Europe Thermal Scanners Market Size and Competitive Analysis by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Europe 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)
- Report Date : Sep 2020
- Report Code : TIPRE00014163
- Category : Electronics and Semiconductor
- Status : Published
- Available Report Formats :
- No. of Pages : 96
The thermal scanners market in Europe is expected to grow from US$ 1092.89 million in 2019 to US$ 2170.29 million by 2027, it is estimated to grow at a CAGR of 9.4% from 2020 to 2027.
France, Germany, Italy, Russia, and UK are major economies in Europe. The adoption of thermal scanners has been increasing in the automotive sector. Earlier, the use of the technology was limited to high-end automotive models due to the high cost of these devices. The risk-associated factors such as glare, darkness, and animal crossing, especially during night, can be reduced with the help of thermal cameras, thereby increasing overall road safety by keeping drivers alarmed while driving. These cameras can be easily integrated with existing infotainment systems. And as the thermal scanner technology gets cheaper and as the vehicle homologation across Europe gets stricter towards the safety standards the demand for thermal scanners are expected to witness a surge in coming future. Furthermore, increasing demand for thermal scanners at airports for mass screening, increasing government spending in the aerospace and defence sectors, increasing R&D investments by companies, governments, and capital firms to develop innovative thermal scanning solutions key factors contributing to this market growth in Europe.
In order control the contain the outbreak of COVID-19 the governments across enacted measures like travel ban, factory and business shutdowns and lockdowns which ultimately supply chain disruptions of the Europe Thermal Scanners market hampering the revenue generation and anticipated growth opportunities for short period of time. The outbreak of COVID-19 is impacting the economic stability in Europe, so far Russia is the worst hit country in Europe due to the spread of the virus followed by Spain, UK and Italy. Europe is a major manufacturing and industrial hub for sectors automotive, construction, aerospace, energy & power, and IT & telecom. Businesses in the region are facing severe financial difficulties as they either had to suspend their operations to control spread of coronavirus. However, COVID-19 outbreak has increased demand from healthcare facilities for the thermal scanners. The sudden rise in need has created an imbalance between demand and supply, which has led the manufacturers to mass produce these devices, however, the devices are being offered at greater prices. The device helps healthcare professionals monitor the temperature of the patient's body and take necessary action based on scanner results. The airline industry across Europe has also increased demand for thermal scanners, where air passengers are screened for any symptoms of the virus. Such increasing demand is expected to boost the market growth in the coming years rapidly.
Europe Thermal Scanners Market
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Europe Thermal Scanners Market Segmentation
Europe Thermal Scanners Market – By Type
- Handheld
- Fixed
Europe Thermal Scanners Market – By Wavelength
- Short-wavelength Infrared
- Medium-wavelength Infrared
- Long-wavelength Infrared
Europe Thermal Scanners Market – By End-use
- Industrial
- Aerospace and Defence
- Automotive
- Oil and gas
- Others
Europe Thermal Scanners Market – By Country
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
Europe Thermal Scanners Market -Companies Mentioned
- FLIR Systems, Inc.
- AMETEK Inc.
- Robert Bosch GmbH
- 3M Company
- Leonardo S.p.A.
- Thermoteknix Systems Ltd
- Fluke Corporation
Europe Thermal Scanners Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1092.89 Million |
| Market Size by 2027 | US$ 2170.29 Million |
| Global CAGR (2020 - 2027) | 9.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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The List of Companies - Europe Thermal Scanners Market
- FLIR Systems, Inc.
- AMETEK Inc.
- Robert Bosch GmbH
- 3M
- Leonardo S.p.A.
- Thermoteknix Systems Ltd
- Fluke Corporation
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