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

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  • 191 Pages
  • April 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5585639
The Global Thermal Imaging Market is estimated to be USD 5.61 Bn in 2022 and is projected to reach USD 8.17 Bn by 2027, growing at a CAGR of 7.8%.

Market dynamics are forces that impact the prices and behaviors of the Global 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 Global Thermal Imaging Market is segmented based on Product Type, Type, Technology, Wavelength, Vertical, and Geography.
  • 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 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, AMEC Power Instruments, ANVS, Axis Communications, BAE Systems, COX, DIAS, etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

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 Global 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 Global 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 Global 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 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 $5.61 Billion in 2022.

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

The growth rate of the Global Thermal Imaging Market is 7.8%, with an estimated value of $8.17 Billion by 2027.

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

The Global Thermal Imaging Market is estimated to be worth $8.17 Billion by 2027.

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

Key companies in the Global Thermal Imaging Market include Adiance Technologies, AMEC Power Instruments, ANVS, Axis Communications, BAE Systems, COX, DIAS, Fluke, InfraTec and L3Harris Technologies.

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 Global Thermal Imaging Market, By Product Type
6.1 Introduction
6.2 Thermal Cameras
6.3 Thermal Scopes
6.4 Thermal Modules
7 Global Thermal Imaging Market, By Type
7.1 Introduction
7.2 Fixed Thermal Cameras
7.3 Handheld Thermal Cameras
8 Global Thermal Imaging Market, By Technology
8.1 Introduction
8.2 Cooled
8.3 Uncooled
9 Global 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 Global 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 Americas' Global Thermal Imaging Market
11.1 Introduction
11.2 Argentina
11.3 Brazil
11.4 Canada
11.5 Chile
11.6 Colombia
11.7 Mexico
11.8 Peru
11.9 United States
11.10 Rest of Americas
12 Europe's Global Thermal Imaging Market
12.1 Introduction
12.2 Austria
12.3 Belgium
12.4 Denmark
12.5 Finland
12.6 France
12.7 Germany
12.8 Italy
12.9 Netherlands
12.10 Norway
12.11 Poland
12.12 Russia
12.13 Spain
12.14 Sweden
12.15 Switzerland
12.16 United Kingdom
12.17 Rest of Europe
13 Middle East and Africa's Global Thermal Imaging Market
13.1 Introduction
13.2 Egypt
13.3 Israel
13.4 Qatar
13.5 Saudi Arabia
13.6 South Africa
13.7 United Arab Emirates
13.8 Rest of MEA
14 APAC's Global Thermal Imaging Market
14.1 Introduction
14.2 Australia
14.3 Bangladesh
14.4 China
14.5 India
14.6 Indonesia
14.7 Japan
14.8 Malaysia
14.9 Philippines
14.10 Singapore
14.11 South Korea
14.12 Sri Lanka
14.13 Thailand
14.14 Taiwan
14.15 Rest of Asia-Pacific
15 Competitive Landscape
15.1 Competitive Quadrant
15.2 Market Share Analysis
15.3 Strategic Initiatives
15.3.1 M&A and Investments
15.3.2 Partnerships and Collaborations
15.3.3 Product Developments and Improvements
16 Company Profiles
16.1 Adiance Technologies
16.2 AMEC Power Instruments
16.3 ANVS
16.4 Axis Communications
16.5 BAE Systems
16.6 COX
16.7 DIAS
16.8 Fluke
16.9 InfraTec
16.10 L3Harris Technologies
16.11 Leonardo
16.12 Lynred
16.13 MoviTHERM
16.14 OPGAL
16.15 Philips
16.16 Raytheon Technologies
16.17 Satellite Vu
16.18 Seek Thermal
16.19 Teledyne FLIR
16.20 Terabee
16.21 Testo
16.22 Thales
16.23 Tonbo Imaging
16.24 XenICs
16.25 Zhejiang Dali Technology
17 Appendix
17.1 Questionnaire

Companies Mentioned

  • Adiance Technologies
  • AMEC Power Instruments
  • ANVS
  • Axis Communications
  • BAE Systems
  • COX
  • DIAS
  • Fluke
  • InfraTec
  • L3Harris Technologies
  • Leonardo
  • Lynred
  • MoviTHERM
  • Philips
  • Raytheon Technologies
  • Satellite Vu
  • Seek Thermal
  • Teledyne FLIR
  • Terabee
  • Testo
  • Thales
  • Tonbo Imaging
  • XenICs
  • Zhejiang Dali Technology