Rugged Thermal Cameras Market, By Application Type (Fire Fighting, Geographical Surveys, Surveillance & Security, Radiology, Predictive Maintenance, Electronics, Others), By End Use (Military & Defense, Industrial, Commercial & Residential), By Region (North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

Published In : Oct 2021

Code : CMI4686

Pages :170

Formats :

Excel and PDF

Industry : Consumer Electronics

Rugged Thermal Cameras MarketSize and Trends

The global Rugged Thermal Cameras market is estimated to be valued at US$ 5,271.3 million in 2021 and is expected to exhibit a CAGR of 9.1% over the forecast period (2021-2028).

Statistics:

Figure 1. Global Rugged Thermal Cameras Market Value (US$ Mn), by Region, 2020

North America excluding Japan held dominant position in the global Rugged Thermal Cameras market in 2020, accounting for 39.4% share in terms of Value, followed by Western Europe.

Market Trends

The decline in the price of thermal cameras has resulted in an increase in the application of these cameras in electronic manufacturing where these cameras are used to detect thermal irregularities providing benefits in phases involving product designing, quality inspection, and testing. For instance, in PCB manufacturing, thermal cameras are been used in testing phases to identify power fluctuation, faults in circuit soldering, causes of heating up of circuitry, etc. Thermal cameras are now been provided with smartphones having applications in the industrial and commercial inspection. Moreover, Thermal cameras are now been provided with smartphones having applications in the industrial and commercial inspection.

Thermal cameras are now been provided with smartphones having applications in the industrial and commercial inspection. Fire prevention is another important aspect for which thermal cameras are been used intensively for inspecting ruptured pipes supplying oil and fuel, which causes the majority of engine room fires causing loss of life and property.

Figure 2. Global Rugged Thermal Cameras Market Share, By Application, 2020

Key Takeaways of the Graph:

The Surveillance & Security segment held dominant position in the market and accounted for 35.5% share in the global Rugged Thermal Cameras market in 2020. The segment is expected to reach US$ 3453.6 million in 2028. This is owing to increased demand of thermal cameras.
The Electronics segment is expected to show highest CAGR of 10% during the forecast period 2021 to 2028.