and Africa
  • South America
This study identifies the improvement in photogrammetry and thermal imaging as one of the prime reasons driving the thermal imaging camera market growth during the next few years. Also, growing R&D investments by companies, governments, and capital firms and increase in adoption of thermography for infancy stage diagnosis will lead to sizable demand in the market.

The report on the thermal imaging camera market covers the following areas:

  • Thermal imaging camera market sizing
  • Thermal imaging camera market forecast
  • Thermal imaging camera market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thermal imaging camera market vendors that include ANVS Inc., BAE Systems PLC, Bullard, Chauvin Arnoux Group, CorDEX Instruments Ltd., Cox Enterprises Inc., Elbit Systems Ltd., Fortive Corp., Hangzhou Hikvision Digital Technology Co. Ltd., InfraTec GmbH, Keysight Technologies Inc., MSA Safety Inc., SATIR Europe Ireland Co. Ltd., Seek Thermal Inc., Synectics PLC, Teledyne Technologies Inc., Testo SE and Co. KGaA, Thermoteknix Systems Ltd., Wuhan Guide Infrared Co. Ltd., and Zhejiang Dali Technology Co. Ltd. Also, the thermal imaging camera market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Product Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Thermal Imaging Camera Market 2018 - 2022
Historic Market Size - Data Table on Global Thermal Imaging Camera Market 2018 - 2022 ($ million)
4.2 Product Type segment analysis 2018 - 2022
Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product Type
6.1 Market segments
Chart on Product Type - Market share 2023-2028 (%)
Data Table on Product Type - Market share 2023-2028 (%)
6.2 Comparison by Product Type
Chart on Comparison by Product Type
Data Table on Comparison by Product Type
6.3 Camera - Market size and forecast 2023-2028
Chart on Camera - Market size and forecast 2023-2028 ($ million)
Data Table on Camera - Market size and forecast 2023-2028 ($ million)
Chart on Camera - Year-over-year growth 2023-2028 (%)
Data Table on Camera - Year-over-year growth 2023-2028 (%)
6.4 Scope and goggles - Market size and forecast 2023-2028
Chart on Scope and goggles - Market size and forecast 2023-2028 ($ million)
Data Table on Scope and goggles - Market size and forecast 2023-2028 ($ million)
Chart on Scope and goggles - Year-over-year growth 2023-2028 (%)
Data Table on Scope and goggles - Year-over-year growth 2023-2028 (%)
6.5 Modules - Market size and forecast 2023-2028
Chart on Modules - Market size and forecast 2023-2028 ($ million)
Data Table on Modules - Market size and forecast 2023-2028 ($ million)
Chart on Modules - Year-over-year growth 2023-2028 (%)
Data Table on Modules - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product Type
Market opportunity by Product Type ($ million)
Data Table on Market opportunity by Product Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.11 Israel - Market size and forecast 2023-2028
Chart on Israel - Market size and forecast 2023-2028 ($ million)
Data Table on Israel - Market size and forecast 2023-2028 ($ million)
Chart on Israel - Year-over-year growth 2023-2028 (%)
Data Table on Israel - Year-over-year growth 2023-2028 (%)
8.12 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 ANVS Inc.
ANVS Inc. - Overview
ANVS Inc. - Product / Service
ANVS Inc. - Key offerings
11.4 Bullard
Bullard - Overview
Bullard - Product / Service
Bullard - Key offerings
11.5 Chauvin Arnoux Group
Chauvin Arnoux Group - Overview
Chauvin Arnoux Group - Product / Service
Chauvin Arnoux Group - Key offerings
11.6 Fortive Corp.
Fortive Corp. - Overview
Fortive Corp. - Business segments
Fortive Corp. - Key news
Fortive Corp. - Key offerings
Fortive Corp. - Segment focus
11.7 InfraTec GmbH
InfraTec GmbH - Overview
InfraTec GmbH - Product / Service
InfraTec GmbH - Key offerings
11.8 Keysight Technologies Inc.
Keysight Technologies Inc. - Overview
Keysight Technologies Inc. - Business segments
Keysight Technologies Inc. - Key news
Keysight Technologies Inc. - Key offerings
Keysight Technologies Inc. - Segment focus
11.9 Synectics Plc
Synectics Plc - Overview
Synectics Plc - Business segments
Synectics Plc - Key offerings
Synectics Plc - Segment focus
11.10 Teledyne Technologies Inc.
Teledyne Technologies Inc. - Overview
Teledyne Technologies Inc. - Business segments
Teledyne Technologies Inc. - Key news
Teledyne Technologies Inc. - Key offerings
Teledyne Technologies Inc. - Segment focus
11.11 Thermoteknix Systems Ltd.
Thermoteknix Systems Ltd. - Overview
Thermoteknix Systems Ltd. - Product / Service
Thermoteknix Systems Ltd. - Key offerings
11.12 Zhejiang Dali Technology Co. Ltd.
Zhejiang Dali Technology Co. Ltd. - Overview
Zhejiang Dali Technology Co. Ltd. - Product / Service
Zhejiang Dali Technology Co. Ltd. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Thermal Imaging Camera Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Product Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Product Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Product Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Product Type
Exhibits 33: Data Table on Comparison by Product Type
Exhibits 34: Chart on Camera - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Camera - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Camera - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Camera - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Scope and goggles - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Scope and goggles - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Scope and goggles - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Scope and goggles - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Modules - Market size and forecast 2023-2028 ($ million)
Exhibits 43: Data Table on Modules - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Chart on Modules - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Modules - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Product Type ($ million)
Exhibits 47: Data Table on Market opportunity by Product Type ($ million)
Exhibits 48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 49: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 50: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 51: Chart on Geographic comparison
Exhibits 52: Data Table on Geographic comparison
Exhibits 53: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Israel - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Israel - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Israel - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Israel - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 93: Market opportunity By Geographical Landscape ($ million)
Exhibits 94: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 95: Impact of drivers and challenges in 2023 and 2028
Exhibits 96: Overview on criticality of inputs and factors of differentiation
Exhibits 97: Overview on factors of disruption
Exhibits 98: Impact of key risks on business
Exhibits 99: Companies covered
Exhibits 100: Matrix on companies position and classification
Exhibits 101: ANVS Inc. - Overview
Exhibits 102: ANVS Inc. - Product / Service
Exhibits 103: ANVS Inc. - Key offerings
Exhibits 104: Bullard - Overview
Exhibits 105: Bullard - Product / Service
Exhibits 106: Bullard - Key offerings
Exhibits 107: Chauvin Arnoux Group - Overview
Exhibits 108: Chauvin Arnoux Group - Product / Service
Exhibits 109: Chauvin Arnoux Group - Key offerings
Exhibits 110: Fortive Corp. - Overview
Exhibits 111: Fortive Corp. - Business segments
Exhibits 112: Fortive Corp. - Key news
Exhibits 113: Fortive Corp. - Key offerings
Exhibits 114: Fortive Corp. - Segment focus
Exhibits 115: InfraTec GmbH - Overview
Exhibits 116: InfraTec GmbH - Product / Service
Exhibits 117: InfraTec GmbH - Key offerings
Exhibits 118: Keysight Technologies Inc. - Overview
Exhibits 119: Keysight Technologies Inc. - Business segments
Exhibits 120: Keysight Technologies Inc. - Key news
Exhibits 121: Keysight Technologies Inc. - Key offerings
Exhibits 122: Keysight Technologies Inc. - Segment focus
Exhibits 123: Synectics Plc - Overview
Exhibits 124: Synectics Plc - Business segments
Exhibits 125: Synectics Plc - Key offerings
Exhibits 126: Synectics Plc - Segment focus
Exhibits 127: Teledyne Technologies Inc. - Overview
Exhibits 128: Teledyne Technologies Inc. - Business segments
Exhibits 129: Teledyne Technologies Inc. - Key news
Exhibits 130: Teledyne Technologies Inc. - Key offerings
Exhibits 131: Teledyne Technologies Inc. - Segment focus
Exhibits 132: Thermoteknix Systems Ltd. - Overview
Exhibits 133: Thermoteknix Systems Ltd. - Product / Service
Exhibits 134: Thermoteknix Systems Ltd. - Key offerings
Exhibits 135: Zhejiang Dali Technology Co. Ltd. - Overview
Exhibits 136: Zhejiang Dali Technology Co. Ltd. - Product / Service
Exhibits 137: Zhejiang Dali Technology Co. Ltd. - Key offerings
Exhibits 138: Inclusions checklist
Exhibits 139: Exclusions checklist
Exhibits 140: Currency conversion rates for US$
Exhibits 141: Research methodology
Exhibits 142: Information sources
Exhibits 143: Data validation
Exhibits 144: Validation techniques employed for market sizing
Exhibits 145: Data synthesis
Exhibits 146: 360 degree market analysis
Exhibits 147: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global thermal imaging camera market: ANVS Inc., BAE Systems Plc, Bullard, Chauvin Arnoux Group, CorDEX Instruments Ltd., Cox Enterprises Inc., Elbit Systems Ltd., Fortive Corp., Hangzhou Hikvision Digital Technology Co. Ltd., InfraTec GmbH, Keysight Technologies Inc., MSA Safety Inc., SATIR Europe Ireland Co. Ltd., Seek Thermal Inc., Synectics Plc, Teledyne Technologies Inc., Testo SE and Co. KGaA, Thermoteknix Systems Ltd., Wuhan Guide Infrared Co. Ltd., and Zhejiang Dali Technology Co. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is improvement in photogrammetry and thermal imaging."

According to the report, one of the major drivers for this market is the increasing military expenditure.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ANVS Inc.
  • BAE Systems Plc
  • Bullard
  • Chauvin Arnoux Group
  • CorDEX Instruments Ltd.
  • Cox Enterprises Inc.
  • Elbit Systems Ltd.
  • Fortive Corp.
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • InfraTec GmbH
  • Keysight Technologies Inc.
  • MSA Safety Inc.
  • SATIR Europe Ireland Co. Ltd.
  • Seek Thermal Inc.
  • Synectics Plc
  • Teledyne Technologies Inc.
  • Testo SE and Co. KGaA
  • Thermoteknix Systems Ltd.
  • Wuhan Guide Infrared Co. Ltd.
  • Zhejiang Dali Technology Co. Ltd.

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About the Thermal Imaging Market

Thermal imaging is a type of optoelectronic technology that uses infrared radiation to detect and measure the temperature of objects. It is used in a variety of applications, such as medical imaging, industrial process control, security and surveillance, and automotive safety. Thermal imaging cameras detect infrared radiation emitted by objects and convert it into an image that can be viewed on a monitor. The image is then analyzed to determine the temperature of the object. Thermal imaging technology has become increasingly popular in recent years due to its ability to detect objects in low light conditions and its ability to detect temperature changes over time. It is also used in a variety of industries, such as automotive, aerospace, and defense. Some of the major companies in the thermal imaging market include FLIR Systems, Inc., Axis Communications, Raytheon Technologies Corporation, and L3Harris Technologies, Inc. Show Less Read more

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