Infrared and Thermal Imaging Systems Market categorizes global market by Subsector [Commercial, Military], by Technology [Cooled, Uncooled], by Application [Transportation, Security & Surveillance, Thermography, Military Vehicle Vision, Soldier Portable Vision, & Unmanned Systems], & by Geography [North America, Europe, Asia-Pacific, the Middle East, Latin America & ROW]

Dallas, TX -- (SBWire) -- 12/10/2014 --According to a new market research report of "Infrared and Thermal Imaging Systems Market by Technology (Cooled, Uncooled), by Subsector (Commercial, Military), by Application (Transportation, Security & Surveillance, Thermography, Military Vehicle Vision, Soldier Portable Vision, & Unmanned Systems), & by Geography (North America, Europe, Asia-Pacific, the Middle East, Latin America & ROW) - Forecasts & Analysis (2014–2019)" published by MarketsandMarkets, The Market is estimated to be valued at $3,350 Million in 2014 and is expected to reach $5,219.2 Million by 2019 at a CAGR of 9.27%.

Browse more than 63 market data tables with 25 figures spread through 276 pages and in-depth TOC on "Infrared and Thermal Imaging Systems Market by Technology (Cooled, Uncooled), by Subsector (Commercial, Military), by Application (Transportation, Security & Surveillance, Thermography, Military Vehicle Vision, Soldier Portable Vision, & Unmanned Systems), & by Geography (North America, Europe, Asia-Pacific, the Middle East, Latin America & ROW) - Forecasts & Analysis (2014–2019)"

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This report provides a complete insight of the global infrared and thermal imaging systems market for the next five years and discusses the market split and share by different sectors.

Even though the military budget cuts in the U.S. and EU, and the global financial crisis have affected the infrared and thermal imaging systems market, the market has slowly gained stability and is on the verge of a tremendous rise. The main reason for this boost is due to the increased worldwide demand for commercial applications in the transportation and thermographic sector. Similarly, border disputes, terrorism, internal insurgencies, soldier modernization programs, and other issues, have resulted in increased sales of infrared and thermal imaging systems in those regions. The threats from Iran, border issues, and the conflict between Israel and Arab countries, have forced major Arab countries to modernize their troops, which in turn has made the region favorable to infrared and thermal imaging system manufacturers.

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This report categorizes the global market on the basis of technology, subsector, applications, region, and country. On the basis of technology, the market is divided into two: cooled and uncooled infrared and thermal imaging systems. Based on the sub-sector, the market is further divided into the commercial and military market. Transportation, security and surveillance, thermography, military vehicle vision, soldier portable vision, unmanned vehicles, and others, are the application-wise classifications of this market. The regions discussed in the report are North America, Europe, Asia-Pacific, the Middle East, and Latin America.

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