Global Market Outlook on Rugged Thermal Cameras

March 11th 2016 Mumbai, India:Bharatbook.com announces a report on “ Global Market Outlook on Rugged Thermal Cameras ”. Surveillance & security applications is the leading market segment for rugged thermal cameras along with maintenance applications, they are expected to account for more than 43% of share among the global market by the year 2022.



The Rugged Thermal Camera helps to detect problems before their occurrence, improving safety, and increase uptime. It allows in visualizing potential problems, by presenting image of the temperature circulation of an asset. The thermal picture shows pinpoint potential problems where the temperature is too cold or too hot, when it accessed on LCD screen. The applications of rugged thermal camera includes usage in security & surveillance, threat detection, healthcare, military and defense. Reducing cost of rugged thermal cameras and increasing commercial applications are the key factors driving the market growth. Reducing expenditure on military & defense by developed countries in North America and Europe such as U.S., Canada, France and Italy are limiting the market growth.



Surveillance & security applications is the leading market segment for rugged thermal cameras along with maintenance applications, they are expected to account for more than 43% of share among the global market by the year 2022. The handheld cameras are mainly used in firefighting services and are expected to grow at the highest CAGR over the forecast period. Increasing expenditure on military & defense in countries such as India, China, Russia and Brazil are likely to witness favorable growth during the forecast period. North America has the largest market followed by Europe. Asia Pacific and Latin America are expected to grow at the highest CAGR during the forecast period.



The key players of the market include, DRS Technologiess, Inc., Raytheon Company., Sofeadir Group, FLIR Systems, Inc., Testo AG, BAE Systems, Thermoteknix...