DUBLIN--(BUSINESS WIRE)--The "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" report has been added to ResearchAndMarkets.com's offering.
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.
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.
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.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Thermal Imaging Market, By Type
7 Thermal Imaging Market, By Application
8 Thermal Imaging Market, By Vertical
9 Geographic Analysis
10 Competitive Landscape
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
For more information about this report visit https://www.researchandmarkets.com/research/9c9p3m/thermal_imaging?w=4