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The Global Thermal Imaging Market size was valued at USD 4.8 billion in 2023. It is likely to grow up to USD 5.7 billion by 2030 at a CAGR of 6.2% during the forecast period ranging between 2025 and 2030.

The growth of the thermal imaging market size is fueled by the increasing government expenditure globally on the aerospace & defense sector. The thermal imaging is adopted widely in the automotive industry, development in thermal imaging solutions and rising R&D investments by companies too contribute the market growth. Technological advancements in automotive industry are gaining traction. Also to improve night vision and detect any animals or personnel in misty, and foggy conditions, and automatically stop the vehicle to prevent any accidents, these vehicles are used. However, restriction imposed on export of thermal imaging products is hindering the market growth.

Browse market data Tables and Figures spread through 135 Pages and in-depth TOC on Global Thermal Imaging Market By Technology (Pneumatic Actuators, Electric Actuators, Hydraulic Actuators), By Valve Type (Ball Valves, Globe Valves, Butterfly Valves, Check Valves, Gate Valves, and others), By Industry (Water and Wastewater, Power Generation, Oil and Gas, Chemicals, Food and Beverages, and other), By Application (Remote Monitoring and Control, Predictive Maintenance, Energy Management, and other), and By Geography (North America, Europe, Asia Pacific and Middle East & Africa) - Forecast from 2025 to 2030.

Global Thermal Imaging Market Segmentation and Key Players

By Product Type, thermal cameras dominate the global thermal imaging market.  

The thermal cameras segment held the largest share of the market and continues the growth during the forecast period due to electronic image of high-quality precision is produced in less time.

"North America dominates the global thermal imaging market." 

North America dominated the market as this region is home to the major producers of thermal imaging components, like scopes, thermal cameras, and modules. 

Some of the key players in this market are FLIR Systems, BAE Systems, Thermoteknix Systems, Leonardo, Fluke Corporation, United Technologies, L3HARRIS TECHNOLOGIES, Testo, Axis Communications, Opgal, Xenics

Recent Devlopments by the key Players

Fluke Corporation (the market leader in electronic test and measurement tools) has announced the launch of the iSee Mobile Thermal Camera. This camera is a portable thermal camera with the resolution to deliver detailed image quality comparable to professional cameras, with full temperature range analysis.

The Global Thermal Imaging Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Thermal Imaging Market coverage (By Value)

• Product Type Insight and Forecast 2025 - 2030
  • Thermal Cameras
  • Thermal Modules
  • Thermal Scopes
• Wavelength Insight and Forecast 2025 - 2030
  • Shortwave Infrared (SWIR)
  • Mid-wave Infrared (MWIR)
  • Long-wave Infrared (LWIR)
• Technology Insight and Forecast 2025 - 2030
  • Cooled
  • Uncooled
• Application Insight and Forecast 2025 - 2030
  • Security and Surveillance
  • Monitoring and Inspection
  • Detection and Measurement

Geographical Segmentation

Global Thermal Imaging Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Vietnam
  • Thailand
  • Malaysia
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries