Thermal Imaging market

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Thermal Imaging Market Report-Forecast 2023
Thermal Imaging Market Report- Forecast
2023
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Market Research Future.
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Thermal Imaging Market Report- Forecast 2023
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Thermal Imaging Market Report- Forecast
2023 Summary Thermal imaging is a technique of
improving visibility and clarity of objects in a
dark environment by detecting them using
infrared radiation and creating an image based on
that information. Thermal Imaging Market can
penetrate obscurants such as smoke, fog, and
haze and can work in environments without any
ambient light. With the help of thermal imaging,
companies can reduce their downtime as they no
longer have to shut down their operational
systems even during thermal energy audit.
Furthermore, this is non-invasive technique and
involves zero physical contact. Thus, there is no
damage caused to the devices subjected to
thermal surveys. Thermal imaging is used in
industrial, residential, commercial and military
defense applications to monitor critical
manufacturing processes and detect hot spots in
mechanical or electrical installation in
industries. Commercial applications consist of
building diagnosis and airport security.
Furthermore, it is also used in numerous
security applications. The residential sector is
expected to witness substantial growth owing to
the availability of low-cost devices and high
market penetration. Thermal imaging helps in
detecting moisture in walls, ceiling, roofs,
plumbing leaks and blockages. Players like FLIR
Systems, Bae Systems, L-3 Communications
contributes to the major share in the thermal
imaging market. However, new startups like Bounce
Imaging are challenging the existing players
with their innovative product portfolio.
Companies such as FLIR Systems and Vummi have
introduced smartphones with thermal imaging
capability. BAE Systems OASYS thermal imaging
product uses the latest uncooled thermal
technology to deliver thermal imaging and aiming
products for the most discerning operators.
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• Thermal Imaging Market Report- Forecast 2023
• Major Key Players
• The prominent players in the market of thermal
  imaging are
• 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)
• Seek Thermal (US).

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Thermal Imaging Market Report- Forecast
2023 Segmentation By type, the market is
segmented into cameras, modules, and scopes. By
application, the market is segmented into
security surveillance, monitoring
inspection, and detection. Security
surveillance segment is further bifurcated into
perimeter security, unmanned aerial vehicle (UAV)
and tracking. Monitoring inspection segment is
further bifurcated into machine condition
monitoring, structural health monitoring,
quality assessment and HVAC. Detection segment is
further segmented into gas detection, fire/flare
detection, body temperature measurement, level
measurement, and research development. By
vertical, the market is segmented into
industrial, commercial, residential, aerospace
defense, automotive, healthcare life sciences,
oil gas and food beverages.
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Thermal Imaging Market Report- Forecast
2023 Regional Analysis The global market for
thermal imaging is estimated to grow at a
significant rate during the forecast period from
2018 to 2023. The geographical analysis of
thermal imaging market is studied for North
America, Europe, Asia-Pacific, and the rest of
the world. North America is expected to dominate
the thermal imaging market due to the presence of
thermal imaging product manufacturers and RD
centers. The main factor driving the thermal
imaging market in this region is high demand for
thermal imaging devices across several law
enforcement activities as well as in the
commercial and industrial sectors. In Europe,
rising demand in surveillance security
applications, and gradual decrease of cost for
thermal cameras is expected to fuel the growth of
this market in this region. Asia-Pacific is
estimated to hold the largest market size owing
high demand for thermal imaging due to
increasing deployment of thermal imaging
technology in various military applications. The
rising awareness of the thermal imaging
applications areas other than security
surveillance, such as detection, monitoring, and
inspection is offering additional growth
opportunities for industry players, particularly
in markets with a high industrial demand such as
China, India, Middle East, and South America.
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Thermal Imaging Market Report- Forecast 2023
q (Germany) are focusing on the digital utilities
transformation.