Key companies operating in the thermal imaging market include:
3M Scott
BAE Systems Imaging Solutions
FLIR Systems, Inc
Axis Communications (parent Canon, Inc.)
Leonardo DRS
Raytheon Company
L3 Technologies, Inc
Seek Thermal
Fluke Corporation
Tonbo Imaging
Companies are focusing on launching robust products to strengthen their market presence.
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market size of thermal imaging crossed USD 7 billion in 2019.
The industry share of thermal imaging is anticipated to grow at a CAGR of over 19% between 2020 and 2026.
The cooled technology segment in the European market is predicted to witness a growth rate of around 9% during the forecast timespan.
According to the analysts at GMI, the handheld/portable cameras segment in the U.S. market will expand at more than 10% CAGR through 2026.
Several researchers are deploying thermal cameras to capture and measure human temperature owing to ongoing COVID-19 pandemic. These cameras aid in detecting temperature with precision and detail. The technology is also used to detect several other illnesses, wherein skin temperatures reflect the underlying tissue inflammation or variations in blood flow.
Key players operating in the industry include 3M Scott, BAE Systems Imaging Solutions, FLIR Systems, Inc., Axis Communications (parent Canon, Inc.), Leonardo DRS, Raytheon Company, L3 Technologies, Inc., Seek Thermal, Fluke Corporation, and Tonbo Imaging.