Thermal Imaging Systems Market Segmentation By Technology (Cooled and Uncooled); By Modality (Handheld Imaging Devices and Systems and Fixed Mounted Systems); By Solutions (Hardware, Software and Services); By End-User (Automotive, Government & Defense, Healthcare & Life Science, Maritime, Security, Research and Development, Construction & Building and Others); By Application - Global Demand Analysis & Opportunity Outlook 2027

Global Thermal Imaging Systems Market Overview

Thermal imaging systems are like thermal cameras that can sense and identify any amount of difference in the temperate of the subject by calculating the infrared energy emitted by it. The images obtained are known as thermograms that are the visual display of the infrared energy emission amount as well as transmission and reflection quantity by an object. These systems consists of a camera that holds the capability of interpreting the data by performing algorithms in order to build an image and they work on the principle of natural phenomenon of radiant heat exchange which takes place all the time and everywhere. Thermal imaging is extensively used in defense industry on the back of its property of catching moving targets in real time by temperature comparison over a large area and giving a visual picture.

Market Size & Forecast

The thermal imaging systems market is anticipated to record a CAGR of 8.1% over the forecast period. Many advantageous properties of these systems are extensively exploited in the field of defense and security on regular basis. New uses of these systems are being discovered for a range of industries which is expected to drive the market growth rapidly. Further, many multi-national companies are concentrating towards new product advances in thermal imaging systems in order to offer competitive scaling and comparatively better systems. At present, the thermal imaging systems market is observing a vibrant growth on the back of increasing demand for security and surveillance systems around the world. On the basis of regional platform, the global thermal imaging systems market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America market is panned to observe significant growth on account of increasing military modernization to grasp a strong foothold for military superiority and is estimated to be followed by Europe’s market due to growing requirement of thermal imaging systems in defense as well as in commercial applications across the region. Asia Pacific is expected to positively impact the growth of the market owing to increasing applications of thermal imaging systems for breast cancer detection over the forecast period. 

Growth Drivers & Challenges

Rising application for Security and Surveillance

With growing crimes and violence in various parts of the world, the homeland security forces have increased their budgets to procure the advance protective systems to offer constant feed of information to soldiers and police on the ground, which is further expected to drive the thermal imaging systems market over the forecast period. Additionally, with rising number of cross border terrorism leading to insurgency issues across the globe is resulting in military modernization programs. These factors are expected to contribute significantly towards the market shares. Moreover, rising demand for longer range, high power, advanced protective surveillance systems is expected to drive the thermal imaging systems market across the globe.

Increasing Usage in Clinical Applications

Increasing use of thermal imaging in computer aided abdominal imaging diagnosis, color analysis of thermograms for breast cancer detection, detection of breast abnormality using rotational thermography and others, are the major factors that are attributed to expand the thermal imaging systems market considerably in healthcare domain over the forecast period. The World Health Organization states that in 2018, approximately 2.1 million were diagnosed with breast cancer contributing about 11.6% of the total cancer incidence burden across the globe. The WHO also reports that breast cancer is a leading type of cancer which is expected to increase further leading to the expansion of the thermal imaging systems market during the forecast period. These systems are also used for neoplastic, metabolic, and inflammatory conditions, thyroid gland abnormalities, neuromusculoskeletal disorders and various other forms of medical imaging.

Furthermore, increasing technological advancements offering systems with higher pixel density and sensitivity, compactness, and flexibility with the ability to penetrate across new application verticals accompanied with cost efficiency is anticipated to aid the market growth across the globe. Additionally, rising commercialization with growing adoption of these devices in the automotive industry is predicted to induce further expansion in the growth of thermal imaging systems market over the forecast period.

Strict Regulatory Standards for Import/Export

However, different countries having different regulatory standards for the purpose of import and export of thermal imaging sensors used in the systems is expected to serve as a key restraint in the growth of the thermal imaging systems market over the forecast period.

Market Segmentation

Our-in depth analysis of the global thermal imaging systems market includes the following segments:

By Technology

• Cooled
• Uncooled

By Modality

• Handheld Imaging Devices and Systems
• Fixed Mounted Systems

By Solutions

• Hardware
• Software
• Services

By End-User

• Automotive
• Government & Defense
• Healthcare & Life Science
• Maritime
• Security
• Research and Development
• Construction & Building
• Others

By Application

• Detection & Measurement
• Monitoring & Inspection
• Personal Vision System
• Search & Rescue
• Security & Surveillance

By Region

Global Thermal Imaging Systems Market is further classified on the basis of region as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
• Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Top Featured Companies Dominating The Market

• BAE Systems Plc.
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Flir Systems
• L-3 Communications Holdings
• Ulis S.A.S
• Lockheed Martin
• Drs Technologies, Inc.
• Elbit Systems Ltd.
• Raytheon Company
• Sofradir Sas
• Thermoteknix Systems Ltd.
• Other Prominent Players