Thermal Scanners Market: See Expanding Opportunity in Post-Pandemic Commercial Market | FLIR Systems, Inc.,Fluke Corporation,Leonardo S.p.A.
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Key Segments Studied in the Global Thermal Scanners Market
Global Thermal Scanners Market to reach USD 7.3 billion by 2027. Global Thermal Scanners Market is valued at approximately USD 4.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.6 % over the forecast period 2021-2027. A thermal scanner is a non-invasive infrared imaging device that creates an image of the heat emitted by a body to detect and record temperature. It detects infrared energy and converts it to electrical signals, resulting in thermal pictures and temperature readings. It is generally used for mechanical equipment monitoring and inspections, as well as for determining human body temperature. With virus-specific assays, thermal cameras can give a more efficient, discrete, and effective means to identify persons. Thermal screening technology is used by facilities such as transportation agencies, factories, enterprises, and government offices as part of Employee Health and Screening (EH&S) and as an Elevated Body Temperature (EBT) detection tool. As numerous industries prepare to reopen during the shutdown, preventive precautions such as utilizing thermal cameras to screen staff are being adopted. The usage of these devices in residential and commercial complexes has been mandated by governments in some regions. As a result of this rising demand, market growth is predicted to accelerate over the estimated years. Amazon.com, Inc., an e-commerce behemoth, uses thermal scanning sensors to screen personnel at its facilities. Because the corporation delivers crucial commodities all over the world, thermal scanners have been installed in at least six warehouses outside of Los Angeles and Seattle. Whole Foods Market Inc., a worldwide grocery chain based in the United States, has also begun to employ similar devices in its locations. The usage of thermal scanners for screening has been confirmed by General Motors Company and Wynn Resorts Ltd. Other companies exploring the usage of thermal camera solutions that could be used after the pandemic include Tyson Foods Inc. and Intel Corp. Companies are launching new products in order to expand their product portfolios, expand their manufacturing capabilities, and give competitive distinctiveness. Seek Thermal Inc. recently announced the availability of thermal cameras for test and measurement and security surveillance applications in December 2019.
Previously, the company worked with the Los Angeles Fire Department to deliver RevealFirePRO to each of the firemen, giving them clear view into the burning structure and assisting in the safe evacuation. FLIR Systems, Inc. released the FLIR T860 thermal camera with integrated inspection route software in September 2019. However, export restrictions imposed on thermal imaging products may impede market growth over the forecast period of 2021-2027.
The regional analysis of the Global Thermal Scanners Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to the presence of numerous historical monuments, commercial as well as residential buildings in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to various vendors offering low-cost solutions across the region.
Major market player included in this report are:
• FLIR Systems, Inc.
• Fluke Corporation
• Leonardo S.p.A.
• L3HARRIS TECHNOLOGIES, INC.
• Axis Communications AB
• Optotherm, Inc.
• Seek Thermal
• Thermoteknix Systems Ltd.
• 3M Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
• Short-Wave Infrared (SWIR)
• Mid-Wave Infrared (MWIR)
• Long-Wave Infrared (LWIR)
By End use:
• Aerospace & Defense
• Oil & Gas
Our market research provides vital intelligence on market size, business trends, industry structure, market share, and market forecasts that are essential to developing business plans and strategy. In addition, the key strategic and competitive variables affecting the global market are discussed, the industry’s key players are identified, and global market share is evaluated. The entire study is framed within the industry’s economic and market environments.
How will the COVID-19 coronavirus impact the global economy? The Report Ocean is tracking recent developments and analyzing their impact. Also included are discussions of virus trends, the economic impact of the pandemic, production, supply chains, capacity expansions, and suppliers.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
• Market Behavior/ Level of Risk and Opportunity
• End Industry Behavior/ Opportunity Assessment
• Expected Industry Recovery Timeline
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Each study, more than 100+ pages, is packed with tables, charts and insightful narrative including coverage on:
• Market size
• Product segments – size and forecasts
• Market segments – size and forecasts
• Market share of leading manufacturers
• Relevant industry trends
• Industry structure
• Company profiles of industry participants
• Market environment
• Trade flows
Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
• To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast to 2025.
• To understand the structure of market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the growth trends, future prospects, and their contribution to the total market.
• To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Thermal Scanners Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Thermal Scanners market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Thermal Scanners Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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