Global Thermal Imaging Equipment Market Size, Share & Forecast 2020

Thermal Imaging Equipment Market Overview: 2026

Thermal Imaging Equipment is a detection device that detects infrared energy (heat) by non-contact and converts it into an electrical signal, which generates thermal images and temperature values on the display and can be calculated. Due to the nature of its non-contact detection of infrared energy, many manufacturers of thermal imaging equipment were full of orders after the COVID- 19 outbreak.
Thermal imaging technology has been widely used in daily life. It is an important application of diagnosis, when one part inflammation in body temperature will rise, the temperature can determine presence of inflammation, but cannot determine the location of the inflammation, and thermal imager can directly give the human body temperature field distribution, the pathological changes of heat compared with normal heat maps, can diagnose lesions from the changes. Thermal imaging could also be useful in the operating room. As blood flows through the newly placed arteries, the tubes on the thermograph change from grey to white, and it is often difficult for the naked eye to see if the blood vessels are unimpeded. Similar to the diagnosis of diseases, the failure of electrical components, axle boxes and circuit boards of high-voltage power transmission and transformation can also be directly observed and inspected with thermal imager to avoid the loss caused by the failure. Thermography can also be used for geological survey, geothermal exploration, forest vegetation distribution, atmospheric and oceanic monitoring, fire discovery and rescue. Thermal imagers can help rescuers find victims hidden in the smoke and darkness and pull them out.
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The major Thermal Imaging player in the market
FLIR
Lockheed Martin
Raytheon
L3 Technologies
Thales Group
Northrop
BAE
Elbit
DRS
Fluke
Wuhan Guide
Guangzhou SAT
Dali

The main levels of Thermal Imaging Equipment are divided into Infrared Thermal Imaging, Microwave Thermal imaging and other in temperature detect, medical device field combing with increased demand under the COVID- 19 outbreak

COVID- 19 outbreak in 2020 to the national economy and social life have caused a serious impact, Non-contact temperature detection equipment has become an important preliminary screening method. Due to the time and energy consumption of viral nucleic acid testing, it is difficult to popularize general screening to the general population. However, COVID-19 patients all have a clear history of heat release, so the use of temperature detection method to screen early COVID-19 infection has become one of the current reliable means. The outbreak has led to a surge in the demand for infrared thermometers for civil use, and the spread of the epidemic will accelerate the penetration of infrared temperature detection equipment. There are two main types of infrared temperature measurement equipment in the market: one is the more common hand-held body temperature measurement device, and the other is the temperature measurement and screening equipment based on thermal imaging devices.
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Infrared thermal imager uses infrared detector and optical imaging objective lens to receive the infrared radiation energy distribution graph of the target to reflect on the photosensitive element of the infrared detector, so as to obtain the infrared thermal image graph, which corresponds to the thermal distribution field of the object surface. Generally speaking, infrared thermal imager is to transform the invisible infrared energy emitted by an object into the visible thermal image. The different colors on the top of the thermal image represent the different temperatures of the object being measured.

In medical device field, medical imaging diagnostic equipment can be divided into X imaging, magnetic resonance imaging, ultrasound imaging, nuclear medicine imaging, optical imaging and thermal imaging six categories

Globally, An analysis of FLIR's data, which at one time had a 40 per cent share of the global market, reveals the salient features of the industry:

(1) government/defence procurement ratio is close to 40 percent;
(2) USA accounts for nearly 40% of the global market.
(3) Growth rate in Asia from 2016 to 2018 is significantly higher than that in the world.
(4) Government and defense procurement in Asia is higher than that in the United States, and the ratio of industrial procurement is lower.

Under COVID- 19, The Asian market is expected to return to high growth in 2020 and beyond with Coronavirus COVID- 19 Global Cases and COVID-19 Outbreak Evolution trend, especially in public service procurement in China. At present, government procurement is still a short-term growth point. When the demand in this aspect reaches a steady state, the industrial and commercial sectors have great potential.

However, the COVID-19 epidemic has entered the period of COVID-19 in Europe and America, with more than 1.1 million confirmed cases overseas. By 24:00 on April 4, the number of confirmed cases in China had dropped to 1,376, and 1024 asymptomatic infections were still under medical observation. As of 24 o 'clock on April 4, 207 countries and regions outside China had confirmed 1,114,684 cases, with 78,584 new cases confirmed, and 61,241 more than 60,000 cases died. The number of confirmed cases and deaths in overseas countries were far higher than that in China. Europe and the United States have been the hardest hit: the United States is the world's largest country with more than 300,000 confirmed cases, with a total of 312,253 confirmed cases.

With the continuation of this COVID-19 outbreak, temperature monitoring in a large number of public places will be popularized, and the corresponding upstream movement, detector, movement and other core components/components will continue to increase in demand, and the performance is expected to usher in high growth.

QY Research has recently curated a research report titled, Global Thermal Imaging Equipment Market Research Report 2020. The report is structured on primary and secondary research methodologies that derive historic and forecast data. The global Thermal Imaging Equipment market is growing remarkably fast and is likely to thrive in terms of volume and revenue during the forecast period. Readers can gain insight into the various opportunities and restraints shaping the market. The report demonstrates the progress and bends that will occur during the forecast period.

Global Thermal Imaging Equipment Market: Drivers and Restraints
The research report has incorporated the analysis of different factors that augment the market's growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of sales about the global market and also about each type from 2015 to 2026. This section mentions the volume of sales by region from 2015 to 2026. Pricing analysis is included in the report according to each type from the year 2015 to 2026, manufacturer from 2015 to 2020, region from 2015 to 2020, and global price from 2015 to 2026.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert's opinions have been taken to understand the market better.

Global Thermal Imaging Equipment Market: Segment Analysis
The research report includes specific segments such as application and product type. Each type provides information about the sales during the forecast period of 2015 to 2026. The application segment also provides revenue by volume and sales during the forecast period of 2015 to 2026. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Thermal Imaging Equipment Market: Regional Analysis
The research report includes a detailed study of regions of North America, Europe, China and Japan. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, sales, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2015 to 2026. These analyses will help the reader to understand the potential worth of investment in a particular region.

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Global Thermal Imaging Equipment Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and sales by manufacturers during the forecast period of 2015 to 2019.

Following are the segments covered by the report are:
Infrared Thermal Imaging
Microwave Thermal imaging

By Application:
Military
Civil

Key Players:
The Key manufacturers that are operating in the global Thermal Imaging Equipment market are:
Flir
Fluke
Satir
Ulis
Guide Infrared
DALI Technology
LAUNCH
Thales Group
Honeywell
Danaher Corporation
BAE Systems
L3 Technologies
Dahua Technology
Micro-Epsilon
Megvii
HikVision
Shenzhen MZ Rfid Technology
Raytek
Raytheon Company
Leonardo
Lockheed Martin
Elbit Systems
Opgal

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