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Global thermal imaging market: 21% CAGR between 2012-2016
Global Thermal Imaging Market 2012-2016 - a new market research report on 2014-03-05 20:07:03
The Global Thermal Imaging market is to grow at a CAGR of 20.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for predictive maintenance of electrical systems. The Global Thermal Imaging market has also been witnessing the emergence of the incorporation of communication interfaces. However, the need for increased investment could pose a challenge to the growth of this market.

Although the thermal imaging cameras facilitates in capturing the thermal images of electrical installations, the thermal images cannot be obtained if the electrical and mechanical installations are housed inside certain materials such as glass. Thus, the thermal imaging vendors have started developing infrared windows that can be fixed/mounted over these housings. Thus, the effective deployment of infrared windows facilitates in regularly maintaining electrical installations, thereby preventing the occurrence of accidents such as arc flash accidents.

Thermal imaging cameras are used in the Healthcare industry to detect body temperatures, nerve fiber dysfunction, other viral infections, and for skin-related issues. In addition, these cameras are used to measure the effectiveness of the local anesthesia, anti-allergic medicines, and to combat pain, in applications such as detecting breast cancers and in mammography. Further, these cameras are also installed at public gatherings, airports, and other places to detect and control the spread of viral infections such as SAARS.

The key vendors dominating this market space are Flir Systems Inc., Fluke Corp., and NEC Avio Infrared Technologies Co. Ltd. The other vendors mentioned in the report are Testo AG, Sierra Pacific Innovations Corp., Global Maintenance Technologies, and Thermoteknix Systems Ltd.

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