Stratview Research delivers key insights on the global Handheld Thermal Imager Market. According to Stratview Research, the market is segmented by Product Type (Cooled Thermal Imager and Uncooled Thermal Imager), by Wavelength Type (LWIRMWIR, and SWIR), by Platform Type (Ground-based Platforms and Naval-based Platforms), and by Region [Brazil, Argentina, and Others]).

Market Insights

The report suggests that the overall Handheld Thermal Imager Market was valued at US$ 1.8 Billion in 2021 and is projected to reach US$ 2.3 Billion by 2027, registering a CAGR of 3.8% during the forecast period.

Key Players

The following are some of the key players in the handheld thermal imager market:

  • Raytheon Technologies
  • Leonardo DRS
  • BAE Systems

Market Segments' Analysis

Product Trends

The market is classified as cooled and uncooled thermal imagers. Uncooled thermal imagers occupied the major share of more than 77.3%, registering a CAGR of 4% in 2021.

Platform Trends

The market is bifurcated into ground-based and naval-based platforms. Between platform types, the ground-based platform dominates the market with share of more than 93.3%, registering a CAGR of 3.9% in 2021.

Regional Analysis

The North American Market, which accounts for over 3.8% share of the global military expenditure, is likely to remain the dominant region, followed by Asia pacific as the fastest-growing region with a CAGR of around 5% during the forecast period.

FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

-          What is the global demand for handheld thermal imager market in terms of revenue?

-          Which are the prominent players in the market?

-          At what CAGR is the market projected to grow within the forecast period?

-          What are the driving factors fuelling the growth of the market?

-          Which region accounted for the largest share in the market?

-          How did the Covid19 impacted the market?

-          How long will it take to recover from the Covid impact?

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