Thermal Camera Market Size, Share, and Trends 2024 to 2034

The global thermal camera market size is calculated at USD 5.62 billion in 2025 and is forecasted to reach around USD 12.75 billion by 2034, accelerating at a CAGR of 9.53% from 2025 to 2034. The North America thermal camera market size surpassed USD 2.41 billion in 2024 and is expanding at a CAGR of 9.66% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 2472
  • Category : Semiconductor and Electronic

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Thermal Camera Market 

5.1. COVID-19 Landscape: Thermal Camera Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Thermal Camera Market, By Product

8.1. Thermal Camera Market, by Product

8.1.1 Handheld

8.1.1.1. Market Revenue and Forecast

8.1.2. Fixed/mounted

8.1.2.1. Market Revenue and Forecast

Chapter 9. Global Thermal Camera Market, By Technology

9.1. Thermal Camera Market, by Technology

9.1.1. Uncooled

9.1.1.1. Market Revenue and Forecast

9.1.2. Cooled

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Thermal Camera Market, By End Use 

10.1. Thermal Camera Market, by End Use

10.1.1. Military and Defense

10.1.1.1. Market Revenue and Forecast

10.1.2. Industrial

10.1.2.1. Market Revenue and Forecast

10.1.3. Commercial

10.1.3.1. Market Revenue and Forecast

10.1.4. Healthcare and Lifescienes

10.1.4.1. Market Revenue and Forecast

10.1.5. Residential

10.1.5.1. Market Revenue and Forecast

10.1.6. Automotive

10.1.6.1. Market Revenue and Forecast

10.1.7. Oil and Gas

10.1.7.1. Market Revenue and Forecast

Chapter 11. Global Thermal Camera Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Product

11.1.2. Market Revenue and Forecast, by Technology

11.1.3. Market Revenue and Forecast, by End Use

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Product

11.1.4.2. Market Revenue and Forecast, by Technology

11.1.4.3. Market Revenue and Forecast, by End Use

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Product

11.1.5.2. Market Revenue and Forecast, by Technology

11.1.5.3. Market Revenue and Forecast, by End Use

11.2. Europe

11.2.1. Market Revenue and Forecast, by Product

11.2.2. Market Revenue and Forecast, by Technology

11.2.3. Market Revenue and Forecast, by End Use

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Product

11.2.4.2. Market Revenue and Forecast, by Technology

11.2.4.3. Market Revenue and Forecast, by End Use

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Product

11.2.5.2. Market Revenue and Forecast, by Technology

11.2.5.3. Market Revenue and Forecast, by End Use

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Product

11.2.6.2. Market Revenue and Forecast, by Technology

11.2.6.3. Market Revenue and Forecast, by End Use

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Product

11.2.7.2. Market Revenue and Forecast, by Technology

11.2.7.3. Market Revenue and Forecast, by End Use

11.3. APAC

11.3.1. Market Revenue and Forecast, by Product

11.3.2. Market Revenue and Forecast, by Technology

11.3.3. Market Revenue and Forecast, by End Use

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Product

11.3.4.2. Market Revenue and Forecast, by Technology

11.3.4.3. Market Revenue and Forecast, by End Use

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Product

11.3.5.2. Market Revenue and Forecast, by Technology

11.3.5.3. Market Revenue and Forecast, by End Use

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Product

11.3.6.2. Market Revenue and Forecast, by Technology

11.3.6.3. Market Revenue and Forecast, by End Use

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Product

11.3.7.2. Market Revenue and Forecast, by Technology

11.3.7.3. Market Revenue and Forecast, by End Use

11.4. MEA

11.4.1. Market Revenue and Forecast, by Product

11.4.2. Market Revenue and Forecast, by Technology

11.4.3. Market Revenue and Forecast, by End Use

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Product

11.4.4.2. Market Revenue and Forecast, by Technology

11.4.4.3. Market Revenue and Forecast, by End Use

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Product

11.4.5.2. Market Revenue and Forecast, by Technology

11.4.5.3. Market Revenue and Forecast, by End Use

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Product

11.4.6.2. Market Revenue and Forecast, by Technology

11.4.6.3. Market Revenue and Forecast, by End Use

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Product

11.4.7.2. Market Revenue and Forecast, by Technology

11.4.7.3. Market Revenue and Forecast, by End Use

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Product

11.5.2. Market Revenue and Forecast, by Technology

11.5.3. Market Revenue and Forecast, by End Use

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Product

11.5.4.2. Market Revenue and Forecast, by Technology

11.5.4.3. Market Revenue and Forecast, by End Use

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Product

11.5.5.2. Market Revenue and Forecast, by Technology

11.5.5.3. Market Revenue and Forecast, by End Use

Chapter 12. Company Profiles

12.1. FLIR Systems Inc.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Seek Thermal

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Axis Communications AB

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Opgal Optronic Industries Ltd.

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Jenoptik AG

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Fluke Corporation

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. PCE Instruments

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Mobotix AG

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. LumaSense Technologies Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Spectronic Plc.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global thermal camera market size was accounted at USD 5.13 billion in 2024 and it is expected to reach around USD 12.75 billion by 2034.

The global thermal camera market is poised to grow at a CAGR of 9.53% from 2025 to 2034.

The major players operating in the thermal camera market are FLIR Systems Inc., Seek Thermal, Axis Communications AB, Opgal Optronic Industries Ltd., Jenoptik AG, Fluke Corporation, PCE Instruments, Mobotix AG, LumaSense Technologies Inc., Spectronic Plc., Optris GmbH, Schneider Electric SE, DIAS Infrared GmbH, InfraTec GmbH, Ulirvision Technology Co. Ltd., HikVision Digital Technology Co., Micro-Epsilon, Caterpillar Inc., Bullit Mobile Ltd., 3M Scott, and Others

Growing commercial use, increasingly utilized in non-military settings and people are using robust thermal cameras in healthcare, which might result in profitable growth opportunities.

North America region will lead the global thermal camera market during the forecast period 2025 to 2034.

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