Australia and New Zealand Thermal and Acoustic Imaging Market Size and Forecast (2021 - 2031), Country Share, Trend, and Growth Opportunity Analysis Report Coverage: By Thermal Imaging [Type (Thermal Cameras, Thermal Scopes, and Thermal Modules), Technology (Cooled and Uncooled), Wavelength (SWIR, MWIR, and LWIR), and End User (Defense, Automotive, Healthcare and Life Sciences, Oil and Gas, Mining, Utilities, Food and Beverages, Datacenters, and Others)] and Acoustic Imaging [End User (Mining, Utilities, Food and Beverages, and Others)]

BMIRE00031056 | Pages: 120 | Electronics and Semiconductor | Dec 2024 | Status: Published

The Australia and New Zealand Thermal and Acoustic Imaging Market size was valued at US$ 135.12 million in 2023 and is anticipated to reach US$ 211.04 million by 2031. The Australia and New Zealand Thermal and Acoustic Imaging Market is estimated to record a CAGR of 5.7% from 2023 to 2031.

Environmental monitoring involves using tools and techniques to observe and assess environmental quality and measure the impact of activities on the environment. Data is collected, analyzed, and compiled into reports for risk and impact assessments. The goal is to manage and reduce an organization's environmental impact, ensuring legal compliance and protecting both the environment and human health.

Acoustic imaging has quickly become an invaluable tool for monitoring the environment, offering a creative and effective way to study both natural and human-made changes through sound. Using sound waves to collect data provides a non-invasive and affordable way to track the health of ecosystems, monitor marine life, and observe urban environments without disrupting the surroundings. For example, in July 2024, research led by Nelson's Cawthron Institute shed new light on the underwater lives of Hector's dolphins, including the animals' feeding and diving behaviors, which experts have not previously recorded. The study used DTAGs (digital acoustic recording tags) fitted with suction cups and temporarily attached to Hector's dolphins in Marlborough's Te Koko-o-Kupe/Cloudy Bay. With the increasing environmental concerns and stringent safety regulations, industries are adopting acoustic imaging to monitor emissions and ensure compliance. For instance, acoustic imaging cameras can effectively locate fugitive emissions and air leaks, making them valuable tools for environmental management. With the help of sound recordings from an ecosystem, environmental monitoring companies or authorities can detect alien or endangered species, describe species phenology, and document changes in ecological status or human impacts on nature. Acoustic imaging cameras are also effective in environmental monitoring, where they can locate and provide early warnings for abnormal noise levels, helping to address potential environmental concerns proactively. Australian Public Service (APS) and Net Zero National Environmental Monitoring Standards (NEMS) are a few of the government standards and services that promote the use of environmental monitoring solutions. Thus, the use of acoustic imaging for environment monitoring is fueling the Australia and New Zealand Thermal and Acoustic Imaging Market growth.

Based on wavelength, the Australia and New Zealand Thermal and Acoustic Imaging Market is segmented into SWIR, MWIR, and LWIR. The MWIR segment held the largest Australia and New Zealand Thermal and Acoustic Imaging Market share in 2023. Middle wavelength infrared (MWIR) is typically defined as the 3.0–5.0 μm wavelength range. MWIR cameras are used as detection systems for gas leaks such as methane, propane, ethanol, and sulfur hexafluoride. Drones with MWIR cameras mounted on them are used for safety inspections of machinery and infrastructure that contain pollutants and toxic gases. These cameras are also used when precision is more important than exact temperature, enabling their application in airport perimeter security and laboratory research for engineers and scientists. MWIR cameras offer crisp imagery, precise temperature measurement, and streamlined analysis capabilities required for industrial, military, and manufacturing research and development applications. This leads to their demand from the industrial, manufacturing, and defense sectors.

Teledyne FLIR LLC; Testo SE & Co. KGaA; Fluke Corporation; UNI-TREND TECHNOLOGY (CHINA) CO., LTD.; Hangzhou Microimage Software Co., Ltd.; Megger Group Limited; and SDT International SA/NV are among the prominent players profiled in the Australia and New Zealand Thermal and Acoustic Imaging Market report. Several other major players were also studied and analyzed in the Australia and New Zealand Thermal and Acoustic Imaging Market report to get a holistic view of the market and its ecosystem.

The overall Australia and New Zealand Thermal and Acoustic Imaging Market share has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the Australia and New Zealand Thermal and Acoustic Imaging Market. The process also helps obtain an overview and forecast of the market with respect to all the market segments. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Australia and New Zealand Thermal and Acoustic Imaging Market.

1.           Introduction

1.1       The Insight Partners Research Report Guidance

1.2       Market Segmentation

2.           Executive Summary

2.1       Key Insights

3.           Research Methodology

3.1       Secondary Research

3.2       Primary Research

3.2.1         Hypothesis formulation:

3.2.2         Macro-economic factor analysis:

3.2.3         Developing base number:

3.2.4         Data Triangulation:

3.2.5         Country level data:

4.           Australia and New Zealand Thermal and Acoustic Imaging Market Landscape

4.1       Overview

4.2       PEST Analysis

4.3       Ecosystem Analysis

4.3.1         List of Vendors in Value Chain

4.4       Premium Insights

4.4.1         Product Mapping

4.4.2         Company Share Analysis:

4.4.2.1            Company Share Analysis for Australia and New Zealand Thermal Imaging Market

4.4.2.2            Company Share Analysis for Australia and New Zealand Acoustic Imaging Market

5.           Australia and New Zealand Thermal and Acoustic Imaging Market – Key Market Dynamics

5.1       Australia and New Zealand Thermal and Acoustic Imaging Market – Key Market Dynamics

5.2       Market Drivers

5.2.1         Rise in Military Expenditure

5.2.2         Robust Use of Thermal Imaging in Healthcare

5.2.3         Acoustic Imaging for Environmental Monitoring

5.3       Market Restraints

5.3.1         Supply Chain Disruptions

5.4       Market Opportunities

5.4.1         Integration of Artificial Intelligence in Thermal and Acoustic Imaging Systems

5.4.2         Growth of Electric Vehicle Market

5.5       Future Trends

5.5.1         Rising Demand for Miniaturization of Electronic Components

5.6       Impact of Drivers and Restraints:

6.           Australia and New Zealand Thermal and Acoustic Imaging Market Analysis

6.1       Australia and New Zealand Thermal and Acoustic Imaging Market Revenue (US$ Million), 2021–2031

6.2       Australia and New Zealand Thermal and Acoustic Imaging Market Forecast and Analysis

6.3       Australia and New Zealand Thermal Imaging Market Revenue (US$ thousand), 2021–2031

6.4       Australia and New Zealand Acoustic Imaging Market Revenue (US$ thousand), 2021–2031

7.           Australia and New Zealand Thermal Imaging Market Analysis – by Type

7.1       Thermal Cameras

7.1.1         Overview

7.1.2         Thermal Cameras: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

7.2       Thermal Scopes

7.2.1         Overview

7.2.2         Thermal Scopes: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

7.3       Thermal Modules

7.3.1         Overview

7.3.2         Thermal Modules: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

8.           Australia and New Zealand Thermal Imaging Market Analysis – by Technology

8.1       Cooled

8.1.1         Overview

8.1.2         Cooled: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

8.2       Uncooled

8.2.1         Overview

8.2.2         Uncooled: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

9.           Australia and New Zealand Thermal Imaging Market Analysis – by Wavelength

9.1       SWIR

9.1.1         Overview

9.1.2         SWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

9.2       MWIR

9.2.1         Overview

9.2.2         MWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

9.3       LWIR

9.3.1         Overview

9.3.2         LWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.        Australia and New Zealand Thermal Imaging Market Analysis – by End User

10.1     Aerospace and Defense

10.1.1       Overview

10.1.2       Aerospace and Defense: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.2     Automotive

10.2.1       Overview

10.2.2       Automotive: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.3     Healthcare and Life Sciences

10.3.1       Overview

10.3.2       Healthcare and Life Sciences: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.4     Oil and Gas

10.4.1       Overview

10.4.2       Oil and Gas: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.5     Mining

10.5.1       Overview

10.5.2       Mining: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.6     Utilities

10.6.1       Overview

10.6.2       Utilities: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.7     Food and Beverages

10.7.1       Overview

10.7.2       Food and Beverages: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.8     Datacentres

10.8.1       Overview

10.8.2       Datacentres: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

10.9     Others

10.9.1       Overview

10.9.2       Others: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

11.        Australia and New Zealand Acoustic Imaging Market Analysis – by End User

11.1     Utilities

11.1.1       Overview

11.1.2       Utilities: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

11.2     Mining

11.2.1       Overview

11.2.2       Mining: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

11.3     Food and Beverages

11.3.1       Overview

11.3.2       Food and Beverages: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

11.4     Others

11.4.1       Overview

11.4.2       Others: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

12.        Australia and New Zealand Thermal and Acoustic Imaging Market – Country Analysis

12.1     Asia Pacific

12.1.1       Australia and New Zealand Thermal and Acoustic Imaging Market Revenue and Forecast and Analysis – by Country

12.1.1.1          Australia and New Zealand Thermal and Acoustic Imaging Market Revenue and Forecast and Analysis – by Country

12.1.1.2          Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

12.1.1.2.1        Australia Thermal Imaging Market Breakdown by Type

12.1.1.2.2        Australia Thermal Imaging Market Breakdown by Technology

12.1.1.2.3        Australia Thermal Imaging Market Breakdown by Wavelength

12.1.1.2.4        Australia Thermal Imaging Market Breakdown by End User

12.1.1.2.5        Australia Acoustic Imaging Market Breakdown by End User

12.1.1.3          New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

12.1.1.3.1        New Zealand Thermal Imaging Market Breakdown by Type

12.1.1.3.2        New Zealand Thermal Imaging Market Breakdown by Technology

12.1.1.3.3        New Zealand Thermal Imaging Market Breakdown by Wavelength

12.1.1.3.4        New Zealand Thermal Imaging Market Breakdown by End User

13.        Competitive Landscape

13.1     Company Positioning & Concentration

13.2     Heat Map Analysis By Key Players

14.        Industry Landscape

14.1     Overview

14.2     Market Initiative

14.3     Product Development

14.4     Mergers & Acquisitions

15.        Company Profiles

15.1     Teledyne FLIR LLC

15.1.1       Key Facts

15.1.2       Business Description

15.1.3       Products and Services

15.1.4       Financial Overview

15.1.5       SWOT Analysis

15.1.6       Key Developments

15.2     Testo SE & Co. KGaA

15.2.1       Key Facts

15.2.2       Business Description

15.2.3       Products and Services

15.2.4       Financial Overview

15.2.5       SWOT Analysis

15.2.6       Key Developments

15.3     Fluke Corporation

15.3.1       Key Facts

15.3.2       Business Description

15.3.3       Products and Services

15.3.4       Financial Overview

15.3.5       SWOT Analysis

15.3.6       Key Developments

15.4     UNI-TREND TECHNOLOGY (CHINA) CO., LTD.

15.4.1       Key Facts

15.4.2       Business Description

15.4.3       Products and Services

15.4.4       Financial Overview

15.4.5       SWOT Analysis

15.4.6       Key Developments

15.5     Hangzhou Microimage Software Co., Ltd.

15.5.1       Key Facts

15.5.2       Business Description

15.5.3       Products and Services

15.5.4       Financial Overview

15.5.5       SWOT Analysis

15.5.6       Key Developments

15.6     Megger Group Limited

15.6.1       Key Facts

15.6.2       Business Description

15.6.3       Products and Services

15.6.4       Financial Overview

15.6.5       SWOT Analysis

15.6.6       Key Developments

15.7     SDT International SA/NV

15.7.1       Key Facts

15.7.2       Business Description

15.7.3       Products and Services

15.7.4       Financial Overview

15.7.5       SWOT Analysis

15.7.6       Key Developments

16.        Appendix

16.1     About The Insight Partners

16.2     Word Index

 

List of Tables

Table 1.             Australia and New Zealand Thermal and Acoustic Imaging Market Segmentation

Table 2.             Ecosystem: Australia and New Zealand Thermal and Acoustic Imaging Market

Table 3.             List of Vendors in Value Chain

Table 4.             Australia and New Zealand Thermal and Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Table 5.             Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Type

Table 6.             Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Technology

Table 7.             Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Wavelength

Table 8.             Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 9.             Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 10.          Australia and New Zealand Thermal and Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Country

Table 11.          Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Type

Table 12.          Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Technology

Table 13.          Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Wavelength

Table 14.          Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 15.          Australia Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 16.          New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Type

Table 17.          New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Technology

Table 18.          New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by Wavelength

Table 19.          New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 20.          New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand) – by End User

Table 21.          Company Positioning & Concentration

Table 22.          List of Abbreviation

 

List of Figures

Figure 1.           Australia and New Zealand Thermal and Acoustic Imaging Market Segmentation, by Country

Figure 2.           PEST Analysis

Figure 3.           Impact Analysis of Drivers and Restraints

Figure 4.           Australia and New Zealand Thermal and Acoustic Imaging Market Revenue (US$ Thousand), 2021–2031

Figure 5.           Australia and New Zealand Thermal Imaging Market Revenue (US$ Thousand), 2021–2031

Figure 6.           Australia and New Zealand Acoustic Imaging Market Revenue (US$ Thousand), 2021–2031

Figure 7.           Australia and New Zealand Thermal Imaging Market Share (%) – by Type, 2023 and 2031

Figure 8.           Thermal Cameras: Australia and New Zealand Thermal and Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 9.           Thermal Scopes: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 10.        Thermal Modules: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 11.        Australia and New Zealand Thermal Imaging Market Share (%) – by Technology, 2023 and 2031

Figure 12.        Cooled: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 13.        Uncooled: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 14.        Australia and New Zealand Thermal Imaging Market Share (%) – by Wavelength, 2023 and 2031

Figure 15.        SWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 16.        MWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 17.        LWIR: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 18.        Australia and New Zealand Thermal Imaging Market Share (%) – by End User, 2023 and 2031

Figure 19.        Aerospace and Defense: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 20.        Automotive: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 21.        Healthcare and Life Sciences: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 22.        Oil and Gas: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 23.        Mining: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 24.        Utilities: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 25.        Food and Beverages: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 26.        Datacentres: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 27.        Others: Australia and New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 28.        Australia and New Zealand Acoustic Imaging Market Share (%) – by End User, 2023 and 2031

Figure 29.        Utilities: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 30.        Mining: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 31.        Food and Beverages: Australia and New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 32.        Others: Australia and New Zealand Thermal and Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 33.        Australia and New Zealand Thermal and Acoustic Imaging Market Breakdown by Key Countries, 2023 and 2031 (%)

Figure 34.        Australia Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 35.        Australia Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 36.        New Zealand Thermal Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 37.        New Zealand Acoustic Imaging Market – Revenue and Forecast to 2031 (US$ Thousand)

Figure 38.        Heat Map Analysis By Key Players

  • Teledyne FLIR LLC
  • Testo SE & Co. KGaA
  • Fluke Corporation
  • UNI-TREND TECHNOLOGY (CHINA) CO., LTD.
  • Hangzhou Microimage Software Co., Ltd.
  • Megger Group Limited
  • SDT International SA/NV.
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Australia and New Zealand thermal and acoustic imaging market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the Australia and New Zealand thermal and acoustic imaging market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
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