The market participants, these days, are privileged to have an access to extensive data for analysing customers’ requirements. Collecting data is one thing; but putting it through proper analytics is something to ponder about. Though Artificial Intelligence (AI) doesn’t come across as a recent trend, it is turning out to be inevitable as of the year 2022 is concerned.
Thermal Scanners Market Forecast and CAGR
According to research, the thermal scanners market is expected to experience substantial gains, expanding at around 7% to 9% CAGR from 2021 to 2031. Demand for thermal scanners will witness steady growth in short-term, with high growth outlook in the long-run.
Subdued demand from various end use industries will create significant opportunities in near future, however, sales of thermal scanners application at aerospace & defense industry will provide momentum.
What is Driving Demand for Thermal Scanners?
Growing demand from end use industries for numerous applications will continues to drive demand for thermal scanners. Aerospace & defense, healthcare & life sciences and other industry applications continue to be a lucrative avenue for scanning solution manufacturers.
Scanners have excellent operational performance which helps in detecting, recording, and producing a careful analysis and image of skin surface temperature patterns as a reflection of normal or abnormal human body conditions across various application in end use industries.0
Aerospace & Defense Industry is Likely to Augment Thermal Scanners Sales
As the manufacturers are likely to witness sustained opportunities in the future from end-use industries. Increasing demand for thermal scanners at airports and other commercial facilities for coronavirus detection across the globe has created the prominence for scanning solutions.
COVID-19 pandemic has created demand for the device across the globe. Increasing coronavirus cases across the U.S. and other countries are expected to have a positive impact on the scanners market. Further, thermal imager is a common scanning procedure used for detecting the body temperature, COVID-19, other virus in the body.
This trend has pushed the growth of the market in terms of value as well as volume sales. The above aspects can create a significant demand for scanners to perform complex operations with advanced technology.
Scanners is also used extensively for complex operations in various industries. Although lockdown and shelter-at-home guidelines have meant restricted production activities, sales are likely to improve over the course of the assessment period.
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China Demand Scenario
China is one of the prominent markets for aerospace & defense and other industries. China market is set to tread on the historic pattern of bust and boom during the assessment period 2021-2031. Demand is likely to remain significant in the next couple of years, as the end use industries make gradual recovery.
Demand for thermal scanners across end use industries in China will be led by aerospace & defense, automotive, health care, and other industries. China will account for high demand for the manufacturing of thermal scanners, as demand for scanner systems continues over the forecast period.
Chain’s investment on aerospace & defense projects is likely to surge significantly over a period and beyond, and this will continue to benefit scanners manufacturing companies.
North America Market Growth Outlook
Apart from Aerospace and Defence, Healthcare and Manufacturing domains are expected to offer usher growth opportunities for Thermal Scanners Market in the forthcoming years for U.S. and Canada. Sound rate of CAPEX and OPEx based investments by stakeholders across the respective end use industries can be attributed to the market growth in the region
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Who are the Key Manufacturers and Suppliers of Thermal Scanners?
Some of the leading manufacturers and suppliers of Thermal Scanners include
- 3M Company (3M Scott)
- 6 Axis Communications Ab
- Ametek Inc. (Ametek Land)
- Canon Inc. (Axis Communications AB)
- COX
- C-Thermal
- LIR Systems Inc.
- Fluke Corporation
- Fortive Corporation (Fluke Corporation)
- HGH Infrared Systems
- Infratec GmbH
- L3Harris Technologies Inc.
- Leonardo SpA
- Opgal
- Optotherm Inc.
- Seek Thermal Inc.
- Terabee
- Testo Se & Co. KGaA
- Thermoteknix Systems Ltd.
- Tonbo Imaging
- Vumii Imaging
- Xenics