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PORTLAND, ORAGON, UNITED STATES, September 15, 2022 /EINPresswire.com/ -- The global infrared (IR) & thermal imaging systems market is experiencing a significant growth due to various military applications. Infrared & thermal imaging systems enables detection of objects & people in dark situations without any ambient light. Moreover, infrared & thermal imaging systems can penetrate obscurants such as smoke, fog, and haze to generate real-time high-resolution image. Infrared & thermal imaging system use state-of-art technology to pick-up heat or infrared signatures even in critical temperature conditions. In addition, infrared & thermal imaging system is used for numerous applications such as remote sensing, space imaging, and surveillance, among others.
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Surge in military expenditure, increase in demand for high-definition thermal imaging technology, and rise in adoption of military modernization programs are the factors that drive the global infrared & thermal imaging systems market. However, high cost of equipment and stringent policies against transfer of technology hinders the market growth. On the contrary, use of thermal scanners at airports, geo-spatial analysis, and use of artificial intelligence in imaging systems present new pathways in the industry.
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Military agencies are investing in soldier borne sensor technologies for combat superiority in battlefield. Recently, in 2020, FLIR System Inc. (thermal imaging system manufacturer headquartered in Oregon, US) was awarded a contract worth 20.6 million USD from the US Army for delivery of a personal reconnaissance system called Black Hornet 3 nano UAV. Black Hornet utilizes fused thermal imaging for fusing thermal images to the visible image for increased surveillance capability. Moreover, it transmits live video to the operator and has 25 mins flight time. Such investments in thermal military systems will drive the infrared & thermal imaging systems market.
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Thermal imaging technology enables all weather day-night surveillance & imaging system. Recently, in 2020, FLIR Systems Inc. launched new high-definition mid-range surveillance system called Ranger HDC MR that utilizes medium-wave infrared (MWIR). Ranger HDC MR is a high-performance HD thermal imaging system with a 1280-by-720-pixel detector capable of seeing through fog, haze, heat & air turbulence. Further, this high-definition IR & thermal imaging system will be used for border surveillance for detecting illegal cross-border activities and counter-UAV measure. Such innovations in high-definition thermal imaging technology are expected to boost the global infrared & thermal imaging systems market.
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Key benefits of the report:
This study presents the analytical depiction of the global infrared & thermal imaging systems industry along with the current trends and future estimations to determine the imminent investment pockets. The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global infrared & thermal imaging systems market share. The current market is quantitatively analyzed from 2020 to 2027 to highlight the global infrared & thermal imaging systems market growth scenario. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. The report provides a detailed global infrared & thermal imaging systems market analysis based on competitive intensity and how the competition will take shape in coming years.
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