Global Thermal Imaging Market for Mobility Set for Remarkable Growth Fueled by 14.10% CAGR Surge

MarkNtel Advisors has recently study an extensive market intelligence analysis on the Global Thermal Imaging Market for Mobility. The newly released report showcases an engaging format enriched with visually compelling tables, graphs, charts, and figures. These seamlessly integrated visual aids are designed to bolster the accuracy and clarity of the information presented, offering readers a thorough grasp of the topic at hand.

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How big is the Thermal Imaging Market for Mobility?

According to MarkNtel Advisors, the Global Thermal Imaging Market for Mobility is expected to grow at a CAGR of around 14.10% during the forecast period, i.e., 2022-27. The market is driven primarily by the advantages of thermal imaging to function efficiently under low-light conditions without requiring additional lights. Across various mobility devices, drones are used extensively for operations like search & rescue, firefighting, solar farm inspections, utility inspections, etc., and equipped with thermal imaging to conveniently function.

Global Thermal Imaging Market for Mobility Driver:

• Mounting adoption of thermal imaging devices for automotive diagnostics
• Cost-effective preventive maintenance enabled by thermal cameras.
• Increasing use of thermal imaging cameras for security & surveillance
• Massive expenditure by the governments of different countries on deploying thermal imaging technologies in defense equipment.

Geographical Insight: Thermal Imaging Industry

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Among them, North America is anticipated to lead the global market through 2027, mainly due to the mounting demand for thermal imagers for security & surveillance purposes, massive defense expenditure, and the extensive presence of leading market players across the region. The rapidly increasing investments by the US in upgrading its defense sector with advanced military gear, including thermal imaging cameras for improved conduction of surveillance & security operations, has significantly boosted the regional market.

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Competitor Breakdown: Global Thermal Imaging Market for Mobility

In the fast-changing Global Thermal Imaging Market for Mobility, understanding what our competitors are doing is really important. By carefully looking at things, we figure out who the major market players are, what they're good at, and where they're not so good. This helps us make smart choices and do well in the competition. Understanding our rivals helps to grow fast and do their best. By keeping a close eye on our competitors and changing our approach when needed, we stay ahead and grab opportunities for growth. Also, watching what customers like and how the market is changing helps stay ahead of the competition.

Names of major industry players are:

• Leonardo
• Xenics
• L3Harris Technologies, Inc.
• HGH Infrared System
• Opgal
• Tonbo Imaging Pvt. Ltd.
• JENOPTIK AG
• Veoneer Inc.
• Axis Communications AB
• Workswell
• InfraTec GmbH Infrarotsensorik und Messtechnik
• Excelitas Technologies Corp.
• Stonkam Co. Ltd.
• Lynred
• Others

Segmentation Analysis: Thermal Imaging Market for Mobility

By Type

• Integrated
• Standalone

By Application

• Automotive
• Aerospace & Defense
• Marine

By Technology

• Cooled
• Uncooled

By Wavelength

• Short
• Medium
• Long

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