According to a research report titled ‘Thermal Imaging Market Size By Product (Handheld/Portable Camera, Fixed/Mounted Core, Scopes & Vision Goggles), By Technology (Cooled, Uncooled), By End-Use (Automotive, Commercial, Government & Defense, Healthcare & Life Science, Industrial, Residential), By Application (Detection & Measurement, Monitoring & Inspection, Personal Vision System, Search & Rescue, Security & Surveillance), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’ , available with MarketStudyReport, thermal imaging market is anticipated to grow substantially over 2020-2026.
 

Surging demand for technology from various industries like government & defense and automotive is likely to propel thermal imaging market growth in the coming years.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/1171788/
 

Notably, thermal imaging uses thermal energy and infrared radiation to gather information on subject to create their images in low-visible surroundings. This technology is often used as a night vision technology. It can also see through obscurants such as fog, smoke, and haze. These advantages ensure that the technology is more widely adopted, which along with declining costs, and surveillance requirements across verticals are impelling the industry share.
 

On the downside, lack of accuracy, in consort with strict import & export regulations are acting as major impediments for the market expansion.
 

Based on product segment, the handheld/portable camera segment is expected to have modest expansion over the forecast period, with benefits such availability of pocket-friendly smartphone dongles like FLIR One and shortfalls such as inability of these cameras to function properly in water and glass, particularly at higher temperatures.
 

Speaking of technology terrain of global thermal imaging market, cooled segment is slated to gain traction in the coming years, as the integration of this technology in CCTV cameras improves surveillance for major infrastructure and military applications.
 

On the basis of end-user, automotive diagnostics segment is poised to drive the demand for the entire thermal imaging industry through 2026. The gadget is used to improve airbag system designs, evaluate HVAC system efficiency, check welds & bonds for quality, and calculate the thermal consequences of operation on vehicle tyres.
 

Based on application scope, the detection & measurement segment is likely to have considerable growth over the forecast timeframe, on account of usage in temperature measurement across manufacturing & production facilities for high quality maintenance.
 

Considering the regional outlook, Latin America thermal imaging industry is anticipated to grow substantially over 2020-2026, as the governments in Brazil, Mexico, and Colombia are increasing their defense budgets in response to rising crime rates, and widespread use of infrared cameras for domestic security applications.
 

Major players in the industry are BAE Systems plc, Leonardo DRS, Teledyne FLIR LLC, Raytheon Technologies Corporation, 3M Scott Fire & Safety, American Technologies Networking Corporation, Allied Vision Technologies GmbH, Avon Protection Systems Inc., Axis Communications AB, Cox Communications Inc., Drägerwerk AG & Co. KGaA, Fluke Corporation, General Starlight Company Inc., L3Harris Technologies Inc., Magnity Electronics Co. Ltd., Opgal Optronic Industries Ltd., Palmer Wahl Instruments Inc., Seek Thermal Inc., Testo SE & Co. KGaA, Thermoteknix Systems Ltd., Tonbo Imaging Pvt Ltd., ULIS, Wuhan Guide Infrared Co. Ltd., Xenics NV, and Zhejiang Dali Technology Co. Ltd.