USD 3.8 Billion
Report ID:
SQMIG35A2656 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
59
|Figures:
75
Thermal Scanners Market size was valued at USD 4.18 Billion in 2022 and is poised to grow from USD 4.59 Billion in 2023 to USD 9.85 Billion by 2031, at a CAGR of 10% during the forecast period (2024-2031).
The global thermal scanners market has witnessed significant growth and adoption due to the COVID-19 pandemic and increasing awareness about the benefits of thermal imaging technology in various industries. The market's expansion has been primarily driven by the urgent need to monitor body temperatures during the pandemic for fever detection and infection control in public spaces like airports, schools, offices, and healthcare facilities. The non-contact nature of thermal scanning devices offers a safer and more efficient screening method, leading to their widespread deployment in pandemic response efforts. Beyond the healthcare sector, thermal scanners have found applications in industries such as industrial automation, security and surveillance, and transportation. In industrial settings, thermal scanners are used for equipment monitoring, predictive maintenance, and process control. In the security and surveillance domain, thermal cameras enable enhanced perimeter protection and threat detection, especially in low-light conditions.
In transportation, thermal scanners have been employed for monitoring passenger body temperatures and identifying potential health risks. However, along with its rapid growth, the global thermal scanners market also faces some challenges. One major challenge is the temporary surge in demand due to the pandemic, leading to supply chain disruptions and shortages. The sudden increase in demand has put pressure on manufacturers to ramp up production to meet global requirements. Additionally, the market's growth is expected to stabilise after the pandemic subsides, potentially resulting in a decline in demand for thermal scanners for fever screening purposes. Moreover, as with any new technology, there are concerns about accuracy and reliability. Thermal scanners may encounter challenges in accurately measuring body temperature, especially when used in non-ideal conditions or on individuals wearing face masks.
Calibration and accuracy maintenance are crucial to ensuring the effectiveness of thermal scanning systems. Furthermore, the regulatory landscape poses challenges to the thermal scanner market. Different regions have varying guidelines and requirements for temperature screening devices, and compliance with these regulations is essential for manufacturers and users. Despite these challenges, the demand for thermal scanners is expected to continue to grow, driven by ongoing efforts to ensure public safety and the increasing recognition of their utility across various industries. As technology continues to advance and manufacturers address the existing challenges, thermal scanners are likely to become an integral part of infection control and monitoring protocols, contributing to improved public health and safety in the post-pandemic world.
US Thermal Scanners Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3.8 Billion
Largest Segment
Uncooled
Fastest Growth
Uncooled
Growth Rate
10% CAGR
To get more reports on the above market click here to Buy The Report
The global thermal scanners market is segmented on the basis of type, technology, and region. By type, the market is segmented into fixed and portable thermal scanners. By technology, the market is segmented into cooled and uncooled thermal scanners. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Thermal Scanners Market Analysis By Type
The global thermal scanners market can be segmented by type into fixed and portable thermal scanners. Among these segments, portable thermal scanners have emerged as the dominant category in terms of market share. Portable thermal scanners offer flexibility and mobility, making them suitable for a wide range of applications in various industries. During the COVID-19 pandemic, the demand for portable thermal scanners surged due to their ability to provide non-contact fever screening at entry points, healthcare facilities, and public places. The portability and ease of deployment have made them a preferred choice for immediate and temporary screening needs.
On the other hand, the fastest-growing segment in the market is fixed thermal scanners. Fixed thermal scanners are permanently installed at specific locations, providing continuous temperature monitoring and surveillance. These scanners find extensive application in industrial settings, such as manufacturing plants, warehouses, and critical infrastructure facilities. They are utilised for continuous monitoring of equipment, detecting anomalies, and ensuring the safety and efficiency of industrial processes. The increasing adoption of Industry 4.0 and automation in industries has fueled the demand for fixed thermal scanners to enable predictive maintenance and enhance overall productivity.
Thermal Scanners Market Analysis By Technology
The global thermal scanners market can be segmented by technology into cooled and uncooled thermal scanners. Among these segments, uncooled thermal scanners are the dominant category in terms of market share. Uncooled thermal scanners use microbolometer technology, which does not require cooling to operate. These scanners are more cost-effective, compact, and energy-efficient compared to cooled thermal scanners. The dominance of uncooled technology can be attributed to its wide adoption in various applications, including fever screening during the COVID-19 pandemic, industrial monitoring, security surveillance, and automotive driver-assistance systems.
On the other hand, the fastest-growing segment in the market is cooled thermal scanners. Cooled thermal scanners utilise a more complex technology involving cryogenically cooled detectors, which offer higher sensitivity and better image resolution. Although cooled thermal scanners are more expensive and require regular maintenance due to the cooling component, they are gaining popularity in applications that demand superior performance, such as military and defence, scientific research, and long-range surveillance. The growing need for advanced thermal imaging capabilities in these specialised sectors is driving the demand for cooled thermal scanners.
To get detailed analysis on other segments, Request For Free Sample Report
North America stands as the dominant segment in terms of market share. The well-established healthcare infrastructure, advanced technological advancements, and early adoption of thermal scanning technology have contributed to the region's dominant position. Additionally, the significant impact of the COVID-19 pandemic has led to an increased demand for thermal scanners for fever screening in public places, which further strengthened North America's position in the market.
On the other hand, Asia-Pacific emerges as the fastest-growing segment in the global market. The region's rapid growth can be attributed to the increasing awareness of the importance of public health and safety, along with rising investments in healthcare infrastructure. Governments and private sectors across countries like China, India, Japan, and South Korea have been actively deploying thermal scanners for pandemic response efforts and industrial applications. Furthermore, the rising demand for automation and industrial monitoring solutions is driving the adoption of thermal scanners in the region's manufacturing and automotive sectors.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Thermal Scanners Market Drivers
Increasing Emphasis on Public Safety
Growing Adoption in Industrial Automation
Thermal Scanners Market Restraints
High Costs
Accuracy and Reliability Concerns
Request Free Customization of this report to help us to meet your business objectives.
The competitive landscape of the global thermal scanners market is marked by a dynamic and diverse ecosystem of manufacturers, suppliers, and service providers. The market is highly competitive, with numerous players vying for market share across various industries and applications. The increased demand for thermal scanners due to the COVID-19 pandemic has attracted new entrants and startups, further intensifying the competition. Established companies in the industry are continuously investing in research and development to improve the accuracy, sensitivity, and affordability of thermal scanning devices. Technological advancements have resulted in the introduction of innovative products, further enhancing competition and providing customers with a wide range of options to choose from. Strategic collaborations, partnerships, and acquisitions are common in the thermal scanners market. Companies are forming alliances to expand their product portfolios, enter new markets, and leverage each other's expertise. This trend has facilitated the integration of thermal scanners into diverse applications, such as healthcare, industrial automation, security, and transportation. Furthermore, marketing and promotional activities play a crucial role in establishing brand presence and gaining a competitive edge in the market. Manufacturers and providers often engage in promotional campaigns, educational initiatives, and participation in industry events to showcase their products and services to potential customers. The regulatory landscape also shapes the competitive dynamics of the market. Compliance with industry standards and regulations is essential for companies to gain the trust of customers and ensure the safety and efficacy of their thermal scanners.
Thermal Scanners Market Top Player’s Company Profile
Thermal Scanners Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global thermal scanners market analysis, the combination of the well-established market in North America and the rapid growth in the Asia-Pacific region has contributed to the overall expansion of the global thermal scanners market. The market has also witnessed remarkable growth and transformation, driven primarily by the urgent demand for fever screening and infection control during the COVID-19 pandemic. Thermal scanners have become a vital tool in the fight against the pandemic, with widespread adoption in public places, healthcare facilities, and workplaces. The integration of thermal scanning technology with IoT and AI has further enhanced the capabilities of these devices, enabling real-time data analytics and remote monitoring. Additionally, the diverse applications of thermal scanners in industrial automation, security, and automotive sectors have expanded their utility beyond pandemic response efforts.
Advancements in thermal imaging technology, such as uncooled microbolometers and image processing algorithms, have improved the accuracy and sensitivity of thermal scanners. The market has also witnessed the development of handheld and wearable devices, offering flexibility and portability for various applications. Integration with access control systems has facilitated touchless entry and crowd management in public spaces. Moreover, smart thermal cameras combining thermal and visible light imaging with AI capabilities have paved the way for more advanced analytics and situational awareness.
While the pandemic-driven demand surge is expected to stabilise in the post-pandemic period, the market's growth trajectory remains positive. Regulatory compliance and standardisation efforts are shaping the industry, and manufacturers are working on reducing costs and enhancing affordability to promote wider adoption. The Global Thermal Scanners Market is poised for continued expansion as technology continues to evolve, applications diversify, and companies invest in research and development. The future of thermal scanners looks promising, as they continue to play a crucial role in public safety, industrial monitoring, and various other sectors, contributing to improved health, security, and efficiency on a global scale.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 4.18 Billion |
Market size value in 2031 | USD 9.85 Billion |
Growth Rate | 10% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Thermal Scanners Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Thermal Scanners Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Thermal Scanners Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Thermal Scanners Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG35A2656
sales@skyquestt.com
USA +1 351-333-4748