Long Wave Infrared (LWIR) Thermal Imaging Camera Market Revenue was valued at USD 2.5 Billion in 2024 and is estimated to reach USD 4.5 Billion by 2033, growing at a CAGR of 7.5% from 2026 to 2033.
The global Long Wave Infrared (LWIR) Thermal Imaging Camera market was valued at approximately USD 3.45 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2030. The market growth can be attributed to the increasing demand for LWIR thermal imaging cameras in various industries such as automotive, security, defense, and healthcare. Additionally, technological advancements and the growing need for non contact temperature measurements are contributing to the markets expansion. The market size in 2030 is projected to reach USD 6.89 billion, driven by rising applications in surveillance, military operations, and industrial inspections.
Regionally, North America held the largest market share of around 35% in 2022, owing to the widespread adoption of LWIR thermal imaging cameras across various sectors like defense, automotive, and healthcare. Europe is expected to follow, holding a significant share due to the growing demand for thermal imaging in the automotive and security sectors. Meanwhile, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period, with a CAGR of 8.2%, driven by increasing investments in industrial applications and the rising focus on security systems. The growth in emerging markets, particularly in China and India, is expected to provide ample opportunities for the market players in the coming years.
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AMETEK Land
New Infrared Technologies
S.L.
Bertin Technologies
TEMPSENS
Workswell s.r.o.
FLIR SYSTEMS
NEC Avio Infrared Technologies
PHOTONIS
HGH SYSTEMES INFRAROUGES
Specim
XENICS
Quanhom Technology Co.
LTD
BOSCH
Telops
Zhejiang ULIRVISION Technology Co.
LTD
Hubei Jiuzhiyang Infrared System Co.
Ltd
VY Photonics
Excelitas Technologies
InfiRay
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market
Handheld Thermal Imaging Cameras
Mounted Thermal Imaging Cameras
CCTV Thermal Imaging Cameras
Thermal Imaging Sensors for Drones
Uncooled LWIR Cameras
Cooled LWIR Cameras
Aerospace and Defense
Automotive
Healthcare
Energy and Utilities
Industrial and Manufacturing
Building and Construction
Marine
Government and Law Enforcement
Healthcare Providers
Oil and Gas
Fire and Rescue Services
Manufacturers
Research and Development Laboratories
Resolution (Low, Medium, High)
Temperature Range
Batteries and Power Supply
Video and Image Recording Capabilities
Compatibility with Software Solutions
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market, By Type
6. Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market, By Application
7. Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Long Wave Infrared (LWIR) Thermal Imaging Camera Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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