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Thermal Imaging Market Global Analysis By Key Players - FLIR Systems, BAE Systems, Raytheon, Leonardo DRS, Testo SE, L-3 Technologies, Seek Thermal & More

08-16-2018 11:33 AM CET | IT, New Media & Software

Press release from: marketstudyreport.com

Thermal Imaging

Thermal Imaging

MarketStudyReport.com Adds New Thermal Imaging Market 2018 – 2024 research report providing information and data By Product, By Technology, By End-Use, By Application Industry Analysis, Regional Outlook, Application Potential, Trends, Competitive Market Share & Forecast spreading across 380 Pages with table and figures in it.

Thermal Imaging Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a 8% CAGR to 2024.

Thermal Imaging Market is projected to surpass USD 10 billion by 2024. Technological advancements in thermographic imagery have led to the development of mobile solutions for numerous applications including surveillance, remote sensing, and space imaging. The performances of thermal cameras is based on their bandwidth and spectral sensitivity for a broad range of applications. The emergence and incorporation of communication interfaces have favorably impacted the user adoption, driving the thermal imaging market growth.

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The development of thermography products with better resolution in high definition and smart intelligence capability offers their wide adoption across the application segments of security, surveillance and industrial temperature measurement. The UAV and drone thermal imaging market represents a huge potential for growth as consumers make use of drones for the home inspection of heat loss zones. The FLIR Vue is a dedicated core for the drone market.

The thermal imaging market is characterized by the compliance of these products with industry standards such as the National Fire Protection Association (NFPA) 1801 standard, the Ingress Protection (IP) rating 65,67 and the regulations imposed on the export of such devices including the U.S. International Traffic in Arms Regulations and the Export Administration Regulations (EAR). Such regulatory compliances ensure the device’s reliability and performance even under adverse conditions and prevent misuse and trafficking for illegal purposes.

Scopes & vision goggles offer the flexibility of day and night time use even under adverse weather conditions such as fog or smoke. Riflescopes enable military personnel to read off the target?s heat signatures for the most accurate position decision. Most riflescopes feature several color palates for better visualization and are more expensive than the monochrome models. Geopolitical unrest and the need for technologically-equipped border patrol are expected to drive thermal imaging market growth for the segment.

Cooled cameras are more expensive and bulkier owing to the requirement of cryogenic cooling units; however, they provide superior imagery and are therefore are preferably used in life sciences, healthcare, special industrial detection, and automotive applications. With their superior sensitivity, the cooled camera is largely suitable for long-range imaging in low-contrast scenes. Nuclear power plants, airports, pipelines, high-security buildings, correctional facilities, and other sensitive areas also benefit from detailed imagery offered by cooled camera systems.

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The Asia Pacific market is largely driven by the rising demand for thermal cameras in smartphones and the availability of low-cost imagers. The MEA thermal imaging market is expected to witness a sharp growth owing to the favorable infrastructure development trends and the rising demand across oil & gas industries in the region.

Key vendors in the thermal imaging market include FLIR Systems, BAE Systems, Raytheon, Leonardo DRS, Testo SE, L-3 Technologies, Seek Thermal, ULIS (Sofradir), and Fluke Corporation, among others. The difficulty in manufacturing and commercialization of accurate cameras, strict licensing norms, and export regulations has deterred new entrants from garnering market share. Product differentiation can be attributed as a part of the key business growth strategy.

Table of Content:

Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Thermal Imaging Industry Insights
Chapter 4. Thermal Imaging Market, By Product (Revenue, Shipment)
Chapter 5. Thermal Imaging Type Market, By Technology (Revenue, Shipment)
Chapter 6. Thermal Imaging Market, By End-Use (Revenue, Shipment)
Chapter 7. Thermal Imaging Market, By Application (Revenue, Shipment)
Chapter 8. Thermal Imaging Market, by region (Revenue, Shipment)
Chapter 9. Company Profiles

For More Details on this Report At: https://www.marketstudyreport.com/reports/thermal-imaging-market

Related Report:

United States Uncooled Thermal Imaging Market Report 2018

In this report, the United States Uncooled Thermal Imaging market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.

https://www.marketstudyreport.com/reports/united-states-uncooled-thermal-imaging-market-report-2018/?utm_source=RR-PSR

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