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Thermal Imaging Market 2023- Market Size, Share, Growth, Global Industry Trends And Forecast To 2032
Thermal Imaging Market Analysis
Thermal Imaging Market Size, Growth Rate, And Forecast
The global thermal imaging market size grew from $6.2 billion in 2022 to $6.89 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The thermal imaging market size is expected to grow to $10.23 billion in 2027 at a CAGR of 10.4%.
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Thermal Imaging Market Drivers
Increasing government expenditure in the aerospace and defense sector is significantly driving the growth of the thermal imaging market. Thermal imaging technology assists in the surveillance and observation of things in the aerospace and defense industries, which require additional surveillance.
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Thermal Imaging Market Segments
1) By Type: Thermal Cameras, Thermal Scopes, Thermal Modules
2) By Technology: Cooled, Uncooled
3) By Wavelength: Shortwave Infrared, Mid Wave Infrared, Long Wave Infrared
4) By Application: Thermography, Surveillance, Personal Vision Systems?, Fire Fighting?, Smartphones (Ruggedized), Other Applications
5) By Vertical: Aerospace And Defense, Law enforcement, Healthcare, Automotive, Oil And Gas, Residential, Manufacturing, Other Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the thermal imaging market.
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Thermal Imaging Market Key Players
Major competitors in the thermal imaging market include Teledyne Technologies Incorporated, Fluke Corporation, Leonardo S.p.A., Axis Communications, BAE Systems, Opgal Optronic Industries Ltd., Testo SE, Thermoteknix Systems Ltd.
The Business Research Company's "Global Thermal Imaging Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Thermal Imaging Market Include:
1. Executive Summary
2. Thermal Imaging Market Characteristics
3. Thermal Imaging Market Trends And Strategies
4. Thermal Imaging Market - Macro Economic Scenario
5. Thermal Imaging Market Size And Growth
......
26. Africa Thermal Imaging Market
27. Thermal Imaging Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Thermal Imaging Market
29. Thermal Imaging Market Future Outlook and Potential Analysis
30. Appendix
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