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Handheld thermal imaging market is projected to grow with a brisk CAGR according to new research report

Industrial Market Research

Handheld Thermal Imaging market is estimated to reach USD 5.6 Billion by 2024 at a CAGR of 9.5%. Increasing demand from security and defense sectors are the major factors influencing the growth of the market.

Thermal Imaging is a technique helps to improve visibility and improve the clarity of objects in dark environmental conditions with the help of infrared light. Thermal imaging systems can also be used by armed forces defending at borders.

Major applications of handled thermal imaging are with the security sector and defense. Manufacturing, retail, and other sectors are mainly for planned preventive maintenance, quality control, energy conservation and environmental control.

For research-related purpose handheld thermal imaging is also into educational sectors.


This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.

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Key pointers in the report include:

  • Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis & PESTLE analysis to perform to analyze the impact of drivers, restraints, challenges and constraints on the market during the next five years.
  • Team of analysts have analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals which will specify the emerging scope for the market in end user industries.
  • Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
  • Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each and every segment of the market.
  • A complete 360 degree analysis is provided in the report on key companies’ product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period.
  • Advanced customizations on countries, specific applications in end user industries, product based customizations will be provided based on the request.
  • All the collected data is further validated and verified using surveys, interviews and interactions with industrial experts.

Handheld Thermal Imaging Market Top Players

  • Flir Systems Inc
  • Danaher Corporation
  • L-3 Communications Holdings Inc
  • Raytheon
  • BAE Systems Plc


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