Thermal Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Thermal Imaging System Market is Segmented by Application (Thermography, Military, Surveillance, Personal Vision Systems, Fire Fighting, Smartphones (Ruggedized)), Form Factor (Handheld Imaging Devices and Systems, Fixed Mounted Systems), and Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Thermal Imaging Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Thermal Imaging Systems Market Size

Thermal Imaging Systems Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 7.78 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Thermal Imaging Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Thermal Imaging Systems Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Thermal Imaging Systems Market Analysis

The Thermal Imaging Systems Market is expected to register a CAGR of 7.78% during the forecast period.

  • Companies have also miniaturized IR and thermal imaging sensors due to technological advancements, making them highly efficient, thereby increasing their ease of use. Handheld IR and thermal imaging systems gain traction for their portability and find their applications in various industry verticals, such as hospitals, saving repair times and heating costs.
  • Further, automotive applications are expected to gain traction in the next five years. The increasing use of thermal imaging systems such as thermal cameras in the automotive sector to reduce the risks in driving, especially at night, is a significant reason for this application's thermal imaging market growth.
  • Moreover, recent developments in cooled mercury cadmium telluride (MCT or HgCdTe) infrared detector technology have made the development of high-performance infrared cameras possible for various demanding thermal imaging applications.
  • The factors, such as rising demand for surveillance across various verticals, gradually decreasing thermal cameras cost, and rapid development of high-speed infrared cameras, lead to increased demand for IR cameras, consequently driving the market growth.
  • However, inaccurate measurements and image color issues associated with the cameras are challenging market growth. The industries heavily relying on IR cameras are military, defense, and automotive.
  • The COVID-19 Pandemic has increased demand for thermal imaging solutions across various industries, including healthcare, life science, transportation, and others. Several firms have reduced the transmission of illness at their locations. Authorities in nations such as China use thermal cameras and eyewear to identify pedestrians in high temperatures. Personnel addition, police are scanning and identifying persons with elevated body temperatures using AI-powered thermal smart helmets.

Thermal Imaging Systems Industry Overview

The thermal imaging system market is fragmented during the forecast period, with a considerable number of regional and global players. The major players in the market, such as Flir Systems Inc., Opgal Optronic Industries Ltd, Fluke Corporation, Testo Inc., and Seek Thermal Inc., are trying to gain more market share with product innovations. In June 2022, Teledyne FLIR Systems Inc. announced the addition of an E52 camera to their Exx thermal Imaging device line, which now includes the E54, E96, E86, and E76 versions. The new E52 camera features professional-level thermal resolution to guarantee photos are simple to see and on-camera routing functionality to boost field survey efficiency.

Thermal Imaging Systems Market Leaders

  1. FLIR Systems Inc.

  2. Opgal Optronic Industries Ltd.​

  3. Fluke Corporation​

  4. Testo Inc.​

  5. Seek Thermal Inc.

  6. *Disclaimer: Major Players sorted in no particular order
Thermal Imaging Systems Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Thermal Imaging Systems Market News

  • May 2022 - Teledyne FLIR System Inc., Defense will supply thermal imaging systems to the United States Army. The FWS-I system will provide infrared imaging to soldiers in all weather and illumination circumstances. Teledyne Technologies' Teledyne FLIR Defense has made a new agreement worth up to USD 500.2 Million to supply advanced thermal imaging systems to the United States Army.
  • May 2022 - Trijicon Inc. launched Q-LOC Technology Quick Release Mounts. Trijicon Inc., a global provider of innovative targeting solutions for the hunting, shooting, military, and law enforcement sectors, announced that Trijicon Q-LOC Technology quick-release mounts are now available in various mounting systems to accommodate practically any optical platform. Trijicon red dots, thermal optics, and riflescopes are all compatible with Q-LOC Technology.

Thermal Imaging Systems Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Supply Chain Analysis (Includes list of Thermal Camera Manufacturers, Thermal Imager/Detector Suppliers, Lens Set Suppliers, etc.)
  • 4.3 Industry Attractiveness - Porter Five Forces
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Intensity of Competitive Rivalry
    • 4.3.5 Threat of Substitutes
  • 4.4 Impact of COVID-19 on the Thermal Imaging Industry
  • 4.5 Global Pricing Analysis - By Application and By Technology

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Reducing Cost of Thermal Imaging Systems has Led to the Adoption Across various End Users
    • 5.1.2 Increasing Spending by Government and Defense Activities
  • 5.2 Market Restraints
    • 5.2.1 Lack of Regular Support and Services

6. MARKET SEGMENTATION

  • 6.1 By Application
    • 6.1.1 Thermography
    • 6.1.2 Military
    • 6.1.3 Surveillance
    • 6.1.4 Personal Vision Systems
    • 6.1.5 Fire Fighting
    • 6.1.6 Smartphones (Ruggedized)
    • 6.1.7 Other Applications (Automotive, Maritime, and other commercial)
  • 6.2 By Form Factor
    • 6.2.1 Handheld Imaging Devices and Systems
    • 6.2.2 Fixed Mounted (Rotary and Non-Rotary)
  • 6.3 By Country
    • 6.3.1 North America
    • 6.3.2 Europe
    • 6.3.3 Asia-Pacific
    • 6.3.4 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Flir Systems Inc.
    • 7.1.2 Opgal Optronic Industries Ltd
    • 7.1.3 Fluke Corporation
    • 7.1.4 Testo Inc.
    • 7.1.5 Seek Thermal Inc.
    • 7.1.6 Trijicon Inc.
    • 7.1.7 Bullard GmbH
    • 7.1.8 HT Italia S.r.l.
    • 7.1.9 Raytheon Co.
  • *List Not Exhaustive

8. LIST OF RESEARCH INSTITUTES INVOLVED IN THERMAL IMAGING

9. INVESTMENT ANALYSIS

10. FUTURE OF THE MARKET

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Thermal Imaging Systems Industry Segmentation

The scope of the study includes both imagers and thermal cameras. Thermal Detectors with main functionality to sense & detect thermal radiation as opposed to imagers, whose main function is to take an image of thermal radiation.

The Thermal Imaging Systems market is segmented by Application (Thermography, Military, Surveillance, Personal Vision Systems, Fire Fighting, Smartphones (Ruggedized)), Form Factor (Handheld Imaging Devices and Systems, Fixed Mounted Systems), and Geography. The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

By Application Thermography
Military
Surveillance
Personal Vision Systems
Fire Fighting
Smartphones (Ruggedized)
Other Applications (Automotive, Maritime, and other commercial)
By Form Factor Handheld Imaging Devices and Systems
Fixed Mounted (Rotary and Non-Rotary)
By Country North America
Europe
Asia-Pacific
Rest of the World
Need A Different Region or Segment?
Customize Now

Thermal Imaging Systems Market Research FAQs

What is the current Thermal Imaging Systems Market size?

The Thermal Imaging Systems Market is projected to register a CAGR of 7.78% during the forecast period (2025-2030)

Who are the key players in Thermal Imaging Systems Market?

FLIR Systems Inc., Opgal Optronic Industries Ltd.​, Fluke Corporation​, Testo Inc.​ and Seek Thermal Inc. are the major companies operating in the Thermal Imaging Systems Market.

Which is the fastest growing region in Thermal Imaging Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Thermal Imaging Systems Market?

In 2025, the North America accounts for the largest market share in Thermal Imaging Systems Market.

What years does this Thermal Imaging Systems Market cover?

The report covers the Thermal Imaging Systems Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Thermal Imaging Systems Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Thermal Imaging Systems Industry Report

Statistics for the 2025 Thermal Imaging Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thermal Imaging Systems analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.