Press Release Description

Global Thermal Imaging Market for Mobility to Attain Significant Growth across the Defense Sector through 2030

The Global Thermal Imaging Market for Mobility is estimated to grow at a CAGR of around 14.98% % during the forecast period, i.e., 2024-30.. 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:

  • The global automotive industry is extensively adopting thermal cameras to address issues, like inclement weather, night driving, inappropriate lighting conditions, & blinding sun glare that make classification difficult.

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, 2024.”

Thermal Imaging Market for Mobility Segmentation Analysis:

Long Range Thermal Cameras to Dominate the Global Market during 2024-30

Thermal cameras with Long-Range wavelengths are projected to attain the highest market share during 2024-30, 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

Global Thermal Imaging Market

FLIR Systems to Remain Predominant in the Global Thermal Imaging Market for Mobility through 2030

'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, 2024."

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

  1. What are the current & future trends in the Global Thermal Imaging Market for Mobility?
  2. How has the industry been evolving in terms of geography & service adoption?
  3. How has the competition been shaping across various countries, followed by their comparative factorial indexing?
  4. What are the key growth drivers & challenges for the Global Thermal Imaging Market for Mobility?
  5. What are the customer orientation, purchase behavior, and expectations from the Thermal Imaging for Mobility providers across various regions?

Market Segmentation:

  1. By Type (Integrated, Standalone)
  2. By Technology (Cooled, Uncooled)
  3. By Application (Automotive, Aerospace & Defense, Marine)
  4. By Wavelength (Short, Medium, Long)
  5. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

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