Global Thermal Imaging Systems Market Predicted to Soar to $10.2 Billion by 2030 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Thermal Imaging Systems - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The report provides an extensive global market perspective on thermal imaging systems, analyzing key geographic regions including the USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.

It presents insights into recent, current, and future trends in sales, along with percentage CAGR, for thermal imaging systems, fixed mounted systems, handheld imaging devices, security & surveillance, thermal cameras, thermal scopes, thermal modules, monitoring & inspection, and detection & measurement. The market presence of key competitors is assessed within each region, highlighting their strength and activity levels.

This comprehensive analysis offers valuable insights into the thermal imaging systems market's dynamics across different regions and sectors.

Global Thermal Imaging Systems Market to Reach $10.2 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Thermal Imaging Systems estimated at US$7 Billion in the year 2022, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Fixed Mounted Systems, one of the segments analyzed in the report, is projected to record 4.4% CAGR and reach US$6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Handheld Imaging Devices & Systems segment is readjusted to a revised 5.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.9 Billion, While China is Forecast to Grow at 8.1% CAGR

The Thermal Imaging Systems market in the U.S. is estimated at US$1.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.2% CAGR.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

A selection of companies mentioned in this report includes

• BAE Systems PLC
• Elbit Systems Ltd.
• FLIR Systems, Inc.
• L-3 Communications Holdings, Inc.
• Leonardo DRS
• Lockheed Martin Corporation
• Raytheon Company
• Sofradir Group
• Thermoteknix Systems Ltd.
• ULIS

For more information about this report visit https://www.researchandmarkets.com/r/djbmi2

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