Thermal Imager Market is Forecasted to Reach US$779.5 Million in 2028, Says Stratview Research

Stratview Research, a global market research firm has launched a report on the global thermal imager market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/3375/thermal-imager-market.html#form

Market Statistics

Market Size in 2028: US$779.5 million

Growth (CAGR): 4.6% during 2023-2028

Leading Application Type: Commercial

Leading Region: Asia-Pacific

Forecast Period: 2023-2028

Trend Period: 2017-2021

Base Year: 2022

Number of Segments Covered: 2

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Thermal Imager Market:

The global thermal imager market is segmented based on Application type, and Region.

Based on Application Type –

The market is segmented into military and commercial applications. Under military applications, soldier vision is estimated to remain the dominant application type, owing to its wide usage in military night vision devices. Thermal weapon sights (TWS) equipped with microbolometer technology can detect thermal signatures of objects and individuals, even in complete darkness. This allows for improved surveillance and reconnaissance capabilities, as well as increased accuracy in target acquisition and engagement owing to which it is expected to witness the fastest growth in the years to come.

Similarly, under commercial applications, owing to the wide application of thermography, it is estimated to remain the dominant as well as the fastest-growing commercial application type in the years to come.

To know the most attractive segments, click here for a free sample of the report:

https://www.stratviewresearch.com/Request-Sample/3375/thermal-imager-market.html#form

Which Region Shows the Most Promising Growth Forecast and Opportunity?

Microbolometer is used in a wide range of applications in various industries such as aerospace, defense, automotive, and healthcare. The Asia-Pacific region has been witnessing significant growth in these industries, particularly in countries such as China, India, Japan, and South Korea. This growth is driving the demand for microbolometers in the overall region.

Thermal Imager Market Drivers:

Some of the key drivers listed in the report are given below.

-         The growth of the market is driven by demand for thermal imaging cameras in defense & security and industrial and commercial applications. The demand is further triggered by technological advancements, such as the development of smaller and more affordable cameras with higher resolution and better image quality.

-         A microbolometer is a type of thermal sensor used in thermal imaging cameras. It consists of an array of tiny pixels, each containing a tiny resistor that is sensitive to temperature changes. One of the key advantages of microbolometers is that they do not require cooling, unlike other types of thermal sensors such as cryogenically cooled sensors. This makes them more compact, reliable, and easier to use than other types of thermal sensors. Microbolometers are commonly used in a variety of applications, including industrial inspection, surveillance, firefighting, and medical imaging. They are also used for defense applications, such as target acquisition, surveillance, and reconnaissance. Advancements in microbolometer technology, such as improvements in pixel size, sensitivity, and response time, have led to the development of more advanced and capable thermal imaging cameras that can be used in a wider range of applications.

Top Companies in the Thermal Imager Market:

The global market for Thermal Imager is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players:

-         BAE Systems

-         Global Sensor Technology

-         i3system

-         Leonardo DRS

-         Lynred

-         MikroSens

-         Seek Thermal

-         Teledyne Technologies Incorporated

-         Wuhan Guide Sensmart Tech Co., Ltd.

-         Zhejiang Dali Technology Co., Ltd.

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the thermal imager market, answering critical questions like

-      How big is the sales opportunity?

-      Which regions offer the best sales opportunities?

-      Which are the most attractive market segments?

-      Which are the top players and their market positioning?

-      How complex is the business environment?

-      What are the factors affecting the market?

For Customization or Any Other Queries, get in Touch with our industry experts at sales@stratviewresearch.com

Related Reports:

-      Night Vision Device Market

-      Handheld Thermal Imager Market

About us –

Stratview Research is a global market research and consulting firm that highly specializes in IT & telecom, aerospace & defense, chemicals, and a few other industries.

It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to make convincing business decisions.

Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.

Are you looking for any specific data customized to your objectives? We are just an email away.

Stratview Research

E-mail: sales@stratviewresearch.com

Direct: +1-313-307-4176