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Thermal Imaging Global Market Report 2022, By Type, Technology, Wavelength, Application, Vertical

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    Report

  • 175 Pages
  • February 2022
  • Region: Global
  • The Business Research Company
  • ID: 5548350
Thermal Imaging Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global thermal imaging market.



This report focuses on thermal imaging market which is experiencing strong growth.

The report gives a guide to the thermal imaging market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the thermal imaging? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Thermal Imaging market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
  • It traces the market’s historic and forecast market growth by geography.
  • It places the market within the context of the wider thermal imaging market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the Covid 19 virus and forecasting its growth.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • It covers the growth trajectory of Covid 19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies.
  • Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The thermal imaging market section of the report gives context.
  • It compares the thermal imaging market with other segments of the thermal imaging market by size and growth, historic and forecast.
  • It analyses GDP proportion, expenditure per capita, thermal imaging indicators comparison.

Scope


Markets Covered:
1) By Type: Thermal Cameras; Thermal Scopes; Thermal Modules
2) By Technology: Cooled; Uncooled
3) By Wavelength: Shortwave Infrared; Mid Wave Infrared; Long Wave Infrared
4) By Application: Thermography; Surveillance; Personal Vision Systems​; Fire Fighting​; Smartphones (Ruggedized); Others
5) By Vertical: Aerospace And Defense; Law enforcement; Healthcare; Automotive; Oil And Gas; Residential; Manufacturing; Others

Companies Mentioned: Teledyne Technologies Incorporated; Fluke Corporation; Leonardo S.p.A.; Axis Communications; BAE Systems

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Frequently Asked Questions about the Global Thermal Imaging Market

What is the estimated value of the Global Thermal Imaging Market?

The Global Thermal Imaging Market was estimated to be valued at $6.15 billion in 2022.

What is the growth rate of the Global Thermal Imaging Market?

The growth rate of the Global Thermal Imaging Market is 9.1%, with an estimated value of $8.7 billion by 2026.

What is the forecasted size of the Global Thermal Imaging Market?

The Global Thermal Imaging Market is estimated to be worth $8.7 billion by 2026.

Who are the key companies in the Global Thermal Imaging Market?

Key companies in the Global Thermal Imaging Market include Teledyne Technologies Incorporated, Fluke Corporation, Leonardo S.p.A., Axis Communications, BAE Systems, Opgal Optronic Industries Ltd., Testo SE, Thermoteknix Systems Ltd. and Hangzhou Hikvision Digital Technology Co. Ltd..

Table of Contents

1. Executive Summary2. Thermal Imaging Market Characteristics3. Thermal Imaging Market Trends And Strategies4. Impact Of COVID-19 On Thermal Imaging
5. Thermal Imaging Market Size And Growth
5.1. Global Thermal Imaging Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Thermal Imaging Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Thermal Imaging Market Segmentation
6.1. Global Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Thermal Cameras
  • Thermal Scopes
  • Thermal Modules
6.2. Global Thermal Imaging Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Cooled
  • Uncooled
6.3. Global Thermal Imaging Market, Segmentation By Wavelength, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Shortwave Infrared
  • Mid Wave Infrared
  • Long Wave Infrared
6.4. Global Thermal Imaging Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Thermography
  • Surveillance
  • Personal Vision Systems?
  • Fire Fighting?
  • Smartphones (Ruggedized)
  • Others
6.5. Global Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Aerospace And Defense
  • Law enforcement
  • Healthcare
  • Automotive
  • Oil And Gas
  • Residential
  • Manufacturing
  • Others

7. Thermal Imaging Market Regional And Country Analysis
7.1. Global Thermal Imaging Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Thermal Imaging Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Thermal Imaging Market
8.1. Asia-Pacific Thermal Imaging Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Thermal Imaging Market
9.1. China Thermal Imaging Market Overview
9.2. China Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Thermal Imaging Market
10.1. India Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Thermal Imaging Market
11.1. Japan Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Thermal Imaging Market
12.1. Australia Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Thermal Imaging Market
13.1. Indonesia Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Thermal Imaging Market
14.1. South Korea Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Thermal Imaging Market
15.1. Western Europe Thermal Imaging Market Overview
15.2. Western Europe Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Thermal Imaging Market
16.1. UK Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Thermal Imaging Market
17.1. Germany Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Thermal Imaging Market
18.4. France Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.5. France Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Thermal Imaging Market
19.1. Eastern Europe Thermal Imaging Market Overview
19.2. Eastern Europe Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Thermal Imaging Market
20.1. Russia Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Thermal Imaging Market
21.1. North America Thermal Imaging Market Overview
21.2. North America Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Thermal Imaging Market
22.1. USA Thermal Imaging Market Overview
22.2. USA Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Thermal Imaging Market
23.1. South America Thermal Imaging Market Overview
23.2. South America Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Thermal Imaging Market
24.1. Brazil Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Thermal Imaging Market
25.1. Middle East Thermal Imaging Market Overview
25.2. Middle East Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Thermal Imaging Market
26.1. Africa Thermal Imaging Market Overview
26.2. Africa Thermal Imaging Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Thermal Imaging Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Thermal Imaging Market Competitive Landscape And Company Profiles
27.1. Thermal Imaging Market Competitive Landscape
27.2. Thermal Imaging Market Company Profiles
27.2.1. Teledyne Technologies Incorporated
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Fluke Corporation
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Leonardo S.p.A.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Axis Communications
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. BAE Systems
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Thermal Imaging Market29. Thermal Imaging Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Research Inquiries
30.4. About The Publisher
30.5. Copyright And Disclaimer

Executive Summary

Major players in the thermal imaging market are Teledyne Technologies Incorporated, Fluke Corporation, Leonardo S.p.A., Axis Communications, BAE Systems, Opgal Optronic Industries Ltd., Testo SE, Thermoteknix Systems Ltd., XenICs, Hangzhou Hikvision Digital Technology Co. Ltd., Seek Thermal Inc., InfraTec GmbH, Cantronic Systems Inc., Raytheon Technologies and Zhejiang ULIRVISION Technology Co. Ltd.

The global thermal imaging market is expected to grow from $5.56 billion in 2021 to $6.15 billion in 2022 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.70 billion in 2026 at a CAGR of 9.1%.

The thermal imaging market consists of the sales of thermal imaging technologies by entities (organizations, partnerships, and sole proprietors) that are used to improve the visibility of objects in a dark environment. Thermal imaging is a technology that gathers information about objects using infrared radiation and thermal energy to formulate images even in low visibility environments. It translates thermal energy emitted from objects into visible light to formulate images of them.

The main types of products in thermal imaging are thermal cameras, thermal scopes, and thermal modules. Thermal imaging cameras are devices that translate thermal energy into visible light to analyze a particular object or scene. The different technologies include cooled, uncooled, and involves various types of wavelength such as shortwave infrared, mid-wave infrared, long-wave infrared. The different applications include thermography, surveillance, personal vision systems, firefighting, smartphones (ruggedized), others and are used in various areas such as aerospace and defense, law enforcement, healthcare, automotive, oil and gas, residential, manufacturing, others.

North America was the largest region in the thermal imaging market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Increasing government expenditure in the aerospace and defense sector is significantly driving the growth of the thermal imaging market. Thermal imaging technology assists in the surveillance and observation of things in the aerospace and defense industries, which require additional surveillance. For instance, the national government has allotted $62.76 billion (Rs 4,71,378 crore) to the Ministry of Defence for the year 2020-21. The Ministry of Defense received the biggest budgetary allocation among any central government ministry. Defense spending accounts for 15.5% of the central government's budget in 2020-21.

Technological advancement is a key trend gaining popularity in the thermal imaging market. Major companies operating in the thermal imaging sector are focused on developing new technological solutions to strengthen their position. For instance, in May 2020, Honeywell, a US-based conglomerate company launched ThermoRebellion temperature monitoring solution based on advanced, infrared imaging technology and artificial intelligence algorithms. This AI-driven thermal imager identifies elevated body temperatures, assisting in the safety of people and places, as well as determining whether people are wearing the appropriate personal protection equipment. The Honeywell ThermoRebellion temperature monitoring solution can be instantly put at the entrance to a stadium, airport, factory, distribution center, and other commercial building to discover whether employees have an excessive face temperature.

In May 2021, Teledyne Technologies Incorporated, a US-based company that provides technologies for industrial growth acquired FLIR Systems Inc. for $8.2 billion. Through this acquisition, FLIR will be part of Teledyne's Digital Imaging division and will operate under the moniker Teledyne FLIR. Teledyne FLIR will offer an extensive spectrum of unmanned systems and imaging payloads in all sectors, from the deep sea to deep space. FLIR Systems Inc. is a US-based company that designs and manufactures thermal imaging infrared cameras.

The countries covered in the thermal imaging market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Teledyne Technologies Incorporated
  • Fluke Corporation
  • Leonardo S.p.A.
  • Axis Communications
  • BAE Systems
  • Opgal Optronic Industries Ltd.
  • Testo SE
  • Thermoteknix Systems Ltd.
  • XenICs
  • Hangzhou Hikvision Digital Technology Co. Ltd.
  • Seek Thermal Inc.
  • InfraTec GmbH
  • Cantronic Systems Inc.
  • Raytheon Technologies
  • Zhejiang ULIRVISION Technology Co. Ltd.

Methodology

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