Portland, OR, Nov. 18, 2022 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global handheld thermal imager market generated $3.7 billion in 2021, and is projected to reach $9.1 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031. The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape, and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
Download Free Sample - https://www.alliedmarketresearch.com/request-sample/31865
Handheld Thermal Imager Industry Report Coverage & Details:
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $3.7 billion |
| Market Size in 2031 | $9.1 billion |
| CAGR | 9.9% |
| No. of Pages in Report | 335 |
| Segments Covered | End-use industry, product type, application, wavelength type, and region |
| Drivers | Increase in the adoption of thermal imaging for quality control & inspection |
| Rise in defense expenditure | |
| Opportunities | Extensive use of thermal imager for safety & security |
| Surge in the use of thermal camera for diagnostics and maintenance | |
| Restrains | Extortionate capital and maintenance cost |
| Limitation in operating expenditure |
COVID-19 Scenario:
- The outbreak of COVID-19 has had a negative impact on the growth of the global handheld thermal imager market, owing to the occurrence of lockdown in various countries across the globe.
- Lockdowns resulted in the closure of various manufacturing facilities, including those of handheld thermal imagers, which adversely impacted the growth of the market.
- In addition, shortage of workforce and raw materials due to ban on import and export of items further aggravated the impact on the market during the pandemic.
- These restrictions were imposed by the government to curb the spread of the virus during the pandemic.
- However, the market is expected to recover soon.
The report offers detailed segmentation of the global handheld thermal imager market based on end-use industry, product type, application, wavelength type, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
Based on end-use industry, the defense segment held the largest market share in 2021, holding more than one-third of the global market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 10.7% during the forecast period. The report also analyses other segments such as Public Safety, Industrial, and others.
Interested to Procure the Research Report? Inquire Before Buying - https://www.alliedmarketresearch.com/purchase-enquiry/31865
Based on product type, the uncooled thermal imager segment held the largest market share in 2021, holding nearly three-fourths of the global market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 10.3% during the forecast period. The report also analyses other segments such as the cooled thermal imager segment.
Based on application, the security and surveillance segment held the largest market share in 2021, holding nearly half of the global market, and is expected to maintain its leadership status during the forecast period. The detection and measurement segment, on the other hand, is expected to cite the fastest CAGR of 10.8% during the forecast period.
Based on region, the market across Asia-Pacific region held the dominating market share in 2021, holding more than one-third of the global market, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 10.6% during the forecast period. The report also analyses other regions such as North America, Europe, and LAMEA.
The key players analyzed in the global handheld thermal imager market report include American Technologies Network Corporation, Axis Communications AB, BAE Systems Plc., Elbit Systems Ltd., Fluke Corporation, L3Harris Technologies, Inc., Leonardo S.p.A., Opgal Optronic Industries Ltd., Raytheon Technologies Corporation, Safran S.A., Seek Thermal Inc., Teledyne FLIR LLC, Testo SE & Co. KGaA, Thales Group, and Thermoteknix Systems Ltd.
Procure The Research Report - http://bit.ly/3EDzki7
The report analyzes these key players in the global handheld thermal imager market. These market players have made effective use of strategies such as joint ventures, collaborations, expansion, new product launches, partnerships, and others to maximize their foothold and prowess in the industry. The report is helpful in analyzing recent developments, product portfolio, business performance and operating segments by prominent players in the market.
Similar Reports We Have on Military Industry:
Military Software Market Research Report 2022-2030
Military Simulation and Training Market Research Report 2022-2030
Military Laser System Market Research Report 2022-2030
Military Power Solutions Market Research Report 2022-2030
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies, and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
