With the increase in number of application areas where thermal imaging can be leveraged, demand for such imagers as well as sensors used in an integrated form by Original Equipment Manufacturers (OEMs) in the commercial market has been increasing immensely. Growing competition, increase in manufacturing efficiency and technological developments such as optic technologies, decreased sensor die size, pyroelectrics, thermopiles and many others are expected to be the key factors behind continual reduction in price of thermal cameras owing to increase in adoption across multiple commercial markets.

Major players in thermal imaging space include FLIR Systems, DRS Technologies, Sofradir, Danaher Corporation, Axis Communications, BAE Systems, Thermoteknix Systems, Testo AG and various others. These players provide innovative thermal imaging solution via integrated form primarily based on the specifications and features needed for the required application under different circumstances by an organization.

The report aims at estimating the current market size and future growth potential of this market across all major segments, i.e. solutions, applications, end users and regions. Furthermore, the report also includes in-depth analysis of the key players in ecosystem with their profiles and recent developments, major market drivers, restraints, opportunities, challenges, global adoption trends and key issues in market. It forecasts revenues and analyzes trends in each of the submarkets.

On the basis of solutions:

The thermal imaging market is segmented on the basis of solutions which include hardware, software and services.

On the basis of applications:

The market is segmented on the basis of applications such as surveillance, threat detection, surveys, automation, radiology, intelligent transportation systems, commercial and residential security, personal vision, firefighting, Research and Development (R&D), veterinary and others.

On the basis of end users:

The market is segmented on the basis of end users which include cameras shipments as well as market sizes for military and defense and commercial users.

On the basis of regions:

Regions are classified into North America (NA), Europe, Middle East and Africa (MEA), Asia Pacific (APAC) and Latin America (LA).