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US Thermal Imaging Market (2022-2027) by Product Type, Type, Technology, Wavelength, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 188 Pages
  • April 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585637
UP TO OFF until Jun 30th 2023
The US Thermal Imaging Market is estimated to be USD 1.12 Bn in 2022 and is projected to reach USD 1.82 Bn by 2027, growing at a CAGR of 10.14%.

Market dynamics are forces that impact the prices and behaviors of the US Thermal Imaging Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Thermal Imaging Market is segmented based on Product Type, Type, Technology, Wavelength, and Vertical.
  • By Product Type, the market is classified into Thermal Cameras, Thermal Scopes, and Thermal Modules.
  • By Type, the market is classified into Fixed Thermal Cameras and Handheld Thermal Cameras.
  • By Technology, the market is classified into Cooled and Uncooled.
  • By Wavelength, the market is classified into Short-Wave Infrared (SWIR), Mid-Wave Infrared (MWIR), and Long-Wave Infrared (LWIR).
  • By Vertical, the market is classified into Industrial, Commercial, Residential, Aerospace & Defense, Automotive, Healthcare & Life Sciences, Oil & Gas, and Food & Beverages.
  • By , the market is classified into .
  • By , the market is classified into .
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Adiance Technologies, ANVS, Axis Communications, BAE Systems, Fluke , L3Harris Technologies, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Thermal Imaging Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Thermal Imaging Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Thermal Imaging Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Thermal Imaging Market

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

The US Thermal Imaging Market was estimated to be valued at $1.12 Billion in 2022.

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

The growth rate of the US Thermal Imaging Market is 10.1%, with an estimated value of $1.82 Billion by 2027.

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

The US Thermal Imaging Market is estimated to be worth $1.82 Billion by 2027.

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

Key companies in the US Thermal Imaging Market include Adiance Technologies, ANVS, Axis Communications, BAE Systems, Fluke, L3Harris Technologies, Leonardo, Lynred, MoviTHERM and Philips.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Government Expenditure in the Aerospace & Defence Sector Boosting the Thermal Imaging Market Growth
4.1.2 Increasing Adoption of Thermal Imaging in the Automotive Industry
4.1.3 Growing R&D Investments by Companies, Governments, and Capital Firms for Developing Innovative Thermal Imaging Solutions
4.2 Restraints
4.2.1 Export Restriction Imposed on Thermal Imaging Products
4.3 Opportunities
4.3.1 Increase in the Adoption of Thermography for Infancy Stage Diagnosis in Healthcare Applications
4.3.2 Thermal Imaging Diagnoses Defects in Building Structures
4.4 Challenges
4.4.1 Thermal Cameras Do Not Work Through Glass And Water
4.4.2 Thermal Imaging Does Not Work for See-Through Wall Applications
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Thermal Imaging Market, By Product Type
6.1 Introduction
6.2 Thermal Cameras
6.3 Thermal Scopes
6.4 Thermal Modules
7 US Thermal Imaging Market, By Type
7.1 Introduction
7.2 Fixed Thermal Cameras
7.3 Handheld Thermal Cameras
8 US Thermal Imaging Market, By Technology
8.1 Introduction
8.2 Cooled
8.3 Uncooled
9 US Thermal Imaging Market, By Wavelength
9.1 Introduction
9.2 Short-Wave Infrared (SWIR)
9.3 Mid-Wave Infrared (MWIR)
9.4 Long-Wave Infrared (LWIR)
10 US Thermal Imaging Market, By Vertical
10.1 Introduction
10.2 Industrial
10.3 Commercial
10.4 Residential
10.5 Aerospace & Defense
10.6 Automotive
10.7 Healthcare & Life Sciences
10.8 Oil & Gas
10.9 Food & Beverages
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 Adiance Technologies
12.2 ANVS
12.3 Axis Communications
12.4 BAE Systems
12.5 Fluke
12.6 L3Harris Technologies
12.7 Leonardo
12.8 Lynred
12.9 MoviTHERM
12.10 Philips
12.11 Raytheon Technologies
12.12 Satellite Vu
12.13 Teledyne FLIR
12.14 Thales
12.15 XenICs
13 Appendix

Companies Mentioned

  • Adiance Technologies
  • ANVS
  • Axis Communications
  • BAE Systems
  • Fluke
  • L3Harris Technologies
  • Leonardo
  • Lynred
  • MoviTHERM
  • Philips
  • Raytheon Technologies
  • Satellite Vu
  • Teledyne FLIR
  • Thales
  • XenICs