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SARASOTA, Fla. , March 15, 2022 /PRNewswire/ -- Maxtech International, Inc. is releasing the 2022 edition of its market research report on Commercial and Dual-Use Infrared Imaging and Infrared Thermometry Equipment markets (Vol. IRW-C).
In 2020-2021, the Commercial and Dual-Use Infrared Imaging Equipment market underwent significant changes due to the rise of the Covid pandemic. In 2020, this caused a surge in orders for Elevated Skin Temperature/Fever (EST/fever) components and cameras and resulted in a 29% revenue growth while traditional infrared applications fell back. In 2021, as the EST applications dropped significantly, traditional applications recovered, helping to ease the market decline. Good growth is expected to resume in 2022 and by 2027, the market is expected to increase to $9.7 billion .
The report forecasts market sizes for Infrared Imaging and Thermometry through 2027. Six-year forecasts are provided separately for cooled and uncooled infrared imaging equipment in the following application areas: Predictive Maintenance (condition monitoring), Building/HVAC Inspection, Process Control, Research & Development, Traditional Nondestructive Testing, Law Enforcement, Hunter's Thermal Sights, Automotive Night Vision (including Advanced Driver Assistance Systems (ADAS) and Autonomous/Self-driving cars), Aircraft Enhanced Vision Systems (EVS/EFVS), Firefighting, Surveillance/Security, Optical Gas Imaging (OGI) and Consumer/Emerging (including smartphones). Dual-Use applications covered include Weapon Sights, Soldier Sights, Vehicle Sights, Airborne and Ground applications and others. However, strictly military systems (infrared missile seekers, targeting systems, etc.) are not covered in this report.
Market shares of leading supplier companies are provided and Company Profiles for 60 companies worldwide are detailed. Market shares are given separately for suppliers of:
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