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Global Thermal Imaging Market Expected to Reach USD 6,098.8 Million in 2019: Transparency Market Research
Date:7/16/2014

re in 2012. The defense and military sector is expected to dominate the market over forecast period due to the increasing investment by various countries such as China, U.K, Russia and India for upgrade and modernization of armed forces. Thermal imaging devices are widely used in applications such as surveillance and security, maintenance and monitoring, traffic monitoring, healthcare, automobile, research and development, and others (firefighting and personal vision). Surveillance & security and maintenance & monitoring applications are emerging as promising applications for thermal imaging devices. These two segments together accounted for 44.7% of market revenue share in 2012. Demand for surveillance and security is supported by the need to enhance border and commercial security. Commercial security includes security of airports, ports, estates and warehouse.

Browse Press Release of Thermal Imaging Market @ http://www.transparencymarketresearch.com/pressrelease/thermal-imaging-market.htm

Geographically, North America is expected to remain largest market for thermal imaging due to the growth in industrial and commercial sector in the country. North America is anticipated to dominate this market throughout the forecast period due to the increasing use of thermal imaging devices for law enforcement activities. Europe would be the next largest market followed by Asia-Pacific. Countries in Europe and Asia-Pacific are increasing their defense spending, which is expected to drive thermal imaging market in these regions.

Global thermal imaging market was dominated by few existing players in 2012. Renowned players
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