Press release
Thermal Imaging Market 2021 Sales, Size, Share, Growth and Trend Forecast to 2027 | FLIR Systems Inc., Raytheon Company, BAE Systems Inc., DRS Technologies Inc.
DescriptionNew Research Study "Thermal Imaging Market 2021 analysis by Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges and Investment Opportunities), Size, Share and Outlook" has been added to Coherent Market insight
The global Thermal Imaging was accounted for US$ 1,978.7 Mn in terms of value in 2019 and is expected to grow at CAGR of 9.7% for the period 2020-2027.
Thermal imaging is a type of near vision that gathers infrared radiation from objects in the scene and converts it into an electronic picture. The top portion of the infrared light spectrum is captured by this technique. It operates best in a dark setting with no ambient light, and it can see through fog, smoke, and haze, as well as catch moving things in real time. Thermal imaging equipment is classified into three types: scopes, goggles, and cameras. The defence and military sectors are the primary users of scopes and night vision goggles.
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This report includes information on the industry's market growth as well as key segmentation variables that help the global Thermal Imaging Market prosper in today's environment. The report also emphasises the importance of regional classification in the global Thermal Imaging Market. Due to growing demand, the worldwide Thermal Imaging Market will eventually create more revenue and have a higher market size than the previous projected period.
Major Key players in this Market:
· FLIR Systems Inc. (FLIR)
· Raytheon Company
· BAE Systems Inc.
· L-3 Communications Holdings Inc.
· Axis Communications AB
· Danaher Corporation
· DRS Technologies Inc.
Drivers & Trends
The market forecasts in the Thermal Imaging industry are based on established research and assumptions based on current drivers and trends. As a result, the research report serves as a repository of analysis and data for every aspect of the market, including applications, SWOT analysis, future potential, new developments, and more. To acquire a firm grasp on the total market, several possible growth factors and hazards are assessed.
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Thermal Imaging Market Segmentation :
By Applications
· Surveillance and security
· Monitoring and maintenance
· Traffic monitoring
· Healthcare
· Automobile
· Research and development
· Others (firefighting and personal vision)
By End Users
· Defense and military sector
· Industrial sector
· Commercial sector
· Residential sector
By Geography
· North America
· Europe
· Asia Pacific
· RoW (Rest of the World)
Method of Research
The purpose of this section's research is to examine the Thermal Imaging market over the course of the review period using several validated metrics based on Porter's Five Force Model. As a result, a thorough examination of the market aids in identifying and emphasising the market's primary strengths and weaknesses as it progresses. Furthermore, the study was created using a combination of primary and secondary research, including interviews, surveys, and observations from seasoned analysts, as well as reliable paid sources, trade magazines, and industry body databases. Beyond important points in the industry's value chain, the study includes a complete qualitative and quantitative assessment based on data gathered from industry analysts and market players.
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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