Thermal Imaging Market

Yole Developpement: In 2020, thermal imaging and sensing took center stage in the fight against COVID-19. After an Elevated Body/Surface Temperature (EBT/EST) camera sales gold-rush for a great many manufacturers, the demand finally fell in late 2020 and is returning to normal through 2021. The overall thermal imaging market is expected to decrease from $6.6B in 2020 to $6.2B in 2021, settling at a higher revenue point than prepandemic levels. However, a 7.2% CAGR from 2021 to 2026 could make the market climb to $8.8B.

In 2020, Chinese thermal imager manufacturers supplied thermal imagers en masse, mainly due to the EBT/EST applications, and more than doubled their shipment market share in going from 18% in 2019 to 39% in 2020. The market had grown significantly YoY 2019–2020, with every stakeholder profiting. Chinese players reaped more fruit due to their technology ramp-up in the last few years in conjunction with the strong appetite for fever detection cameras, especially in the domestic market, which was more widely accepted than in western countries.

--

--

--

Marc. Y. , Tech Leader. Focus on new techs such as 4D Sensing, AR, AV/Robot, and AIoT. More at http://4da.tech/

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Trending: 50 Engagement Photo Ideas for Every Couple

Ani-Mia’s Got It Covered: Embodying Bettie Page

What is Co Living for Remote Working — A tour inside Sun and Co, Spain’s world famous coliving…

7 tricks to take better photos with any camera, today

5 Of My Favourite Photographs From The Lake District

Stunning Tree Bark images

Photographer’s Cave

goofing around

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
For 4D Sensing, AR, AV/Robot, and AIoT

For 4D Sensing, AR, AV/Robot, and AIoT

Marc. Y. , Tech Leader. Focus on new techs such as 4D Sensing, AR, AV/Robot, and AIoT. More at http://4da.tech/

More from Medium

Predicting Where Each QB Will End Up This Offseason

Today I interviewed Ryan Wright on January 14, 2022 over Microsoft teams.

NASDEX: DEMOCRATISING THE EQUITY MARKET

Legends about Real Estate Agents by Ash Samadi