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Thermal Imaging Market to Grow at a CAGR of 9 % from 2019-2029

According to the latest report published by Acute Market Reports “Thermal Imaging Market” – Growth, Future Prospects and Competitive Analysis, 2019-2029,” the Global Thermal Imaging Market is expected to expand at a CAGR of 9 % from 2021 to 2029

Thermal imaging is simply the process of converting infrared radiation into visible images that depict the distribution of temperature differences in a scene viewed by a thermal camera.It’s an effective form of night-vision technology, with the capability to work in the total absence of any light and can even work in smoke, fog, smog & haze.The thermal imaging market is emerging over a year with its applications in various sectors. This industry is proving a boon to technological advancement & innovation across globe.

Browse Full Report at https://www.acutemarketreports.com/report/thermal-imaging-market

An error related to accuracy in measuring temperature is a larger concern in medical or healthcare sector. At present efforts are made in thermal imaging researches which are directed towards improving the performance of single element devices, large electronically scanned arrays and higher operating temperature. Another important aim of indusries is to make devices cheaper and more convenient to use.

Cooled & uncooled technologies are used across the globe depending on the environment & application type. The uncooled technology tends to be inexpensive but measures inaccurate results, cooled technology is expensive however they provide accurate results. The demand for a cooled camera is having a significant growth across healthcare facilities, manufacturing plants, and automobiles sectors.

Thermal imaging systems have been used by several countries during pandemic to reduce the spread of disease, by recognizing the temperature.When used correctly, thermal imaging systems generally show to accurate results while measuring  surface skin temperature of an individual without being physically close to the person. FDA believes that tele thermographic devices will not create a risk when the following circumstances related to the performance of the device and the transparency and clarity of information in the product labeling are present.

Major vendors in the thermal imaging market concentrates on investing substantial amount on research and development activities to introduce technologically advanced and cost-effective products to meet customer demand and to differentiate themselves form competitors. Also, strategic partnerships and acquisitions are other major strategies followed by key players to enter untapped market and enhance geographical presence. Key players in this segment include Suangsi Infrared, Axis communications, FLIR Commercial Systems, LYNRED, DJI Gmbh, Greentel, SONY Europe, Iluminar, Sesys Ltd, Thermoteknix Systems Ltd. The major manufacturing of Thermal imaging is enhanced by Europe. The devices are used in populated countries as China, United nations & India,

Key Market Movements:

  • Thermal Imaging market is developing significantly with an expected CAGR of 9 % from 2019 – 2029.
  • Advances in technological Thermal Imaging processes are the key growth factor.
  • Emerging technological advancement with respect to research has expanded the demand across the globe.
  • The key applications are Healthcare industry dominating the market.
  • It has been observed that Thermal has a trend in the market.
  • The impact of Covid-19 impacted the market and lowered the growth rate.
  • North America gained the largest share, followed by Europe &Asia Pacificin the market.
  • The key players are include Suangsi Infrared, Axis communications, FLIR Commercial Systems, LYNRED, DJI Gmbh, Greentel, SONY Europe, Iluminar, Sesys Ltd, Thermoteknix Systems Ltd.
  • The key strategy of these companies includes producing the best quality of devices by reducing errors & making a cost-efficient model, reinvesting profits into research & development and into improvements in processes, practices.

The Global Allergy Testing Market is Segmented into:

ATTRIBUTEDETAILS
Research Period2019-2029
Base Year2020
Forecast Period2019-2029
Historical Year2019
UnitUSD Million
SegmentationProduct Segment (2019-2029; US$ Mn)
 Application Segment (2019-2029; US$ Mn)
End user  Segment (2019-2029; US$ Mn)
Geographic Segment (2019-2029; US$ Mn)
Covid-19 Impact  (2020-2021; US$ Mn)

Table of Content

1. Preface

1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary

2.1. Global Thermal Imaging Market Snapshot
2.2 Impact of Covid 19

3. Global Thermal Imaging Market Analysis

3.1. Global Thermal Imaging Market Overview
3.2. Market Inclination Insights
3.2.1. Recent Trends
3.2.2. Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Challenges
3.4. Attractive Investment Proposition
3.5. Market Positioning of Key Industry Participants
3.6. Major Strategies Adopted

4. Global Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)

4.1. Comparative Analysis
4.1.1. Hardware
4.1.2. Solution
4.1.3. Service

5. Global Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)

5.1. Comparative Analysis
5.1.1. Surveillance and Security
5.1.2. Monitoring and Maintenance
5.1.3. Automobile
5.1.4. Veterinary
5.1.5. Radiology
5.1.6. Other Applications (Firefighting, Personal Vision etc.)

6. Global Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)

6.1. Comparative Analysis
6.1.1. Defense and Military
6.1.2. Industrial Sector
6.1.3. Commercial Sector
6.1.4. Residential Sector

7. Global Thermal Imaging Market Revenue, By Geography, 2019 – 2029 (US$ Mn)

7.1. Comparative Analysis
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Rest of the World

8. North America Thermal Imaging Market Analysis, 2019 – 2029 (US$ Mn)

8.1. North America Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
8.1.1. Hardware
8.1.2. Solution
8.1.3. Service
8.2. North America Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
8.2.1. Surveillance and Security
8.2.2. Monitoring and Maintenance
8.2.3. Automobile
8.2.4. Veterinary
8.2.5. Radiology
8.2.6. Other Applications (Firefighting, Personal Vision etc.)
8.3. North America Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
8.3.1. Defense and Military
8.3.2. Industrial Sector
8.3.3. Commercial Sector
8.3.4. Residential Sector
8.4. North America Thermal Imaging Market Revenue, By Country, 2019 – 2029 (US$ Mn)
8.4.1. U.S.
8.4.1.1. U.S. Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
8.4.1.2. U.S. Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
8.4.1.3. U.S. Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
8.4.2. Canada
8.4.2.1. Canada Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
8.4.2.2. Canada Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
8.4.2.3. Canada Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)

9. Europe Thermal Imaging Market Analysis, 2019 – 2029 (US$ Mn)

9.1. Europe Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
9.1.1. Hardware
9.1.2. Solution
9.1.3. Service
9.2. Europe Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
9.2.1. Surveillance and Security
9.2.2. Monitoring and Maintenance
9.2.3. Automobile
9.2.4. Veterinary
9.2.5. Radiology
9.2.6. Other Applications (Firefighting, Personal Vision etc.)
9.3. Europe Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
9.3.1. Defense and Military
9.3.2. Industrial Sector
9.3.3. Commercial Sector
9.3.4. Residential Sector
9.4. Europe Thermal Imaging Market Revenue, By Country, 2019 – 2029 (US$ Mn)
9.4.1. United Kingdom
9.4.1.1. United Kingdom Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
9.4.1.2. United Kingdom Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
9.4.1.3. United Kingdom Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
9.4.2. France
9.4.2.1. France Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
9.4.2.2. France Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
9.4.2.3. France Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
9.4.3. Germany
9.4.3.1. Germany Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
9.4.3.2. Germany Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
9.4.3.3. Germany Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
9.4.4. Rest of Europe
9.4.4.1. Rest of Europe Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
9.4.4.2. Rest of Europe Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
9.4.4.3. Rest of Europe Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)

10. Asia Pacific Thermal Imaging Market Analysis, 2019 – 2029 (US$ Mn)

10.1. Asia Pacific Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
10.1.1. Hardware
10.1.2. Solution
10.1.3. Service
10.2. Asia Pacific Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
10.2.1. Surveillance and Security
10.2.2. Monitoring and Maintenance
10.2.3. Automobile
10.2.4. Veterinary
10.2.5. Radiology
10.2.6. Other Applications (Firefighting, Personal Vision etc.)
10.3. Asia Pacific Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
10.3.1. Defense and Military
10.3.2. Industrial Sector
10.3.3. Commercial Sector
10.3.4. Residential Sector
10.4. Asia Pacific Thermal Imaging Market Revenue, By Country, 2019 – 2029 (US$ Mn)
10.4.1. Japan
10.4.1.1. Japan Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
10.4.1.2. Japan Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
10.4.1.3. Japan Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
10.4.2. China
10.4.2.1. China Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
10.4.2.2. China Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
10.4.2.3. China Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
10.4.3. India
10.4.3.1. India Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
10.4.3.2. India Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
10.4.3.3. India Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
10.4.4. Rest of Asia Pacific
10.4.4.1. Rest of Asia Pacific Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
10.4.4.2. Rest of Asia Pacific Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
10.4.4.3. Rest of Asia Pacific Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)

11. Rest of World Thermal Imaging Market Analysis, 2019 – 2029 (US$ Mn)

11.1. Rest of World Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
11.1.1. Hardware
11.1.2. Solution
11.1.3. Service
11.2. Rest of World Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
11.2.1. Surveillance and Security
11.2.2. Monitoring and Maintenance
11.2.3. Automobile
11.2.4. Veterinary
11.2.5. Radiology
11.2.6. Other Applications (Firefighting, Personal Vision etc.)
11.3. Rest of World Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
11.3.1. Defense and Military
11.3.2. Industrial Sector
11.3.3. Commercial Sector
11.3.4. Residential Sector
11.4. Rest of World Thermal Imaging Market Revenue, By Country, 2019 – 2029 (US$ Mn)
11.4.1. Latin America
11.4.1.1. Latin America Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
11.4.1.2. Latin America Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
11.4.1.3. Latin America Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)
11.4.2. Middle East & Africa
11.4.2.1. Middle East & Africa Thermal Imaging Market Revenue, By Type, 2019 – 2029 (US$ Mn)
11.4.2.2. Middle East & Africa Thermal Imaging Market Revenue, By Application, 2019 – 2029 (US$ Mn)
11.4.2.3. Middle East & Africa Thermal Imaging Market Revenue, By End User, 2019 – 2029 (US$ Mn)

12. Company Profile

12.1. FLIR System
12.2. BAE Systems Inc.
12.3. Axis Communications AB
12.4. Danaher Corporation
12.5. DRS Technologies Inc.
12.6. Raytheon Company
12.7. L-3 Communications Holdings, Inc.
12.8. Testo AG
12.9. Honeywell International, Inc.
12.10. Fluke Corporation

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