Thermal Imaging Market Segment Analysis: Growth Potential, Demand Status and Trends by 2026

The global thermal imaging market in terms of revenue was estimated to be worth USD 3.6 billion in 2021 and is poised to reach USD 4.7 billion by 2026, growing at a CAGR of 5.5% from 2021 to 2026. The new research study consists of an industry trend analysis of the market.

The key factors driving the growth of the global market include Increasing government expenditure on the aerospace & defense sector boosting the growth of the thermal imaging market size. Increasing adoption of thermal imaging in the automotive industry, growing R&D investments by companies, governments, and capital firms for developing innovative thermal imaging solutions, and others.

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Opportunity: Increase in the adoption of thermography for infancy stage diagnosis in healthcare applications

Clinical Thermography (CT) or thermal imaging is a non-invasive screening and diagnostic technique, which is combined with mammography or other scanning or diagnostic tool. Clinical thermography uses thermal cameras for infancy stage diagnose of cancer, infections, injuries, or vascular disease. It is one of the best preventive health assessment techniques, in which thermal cameras produce images based on the amount of heat dissipated by the human body. The images display heat patterns, thermal imbalances, and inflammation produced by blood circulation problems in the human body. This thermal imaging is also used in mass fever screening, neurological disorders, and breast cancer screening. Breast cancer is one of the common cancers diagnosed in women universally. Medical thermal imaging used to diagnose breast cancer is gaining momentum as it is a non-invasive and low-cost technique. Currently, researchers and companies are conducting research studies to improve and introduce advanced thermal imaging techniques.

Challenge: Thermal cameras do not work through glass and water

Thermal cameras detect heat energy dissipated by the human body, animal, or any structure. The camera produces heat patterns and an image based on them, which helps investigate defects, threats, or other possibilities. Thermal imaging cameras do not work through glass and water because glass allows visible light to pass through it, but it acts as a mirror for thermal wavelengths. If a thermal camera is held in front of the glass, it will produce an image of the person holding the thermal camera. The image produced will be a blur and will lack significant detail and contrast.