Press release
AI-based Fever Detection Camera Market 2022 Industry Growth, Size, Share, Top Players, Emerging Trends, New Opportunity And Forecast 2029
AI-based Fever Detection Camera Market 2022-2029New study report" AI-based Fever Detection Camera Market 2022 Market Opportunities, Challenges, Strategies, and Forecasts 2029″ has been added to Fortune Business Insights.
Market Overview:
The report further mentions that the AI-based fever detection camera market size is USD 1.28 billion by 2022 and is projected to reach USD 2.19 billion by 2029, exhibiting a CAGR of 8.0% during the forecast period.
At the beginning of a recently published report on the AI-based Fever Detection Camera Market 2022-2029, extensive analysis of the industry has been done with an insightful explanation. The overview has explained the potential of the market and the role of key players that have been portrayed in the information that revealed the applications and manufacturing technology required for the growth of the AI-based Fever Detection Camera market.
Various segments of the market have been divided into different divisions. They have been depicted maximum share and profit maximization of the market during the forecasting period of 2022 to 2029. This is mentioned in the report too. Depending on the information, it has been recognized with different data and figures offered by the analysis of the overall understanding of the market place and value. Various distinctive features involve the market's knowledge based on the factors like the demographic changes, market dimensions, historical details, and market overviews. The research is also included in the strategic movements that are undertaken by the top-notch markets. Moreover, these key players affect the market growth and the profit rate of the overall market. In this report, the internal dimensions and assessments of the AI-based Fever Detection Camera market are revealed. The study of the AI-based Fever Detection Camera market's description has been taking place during the 2022 period and the last year of the foreseen period that extends to 2029.
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List of Key Players Covered in the AI-based Fever Detection Camera Market Report:
Altoros
AnyConnect Private Limited
Athena Security, Inc.
Australia PTY LTD.
FLIR Systems, Inc.
Hangzhou Hikvision Digital Technology Co., Ltd.
Honeywell International Inc.
Johnson Controls
Kogniz, Inc.
Mantra Softech (India) Pvt. Ltd.
Nippon Avionics Co., Ltd.
Platinum CCTV
Scylla
Vantage Security
COVID-19 Impact:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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Drivers & Restraints:
Need for Early Detection of COVID-19 Symptoms to Boost Growth
The demand for AI-based fever detection cameras is surging presently owing to the rapid spread of the coronavirus infection. The vaccine for the infection is still at the developmental stage. Hence, it is creating tremendous pressure on the healthcare system worldwide. To lower this pressure to a certain extent, several tech companies are working persistently to develop new AI-based fever detection cameras for the early detection of fever as it is considered to be the earliest symptom of coronavirus. As these cameras deliver updates regarding an individual's body temperature in real-time, they are gaining more popularity. Once the person is detected, he/she is then isolated and taken for further testing. However, these cameras don't always provide accurate temperature readings. These are also expensive in natures. It may hamper this market growth in the coming years.
Segmentation-
Public Places Segment to Grow Steadily Owing to Higher Installation of Cameras in Crowded Venues
In terms of end user, the market is divided into banks, enterprises/factories, public places, hospitals, airports, and others. Out of these, the airports segment is set to hold the largest market share in the coming years. The public places segment held 13.8% AI-based fever detection camera market share in 2020. This growth is attributable to the increasing installation of such cameras in crowded venues to detect high temperatures in people.
Regional Insights:
North America & Europe to Lead Backed by Rising Number of COVID-19 Cases
In 2020, North America procured USD 0.46 billion in terms of revenue. The region would be at the forefront, followed by Europe on account of the rising number of coronavirus cases in the developed countries, such as the U.K., Germany, and the U.S. Also, these countries have adopted innovative technologies at the earliest. To reduce the spread of this disease, many companies are developing latest fever detection cameras based on AI. Asia Pacific, on the other hand, is expected to be the fastest-growing region throughout the forthcoming years stoked by the rising number of new product launches by industry giants and start-ups.
Key Industry Development:
May 2020: Staqu, a Gurgaon-based start-up introduced JARVIS, its latest thermal camera under the video analytics platform. This new technology will be able to detect body temperatures and will immediately alert the system if anybody with a temperature of 37°C and above passes through the cameras.
April 2020: Platinum CCTV, a provider of security cameras unveiled its AI-powered body temperature sensing fever camera. It would aid in providing visual security and in the identification of body temperatures individually.
Major Table of Content:
Introduction
Executive Summary
Market Dynamics
Key Insights
AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
North America AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
Europe AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
Asia Pacific AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
Middle East and Africa AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
Latin America AI-based Fever Detection Camera Market Analysis, Insights and Forecast, 2022-2029
Market Share Analysis, By Key Players, 2022
Competition Matrix
Company Profile
Continue….
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