The global Thermal Scanners market size is expected to be worth around US$ 4.8 billion by 2027, according to a new report by Vision Research Reports.
The global Thermal Scanners market size was valued at US$ 3.3 billion in 2019 and is anticipated to grow at a CAGR of 8.11% during forecast period 2020 to 2027.
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Rising product demand for mass screening amid the COVID-19 crisis and growing adoption in the aerospace and defense sector for security and surveillance applications are major factors propelling the market growth. The pandemic has changed the approach of key players to market these products as potential devices to be deployed against the spread of coronavirus.
The demand for non-destructive material testing with enhanced safety standards in various industries is expected to propel the growth. The growing need for low-cost devices in the commercial and healthcare sector is expected to further augment the product demand.
The fixed thermal scanner segment accounted for the largest revenue share of over 65% in 2019, owing to the increasing adoption in the industrial and healthcare sectors. These scanners offer a versatile, accurate, and reliable scanning solution for continuous temperature measurement applications in the ceramics, steel, and other processing industries. Moreover, they reduce human interference and can be deployed with the existing systems such as security gate or biometric entrance.
The automated temperature tracking is expected to become a standard procedure at public places considering the global impacts of COVID-19. These are the fixed systems that provide reliable and real-time temperature measurement of large groups of people. Key players are working on developing such automated monitoring systems for commercial buildings and airports. For instance, Amorph Systems GmbH and VantIQ, Inc., are working with hardware development partners, including camera vendors such as Hangzhou Hikvision Digital Technology Co., Ltd. (Hikvision) to develop continuous detection and monitoring solution.
Handheld thermal scanners are likely to witness robust growth over the forecast period owing to high adoption in commercial applications. The recent coronavirus outbreak has caused a significant demand for handheld scanner across several community places, including airports, metro stations, factories, and commercial buildings. Besides, it serves the purpose of social distancing as it allows the user to take temperature measurements from a safe distance. The technological advancement such as integrated thermal imaging ability in the smartphone is expected to bolster the growth of the industry.
The Long-Wave Infrared (LWIR) accounted for the largest revenue share of over 77% in 2019 and is expected to continue its dominance over the forecast period. LWIR offers several benefits such as low power, weight, and size as compared to the MWIR. Besides, LWIR has played a crucial role in the defense and security sector for decades as it can detect the objects independent of ambient lighting. Recent advancements in fabrication and low-cost have made LWIR scanners easily accessible to industrial and consumer applications.
The MWIR segment is expected to grow at a substantial rate over the forecast period. MWIR is usually preferred for the long-range surveillance application, satellite-based weather profile monitoring, medical diagnosis, and deforestation mapping. The advancement in High Operating Temperature (HOT) MWIR and dual-color detector designs facilitated the use of these cameras for various applications, which was earlier dominated by LWIR cameras. In December 2018, FLIR Systems, Inc. launched it’s first High Operating Temperature (HOT) MWIR thermal camera core, which is small, lightweight, and low power consuming core suitable for drone surveillance applications. However, the MWIR cameras are usually very expensive for long-range applications and thus are used for specific military usages such as intelligence, surveillance, and reconnaissance.
The aerospace and defense end-use segment accounted for the largest revenue share of around 22% in 2019 and is anticipated to maintain its dominance over the forecast period. Thermal imaging is a boon to military applications owing to the ability to perform in all weather conditions. The technology is widely used in ship collision avoidance and guidance systems, border surveillance, law enforcement, and structural health monitoring of aircraft. There has been increased integration of thermal cameras with other solutions, including radar to improve redundancy, alarm verification, and long-range detection for airports and other large sites.
The industrial segment captured significant revenue share in 2019. The low pricing of technology has opened a new market for thermal imaging solutions in mainstream applications. Nowadays, thermal imaging technology is not only limited to security and surveillance application but also used for predictive maintenance across different industry verticals. Manufacturing facilities, refineries, and substations are using thermal cameras and scanners to remotely scrutinize the equipment, recognize components at risk of overheating, and retort before a component fails. Moreover, industries such as food processing and carpet manufacturing where the heat is utilized for the production can be benefited by the technology to enhance and automate the fire safety control.
There has been a surge in the use of thermal scanners in the automotive sector. Earlier, due to the high cost, the technology was available in a selected number of high-end automobile models. Risky driving factors including glare, darkness, animal crossing in the night, and highly populated areas can be reduced with the help of thermal cameras, increasing the overall road safety and driver awareness. These cameras can be easily integrated with existing infotainment systems, making it easier to add the technology at a market-leading price point. Besides, in the coming years, thermal imaging technology is expected to gain momentum in road safety and railway application.
The North America regional market captured the highest revenue share of over 41% in 2019. The U.S. is expected to witness significant growth due to its flourishing defense industry. The presence of leading companies such as FLIR Systems, Inc.; Fluke Corporation; and L3harris Technologies, Inc. is boosting the market growth in the U.S. The increasing demand in commercial applications in Canada is also expected to drive the regional market. Recently, in August 2019, British Columbia Ferry Services Inc. (BC Ferries) installed thermal imaging cameras to monitor threatened marine mammals.
Asia Pacific is expected to expand at the highest CAGR over the forecast period. China accounted for the largest revenue share in the region. The growth can be attributed to various vendors offering low-cost solutions, which in turn is expected to boost demand in this pandemic. The outbreak in China has resulted in the exponential demand for thermal scanners compelling companies towards mass production. The region is putting efforts in research and development to combat the outbreak. As a result, Wuhan Guide Infrared Co., Ltd. announced that Chinese public transport infrastructure should be equipped with a thermal scanner system driven by Artificial Intelligence (AI) facial detection technology.
- FLIR Systems, Inc.
- Fluke Corporation
- Leonardo S.p.A.
- L3Harris Technologies, Inc.
- Opgal Optronic Industries Ltd.
Thermal Scanners Type Outlook
Thermal Scanners Wavelength Outlook
- Short-Wave Infrared (SWIR)
- Mid-Wave Infrared (MWIR)
- Long-Wave Infrared (LWIR)
Thermal Scanners End-use Outlook
- Aerospace & Defense
- Oil & Gas
Thermal Scanners Regional Outlook
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The study objectives of this report are:
- To analyze and study the global market capacity, production, value, consumption, status (2016-2019) and forecast (2020-2027);
- Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
- To define, describe and forecast the market by type, application and region.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends and factors driving or inhibiting the market growth.
- To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
- To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
- To strategically profile the key players and comprehensively analyze their growth strategies.
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