Rugged Thermal Camera Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The rugged thermal cameras also known as thermal imaging cameras gives images by utilizing infrared radiation. These cameras utilize latest technology to detect thermal/ heat radiations. The rugged thermal camera finds its use in military, defense, healthcare, energy & utility, automotive, and many more industries. Factor such as lower cost for the manufacturing of technology is encouraging adoption of rugged thermal cameras in different applications like drones and smartphones.

MARKET DYNAMICS

The factor attributing toward the growth of the market includes rise in the demand of thermal cameras in perimeter monitoring systems, automatic target recognition, and other surveillance applications. This factor is positively impacting the penetration of thermal cameras and thereby influencing the market growth. In addition to this, continuous developments in infrared detectors are resulting into advancement in numerous remote infrareds & thermal sensing devices for applications including surveillance, space imaging, and remote sensing. Additionally, by combining high definition & thermal visible imaging, the rugged thermal cameras are giving users precise information. Factors mentioned above are projected to provide ample of growth opportunities to the players operating in the rugged thermal camera market.

MARKET SCOPE

The "Global Rugged Thermal Camera Market Analysis to 2031" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the rugged thermal camera market with detailed market segmentation - technology, application, end user, and geography. The global rugged thermal camera market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rugged thermal camera market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  Based on technology, the rugged thermal camera market is segmented into cooled thermal cameras, uncooled thermal cameras.

  On the basis of application, the rugged thermal camera market is segmented into security and surveillance, monitoring and inspection, detection and measurement, others.

  Based on end user, the rugged thermal camera market is segmented into government, industrial, commercial, residential.
IMPACT OF COVID-19 ON RUGGED THERMAL CAMERA MARKET
The 2021 novel coronavirus has created tremors in several industries. The tremendous growth in the spread of the virus has urged governments across the globe to impose strict restrictions on the movement of humans and vehicles. Due to mass lockdowns, travel bans, and business shutdowns, the novel outbreak has been affecting economies and myriad industries in various countries. The lockdown imposition has resulted in lesser production of goods and commodities. Semiconductor, manufacturing and many more industries have witnessed decline in their operations due to temporary shutdown of activities. The rugged thermal camera market players also experienced a slowdown in the volumes attributing to the fact that the semiconductor production units were operating with a limited workforce. This has had a negative impact on the market. In addition, temporary closure also resulted into less procurement of new rugged thermal cameras among industries during the first quarter of 2021.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global rugged thermal camera market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SAM). The rugged thermal camera market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the rugged thermal camera market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the rugged thermal camera in these regions.

MARKET PLAYERS

The reports cover key developments in the rugged thermal camera market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from rugged thermal camera market are anticipated to lucrative growth opportunities in the future with the rising demand for rugged thermal camera in the global market. Below mentioned is the list of few companies engaged in the rugged thermal camera market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the rugged thermal camera market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Axis Communications AB
  
•   Bosch Security Systems Inc.
  
•   Flir Systems Inc.
  
•   Fluke Corporation
  
•   L3 Technologies Inc.,
  
•   Opgal Optronic Industries Ltd.
  
•   SKF
  
•   Seek Thermal, Inc.
  
•   Thermoteknix Systems Ltd.
  
•   Xenics
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Rugged Thermal Camera Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology Cooled Thermal Cameras Uncooled Thermal Cameras By Application Security and Surveillance Monitoring and Inspection Detection and Measurement By End User Government Industrial Commercial Residential
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Axis Communications AB Bosch Security Systems Inc. Flir Systems Inc. Fluke Corporation L3 Technologies Inc., Opgal Optronic Industries Ltd. SKF Seek Thermal, Inc. Thermoteknix Systems Ltd.