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North America Dominating the Global Thermal Imaging Market

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North America Dominating the Global Thermal Imaging Market

May 17
13:31 2022
North America Dominating the Global Thermal Imaging Market
Thermal imaging market
The thermal imaging market is projected to grow from USD 3.6 billion in 2021 and is expected to reach USD 4.7 billion by 2026, growing at a CAGR of 5.5%

Thermal imaging is a technology that can be used to visualize the internal temperature of objects. This can be useful for a variety of purposes, such as detecting fires or monitoring the health of livestock. In recent years, thermal imaging has become increasingly popular in North America, due in part to the high demand for this technology in the region. This article provides an overview of the global thermal imaging market and focuses on North America.

The major factors contributing to North America’s dominance in the thermal imaging market are the increasing demand for security and surveillance systems, the growth of industrial sectors such as oil and gas, and the increasing adoption of thermal imaging technology by leading companies. The region is also benefitting from the increasing investments made by key players in this market.

Benefits of thermal imaging

Thermal imaging has many benefits that can be used in a variety of industries. One of the most important benefits is that thermal imaging can help identify hot spots and areas of excessive heat. This information can then be used to make changes to the environment or equipment to reduce the amount of heat being produced. Thermal imaging also helps to identify potential problems with equipment or structures, saving time and money in the long run.

Thermal imaging market by technology

Thermal imaging technology is used to obtain images that show details about objects or environments that are not visible to the naked eye. This technology is used in a wide range of applications, including security, industrial, and transportation monitoring. Thermal imaging has been increasingly adopted by businesses for its ability to provide clear images that can help them identify potential threats or vulnerabilities. Additionally, thermal imaging technology is cost-effective, making it an ideal solution for medium-sized and small businesses.

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Thermal imaging market by application

The thermal imaging market is expected to grow from 3.6 billion in 2021 and is expected to reach USD 4.7 billion by 2026, at a CAGR of 5.5% during the forecast period. The growth is attributed to the increasing use of thermal imaging for security and industrial applications.

Thermal imaging technology is used to detect objects or events that are not visible with the naked eye. It has been used extensively in military and security applications, such as airport security, homeland security, traffic monitoring, and border control. The increasing use of thermal imaging for various industrial applications is fueling the growth of the global thermal imaging market. These applications include manufacturing plants, mining operations, and oil refineries.

Some of the prominent players in the thermal imaging market are FLIR Systems (US), Fluke Corporation (US), Leonardo (Italy), L3HARRIS TECHNOLOGIES (US), United Technologies (US), Axis Communications (Sweden), BAE Systems (UK), Opgal (Israel), Testo (Germany), Xenics (Belgium), Thermoteknix Systems (UK), and so on.

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