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Thermal Scanners Market Growing Fast

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Thermal Scanners Market is estimated to grow from USD 4.1 billion in 2020 to USD 6.2 billion by 2025, at a CAGR of 8.6%. – PowerPoint PPT presentation

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Title: Thermal Scanners Market Growing Fast


1
MarketsandMarkets Presents

Thermal Scanners Market Growing Fast Thermal
Scanners Market by Wavelength (LWIR, MWIR, SWIR),
Application (Thermography, Security
Surveillance, Search Rescue), Vertical
(Industrial, Commercial, Aerospace Defense,
Automotive, Healthcare), Technology, Region -
Global Forecast to 2025 https//www.marketsandma
rkets.com/Market-Reports/thermal-scanner-market-49
318625.html
2
According to the new market research report
"Thermal Scanners Market by Wavelength (LWIR,
MWIR, SWIR), Application (Thermography, Security
Surveillance, Search Rescue), Vertical
(Industrial, Commercial, Aerospace Defense,
Automotive, Healthcare), Technology, Region -
Global Forecast to 2025", published
by MarketsandMarkets, the market size of Thermal
Scanners Market is estimated to grow from USD 4.1
billion in 2020 to USD 6.2 billion by 2025, at a
CAGR of 8.6. Increasing government expenditure
on the aerospace defense sector is one of the
factors fueling the growth of this
market. Browse 104 market data Tables and 40
Figures spread through 157 Pages and in-depth TOC
on "Thermal Scanners Market - Global Forecast to
2025"
3
Thermal scanners market for uncooled
technology-based thermal products accounted for a
larger share of market in 2019 The market for
uncooled thermal products accounted for a larger
share of the thermal scanners market in 2019. The
growth of this market is attributed to the
increasing demand for uncooled thermal solutions
for commercial applications. Furthermore, the
availability of HD resolution makes uncooled
thermal solutions an ideal solution for
high-resolution applications, such as military
security and surveillance, industrial detection,
and automotive diagnostic. Moreover, they offer
long-time services due to the presence of less
moving parts. Ask PDF Brochure https//www.marke
tsandmarkets.com/pdfdownloadNew.asp?id49318625 T
hermal scanners market for SWIR thermal products
expected to grow at highest CAGR during the
forecast period The SWIR segment is projected to
lead the thermal scanners market with the highest
CAGR from 2020 to 2025. The growth is anticipated
due to several advantages offered by SWIR, such
as the ability to see through a glass,
availability in small size, and ability to see
the covert laser. Moreover, as the technological
advancements and efforts to launch new low-priced
SWIR cameras, is likely to increase the
penetration of SWIR cameras in thermal scanning
systems.
4
Thermography application accounted for the
largest share of thermal scanners market in
2019 The thermography application held the
largest share of the thermal scanners industry in
2019. The growth is attributed to the rising use
of thermal scanners at airports due to the
outbreak of coronavirus and the increasing
government expenditure in the military sector.
According to the Stockholm International Peace
Research Institute (SIPRI), in 2018, the global
military expenditure was USD 1,822 billion, which
increased by 2.6 compared to 2017. Request Free
Sample Pages https//www.marketsandmarkets.com/re
questsampleNew.asp?id49318625 APAC is expected
to grow at highest CAGR during the forecast
period APAC is expected to grow at the highest
CAGR during the forecast period. The growth of
the thermal scanners market in APAC is attributed
to the presence of regional vendors in China and
India, offering low-cost solutions, which in turn
causes a decline in prices of thermal scanning
products. Additionally, the increase in mass
production of the thermal scanners in China
supports the growth of the market along with the
presence of several OEMs. The rising demand for
thermal scanners due to the outbreak of
coronavirus in various regions in the APAC region
mainly in China, Japan, and South-East Asian
countries, would further fuel the growth of the
market.
5
Browse in-depth TOC on "Thermal Scanners
Market" 104 Tables 40 Figures 157 Pages
FLIR Systems, Inc. (US), Fluke Corporation
(US), Leonardo S.p.A. (Italy), L3HARRIS
TECHNOLOGIES, INC. (US), and Opgal (Israel), are
the key players in the thermal scanners market.
These players are increasingly undertaking
strategies such as product launches
developments, expansions, partnerships,
agreements, contracts, and mergers acquisitions
to increase their market share.
6
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7
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