Thermal Imaging Market - Forecasts from 2025 to 2030

The Thermal Imaging Market will reach US$9.063 billion in 2030 from US$6.471 billion in 2025 at a CAGR of 6.97% during the forecast period.

Thermal imaging utilizes thermal energy and infrared radiation to gather information about various objects to formulate images of them. It uses heat to produce an image or identify an object. This technology can produce high-quality images even in low-visibility environments. thermal Imaging market is expected to grow owing to the increased investments in research and development by various companies, governments, and capital firms with the objective to create effective thermal imaging solutions. The increasing adoption of thermal imaging in security, residential, manufacturing, and inspection services is projected to result in a surge in the market.

Thermal imaging significantly enhances safety in the aviation industry by reducing risks during low-light and nighttime flying conditions. For example, the German Aerospace Center and the European Aeronautic Defence and Space Company (EADS) utilize thermography solutions from InfraTec GmbH, a Dresden-based company. InfraTec's VarioCAM(R) infrared camera series, with high thermal resolution, and its specialized IRBIS software address the growing demand for advanced thermal imaging solutions. The market is poised for substantial growth due to rising global demand for thermography hardware and software. Companies like FLIR Systems, Inc. are actively developing software such as FLIR Route Creator, FLIR Tools App, and FLIR Screen-EST to meet these needs.

Geographically, the global thermal imaging market is divided into North America, South America, Europe, the Middle East and Africa, and the Asia-Pacific.

The global thermal imaging market report provides a comprehensive analysis of the industry, delivering strategic and executive-level insights backed by data-driven forecasts. This regularly updated report empowers decision-makers with actionable intelligence on market trends, emerging opportunities, and competitive dynamics. It evaluates demand for thermal imaging solutions, including thermal cameras, scopes, modules, and software, while examining applications in defense & security, industrial inspection, healthcare, automotive, and commercial sectors. The report also covers technological advancements, key government policies, regulatory frameworks, and macroeconomic factors, offering a holistic market perspective.

Some of the major players covered in this report include FLIR Systems, Inc., Fortive Corporation, Axis Developer Community, Seek Thermal Application, Leonardo - Societa per azioni, L3 Technologies, Inc., BAE Systems plc, Testo SE & Co. KGaA, Xenics N.V., Opgal Optronic Industries Ltd. among others.

Key Benefits of this Report:

• Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, and other sub-segments.
• Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
• Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape future market developments.
• Actionable Recommendations: Utilize the insights to exercise strategic decisions to uncover new business streams and revenues in a dynamic environment.
• Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.

How can the data from this report be utilized?

Industry & Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, and Competitive Intelligence.

Report Coverage

• Historical data from 2022 to 2024 & forecast data from 2025 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

Thermal Imaging Market Segmentation

Thermal Imaging Market Segmentation by Component:

The market is analyzed by component into the following:

• Hardware
• Software
• Services

Thermal Imaging Market Segmentation by Industry Vertical:

The report analyzed the market by industry vertical as below:

• Military and defence
• Manufacturing
• Consumer Electronics
• Aviation
• Construction
• Others

Thermal Imaging Market Segmentation by Technology:

The market is analyzed by technology into the following:

• Cooled Thermal Imaging
• Uncooled Thermal Imaging

Thermal Imaging Market Segmentation by Regions:

The study also analysed thermal imaging market into the following regions, with country level forecasts and analysis as below:

• North America (US, Canada and Mexico)
• South America (Brazil, Argentina, and Others)
• Europe (Germany, UK, France, Spain and Others
• Middle East and Africa (Saudi Arabia, UAE and Others)
• Asia-Pacific (China, Japan, India, South Korea, Thailand, Indonesia, and Others)

Thermal Imaging Market Report Coverage

This report provides extensive coverage as explained in the points below:

• Market size, forecasts, and trends by different types, with historical revenue data and analysis focusing on key factors driving adoption, current challenges faced by key players, and major growth areas.
• Market size, forecasts, and trends by component, with historical revenue data and analysis.
• Market size, forecasts, and trends by industry vertical, with historical revenue data and analysis.
• Market size, forecasts, and trends by technology, with historical revenue data and analysis of sales based on applications.
• Thermal imaging market is also analysed across different regions, with historical data, regional share, attractiveness and opportunity of these solutions in different countries. The growth prospects and key players operating in these markets. The section also dwells on the macro factors, economic scenario and other complementing factors aiding in market growth.
• Market dynamics: The section details the market growth factors, restraints, and opportunities in the market. The segment also presents complete market scenario with the help of Porter's five forces model.
• Competitive Intelligence: A thorough investigation on the competitive structure of the market presented through proprietary vendor matrix model, market share analysis of key players, insights on strategies of key players and recent major developments undertaken by the companies to gain competitive edge.
• Research methodology: The assumptions and sources which were considered to arrive at the final market estimates. Additionally, how our model is refined to ensure most significant factors are taken into consideration with the proper hypothesis and bottom-up and top-down approaches enhance the reliability of forecasts further strengthening the trustworthiness of the numbers being presented.

Reasons to Purchase This Report

• The report provides a strategic outlook of thermal imaging market to decision-makers, analysts and other stakeholders in easy-to-read format for taking informed decisions.
• The charts, tables and figures make it easy for executives to gain valuable insights while skimming through the report.
• Analyst support through calls and email for timely clarification and incorporating additional requests.
• Option of presentation or doc format with the estimates file to take care of diverse requirements.
• 15% free customization to help cater for additional requirements with significant cost-savings.