Global Infrared Thermography
Market Report
2024
The global Infrared Thermography market size is USD 98.7 billion in 2024. The Infrared Thermography market will show the strongest growth with a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. This growth can be attributed to increasing demand for predictive maintenance.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Infrared Thermography market size will be USD 98.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Infrared Thermography Market Sales Revenue 2024 | $ 98.7 Billion |
Global Infrared Thermography Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.9% |
Market Drivers:
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Market Restrains:
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Market Split by Product Type |
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Market Split by Solution Type |
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Market Split by Application |
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Market Split by Building Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Infrared Thermography Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Infrared Thermography market is rapidly expanding, driven by its broad applications in predictive maintenance, building inspections, medical diagnostics, and surveillance. Infrared thermography involves using thermal imaging cameras to detect infrared radiation and create temperature maps, enabling non-invasive, real-time analysis of thermal patterns. This technology is crucial for identifying heat anomalies, diagnosing equipment faults, improving energy efficiency, and ensuring safety in various industries. However, the market faces challenges such as high equipment costs and the need for specialized training to accurately interpret thermal images. Despite these barriers, advancements in infrared sensor technology, increasing affordability of thermal cameras, and rising awareness of preventive maintenance benefits are propelling market growth. As industries prioritize reliability, safety, and energy efficiency, infrared thermography is set to play a vital role in enhancing operational efficiency and reducing downtime, making it an indispensable tool in modern diagnostics and inspection processes.
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In June 2023, SatVu launched HOTSAT-1, a ground-breaking thermal imaging satellite. Once in orbit, this cutting-edge climate technology provides unmatched insights into business operations and energy efficiency across various sectors. SatVu advanced HOTSAT-1 to the forefront of satellite innovation by integrating state-of-the-art thermal imaging technology into its architecture in partnership with Surrey Satellite Technologies (SSTL). (Source:https://www.satellitevu.com/press/sat-vus-revolutionary-hotsat-1-set-to-launch-unleashing-unprecedented-thermal-monitoring-capabilities)
Top Companies Market Share in Infrared Thermography Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to its advanced industrial base, widespread adoption of predictive maintenance practices, and significant investments in R&D. The region's robust infrastructure, coupled with strong regulatory standards for safety and energy efficiency, drives the demand for infrared thermography solutions across various sectors.
Asia-Pacific stands out as the fastest-growing region in the Infrared Thermography market due to rapid industrialization, increasing adoption of predictive maintenance practices, and stringent regulations for energy efficiency and safety. Growing investments in infrastructure, manufacturing, and healthcare sectors further drive demand for thermal imaging technology in the region.
The current report Scope analyzes Infrared Thermography Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Infrared Thermography Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Infrared Thermography Industry growth. Infrared Thermography market has been segmented with the help of its Product Type, Solution Type Application, and others. Infrared Thermography market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, thermal camera is the dominant category due to their advanced capabilities in capturing and analyzing thermal images with precision and efficiency. These cameras offer high-resolution thermal sensing, allowing for detailed temperature measurements across large areas or in hard-to-reach locations. Their ability to detect heat anomalies and potential equipment failures quickly and non-invasively makes them invaluable for predictive maintenance, building diagnostics, and industrial inspections. As technology continues to evolve, thermal cameras are becoming more compact, affordable, and user-friendly, driving their widespread adoption across various sectors and solidifying their position as the preferred tool for infrared thermography applications. .
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Infrared Thermography from 2019 to 2031. This will also help to analyze the demand for Infrared Thermography across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Solution Type of Infrared Thermography are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Infrared Thermography Market is witnessing significant growth in the near future.
In 2023, the Thermal Cameras segment accounted for noticeable share of global Infrared Thermography Market and is projected to experience significant growth in the near future.
The Fixed segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Fluke Corporation , Nippon Avionics and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Thermal Cameras, Thermal Scopes, Thermal Modules |
Solution Type | Fixed, Handheld, Unmanned |
Application | Energy Auditing, Electrical & HVAC Systems Inspection, Structural Analysis, Insulation Inspection, Fire/Flare Detection, Others |
Building Type | Industrial, Commercial, Residential |
List of Competitors | Fluke Corporation, FLIR Systems, Nippon Avionics, Testo, Hexagon, Faro Technologies, Sirona Dental Systems, Nikon Metrology, Trimble Navigation, Topcon Corporation, Perceptron, GOM MBH, Riegl Laser Measurement Systems, Steinbichler Optotechnik, Align Technology, Infratec, Jenoptik, Keysight Technologies |
This chapter will help you gain GLOBAL Market Analysis of Infrared Thermography. Further deep in this chapter, you will be able to review Global Infrared Thermography Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Solution Type Analysis 2019 -2031
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Chapter 12 Market Split by Application Analysis 2019 -2031
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Chapter 13 Market Split by Building Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Infrared Thermography market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Thermal Cameras have a significant impact on Infrared Thermography market? |
What are the key factors affecting the Thermal Cameras and Thermal Scopes of Infrared Thermography Market? |
What is the CAGR/Growth Rate of Fixed during the forecast period? |
By type, which segment accounted for largest share of the global Infrared Thermography Market? |
Which region is expected to dominate the global Infrared Thermography Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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