Europe Thermal Scanners Market
Thermal scanners detect body heat radiation-usually from the forehead-then estimate core body temperature. These cameras are a potent tool often used by firefighters to track smouldering embers and police to search for suspects who are out of sight. COVID-19 outbreak has increased demand from healthcare facilities for the thermal scanners. The device helps healthcare professionals monitor the temperature of the patient's body and take necessary action based on scanner results. The airline industry across Europe has also increased demand for thermal scanners, where air passengers are screened for any symptoms of the virus. Those factors will affect market growth over the forecast period. Further, increasing demand for thermal scanners at airports for mass screening, increasing government spending in the aerospace and defense sectors, increasing R&D investments by companies, governments, and capital firms to develop innovative thermal scanning solutions and increasing the adoption of thermal scanners in the automotive industry are key factors contributing to this market growth in Europe.
Strategic insights for the Europe Thermal Scanners provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1092.89 Million |
| Market Size by 2027 | US$ 2170.29 Million |
| Global CAGR (2020 - 2027) | 9.4% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
The geographic scope of the Europe Thermal Scanners refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The thermal scanners market in Europe is expected to grow from US$ 1092.89 million in 2019 to US$ 2170.29 million by 2027; it is estimated to grow at a CAGR of 9.4% from 2020 to 2027. The low-pricing of technology has opened a newer market for thermal imaging products in the mainstream applications. Today, thermal imaging technology is not only utilized to surveillance and security application but also utilized for predictive maintenance across diverse industry verticals. The thermal imagers are useful anywhere electrical and mechanical equipment or process temperatures required to be monitored. This includes weld monitoring, pressure vessels, plastic injector molding, glassware manufacturing, and more. Infrared cameras can be utilized in any of the manufacturing facilities. Manufacturing facilities, substations, and refineries are using thermal scanners and cameras to remotely inspect the equipment, identify components at risk of overheating, and offer response before a component fails. Moreover, industries such as carpet manufacturing and food processing where the heat is used for the manufacturing process can be benefited by the technology to automate and enhance the fire safety control. Thus, increasing adoption of advanced thermal devices in various industry applications is driving the growth of Europe thermal scanners market.
Due to COVID-19 outbreak, Spain, Italy, Germany, UK, and France are some of the worst affected member states in the European region. The region is a major manufacturing and industrial hub for sectors automotive, construction, aerospace, energy & power, and IT & telecom. Businesses in the region are facing severe financial difficulties as they either had to suspend their operations to control spread of coronavirus. Hence, due to business lockdowns, travel bans, and supply chain disruptions, the industries have witnessed huge loss and hence use of thermal scanners was limited. Therefore, to combat this situation, players operating in this region are developing thermal scanners to contain further spread of the virus.
In terms of type, the fixed segment accounted for the largest share of the Europe thermal scanners market in 2019. In terms of wavelength, the long-wave infrared segment held a larger market share of the Europe thermal scanners market in 2019. Further, the aerospace and defense segment held a larger share of the market based on end use in 2019.
A few major primary and secondary sources referred to for preparing this report on the thermal scanners market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are FLIR Systems, Inc., AMETEK Inc., Robert Bosch GmbH, Fluke Corporation, and Leonardo S.p.A and others.
The List of Companies - Europe Thermal Scanners Market
The Europe Thermal Scanners Market is valued at US$ 1092.89 Million in 2019, it is projected to reach US$ 2170.29 Million by 2027.
As per our report Europe Thermal Scanners Market, the market size is valued at US$ 1092.89 Million in 2019, projecting it to reach US$ 2170.29 Million by 2027. This translates to a CAGR of approximately 9.4% during the forecast period.
The Europe Thermal Scanners Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Thermal Scanners Market report:
The Europe Thermal Scanners Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Thermal Scanners Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Thermal Scanners Market value chain can benefit from the information contained in a comprehensive market report.
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