Thermal Imaging Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The thermal imaging market size was $2.27 billion in 2021 and is expected to reach $4.1 billion by 2028, with an annual growth rate of 7% over the forecast period. Thermal imaging brands today are generously investing in research and development. In addition to focusing on product development, major companies are keeping an eye on local companies for acquisitions. In addition, many companies have decided to expand their product portfolio or service offerings. Therefore, joint ventures, mergers and acquisitions, and market entry strategies are some of the key business strategies that maintain brand competitiveness. Prominent vendors include Testo AG, Flir Systems, Axis Communications, BAE Systems, Danaher Corporation, DRS Technologies, Infrared Imaging Services LLC., Thermoteknix Systems Ltd., SATIR and Gratton Infrared Services.

Company Profile

• Testo AG
• Flir systems
• Axis communications
• BAE systems
• Danaher Corporation
• DRS technologies
• Infrared Imaging Services LLC.
• Thermoteknix Systems Ltd.

Market Segmentation

By Solution

• Software
• Hardware
• Services

By Application

• Firefighting
• Surveillance
• Intelligent Transportation System
• Commercial and Residential Security
• Surveys

By Industry

• Commercial Users
• Defense and Military

Scope of the Report

The research study analyzes the Thermal Imaging industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Thermal Imaging Market Report

1. What was the Thermal Imaging Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Thermal Imaging Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Thermal Imaging Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.