Featured Global Infrared Imaging Technology Market to 2026 - Organizations Rise Up with Thermal Imaging to Reopen & Ensure Business Continuity - ResearchAndMarkets.com

Published on September 22nd, 2022 📆 | 6670 Views ⚑

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Global Infrared Imaging Technology Market to 2026 – Organizations Rise Up with Thermal Imaging to Reopen & Ensure Business Continuity – ResearchAndMarkets.com


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DUBLIN--(BUSINESS WIRE)--The "Infrared Imaging Technology - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The global market for Infrared Imaging Technology estimated at US$5.4 Billion in the year 2022, is projected to reach a revised size of US$7 Billion by 2026, growing at a CAGR of 6.3% over the analysis period.

The U.S. Market is Estimated at $2.4 Billion in 2022, While China is Forecast to Reach $603 Million by 2026

The Infrared Imaging Technology market in the U.S. is estimated at US$2.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$603 Million by the year 2026 trailing a CAGR of 7.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.6% and 5.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.

The market is forecast to witness robust growth opportunities driven by growing demand from non-industrial sector, growing adoption in new end-use applications, technological advancements in IR imaging technology, rising adoption in security and surveillance applications, increasing availability of reasonably priced infrared cameras.

By Application, Security & Surveillance Segment to Reach $4.1 Billion by 2026

Global market for Security & Surveillance by Application segment is estimated at US$3.2 Billion in 2022, and is projected to reach US$4.1 Billion by 2026 reflecting a compounded annual growth rate of 6.1% over the analysis period. The United States constitutes the largest regional market for Security & Surveillance segment, accounting for 42.8% of the global sales. China is poised to register the fastest compounded annual growth rate of 7.6% over the analysis period, to reach US$417.6 Million by the close of the analysis period.

Select Competitors (Total 55 Featured):

  • Allied Vision Technologies GmbH
  • Axis Communications AB
  • Bosch Security Systems, Inc.
  • FLIR Systems, Inc.
  • Fluke Corporation
  • General Dynamics Mission Systems, Inc.
  • Hanwha Techwin Co., Ltd.
  • L3Harris Technologies, Inc.
  • Leonardo DRS
  • Lynred
  • New Imaging Technologies
  • Opgal Optronic Industries
  • Sensors Unlimited, Inc.
  • Xenics NV
  • Zhejiang Dali Technology Co., Ltd

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • Impact of COVID-19 Pandemic and Looming Economic Recession
  • COVID-19 Impact on Infrared Imaging Technology
  • Thermal Imaging as Promising Fever Screening Method to Dodge COVID-19 Storm
  • Caveats Regarding Use of Infrared/Thermal Imaging for Fever Detection
  • Vendors Highlight Thermal Imaging Systems to Deal with COVID-19 Challenge
  • Organizations Rise Up with Thermal Imaging to Reopen & Ensure Business Continuity
  • Once a Niche Market, Infrared Cameras Enjoy Rising Demand amid COVID-19

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rising Significance of IR Technology in Industrial Imaging Applications
  • Growing Prominence of Infrared Cameras in Inspection & Quality Control Applications
  • Fast Evolving Role of Industry 4.0 & Smart Factory to Steer Future Expansion
  • Major Industry 4.0 Technologies: Global Market Size (US$ Billion) for Internet of Things (IoT), Big Data, Smart Factory, Advanced Analytics, Service Robotics, and Smart Machines for 2020
  • Thermal Imagers for Remote Temperature Measurement
  • Rising Demand for Infrared Imaging Products from Non-Industrial Sectors
  • Sustained Demand for Infrared Imaging Technology in Military Applications
  • With Defense Budgets Coming Under Intense Pressure, IR Imaging Market Witnesses Challenging Times
  • Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2019
  • Leading Countries Ranked by Defense Budgets in US$ Billion for 2019
  • Reprioritizing of Budgets Impacts Defense Spending, Affecting IR Imaging Market
  • Japan Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion) for 2021-2023
  • UK Defense Budget: A Pre & Post COVID-19 Comparison (In US$ Billion) for 2021-2023
  • Increase in Territorial Conflicts and Border Disputes Drive Focus onto Better Surveillance & Target Identification
  • Number of Terrorist Incidents and Terrorism-related Deaths Worldwide: 2011-2018
  • Focus on Soldier Modernization Programs Spurs Market Growth
  • Improving Target Identification, Threat Assessment and Monitoring: Essential Capabilities of IR Imaging Systems
  • US Companies Offer Support to US Air Force for EO/RF-Related Technology Development
  • Imaging Infrared Technology Finds Favor in IR Missile Guidance
  • Thermal Cameras: An Important System for Securing Borders
  • Infrared and Thermal Cameras Find Use in ISR Operations
  • Advanced LWIR Technology to Power Near-Room Temperature Thermal Imaging
  • LWIR Imagers with Superior Dynamic Range
  • Security & Surveillance Applications Present Significant Potential for Infrared Imaging Market
  • Emerging Applications of SWIR Cameras to Boost Market
  • Infrared Imaging Technology's Growing Role in Gas Detection
  • Global Gas Leak Detection & Repair Market by Technology (in %) for 2020E
  • IR Imaging Technology Finds Growing Use in Healthcare Sector
  • Infrared Cameras for Medical Diagnostic Reasons
  • IR Imaging Cameras Rise in Prominence for COVID-19 Screening
  • Autonomous Vehicles Integrate IR Imaging Technology
  • Global Projected Penetration Rate (%) of Autonomous Vehicles for the Years 2021, 2023 and 2025
  • As Aviation Industry Looks to Resume Normal Operations, Demand for IR Imaging Systems Poised to Grow
  • Expected Losses in Global Aviation Industry (In US$ Billion)
  • Consumer Electronics Industry Witnesses Increasing Use of IR Technology
  • IR Imaging Cameras: Sensing IR Radiation
  • Primary Use-Cases of Thermal Imaging Cameras
  • Glitches of Thermal Imaging Cameras
  • Infrared Cameras Help Identify & Correct Distortions in Production
  • Emerging Infrared Imaging Technology Applications: An Overview
  • Technological Advances in IR Imaging Technology & Development of Low Cost Cameras to Propel Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/94w51v

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