The thermal scanner market was worth US$ 4.5 Billion in the year 2022 and is expected to reach US$ 11.8 Billion by the year 2032 at a CAGR of 10% between 2022 and 2032.
The pandemic and post-pandemic era is more into usage of thermal scanners with aerospace and defense sector being at the forefront. These days, facilities like transportation agencies, government offices, businesses, and factories make use of thermal screening technology as a part of EH&S (Employee Health and Screening) and EBT (Elevated Body Temperature) detection method.
With various industries having re-opened post-Covid, thermal scanners are being used to screen employees. The governments are pressing on usage of such devices in commercial and residential complexes.
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Amazon.com, Inc. is making use of thermal scanners at warehouses to screen the workers. It has such scanners in 6 warehouses outside Seattle and Los Angeles. Whole Foods Market Inc. is also using these devices at stores. Wynn Resorts Ltd. and General Motors Company have gone on records to state that thermal scanners are used for screening. The other companies deploying scanners are Intel Corp. and Tyson Foods Inc. These days, low-pricing technology is in the offing; which is another factor driving the market. In the automotive sector, thermal scanners could be used for detecting animals at the animal crossing, especially at night.
At the same time, the fact that some economies do impose restrictions on utilization of thermal scanners without appropriate warrant can’t be ignored. Such legal complications are expected to restrain the thermal scanners market going forward.
Future Market Insights has entailed these findings with future prospects in its latest market study entitled ‘Thermal Scanners Market’. It has its dedicated team of analysts and consultants with an eagle’s eye view in its primary, secondary, and tertiary modes of research.
“The fact that thermal cameras are capable of providing a discrete, more efficient, and effective way of identifying individuals pertaining to virus-specific tests is expected to accelerate the thermal scanners market”, says an analyst from Future Market Insights.
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Key Takeaways from Thermal Scanners Market
- North America holds the largest market share with the US being subject to tremendous expansion of defense vertical. Canada is also progressing on this count. British Columbia Ferry Services Inc., in August 2019, completed installation of thermal imaging cameras for monitoring threatened marine mammals.
- The Asia-Pacific is expected to grow at the quickest rate in the thermal scanners market, especially in the post-pandemic era when preventive measures are looked upon as a better course of action as compared to the curative ones. India, China, Malaysia, Indonesia are the good examples over here.
- Europe and MEA are expected to grow in thermal scanners market on the back of increasing usage on their part in surveillance and security apps.
Competitive Thermal Scanners
- FLIR Systems, Inc., in February 2020, came up with FLIR A8580 series of the thermal cameras designed for industrial, science, military, and product research and research. The solution does record blur-free views of the high-speed objects, and makes way for a wide variety of precise, motorized, and manual lenses. It also works well with new-fangled FLIR thermal analysis software.
- Thermoteknix Systems Ltd., in September 2019, came up with ClipIR XD (a clip-on thermal imager with built-in external video input, extended performance, and DMC (Digital Magnetic Compass).
- Seek Thermal Inc., in December 2019, did announce launching thermal cameras for measurement and testing, and security surveillance applications. Before that, company entered into collaboration with Los Angeles Fire Department for providing RevealFirePRO to firefighters, thereby rendering clear visibility in the burning structure and aid in safe evaluation.
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What does the Report mention?
- The research study is based on product (fixed/mounted and handheld/portable), technology (cooled and uncooled), application (thermography, surveillance, firefighting, personal vision system, ruggedized smartphone, military, and likewise), wavelength (LWIR (long-wave infrared), MWIR (mid-wave infrared), and SWIR (short-wave infrared)), and price range (high/premium and mid-range/economy).
- With aerospace and defense sector increasingly using thermal scanners for surveillance and security applications, the global thermal scanners market is slated to grow on an irresistible note in the forecast period.
Market Segmentation
By Product
- Fixed/ Mounted
- Handheld/ Portable
By Technology
- Cooled
- Uncooled
By Application
- Thermography
- Surveillance
- Firefighting
- Personal Vision System
- Ruggedized Smartphone
- Military
- Others
By Wavelength
- Long-Wave Infrared (LWIR)
- Mid-wave Infrared (MWIR)
- Short-wave infrared (SWIR)
By Price Range
- High/Premium
- Mid-Range/ Economy
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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