Thermal Camera Market 2020 Global Trends, Business Strategy, Applications Analysis and Industry Profit Growth by Forecast to 2025

Thermal Camera Market 2020 Global Trends, Business Strategy, Applications Analysis and Industry Profit Growth by Forecast to 2025

“Thermal Camera Market”
Global Thermal Camera Market Research Report: By Type (Cooled IR Detector and Uncooled IR Detector), Mobility (Handheld and Fixed/Mounted), Application (Building Inspection, Fault Detection, Law Enforcement, Medical, Industrial Process, Astronomy, Meteorology, and others) and Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2025

Thermal Camera Market Highlights:

The need for thermal cameras has tremendously increased for usage in the manufacturing and automotive industries. Although most of the already deployed thermal cameras are fixed or mounted over a vehicle to capture images in motion, the fixed cameras are being replaced by the handheld ones owing to their mobility.

Thermal Camera Market find applications in BFSI, IT and telecommunication, automotive, food and beverages, healthcare, and other industry verticals. Additionally, research and development activities are in progress to overcome the challenges associated with temperature control in thermal cameras.

Major Key Players

The Key Players in the Thermal Camera Market are identified across all the major regions based on their country of origin, presence, recent key developments, product diversification, and industry expertise. Some of them are FLIR Systems Inc, Fluke Corporation, Seek Thermal, InfraTec GmbH, Axis Communications AB, Opgal Optronic Industries Ltd, Jenoptik AG, PCE Instruments, Mobotix AG, LumaSense Technologies Inc, Spectric Plc, Optris GmbH, DIAS Infrared GmbH, Ulirvision Technology Co Ltd, HikVision Digital Technology Co, Micro-Epsilon, Bullit Mobile Ltd, and 3M Scott. These players contribute significantly to market growth. Apart from the top key players, the other players contribute nearly 20–25% in the thermal camera market.

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Regional Analysis:

For the study of the global thermal camera market, several primaries and secondary research were conducted which helped us analyze the market for major regions such as North America, Europe, Asia-Pacific, and the rest of the world. Among the aforementioned regions, North America dominated the thermal camera market in 2018 in terms of revenue and also continued its dominance throughout the forecast period. The factors subjected to this growth include rising adoption of thermal cameras for medical and manufacturing applications. Moreover, the aerospace and defense sector is undergoing transformational changes using power efficient and high-power density components. Thermal cameras are used to improve the performance of equipment or devices. In the defense sector, the application scope of directed-energy weapons, surveillance drones, and unmanned aerial vehicles (UAVs) is growing in the US.

On the other hand, the food and beverage sector also uses active cooling systems to facilitate heat dissipation. Active cooling systems use chillers or heat-pumps to enhance the cooling process. The refrigeration units must maintain a rigid temperature range to ensure the quality of food and beverages. The methods associated with beverage transportation and dispensing are continuously advancing. All the above-mentioned factors have increased the usage of thermal cameras in the US. However, the markChina and India are expected to register the highest and second-highest growth rates, thereby making the market in Asia-Pacific register the highest  CAGR during the forecast period.

Segmentation:

The Global Thermal Camera Market has been segmented based on Type, Mobility, Application, and Region.

  • By Type, the market has been segmented into a cooled IR detector and uncooled IR detector.
  • By Mobility, the market has been segmented into handheld fixed/mounted.
  • By Application, the market has been segmented into building inspection, fault detection, law enforcement, medical, industrial process, astronomy, meteorology, and others.
  • By Region, the thermal camera market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Table of Contents

1. Executive Summary

1.1. Market Attractiveness Analysis

1.1.1. Global Thermal Camera Market, By Type

1.1.2. Global Thermal Camera Market, By Mobility

1.1.3. Global Thermal Camera Market, By Application

1.1.4. Global Thermal Camera Market, By Region

2. Market Introduction

2.1. Definition

2.2. Scope of The Study

2.3. Market Structure

3. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

Continued…

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List of Tables

Table 1 Global Thermal Camera Market, By Type, 2019–2025

Table 2 Global Thermal Camera Market, By Mobility, 2019–2025

Table 3 Global Thermal Camera Market, By Application, 2019–2025

Table 4 Global Thermal Camera Market, By Region, 2019–2025

Table 5 North America: Thermal Camera Market, By Country, 2019–2025

Continued…

List of Figures

Figure 1 Global Thermal Camera Market Segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of The Global Thermal Camera Market

Figure 4 Value Chain of The Global Thermal Camera Market

Figure 5 Share of The Global Thermal Camera Market In 2018, By Country (In %)

Continued…

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