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Global Thermal Scanners Market to reach USD 7.3 billion by 2027.

Global Thermal Scanners Market Size study, by Type (Handheld, Fixed), by Wavelength (Short-Wave Infrared (SWIR), Mid-Wave Infrared (MWIR), Long-Wave Infrared (LWIR)), by End use (Industrial, Healthcare, Aerospace & Defense, Automotive, Oil & Gas, Commercial, Others)and Regional Forecasts 2021-2027

Product Code: ECE-90225170
Publish Date: 10-09-2021
Page: 200

Global Thermal Scanners Market is valued at approximately USD 4.1 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 8.6 % over the forecast period 2021-2027. A thermal scanner is a non-invasive infrared imaging device that creates an image of the heat emitted by a body to detect and record temperature. It detects infrared energy and converts it to electrical signals, resulting in thermal pictures and temperature readings. It is generally used for mechanical equipment monitoring and inspections, as well as for determining human body temperature. With virus-specific assays, thermal cameras can give a more efficient, discrete, and effective means to identify persons. Thermal screening technology is used by facilities such as transportation agencies, factories, enterprises, and government offices as part of Employee Health and Screening (EH&S) and as an Elevated Body Temperature (EBT) detection tool. As numerous industries prepare to reopen during the shutdown, preventive precautions such as utilizing thermal cameras to screen staff are being adopted. The usage of these devices in residential and commercial complexes has been mandated by governments in some regions. As a result of this rising demand, market growth is predicted to accelerate over the estimated years. Amazon.com, Inc., an e-commerce behemoth, uses thermal scanning sensors to screen personnel at its facilities. Because the corporation delivers crucial commodities all over the world, thermal scanners have been installed in at least six warehouses outside of Los Angeles and Seattle. Whole Foods Market Inc., a worldwide grocery chain based in the United States, has also begun to employ similar devices in its locations. The usage of thermal scanners for screening has been confirmed by General Motors Company and Wynn Resorts Ltd. Other companies exploring the usage of thermal camera solutions that could be used after the pandemic include Tyson Foods Inc. and Intel Corp. Companies are launching new products in order to expand their product portfolios, expand their manufacturing capabilities, and give competitive distinctiveness. Seek Thermal Inc. recently announced the availability of thermal cameras for test and measurement and security surveillance applications in December 2019. Previously, the company worked with the Los Angeles Fire Department to deliver RevealFirePRO to each of the firemen, giving them clear view into the burning structure and assisting in the safe evacuation. FLIR Systems, Inc. released the FLIR T860 thermal camera with integrated inspection route software in September 2019. However, export restrictions imposed on thermal imaging products may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global Thermal Scanners Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to the presence of numerous historical monuments, commercial as well as residential buildings in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to various vendors offering low-cost solutions across the region.

Major market player included in this report are:

FLIR Systems, Inc.
Fluke Corporation
Leonardo S.p.A.
Axis Communications AB
Optotherm, Inc.
Seek Thermal
Thermoteknix Systems Ltd.
3M Company
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
By Wavelength:
Short-Wave Infrared (SWIR)
Mid-Wave Infrared (MWIR)
Long-Wave Infrared (LWIR)
By End use:
Aerospace & Defense
Oil & Gas
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018,2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Thermal Scanners Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Thermal Scanners Market , by Region, 2019-2027 (USD Billion)
1.2.2. Thermal Scanners Market , by Type, 2019-2027 (USD Billion)
1.2.3. Thermal Scanners Market , by Wavelength, 2019-2027 (USD Billion)
1.2.4. Thermal Scanners Market , by End use, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Thermal Scanners Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Thermal Scanners Market Dynamics
3.1. Thermal Scanners Market Impact Analysis (2019-2027)
3.1.1. Market Drivers Increasing demand for thermal scanners at airports for coronavirus detection Rising expenditure in aerospace and defense sector from governments worldwide
3.1.2. Market Restraint Export restrictions imposed on thermal imaging products
3.1.3. Market Opportunities Increase in adoption of thermal scanners in healthcare applications
Chapter 4. Global Thermal Scanners Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Thermal Scanners Market , by Type
5.1. Market Snapshot
5.2. Global Thermal Scanners Market by Type , Performance – Potential Analysis
5.3. Global Thermal Scanners Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Thermal Scanners Market , Sub Segment Analysis
5.4.1. Handheld
5.4.2. Fixed
Chapter 6. Global Thermal Scanners Market , by Wavelength
6.1. Market Snapshot
6.2. Global Thermal Scanners Market by Wavelength, Performance – Potential Analysis
6.3. Global Thermal Scanners Market Estimates & Forecasts by Wavelength 2018-2027 (USD Billion)
6.4. Thermal Scanners Market , Sub Segment Analysis
6.4.1. Short-Wave Infrared (SWIR)
6.4.2. Mid-Wave Infrared (MWIR)
6.4.3. Long-Wave Infrared (LWIR)
Chapter 7. Global Thermal Scanners Market , by End use
7.1. Market Snapshot
7.2. Global Thermal Scanners Market by End use, Performance – Potential Analysis
7.3. Global Thermal Scanners Market Estimates & Forecasts by End use 2018-2027 (USD Billion)
7.4. Thermal Scanners Market , Sub Segment Analysis
7.4.1. Industrial
7.4.2. Healthcare
7.4.3. Aerospace & Defense
7.4.4. Automotive
7.4.5. Oil & Gas
7.4.6. Commercial
7.4.7. Others
Chapter 8. Global Thermal Scanners Market , Regional Analysis
8.1. Thermal Scanners Market , Regional Market Snapshot
8.2. North America Thermal Scanners Market
8.2.1. U.S. Thermal Scanners Market Type breakdown estimates & forecasts, 2018-2027 Wavelength breakdown estimates & forecasts, 2018-2027 End use breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Thermal Scanners Market
8.3. Europe Thermal Scanners Market Snapshot
8.3.1. U.K. Thermal Scanners Market
8.3.2. Germany Thermal Scanners Market
8.3.3. France Thermal Scanners Market
8.3.4. Spain Thermal Scanners Market
8.3.5. Italy Thermal Scanners Market
8.3.6. Rest of Europe Thermal Scanners Market
8.4. Asia-Pacific Thermal Scanners Market Snapshot
8.4.1. China Thermal Scanners Market
8.4.2. India Thermal Scanners Market
8.4.3. Japan Thermal Scanners Market
8.4.4. Australia Thermal Scanners Market
8.4.5. South Korea Thermal Scanners Market
8.4.6. Rest of Asia Pacific Thermal Scanners Market
8.5. Latin America Thermal Scanners Market Snapshot
8.5.1. Brazil Thermal Scanners Market
8.5.2. Mexico Thermal Scanners Market
8.6. Rest of The World Thermal Scanners Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. FLIR Systems, Inc. Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Fluke Corporation
9.2.3. Leonardo S.p.A.
9.2.5. Opgal
9.2.6. Axis Communications AB
9.2.7. Optotherm, Inc.
9.2.8. Seek Thermal
9.2.9. Thermoteknix Systems Ltd.
9.2.10. 3M Company
Chapter 10. Research Wavelength
10.1. Research Wavelength
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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