Handheld Imager Market to Grow at CAGR of 12% Via Stud Finders Sector By 2023 | Key Players are Bosch, Zircon Corporation, DRS Technologies, Fluke Corporation, Stanley Black & Decker, FLIR and ULIS

Product segmentation of the handheld imager market indicates that stud finders will experience a CAGR of approximately 12% during the forecast timespan as they aid the construction industry in the accurate location of framing studs behind walling surfaces. Millimeter scans are largely used in malls, airports and wide public spaces for the conduction of full body scans in short time durations. IR scanners in the handheld imager market are predicted to exhibit a decline in product prices and high adoption across various sectors such as construction and security.

Millimeter wave scanner handheld imager market will also grow significantly at an annual rate of 17% over the coming six years. The growth can be credited to its growing implementation across the governmental and commercial sectors. Moreover, these products are also extensively used in airports to ensure passengers’ adequate security. This, in turn, is catalyzing global handheld imagers industry.

The primary application areas of handheld imager market are security, medical, construction, and industrial. The market from medical applications is predicted to experience considerable growth in the years ahead, owing to its increasing requirement in monitoring patient’s health. Security applications dominated the market accounting for more than 35% of the total volume in 2015 and is expected to remain a leading application sector over the period 2016-2023. The increasing need for safety and security along with rapid urbanization will augment the industry growth in this sector.

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The rising trend of miniaturization and need for increasing the range of these equipment has led to rapid development in the handheld imager market to cater to this demand. Technological advancements have led to the rise of infrared imaging, and the ability to use these equipment in the dark and smoke. The usage of cost-efficient raw materials such as amorphous silicon in the manufacturing of these devices is also expected to fuel the decline in the overall market prices and propel market.

Handheld Imager Market is set to grow at a CAGR of over 12% during the forecast timespan and is attributed to the increase in security concerns and rapid need for document scanning around the globe. These devices have high application in the security and defense sector as they aid in the detection of contraband and explosives in airports and other high security locations. This equipment reduces the discomfort of the person being scanned and is more convenient for usage than magnetometers for usage at airports.

Browse key industry insights spread across 84 pages with 37 market data tables & 29 figures & charts from the report, “Handheld Imager Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/handheld-imager-market-report

Asia pacific handheld imager market share will grow noticeably with an annual growth rate of more than 13%. The growth can be attributed to its surging demand for high security. China and India will contribute significantly toward the APAC regional revenue. Handheld imagerss are majorly used for military applications in these regions

Some Point from Table of Contents:

Chapter 4 Handheld Imager Product Insights
4.1. Handheld imager market share by product, 2015 & 2023
4.2. IR scanner
4.2.1. Market estimates and forecasts by region, 2012 - 2023
4.3. Millimeter wave scanner
4.3.1. Market estimates and forecasts by region, 2012 – 2023
4.4. Stud finder
4.4.1. Market estimates and forecasts by region, 2012 - 2023
4.5. Microbolometer
4.5.1. Market estimates and forecasts by region, 2012 – 2023

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/handheld-imager-market-report

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