Australia and New Zealand Thermal and Acoustic Imaging Market Size and Forecast 2021-2031, Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Thermal Imaging and Acoustic Imaging

Description

List of Tables

The Australia and New Zealand Thermal and Acoustic Imaging Market size was valued at US$ 135.12 million in 2023 and is anticipated to reach US$ 211.04 million. The Australia and New Zealand Thermal and Acoustic Imaging Market is estimated to record a CAGR of 5.7% from 2023 to 2031.

Environmental monitoring involves using tools and techniques to observe and assess environmental quality and measure the impact of activities on the environment. Data is collected, analyzed, and compiled into reports for risk and impact assessments. The goal is to manage and reduce an organization's environmental impact, ensuring legal compliance and protecting both the environment and human health.

Acoustic imaging has quickly become an invaluable tool for monitoring the environment, offering a creative and effective way to study both natural and human-made changes through sound. Using sound waves to collect data provides a non-invasive and affordable way to track the health of ecosystems, monitor marine life, and observe urban environments without disrupting the surroundings. For example, in July 2024, research led by Nelson's Cawthron Institute shed new light on the underwater lives of Hector's dolphins, including the animals' feeding and diving behaviors, which experts have not previously recorded. The study used DTAGs (digital acoustic recording tags) fitted with suction cups and temporarily attached to Hector's dolphins in Marlborough's Te Koko-o-Kupe/Cloudy Bay. With the increasing environmental concerns and stringent safety regulations, industries are adopting acoustic imaging to monitor emissions and ensure compliance. For instance, acoustic imaging cameras can effectively locate fugitive emissions and air leaks, making them valuable tools for environmental management. With the help of sound recordings from an ecosystem, environmental monitoring companies or authorities can detect alien or endangered species, describe species phenology, and document changes in ecological status or human impacts on nature. Acoustic imaging cameras are also effective in environmental monitoring, where they can locate and provide early warnings for abnormal noise levels, helping to address potential environmental concerns proactively. Australian Public Service (APS) and Net Zero National Environmental Monitoring Standards (NEMS) are a few of the government standards and services that promote the use of environmental monitoring solutions. Thus, the use of acoustic imaging for environment monitoring is fueling the Australia and New Zealand Thermal and Acoustic Imaging Market growth.

Based on wavelength, the Australia and New Zealand Thermal and Acoustic Imaging Market is segmented into SWIR, MWIR, and LWIR. The MWIR segment held the largest Australia and New Zealand Thermal and Acoustic Imaging Market share in 2023. Middle wavelength infrared (MWIR) is typically defined as the 3.0-5.0 μm wavelength range. MWIR cameras are used as detection systems for gas leaks such as methane, propane, ethanol, and sulfur hexafluoride. Drones with MWIR cameras mounted on them are used for safety inspections of machinery and infrastructure that contain pollutants and toxic gases. These cameras are also used when precision is more important than exact temperature, enabling their application in airport perimeter security and laboratory research for engineers and scientists. MWIR cameras offer crisp imagery, precise temperature measurement, and streamlined analysis capabilities required for industrial, military, and manufacturing research and development applications. This leads to their demand from the industrial, manufacturing, and defense sectors.

Teledyne FLIR LLC; Testo SE & Co. KGaA; Fluke Corporation; UNI-TREND TECHNOLOGY (CHINA) CO., LTD.; Hangzhou Microimage Software Co., Ltd.; Megger Group Limited; and SDT International SA/NV are among the prominent players profiled in the Australia and New Zealand Thermal and Acoustic Imaging Market report. Several other major players were also studied and analyzed in the Australia and New Zealand Thermal and Acoustic Imaging Market report to get a holistic view of the market and its ecosystem.

The overall Australia and New Zealand Thermal and Acoustic Imaging Market share has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Australia and New Zealand Thermal and Acoustic Imaging Market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Australia and New Zealand Thermal and Acoustic Imaging Market.

Product Code: TIPRE00039372

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Australia and New Zealand Thermal and Acoustic Imaging Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in Value Chain
4.4 Premium Insights
- 4.4.1 Product Mapping
- 4.4.2 Company Share Analysis:
  - 4.4.2.1 Company Share Analysis for Australia and New Zealand Thermal Imaging Market
  - 4.4.2.2 Company Share Analysis for Australia and New Zealand Acoustic Imaging Market

5. Australia and New Zealand Thermal and Acoustic Imaging Market - Key Market Dynamics

5.1 Australia and New Zealand Thermal and Acoustic Imaging Market - Key Market Dynamics
5.2 Market Drivers
- 5.2.1 Rise in Military Expenditure
- 5.2.2 Robust Use of Thermal Imaging in Healthcare
- 5.2.3 Acoustic Imaging for Environmental Monitoring
5.3 Market Restraints
- 5.3.1 Supply Chain Disruptions
5.4 Market Opportunities
- 5.4.1 Integration of Artificial Intelligence in Thermal and Acoustic Imaging Systems
- 5.4.2 Growth of Electric Vehicle Market
5.5 Future Trends
- 5.5.1 Rising Demand for Miniaturization of Electronic Components
5.6 Impact of Drivers and Restraints:

6. Australia and New Zealand Thermal and Acoustic Imaging Market Analysis

6.1 Australia and New Zealand Thermal and Acoustic Imaging Market Revenue (US$ Million), 2021-2031
6.2 Australia and New Zealand Thermal and Acoustic Imaging Market Forecast and Analysis
6.3 Australia and New Zealand Thermal Imaging Market Revenue (US$ thousand), 2021-2031
6.4 Australia and New Zealand Acoustic Imaging Market Revenue (US$ thousand), 2021-2031

7. Australia and New Zealand Thermal Imaging Market Analysis - by Type

7.1 Thermal Cameras
- 7.1.1 Overview
- 7.1.2 Thermal Cameras: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
7.2 Thermal Scopes
- 7.2.1 Overview
- 7.2.2 Thermal Scopes: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
7.3 Thermal Modules
- 7.3.1 Overview
- 7.3.2 Thermal Modules: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)

8. Australia and New Zealand Thermal Imaging Market Analysis - by Technology

8.1 Cooled
- 8.1.1 Overview
- 8.1.2 Cooled: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
8.2 Uncooled
- 8.2.1 Overview
- 8.2.2 Uncooled: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)

9. Australia and New Zealand Thermal Imaging Market Analysis - by Wavelength

9.1 SWIR
- 9.1.1 Overview
- 9.1.2 SWIR: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
9.2 MWIR
- 9.2.1 Overview
- 9.2.2 MWIR: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
9.3 LWIR
- 9.3.1 Overview
- 9.3.2 LWIR: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)

10. Australia and New Zealand Thermal Imaging Market Analysis - by End User

10.1 Aerospace and Defense
- 10.1.1 Overview
- 10.1.2 Aerospace and Defense: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.2 Automotive
- 10.2.1 Overview
- 10.2.2 Automotive: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.3 Healthcare and Life Sciences
- 10.3.1 Overview
- 10.3.2 Healthcare and Life Sciences: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.4 Oil and Gas
- 10.4.1 Overview
- 10.4.2 Oil and Gas: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.5 Mining
- 10.5.1 Overview
- 10.5.2 Mining: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.6 Utilities
- 10.6.1 Overview
- 10.6.2 Utilities: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.7 Food and Beverages
- 10.7.1 Overview
- 10.7.2 Food and Beverages: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.8 Datacentres
- 10.8.1 Overview
- 10.8.2 Datacentres: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
10.9 Others
- 10.9.1 Overview
- 10.9.2 Others: Australia and New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)

11. Australia and New Zealand Acoustic Imaging Market Analysis - by End User

11.1 Utilities
- 11.1.1 Overview
- 11.1.2 Utilities: Australia and New Zealand Acoustic Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
11.2 Mining
- 11.2.1 Overview
- 11.2.2 Mining: Australia and New Zealand Acoustic Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
11.3 Food and Beverages
- 11.3.1 Overview
- 11.3.2 Food and Beverages: Australia and New Zealand Acoustic Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
11.4 Others
- 11.4.1 Overview
- 11.4.2 Others: Australia and New Zealand Acoustic Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)

12. Australia and New Zealand Thermal and Acoustic Imaging Market - Country Analysis

12.1 Asia Pacific
- 12.1.1 Australia and New Zealand Thermal and Acoustic Imaging Market Revenue and Forecast and Analysis - by Country
  - 12.1.1.1 Australia and New Zealand Thermal and Acoustic Imaging Market Revenue and Forecast and Analysis - by Country
  - 12.1.1.2 Australia Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 12.1.1.2.1 Australia Thermal Imaging Market Breakdown by Type
    - 12.1.1.2.2 Australia Thermal Imaging Market Breakdown by Technology
    - 12.1.1.2.3 Australia Thermal Imaging Market Breakdown by Wavelength
    - 12.1.1.2.4 Australia Thermal Imaging Market Breakdown by End User
    - 12.1.1.2.5 Australia Acoustic Imaging Market Breakdown by End User
  - 12.1.1.3 New Zealand Thermal Imaging Market - Revenue and Forecast to 2031 (US$ Thousand)
    - 12.1.1.3.1 New Zealand Thermal Imaging Market Breakdown by Type
    - 12.1.1.3.2 New Zealand Thermal Imaging Market Breakdown by Technology
    - 12.1.1.3.3 New Zealand Thermal Imaging Market Breakdown by Wavelength
    - 12.1.1.3.4 New Zealand Thermal Imaging Market Breakdown by End User

13. Competitive Landscape

13.1 Company Positioning & Concentration
13.2 Heat Map Analysis By Key Players

14. Industry Landscape

14.1 Overview
14.2 Market Initiative
14.3 Product Development
14.4 Mergers & Acquisitions

15. Company Profiles

15.1 Teledyne FLIR LLC
- 15.1.1 Key Facts
- 15.1.2 Business Description
- 15.1.3 Products and Services
- 15.1.4 Financial Overview
- 15.1.5 SWOT Analysis
- 15.1.6 Key Developments
15.2 Testo SE & Co. KGaA
- 15.2.1 Key Facts
- 15.2.2 Business Description
- 15.2.3 Products and Services
- 15.2.4 Financial Overview
- 15.2.5 SWOT Analysis
- 15.2.6 Key Developments
15.3 Fluke Corporation
- 15.3.1 Key Facts
- 15.3.2 Business Description
- 15.3.3 Products and Services
- 15.3.4 Financial Overview
- 15.3.5 SWOT Analysis
- 15.3.6 Key Developments
15.4 UNI-TREND TECHNOLOGY (CHINA) CO., LTD.
- 15.4.1 Key Facts
- 15.4.2 Business Description
- 15.4.3 Products and Services
- 15.4.4 Financial Overview
- 15.4.5 SWOT Analysis
- 15.4.6 Key Developments
15.5 Hangzhou Microimage Software Co., Ltd.
- 15.5.1 Key Facts
- 15.5.2 Business Description
- 15.5.3 Products and Services
- 15.5.4 Financial Overview
- 15.5.5 SWOT Analysis
- 15.5.6 Key Developments
15.6 Megger Group Limited
- 15.6.1 Key Facts
- 15.6.2 Business Description
- 15.6.3 Products and Services
- 15.6.4 Financial Overview
- 15.6.5 SWOT Analysis
- 15.6.6 Key Developments
15.7 SDT International SA/NV
- 15.7.1 Key Facts
- 15.7.2 Business Description
- 15.7.3 Products and Services
- 15.7.4 Financial Overview
- 15.7.5 SWOT Analysis
- 15.7.6 Key Developments

16. Appendix

16.1 About The Insight Partners
16.2 Word Index