Insights on the Thermal Imaging Systems Global Market to 2027 - Featuring BAE Systems, Leonardo DRS and Raytheon Among Others - ResearchAndMarkets.com

The "Thermal Imaging Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 8th edition of this report. The 280-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Thermal Imaging Systems Market to Reach $4.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Thermal Imaging Systems estimated at US$2.9 Billion in the year 2020, is projected to reach a revised size of US$4.5 Billion by 2027, growing at a CAGR of 6.6% over the period 2020-2027.

Fixed Mounted Systems, one of the segments analyzed in the report, is projected to record 7.2% CAGR and reach US$2.9 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Handheld Imaging Devices & Systems segment is readjusted to a revised 5.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $786.1 Million, While China is Forecast to Grow at 10.2% CAGR

The Thermal Imaging Systems market in the U.S. is estimated at US$786.1 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$993 Million by the year 2027 trailing a CAGR of 10.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.2% CAGR.

Competitors identified in this market include, among others:

• BAE Systems PLC
• Elbit Systems Ltd.
• FLIR Systems, Inc.
• L-3 Communications Holdings, Inc.
• Leonardo DRS
• Lockheed Martin Corporation
• Raytheon Company
• Sofradir Group
• Thermoteknix Systems Ltd.
• ULIS

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Thermal Imaging Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 40

For more information about this report visit https://www.researchandmarkets.com/r/rva2br

View source version on businesswire.com: https://www.businesswire.com/news/home/20201126005608/en/