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Thermal Imaging Market to Reach USD 4.99 Billion By 2027 | Reports And DataNEW YORK, Aug. 11, 2020 /PRNewswire/ -- The Global Thermal Imaging Market is forecast to reach USD 4.99 Billion by 2027, according to a new report by Reports and Data. The growth of thermal imaging in various end-use industries is driving market demand. An increase in terrorist activities has impacted government and non-government revenue to a great extent. Increasing terrorism, instability, geopolitical tension, and cross border terrorism is driving market demand. The investment in the defense system for the modernization of military equipment is also encouraging the growth of the market. Thermal imaging helps armed forces to protect borders during nightfall and extreme weather. The growth of the market also depends on the advancement of medical technologies. Several growth opportunities and adoption of the latest advanced technologies in the sector is providing ample growth opportunity for the market. Several areas, such as digital research and construction management, involve the usage of thermal imaging technologies. It is crucial for construction planners to study energy losses, moisture inspections, and building envelope inspection. Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/3404 High level of investment in construction development coupled with the growing demand for professional surveillance and the rising need for security applications in public and private sectors are propelling the market demand. However, restrictions in export and additional details required for longwave infrared cameras are hampering the market demand. COVID-19 Impact Analysis: The pandemic has propelled the demand for the market from the transportation and healthcare sectors. Various market players of developing nations are integrating artificial intelligence to enhance their protection level. Government all across the globe are implementing stringent regulations to locate high-risk zones, or those asked to be in-home quarantine. Smartphone apps integrated with geotagging features have been launched by several governments to ensure physical distancing. The market will witness an increased demand as there more advanced technologies are being adopted. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/thermal-imaging-market Further key findings from the report suggest
For the purpose of this report, Reports and Data has segmented the Global Thermal Imaging Market on the basis of product type, application, industry vertical, and region: Product Type Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Industry Vertical Outlook (Revenue, USD Billion; 2017-2027)
Regional Outlook (Revenue, USD Billion; 2017-2027)
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About Reports and Data Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John W View original content:http://www.prnewswire.com/news-releases/thermal-imaging-market-to-reach-usd-4-99-billion-by-2027--reports-and-data-301110070.html SOURCE Reports And Data |