The report gives inside and industry outlook on Global thermal imaging market. it helps in imagining the arrangement of the global thermal imaging market complete analysis regarding type and applications, featuring the key business resources and key players. Global thermal imaging market development divisions and distinguishes factors driving change. This research helps in understanding the dynamic condition, market’s significant players, and driving brands. The global thermal imaging market five-year period can evaluate how the market is forecast to evolve. This analysis gives an examination of various segments that are relied upon to witness the quickest development amid the estimate forecast frame. Recognize the most recent global thermal imaging market improvements, share, and systems utilized by the significant market.
Global Thermal Imaging Market accounted for USD 2.54 billion in 2017 and is projected to grow at a CAGR of 6.90% during the forecast period of 2018 to 2025.
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Major Market Competitors: Global Thermal Imaging Market
Some of the major players in global thermal imaging market are
- L3 Technologies,
- Fortive Corporation,
- Bae Systems,
- Flir Systems,
- Allied Vision,
- Dali Technology,
- United Technologies,
- Axis Communications,
- Testo SE,
- Thermoteknix Systems,
- Seek Thermal and
- Opgal Optronic Industries Limited among others.
Major Market Drivers:
- Price reduction of thermal imaging products
- Reduction of camera cores with respect to enter new application areas
- Dispersion in machine vision based applications
- Growing adoption of thermal imaging in perimeter security
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Market Segmentation: Global Thermal Imaging Market
The global thermal imaging market is Segmented based on
- Industry and
- Geographical segments.
Based on type, the market is segmented into
- Modules And
Based on Geography, the market report covers data points for 28 countries across multiple geographies such as:-
- North America,
- South America,
- Asia-Pacific and
- Middle East & Africa.
On the basis of Application, the market is segmented into detection, security and surveillance, monitoring and inspection. Detection is sub segmented into gas detection, body temperature measurement, research and development, fire or flare detection and level measurement. Security and surveillance is sub segmented into tracking, perimeter security and unmanned aerial vehicle (UAV). Monitoring and inspection is sub segmented into quality assessment, machine condition monitoring, heating, ventilation, and air conditioning (HVAC) and structural health monitoring.
On the Basis Of Industry, the market is segmented into:-
- Aerospace And Defense,
- Oil And Gas,
- Food And Beverages,
- Healthcare and
- Life Sciences.
Competitive Landscape: Global Thermal Imaging Market
The global thermal imaging market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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