The global thermal imaging market is expected to reach USD 11,771.88 million by 2030 from USD 6,234.23 million in 2022, growing with a substantial CAGR of 8.3% in the forecast period of 2023 to 2030.
Market Segmentation
Global Thermal Imaging Market, By Offering (Hardware, Software, and Services), Product Type (Thermal Cameras, Thermal Scopes, Thermal Goggles, and Others), Resolution (320 X 240, 160 X 120, 640 X 480, and Others), Technology (Uncooled and Cooled), Color Palette (White Hot, Ironbow, Rainbow HC, Artic, and Others), Application (Security and Surveillance, Monitoring and Inspection, Detection and Measurement, Search and Rescue, and Others), Wavelength (Long-wave Infrared (LWIR), Mid-wave Infrared (MWIR), and Short-wave Infrared (SWIR)), Focusing Mechanism (Manual Focus, Fixed Focus, and Auto Focus), End-Use (Aerospace and Defense, Automotive, Residential, Energy and Utilities, Healthcare, Life Sciences, and Others), Country (U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Turkey, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, U.A.E., Saudi Arabia, Kuwait, and Rest of Middle East and Africa) - Industry Trends and Forecast to 2030.
Overview of the Global Thermal Imaging Market Dynamics
- Driver
- Growing demand for border surveillance and defense applications
- Restraint
- High cost of thermal imaging products
- Opportunity
- Rising penetration of Advanced Driver-Assistance Systems (ADAS) and autonomous vehicles
Market Players
Some of the major market players operating in the global thermal imaging market are:
- Teledyne FLIR LLC
- Fluke Corporation
- General Starlight Co., Inc.
- Guide Sensmart Tech Co., Ltd.
- BAE Systems
- Zhejiang Dali Technology Co.,Ltd.
- Tonbo Imaging
- Xenics nv
- Testo SE & Co. KGaA
- L3Harris Technologies, Inc.
- Seek Thermal Inc.
- UNI-TREND TECHNOLOGY (CHINA) CO., LTD.
- COX CO., LTD
- Dragerwerk AG & Co. KGaA
- 3M
- ATN
- Avon Protection
- Allied Vision Technologies GmbH
- Axis Communications AB
- Leonardo DRS
- Shanghai Magnity Technologies Co., Ltd.
- Opgal
- Palmer Wahl Instruments, Inc.
- Thermoteknix Systems Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 63
- 1.1 OBJECTIVES OF THE STUDY 63
- 1.2 MARKET DEFINITION 63
- 1.3 OVERVIEW OF THE GLOBAL THERMAL IMAGING MARKET 63
- 1.4 LIMITATION 65
- 1.5 MARKETS COVERED 65
2 MARKET SEGMENTATION 71
- 2.1 MARKETS COVERED 71
- 2.2 GEOGRAPHICAL SCOPE 72
- 2.3 YEARS CONSIDERED FOR THE STUDY 73
- 2.4 CURRENCY AND PRICING 73
- 2.5 DBMR TRIPOD DATA VALIDATION MODEL 74
- 2.6 OFFERING TIME-LINE CURVE 77
- 2.7 MULTIVARIATE MODELING 78
- 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 79
- 2.9 DBMR MARKET POSITION GRID 80
- 2.10 MARKET END USER COVERAGE GRID 81
- 2.11 DBMR MARKET CHALLENGE MATRIX 82
- 2.12 OFFERING TIMELINE CURVE 83
- 2.13 SECONDARY SOURCES 84
- 2.14 ASSUMPTIONS 84
3 EXECUTIVE SUMMARY 85
4 PREMIUM INSIGHTS 88
- 4.1 PORTER'S 5 FORCES 89
- 4.2 PATENT ANALYSIS 89
- 4.2.1 FLIR SYSTEMS 91
- 4.2.2 SEEK THERMAL 91
- 4.2.3 RAYTHEON TECHNOLOGIES (FORMERLY RAYTHEON AND FLIR SYSTEMS) 92
- 4.3 TECHNOLOGICAL ANALYSIS 93
5 MARKET OVERVIEW 96
- 5.1 DRIVERS 98
- 5.1.1 GROWING DEMAND FOR BORDER SURVEILLANCE AND DEFENSE APPLICATIONS 98
- 5.1.2 RISING USE OF THERMAL IMAGING IN THE MANUFACTURING SECTOR FOR QUALITY CONTROL 99
- 5.1.3 INCREASING TECHNOLOGICAL BENEFITS OF THERMAL IMAGING 101
- 5.1.4 GROWING DEMAND FROM EMERGING MARKETS DUE TO GEOPOLITICAL CONDITIONS 102
- 5.1.5 RISING DEMAND FOR ADVANCED IMAGE PROCESSING BY USING AIML 105
- 5.1.6 SURGING ADOPTION OF THERMAL IMAGING IN THE RESIDENTIAL AND COMMERCIAL SECTOR 105
- 5.2 RESTRAINTS 107
- 5.2.1 HIGH COST OF THERMAL IMAGING PRODUCTS 107
- 5.2.2 GROWING ALTERNATIVE TECHNOLOGIES AND LIMITATIONS OF THERMAL IMAGING 108
- 5.3 OPPORTUNITIES 111
- 5.3.1 INCREASING EXPENDITURE ON RESEARCH AND DEVELOPMENT AND ADOPTION OF THERMAL IMAGING SYSTEMS 111
- 5.3.2 RISING PENETRATION OF ADVANCED DRIVER-ASSISTANCE SYSTEMS (ADAS) AND AUTONOMOUS VEHICLES 112
- 5.3.3 INTEGRATION OF THERMAL IMAGING INTO SMARTPHONES AND CONSUMER ELECTRONICS 113
- 5.4 CHALLENGES 115
- 5.4.1 TECHNOLOGICAL COMPLEXITY RELATED TO THERMAL IMAGING 115
- 5.4.2 EXPORT CONTROLS AND RESTRICTIONS IMPOSED BY GOVERNMENTS 116
6 GLOBAL THERMAL IMAGING MARKET, BY PRODUCT TYPE 118
- 6.1 OVERVIEW 119
- 6.2 THERMAL CAMERAS 120
- 6.2.1 HANDHELD THERMAL CAMERAS 121
- 6.2.2 FIXED THERMAL CAMERAS 121
- 6.3 THERMAL SCOPES 121
- 6.3.1 TUBE TYPE 122
- 6.3.2 NON-TUBE TYPE 122
- 6.4 THERMAL GOGGLES 122
- 6.5 OTHERS 123
7 GLOBAL THERMAL IMAGING MARKET, BY RESOLUTION 124
- 7.1 OVERVIEW 125
- 7.2 320 X 240 126
- 7.3 160 X 120 126
- 7.4 640 X 480 127
- 7.5 OTHERS 127
8 GLOBAL THERMAL IMAGING MARKET, BY WAVELENGTH 128
- 8.1 OVERVIEW 129
- 8.2 LONG-WAVE INFRARED (LWIR) 130
- 8.3 MID-WAVE INFRARED(MWIR) 131
- 8.4 SHORT-WAVE INFRARED(SWIR) 131
9 GLOBAL THERMAL IMAGING MARKET, BY END-USE 132
- 9.1 OVERVIEW 133
- 9.2 AEROSPACE & DEFENSE 134
- 9.2.1 HARDWARE 135
- 9.2.2 SOFTWARE 135
- 9.2.3 SERVICE 135
- 9.3 AUTOMOTIVE 135
- 9.3.1 HARDWARE 136
- 9.3.2 SOFTWARE 136
- 9.3.3 SERVICE 136
- 9.4 RESIDENTIAL 136
- 9.4.1 HARDWARE 136
- 9.4.2 SOFTWARE 137
- 9.4.3 SERVICE 137
- 9.5 ENERGY & UTILITIES 137
- 9.5.1 HARDWARE 137
- 9.5.2 SOFTWARE 137
- 9.5.3 SERVICE 138
- 9.6 HEALTHCARE 138
- 9.6.1 HARDWARE 138
- 9.6.2 SOFTWARE 138
- 9.6.3 SERVICE 138
- 9.7 LIFE SCIENCES 139
- 9.7.1 HARDWARE 139
- 9.7.2 SOFTWARE 139
- 9.7.3 SERVICE 139
- 9.8 OTHERS 140
10 GLOBAL THERMAL IMAGING MARKET, BY FOCUSING MECHANISM 141
- 10.1 OVERVIEW 142
- 10.2 MANUAL FOCUS 143
- 10.3 FIXED FOCUS 144
- 10.4 AUTO FOCUS 144
- 10.4.1 LASER ASSISTED AUTO FOCUS 145
- 10.4.2 MULTIFOCAL MECHANISM 145
11 GLOBAL THERMAL IMAGING MARKET, BY TECHNOLOGY 146
- 11.1 OVERVIEW 147
- 11.2 UNCOOLED 148
- 11.3 COOLED 148
12 GLOBAL THERMAL IMAGING MARKET, BY OFFERING 149
- 12.1 OVERVIEW 150
- 12.2 HARDWARE 151
- 12.2.1 INTEGRATED 152
- 12.2.2 STANDALONE 152
- 12.3 SOFTWARE 153
- 12.3.1 IMAGING ANALYSIS SOFTWARE 154
- 12.3.2 MONITORING & CONTROL SOFTWARE 154
- 12.3.3 OTHERS 154
- 12.4 SERVICES 154
- 12.4.1 PROFESSIONAL SERVICES 155
- 12.4.2 MANAGED SERVICES 155
13 GLOBAL THERMAL IMAGING MARKET, BY COLUR PALETTE 156
- 13.1 OVERVIEW 157
- 13.2 WHITE HOT 158
- 13.3 IRONBOW 159
- 13.4 RAINBOW HC 160
- 13.5 ARTIC 161
- 13.6 OTHERS 161
14 GLOBAL THERMAL IMAGING MARKET, BY APPLICATION 162
- 14.1 OVERVIEW 163
- 14.2 SECURITY & SURVEILLANCE 164
- 14.3 MONITORING & INSPECTION 165
- 14.4 DETECTION & MEASUREMENT 166
- 14.5 SEARCH & RESCUE 167
- 14.6 OTHERS 168
15 GLOBAL THERMAL IMAGING MARKET, BY REGION 169
- 15.1 OVERVIEW 170
- 15.2 NORTH AMERICA 174
- 15.2.1 U.S. 182
- 15.2.2 CANADA 188
- 15.2.3 MEXICO 195
- 15.3 EUROPE 202
- 15.3.1 GERMANY 209
- 15.3.2 FRANCE 214
- 15.3.3 U.K. 219
- 15.3.4 ITALY 224
- 15.3.5 RUSSIA 229
- 15.3.6 SPAIN 234
- 15.3.7 BELGIUM 239
- 15.3.8 TURKEY 244
- 15.3.9 NETHERLANDS 249
- 15.3.10 SWITZERLAND 255
- 15.3.11 POLAND 261
- 15.3.12 SWEDEN 266
- 15.3.13 DENMARK 271
- 15.3.14 NORWAY 276
- 15.3.15 FINLAND 281
- 15.3.16 REST OF EUROPE 286
- 15.4 ASIA-PACIFIC 287
- 15.4.1 CHINA 296
- 15.4.2 JAPAN 303
- 15.4.3 INDIA 310
- 15.4.4 SOUTH KOREA 317
- 15.4.5 MALAYSIA 324
- 15.4.6 AUSTRALIA & NEW ZEALAND 331
- 15.4.7 TAIWAN 339
- 15.4.8 SINGAPORE 346
- 15.4.9 INDONESIA 353
- 15.4.10 THAILAND 360
- 15.4.11 PHILIPPINES 367
- 15.4.12 VIETNAM 374
- 15.4.13 REST OF ASIA-PACIFIC 381