Market Overview:
The global thermal imaging surveying services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for thermal imaging surveying services in military, sea navigation, industry, oil and gas industry, and mining industry applications. The North America region is expected to dominate the global thermal imaging surveying services market during the forecast period owing to the presence of key players in this region and rising demand for these services from various end-use industries.
Product Definition:
Thermal Imaging Surveying Services is the process of identifying and inspecting potential problems with the insulation and energy efficiency of a property. Thermal imaging can identify areas where heat is escaping, which can lead to increased energy bills.
Heat Exchanger Analysis:
The heat exchanger analysis is used to determine the flow of heat between two fluids or a solid and fluid. It is also used in several other applications such as process monitoring, thermal imaging surveying services, fire detection & alarm systems, and industrial robotics. The factors that propel the growth of this market include growing demand for energy-efficient solutions along with increasing government regulations pertaining to environmental issues such as carbon emission reduction.
Rotating Equipment Inspections:
Rotating equipment inspections are used in thermal imaging surveying services to determine the condition of machinery and components. These inspections enable the service provider to deliver high-quality services with reduced time and cost. It is also used for detecting cracks, breaks, wear & tear in rotating parts such as bearings, seals or gaskets which helps detect problems before they occur.
The global market size was valued at USD 1.91 billion in 2016.
Application Insights:
The industry can be segmented into military, sea navigation, industry, oil and gas industry, mining industry and others. The military application is expected to dominate the global thermal imaging surveying services market throughout the forecast period. This is due to increasing investments in defense sector by countries such as China and India which are major producers of seabed minerals.
Industry applications include inspection of exchangers or sediment level mapping for pipelines in oil refineries or petrochemical plants onshore or offshore. Other applications include pipeline inspection at various stages from source to delivery point including pre-commissioning stage for new pipeline projects as well as maintenance activities on existing pipe lines with a view to avoiding potential accidents along with minimizing operational costs & downtime while enhancing asset reliability over the long term perspective.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of prominent players such as Honeywell International Inc.; Yokogawa Corporation; and Emerson Electric Co., in addition to various government initiatives undertaken for developing infrastructure. Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing demand for thermal imaging equipment from several industries, including military, oil and gas industry, mining industry, etc. Rising investments by governments in infrastructural development are also contributing toward regional market expansion.
The European region accounted for a significant revenue share in 2017 owing to increased spending on defense sector coupled with stringent regulations pertaining safety norms implemented by governing bodies such as HSE (Health & Safety Executive) and CSA (Competitive Strategy Office).
Growth Factors:
- Increasing demand for thermal imaging surveys in the construction and infrastructure industries for detecting and preventing potential problems before they become costly and time-consuming to fix.
- Growing use of thermal imaging surveys in the energy sector to detect faults in pipelines, power lines, and other critical infrastructure assets.
- The increasing popularity of thermal imaging surveys among home buyers as a way to identify potential problems with a property before making an offer or signing a lease agreement.
- The growing use of thermal imaging surveys by businesses as a way to improve safety and efficiency by identifying hazardous conditions that could lead to accidents or injuries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Imaging Surveying Services Market Research Report
By Type
Heat Exchanger Analysis, Rotating Equipment Inspections, Eparator Sediment Level Mapping, Others
By Application
Military, Sea Navigation, Industry, Oil and Gas Industry, Mining Industry
By Companies
Ti Thermal Imaging Ltd., Offshore Inspection Group, Red Current Ltd., Infrared Imaging Services LLC, Heat Seeking Thermal Imaging Ltd., ScanTech Offshore Ltd., Pixel Thermographics, Kvasir Group Ltd., Offshore Marine Group
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Imaging Surveying Services Market Report Segments:
The global Thermal Imaging Surveying Services market is segmented on the basis of:
Types
Heat Exchanger Analysis, Rotating Equipment Inspections, Eparator Sediment Level Mapping, 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
Military, Sea Navigation, Industry, Oil and Gas Industry, Mining Industry
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:
- Ti Thermal Imaging Ltd.
- Offshore Inspection Group
- Red Current Ltd.
- Infrared Imaging Services LLC
- Heat Seeking Thermal Imaging Ltd.
- ScanTech Offshore Ltd.
- Pixel Thermographics
- Kvasir Group Ltd.
- Offshore Marine Group
Highlights of The Thermal Imaging Surveying Services 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:
- Heat Exchanger Analysis
- Rotating Equipment Inspections
- Eparator Sediment Level Mapping
- Others
- By Application:
- Military
- Sea Navigation
- Industry
- Oil and Gas Industry
- Mining Industry
- 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 Imaging Surveying Services 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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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 imaging surveying services are a type of land surveying that uses thermal images to identify features on the ground. Thermal imaging can be used to see details in dark areas, which is useful for identifying objects and structures hidden by vegetation or snow. Thermal imaging surveys can also be used to detect changes in temperature over an area, which can help identify potential sources of heat or cold.
Some of the key players operating in the thermal imaging surveying services market are Ti Thermal Imaging Ltd., Offshore Inspection Group, Red Current Ltd., Infrared Imaging Services LLC, Heat Seeking Thermal Imaging Ltd., ScanTech Offshore Ltd., Pixel Thermographics, Kvasir Group Ltd., Offshore Marine Group.
The thermal imaging surveying services market is expected to register a CAGR of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Imaging Surveying Services 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 Imaging Surveying Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Imaging Surveying Services Market - Supply Chain
4.5. Global Thermal Imaging Surveying Services Market Forecast
4.5.1. Thermal Imaging Surveying Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Imaging Surveying Services Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Imaging Surveying Services Market Absolute $ Opportunity
5. Global Thermal Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Type
5.3.1. Heat Exchanger Analysis
5.3.2. Rotating Equipment Inspections
5.3.3. Eparator Sediment Level Mapping
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
6.3.1. Military
6.3.2. Sea Navigation
6.3.3. Industry
6.3.4. Oil and Gas Industry
6.3.5. Mining Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Demand Share Forecast, 2019-2026
9. North America Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
9.4.1. Military
9.4.2. Sea Navigation
9.4.3. Industry
9.4.4. Oil and Gas Industry
9.4.5. Mining Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Imaging Surveying Services Market Size and Volume Forecast by Type
9.7.1. Heat Exchanger Analysis
9.7.2. Rotating Equipment Inspections
9.7.3. Eparator Sediment Level Mapping
9.7.4. Others
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 Imaging Surveying Services Demand Share Forecast, 2019-2026
10. Latin America Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
10.4.1. Military
10.4.2. Sea Navigation
10.4.3. Industry
10.4.4. Oil and Gas Industry
10.4.5. Mining Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Imaging Surveying Services Market Size and Volume Forecast by Type
10.7.1. Heat Exchanger Analysis
10.7.2. Rotating Equipment Inspections
10.7.3. Eparator Sediment Level Mapping
10.7.4. Others
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 Imaging Surveying Services Demand Share Forecast, 2019-2026
11. Europe Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
11.4.1. Military
11.4.2. Sea Navigation
11.4.3. Industry
11.4.4. Oil and Gas Industry
11.4.5. Mining Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermal Imaging Surveying Services Market Size and Volume Forecast by Type
11.7.1. Heat Exchanger Analysis
11.7.2. Rotating Equipment Inspections
11.7.3. Eparator Sediment Level Mapping
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by 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 Imaging Surveying Services Demand Share, 2019-2026
12. Asia Pacific Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
12.4.1. Military
12.4.2. Sea Navigation
12.4.3. Industry
12.4.4. Oil and Gas Industry
12.4.5. Mining Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Imaging Surveying Services Market Size and Volume Forecast by Type
12.7.1. Heat Exchanger Analysis
12.7.2. Rotating Equipment Inspections
12.7.3. Eparator Sediment Level Mapping
12.7.4. Others
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 Imaging Surveying Services Demand Share, 2019-2026
13. Middle East & Africa Thermal Imaging Surveying Services 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 Imaging Surveying Services 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 Imaging Surveying Services Market Size and Volume Forecast by Application
13.4.1. Military
13.4.2. Sea Navigation
13.4.3. Industry
13.4.4. Oil and Gas Industry
13.4.5. Mining Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Imaging Surveying Services Market Size and Volume Forecast by Type
13.7.1. Heat Exchanger Analysis
13.7.2. Rotating Equipment Inspections
13.7.3. Eparator Sediment Level Mapping
13.7.4. Others
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 Imaging Surveying Services Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Imaging Surveying Services Market: Market Share Analysis
14.2. Thermal Imaging Surveying Services Distributors and Customers
14.3. Thermal Imaging Surveying Services Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ti Thermal Imaging Ltd.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Offshore Inspection Group
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Red Current Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Infrared Imaging Services LLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Heat Seeking Thermal Imaging Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ScanTech Offshore Ltd.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Pixel Thermographics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kvasir Group Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Offshore Marine Group
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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