Thermal Scanners Market Development and Future Demand Analysis Report 2027

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The Thermal Scanners market is projected to grow at a rate of 7.9% in terms of value, from 2020 to reach USD 6.80 Billion by 2027.

The Global Thermal Scanners Market is forecast to reach USD 6.80 Billion by 2027, according to a new report by Reports and Data. The increasing government investments in aerospace defense sector, rising emphasis on research and developments by market players to come up with advanced features, elevated use of this scanner in the automotive industry and increasing emphasis on mass screening at airports for identifying potential COVID-19 positive patients are some of the mentionable factors boosting the growth of the market. The development of new technologies by industry players like the incorporation of AI in thermal cameras is acting as growth opportunities for the market. Various collaborations between industry players and the government, like the collaboration between L3Harris Technologies and the UK Ministry of Defence, is propelling the market growth.    

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Further key findings from the report suggest

  • In context to Wavelength, the Short-Wave Infrared segment is projected to witness a considerable growth rate of 8.4% during the forecast period. The growth of the Short-Wave Infrared segment is attributed to various advantages associated with it like, availability in compact size and scope of scanning through a glass. The efforts of market players to launch affordable Short-Wave Infrared scanners would also support the growth rate witnessed by this segment.
  • In regards to Technology, Uncooled segment is projected to witness a faster growth rate during the forecast period. The growth rate witnessed by this segment is attributed to benefits associated with this technology like lower cost as compared to cooled thermal imaging cameras as it does not need cryocoolers, which are very costly devices and have longer service lives results in its growing popularity among end-users.
  • In context to End-users, the Aerospace Defense segment held the largest market share of more than 25.0% in 2019. The COVID-19 pandemic has resulted in elevated demand for this scanner in airports for thermography, which contributes to the market share held by this segment. Increasing investment in the defense sector by the government of different nations also results in increasing demand for infrared thermal scanner in the defense sector for guidance and monitoring.       
  • In regards to Application, the Thermography segment is projected to witness the fastest growth rate of 8.2% during the forecast period. The COVID-19 pandemic has resulted in elevated demand for this scanner in airports for thermography, which contributes to the growth rate witnessed by this segment.   
  • In December 2019, Ametek Land had launched two new short-wavelength radiometric infrared borescope imaging cameras, NIR-B-640 and NIR-B-2K. These new launches have applicability in various industrial furnace process control and monitoring applications that need accuracy in temperature measurement.
  • In March 2020, FLIR Systems launched a new high-definition thermal imaging system, FLIR Range HDC MR. This system is effective in detecting illegal activities even in degraded weather conditions with image processing and embedded analytics.

Competitive Landscape:

Competitive landscape of global Thermal Scanners market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some leading companies operating in the global Thermal Scanners market:

Fluke Corporation, FLIR Systems, Inc., L3HARRIS TECHNOLOGIES, Inc., Leonardo S.P.A., Axis Communications Ab, Opgal, Seek Thermal Inc., Optotherm, Inc., 3M (3M Scott) and Thermoteknix Systems LTD.

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The global market is further segmented into type and application:

Wavelength Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)

  • Long-Wave Infrared
  • Mid-Wave Infrared
  • Short-Wave Infrared

Technology Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)

  • Uncooled
  • Cooled

Application Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)

  • Search and Rescue
  • Thermography
  • Security Surveillance
  • Others

End-user Outlook (Volume, Thousand Units; Revenue, USD Billion; 2017-2027)

  • Aerospace Defense
  • Healthcare Lifesciences
  • Automotive
  • Oil Gas
  • Commercial
  • Industrial
  • Others

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
  • Latin America (Brazil, Rest of LATAM)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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