PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279907
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1279907
Global Thermal Imaging Market is valued approximately USD 2.84 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.7% over the forecast period 2023-2030. The thermal imaging market refers to the market for thermal imaging technology, which is used to capture and display images of heat radiation emitted by objects and surfaces. Thermal imaging cameras and sensors capture the infrared radiation emitted by objects and convert it into an image that can be analyzed and interpreted for a wide range of applications, including surveillance and security, industrial inspection, healthcare, and firefighting. The major driving factor for the Global Thermal Imaging Market are increasing demand of thermal imaging in various industries and growing awareness of safety and security. Moreover, the government initiatives and regulations and increasing demand for non-invasive screening and diagnostics is creating lucrative growth opportunity for the market over the forecast period 2023-2030.
Government initiatives and regulations aimed at improving industrial safety and security, as well as healthcare screening and diagnostics, are driving the adoption of thermal imaging technology in various applications. The Occupational Safety and Health Administration (OSHA) in the United States has implemented regulations aimed at improving industrial safety and preventing accidents in hazardous environments. Thermal imaging technology is being used in various industries to detect potential issues before they become critical problems and to improve safety and productivity. Along with this, in 2020, the European Union (EU) has implemented regulations for medical devices, including thermal imaging cameras used for non-invasive screening and diagnostics. In addition, many countries, such as India, are investing in healthcare screening and diagnostics programs to improve public health using thermal imaging technology. However, the high cost of Thermal Imaging stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Thermal Imaging Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North American thermal imaging market is expected to dominate the market due to the increasing demand for thermal imaging solutions in various applications, such as surveillance and security, industrial inspection, and healthcare. The presence of key players, such as FLIR Systems and Raytheon Technologies, is also expected to contribute to the growth of the market in this region. The Asia Pacific thermal imaging market is expected to grow rapidly due to the increasing demand for thermal imaging solutions in applications such as surveillance, firefighting, and industrial inspection. The increasing investment in infrastructure development in countries like China and India is also expected to drive the growth of the market in this region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable