Infrared Thermography Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for Infrared Thermography. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.

Key Insights:

Infrared Thermography Market Size (2024E): USD 459.0 million
Projected Market Value (2031F): USD 684.5 million
Global Market Growth Rate (CAGR 2024 to 2031): 5.9%

Infrared Thermography Market - Report Scope:

Infrared Thermography systems play a crucial role in various applications, including predictive maintenance, building diagnostics, medical imaging, and security surveillance. These systems detect and visualize infrared radiation emitted by objects and convert it into temperature data, enabling non-contact temperature measurement and analysis. The market caters to industries such as manufacturing, healthcare, aerospace, automotive, and military, offering thermal cameras, infrared sensors, and software solutions.

Market Growth Drivers:

The global Infrared Thermography market is driven by several factors, including increasing demand for predictive maintenance solutions across industrial sectors, growing adoption of non-invasive diagnostic techniques in healthcare, and advancements in infrared sensor technology. The rise in infrastructure development projects and stringent regulatory requirements for energy efficiency further propel market growth. Technological innovations in thermal imaging cameras, such as improved resolution and integration with artificial intelligence (AI) for automated analysis, enhance market penetration in diverse applications.

Market Restraints:

Despite promising growth prospects, the Infrared Thermography market faces challenges related to high initial investment costs for advanced thermal imaging equipment, regulatory compliance, and limitations in spatial resolution affecting detailed analysis in certain applications. Concerns regarding data accuracy and interpretation also impact market adoption, particularly in critical sectors such as healthcare and aerospace where precision is crucial.

Market Opportunities:

The Infrared Thermography market presents significant growth opportunities driven by technological advancements in sensor technology, expanding applications in smart home automation, automotive safety systems, and emerging opportunities in drone-based infrared imaging for aerial inspections. Integration of AI and machine learning algorithms for real-time data analysis and predictive analytics enhances operational efficiency and decision-making capabilities across industries. Strategic partnerships, research collaborations, and investments in R&D to develop compact, cost-effective thermal imaging solutions are essential to capitalize on evolving market trends.

Key Questions Answered in the Report:

What are the primary factors driving the growth of the Infrared Thermography market globally?
Which industries and applications are driving adoption of Infrared Thermography systems?
How are technological advancements reshaping the competitive landscape of the Infrared Thermography market?
Who are the key players contributing to the Infrared Thermography market, and what strategies are they employing to maintain market relevance?
What are the emerging trends and future prospects in the global Infrared Thermography market?

Competitive Intelligence and Business Strategy:

Leading players in the global Infrared Thermography market, including FLIR Systems, Inc., FLUKE Corporation, and Testo SE & Co. KGaA, focus on innovation, product differentiation, and strategic acquisitions to gain a competitive edge. These companies invest in R&D to develop advanced thermal imaging solutions, expand their product portfolios across multiple applications, and enhance customer support services. Collaborations with technology partners, academic institutions, and regulatory bodies facilitate market expansion and compliance with industry standards.

Key Companies Profiled:

FLIR Systems
Jenoptik AG
Fluke Corporation
SKF AB
Keysight Technologies, Inc.
Testo AG
Reytek Corporation
Optris GmbH
R. Stahl Cameras Systems
Opgal Optronic Industries, Ltd.
Finmeccanica S.p.A.
BAE Systems
L-3 Communications
Infratec GmbH
Raytheon Company

Segmentation of the Global Infrared Thermography Market:

By Technology:

Active IR Thermography
Passive IR Thermography

By Subsector:

Commercial
Residential
Defense

By Application:

Night Vision Thermography
Security and Surveillance
Transportation
Unmanned Systems
Building Technology

By Infrared Thermometers Type:

Spot Infrared Thermometers
Infrared Scanner Systems
Infrared Thermal Imaging Cameras

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East and Africa

Product Code: PMRREP33424

1. Executive Summary

1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Restraints
- 3.1.3. Opportunity
- 3.1.4. Trends
3.2. Scenario Forecast
- 3.2.1. Demand in Optimistic Scenario
- 3.2.2. Demand in Likely Scenario
- 3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter's Analysis
3.6. Regulatory Landscape
- 3.6.1. By Key Regions
- 3.6.2. By Key Countries
3.7. Regional Parent Market Outlook

4. Global Infrared Thermography Market Analysis 2019-2023 and Forecast, 2024-2031

4.1. Historical Market Size Value (US$ million) Analysis, 2019-2023
4.2. Current and Future Market Size Value (US$ million) Projections, 2024-2031
- 4.2.1. Y-o-Y Growth Trend Analysis
- 4.2.2. Absolute $ Opportunity Analysis

5. Global Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Technology

5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ million) Analysis By Technology, 2019-2023
5.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Technology, 2024-2031
- 5.3.1. Active IR Thermography
  - 5.3.1.1. Pulsed Thermography
  - 5.3.1.2. Lock in Thermography
  - 5.3.1.3. Long Pulse Thermography
  - 5.3.1.4. Vibrothermography
- 5.3.2. Passive IR Thermography
5.4. Y-o-Y Growth Trend Analysis By Technology, 2019-2023
5.5. Absolute $ Opportunity Analysis By Technology, 2024-2031

6. Global Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Subsector

6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ million) Analysis By Subsector, 2019-2023
6.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Subsector, 2024-2031
- 6.3.1. Commercial
- 6.3.2. Residential
- 6.3.3. Defense
6.4. Y-o-Y Growth Trend Analysis By Subsector, 2019-2023
6.5. Absolute $ Opportunity Analysis By Subsector, 2024-2031

7. Global Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Application

7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ million) Analysis By Application , 2019-2023
7.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Application , 2024-2031
- 7.3.1. Night Vision Thermography
- 7.3.2. Security and Surveillance
- 7.3.3. Transportation
- 7.3.4. Unmanned Systems
- 7.3.5. Building Technology
- 7.3.6. Others
7.4. Y-o-Y Growth Trend Analysis By Application , 2019-2023
7.5. Absolute $ Opportunity Analysis By Application , 2024-2031

8. Global Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Type of Infrared Thermometers

8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ million) Analysis By Type of Infrared Thermometers, 2019-2023
8.3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type of Infrared Thermometers, 2024-2031
- 8.3.1. Spot Infrared Thermometers
- 8.3.2. Infrared Scanner Systems
- 8.3.3. Infrared Thermal Imaging Cameras
8.4. Y-o-Y Growth Trend Analysis By Type of Infrared Thermometers, 2019-2023
8.5. Absolute $ Opportunity Analysis By Type of Infrared Thermometers, 2024-2031

9. Global Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Region

9.1. Introduction
9.2. Historical Market Size Value (US$ million) Analysis By Region, 2019-2023
9.3. Current Market Size Value (US$ million) Analysis and Forecast By Region, 2024-2031
- 9.3.1. North America
- 9.3.2. Latin America
- 9.3.3. Europe
- 9.3.4. Asia Pacific
- 9.3.5. Middle East and Africa
9.4. Market Attractiveness Analysis By Region

10. North America Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Country

10.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2019-2023
10.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2024-2031
- 10.2.1. By Country
  - 10.2.1.1. The USA
  - 10.2.1.2. Canada
- 10.2.2. By Technology
- 10.2.3. By Subsector
- 10.2.4. By Application
- 10.2.5. By Type of Infrared Thermometers
10.3. Market Attractiveness Analysis
- 10.3.1. By Country
- 10.3.2. By Technology
- 10.3.3. By Subsector
- 10.3.4. By Application
- 10.3.5. By Type of Infrared Thermometers
10.4. Key Takeaways

11. Latin America Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Country

11.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2019-2023
11.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2024-2031
- 11.2.1. By Country
  - 11.2.1.1. Brazil
  - 11.2.1.2. Mexico
  - 11.2.1.3. Rest of Latin America
- 11.2.2. By Technology
- 11.2.3. By Subsector
- 11.2.4. By Application
- 11.2.5. By Type of Infrared Thermometers
11.3. Market Attractiveness Analysis
- 11.3.1. By Country
- 11.3.2. By Technology
- 11.3.3. By Subsector
- 11.3.4. By Application
- 11.3.5. By Type of Infrared Thermometers
11.4. Key Takeaways

12. Europe Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Country

12.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2019-2023
12.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2024-2031
- 12.2.1. By Country
  - 12.2.1.1. Germany
  - 12.2.1.2. United Kingdom
  - 12.2.1.3. France
  - 12.2.1.4. Spain
  - 12.2.1.5. Italy
  - 12.2.1.6. Rest of Europe
- 12.2.2. By Technology
- 12.2.3. By Subsector
- 12.2.4. By Application
- 12.2.5. By Type of Infrared Thermometers
12.3. Market Attractiveness Analysis
- 12.3.1. By Country
- 12.3.2. By Technology
- 12.3.3. By Subsector
- 12.3.4. By Application
- 12.3.5. By Type of Infrared Thermometers
12.4. Key Takeaways

13. Asia Pacific Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Country

13.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2019-2023
13.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2024-2031
- 13.2.1. By Country
  - 13.2.1.1. China
  - 13.2.1.2. Japan
  - 13.2.1.3. South Korea
  - 13.2.1.4. Singapore
  - 13.2.1.5. Thailand
  - 13.2.1.6. Indonesia
  - 13.2.1.7. Australia
  - 13.2.1.8. New Zealand
  - 13.2.1.9. Rest of Asia Pacific
- 13.2.2. By Technology
- 13.2.3. By Subsector
- 13.2.4. By Application
- 13.2.5. By Type of Infrared Thermometers
13.3. Market Attractiveness Analysis
- 13.3.1. By Country
- 13.3.2. By Technology
- 13.3.3. By Subsector
- 13.3.4. By Application
- 13.3.5. By Type of Infrared Thermometers
13.4. Key Takeaways

14. Middle East and Africa Infrared Thermography Market Analysis 2019-2023 and Forecast 2024-2031, By Country

14.1. Historical Market Size Value (US$ million) Trend Analysis By Market Taxonomy, 2019-2023
14.2. Market Size Value (US$ million) Forecast By Market Taxonomy, 2024-2031
- 14.2.1. By Country
  - 14.2.1.1. Gulf Cooperation Council Countries
  - 14.2.1.2. South Africa
  - 14.2.1.3. Israel
  - 14.2.1.4. Rest of Middle East and Africa
- 14.2.2. By Technology
- 14.2.3. By Subsector
- 14.2.4. By Application
- 14.2.5. By Type of Infrared Thermometers
14.3. Market Attractiveness Analysis
- 14.3.1. By Country
- 14.3.2. By Technology
- 14.3.3. By Subsector
- 14.3.4. By Application
- 14.3.5. By Type of Infrared Thermometers
14.4. Key Takeaways

15. Key Countries Infrared Thermography Market Analysis

15.1. The USA
- 15.1.1. Pricing Analysis
- 15.1.2. Market Share Analysis, 2024
  - 15.1.2.1. By Technology
  - 15.1.2.2. By Subsector
  - 15.1.2.3. By Application
  - 15.1.2.4. By Type of Infrared Thermometers
15.2. Canada
- 15.2.1. Pricing Analysis
- 15.2.2. Market Share Analysis, 2024
  - 15.2.2.1. By Technology
  - 15.2.2.2. By Subsector
  - 15.2.2.3. By Application
  - 15.2.2.4. By Type of Infrared Thermometers
15.3. Brazil
- 15.3.1. Pricing Analysis
- 15.3.2. Market Share Analysis, 2024
  - 15.3.2.1. By Technology
  - 15.3.2.2. By Subsector
  - 15.3.2.3. By Application
  - 15.3.2.4. By Type of Infrared Thermometers
15.4. Mexico
- 15.4.1. Pricing Analysis
- 15.4.2. Market Share Analysis, 2024
  - 15.4.2.1. By Technology
  - 15.4.2.2. By Subsector
  - 15.4.2.3. By Application
  - 15.4.2.4. By Type of Infrared Thermometers
15.5. Germany
- 15.5.1. Pricing Analysis
- 15.5.2. Market Share Analysis, 2024
  - 15.5.2.1. By Technology
  - 15.5.2.2. By Subsector
  - 15.5.2.3. By Application
  - 15.5.2.4. By Type of Infrared Thermometers
15.6. United Kingdom
- 15.6.1. Pricing Analysis
- 15.6.2. Market Share Analysis, 2024
  - 15.6.2.1. By Technology
  - 15.6.2.2. By Subsector
  - 15.6.2.3. By Application
  - 15.6.2.4. By Type of Infrared Thermometers
15.7. France
- 15.7.1. Pricing Analysis
- 15.7.2. Market Share Analysis, 2024
  - 15.7.2.1. By Technology
  - 15.7.2.2. By Subsector
  - 15.7.2.3. By Application
  - 15.7.2.4. By Type of Infrared Thermometers
15.8. Spain
- 15.8.1. Pricing Analysis
- 15.8.2. Market Share Analysis, 2024
  - 15.8.2.1. By Technology
  - 15.8.2.2. By Subsector
  - 15.8.2.3. By Application
  - 15.8.2.4. By Type of Infrared Thermometers
15.9. Italy
- 15.9.1. Pricing Analysis
- 15.9.2. Market Share Analysis, 2024
  - 15.9.2.1. By Technology
  - 15.9.2.2. By Subsector
  - 15.9.2.3. By Application
  - 15.9.2.4. By Type of Infrared Thermometers
15.10. China
- 15.10.1. Pricing Analysis
- 15.10.2. Market Share Analysis, 2024
  - 15.10.2.1. By Technology
  - 15.10.2.2. By Subsector
  - 15.10.2.3. By Application
  - 15.10.2.4. By Type of Infrared Thermometers
15.11. Japan
- 15.11.1. Pricing Analysis
- 15.11.2. Market Share Analysis, 2024
  - 15.11.2.1. By Technology
  - 15.11.2.2. By Subsector
  - 15.11.2.3. By Application
  - 15.11.2.4. By Type of Infrared Thermometers
15.12. South Korea
- 15.12.1. Pricing Analysis
- 15.12.2. Market Share Analysis, 2024
  - 15.12.2.1. By Technology
  - 15.12.2.2. By Subsector
  - 15.12.2.3. By Application
  - 15.12.2.4. By Type of Infrared Thermometers
15.13. Singapore
- 15.13.1. Pricing Analysis
- 15.13.2. Market Share Analysis, 2024
  - 15.13.2.1. By Technology
  - 15.13.2.2. By Subsector
  - 15.13.2.3. By Application
  - 15.13.2.4. By Type of Infrared Thermometers
15.14. Thailand
- 15.14.1. Pricing Analysis
- 15.14.2. Market Share Analysis, 2024
  - 15.14.2.1. By Technology
  - 15.14.2.2. By Subsector
  - 15.14.2.3. By Application
  - 15.14.2.4. By Type of Infrared Thermometers
15.15. Indonesia
- 15.15.1. Pricing Analysis
- 15.15.2. Market Share Analysis, 2024
  - 15.15.2.1. By Technology
  - 15.15.2.2. By Subsector
  - 15.15.2.3. By Application
  - 15.15.2.4. By Type of Infrared Thermometers
15.16. Australia
- 15.16.1. Pricing Analysis
- 15.16.2. Market Share Analysis, 2024
  - 15.16.2.1. By Technology
  - 15.16.2.2. By Subsector
  - 15.16.2.3. By Application
  - 15.16.2.4. By Type of Infrared Thermometers
15.17. New Zealand
- 15.17.1. Pricing Analysis
- 15.17.2. Market Share Analysis, 2024
  - 15.17.2.1. By Technology
  - 15.17.2.2. By Subsector
  - 15.17.2.3. By Application
  - 15.17.2.4. By Type of Infrared Thermometers
15.18. Gulf Cooperation Council Countries
- 15.18.1. Pricing Analysis
- 15.18.2. Market Share Analysis, 2024
  - 15.18.2.1. By Technology
  - 15.18.2.2. By Subsector
  - 15.18.2.3. By Application
  - 15.18.2.4. By Type of Infrared Thermometers
15.19. South Africa
- 15.19.1. Pricing Analysis
- 15.19.2. Market Share Analysis, 2024
  - 15.19.2.1. By Technology
  - 15.19.2.2. By Subsector
  - 15.19.2.3. By Application
  - 15.19.2.4. By Type of Infrared Thermometers
15.20. Israel
- 15.20.1. Pricing Analysis
- 15.20.2. Market Share Analysis, 2024
  - 15.20.2.1. By Technology
  - 15.20.2.2. By Subsector
  - 15.20.2.3. By Application
  - 15.20.2.4. By Type of Infrared Thermometers

16. Market Structure Analysis

16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
- 16.3.1. By Regional
- 16.3.2. By Technology
- 16.3.3. By Subsector
- 16.3.4. By Application
- 16.3.5. By Type of Infrared Thermometers

17. Competition Analysis

17.1. Competition Deep Dive
- 17.1.1. FLIR Systems
  - 17.1.1.1. Overview
  - 17.1.1.2. Product Portfolio
  - 17.1.1.3. Profitability by Market Segments
  - 17.1.1.4. Sales Footprint
  - 17.1.1.5. Strategy Overview
    - 17.1.1.5.1. Marketing Strategy
- 17.1.2. Jenoptik AG
  - 17.1.2.1. Overview
  - 17.1.2.2. Product Portfolio
  - 17.1.2.3. Profitability by Market Segments
  - 17.1.2.4. Sales Footprint
  - 17.1.2.5. Strategy Overview
    - 17.1.2.5.1. Marketing Strategy
- 17.1.3. Fluke Corporation
  - 17.1.3.1. Overview
  - 17.1.3.2. Product Portfolio
  - 17.1.3.3. Profitability by Market Segments
  - 17.1.3.4. Sales Footprint
  - 17.1.3.5. Strategy Overview
    - 17.1.3.5.1. Marketing Strategy
- 17.1.4. SKF AB
  - 17.1.4.1. Overview
  - 17.1.4.2. Product Portfolio
  - 17.1.4.3. Profitability by Market Segments
  - 17.1.4.4. Sales Footprint
  - 17.1.4.5. Strategy Overview
    - 17.1.4.5.1. Marketing Strategy
- 17.1.5. Keysight Technologies, Inc.
  - 17.1.5.1. Overview
  - 17.1.5.2. Product Portfolio
  - 17.1.5.3. Profitability by Market Segments
  - 17.1.5.4. Sales Footprint
  - 17.1.5.5. Strategy Overview
    - 17.1.5.5.1. Marketing Strategy
- 17.1.6. Testo AG
  - 17.1.6.1. Overview
  - 17.1.6.2. Product Portfolio
  - 17.1.6.3. Profitability by Market Segments
  - 17.1.6.4. Sales Footprint
  - 17.1.6.5. Strategy Overview
    - 17.1.6.5.1. Marketing Strategy
- 17.1.7. Reytek Corporation
  - 17.1.7.1. Overview
  - 17.1.7.2. Product Portfolio
  - 17.1.7.3. Profitability by Market Segments
  - 17.1.7.4. Sales Footprint
  - 17.1.7.5. Strategy Overview
    - 17.1.7.5.1. Marketing Strategy
- 17.1.8. Optris GmbH
  - 17.1.8.1. Overview
  - 17.1.8.2. Product Portfolio
  - 17.1.8.3. Profitability by Market Segments
  - 17.1.8.4. Sales Footprint
  - 17.1.8.5. Strategy Overview
    - 17.1.8.5.1. Marketing Strategy
- 17.1.9. R. Stahl Cameras Systems
  - 17.1.9.1. Overview
  - 17.1.9.2. Product Portfolio
  - 17.1.9.3. Profitability by Market Segments
  - 17.1.9.4. Sales Footprint
  - 17.1.9.5. Strategy Overview
    - 17.1.9.5.1. Marketing Strategy
- 17.1.10. Opgal Optronic Industries, Ltd.
  - 17.1.10.1. Overview
  - 17.1.10.2. Product Portfolio
  - 17.1.10.3. Profitability by Market Segments
  - 17.1.10.4. Sales Footprint
  - 17.1.10.5. Strategy Overview
    - 17.1.10.5.1. Marketing Strategy
- 17.1.11. Finmeccanica S.p.A.
  - 17.1.11.1. Overview
  - 17.1.11.2. Product Portfolio
  - 17.1.11.3. Profitability by Market Segments
  - 17.1.11.4. Sales Footprint
  - 17.1.11.5. Strategy Overview
    - 17.1.11.5.1. Marketing Strategy
- 17.1.12. BAE Systems
  - 17.1.12.1. Overview
  - 17.1.12.2. Product Portfolio
  - 17.1.12.3. Profitability by Market Segments
  - 17.1.12.4. Sales Footprint
  - 17.1.12.5. Strategy Overview
    - 17.1.12.5.1. Marketing Strategy
- 17.1.13. L-3 Communications
  - 17.1.13.1. Overview
  - 17.1.13.2. Product Portfolio
  - 17.1.13.3. Profitability by Market Segments
  - 17.1.13.4. Sales Footprint
  - 17.1.13.5. Strategy Overview
    - 17.1.13.5.1. Marketing Strategy
- 17.1.14. Infratec GmbH
  - 17.1.14.1. Overview
  - 17.1.14.2. Product Portfolio
  - 17.1.14.3. Profitability by Market Segments
  - 17.1.14.4. Sales Footprint
  - 17.1.14.5. Strategy Overview
    - 17.1.14.5.1. Marketing Strategy
- 17.1.15. Raytheon Company
  - 17.1.15.1. Overview
  - 17.1.15.2. Product Portfolio
  - 17.1.15.3. Profitability by Market Segments
  - 17.1.15.4. Sales Footprint
  - 17.1.15.5. Strategy Overview
    - 17.1.15.5.1. Marketing Strategy