According to MarkNtel Advisors, the Global Thermal Imaging Market for Mobility is expecting around 14.10% CAGR during 2022-27. The market growth attributes primarily to the increasing demand for thermal imaging cameras across numerous businesses for quality surveillance & security. In addition, the integration of artificial intelligence in thermal cameras is also likely to create significant growth opportunities for the market in the coming years. For instance:
In such scenarios, thermal cameras play a prominent role in increasing visibility & allowing drivers to make accurate decisions, further states the research report, “Global Thermal Imaging Market for Mobility Analysis, 2022.”
Long Range Thermal Cameras to Dominate the Global Market during 2022-27
Thermal cameras with Long-Range wavelengths are projected to attain the highest market share during 2022-27, mainly due to technological advancements in these cameras, coupled with their surging adoption in security & surveillance applications.
Long-range cameras offer more benefits than mid-range or short-range cameras, such as 4times penetration through fog & humidity than mid-range thermal cameras and better image formation in cold temperatures. Moreover, they allow ground troops to move & act during operations and combine safety & efficiency in the best ways, owing to which they are utilized widely in the defense sector
FLIR Systems to Remain Predominant in the Global Thermal Imaging Market for Mobility through 2027
'FLIR Systems' is a prominent leader in designing, manufacturing, and marketing Thermal Imaging Infrared Cameras in the Global Thermal Imaging Market for Mobility. FLIR’s initial venture into thermal imaging for automotive use has evolved to an integrated thermal imaging system, which provides additional situational awareness & safety for Advanced Driver-Assist Systems (ADAS). It includes the advancement of robust thermal imaging datasets that allow the machine vision distribution in the infrared spectrum as part of comprehensive artificial intelligence technology stacks. The burgeoning application of thermal cameras manufactured by FLIR Systems in government & defense, industrial, and commercial sectors has been significantly contributing to the growth of the global market for many years, reveals MarkNtel Advisors in their research report, "Global Thermal Imaging Market for Mobility Analysis, 2022."
Key Market Competitors
According to MarkNtel Advisors, the leading players in the Global Thermal Imaging Market for Mobility are Leonardo, Xenics, L3Harris Technologies, Inc., HGH Infrared System, Opgal, Tonbo Imaging Pvt. Ltd., JENOPTIK AG, Veoneer Inc., Axis Communications AB, Workswell, InfraTec GmbH Infrarotsensorik und Messtechnik, Excelitas Technologies Corp., Stonkam Co. Ltd., and Lynred.
Key Questions Answered in the Study