APAC Thermal Imaging Systems Market Size (2024 - 2029)

The Asia Pacific thermal imaging systems market is poised for growth, driven by increasing demand across various sectors despite global supply chain disruptions. The technology's application in military and defense for surveillance and law enforcement, as well as its integration into smartphones and autonomous vehicles, is expanding its market size. Additionally, the use of thermal imaging for predictive maintenance in buildings is contributing to its adoption, further enhancing the market's potential.

Market Size of APAC Thermal Imaging Systems Industry

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ASIA PACIFIC THERMAL IMAGING SYSTEMS MARKET
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.60 %
Market Concentration High

Major Players

APAC Thermal Imaging Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

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APAC Thermal Imaging Systems Market Analysis

Asia Pacific Thermal Imaging Systems market is expected to reach a CAGR of 5.6% over the forecast period (2021 - 2026). The outbreak of the COVID-19 virus has disrupted the supply chain globally, especially in hardware, electronic manufacturing, and semiconductor companies. However, market demand is likely to increase, and several players are launching new products. For instance, in May 2020, Honeywell International, Inc. introduced an AI-enabled thermal imager that detects elevated body temperatures at the entryway of factories, airports, distribution centers, and other commercial buildings.

  • Thermal imaging detects a long IR range of the electromagnetic spectrum, which is invisible to the human eye by means of special and sophisticated cameras called Infrared Imagers. Thermal imaging systems have witnessed a paradigm shift in recent years due to their increasing use in military and defense applications. The army and navy popularly use it for border surveillance and law enforcement. It is also used in ship collision avoidance and guidance systems, whereas in the aviation industry, it has greatly mitigated the risks of flying in low light and night conditions.
  • To cope with diversely asymmetric, multi-dimensional, and highly lethal imperatives of the battlefield, global armies are modernizing their military arsenal and getting soldiers geared up with the latest in combat and surveillance technology. Motion detection is one of the important element of Automatic Target Recognition (ATR) and perimeter monitoring systems. Thermal imaging has become an integral part of these systems because of its ability to operate in all weather conditions.
  • Further, the advent of smartphones as cost-effective handheld/portable thermal imaging devices is expected to increase technology adoption. Caterpillar(Cat) companies have integrated FLIR's thermal imaging camera in the Cat S60 and the latest Cat S61 smartphones.
  • Moreover, electrical installations in buildings like an office complex, residential complex, or shopping complex like a mall are mostly located at places with poor air ventilation. Again, it requires an effective maintenance schedule to avoid any mishap. Various surveys in different sectors have shown that predictive maintenance using thermal imaging has saved up to 40% of the maintenance cost and 50% of the plant process's downtime. These factors have a positive outlook on the handheld thermal imaging equipment market.
  • Furthermore, It has been expected that the adoption of significant volumes of thermal cameras for SAE automation levels 2 and 3 will likely start in 2022 or 2023, with high annual growth rates. According to UBS, Nvidia, and Intel, the expected autonomous vehicle registration share would reach 12% in 2030 from 0.1% in 2021, and thermal imaging might be the technology autonomous vehicles need to reach level five. Such trends are accelerating the need for thermal imaging systems in the Asia Pacific.

APAC Thermal Imaging Systems Industry Segmentation

Thermal imaging technology enables users to detect objects or individuals in complete darkness and in difficult and distinct conditions. Unlike the other methods, thermal imaging works in environments without any ambient light. Like near-infrared illumination, thermal imaging can penetrate obscurants, such as smoke, fog, and haze.

Application
Thermography
Maritime and Costal Surveillance
Border Surveillance
C-UAS/Drones
Critical Infrastructure
Others( Fighting, Smartphones (Ruggedized), Medical, Personal Vision Systems)
Type
Handheld Imaging Devices and Systems,
Fixed Mounted Systems
Thermal Module
Product
Thermal Camera
Thermal Scope
Thermal Module
End-User vertical
Aerospace and Defense
Law Enforcement
Healthcare
Automotive
Oil and Gas
Manufacturing
Others(Residential, Utility, Chemical)
Country
China
Japan
India
Southeast Asia
Rest of Asia Pacific
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APAC Thermal Imaging Systems Market Size Summary

The Asia Pacific thermal imaging systems market is poised for significant growth, driven by increasing demand across various sectors such as military, defense, and commercial applications. The market is experiencing a shift due to the rising adoption of thermal imaging technologies in military and defense operations, where they are used for border surveillance, law enforcement, and enhancing safety in low-light conditions. The integration of thermal imaging in smartphones and other portable devices is further propelling market expansion, making the technology more accessible and cost-effective. Additionally, the need for predictive maintenance in industrial settings is contributing to the market's positive outlook, as thermal imaging systems help reduce maintenance costs and downtime.

The market landscape is characterized by a mix of regional and global players, with companies focusing on product innovations to capture a larger market share. Countries like India, China, and Japan are leading in military spending, creating lucrative opportunities for vendors in the region. The collaboration between startups and government entities in countries like India is also fostering innovation and adoption of thermal imaging systems. The market is expected to benefit from advancements in technology, such as high-speed infrared cameras and enhanced thermal imaging systems for automotive applications. As the demand for thermal imaging systems continues to rise, the market is set to witness robust growth in the coming years.

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APAC Thermal Imaging Systems Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Supply Chain Analysis (Includes list of Thermal Camera Manufacturers, Thermal Imager/Detector Suppliers, Lens Set Suppliers, etc.)

    3. 1.3 Impact of COVID-19 on the Thermal Imaging Industry

    4. 1.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

    5. 1.5 Technology Snapshot (Diffrence between Cooled and Un cooled Thermal imaging sysytem, an understanding on wavelenths susch as shortwave infrared, mid-wave infrared, longwave infrared used to build the system)

  2. 2. MARKET SEGMENTATION

    1. 2.1 Application

      1. 2.1.1 Thermography

      2. 2.1.2 Maritime and Costal Surveillance

      3. 2.1.3 Border Surveillance

      4. 2.1.4 C-UAS/Drones

      5. 2.1.5 Critical Infrastructure

      6. 2.1.6 Others( Fighting, Smartphones (Ruggedized), Medical, Personal Vision Systems)

    2. 2.2 Type

      1. 2.2.1 Handheld Imaging Devices and Systems,

      2. 2.2.2 Fixed Mounted Systems

      3. 2.2.3 Thermal Module

    3. 2.3 Product

      1. 2.3.1 Thermal Camera

      2. 2.3.2 Thermal Scope

      3. 2.3.3 Thermal Module

    4. 2.4 End-User vertical

      1. 2.4.1 Aerospace and Defense

      2. 2.4.2 Law Enforcement

      3. 2.4.3 Healthcare

      4. 2.4.4 Automotive

      5. 2.4.5 Oil and Gas

      6. 2.4.6 Manufacturing

      7. 2.4.7 Others(Residential, Utility, Chemical)

    5. 2.5 Country

      1. 2.5.1 China

      2. 2.5.2 Japan

      3. 2.5.3 India

      4. 2.5.4 Southeast Asia

      5. 2.5.5 Rest of Asia Pacific

APAC Thermal Imaging Systems Market Size FAQs

The APAC Thermal Imaging Systems Market is projected to register a CAGR of 5.60% during the forecast period (2024-2029)

FLIR Systems Inc., Opgal Optronic Industries Ltd.​, Fluke Corporation​, Testo Inc.​ and LYNRED are the major companies operating in the APAC Thermal Imaging Systems Market.

ASIA PACIFIC THERMAL IMAGING SYSTEMS MARKET Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)