Thermal Imaging Market, By Applications (Surveillance and security, Monitoring and maintenance, Traffic monitoring, Healthcare, Automobile, Research and development and Others (firefighting and personal vision)), By End Users (Defense and military sector, Industrial sector, Commercial sector and Residential sector) and By Geography (North America, Europe, Asia Pacific and RoW (Rest of the World)) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027
Key players are focused on product launches, in order to expand the product portfolio. For instance, in July 2020, FLIR Systems Inc. launched TG165-X MSX Thermal Camera with multispectral dynamic imaging technology.
Major market players are involved in contracts and agreements, in order to gain significant advantage in the market. For instance, in July 2019, BAE Systems Inc. received a contract from Kongsberg Protech of Norway for thermal imaging module TIM 1500.