(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 26, 2021, 02:45 /Comserve / -- Middle East and North Africa Thermal Camera Market A thermal camera captures & creates an image of an object using infrared radiation & thermal energy emitted from the object in a process called thermal imaging.
With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
Middle East and North Africa Thermal Camera Market A thermal camera captures & creates an image of an object using infrared radiation & thermal energy emitted from the object in a process called thermal imaging. The thermal cameras primarily improve the clarity and visibility of an object in a dark room or place. It recognizes an object through its infrared energy and data to create an image via digital or analog video output. The rising adoption of thermal cameras for security and inspection services is likely to boom their market.
According to the MarkNtel Advisors' research report, 'Middle East and North Africa Thermal Camera Market Analysis 2021,' the market is likely to grow at a CAGR of around 13% during 2021-26 due to the rising demand for thermal cameras by various end-user industries, such as automotive, industrial, oil & gas, military & defense, etc. Thermal cameras can be equipped in manufacturing units to detect hotspots, which could cause massive production losses and manufacturing downtime. Further, thermal cameras have minimal impact on the environment, making them safe for use, thereby boosting the market growth.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Middle East and North Africa Thermal Camera Market Future Growth, and Revenue Forecast, (2021-2026)
Due to the outbreak of the COVID-19 pandemic, the healthcare industry has become the center of focus. Therefore, demand for thermal cameras by the healthcare sector has fueled the growth of the market. Owing to the social distancing norms and need for isolation during the spread of pandemic has further increased the installment of thermal cameras in public places like airports for tracing patients. Moreover, increasing government investments in R&D activities to produce advanced thermal cameras also present lucrative growth opportunities for the market in the forecast period.
Handheld Thermal Camera Accounted for the Largest Market Share
Based on the product analysis, the handheld thermal camera acquired the largest share in the Middle East and North Africa Thermal Camera Market in the previous year due to its wide range of applications, such as predictive maintenance, thermal imaging, and medical imaging. The handheld thermal camera is used majorly in the military & defense industry for identifying potential threats during the day & night. Thus, this contributes to the overall growth of the market, reveals MarkNtel Advisors in their research report, 'Middle East and North Africa Thermal Camera Market Analysis, 2021.'
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The Final Report will cover the impact analysis of COVID-19 on this industry: Middle East and North Africa Thermal Camera Market Future Growth, and Revenue Forecast, (2021-2026)
Healthcare and Life Science Holds the Highest Market Share
Based on end-users, the healthcare and life science segment has dominated the Middle East and North Africa Thermal Camera Market in the previous year due to the use of thermal cameras to capture and record changes in body temperature for diagnostic purposes. Through thermal images, medical professionals & researchers study a body's metabolic functions and detect irregular physiological changes. These devices can also help identify diseases where the skin's temperature indicates a damaged tissue or circulatory disorder.
UAE Grabbed the Largest Market Share
Country-wise, the UAE dominated the Middle East and North Africa Thermal Camera Market in the previous year due to technological modifications in thermal cameras, leading to their reduced prices. The implementation of thermal cameras in public places also supports the development of smart cities. Further, the government's focus to promote trade & tourism increases the demand for installing thermal cameras for security surveillance. The implementation of thermal cameras in public places supports the development of smart cities.
Proliferating Thermal Cameras for Surveillance Management likely to Fuel the Market Growth
The demand for thermal cameras for surveillance management has grown tremendously owing to the increase in the usage of thermal cameras by the defense and military industry to cater to night patrolling. Additionally, due to the surging need for border security & surveillance for identifying latent threats during day and night, the demand for thermal cameras has significantly propelled, owing to their easy integration with binoculars, military vehicles, and arms for remote operations.
Competitive Landscape
According to MarkNtel Advisors, the market leaders in the Middle East & North Africa Thermal Cameras Market are Flir System, Thermoteknix Systems Ltd., Leonardo S.p.A., Synectics plc, Seek Thermal, InfraTec GmbH Infrarotsensorik, Axis Communications AB, Opgal Optronic Industries Ltd., etc.
Key Questions Answered in the Market Research Report:
1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Middle East and North Africa Thermal Camera Market?
2. What is the country-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Middle East and North Africa Thermal Camera Market?
TABLE OF CONTENT
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Market Segmentation
1.4. Assumptions
2. Preface
3. Executive Summary
4. Impact of COVID-19 on Middle East and North Africa Thermal Camera Market
5. Middle East and North Africa Thermal Camera Market Outlook, 2016-2026F
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