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Global Handheld Thermal Imaging Equipment Market 2021 is expected to register a CAGR of 9.34%, during forecast period with Impact of Covid 19 Analysis

Handheld

Global “Handheld Thermal Imaging Equipment Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Handheld Thermal Imaging Equipment in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Handheld Thermal Imaging Equipment Market report categorizes the market based on manufacturers, regions, type, and application. Handheld Thermal Imaging Equipment Market reports offer a detailed assessment of the Handheld Thermal Imaging Equipment including enabling technologies, current market situation, market assumptions, restraining factors.

The Global Handheld Thermal Imaging Equipment market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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The handheld thermal imaging equipment is expected to register a CAGR of 9.34%, during the forecast period (2018-2023). Unlike the ordinary night vision gadgets, Handheld Thermal Imaging equipment or infrared cameras don’t rely on amplification of light. Hence, are able to produce a crisp images in the darkest areas or areas with visual camouflage or any other factor that may obstruct the vision, say fog or smoke. The scope of the report is segmented by industry and region

Evolving Technology is acting as Major Driver for the Market

Military equipment and resources can have larger applications other than war, as by becoming the early adopters of the technology, the army, allows them to go into mass production. Such has been the case with Handheld Thermal Imaging Equipment.

First developed for military applications in the 1950, bulky and expensive in the beginning, the commercial version was introduced in the 60’s for power line inspections. It was only in the 70’s that they were made portable, the technology during that period, required the camera to be filled with liquid nitrogen to cool down the infrared detector integrated in the system. In the late 90’s micro bolometer arrived, with almost no moving parts and less break downs, providing large array of applications in the commercial world. Today, they can be attached to a smartphone and also have 3D version.

The dramatic rise in volume sales in the thermal imaging sector is being witnessed due to the technological advancements that have helped to bring the prices down. Such as the use of chalcogenide glass over the expensive crystalline materials, like germanium, zinc selenide, or zinc sulphide that need costly grinding and polishing, roughly dropping the prices by 10%. Also there has been a considerable drop in prices due to miniaturization of the microprocessors and microcontrollers, and also have grown in (bit) size with reference to memory. One of the other reason also has been the introduction of Driver vision enhancement in the car by manufactures like the BMW and Audi, and the integration in Unmanned Arial Vehicles (UAV).

Defense has a Major Market Share in the Market

The market in the defense end-user industry is now mature and slowly getting stagnant. But, soldier modernization programs in other regions especially Asia and Africa will provide impetus to this equipment market and gain market share, as the struggle is to enable forces with fast paced decision-making through effective situational awareness, intelligence gathering, and targeting action.

Asia – Pacific is expected to grow at the Highest CAGR

There has been a rapid shift of industries, such as manufacturing, construction, and mining into the developing countries, especially the Asian countries. The Handheld Thermal Imaging Equipment market in major economies, like China, India, Australia, Japan, and other countries in the region are expected to see a high growth rate.

The Make India Campaign and the pressure to modernize the troops due to the domination from China and the growing tensions in Jammu and Kashmir is going to boost the market in India.

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The global Handheld Thermal Imaging Equipment market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.

Handheld Thermal Imaging Equipment Market Report covers the Top Key-players in 2021:-

  • Flir Systems Inc.
  • BAE Systems plc
  • DRS Technologies
  • Raytheon Company
  • Danaher Corporation
  • L-3 Communications Holdings Inc.
  • Thales Group
  • American Technologies Network
  • Sofradir Group
  • Thermoteknix Systems Ltd
  • Ideal Industries
  • Inc.
  • Elbit Systems Ltd.

Highlighted points of Handheld Thermal Imaging Equipment Market Size:

  • Covers the varying market dynamics of the industry.
  • In-depth analysis of market risks, opportunities, limitations, and growth of the market.
  • Includes market driving and restraining factors.
  • Participants profiles along with product description, overview, and business data.
  • Include details of five years of forecast analysis by types, regions, and applications.

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This Handheld Thermal Imaging Equipment Market Research/analysis Report Contains Answers to your following Questions

  • Which Manufacturing Technology is Used for Handheld Thermal Imaging Equipment? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
  • Who Are the Global Key Players in This Handheld Thermal Imaging Equipment Market? What’s Their Company Profile, Their Product Information, Contact Information?
  • What Was Global Market Status of Handheld Thermal Imaging Equipment Market? What Was Capacity, Production Value, Cost and PROFIT of Handheld Thermal Imaging Equipment Market?
  • What Is Current Market Status of Handheld Thermal Imaging Equipment Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Handheld Thermal Imaging Equipment Market by Taking Applications and Types in Consideration?
  • What Are Projections of Global Handheld Thermal Imaging Equipment Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
  • What Is Handheld Thermal Imaging Equipment Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
  • What Is Economic Impact On Handheld Thermal Imaging Equipment Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
  • What Are Market Dynamics of Handheld Thermal Imaging Equipment Market? What Are Challenges and Opportunities?
  • What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Handheld Thermal Imaging Equipment Industry?

Key Developments in the Handheld Thermal Imaging Equipment Market:

  • August 2017 – Fluke announced addition of Fluke 3550 Thermal Imaging Sensor to Condition Monitoring system. Fluke Condition Monitoring is a cloud-based software platform in combination with electrical, temperature, and power quality monitoring sensors to support condition-based maintenance programs
    The m

    Reasons to Purchase This Report

  • Current and future Handheld Thermal Imaging Equipment Market outlook in the developed and emerging markets
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identifying the latest developments, market shares, and strategies employed by the major market players
  • 3-month analyst support, along with the Market Estimate sheet (in Excel)

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    Finally, the report Global Handheld Thermal Imaging Equipment Market 2021 describes the Handheld Thermal Imaging Equipment industry expansion game plan, the Handheld Thermal Imaging Equipment industry knowledge supply, appendix, analysis findings, and the conclusion.

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