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Thermal Imaging Market for Mobility Industry - A Global and Regional Analysis

Focus on Applications, Products, and Country-Wise Assessment - Analysis and Forecast, 2020-2025

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The thermal imaging market for mobility industry is expected to grow at a CAGR of 13.62% during the forecast period from 2020-2025.

Industry trends that are influencing the market include thermal camera-equipped uavs adoption increases across a variety of industrial and research application, 4th generation night vision system, and increasing penetration in machine vision-based applications (uncooled IR sensors).

Factors responsible for driving the growth of the market, include rise in investment of armed force modernization worldwide, growing awareness of thermal imaging to combat accidents, and increase in production volume leading to price reduction.

Applications for which thermal imaging can be used include automotive, aerosapce and defense, and marine.

Key companies operating in the market include FLIR Systems, Inc., Leonardo, Xenics, L3HARRIS TECHNOLOGIES INC., HGH Infrared System, Opgal, Tonbo Imaging Pvt Ltd, JENOPTIK AG, Veoneer Inc., Axis Communication AB, Workswell, InfraTec GmbH, Excelitas Technologies Corp, Stonkam Co., Ltd., and Lynred.

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