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Thermal Imaging Cameras Market Revenue Opportunities and Analysis with Key Manufacturers- L3 Technologies, Inc., BAE Systems, Fortive, FLIR Systems, Inc.


Thermal Imaging Cameras Market Revenue Opportunities and Analysis with Key Manufacturers- L3 Technologies, Inc., BAE Systems, Fortive, FLIR Systems, Inc.

Global Thermal Imaging Cameras MarketPress Release

Global Thermal Imaging Cameras Market Component (Hardware, Software, Services), Application (Surveillance, Threat Detection, Surveys, Predictive Maintenance, Radiology, Intelligent Transportation Systems, Commercial and Residential Security, Personal Vision, Firefighting, Research and Development, Automotive, Veterinary), Component, Network Connectivity, End-User (Military and Defense, Industrial, Commercial, and Residential), Geography – Industry Trends and Forecast to 2024

Global Thermal Imaging Cameras Market accounted to USD 7.85 billion growing at a CAGR of 6.0% during the forecast to 2024.

Increased adoption in machine vision-based applications across the industrial segment and demand for enhanced perimeter security across residential applications will further fuel the thermal imaging market demand. However, the high cost of devices such as cooled cameras, which offer better resolution and export restrictions imposed on the sale of thermal images outside the U.S. due to concerns over the misuse for terrorist activities may hinder the thermal imaging market growth. 

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Thermal imaging technology helps people in detecting the people and objects in very dark and in more diverse conditions. The thermal imaging systems utilize the latest technology for detecting the heat. These systems are dependable in areas wherever critical temperature occurs. These systems are compact and expresses like a normal digital camera providing an ease in the generation of real time high resolution image. 

Target Audience

Companies in the thermal imaging market

Electronics and semiconductor companies

Technical standards organizations

Investment communities in the market

Research institutes and organizations

Government and financial institutions

Venture capitalists

Private equity firms

Analysts and strategic business planners 

The major players are: –

Honeywell International, Inc., Testo SE & Co. KGaA, Axis Communications AB, Leonardo DRS, L3 Technologies, Inc., BAE Systems, Fortive, FLIR Systems, Inc., Sofradir Group, Danaher, Drs Technologies, Raytheon, Bullard, Thermoteknix Systems Ltd, Siemens AG, General Electric, Sensirion AG, NXP Semiconductors, Atmel Corporation, STMicroelectronics, Infineon Technologies AG, TE Connectivity, Analog Devices, Inc., Renesas Electronics Corporation, Yokogawa Electric Corporation, Schneider Electric, Oceana Sensor among others who are leading the Thermal Imaging Cameras market throughout the Globe are also covered in the report.

The Global Thermal Imaging Cameras Market research report provides complete estimation of CAGR of the concerned period in percentages which will guide the users to take choice-based decisions over the predicted chart.

Crucial Features of Global Thermal Imaging Camera Market Report:

The analysis of major competitors, makers, suppliers, distributors within the global Thermal Imaging Camera market along with leading competitor’s product specification, important financial details, company profiles, and making business strategies.

The essential analysis of market segmentation supported product/service types, applications, regions, and technology.

Valuable insights into import/export activities, demand and supply analysis, Thermal Imaging Camera market share, size, rate, profit, revenue, CAGR, and different essential details.

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Competitive Analysis:

The Global Thermal Imaging Cameras Market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of thermal imaging cameras market for global, Europe, North America, Asia Pacific and South America. 

Table of Contents

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global, By Component
  7. Product Type
  8. Delivery
  9. Industry Type
  10. Geography

10.1. Overview

10.2. North America

10.3. Europe

10.4. Asia-Pacific

10.5. South America

10.6. Middle East & Africa

  1. Company Landscape
  2. Company Profiles
  3. Related Reports

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Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in Thermal Imaging Market

4.2 Thermal Imaging Market, By Type

4.3 Thermal Imaging Market, By Application and Country

4.4 Thermal Imaging Market, By Vertical

4.5 Thermal Imaging Market, By Region

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers Reduction in Price of Thermal Imaging Products Increasing Adoption of Thermal Imaging in Perimeter Security Penetration in Machine Vision-Based Applications

5.2.2 Restraints Export Restrictions Longwave Infrared Cameras Require Additional Cameras for Better Detailing

5.2.3 Opportunities Thermal Imaging Technology in Adas Miniaturization of Camera Cores to Penetrate New Application Areas

5.2.4 Challenges Lack of Awareness About Benefits of Thermographic Inspection

6 Thermal Imaging Market, By Type

6.1 Introduction

6.2 Cameras

6.3 Scopes

6.4 Modules

7 Thermal Imaging Market, By Application

7.1 Introduction

7.2 Security & Surveillance

7.2.1 Perimeter Security

7.2.2 Unmanned Aerial Vehicle (UAV)

7.2.3 Tracking

7.3 Monitoring & Inspection

7.3.1 Machine Condition Monitoring

7.3.2 Structural Health Monitoring

7.3.3 Quality Assessment

7.3.4 Hvac

7.4 Detection

7.4.1 Gas Detection

7.4.2 Fire/Flare Detection

7.4.3 Body Temperature Measurement

7.4.4 Level Measurement

7.4.5 Research & Development

8 Thermal Imaging Market, By Vertical

8.1 Introduction

8.2 Industrial

8.3 Commercial

8.4 Residential

8.5 Aerospace & Defense

8.6 Automotive

8.7 Healthcare & Life Sciences

8.8 Oil & Gas

8.9 Food & Beverages

9 Geographic Analysis

10 Competitive Landscape

10.1 Introduction

10.2 Market Ranking Analysis

10.3 Competitive Scenario

10.3.1 Product Launches

10.3.2 Acquisitions

10.3.3 Partnerships & Collaborations

10.3.4 Contracts & Agreements

11 Company Profiles

Flir Systems

Fortive Corporation

United Technologies


L3 Technologies

Axis Communications

Bae Systems

Testo SE



Seek Thermal

Thermoteknix Systems

Allied Vision

Opgal Optronic Industries Limited

Dali Technology





Ircamera LLC

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Major Market Drivers and Restraints:

Growing Demand for Thermal Cameras in Smartphones

Deteriorating Prices of Thermal Cameras

Increasing Demand for Thermal Imaging Cameras in All Commercial Applications

Availability of Alternate Technologies

Emergence of Integrated Solutions

Increasing Demand of Thermal Imaging Services

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