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Players operating in the infrared thermography industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These players also invest in research & development to introduce innovative and technologically advanced solutions in the market. Some of the major players operating in the infrared thermography industry are mentioned below:
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.