Thermal Imaging Market

Thermal Imaging Market Size by Type (Cameras, Modules, and Scopes), By Application (Security & Surveillance, Monitoring & Inspection, and Detection), By Industry (Aerospace & Defense, Automotive, Healthcare and Others), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2023 to 2032

Base Year: 2022 Historical Data: 2019-21
  • Report ID: TBI-13946
  • Published Date: Jan, 2024
  • Pages: 237
  • Category: Information Technology & Semiconductors
  • Format: PDF
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The global thermal imaging market was valued at USD 3.61 billion in 2022 and is anticipated to grow at a CAGR of 6.2% from 2023 to 2032. The technology of thermal imaging, sometimes referred to as infrared thermography, is used to record and display the infrared radiation that surfaces and objects remotely. With the use of this advanced imaging technology, temperature changes may be identified and reproduced, offering important new information about the primary characteristics of the subjects being watched. Initially, thermal imaging is entitled to seeing and analyzing the characteristics of various objects, from inanimate objects to living things, to learn more about their properties. Even in low-visibility situations, thermal imaging uses infrared radiation or thermal energy to create images of objects. Thermal imaging uses thermal cameras, which can rapidly and accurately scan and show the temperature distribution of electrical and mechanical equipment.

Market Introduction:

Fundamentally, thermodynamics and the idea that all objects radiate infrared light due to their transpiration underpin thermal imaging. An object's internal atoms and molecules vibrate and rotate, which naturally results in the emission of infrared radiation. Thermal imaging systems can detect and translate these infrared signals into visible images by using specially equipped equipment known as thermal cameras or infrared cameras. This allows the systems to create a total map of the studied sequence. This total map, frequently depicted using a colour scale, allows viewers to see patterns and fluctuations in time. The capacity of total imaging to operate in total darkness is one of its unique characteristics. Since infrared radiation does not require outsidе light, unlike visible light, it is especially useful for thermal imaging when there is little or no light. This feature has important ramifications for various applications, including military and surveillance activities and security and rescue efforts.

Thermal Imaging Market Size

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Recent Development
  • 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).
  • In April 2022: Dahua Technology Co., Ltd. introduced the M Series Thermal Monocular Camera Series. To meet the varied needs of its customers, the M Series has three model alternatives, the M20, M40, and M60, with differing image resolutions and many models with various lenses. This advanced series offers excellent thermal imaging performance in a small, easy-to-use gadget, making it a perfect option for various thermal imaging field tasks.

Market Dynamics:


Growing Need for Surveillance and Security Solutions - The demand for sophisticated surveillance and security systems has been driven by growing security concerns, which have caused the global security landscape to change quickly. Thermal imaging technology has become a vital part of contemporary security systems as a solution to these issues. Its capacity to function well in low- or no-light situations has made it an essential instrument for various applications, such as border control, public safety, military and defense operations, and infrastructure protection. By using infrared radiation detection, thermal imaging technology generates images based on the significant differences between objects and their surroundings. In contrast to conventional visual light cameras, thermal imaging cameras can take crisp pictures in difficult lighting circumstances, such as total darkness, fog, and smoke. They are extremely valuable in security applications where visibility is restricted because of this capacity. This is the primary factor for the market growth and development.


High Initial Costs – The high initial costs of purchasing thermal cameras and related equipment are one of the main issues facing the thermal imaging market. High production and development costs result from advanced technology and special parts. Because of this, the initial outlay needed to put the thermal imaging systems into place can be a major obstacle, particularly for small and medium-sized businesses (SMEs) or other organizations with limited funding. The limited use of thermal imaging technology due to its high sensitivity in some market sectors is impairing the market's growth and development. This factor is restraining the market growth and development.


Expanding Usage in Healthcare and Medical Diagnostics - In the healthcare industry, thermal imaging has grown in importance as a tool for monitoring and diagnosis. Thermal cameras are used in medical thermography to identify temporary changes linked to several ailments, such as circulation problems and inflammation. The non-contact aspect of thermal imaging is one of its main benefits in the medical field. Convenient diagnostic techniques frequently call for direct physical contact with the patient, which may be intrusive or uncomfortable. On the other hand, thermal imaging makes it possible to detect tissue remotely, which is especially useful for patients who might be sensitive to physical contact or for body parts where direct contact is difficult. Thermal imaging can also be used to continuously monitor changes in time by giving real-time data. This continuous monitoring is valuable in various medical settings, including intensive care units and surgical procedures, where timely identification of time fluctuations can be important for patient care.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America region emerged as the most prominent global Thermal imaging market, with a 34.0% market revenue share in 2022. U.S. is the key country contributing towards the regional market growth and development. North America's defense and security industries mostly drive the need for traditional imaging technologies. The sophisticated defense capabilities of nations like the United States and the continuous emphasis on border security and surveillance fuel the adoption of thermal imaging technology. High-performance systems are in high demand due to law enforcement, border control, and military use. Beyond military use, industrial imaging is widely used in commercial and industrial settings in North America. Thermal imaging is used in manufacturing, aerospace, and automotive industries for process monitoring, quality assurance, and practical maintenance. The wide range of uses for thermal imaging technology in the commercial sector includes building diagnostics and energy auditing. The regional market players also engage in various market strategies such as product innovation, product differentiation, mergers, acquisitions, partnerships, and strategic alliances to maintain their competitive edge.

North America Region Thermal Imaging Market Share in 2022 - 34.0%

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  • In October 2022: Supernal and BAE Systems recently partnered to work on the flight control computer design and development for Supernal's electric Vertical Takeoff and Landing (VTOL) vehicle. This collaboration will combine BAE Systems' avionics and flight control systems experience with Supernal's cutting-edge eVTOL technology to develop a state-of-the-art flight control computer designed exclusively for electric vertical takeoff and landing aircraft.
Type Segment Analysis

The type segment includes cameras, modules, and scopes. The cameras segment dominated, with a market share of around 55% in 2022. Due to its adaptability and effective use in numerous industries, the traditional camera market has expanded to become the most profitable sub-segment. These companies have been widely employed in the commercial sector to identify and stop unethical business practices. A sizable number of residential apartments have also been put in the residential area to provide the occupants with the maximum level of safety possible. Another significant use of these cameras in the military and defense industries is to provide maximum security in restricted areas.

Application Segment Analysis

The application segment is bifurcated into security & surveillance, monitoring & inspection, and detection. The security & surveillance segment dominated, with a market share of around 53% in 2022. Applications for monitoring and detection are essential in industrial environments, and they greatly increase this sector's market share. Thermal imaging finds extensive application in the manufacturing, petrochemical, and utility industries for practical maintenance. By kееping an eye out for unusual temperature in infrastructure and equipment, one may practice downtime and maximize operational efficiency by identifying the problems before they become more severe. Thermal imaging is a commonly used technique for mechanical and electrical system inspections. Maintenance personnel can spot loose connections and possible breakdowns using heat pattern visualization.   

Industry Segment Analysis

The industry segment is bifurcated into aerospace & defense, automotive, healthcare and others. The aerospace & defense segment dominated, with a market share of around 57% in 2022. Rapid growth in the aerospace and defense sectors is driven by the growing significance of maintaining strict safety criteria. This growth is anticipated to continue during the forecast period. The military and defense sector widely use thermal imaging to monitor border patrols and apprehend criminals. Modern instructions are widely used in the defense and aviation industries, especially for quality control and fault investigation tasks. Thermal imagers can be used to diagnose defects in the wings, fuel usage, and blades. Additionally, thermography testing is performed on aerospace composite materials to detect any issues before they become serious.

Some of the Key Market Players:
  • Axis Communications AB
  • Leonardo DRS
  • BAE Systems, Inc.
  • Honeywell International Inc.
  • Raytheon Technologies Corporation
  • Teledyne FLIR LLC
  • Safran Group
  • Lockheed Martin Corporation
  • Testo SE & Co. KGaA
  • Lynred USA
  • Thermoteknix Systems Ltd.

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2022 USD 3.61 Billion
Market size value in 2032 USD 6.59 Billion
CAGR (2023 to 2032) 6.2%
Historical data 2019-2021
Base Year 2022
Forecast 2023-2032
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Type, Application, Industry

Frequesntly Asked Questions

As per The Brainy Insights, the size of the thermal imaging market was valued at 3.61 billion in 2022 to USD 6.59 billion by 2032.

The global thermal imaging market is growing at a CAGR of 6.2% during the forecast period 2023-2032.

North America region became the largest market for thermal imaging.

The technological advancement within the sector is influencing the market's growth.

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This study forecasts revenue at global, regional, and country levels from 2019 to 2032. The Brainy Insights has segmented the global thermal imaging market based on below-mentioned segments:

Global Thermal Imaging Market by Type:

  • Cameras
  • Modules
  • Scopes

Global Thermal Imaging Market by Application:

  • Security & Surveillance
  • Monitoring & Inspection
  • Detection

Global Thermal Imaging Market by Industry:

  • Aerospace & Defense
  • Automotive
  • Healthcare
  • Others

Global Thermal Imaging Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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