About Infrared Thermal Imager
Infrared thermal Imager is the devices that use imaging technology which enables to detect people and objects in complete darkness and in very extreme conditions. These imager uses infrared frequency and starts to detect heat or infrared radiations in order to sense or track the objects. Based on temperature, the different imagers produce or create a crisp image. Due to rising advancements in infrared have led to the development of many remote infrared and thermal sensing devices for numerous applications such as space imaging, surveillance and remote sensing. Hence driving the market in forecasted years.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 6.5% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail a competitive advantage through combined collaborations. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Infrared Thermal Imager market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FLIR Systems (United States), Fortive (United States), Axis Communications (Sweden), Leonardo (Italy), BAE Systems (United Kingdom), L3 Technologies (United States), United Technologies (United States), Sofradir (France), Testo (Germany), Xenics (Belgium) and Seek Thermal (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Infrared Thermal Imager market by Type (Cameras, Modules and Scopes), Application (Security & Surveillance (Perimeter Security, Unmanned Aerial Vehicle (UAV), Tracking), Monitoring & Inspection(Machine Condition Monitoring, Structural Health Monitoring, Quality Assessment) and Detection (Gas Detection,Fire/Flare Detection,Body Temperature Measurement,Level Measurement, Research & Development)) and Region.
On the basis of geography, the market of Infrared Thermal Imager has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vertical, the sub-segment i.e. Industrial will boost the Infrared Thermal Imager market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Spectral Range, the sub-segment i.e. Short Wave Infrared (SWIR) Imaging will boost the Infrared Thermal Imager market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Advancements in Technologies, For Instance, Manufactures are Working on Making Miniaturized IR and Thermal Imaging Sensors
Market Growth Drivers:
Increasing Adoption of Thermal Imaging in Perimeter Security and Increasing Concern Related Security Purposes in Huge Facilities
Challenges:
Issues Related to Environmental Concerns
Restraints:
Lack of Awareness about the Emerging Applications of the Technology and High Cost for these Imagers
Opportunities:
Growing use in Automotive, Oil & Gas and other Commercial Applications will Boost the Industry and Rising use in Military Applications is also Fueling the market
Market Leaders and their expansionary development strategies
In May 2023, ADASKY and Gentex established a commercial, engineering, and manufacturing collaboration agreement designed to help bring ADASKY's proprietary technology to market. The partnership is focused on helping ADASKY scale from early growth company to a global leader in thermal sensing.
In March 2023, Teledyne FLIR announced it will be exhibiting at the ISC West trade at the Venetian Expo in booth 34061, where it will be showcasing its new cameras and multilayered security solutions. FLIR is expanding its broad portfolio of visible cameras by launching its first family of visible security cameras with artificial intelligence (AI)
Key Target Audience
Companies in the thermal imaging market, Electronics and semiconductor companies, Technical standards organizations, Investment communities in the market, Research institutes and organizations, Government and financial institutions and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.