Published Date: 14-Apr-2020
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According to a new report Global Thermal Scanners Market, published by KBV research, The Global Thermal Scanners Market size is expected to reach $6.7 billion by 2025, rising at a market growth of 10.3% CAGR during the forecast period. With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The thermal scanners are used for scanning people for covid 19 has spur the demand for such scanners across geographies.
The fixed device segment witnessed a rapid growth rate in 2019.This market growth is due to the growing implementation of thermal scanners in the industrial and commercial industries. The recent coronavirus spread in China and other parts of South East Asia has prompted significant potential for fixed-mounted thermal scanners at airports and other crowded areas like train stations, factories, and commercial buildings.
Over the forecast period, the market in thermography thermal scanners is projected to rise at the highest CAGR. The segment is primarily used for surveillance and detection, which is expected to rise during the forecast period at the highest CAGR. The growth is associated with the growing adoption in commercial and industrial industries.
The aerospace and defense industry recorded a dominant market position in 2019. The dominance of thermal scanner products has been associated with their ability to operate in all weathers regardless of the time. They can also be used to monitor the border, to enforce police force, and to avoid and guide ship crises, as well as to control aircraft structural safety. In addition, soldiers get great help in identifying, locating, and targeting the enemy forces.
Because of an increasing demand for security and surveillance applications in these regions, North America is expected to hold the dominant market share by 2025. Due to the recent coronavirus infection epidemic in China, the Asia Pacific region would witness a boom in the application of thermal scanners in the security of airports.
Europe is the second-largest thermal scanner market in the regional segment because of the existence of lucrative automotive, healthcare and vertical industrial & manufacturing. Europe is also home to a wide range of players such as Axis Communications AB (Sweden) and Thermoteknix Systems Ltd. (UK) in the thermal scanner market.
Structural Insights: https://www.kbvresearch.com/thermal-scanners-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of FLIR Systems, Inc., Fortive Corporation (Fluke Corporation), Leonardo SpA, L3Harris Technologies, Inc., Canon, Inc. , Axis Communications AB), 3M Company (3M Scott), Ametek, Inc. (Ametek Land), Thermoteknix Systems Ltd., Seek Thermal, Inc., and Optotherm, Inc.
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