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Thermal Imaging Market by Type (Cameras, Modules, Scopes), Application (Security & Surveillance, Monitoring & Inspection, Detection), Vertical (Aerospace & Defense, Industrial, Healthcare & Life Sciences), and Geography - Global Forecast to 2023

Thermal Imaging Market by Type (Cameras, Modules, Scopes), Application (Security & Surveillance, Monitoring & Inspection, Detection), Vertical (Aerospace & Defense, Industrial, Healthcare & Life Sciences), and Geography - Global Forecast to 2023

Global thermal imaging market to grow at a CAGR of 6.73% between 2018 and 2023
The thermal imaging market was valued at USD 2.72 billion in 2017 and is expected to reach USD 4.04 billion by 2023, at a CAGR of 6.73% during the forecast period. Reduction in the price of thermal imaging products, the increasing adoption of thermal imaging in perimeter security, and penetration in machine vision applications are driving the growth of this market. However, export restrictions and additional detailing required for longwave infrared cameras restrain the growth of the thermal imaging market.

Market for monitoring and inspection application to witness significant growth between 2018 and 2023
The market for the monitoring and inspection application is expected to grow at the highest CAGR owing to the penetration of low-cost and high-quality thermal imaging cameras in home automation, medical, food processing, and ADAS. Moreover, miniaturized camera modules are used by most of the OEMs for their customized solutions, resulting in their increased growth.

Market for healthcare & life sciences vertical to grow at highest CAGR during forecast period
The market for healthcare & life sciences is expected to grow at the highest CAGR during the forecast period. Thermography in the healthcare & life sciences sector provides an accurate, quantifiable, and noncontact diagnostic detection, which is used to visualize and quantify changes in surface temperatures. In this sector, the applications of thermography include vascular evaluation, muscle strain assessment, and bleeding point detection.

Market in APAC to witness considerable growth during forecast period
The thermal imaging market in APAC is expected to grow at the highest CAGR during 2018-2023. A number of OEMs as well as product manufacturers have presence in APAC. Growing demand for thermal imaging is attributed to the increasing demand for security and surveillance in aerospace & defense and commercial sectors.

Breakup of profiles of primary participants:
By Company Type: Tier 1 - 40%, Tier 2 - 35%, and Tier 3 - 25%
By Designation: C-Level Executives - 50%, Directors - 32%, and Others - 18%
By Region: North America - 32%, Europe - 30%, APAC -24%, and RoW - 14%

The report details the competitive landscape for prominent players, including FLIR Systems (US), Fortive (US), Axis Communications (Sweden), Leonardo (Italy), BAE Systems (UK), L3 Technologies (US), United Technologies (US), Sofradir (France), Testo (Germany), Xenics (Belgium), and Seek Thermal (US).

Research Coverage
This research report categorizes the global thermal imaging market on the basis of type, application, vertical, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the market.

Reasons to Buy This Report
The report would help leaders/new entrants in this market in the following ways:
1. This report segments the thermal imaging market comprehensively and provides the closest market size estimation for subsegments across regions.
2. The report would help stakeholders understand the pulse of the market and provide them information on key drivers, restraints, challenges, and opportunities pertaining to the market.
3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, partnerships, expansions, agreements, and collaborations.


  • INTRODUCTION
    • STUDY OBJECTIVES
    • DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THIS STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
      • SECONDARY AND PRIMARY RESEARCH
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THERMAL IMAGING MARKET
    • THERMAL IMAGING MARKET, BY TYPE (2018-2023)
    • THERMAL IMAGING MARKET, BY APPLICATION AND COUNTRY (2018-2023)
    • THERMAL IMAGING MARKET, BY VERTICAL (2018-2023)
    • THERMAL IMAGING MARKET, BY REGION (2018-2023)
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • THERMAL IMAGING MARKET, BY TYPE
    • INTRODUCTION
      • Table THERMAL IMAGING MARKET, BY TYPE, 2015-2023 (USD MILLION)
    • CAMERAS
    • SCOPES
    • MODULES
  • THERMAL IMAGING MARKET, BY APPLICATION
    • INTRODUCTION
      • Table THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • SECURITY & SURVEILLANCE
      • Table THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY REGION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY VERTICAL, 2015-2023 (USD MILLION)
      • PERIMETER SECURITY
        • Table THERMAL IMAGING MARKET FOR PERIMETER SECURITY, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR PERIMETER SECURITY, BY VERTICAL, 2015-2023 (USD MILLION)
      • UNMANNED AERIAL VEHICLE (UAV)
        • Table THERMAL IMAGING MARKET FOR UNMANNED AERIAL VEHICLE, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR UNMANNED AERIAL VEHICLE, BY VERTICAL, 2015-2023 (USD MILLION)
      • TRACKING
        • Table THERMAL IMAGING MARKET FOR TRACKING, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR TRACKING, BY VERTICAL, 2015-2023 (USD MILLION)
    • MONITORING & INSPECTION
      • Table THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY REGION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY VERTICAL, 2015-2023 (USD MILLION)
      • MACHINE CONDITION MONITORING
        • Table THERMAL IMAGING MARKET FOR MACHINE CONDITION MONITORING, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR MACHINE CONDITION MONITORING, BY VERTICAL, 2015-2023 (USD MILLION)
      • STRUCTURAL HEALTH MONITORING
        • Table THERMAL IMAGING MARKET FOR STRUCTURAL HEALTH MONITORING, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR STRUCTURAL HEALTH MONITORING, BY VERTICAL, 2015-2023 (USD MILLION)
      • QUALITY ASSESSMENT
        • Table THERMAL IMAGING MARKET FOR QUALITY ASSESSMENT, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR QUALITY ASSESSMENT, BY VERTICAL, 2015-2023 (USD MILLION)
      • HVAC
        • Table THERMAL IMAGING MARKET FOR HVAC, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR HVAC, BY VERTICAL, 2015-2023 (USD MILLION)
    • DETECTION
      • Table THERMAL IMAGING MARKET FOR DETECTION, BY SUB APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR DETECTION, BY REGION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET FOR DETECTION, BY VERTICAL, 2015-2023 (USD MILLION)
      • GAS DETECTION
        • Table THERMAL IMAGING MARKET FOR GAS DETECTION, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR GAS DETECTION, BY VERTICAL, 2015-2023 (USD MILLION)
      • FIRE/FLARE DETECTION
        • Table THERMAL IMAGING MARKET FOR FIRE/FLARE DETECTION, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR FIRE/FLARE DETECTION, BY VERTICAL, 2015-2023 (USD MILLION)
      • BODY TEMPERATURE MEASUREMENT
        • Table THERMAL IMAGING MARKET FOR BODY TEMPERATURE MEASUREMENT, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR BODY TEMPERATURE MEASUREMENT, BY VERTICAL, 2015-2023 (USD MILLION)
      • LEVEL MEASUREMENT
        • Table THERMAL IMAGING MARKET FOR LEVEL MEASUREMENT, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR LEVEL MEASUREMENT, BY VERTICAL, 2015-2023 (USD MILLION)
      • RESEARCH & DEVELOPMENT
        • Table THERMAL IMAGING MARKET FOR RESEARCH & DEVELOPMENT, BY REGION, 2015-2023 (USD MILLION)
        • Table THERMAL IMAGING MARKET FOR RESEARCH & DEVELOPMENT, BY VERTICAL, 2015-2023 (USD MILLION)
  • THERMAL IMAGING MARKET, BY VERTICAL
    • INTRODUCTION
      • Table THERMAL IMAGING MARKET, BY VERTICAL, 2015-2023 (USD MILLION)
    • INDUSTRIAL
      • Table INDUSTRIAL THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table INDUSTRIAL THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table INDUSTRIAL THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table INDUSTRIAL THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • COMMERCIAL
      • Table COMMERCIAL THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table COMMERCIAL THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table COMMERCIAL THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table COMMERCIAL THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • RESIDENTIAL
      • Table RESIDENTIAL THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table RESIDENTIAL THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • AEROSPACE & DEFENSE
      • Table AEROSPACE & DEFENSE THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table AEROSPACE & DEFENSE THERMAL IMAGING MARKET FOR SECURITY & SURVEILLANCE, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table AEROSPACE & DEFENSE THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table AEROSPACE & DEFENSE THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • AUTOMOTIVE
      • Table AUTOMOTIVE THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
    • HEALTHCARE & LIFE SCIENCES
      • Table HEALTHCARE & LIFE SCIENCES THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table HEALTHCARE & LIFE SCIENCES THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • OIL & GAS
      • Table OIL & GAS THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table OIL & GAS THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
    • FOOD & BEVERAGES
      • Table FOOD & BEVERAGES THERMAL IMAGING MARKET, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table FOOD & BEVERAGES THERMAL IMAGING MARKET FOR MONITORING & INSPECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
      • Table FOOD & BEVERAGES THERMAL IMAGING MARKET FOR DETECTION, BY SUB-APPLICATION, 2015-2023 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table THERMAL IMAGING MARKET, BY REGION, 2015-2023 (USD MILLION)
    • NORTH AMERICA
      • Table THERMAL IMAGING MARKET IN NORTH AMERICA, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET IN NORTH AMERICA, BY COUNTRY, 2015-2023 (USD MILLION)
      • US
      • CANADA
      • MEXICO
    • EUROPE
      • Table THERMAL IMAGING MARKET IN EUROPE, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET IN EUROPE, BY COUNTRY, 2015-2023 (USD MILLION)
      • UK
      • GERMANY
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table THERMAL IMAGING MARKET IN APAC, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET IN APAC, BY COUNTRY, 2015-2023 (USD MILLION)
      • CHINA
      • JAPAN
      • INDIA
      • REST OF APAC
    • REST OF THE WORLD
      • Table THERMAL IMAGING MARKET IN ROW, BY APPLICATION, 2015-2023 (USD MILLION)
      • Table THERMAL IMAGING MARKET IN ROW, BY REGION, 2015-2023 (USD MILLION)
      • MIDDLE EAST AND AFRICA
      • SOUTH AMERICA
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING ANALYSIS (2017)
    • COMPETITIVE SCENARIO
      • PRODUCT LAUNCHES (2015-2017)
      • ACQUISITIONS (2015-2017)
      • PARTNERSHIPS & COLLABORATIONS (2015-2017)
      • CONTRACTS & AGREEMENTS (2015-2017)
  • COMPANY PROFILES
    • KEY PLAYERS
      • FLIR SYSTEMS
      • FORTIVE CORPORATION
      • UNITED TECHNOLOGIES
      • LEONARDO
      • L3 TECHNOLOGIES
      • AXIS COMMUNICATIONS
      • BAE SYSTEMS
      • TESTO SE
      • XENICS
      • SOFRADIR
    • OTHER KEY PLAYERS
      • SEEK THERMAL
      • THERMOTEKNIX SYSTEMS
      • ALLIED VISION
      • OPGAL OPTRONIC INDUSTRIES LIMITED
      • DALI TECHNOLOGY
    • KEY START-UPS
      • COX
      • C-THERMAL
      • CALUMINO
      • TONBO
      • IRCAMERA LLC
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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