Global Thermal Imaging Market (2018-2023) is Forecast to Reach $4.77 Billion - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 19, 2018--The “Thermal Imaging Market - Forecasts From 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The Thermal Imaging market is projected to grow at a CAGR of 6.2% to reach US$4.776 billion by 2023, from US$3.329 billion in 2017.
The thermal imaging market will grow on account of research and development of thermal imaging products for reduction in initial and running costs.
In addition, the increasing adoption of thermal imaging in security, residential, manufacturing and inspection services will result in a boom in the market.
However, the market will see restraints because thermal imaging is still used majorly for military services which lead to many trade and export restraints on thermal imaging products.
The North American region holds a substantial share in the market due to technological advancements in military and defence, medical and manufacturing industry. The market will also see a lot of growth opportunities due to the increasing demand for thermal imaging mobile accessories and increasing adoption for commercial and residential purposes in the region.
Major industry players profiled as part of the report are FLIR Systems, Inc., Fortive, Axis Communications, Seek Thermal, Selex ES, among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Thermal Imaging Market By Component
6. Thermal Imaging Market By Industry Vertical
6.1. Military and Defense
6.3. Consumer Electronics
7. Thermal Imaging Market By Geography
7.1. North America
7.2. South America
7.4. Middle East and Africa
7.5. Asia Pacific
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Recent Investment and Deals
8.3. Strategies of Key Players
9. Company Profiles
9.1. Flir Systems Inc.
9.3. Axis Communications
9.4. Seek Thermal
9.6. Leonardo - Societ Per Azioni
9.7. L3 Technologies Inc.
9.8. BAE Systems
9.9. Testo SE & Co. KGaA
For more information about this report visit https://www.researchandmarkets.com/research/5z2pzx/global_thermal?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181219005849/en/
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SOURCE: Research and Markets
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PUB: 12/19/2018 05:09 PM/DISC: 12/19/2018 05:10 PM