South America Thermal Scanners Market is expected to reach US$ 277.02 Mn by 2027


PRESS RELEASE BY The Insight Partners 18 Sep 2020

Share this press on


Mid-Wave Infrared Segment to Dominate SAM Thermal Scanners Market during the forecast period (2020 – 2027)

 

According to The Insight Partners market research study on “SAM Thermal Scanners Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Type, Wavelength, and End-Use” is expected to reach US$ 277.02 million by 2027 from US$ 186.86 million in 2019. The market is estimated to grow at a CAGR of 5.2% from 2020 to 2027. The report provides trends prevailing in the SAM thermal scanners market along with the drivers and restraints pertaining to the market growth. Rise in adoption of thermal scanners in automotive industry is the major factor driving the growth of the SAM thermal scanners market. However, incorrect temperature readings on certain surfaces hinder the growth of SAM thermal scanners market.

 

In the SAM region, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. As the lockdown restrictions are getting comfortable, the business units, companies, and commercial areas such as airports are reopening. Due to this lockdown reopening, the risk to the workforce of contacting with the disease is high. Therefore, companies such as Robert Bosch GmbH, FLIR Systems, Inc.; and AMETEK Inc. are some of the prominent players taking active participation in developing thermal scanners for COVID-19. On the contrary, during the first quarter, the use of thermal scanners was limited as manufacturing units and companies were shut down; however, with technological innovations and ease in lockdown situations, the use of thermal scanners is rising across the SAM region. And, the COVID-19 pandemic situation has created a demand for advanced facial recognition solutions which will ensure minimal human interference. Amid pandemic situation, different airports throughout the SAM region are placing orders for thermal scanners for passenger screening. Increasing demand for passenger screening at airports and other public places is anticipated to positively impact the adoption of thermal scanners.

 

The thermal scanners market is segmented into type, wavelength, end-use, and country. Based on type, the market is segmented into handheld and fixed. In 2019, the fixed segment held the largest share in SAM thermal scanners market. On the basis of wavelength, the market is segmented into short-wave infrared, mid-wave infrared, and long-wave infrared. The long-wave infrared segment accounts for largest market share in the 2019. Similarly, based on end-user, the market is bifurcated into industrial, aerospace & defense, automotive, oil & gas, and others. The oil & gas segment contributed a substantial share in 2019.


FLIR Systems, Inc.; AMETEK Inc.; Robert Bosch GmbH; 3M; and Leonardo are among the leading companies in the SAM thermal scanners market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, Leonardo launched SLX-SuperHawk thermal imaging camera. The SLX-SuperHawk makes use of the company’s SuperHawk detector, that is made using more than a million individual infrared pixels, each less than 1/12th the thickness of a human hair. This advanced detector, utilized in concert with the camera’s built-in image-processing, makes it highly capable in meeting long-range surveillance and targeting needs in challenging environments.

SAM Thermal Scanners Market, By Country, 2019 and 2027 (%)

SAM Thermal Scanners Market, By Country, 2019 and 2027 (%)

South America Thermal Scanners Market to Grow at a CAGR of 5.2% to reach US$ 277.02 Million from 2020 to 2027

Download Free Sample

South America Thermal Scanners Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Handheld and Fixed), Wavelength (Short-Wave Infrared, Mid-Wave Infrared, and Long-Wave Infrared), and End-Use (Industrial, Aerospace & Defense, Automotive, Oil & Gas, and Others)


 

The Report Segments the SAM Thermal Scanners market as Follows:

 

SAM Thermal Scanners Market – By Type

  • Handheld
  • Fixed

SAM Thermal Scanners Market – By Wavelength

  • Short-wave Infrared
  • Mid-wave Infrared
  • Long-wave Infrared

SAM Thermal Scanners Market – By End-Use

  • Industrial
  • Aerospace & Defense
  • Automotive
  • Oil & Gas
  • Others

SAM Thermal Scanners Market – By Country

  • Brazil
  • Argentina
  • Rest of SAM
Contact Us
 
Phone: +1-646-491-9876
Email Id: sales@theinsightpartners.com   
Download Free PDF Brochure