Market Overview:
The global industrial infrared thermal imager market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for infrared thermal imagers from various end-use industries, such as power electronics, metallurgy, petrifaction, machinery manufacturing and automobile. Additionally, the growing demand for online type infrared thermal imagers is also contributing to the growth of this market. However, factors such as high cost of infrared thermal imagers and lack of awareness about these devices are restraining the growth of this market. Based on type, handheld IR thermometers held a dominant share in 2017 and are expected to continue its dominance during the forecast period from 2018 to 2030. This can be attributed to their low cost and easy operability as compared with other types of IR thermometers available in the market.
Product Definition:
An industrial infrared thermal imager is a device used to detect and measure heat radiation. This type of imager is often used in industrial settings to help identify problems with machinery or processes. The importance of industrial infrared thermal imagers lies in their ability to help identify potential problems before they become serious issues.
Handheld:
Handheld infrared thermal imagers are used for non-contact temperature measurement in industrial applications. They provide high accuracy, reliability and cost effectiveness as compared to other conventional systems available in the market.
Infrared thermal imagers have a wide range of application areas including automotive, aerospace & defense, power & energy industries and research institutes among others.
Online Type:
Online type is a new term in the industrial infrared thermal imagers market and it means that the temperature sensing element of an IR camera is located on the device itself, instead of being mounted on some other object. Online type IR cameras have many advantages over their counterparts, which include compact size and low cost.
Application Insights:
The power electronics application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. Infrared cameras are widely used in power generation plants, coal-fired stations, oil refineries and other industrial facilities where heat generated may cause damage to assets or people if allowed to escape into the environment. The Metallurgy application segment is also expected to witness significant growth owing largely due to its applications including foundry, smelting plants and steel mills among others which require inspection of large areas for ensuring safety during operations. Infrared imaging offers real-time visualization that helps operators avoid human errors during processes such as material handling, process monitoring & control leading to improved productivity at plant sites globally.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for industrial equipment and tools in countries, such as China, Japan, India, South Korea. Infrared imaging technology has been witnessing a significant adoption rate across several industries including automotive manufacturing & maintenance; metal processing & forging; power electronics manufacturing; others.
The North America regional market captured a revenue share of over 15% in 2017 owing to increasing R&D investments by government organizations along with private companies toward the development of innovative thermal imaging devices for use across various industrial applications. Moreover, growing penetration rates of handheld IR cameras are also expected to drive regional market growth during the forecast period from 2018 to 2030 (estimated CAGR 8% during same).
Growth Factors:
- Increasing demand for thermal imaging in industrial and commercial applications
- Growing awareness about the benefits of infrared thermal imaging
- Technological advancements in infrared technology
- Rising demand for thermography services for predictive maintenance and quality control purposes
- Growing adoption of infrared thermal imagers in safety and security applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Infrared Thermal Imager Market Research Report
By Type
Handheld, Online Type, Others
By Application
Power Electronics, Metallurgy, Petrifaction, Machinery Manufacturing, Automobile, Others
By Companies
Testo, Fluke, Extech Instruments, Teledyne FLIR, Omega Engineering, RS Components, Guangzhou SAT Infrared Technology Co, TOPRIE, Zhejiang Dali Technology Co, HIKMICRO, InfiRay, EverExceed Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Infrared Thermal Imager Market Report Segments:
The global Industrial Infrared Thermal Imager market is segmented on the basis of:
Types
Handheld, Online Type, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Power Electronics, Metallurgy, Petrifaction, Machinery Manufacturing, Automobile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Testo
- Fluke
- Extech Instruments
- Teledyne FLIR
- Omega Engineering
- RS Components
- Guangzhou SAT Infrared Technology Co
- TOPRIE
- Zhejiang Dali Technology Co
- HIKMICRO
- InfiRay
- EverExceed Corporation
Highlights of The Industrial Infrared Thermal Imager Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld
- Online Type
- Others
- By Application:
- Power Electronics
- Metallurgy
- Petrifaction
- Machinery Manufacturing
- Automobile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Infrared Thermal Imager Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An industrial infrared thermal imager is a device that uses infrared radiation to image objects. This type of imaging can be used in a variety of industries, including manufacturing, construction, and agriculture.
Some of the major players in the industrial infrared thermal imager market are Testo, Fluke, Extech Instruments, Teledyne FLIR, Omega Engineering, RS Components, Guangzhou SAT Infrared Technology Co, TOPRIE, Zhejiang Dali Technology Co, HIKMICRO, InfiRay, EverExceed Corporation.
The industrial infrared thermal imager market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Infrared Thermal Imager Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Infrared Thermal Imager Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Infrared Thermal Imager Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Infrared Thermal Imager Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Infrared Thermal Imager Market Size & Forecast, 2018-2028
4.5.1 Industrial Infrared Thermal Imager Market Size and Y-o-Y Growth
4.5.2 Industrial Infrared Thermal Imager Market Absolute $ Opportunity
Chapter 5 Global Industrial Infrared Thermal Imager Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Infrared Thermal Imager Market Size Forecast by Type
5.2.1 Handheld
5.2.2 Online Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Infrared Thermal Imager Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Infrared Thermal Imager Market Size Forecast by Applications
6.2.1 Power Electronics
6.2.2 Metallurgy
6.2.3 Petrifaction
6.2.4 Machinery Manufacturing
6.2.5 Automobile
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Infrared Thermal Imager Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Infrared Thermal Imager Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Infrared Thermal Imager Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Infrared Thermal Imager Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Infrared Thermal Imager Market Size Forecast by Type
9.6.1 Handheld
9.6.2 Online Type
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Infrared Thermal Imager Market Size Forecast by Applications
9.10.1 Power Electronics
9.10.2 Metallurgy
9.10.3 Petrifaction
9.10.4 Machinery Manufacturing
9.10.5 Automobile
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Infrared Thermal Imager Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Infrared Thermal Imager Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Infrared Thermal Imager Market Size Forecast by Type
10.6.1 Handheld
10.6.2 Online Type
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Infrared Thermal Imager Market Size Forecast by Applications
10.10.1 Power Electronics
10.10.2 Metallurgy
10.10.3 Petrifaction
10.10.4 Machinery Manufacturing
10.10.5 Automobile
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Infrared Thermal Imager Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Infrared Thermal Imager Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Infrared Thermal Imager Market Size Forecast by Type
11.6.1 Handheld
11.6.2 Online Type
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Infrared Thermal Imager Market Size Forecast by Applications
11.10.1 Power Electronics
11.10.2 Metallurgy
11.10.3 Petrifaction
11.10.4 Machinery Manufacturing
11.10.5 Automobile
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Infrared Thermal Imager Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Infrared Thermal Imager Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Infrared Thermal Imager Market Size Forecast by Type
12.6.1 Handheld
12.6.2 Online Type
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Infrared Thermal Imager Market Size Forecast by Applications
12.10.1 Power Electronics
12.10.2 Metallurgy
12.10.3 Petrifaction
12.10.4 Machinery Manufacturing
12.10.5 Automobile
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Infrared Thermal Imager Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Infrared Thermal Imager Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Infrared Thermal Imager Market Size Forecast by Type
13.6.1 Handheld
13.6.2 Online Type
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Infrared Thermal Imager Market Size Forecast by Applications
13.10.1 Power Electronics
13.10.2 Metallurgy
13.10.3 Petrifaction
13.10.4 Machinery Manufacturing
13.10.5 Automobile
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Infrared Thermal Imager Market: Competitive Dashboard
14.2 Global Industrial Infrared Thermal Imager Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Testo
14.3.2 Fluke
14.3.3 Extech Instruments
14.3.4 Teledyne FLIR
14.3.5 Omega Engineering
14.3.6 RS Components
14.3.7 Guangzhou SAT Infrared Technology Co
14.3.8 TOPRIE
14.3.9 Zhejiang Dali Technology Co
14.3.10 HIKMICRO
14.3.11 InfiRay
14.3.12 EverExceed Corporation
