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Global Thermal Scanners Market Size study, by Type, By Wavelength (Short-Wave Infrared, Mid-Wave Infrared, Long-Wave Infrared ), By End Use and Regional Forecasts 2024-2032

Global Thermal Scanners Market Size study, by Type, By Wavelength...

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Global Thermal Scanners Market Size study, by Type, By Wavelength (Short-Wave Infrared, Mid-Wave Infrared, Long-Wave Infrared ), By End Use and Regional Forecasts 2024-2032
Global Thermal Scanners Market Size...
Report Code
RO11/103/1607

Publish Date
30/Aug/2024

Pages
200
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Global Thermal Scanners Market is valued approximately USD 4.53 billion in 2023 and is anticipated to grow with a growth rate of more than 4.80% over the forecast period 2024-2032. Thermal scanners, also known as thermal imaging cameras, are able to transform infrared radiation into visual representations of temperature fluctuations by measuring and detecting infrared radiation, or heat, that things release. In public health, mechanical monitoring, construction and electrical inspections, law enforcement, animal observation, and other fields, these devices are frequently utilized for fever screening. They are helpful in dangerous or inaccessible regions since they provide the benefit of non-contact, real-time temperature monitoring. The rising increased demand for security and surveillance is a key trend for the Global Thermal Scanners Market. There is a growing need for advanced security measures in public places, such as airports, malls, and stadiums, to detect potential threats, leading to increased adoption of thermal scanners.

In addition, the expansion of the Thermal Scanners Market is predominantly fueled by the rising demand for mass screening in public places, and rising government expenditure in defense and security measures. According to the Stockholm International Peace Research Institute (SIPRI), the global military expenditure reached up to USD 2,443 billion in 2023, an increase of almost 6.8% in real terms from 2022. This was the abrupt year-on-year increase since 2009. Along with this, the ongoing research and development trend in thermal scanner technology, coupled with the growing application in scientific research of climate change are further presenting various growth prospects to the Global Thermal Scanners Market during the forecast period. Thermal scanners have become a popular tool for mass screening in public places, including airports, train stations, and event venues. This is predominantly due to their ability to quickly identify entities with elevated body temperatures. However, inapplicable for glass and water, coupled with the export restrictions imposed on thermal imaging products is expected to stifle Global Thermal Scanners Market growth between 2024 and 2032.

The key regions considered for the global Thermal Scanners Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominates the Thermal Scanners Market share, owing to growing support for research and development in thermal scanner technology and surging demand for thermal imaging devices in consumer electronics, such as home security systems and smartphones, driven by improved awareness and affordability. Whereas, Asia Pacific is poised for fastest growth driven by the rapid economic development in countries like China, India, and Southeast Asia is fueling demand for thermal scanners across various industries. In addition, growing investments in healthcare infrastructure and the need for advanced medical technologies, including thermal scanners for disease screening and monitoring is expected to drive the growth in thermal scanners market during the forecast period.

Major market player included in this report are:
FLIR Systems, Inc.
Fluke Corporation
Leonardo S.p.A.
L3HARRIS Technologies, Inc.
Opgal Optronic Industries Ltd.
Axis Communications AB
Optotherm, Inc.
Seek Thermal, Inc.
Thermoteknix Systems Ltd.
Minnesota Mining and Manufacturing Company (3M Company)
The detailed segments and sub-segment of the market are explained below:
By Type
Handheld
Fixed
By Wavelength
Short-Wave Infrared (SWIR)
Mid-Wave Infrared (MWIR)
Long-Wave Infrared (LWIR)
By End Use
Industrial
Healthcare
Aerospace & Defense
Automotive
Oil & Gas
Commercial
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

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