Middle East and North Africa Thermal Camera Market is expected to grow at a CAGR of 13% during 2021-2026

Rising demand for thermal cameras across different applications is the key propeller over the forecast period. The thermal camera provides a huge amount of data in form of images and video that can be later analyzed and used by different end-users such as automotive, healthcare and lifestyle industry, and others. The thermal cameras are used by the military and defense industry to strengthen their night vision capabilities. In addition to this, the surge in a government initiative to upgrade the weapons and surveillance devices to enhance the targeting and security of the military is bolstering the growth of the thermal camera market.

According to the MarkNtel Advisors’ research report, “The Middle East and North Africa Thermal Camera Market Analysis, 2021”, the market is expected to grow at a CAGR of 13% during (2021-26).

Get the sample pages of the market analysis: https://www.marknteladvisors.com/query/request-sample/middle-east-and-north-africa-thermal-camera-market.html

Key questions answered in the study
1. What are the current and future trends in Middle East and North Africa Thermal Camera Market?
2. How the market has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the regions followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for Middle East and North Africa Thermal Camera Market?
5. What are the customer orientation, purchase behavior, and expectations from the Middle East and North Africa Thermal Camera Market service provider across various countries?

Automotive Industry Exhibits the fastest growth
Based on End-Users, the Automotive industry is expected to grow at a significant rate during the forecast period. The implementation of thermal cameras in the automotive industry is estimated to have a positive impact as it is very difficult to manually diagnose the problem that occurred in the complex circuit of the vehicle. Therefore, with the help of thermal camera identification of electric fault becomes easy by detecting the excessive heating or friction in any part of the circuit. Thus, the segment contributes to the overall growth of the thermal camera market.

For detailed Research: https://www.marknteladvisors.com/research-library/middle-east-and-north-africa-thermal-camera-market.html

“Middle East and North Africa Thermal Camera Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots and opportunities available for thermal camera providers across the country. Moreover, the report also encompasses the key strategic imperatives for success of competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This would further help the companies to formulate its Go to Market Strategy and identifying the blue ocean for its offerings.

Security and Surveillance Dominates the Market
Based on the application, the security and surveillance segment has held the largest market share in the Middle East and North Africa Thermal Camera Market in 2019. The thermal camera is highly used for security purposes as it can provide information regarding unusual activities even in extreme darkness and harsh weather conditions. The thermal camera is also used in the military sector for night patrolling. Thus, contributing to the overall growth of the market in the forthcoming timeline as revealed by MarkNtel Advisors’ research report “Middle East and North Africa Thermal Camera Market Analysis, 2021”.

According to MarkNtel Advisors, the major leading players in the Middle East and North Africa Thermal Camera Market are Flir System, Thermoteknix Systems Ltd., Leonardo S.p.A., Synectics plc, Seek Thermal, InfraTec GmbH Infrarotsensorik, Axis Communications AB, Opgal Optronic Industries Ltd., Etc.

Market Segmentation:
1. By Product (Mounted, Scopes & Goggles, Handheld)
2. By Wavelength (Long Wavelength (7 µm & Above), Mid Wavelength (3-5 µm), Short Wavelength (up to 2.5 µm))
3. By Technology (Uncooled, Cooled)
4. By End-User (Military & Defense, Automotive, Commercial, Healthcare & Life Science, Residential, Industrial, Oil & Gas)
5. By Application (Monitoring & Inspection, Detection & Measurement, Security & Surveillance, Search & Rescue Operation)
6. By Country (UAE, Saudi Arabia, Oman, Bahrain, Kuwait, Qatar, Turkey, North Africa)
7. By Competitors (Flir System, Thermoteknix Systems Ltd., Leonardo S.p.A., Synectics plc, Seek Thermal, InfraTec GmbH Infrarotsensorik, Axis Communications AB, Opgal Optronic Industries Ltd.)

MarkNtel Advisors
Office No.106, H-160, Noida - 63, UP- 201301
India
Email: sales@marknteladvisors.com
Tel: +91 120 4185243
Website: https://www.marknteladvisors.com

MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.