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Based on application, the market is segmented into energy auditing, HVAC system inspection, electrical system inspection, insulation inspection, structural analysis, and fire/flare detection. The fire/flare detection segment dominated the global market with a share of over 20% in 2022.
Based on thermal component, the infrared thermography market is divided into cameras, scopes, and modules. The scopes segment is estimated to register a CAGR of over 6% by 2032.
Asia Pacific dominated the global infrared thermography market with a share of over 80% in 2022. Growing industrialization and infrastructure developments in nations such as China & India have resulted in a significant need for non-contact temperature measuring and predictive maintenance solutions. The widespread adoption of modern technologies in industries including manufacturing, construction & healthcare has increased the demand for precise thermal imaging systems for process control, building inspections, and medical diagnostics. Growing awareness of energy efficiency and the benefits of thermography in lowering energy consumption & emissions will propel market progress in the Asia Pacific region.
The infrared thermography industry size was over USD 400 million in 2022 and is estimated to register over 5.5% CAGR between 2023 and 2032.
Asia Pacific infrared thermography market share was over 80% in 2022 and will grow through 2032 owing to growing industrialization and infrastructure developments in nations such as China & India that have resulted in a significant need for non-contact temperature measuring and predictive maintenance solutions.
The scopes segment is estimated to register over 6% CAGR from 2023 to 2032 as it offers improved target detection capabilities, making it valuable in various applications including surveillance, security, and hunting.
Fluke Corporation, Infrared Cameras Inc., InfraTec GmbH, Micro-Epsilon Messtechnik GmbH & Co. KG, Optris GmbH, Raytheon Technologies Corporation, and Teledyne FLIR LLC.