Infrared Imaging Market

FLIR Systems (US) and Fluke (US) are the Key Players in the Infrared Imaging Market

Infrared imaging is a technology that allows users to capture invisible infrared images and convert them into visible images. Security and surveillance, and monitoring and inspection are the major applications of infrared imaging products. The infrared imaging market is expected to be valued at USD 7.30 Billion by 2023, growing at a CAGR of 7.18% between 2018 and 2023. Growing demand for infrared imaging products from the emerging countries of APAC is one of the major factors fueling the growth of the infrared imaging market.

The major players in the infrared imaging market have primarily adopted the strategy of product launches to strengthen their product portfolio and expand the reach of their offerings to new clients. In 2018, FLIR Systems (US) announced the availability of a high-resolution Thermal Vision Automotive Development Kit (ADK) featuring the high-performance FLIR Boson thermal camera for automakers, tier 1 automotive parts suppliers, and innovators of advanced driver assistance systems (ADAS). In 2017, Axis Communications (Sweden) also launched AXIS P1280-E thermal network camera, an indoor/outdoor thermal camera with a resolution of 208×156 and a field of view of 35°.

FLIR Systems (US) and Fluke (US) are 2 of the key players in the infrared imaging market. FLIR Systems is engaged in designing, developing, marketing, and distributing technologies that are used to enhance user perception and awareness. Thermal and visible light imaging systems, locator systems, threat detection systems, and measurement and diagnostic systems are some of the products offered by the company. With these products, FLIR Systems caters to its customers from varied verticals, such as military and defense, construction, energy and utilities, transportation, and industrial manufacturing. The company has a strong infrared imaging product portfolio, which it is further trying to enhance by launching products. Besides the product launch strategy, the company focuses on other strategies such as contracts, collaborations, and acquisitions to strengthen its presence in the infrared imaging market.

Fluke is a well-known and trusted company in the infrared imaging market. The company’s brand has good reputation in the market for ruggedness, ease of use, safety, and quality. Fluke’s product portfolio consists of various industrial testing equipment used by technicians, engineers, metrologists, medical device manufacturers, and computer network professionals, among others. The company has a strong infrared imaging product portfolio consisting of over 30 products. Fluke emphasizes on the product launch strategy for further strengthening its grip on the infrared imaging market.

Related Reports:

Infrared Imaging Market by Technology (Cooled Infrared Imaging and Uncooled Infrared Imaging), Wavelength (Near Infrared, Shortwave Infrared, Mid-wave Infrared, and Long-wave Infrared), Application, Vertical, and Geography - Global Forecast to 2023

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Report Code
SE 3270
Published ON
Mar, 2018
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