In a recent research report by Maximize Market Research, the Global Thermal Camera Market is expected to surpass US $17.24 Billion by the year 2027, from US $ 8.41 Billion in 2020.
The Global Thermal Camera Market is growing at a rapid pace owing to increased demand from all key industries. In addition, the thermal camera market is growing due to rapid advancements in thermal imaging and growing applications in defence, homeland security, medical, and commercial areas. Technology can identify objects that standard cameras might miss, eliminate blind spots, and improve the capabilities of assisted driving systems. These cameras have high-quality, lightning-fast images make them ideal for demanding working settings like electric utilities, petrochemical industries, and metallurgy. The increasing usage of thermal cameras in smart parking solutions for parking space reservation, real-time occupancy tracking, and parking insights has a beneficial impact on market share. The market’s growth will be influenced by rising demand for AI-enabled solutions in airports, stadiums, malls, and office spaces that deliver intelligent real-time parking information to operators.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the Market is observed to pick up a quick pace for registering a CAGR of almost more than 10.8%, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the Market dynamics, which could affect the Market growth of Global Thermal Camera in the region, the Value – Chain analysis, and the PORTER’s analysis for the Market at a global level.
The study is consolidated on the basis of segments and further into sub-segments, Type, Mobility and application.
Lastly, the Market research report provides a regional comparison and a complete country level analysis for the latest trends, along with the major key players- Fluke Corporation, FLIR Systems Inc, Seek Thermal, Axis Communications AB, InfraTec GmbH, Opgal Optronic Industries Ltd, PCE Instruments, Jenoptik AG, Mobotix AG, Spectric Plc, LumaSense Technologies Inc, Optris GmbH, Ulirvision Technology Co Ltd, DIAS Infrared GmbH, HikVision Digital Technology Co, Bullit Mobile Ltd, Micro-Epsilon, 3M Scott.
You can browse the Market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Thermal Camera Market.”
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