Market Overview:
The global thermal imagers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thermal imagers in military and defense, automotive, smart home, and medical applications. Additionally, the growing demand for thermal imagers in other applications is also contributing to the growth of this market. The global thermal imager market by type is segmented into VOx-based and a-Si-based thermal imagers.
Product Definition:
A thermal imager is a device that detects the amount of heat given off by an object. Thermal imagers are often used by firefighters, police officers, and military personnel to find people or objects in darkness or smoke. Thermal imagers can also be used to identify problems with electrical equipment.
VOx:
VOx is a diagnostic imaging technique that utilizes x-ray to obtain detailed images of body parts. VOx can also be used for non-invasive monitoring of the heart, lungs and other internal organs. The technology has been around for quite some time but its application in thermal imagers was limited until recently when it started gaining popularity due to its high efficiency in providing clear images with low radiation dosage.
The VOx market is still at an early stage.
a-Si:
A-Si is short for Aluminum Silicide. It is a compound of aluminum and silicon, with the formula 3Al2Si0.3H2O. A-Si has approximately 30% more heat capacity than pure aluminum and can absorb twice as much heat as compared to glass at a given temperature difference.
Application Insights:
The military and defense application segment accounted for the largest revenue share in 2017. The segment is projected to witness significant growth over the forecast period owing to rising demand for thermal imagers from surveillance, target acquisition and reconnaissance applications. Furthermore, technological advancements coupled with growing adoption of thermal imaging cameras by armed forces are expected to drive growth during the forecast period.
The automotive sector is also anticipated to witness considerable growth over the coming years due largely to increasing demand for advanced products with enhanced performance characteristics that aid in providing drivers with critical information regarding vehicle conditions such as tire inflation, oil temperature and battery charge level at a glance through a display unit installed on dashboards or windshields. Such factors are likely drive product demand in automotive applications over the next eight years or so.
Regional Analysis:
The North American regional market accounted for the largest revenue share in 2017. The growth is attributed to the increasing demand for thermal imaging devices from military and defense, oil and gas, mining, and automotive industries. The U.S., being a major consumer of these products across the globe, has a strong presence in this region as well.
The Asia Pacific regional market is expected to witness significant growth over the forecast period owing to rising investments by prominent players in countries such as China and India on account of growing industrialization along with advancements in technology coupled with low production costs associated with these devices compared to their counterparts manufactured using photovoltaic materials (i-Si). Moreover, favorable government regulations pertaining to installation of thermal imaging equipment are also anticipated favorably impact industry growth over the next eight years.
Growth Factors:
- Increasing demand for thermal imagers in the security and surveillance sector as they offer better visibility in low-light and dark conditions.
- Growing demand for thermal imagers from the medical sector as they are used to detect abnormalities and diagnose diseases at an early stage.
- Rising adoption of thermal imagers in the industrial sector due to their ability to detect faults and problems with equipment at an early stage, thus reducing downtime and improving efficiency.
- Increasing use of thermal imagers in research institutes for studying plant physiology, animal behavior, etc., during different seasons/conditions under natural light or darkness conditions.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Imagers Market Research Report
By Type
VOx, a-Si
By Application
Military and Defense, Automotive, Smart Home, Medicine, Other
By Companies
FILR System, L-3, Fluke, ULIS, MSA, NEC, ISG, Bullard, Kollsman, Teledyne
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Imagers Market Report Segments:
The global Thermal Imagers market is segmented on the basis of:
Types
VOx, a-Si
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
Military and Defense, Automotive, Smart Home, Medicine, Other
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:
- FILR System
- L-3
- Fluke
- ULIS
- MSA
- NEC
- ISG
- Bullard
- Kollsman
- Teledyne
Highlights of The Thermal Imagers 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:
- VOx
- a-Si
- By Application:
- Military and Defense
- Automotive
- Smart Home
- Medicine
- Other
- 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 Thermal Imagers 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?
Thermal imagers are devices that measure the temperature of an object. They can be used to determine the temperature of a surface, or the temperature inside an object. Thermal imagers are also used in industrial applications, such as quality control and manufacturing.
Some of the major players in the thermal imagers market are FILR System, L-3, Fluke, ULIS, MSA, NEC, ISG, Bullard, Kollsman, Teledyne.
The thermal imagers market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Imagers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Imagers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Imagers Market - Supply Chain
4.5. Global Thermal Imagers Market Forecast
4.5.1. Thermal Imagers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Imagers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Imagers Market Absolute $ Opportunity
5. Global Thermal Imagers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Imagers Market Size and Volume Forecast by Type
5.3.1. VOx
5.3.2. a-Si
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Imagers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Imagers Market Size and Volume Forecast by Application
6.3.1. Military and Defense
6.3.2. Automotive
6.3.3. Smart Home
6.3.4. Medicine
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Imagers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Imagers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Imagers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Imagers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Imagers Demand Share Forecast, 2019-2026
9. North America Thermal Imagers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Imagers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Imagers Market Size and Volume Forecast by Application
9.4.1. Military and Defense
9.4.2. Automotive
9.4.3. Smart Home
9.4.4. Medicine
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Imagers Market Size and Volume Forecast by Type
9.7.1. VOx
9.7.2. a-Si
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Imagers Demand Share Forecast, 2019-2026
10. Latin America Thermal Imagers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Imagers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Imagers Market Size and Volume Forecast by Application
10.4.1. Military and Defense
10.4.2. Automotive
10.4.3. Smart Home
10.4.4. Medicine
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Imagers Market Size and Volume Forecast by Type
10.7.1. VOx
10.7.2. a-Si
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Imagers Demand Share Forecast, 2019-2026
11. Europe Thermal Imagers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Imagers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Imagers Market Size and Volume Forecast by Application
11.4.1. Military and Defense
11.4.2. Automotive
11.4.3. Smart Home
11.4.4. Medicine
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Imagers Market Size and Volume Forecast by Type
11.7.1. VOx
11.7.2. a-Si
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections b Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Imagers Demand Share, 2019-2026
12. Asia Pacific Thermal Imagers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Imagers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Imagers Market Size and Volume Forecast by Application
12.4.1. Military and Defense
12.4.2. Automotive
12.4.3. Smart Home
12.4.4. Medicine
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Imagers Market Size and Volume Forecast by Type
12.7.1. VOx
12.7.2. a-Si
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Imagers Demand Share, 2019-2026
13. Middle East & Africa Thermal Imagers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Imagers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Imagers Market Size and Volume Forecast by Application
13.4.1. Military and Defense
13.4.2. Automotive
13.4.3. Smart Home
13.4.4. Medicine
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Imagers Market Size and Volume Forecast by Type
13.7.1. VOx
13.7.2. a-Si
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Imagers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Imagers Market: Market Share Analysis
14.2. Thermal Imagers Distributors and Customers
14.3. Thermal Imagers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. FILR System
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. L-3
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fluke
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ULIS
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MSA
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NEC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. ISG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bullard
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kollsman
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Teledyne
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook