Thermal Imaging market Size, Research Report - Global Forecast to 2030

Thermal Imaging Market - Overview The global Thermal Imaging Market size can reach USD 3.96 billion by 2023 at a CAGR of 7% over the forecast period. Investments in thermal imaging cameras for distinguishing between objects clearly using different gradients of color can bode well for the market. The demand for thermal imaging in private and public environments due to increased demand for security by citizens can fuel market growth. Rapid pace of urbanization and modernization of commercial buildings with integration of latest technologies can work favorably for the market. The COVID-19 outbreak and its need for devices to assess abnormal temperatures can drive the demand in the market. It has been used in commercial and public buildings by security personnel to detect cases early and curb infection rates. The rise in the demand for thermal imaging market in the global market. The availability of low-cost devices coupled with increasing market penetration provides various growth opportunities in the global market during the forecasted period. This imaging technique is used to detect moisture in plumbing blockages and leaks, roofs, ceilings, and walls which create more growth opportunities in small-scale industries as well. Moreover increasing investment for the development of infrastructure coupled with increasing demand for professional surveillance provides various growth opportunities during the forecasted period. Get Free Sample Copy at: https://www.marketresearchfuture.com/sample_request/6277 Segmentation By type, the market is segmented into cameras, modules, and scopes. By application, the market is segmented into security & surveillance, monitoring & inspection, and detection. Security & surveillance segment is further segmented into tracking, perimeter security, and unmanned aerial vehicle (UAV). Monitoring & inspection segment is similarly segmented into machine condition monitoring, quality assessment, structural health monitoring, and HVAC. Detection segment is further segmented into gas detection, level measurement, body temperature measurement, fire/flare detection, and research & development. By vertical, the market is segmented into industrial, commercial, residential, oil & gas, healthcare & life sciences, aerospace & defense, automotive, and food & beverages. The residential vertical is expected to generate returns for the market till 2025 owing to availability of low-cost devices and detection of moisture in blockages, ceilings, roofs, and walls. Regional Analysis North America is expected to dominate the global market of thermal imaging due to the presence of thermal imaging product manufacturers and R&D centers. The main factor driving the thermal imaging industry in this region is high demand for thermal imaging devices across several law enforcement activities as well as in the commercial and industrial sectors. Their uses in the construction industry by technicians for identifying leaks and maintain temperature regulation can bode well for the market. In Europe, rising demand in surveillance & security applications and gradual decrease of cost for thermal cameras is expected to fuel the growth of this market in this region. The installation

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