Global Infrared Thermography Market 2016-2020

About the Infrared (IR) Thermography Market

IR thermography uses IR band of electromagnetic radiations to detect and analyze the temperature of an object, device, or material (living or non-living) and display the temperature distribution on a display screen. IR thermography works on the principle of detecting electromagnetic radiations falling under IR spectrum.

Technavio’s analysts forecast the global infrared thermography market to grow at a CAGR of 10.4% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global infrared thermography market for 2016-2020. For market sizing, the report includes IR thermography equipment both handheld and portable, as well as stationary thermography camera modules like thermal cameras, spot thermal cameras, security cameras, voyagers, thermal monocular, thermal rifle scopes, thermal binocular, and all other cameras working on short wavelength infrared (SWIR), mid wavelength infrared (MWIR) and long wavelength infrared (LWIR) detectors, both cooled and uncooled.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Infrared (IR) Thermography Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ATN
  • BAE Systems
  • DRS Technologies
  • EO Tech
  • Honeywell
  • FLIR
  • Fluke
  • Jenoptik
  • L-3 Communications
  • Nippon Avionics
  • Rockwell Collins
  • Raytheon
  • Sofradir
  • Seek Thermal
  • Testo
  • Thermoteknix
  • Ulir Vision
Market driver
  • Development of crystal growth techniques
  • For a full, detailed list, view our report
Market challenge
  • Lack of awareness about product and technology
  • For a full, detailed list, view our report
Market trend
  • Continuous investment in military upgradation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Infrared (IR) Thermography Market 2016-2020

Technavio recognizes the following companies as the key players in the global infrared (IR) thermography market: ATN, BAE Systems, DRS Technologies, EO Tech, Honeywell, FLIR, Fluke, Jenoptik, L-3 Communications, Nippon Avionics, Rockwell Collins, Raytheon, Sofradir, Seek Thermal, Testo, Thermoteknix, and Ulir Vision.

Commenting on the report, an analyst from Technavio’s team said: “A trend that will boost market growth is the continuous investment in military upgradation. The global IR thermography market was at its growth stage post the second world war, as many countries like USA, Russia, Canada and other leading countries wanted to deploy this technology in their military systems. The budget for military expenses experienced growth from 1996 to 2011. Since 2012, countries have started to cut down their military expenses. In 2014, the worldwide military expenses were $1,775 billion. However, the procurement expenses in many countries have increased.”

According to the report, a key growth driver is the development of crystal growth techniques. IR thermography used in military applications has to operate in a wide band ranging from SWIR to VLWIR (0.3 to 30 microns). Also, low cost and high performance detectors are required for commercial applications. As a result, manufacturers with in-house manufacturing facility are focusing on the development of crystal growth technologies, where large diameter wafers are being produced with low defect densities. Bulk crystal growth, metal-organic chemical vapor deposition (MOCVD), liquid phase epitaxy (LPE), and molecular beam epitaxy (MBE) are key crystal growth techniques being employed. With these techniques, vendors are able to manufacture low-cost IR detectors like bolometer (micro bolometer array), mercury-cadmium-tellurium (MCT) arrays, and various other band gap devices based on III-V compound semiconductors.

Further, the report states that one challenge that could hamper market growth is the lack of awareness about the product and its underlying technology. As vendors are looking for new markets to improve their bottom line, a number of companies such as FLIR, Fluke, and Nippon Avionics are focusing on product development to target the commercial and industrial application segment. However, lack of awareness and understanding about the product and technology hampers the development.



Companies Mentioned

ATN, BAE Systems, DRS Technologies, EO Tech, Honeywell, FLIR, Fluke, Jenoptik, L-3 Communications, Nippon Avionics, Rockwell Collins, Raytheon, Sofradir, Seek Thermal, Testo, Thermoteknix, Ulir Vision.

  • Executive summary
    • Highlights
  • Scope of the report
    • Base year
    • Market coverage
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Types of IR detector
      • Table Cooled and uncooled IR detectors used in IR thermography
    • Advantages of IR thermography in commercial and industrial applications
      • Table Advantages of using IR thermal imaging
  • Technology landscape
    • IR thermography detection mechanism
      • Table IR thermography detection mechanism
      • Table IR thermography based on IR spectrum
      • Table Detector properties
  • Market landscape
    • Market overview
      • Table Global IR thermography market
    • Market size and forecast by revenue
      • Table Global IR thermography market 2016-2020 ($ billions)
    • Market size and forecast by volume
      • Table Global IR thermography market 2016-2020 (millions of units)
    • ASP of IR thermography
      • Table ASP trend of IR thermography for defense and commercial and industrial applications ($)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global IR thermography market 2016-2020
      • Table Global IR thermography market 2016-2020 ($ billions)
    • Commercial and industrial applications
      • Table Global IR thermography market for commercial and industrial applications 2015-2020 ($ billions)
      • Table Market share of IR thermography in commercial and industrial applications 2015
      • Table Market share of IR thermography in commercial and industrial applications 2020
    • IR thermography for defense systems
      • Table Global IR thermography market for defense systems 2015-2020 ($ billions)
      • Table Global defense procurement market as % of global defense budget (2015)
  • Geographical segmentation
    • Table Global IR thermography market by geography 2015-2020
    • Table Global IR thermography market by geography 2015-2020 ($ billions)
    • IR thermography market in Americas
      • Table IR thermography market in Americas 2015-2020 ($ billions)
    • IR thermography market in EMEA
      • Table IR thermography market in EMEA 2015-2020 ($ billions)
    • IR thermography market in APAC
      • Table IR thermography market in APAC 2015-2020 ($ billions)
  • Market drivers
    • Development of crystal growth techniques
    • Improvement in topologies for photon absorption
    • Evolution of IR FPAs
      • Table Material used for IR sensing and generation of detectors
      • Table DROIC specifications
    • Advances in camera module technologies
    • Increase in government initiatives
      • Table Program characteristics of WAP USA
      • Table US DOE budget allocation ($ thousands)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • High cost to company
    • Lack of awareness about product and technology
    • Limitation in device capabilities
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing market for small SWaPC
    • Continuous investment in military upgradation
      • Table US budget and procurement expense ($ millions)
      • Table Annual defense budget for military spending 2015 ($ billions)
    • Growing demand for thermography software
    • Vertical integration in supply chain
    • IR thermography for social cause
  • Vendor landscape
    • Competitive landscape
      • Table Comparison of microbolometer with TLV
  • Vendor analysis
    • ATN
    • BAE Systems
    • DRS Technologies
    • EOTech
    • Honeywell
    • FLIR
    • Fluke
    • Jenoptik
    • L-3 Communications
    • Nippon Avionics
    • Rockwell Collins
    • Raytheon
    • Sofradir
    • Seek Thermal
    • Testo
    • Thermoteknix
    • Ulir Vision
  • Summary of key figures
    • Table Summary of key figures
  • Appendix
    • List of abbreviation
  • Explore Technavio

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