Future Market Insights has announced the addition of the “Rugged Thermal Cameras Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.
London, UK -- (SBWIRE) -- 08/27/2015 -- Rugged thermal camera is a type of thermo-graphic camera that is mainly used for firefighting. By rendering the infrared radiation as the visible light, these thermal cameras allow the firefighters to perceive areas of heat through darkness, smoke, snow and heat permeable barriers. These thermal cameras have the capability of distinguishing the temperature variances in the infrared range which can further be converted to electronic signals and can be displayed on the screen. Due to these capabilities the rugged thermal cameras are used in an extensive range of applications such as threat detection, surveillance & security, firefighting and numerous more across various industries comprising the healthcare, automotive and military & defense.
Rugged Thermal Cameras Market: Drivers & Restraints
Rugged thermal cameras are gaining importance in the commercial applications such as personal vision, firefighting, surveillance & security. Moreover, as the scope of the rugged thermal cameras is growing, they are making their way in more customer oriented applications. This growing usage of the rugged thermal cameras for commercial applications and reducing cost are the two major drivers driving the growth of the global rugged thermal cameras market. Also features such as ease of use as a digital camera, performing inspections, measuring temperatures, storing the information and saving time & money are further fueling the thermal cameras market growth.However, the decreasing military & defense spending by major countries such as U.S., Italy, France and Canada are restraining the growth of the rugged thermal cameras market globally.
Rugged Thermal Cameras Market: Segmentation
On the basis of application,the global rugged thermal cameras market is segmented into:
Surveillance & Security
Intelligent Transport Systems
Others (includes Personal Vision, Residential & Commercial Security, Veterinary)
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Surveillance & security and maintenance applications are emerging as the dominating applications for global rugged thermal cameras. These two segment together accounted for over 40% of the global rugged thermal cameras market revenue share in 2012.
On the basis of type, the global rugged thermal cameras market is segmented into:
The majority of the rugged thermal cameras being used in the firefighting services are handheld models and are expected to witness a high CAGR as compared to helmet-mounted during the forecast period.
On the basis of solution, the global rugged thermal cameras market is segmented into:
On the basis of end-user sector, the global rugged thermal cameras market is segmented into:
Military & Defense
The military & defense sector is anticipated to witness a high CAGR during the forecast period due to increasing investment by various countries such as Russia, China, Brazil and India for up gradation and modernization of its armed forces.
Rugged Thermal Cameras Market:Region-wise Outlook
On the basis of region, North America is expected to remain the dominating market for global rugged thermal cameras market throughout the forecast period owing to increasing growth of commercial and industrial sector in this region. Moreover, increasing usage of the rugged thermal cameras for the law enforcement activities in this region is further going to fuel the market growth in the coming years. Europe is expected to be the second largest market in the global rugged thermal cameras market, followed by Asia Pacific. Countries in Europe and Asia Pacific primarily China and India are increasing their defence spending, which is expected to drive the rugged thermal cameras market in these regions. Furthermore, Asia Pacific and Latin America are anticipated to be the most lucrative markets for rugged thermal cameras in the next five years. Rugged thermal cameras marketis anticipated to expand at a steady rate in other regions of the world as a result of a slowing global economy and military & defense spending activities in these regions.
Rugged Thermal Cameras Market: Key Player
Some of the market participants in the rugged thermal cameras market are BAE Systems, FLIR Systems, Inc., Danaher Corporation, DRS Technologies, Inc., L-3 Communications Holdings, Inc., Sofeadir Group, Testo AG, Thermoteknix Systems Ltd. and Raytheon Company.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
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The report covers exhaustive analysis on:
Supply & Demand
Competition & Companies involved
Regional analysis includes:
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Middle East and Africa (GCC, S. Africa, N. Africa)