Global Thermal Scanners Market Size, Share, Growth Analysis, By Type (Fixed and Portable Thermal Scanners), By Technology(Cooled and Uncooled) - Industry Forecast 2023-2030

The global thermal scanners market, which was valued at USD 3.8 billion in 2021, is set to increase from USD 4.18 billion in 2022 to USD 8.96 billion by 2030. This represents a significant Compound Annual Growth Rate (CAGR) of 10% during the forecast period from 2023 to 2030.

The substantial growth of the thermal scanners market can be primarily attributed to the COVID-19 pandemic and a growing awareness of the advantages offered by thermal imaging technology across various sectors. Pandemic Applications: The urgent requirement for body temperature monitoring during the pandemic, for purposes like fever detection and infection control in public areas (e.g., airports, schools, offices, and healthcare facilities), has significantly propelled the market's expansion. Thermal scanners have transcended the healthcare sector and have found applications in other industries including industrial automation, security and surveillance, and transportation. They are used for tasks such as equipment monitoring, predictive maintenance, process control, perimeter protection, and threat detection, especially in low-light conditions.

Challenges: Despite its rapid growth, the global thermal scanners market faces several challenges. The sudden surge in demand due to the pandemic led to supply chain disruptions and shortages. Additionally, market growth may stabilize post-pandemic, potentially resulting in decreased demand for fever screening applications. Concerns regarding accuracy and reliability, particularly with individuals wearing face masks, are pertinent. Calibration and adherence to varying regional regulations pose additional challenges.

Sustainable Growth: Nevertheless, the demand for thermal scanners is projected to continue growing, fueled by ongoing public safety efforts and their expanding utility across diverse industries. As technology advances and manufacturers address existing challenges, thermal scanners are anticipated to become integral to infection control and monitoring protocols, contributing to enhanced public health and safety in a post-pandemic world.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Thermal Scanners Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Thermal Scanners Market Segmental Analysis

The global thermal scanners market is segmented on the basis of type, technology, and region. By type, the market is segmented into fixed and portable thermal scanners. By technology, the market is segmented into cooled and uncooled thermal scanners. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Global Thermal Scanners Market Dynamics

Drivers

Increasing Emphasis on Public Safety

Governments and organisations worldwide are increasingly prioritising public safety and health. Thermal scanners provide an efficient and non-invasive method for temperature screening, contributing to the implementation of effective safety measures in various settings.

Growing Adoption in Industrial Automation

The adoption of thermal scanners in industrial automation is on the rise. They are used for predictive maintenance, process control, and monitoring equipment performance in industries such as manufacturing, oil & gas, and power generation, driving the demand for these devices.

Restraints

High Costs

Cooled thermal scanners, which offer higher sensitivity and image resolution, can be expensive and require ongoing maintenance due to the cooling component. The high cost may limit their adoption in certain applications, especially in price-sensitive industries.

Accuracy and Reliability Concerns

There are concerns about the accuracy and reliability of thermal scanners, especially in non-ideal conditions or when used on individuals wearing face masks. Calibration and proper usage are critical to ensure accurate temperature measurements.

Prominent Trends in the Global Thermal Scanners Market

Expanded Usage Across Industries: Thermal scanners are no longer confined to fever screening alone. Their applications have diversified, with roles in industrial automation for predictive maintenance, security and surveillance to safeguard perimeters, and in automotive systems to enhance driver safety. The adaptability of thermal scanners is broadening their scope across various sectors and use cases.

Technological Advancements

The thermal imaging arena is experiencing ongoing enhancements, resulting in improved precision, image resolution, and sensitivity of thermal scanners. Breakthroughs in uncooled microbolometer technology, advancements in image processing algorithms, and seamless integration with other sensor technologies are key drivers behind the market's expansion.