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IR and Thermal Imaging Systems Market 2021 Growth, Prominent Players: Flir Systems Inc., L-3 Communications Holdings, ULIS,

11-02-2021 10:29 AM CET | IT, New Media & Software

Press release from: Market Insights Reports

The IR and Thermal Imaging Systems Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the IR and Thermal Imaging Systems market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the IR and Thermal Imaging Systems market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the IR and Thermal Imaging Systems market.

The IR and Thermal Imaging Systems market was valued at USD 5.81 billion in 2020 and is expected to reach USD 10.21 billion by 2026 and grow at a CAGR of 9.84% over the forecast period (2021 - 2026).

Get a Free Sample Copy of This Report:

https://www.marketinsightsreports.com/reports/02082591799/ir-and-thermal-imaging-systems-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=namita

Top Leading Companies of IR and Thermal Imaging Systems Market are - Flir Systems Inc., L-3 Communications Holdings, ULIS, Lockheed Martin, Bae Systems PLC, Leonardo DRS, Elbit Systems Ltd., Raytheon, Sofradir Group, Thermoteknix Systems Ltd. and others.

Industry News and Updates:

- March 2018: FLIR Systems Inc. collaborated with the drone industry leader, DJI Innovations. The companies plan to proceed with their first joint product; the DJI Zenmuse XT stabilized the camera. Additionally, DRS Technologies highly anticipated 10-micron pixel pitch infrared detector has been adequately validated to select defense industry, prime contractors.

- March 2018 - ULIS bolometers set a new response-time record (measured using the Thermal Time Constant) without compromising their state-of-the-art pixel sensitivity.

Key Market Trends:

Industrial Applications are Expected to Have a Major Market Share

Thermal imaging has initiated substantial inroads into other types of applications, such as uncooled microbolometer-based detectors. These sensors have a long-wave infrared band from 7.5 to 14 m. Microbolometers are cheaper, smaller in size, lighter in weight; all these attributes while possessing immediate power-up capabilities, decreased power consumption, longer means the time between failures and are comparatively better than traditional bolometers.

The automotive industry uses thermal imaging as part of the safety system (E.g., identification of animals or humans on the road and warn the drivers before they encounter these potential hazards). Rear-view visibility systems (backup cameras) are now becoming mandatory on all new light vehicles sold in the United States. With autonomous vehicles coming into the picture, this technology can facilitate the automatic breaking by distinguishing based on object size.

North America to Hold a Significant Market Share

Latest technological breakthroughs have facilitated the advancement of new IR and thermal imaging systems that can make the overall processes more efficient and can significantly improve accuracy in various applications.

There have been a series of new product launches, mergers, and acquisitions in North America to take advantage of this opportunity. The major driver behind the investments has been the overall evolution and application of new technologies to unlock a huge number of volumes that were previously considered non-commercial. With these series of investments, industrial, transportation, security, and surveillance systems applications in North America is set to boom over the forecast period.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- IR and Thermal Imaging Systems Market Size & Analysis (2016 - 2026)
- Market Share Analysis of IR and Thermal Imaging Systems Market (%),2016 - 2026
- IR and Thermal Imaging Systems Market Share, By Brand
- IR and Thermal Imaging Systems Market Share, By Company
- IR and Thermal Imaging Systems Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies IR and Thermal Imaging Systems Market Value Analysis & Forecast
- Promising IR and Thermal Imaging Systems Development by Major Companies
- Detailed IR and Thermal Imaging Systems Portfolio of the Major Companies
- Major Deals in the IR and Thermal Imaging Systems Market
- Major Companies Analysis

Browse Full Report at:

https://www.marketinsightsreports.com/reports/02082591799/ir-and-thermal-imaging-systems-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=namita

We Offer Customization on Report Based on Specific Client Requirement:

- Country Level analysis for any 5 countries of your choice.

- Competitive analysis of any 5 key market players.

- 40 analyst hours to cover any other data point.

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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