[Research Report] The thermal scanner market was valued at US$ 3925.11 million in 2019 and it is projected to reach US$ 7625.69 million by 2027; it is expected to grow at a CAGR of 8.9% from 2020 to 2027.
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 and increasing the adoption of thermal scanners in the automotive industry are key factors contributing to this market growth. In addition to increasing demand for additional advanced security solutions, the rapid urbanization of the entire globe would lead to the robust growth of the thermal scanners market industry around the world. Infrared heat scanner detects passively absorbed infrared radiation from objects that are more concealed than other active imaging systems that are supplied with the light. The infrared thermal scanners are used in military recognized research, monitoring, and guidance because of its excellent concealment, good anti-interference, strong target detection capabilities, and all weather conditions. Also the use of thermal scanners to diagnose defects in building structures are creating new opportunities for the market. Thermal imaging cameras or scanners are used as effective and non-invasive means of monitoring and diagnosing the conditions of commercial buildings and homes. With many countries undergoing the COVID-19 unlock stages, multiple measures are being employed by companies to ensure the safety of their employees and partners. They are adopting handheld thermal scanners, compelling the use of masks and sanitizers, and so on. To ensure safety, it has now become commonplace to use a handheld thermal scanning device at the entry points of offices, restaurants, hospitals, or, incidentally, any public place. Thus, with the increasing adoption of thermal scanners in the various industry, the market is likely to grow at a robust pace during the forecast period.
Impact of COVID-19 Pandemic on Thermal Scanner Market
The sudden outbreak of the COVID-19 pandemic 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. For instance, in June 2020, Thermavis introduced multi-person thermal scanners solution to protect the workers from COVID-19. It is a non-intrusive scanner which read the body temperature correctly of up to six people at a single stroke
Lucrative Regions in Thermal Scanner Market
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Market Insights–Thermal Scanner Market
Increasing demand for Thermal Scanners for Elevated Body Temperature Detection during COVID-19 Pandemic
The use of thermal scanners across public sites has increased amid the COVID-19 pandemic. 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. Moreover, to monitor and manage the pandemic, hospitals worldwide have implemented artificial intelligence (AI) to support medical professionals and treat infected patients. AI-powered solutions such as camera-embedded facial scanners screen hospital visitors and analyze facial attributes, and process the thermal scans to determine if they have fever. Key players such as FLIR Systems, Inc. and Seek Thermal Inc. are shifting their focus from industrial to commercial thermal scanning devices that prioritize hospitals and medical applications. Governments in several regions also have compelled these devices to be used in residential and commercial complexes. Such increasing demand is expected to boost the market growth in the coming years rapidly.
Type Based Insights
Based on type, the thermal scanner market is segmented into handheld and fixed. The fixed segment held a larger market share in 2019.
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Thermal Scanners Market: Strategic Insights
Market Size Value in US$ 3925.11 Million in 2019 Market Size Value by US$ 7625.69 Million by 2027 Growth rate CAGR of 8.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Thermal Scanners Market: Strategic Insights
Market Size Value in | US$ 3925.11 Million in 2019 |
Market Size Value by | US$ 7625.69 Million by 2027 |
Growth rate | CAGR of 8.9% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystPlayers operating in the thermal scanner market are mainly focused on the development of advanced and efficient products.
- In 2020, Bosch Power Tools recently launched innovations in the measuring and imaging categories for the Indian professions. The cordless GLL 30 G Professional, cordless GLM 150 C Professional, and cordless GTC 400 C Professional cater superior customer experience, excelling in functionality and ease-of-use
- In 2020, Hikvision, the leading supplier of innovative video surveillance products, signed an agreement with the protective intelligence company, Scylla Technologies Inc., in order to explore opportunities for AI technology collaborations. The partnership between the two companies comprises integration of Scylla AI-powered systems with Hikvision cameras and NVRs, and exploration of how the Scylla technology can be used in Hikvision’s central management platform, HikCentral, enabling the advanced Scylla features across larger installations.
The thermal scanner market has been segmented as follows:
Thermal Scanner Market – by Type
- Handheld
- Fixed
Thermal Scanner Market – by Wavelength
- Short-Wave Infrared
- Mid-Wave Infrared
- Longwave Infrared
Thermal Scanner Market – by End-Use
- Industrial
- Aerospace and Defense
- Automotive
- Oil and Gas
- Others
Thermal Scanner Market – by Geography
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
- Middle East Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America
- Brazil
- Argentina
- Rest of SAM
Thermal Scanner Market – Company Profiles
- FLIR Systems, Inc.
- AMETEK Inc.
- Robert Bosch GmbH
- 3M
- Leonardo
- Electro Optical Industries
- Infrared Cameras Inc
- Thermoteknix Systems Ltd
- Seek Thermal, Inc.
- Fluke Corporation
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Wavelength ; End Use , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Aerospace and defense sector led the thermal scanner market in 2019. The security of physical assets and humans is very crucial for government organizations. The governments are increasingly adopting updated technologies in order to increase the productivity and efficiency. The rising need for safeguarding the projects initiated by several government establishments, implementation of access control systems is expected to remain high. Additional benefits of thermal cameras in aerospace & defense sector include the ability to better investigate crime scenes, conduct search and rescue operations, and recover discarded evidence
North America dominated the thermal scanner market in 2019. The companies in the North America region are continuously enhancing their overall business processes to efficiently meet the customer demands for high-quality products and services. The high deployment rate of thermal scanners in the commercial and industrial sectors, along with a high emphasis on applications for security and surveillance, contributes to the large market share held by the region.
The adoption of thermal scanners has been increasing in the automotive sector. 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. The thermal imaging technology is also expected to gain momentum in road safety and railroad applications in the coming years.
1. Introduction. 21
1.1 Study Scope. 21
1.2 The Insight Partners Research Report Guidance. 21
1.3 Market Segmentation. 22
2. Key Takeaways. 24
3. Research Methodology. 27
3.1 Coverage. 28
3.2 Secondary Research. 28
3.3 Primary Research. 29
4. Thermal Scanners Market Landscape. 30
4.1 Market Overview.. 30
4.2 PEST Analysis. 31
4.2.1 North America. 31
4.2.2 Europe. 31
4.2.3 Asia-Pacific. 32
4.2.4 Middle East & Africa. 32
4.2.5 South America. 33
4.3 Ecosystem Analysis. 34
4.4 Expert Opinion. 35
5. Thermal Scanners Market – Key Industry Dynamics. 36
5.1 Market Drivers. 36
5.1.1 Increasing Demand for Thermal Scanners for Elevated Body Temperature Detection during COVID-19 Pandemic. 36
5.1.2 Growing Adoption of Thermal Scanners in Automotive Sector 36
5.2 Market Restraints. 36
5.2.1 Export Restrictions Imposed on Thermal Cameras/Scanners. 36
5.3 Market Opportunities. 37
5.3.1 Use of Thermal Scanners to Diagnose Defects in Building Structures. 37
5.4 Future Trends. 37
5.4.1 Adoption of Internet of Things in Thermal Scanners. 37
5.5 Impact Analysis of Drivers and Restraints. 38
6. Thermal Scanners Market – Global Analysis. 39
6.1 Thermal Scanners Market Global Overview.. 39
6.2 Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 40
6.3 Market Positioning – Five Key Players. 41
7. Thermal Scanners Market Analysis – By Type. 42
7.1 Overview.. 42
7.2 Thermal Scanners Market Breakdown, by Type, 2019 & 2027. 42
7.3 Handheld. 43
7.3.1 Overview.. 43
7.3.2 Handheld Market Revenue and Forecast to 2027 (US$ Million) 43
7.4 Fixed. 44
7.4.1 Overview.. 44
7.4.2 Fixed Market Revenue and Forecast to 2027 (US$ Million) 44
8. Thermal Scanners Market Analysis– By Wavelength. 46
8.1 Overview.. 46
8.2 Global Thermal Scanners Market Breakdown, By Wavelength, 2019 & 2027. 46
8.3 Short-Wave Infrared. 47
8.3.1 Overview.. 47
8.3.2 Short-Wave Infrared Market Forecast and Analysis. 47
8.4 Mid-Wave Infrared. 48
8.4.1 Overview.. 48
8.4.2 Mid-Wave Infrared Market Forecast and Analysis. 48
8.5 Long-Wave Infrared. 49
8.5.1 Overview.. 49
8.5.2 Long-Wave Infrared Market Forecast and Analysis. 49
9. Thermal Scanners Market Analysis – By End-Use. 50
9.1 Overview.. 50
9.2 Global Thermal Scanners Market Breakdown, By End-Use, 2019 & 2027. 50
9.3 Industrial 51
9.3.1 Overview.. 51
9.3.2 Industrial Market Forecast and Analysis. 51
9.4 Aerospace and Defense. 52
9.4.1 Overview.. 52
9.4.2 Aerospace and Defense Market Forecast and Analysis. 52
9.5 Automotive. 53
9.5.1 Overview.. 53
9.5.2 Automotive Market Forecast and Analysis. 53
9.6 Oil and Gas. 54
9.6.1 Overview.. 54
9.6.2 Oil and Gas Market Forecast and Analysis. 54
9.7 Others. 55
9.7.1 Overview.. 55
9.7.2 Others Market Forecast and Analysis. 55
10. Thermal Scanners Market – Geographic Analysis. 56
10.1 Overview.. 56
10.2 North America: Thermal Scanners Market 57
10.2.1 North America: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 58
10.2.2 North America: Thermal Scanners Market, by Type. 58
10.2.3 North America: Thermal Scanners Market, by Wavelength. 59
10.2.4 North America: Thermal Scanners Market, by End Use. 60
10.2.5 North America: Thermal Scanners Market, by Key Country. 61
10.2.5.1 US: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 62
10.2.5.1.1 US: Thermal Scanners Market, by Type. 63
10.2.5.1.2 US: Thermal Scanners Market, by Wavelength. 63
10.2.5.1.3 US: Thermal Scanners Market, by End Use. 64
10.2.5.2 Canada: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 65
10.2.5.2.1 Canada: Thermal Scanners Market, by Type. 65
10.2.5.2.2 Canada: Thermal Scanners Market, by Wavelength. 66
10.2.5.2.3 Canada: Thermal Scanners Market, by End Use. 66
10.2.5.3 Mexico: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 67
10.2.5.3.1 Mexico: Thermal Scanners Market, by Type. 67
10.2.5.3.2 Mexico: Thermal Scanners Market, by Wavelength. 68
10.2.5.3.3 Mexico: Thermal Scanners Market, by End Use. 68
10.3 Europe: Thermal Scanners Market 69
10.3.1 Europe: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 70
10.3.2 Europe: Thermal Scanners Market, by Type. 70
10.3.3 Europe: Thermal Scanners Market, by Wavelength. 71
10.3.4 Europe: Thermal Scanners Market, by End Use. 72
10.3.5 Europe: Thermal Scanners Market, by Key Country. 73
10.3.5.1 France: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 74
10.3.5.1.1 France: Thermal Scanners Market, by Type. 75
10.3.5.1.2 France: Thermal Scanners Market, by Wavelength. 75
10.3.5.1.3 France: Thermal Scanners Market, by End Use. 75
10.3.5.2 Germany: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 76
10.3.5.2.1 Germany: Thermal Scanners Market, by Type. 76
10.3.5.2.2 Germany: Thermal Scanners Market, by Wavelength. 77
10.3.5.2.3 Germany: Thermal Scanners Market, by End Use. 77
10.3.5.3 Italy: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 78
10.3.5.3.1 Italy: Thermal Scanners Market, by Type. 78
10.3.5.3.2 Italy: Thermal Scanners Market, by Wavelength. 79
10.3.5.3.3 Italy: Thermal Scanners Market, by End Use. 79
10.3.5.4 UK: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 80
10.3.5.4.1 UK: Thermal Scanners Market, by Type. 80
10.3.5.4.2 UK: Thermal Scanners Market, by Wavelength. 81
10.3.5.4.3 UK: Thermal Scanners Market, by End Use. 81
10.3.5.5 Russia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 82
10.3.5.5.1 Russia: Thermal Scanners Market, by Type. 83
10.3.5.5.2 Russia: Thermal Scanners Market, by Wavelength. 83
10.3.5.5.3 Russia: Thermal Scanners Market, by End Use. 83
10.3.5.6 Rest of Europe: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 84
10.3.5.6.1 Rest of Europe: Thermal Scanners Market, by Type. 84
10.3.5.6.2 Rest of Europe: Thermal Scanners Market, by Wavelength. 85
10.3.5.6.3 Rest of Europe: Thermal Scanners Market, by End Use. 85
10.4 APAC: Thermal Scanners Market 86
10.4.1 APAC: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 86
10.4.2 APAC: Thermal Scanners Market, by Type. 87
10.4.3 APAC: Thermal Scanners Market, by Wavelength. 88
10.4.4 APAC: Thermal Scanners Market, by End-Use. 89
10.4.5 APAC: Thermal Scanners Market, by Key Country. 90
10.4.5.1 Australia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 91
10.4.5.1.1 Australia: Thermal Scanners Market, by Type. 91
10.4.5.1.2 Australia: Thermal Scanners Market, by Wavelength. 92
10.4.5.1.3 Australia: Thermal Scanners Market, by End-Use. 92
10.4.5.2 China: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 93
10.4.5.2.1 China: Thermal Scanners Market, by Type. 93
10.4.5.2.2 China: Thermal Scanners Market, by Wavelength. 94
10.4.5.2.3 China: Thermal Scanners Market, by End-Use. 94
10.4.5.3 India: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 95
10.4.5.3.1 India: Thermal Scanners Market, by Type. 96
10.4.5.3.2 India: Thermal Scanners Market, by Wavelength. 96
10.4.5.3.3 India: Thermal Scanners Market, by End-Use. 96
10.4.5.4 Japan: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 97
10.4.5.4.1 Japan: Thermal Scanners Market, by Type. 97
10.4.5.4.2 Japan: Thermal Scanners Market, by Wavelength. 97
10.4.5.4.3 Japan: Thermal Scanners Market, by End-Use. 98
10.4.5.5 South Korea: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 99
10.4.5.5.1 South Korea: Thermal Scanners Market, by Type. 99
10.4.5.5.2 South Korea: Thermal Scanners Market, by Wavelength. 99
10.4.5.5.3 South Korea: Thermal Scanners Market, by End-Use. 100
10.4.5.6 Rest of APAC: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 101
10.4.5.6.1 Rest of APAC: Thermal Scanners Market, by Type. 101
10.4.5.6.2 Rest of APAC: Thermal Scanners Market, by Wavelength. 102
10.4.5.6.3 Rest of APAC: Thermal Scanners Market, by End-Use. 102
10.5 MEA: Thermal Scanners Market 103
10.5.1 MEA: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 103
10.5.2 MEA: Thermal Scanners Market, by Type. 104
10.5.3 MEA: Thermal Scanners Market, by Wavelength. 105
10.5.4 MEA: Thermal Scanners Market, by End-Use. 106
10.5.5 MEA: Thermal Scanners Market, by Key Country. 107
10.5.5.1 Saudi Arabia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 108
10.5.5.1.1 Saudi Arabia: Thermal Scanners Market, by Type. 108
10.5.5.1.2 Saudi Arabia: Thermal Scanners Market, by Wavelength. 109
10.5.5.1.3 Saudi Arabia: Thermal Scanners Market, by End-Use. 109
10.5.5.2 UAE: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 110
10.5.5.2.1 UAE: Thermal Scanners Market, by Type. 110
10.5.5.2.2 UAE: Thermal Scanners Market, by Wavelength. 111
10.5.5.2.3 UAE: Thermal Scanners Market, by End-Use. 111
10.5.5.3 South Africa: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 112
10.5.5.3.1 South Africa: Thermal Scanners Market, by Type. 112
10.5.5.3.2 South Africa: Thermal Scanners Market, by Wavelength. 113
10.5.5.3.3 South Africa: Thermal Scanners Market, by End-Use. 113
10.5.5.4 Rest of MEA: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 114
10.5.5.4.1 Rest of MEA: Thermal Scanners Market, by Type. 114
10.5.5.4.2 Rest of MEA: Thermal Scanners Market, by Wavelength. 115
10.5.5.4.3 Rest of MEA: Thermal Scanners Market, by End-Use. 115
10.6 SAM: Thermal Scanners Market 116
10.6.1 SAM: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 116
10.6.2 SAM: Thermal Scanners Market, by Type. 117
10.6.3 SAM: Thermal Scanners Market, by Wavelength. 118
10.6.4 SAM: Thermal Scanners Market, by End-Use. 119
10.6.5 SAM: Thermal Scanners Market, by Key Country. 120
10.6.5.1 Brazil: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 121
10.6.5.1.1 Brazil: Thermal Scanners Market, by Type. 121
10.6.5.1.2 Brazil: Thermal Scanners Market, by Wavelength. 122
10.6.5.1.3 Brazil: Thermal Scanners Market, by End-Use. 122
10.6.5.2 Argentina: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 123
10.6.5.2.1 Argentina: Thermal Scanners Market, by Type. 123
10.6.5.2.2 Argentina: Thermal Scanners Market, by Wavelength. 124
10.6.5.2.3 Argentina: Thermal Scanners Market, by End-Use. 124
10.6.5.3 Rest of SAM: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 125
10.6.5.3.1 Rest of SAM: Thermal Scanners Market, by Type. 125
10.6.5.3.2 Rest of SAM: Thermal Scanners Market, by Wavelength. 126
10.6.5.3.3 Rest of SAM: Thermal Scanners Market, by End-Use. 126
11. Thermal Scanners Market- COVID-19 Impact Analysis. 127
11.1 Overview.. 127
11.2 North America. 127
11.3 Europe. 129
11.4 Asia-Pacific. 129
11.5 Middle East and Africa. 131
11.6 South America. 132
12. Global Thermal Scanners Market-Industry Landscape. 133
12.1 Overview.. 133
12.2 Market Initiative. 133
12.3 New Product Development 133
13. Company Profiles. 135
13.1 FLIR Systems, Inc. 135
13.1.1 Key Facts. 135
13.1.2 Business Description. 135
13.1.3 Products and Services. 136
13.1.4 Financial Overview.. 136
13.1.5 SWOT Analysis. 138
13.1.6 Key Developments. 139
13.2 AMETEK Inc. 141
13.2.1 Key Facts. 141
13.2.2 Business Description. 141
13.2.3 Products and Services. 142
13.2.4 Financial Overview.. 142
13.2.5 SWOT Analysis. 144
13.2.6 Key Developments. 145
13.3 Robert Bosch GmbH.. 146
13.3.1 Key Facts. 146
13.3.2 Business Description. 146
13.3.3 Products and Services. 146
13.3.4 Financial Overview.. 147
13.3.5 SWOT Analysis. 148
13.3.6 Key Developments. 149
13.4 3M.. 150
13.4.1 Key Facts. 150
13.4.2 Business Description. 150
13.4.3 Products and Services. 150
13.4.4 Financial Overview.. 151
13.4.5 SWOT Analysis. 152
13.4.6 Key Developments. 153
13.5 Leonardo. 154
13.5.1 Key Facts. 154
13.5.2 Business Description. 154
13.5.3 Products and Services. 154
13.5.4 Financial Overview.. 155
13.5.5 SWOT Analysis. 156
13.5.6 Key Developments. 157
13.6 Electro Optical Industries. 158
13.6.1 Key Facts. 158
13.6.2 Business Description. 158
13.6.3 Products and Services. 158
13.6.4 Financial Overview.. 158
13.6.5 SWOT Analysis. 159
13.6.6 Key Developments. 160
13.7 Infrared Cameras Inc. 161
13.7.1 Key Facts. 161
13.7.2 Business Description. 161
13.7.3 Products and Services. 161
13.7.4 Financial Overview.. 161
13.7.5 SWOT Analysis. 162
13.7.6 Key Developments. 163
13.8 Thermoteknix Systems Ltd. 164
13.8.1 Key Facts. 164
13.8.2 Business Description. 164
13.8.3 Products and Services. 164
13.8.4 Financial Overview.. 164
13.8.5 SWOT Analysis. 165
13.8.6 Key Developments. 166
13.9 Seek Thermal, Inc. 167
13.9.1 Key Facts. 167
13.9.2 Business Description. 167
13.9.3 Products and Services. 167
13.9.4 Financial Overview.. 167
13.9.5 SWOT Analysis. 168
13.9.6 Key Developments. 169
13.10 Fluke Corporation. 170
13.10.1 Key Facts. 170
13.10.2 Business Description. 170
13.10.3 Products and Services. 170
13.10.4 Financial Overview.. 171
13.10.5 SWOT Analysis. 172
13.10.6 Key Developments. 173
14. Appendix. 174
14.1 About The Insight Partners. 174
14.2 Glossary of Terms. 174
LIST OF TABLES
Table 1. Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 41
Table 2. North America: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 59
Table 3. North America: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 59
Table 4. North America: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 60
Table 5. North America Thermal Scanners Market, by Country – Revenue and Forecast to 2027 (USD Million) 61
Table 6. US: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 63
Table 7. US: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 63
Table 8. US: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 64
Table 9. Canada: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 65
Table 10. Canada: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 66
Table 11. Canada: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 66
Table 12. Mexico: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 67
Table 13. Mexico: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 68
Table 14. Mexico: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 68
Table 15. Europe: Thermal Scanners Market, by Type– Revenue and Forecast to 2027 (US$ Million) 71
Table 16. Europe: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 71
Table 17. Europe: Thermal Scanners Market, by End Use– Revenue and Forecast to 2027 (US$ Million) 72
Table 18. Europe Thermal Scanners Market, by Country – Revenue and Forecast to 2027 (USD Million) 73
Table 19. France: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 75
Table 20. France: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 75
Table 21. France: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 75
Table 22. Germany: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 76
Table 23. Germany: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 77
Table 24. Germany: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 77
Table 25. Italy: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 78
Table 26. Italy: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 79
Table 27. Italy: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 79
Table 28. UK: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 80
Table 29. UK: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 81
Table 30. UK: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 81
Table 31. Russia: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 83
Table 32. Russia: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 83
Table 33. Russia: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 83
Table 34. Rest of Europe: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 84
Table 35. Rest of Europe: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 85
Table 36. Rest of Europe: Thermal Scanners Market, by End Use – Revenue and Forecast to 2027 (US$ Million) 85
Table 37. APAC: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 88
Table 38. APAC: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 88
Table 39. APAC: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 89
Table 40. APAC Thermal Scanners Market, by Country – Revenue and Forecast to 2027 (USD Million) 90
Table 41. Australia: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 91
Table 42. Australia: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 92
Table 43. Australia: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 92
Table 44. China: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 93
Table 45. China: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 94
Table 46. China: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 94
Table 47. India: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 96
Table 48. India: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 96
Table 49. India: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 96
Table 50. Japan: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 97
Table 51. Japan: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 98
Table 52. Japan: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 98
Table 53. South Korea: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 99
Table 54. South Korea: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 100
Table 55. South Korea: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 100
Table 56. Rest of APAC: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 101
Table 57. Rest of APAC: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 102
Table 58. Rest of APAC: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 102
Table 59. MEA: Thermal Scanners Market, by Type– Revenue and Forecast to 2027 (US$ Million) 104
Table 60. MEA: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 105
Table 61. MEA: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 106
Table 62. MEA Thermal Scanners Market, by Country – Revenue and Forecast to 2027 (USD Million) 107
Table 63. South Africa: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 108
Table 64. South Africa: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 109
Table 65. South Africa: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 109
Table 66. UAE: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 110
Table 67. UAE: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 111
Table 68. UAE: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 111
Table 69. South Africa: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 112
Table 70. South Africa: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 113
Table 71. South Africa: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 113
Table 72. Rest of MEA: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 114
Table 73. Rest of MEA: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 115
Table 74. Rest of MEA: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 115
Table 75. SAM: Thermal Scanners Market, by Type– Revenue and Forecast to 2027 (US$ Million) 118
Table 76. SAM: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 118
Table 77. SAM: Thermal Scanners Market, by End-Use– Revenue and Forecast to 2027 (US$ Million) 119
Table 78. SAM Thermal Scanners Market, by Country – Revenue and Forecast to 2027 (USD Million) 120
Table 79. Brazil: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 121
Table 80. Brazil: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 122
Table 81. Brazil: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 122
Table 82. Argentina: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 123
Table 83. Argentina: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 124
Table 84. Argentina: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 124
Table 85. Rest of SAM: Thermal Scanners Market, by Type – Revenue and Forecast to 2027 (US$ Million) 125
Table 86. Rest of SAM: Thermal Scanners Market, by Wavelength – Revenue and Forecast to 2027 (US$ Million) 126
Table 87. Rest of SAM: Thermal Scanners Market, by End-Use – Revenue and Forecast to 2027 (US$ Million) 126
Table 88. Glossary of Term: Thermal Scanners Market 174
LIST OF FIGURES
Figure 1. Thermal Scanners Market Segmentation. 22
Figure 2. Thermal Scanners Market Segmentation – By Geography. 23
Figure 3. Global Thermal Scanners Market Overview.. 24
Figure 4. Fixed Segment Held the Largest Share During Forecast Period. 25
Figure 5. Aerospace & Defense Segment Dominated the Market 25
Figure 6. APAC to Show Great Traction During Forecast Period. 26
Figure 7. North America – PEST Analysis. 31
Figure 8. Europe- PEST Analysis. 31
Figure 9. Asia-Pacific- PEST Analysis. 32
Figure 10. Middle East and Africa- PEST Analysis. 32
Figure 11. South America- PEST Analysis. 33
Figure 12. Ecosystem Analysis. 34
Figure 13. Expert Opinion. 35
Figure 14. Thermal Scanners Market Impact Analysis of Drivers and Restraints. 38
Figure 15. Geographic Overview of Thermal Scanners Market 39
Figure 16. Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 40
Figure 17. Thermal Scanners Market Breakdown, by Type (2019 and 2027) 42
Figure 18. Global Handheld Market Revenue and Forecast to 2027(US$ Million) 43
Figure 19. Global Fixed Market Revenue and Forecast to 2027(US$ Million) 45
Figure 20. Global Thermal Scanners Market Breakdown, By Wavelength, 2019 & 2027 (%) 46
Figure 21. Global Short-Wave Infrared Market Revenue and Forecast to 2027 (US$ Mn) 47
Figure 22. Global Mid-Wave Infrared Market Revenue and Forecast to 2027 (US$ Mn) 48
Figure 23. Global Long-Wave Infrared Market Revenue and Forecast to 2027 (US$ Mn) 49
Figure 24. Global Thermal Scanners Market Breakdown, By End-Use, 2019 & 2027 (%) 50
Figure 25. Global Industrial Market Revenue and Forecast to 2027(US$ Mn) 51
Figure 26. Global Aerospace and Defense Market Revenue and Forecast to 2027(US$ Mn) 52
Figure 27. Global Automotive Market Revenue and Forecast to 2027(US$ Mn) 53
Figure 28. Global Oil and Gas Market Revenue and Forecast to 2027(US$ Mn) 54
Figure 29. Global Others Market Revenue and Forecast to 2027(US$ Mn) 55
Figure 30. Global Thermal Scanners Market Revenue Share, by Region (2019 and 2027) 56
Figure 31. North America: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 58
Figure 32. North America: Thermal Scanners Market Revenue Share, by Type (2019 and 2027) 58
Figure 33. North America: Thermal Scanners Market Revenue Share, by Wavelength (2019 and 2027) 59
Figure 34. North America: Thermal Scanners Market Revenue Share, by End Use (2019 and 2027) 60
Figure 35. North America: Thermal Scanners Market Revenue Share, by Key Country (2019 and 2027) 61
Figure 36. US: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 62
Figure 37. Canada: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 65
Figure 38. Mexico: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 67
Figure 39. Europe: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 70
Figure 40. Europe: Thermal Scanners Market Revenue Share, by Type (2019 and 2027) 70
Figure 41. Europe: Thermal Scanners Market Revenue Share, by Wavelength (2019 and 2027) 71
Figure 42. Europe: Thermal Scanners Market Revenue Share, by End Use (2018 and 2027) 72
Figure 43. Europe: Thermal Scanners Market Revenue Share, by Key Country (2019 and 2027) 73
Figure 44. France: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 74
Figure 45. Germany: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 76
Figure 46. Italy: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 78
Figure 47. UK: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 80
Figure 48. Russia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 82
Figure 49. Rest of Europe: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 84
Figure 50. APAC: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 87
Figure 51. APAC: Thermal Scanners Market Revenue Share, by Type (2019 and 2027) 87
Figure 52. APAC: Thermal Scanners Market Revenue Share, by Wavelength (2019 and 2027) 88
Figure 53. APAC: Thermal Scanners Market Revenue Share, by End-Use (2018 and 2027) 89
Figure 54. APAC: Thermal Scanners Market Revenue Share, by Key Country (2019 and 2027) 90
Figure 55. Australia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 91
Figure 56. China: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 93
Figure 57. India: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 95
Figure 58. Japan: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 97
Figure 59. South Korea: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 99
Figure 60. Rest of APAC: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 101
Figure 61. MEA: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 103
Figure 62. MEA: Thermal Scanners Market Revenue Share, by Type (2019 and 2027) 104
Figure 63. MEA: Thermal Scanners Market Revenue Share, by Wavelength (2019 and 2027) 105
Figure 64. MEA: Thermal Scanners Market Revenue Share, by End-Use (2018 and 2027) 106
Figure 65. MEA: Thermal Scanners Market Revenue Share, by Key Country (2019 and 2027) 107
Figure 66. Saudi Arabia: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 108
Figure 67. UAE: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 110
Figure 68. South Africa: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 112
Figure 69. Rest of MEA: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 114
Figure 70. SAM: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 117
Figure 71. SAM: Thermal Scanners Market Revenue Share, by Type (2019 and 2027) 117
Figure 72. SAM: Thermal Scanners Market Revenue Share, by Wavelength (2019 and 2027) 118
Figure 73. SAM: Thermal Scanners Market Revenue Share, by End-Use (2018 and 2027) 119
Figure 74. SAM: Thermal Scanners Market Revenue Share, by Key Country (2019 and 2027) 120
Figure 75. Brazil: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 121
Figure 76. Argentina: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 123
Figure 77. Rest of SAM: Thermal Scanners Market – Revenue and Forecast to 2027 (US$ Million) 125
Figure 78. Impact of COVID-19 Pandemic in North American Country Markets. 128
Figure 79. Impact of COVID-19 Pandemic in Europe Country Markets. 129
Figure 80. Impact of COVID-19 Pandemic in Asia Pacific Country Markets. 130
Figure 81. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets. 131
Figure 82. Impact of COVID-19 Pandemic in South America Country Markets. 132
The List of Companies - Thermal Scanner Market
- FLIR Systems, Inc.
- AMETEK Inc.
- Robert Bosch GmbH
- 3M
- Leonardo
- Electro Optics Industries
- Infrared Cameras Inc.
- Thermoteknix Systems Ltd.
- Seek Thermal Inc.
- Fluke Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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