Market Research Report
Thermal Imaging Market Size By Product, By Technology, By End-Use, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026
|Published by||Global Market Insights Inc.||Product code||945480|
|Published||Content info||450 Pages
Delivery time: 2-3 business days
|Thermal Imaging Market Size By Product, By Technology, By End-Use, By Application, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026|
|Published: June 22, 2020||Content info: 450 Pages||
Thermal Imaging Market Size By Product (Handheld/Portable Camera, Fixed/Mounted Core, Scopes & Vision Goggles), By Technology (Cooled, Uncooled), By End-Use (Automotive, Commercial, Government & Defense, Healthcare & Life Science, Industrial, Residential), By Application (Detection & Measurement, Monitoring & Inspection, Personal Vision System, Search & Rescue, Security & Surveillance), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 - 2026.
The global thermal imaging market is projected to witness substantial growth over the coming years owing to a growing demand for the technology from industries such as automotive and government & defense.
Thermal imaging is a technology that uses thermal energy and infrared radiation to collect information on objects to create their images in low-visibility environments. This technology has been refined over past years and is often adopted as a night vision technology.
Thermal cameras or imagers are devices that are integrated with sensitive heat sensors that have the ability to pick up minute temperature differences. As these devices gather infrared radiation emitted from objects, they can begin to map out images based upon the inflexions and differences in the measurements of temperature.
The demand for technology is also more in comparison to other heat-based imaging systems as unlike low-light imaging and near-infrared illumination, thermal imaging technology works in environments that do not have any ambient light. Additionally, thermal imaging can also penetrate obscurants like fog, smoke, and haze. These benefits are ensuring a higher penetration of the technology and fueling industry growth.
The thermal imaging market is classified into separate segments based on product, technology, end-use, application, and regional landscape.
Based on product, the market is divided into fixed/mounted core, handheld/portable camera, scopes & vision goggles. Among these, the handheld/portable camera segment is projected to register remunerative growth. Popular smartphone dongles designed for imaging include SEEK Thermal Compact and FLIR One, which are available in the market at a small fraction of overall cost of the handheld imagers, which intensifies the price competitiveness throughout the industry. However, the segment is likely to experience certain limitations. The inability of these cameras to effectively function in water, glass, and water, especially at higher temperatures, may hamper market growth.
In terms of technology, the market is segmented into cooled, and uncooled. The integration of CCTV cameras with cooled thermal camera offers improved surveillance for key infrastructure applications. These are used predominantly across military applications, being restricted from use in commercial applications due to export regulations on the basis of misuse concerns.
From end-use, Automotive diagnostics represents a prominent segment, fueling the demand for the overall thermal imaging industry. The device can effectively utilized by engineers to enhance airbag system designs, validate HVAC systems efficiencies, carry out quality checks on welds and bonds, and quantify the thermal impacts of operation on vehicle tire. High-end automotive manufacturers including Porsche, BMW, and Audi, have been retrofitting their respective cars with these devices for several years.
The rising adoption of thermal cameras throughout the automotive and military sector is projected to drive the overall thermal imaging industry over the forthcoming years. The rising popularity of UAVs (Unmanned Aerial Vehicles) that are equipped with advanced cameras in military as well as civilian operations are being witnessed, specifically as the technology helps the aircraft to navigate through the darkness and detect the target through smoke and clouds.
With respect to application, detection & measurement, monitoring & inspection, personal vision systems, search & rescue, security & surveillance, and others. The detection & measurement segment is forecast to register tremendous gains over the projected timeframe. Temperature measurement through thermal imaging across production and manufacturing industries facilitates the ability to economically attain higher product quality through constant product temperature measurement, which are crucial in certain processes.
Increasing deployment of thermal cameras for security applications in the region is being witnessed. Growing crime rate in Brazil, Mexico and Colombia is encouraging governments to increase their defense budget. Increasing awareness related to thermal imaging in Latin America has also led to deployment of infrared cameras for residential security applications.
The economies of the Middle East have witnessed rapid expansion and growth in GDP owing to the increase in industrialization and growing number of oil & gas companies. The demand for IR cameras in oil & gas sector is rapidly increasing owing to their application in preventive maintenance.