서멀 이미징 시장 예측(-2030년) : 유형별, 파장별, 기술별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Thermal Imaging Market is accounted for $3.91 billion in 2023 and is expected to reach $6.78 billion by 2030 growing at a CAGR of 8.18% during the forecast period. Thermal imaging is a technology that detects and captures infrared radiation emitted by objects, converting it into visible images that represent temperature variations. It relies on the principle that all objects emit heat in the form of infrared radiation. Infrared cameras, equipped with specialized sensors, capture this radiation and generate thermal images with varying color gradients to depict temperature variations. Commonly used in diverse fields such as military, medicine, and industrial applications, thermal imaging allows users to identify heat patterns, detect anomalies, and visualize temperature differences, making it a valuable tool for safety, surveillance, and diagnostics.

According to a survey conducted by NATO, in 2021, the United States is estimated to spend 3.52%of its gross domestic product on defense expenditures. This makes them the country with the highest share of GDP spent on the defense budget in 2021.

Market Dynamics:

Driver:

Increasing demand for non-contact temperature

Non-contact temperature measurement trend is primarily fueled by the growing emphasis on contactless monitoring and safety across various industries, such as healthcare, manufacturing, and infrastructure. This is facilitated by thermal imaging technology, allows for quick and accurate assessment of temperature variations without direct physical contact. This has become crucial for applications like fever screening, industrial process control, and building inspections, especially in the context of health and safety protocols. As organizations prioritize non-invasive temperature monitoring solutions, the thermal imaging market experiences heightened demand.

Restraint:

Power consumption

Traditional thermal imaging devices often require substantial energy to operate, limiting their applicability to portable or battery-powered devices. This constraint hinders the development and adoption of thermal imaging technologies in sectors such as consumer electronics, drones, and wearable devices. Addressing power consumption issues is crucial for expanding the market's reach and enabling the integration of thermal imaging capabilities into a broader range of applications, fostering innovation and efficiency in various industries.

Opportunity:

Automotive industry

The automotive industry is witnessing a significant opportunity, as this technology offers enhanced safety and efficiency features. Thermal imaging enables vehicles to detect pedestrians, animals, and other objects in low-visibility conditions, such as darkness or adverse weather. It plays a crucial role in advanced driver assistance systems (ADAS), providing real-time information to help prevent collisions and improve overall road safety. Additionally, thermal imaging aids in vehicle diagnostics, ensuring optimal performance and early detection of potential issues.

Threat:

Public perception

The threat to public perception of the thermal imaging market primarily revolves around privacy concerns. As thermal imaging technology becomes more prevalent in various applications, including surveillance and monitoring, there is a growing fear of potential invasions of personal privacy. Individuals may feel uneasy about being subjected to thermal scans without their consent, raising questions about the ethical implications and boundaries of this technology. Additionally, there's a risk of misuse, leading to public apprehension regarding the potential for surveillance abuses or unauthorized data collection.

Covid-19 Impact:

The COVID-19 pandemic has significantly impacted the thermal imaging market as the technology gained prominence for its non-contact temperature measurement capabilities. With increased emphasis on health and safety measures, thermal imaging solutions have found widespread applications in screening people for elevated body temperatures, a common symptom of the virus. This surge in demand led to substantial growth in the thermal imaging market, particularly in sectors such as healthcare, transportation, and public spaces. The need for accurate and rapid temperature screening fuelled innovations in thermal imaging technology, creating new opportunities for market players.

The thermal cameras segment is expected to be the largest during the forecast period

The thermal cameras segment is experiencing robust growth in the thermal imaging market due to its diverse applications across various industries. The increasing demand for non-contact temperature measurement and monitoring in sectors such as industrial, healthcare, and security is driving the adoption of thermal cameras. These devices offer real-time thermal data, enabling quick detection of anomalies, equipment malfunctions, and potential safety hazards. Additionally, advancements in technology have led to the development of more affordable and compact thermal cameras, expanding their accessibility to a wider range of users.

The automotive segment is expected to have the highest CAGR during the forecast period

The automotive segment has experienced significant growth due to its pivotal role in enhancing vehicle safety and performance. The integration of thermal imaging technology in automotive applications provides advanced driver assistance systems (ADAS) with improved visibility in challenging conditions such as low light, fog, and adverse weather. This has led to increased demand for thermal cameras in vehicles, contributing to the segment's expansion. The rising focus on autonomous vehicles fuels the adoption of thermal imaging for enhanced object detection and pedestrian recognition.

Region with largest share:

The North American region has witnessed substantial growth in the thermal imaging market due to increasing applications across various industries. The heightened demand is attributed to advancements in technology, fostering widespread adoption in sectors such as defense, aerospace, and healthcare. The rising awareness of the benefits of thermal imaging, such as enhanced security measures, preventive maintenance, and efficient surveillance, has fueled market expansion. Furthermore, the region's robust infrastructure development and the continuous innovation of thermal imaging solutions have contributed to the market's accelerated growth.

Region with highest CAGR:

The Asia-Pacific region has experienced significant growth in the thermal imaging market due to increasing adoption across industries. Rising demand for advanced surveillance and security systems, coupled with the expansion of industrial applications, has driven the market's expansion. The region's focus on infrastructure development, particularly in emerging economies, has propelled the use of thermal imaging for preventive maintenance and monitoring. Additionally, technological advancements, cost reductions, and the growing awareness of the benefits of thermal imaging have further fuelled the market's growth in the Asia-Pacific region.

Key players in the market

Some of the key players in Thermal Imaging market include BAE System Plc, Bullard GmbH, Cantronic Systems, Inc., Dali Technology Co., Ltd., Excelitas Technologies Corp., FLIR Systems, Inc., Fluke Corporation, HT Instruments, Leonardo S.p.A., Opgal Optronic Industries Ltd., RTX Corporation, Seek Thermal, Inc., Testo Inc., Thales Group, Thermoteknix Systems Ltd. and Trijicon Inc.

Key Developments:

In January 2024, RTX's Collins Aerospace business has showcased its Enhanced Power and Cooling System (EPACS), achieving 80 kilowatts (kW) of cooling capacity for the F-35. This system is poised to replace the current power and thermal management setup, doubling the aircraft's cooling capability. This breakthrough positions EPACS as a potential replacement for the existing F-35 power and thermal management system (PTMS), offering an advance in cooling capabilities crucial for future upgrades.

In October 2023, Photonic solutions provider Excelitas Technologies Corp. has signed a definitive agreement with Heraeus Group of Hanau, Germany, to acquire the Heraeus Noblelight business, including operations in Germany, the U.K., the U.S., China and Japan, along with several key application centers. The acquisition of Heraeus Noblelight will represent the latest in a series of strategic acquisitions by Excelitas Technologies since its establishment in 2010.

Types Covered:

• Thermal Cameras
• Thermal Modules
• Thermal Scopes
• Other Types

Wavelengths Covered:

• Shortwave Infrared (SWIR)
• Medium Wave Infrared (MWIR)
• Large Wave Infrared (LWIR)

Technologies Covered:

• Cooled
• Uncooled

Applications Covered:

• Detection & Measurement
• Critical Infrastructure
• Security & Surveillance
• Other Applications

End Users Covered:

• Food & Beverages
• Healthcare & Life Sciences
• Commercial
• Oil & Gas
• Automotive
• Industrial
• Aerospace & Defence
• Residential
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Thermal Imaging Market, By Type

• 5.1 Introduction
• 5.2 Thermal Cameras
  • 5.2.1 Fixed Thermal Cameras
  • 5.2.2 Handheld Thermal Cameras
• 5.3 Thermal Modules
• 5.4 Thermal Scopes
• 5.5 Other Types

6 Global Thermal Imaging Market, By Wavelength

• 6.1 Introduction
• 6.2 Shortwave Infrared (SWIR)
• 6.3 Medium Wave Infrared (MWIR)
• 6.4 Large Wave Infrared (LWIR)

7 Global Thermal Imaging Market, By Technology

• 7.1 Introduction
• 7.2 Cooled
• 7.3 Uncooled

8 Global Thermal Imaging Market, By Application

• 8.1 Introduction
• 8.2 Detection & Measurement
• 8.3 Critical Infrastructure
• 8.4 Security & Surveillance
• 8.5 Other Applications

9 Global Thermal Imaging Market, By End User

• 9.1 Introduction
• 9.2 Food & Beverages
• 9.3 Healthcare & Life Sciences
• 9.4 Commercial
• 9.5 Oil & Gas
• 9.6 Automotive
• 9.7 Industrial
• 9.8 Aerospace & Defence
• 9.9 Residential
• 9.10 Other End Users

10 Global Thermal Imaging Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 BAE System Plc
• 12.2 Bullard GmbH
• 12.3 Cantronic Systems, Inc.
• 12.4 Dali Technology Co., Ltd.
• 12.5 Excelitas Technologies Corp.
• 12.6 FLIR Systems, Inc.
• 12.7 Fluke Corporation
• 12.8 HT Instruments
• 12.9 Leonardo S.p.A.
• 12.10 Opgal Optronic Industries Ltd.
• 12.11 RTX Corporation
• 12.12 Seek Thermal, Inc.
• 12.13 Testo Inc.
• 12.14 Thales Group
• 12.15 Thermoteknix Systems Ltd.
• 12.16 Trijicon Inc.