Rugged Thermal Cameras Market Growth, Forecast and Value Chain 2015-2025: FMI Estimate

Global Rugged
Thermal Cameras
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015 – 2025
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Description
Report Description
Rugged thermal camera is a type of thermo-graphic camera that is mainly used for
firefighting. By rendering the infrared radiation as the visible light, these thermal cameras allow
the firefighters to perceive areas of heat through darkness, smoke, snow and heat permeable
barriers. These thermal cameras have the capability of distinguishing the temperature variances
in the infrared range which can further be converted to electronic signals and can be displayed
on the screen. Due to these capabilities the rugged thermal cameras are used in an extensive
range of applications such as threat detection, surveillance & security, firefighting and numerous
more across various industries comprising the healthcare, automotive and military & defense.
Rugged Thermal Cameras Market: Drivers & Restraints
Rugged thermal cameras are gaining importance in the commercial applications such as
personal vision, firefighting, surveillance & security. Moreover, as the scope of the rugged
thermal cameras is growing, they are making their way in more customer oriented applications.
This growing usage of the rugged thermal cameras for commercial applications and reducing
cost are the two major drivers driving the growth of the global rugged thermal cameras market.
Also features such as ease of use as a digital camera, performing inspections, measuring
temperatures, storing the information and saving time & money are further fueling the thermal
cameras market growth. However, the decreasing military & defense spending by major
countries such as U.S., Italy, France and Canada are restraining the growth of the rugged thermal
cameras market globally.
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Rugged Thermal Cameras Market: Segmentation
On the basis of application,the global rugged thermal cameras market is segmented into:
• Threat Detection
• Predictive Maintenance
• Radiology
• Surveillance & Security
• Land Systems
• Airborne Systems
• Maritime Systems
• Surveys
• Fire Fighting
• Intelligent Transport Systems
• Automotive
• Others (includes Personal Vision, Residential & Commercial Security, Veterinary)
Surveillance & security and maintenance applications are emerging as the dominating
applications for global rugged thermal cameras. These two segment together accounted for over
40% of the global rugged thermal cameras market revenue share in 2012.
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Description
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On the basis of type, the global rugged thermal cameras market is segmented into:
• Handheld
• Helmet-mounted
The majority of the rugged thermal cameras being used in the firefighting services are handheld
models and are expected to witness a high CAGR as compared to helmet-mounted during the
forecast period.
On the basis of solution, the global rugged thermal cameras market is segmented into:
• Hardware
• Software
• Services
On the basis of end-user sector, the global rugged thermal cameras market is segmented into:
• Military & Defense
• Commercial
The military & defense sector is anticipated to witness a high CAGR during the forecast period
due to increasing investment by various countries such as Russia, China, Brazil and India for up
gradation and modernization of its armed forces.
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Rugged Thermal Cameras Market: Region-wise Outlook
On the basis of region, North America is expected to remain the dominating market for global
rugged thermal cameras market throughout the forecast period owing to increasing growth of
commercial and industrial sector in this region. Moreover, increasing usage of the rugged
thermal cameras for the law enforcement activities in this region is further going to fuel the
market growth in the coming years. Europe is expected to be the second largest market in the
global rugged thermal cameras market, followed by Asia Pacific. Countries in Europe and Asia
Pacific primarily China and India are increasing their defence spending, which is expected to
drive the rugged thermal cameras market in these regions. Furthermore, Asia Pacific and Latin
America are anticipated to be the most lucrative markets for rugged thermal cameras in the next
five years. Rugged thermal cameras market is anticipated to expand at a steady rate in other
regions of the world as a result of a slowing global economy and military & defense spending
activities in these regions.
Rugged Thermal Cameras Market: Key Player
Some of the market participants in the rugged thermal cameras market are BAE Systems, FLIR
Systems, Inc., Danaher Corporation, DRS Technologies, Inc., L-3 Communications Holdings, Inc.,
Sofeadir Group, Testo AG, Thermoteknix Systems Ltd. and Raytheon Company.
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Rugged thermal camera is a type of thermo-graphic camera that is mainly used for firefighting. By rendering the infrared radiation as the visible light, these thermal cameras allow the firefighters to perceive areas of heat through darkness, smoke, snow and heat permeable barriers. These thermal cameras have the capability of distinguishing the temperature variances in the infrared range which can further be converted to electronic signals and can be displayed on the screen.