Sales of temperature detection screens will surpass the valuation of US$ 1.2 Bn in 2022, as per the forecast of a new Future Market Insights (FMI) study. With an impressive projected growth outlook during 2022 – 2030, global Temperature Detection Screen Market is most likely to be receiving tailwinds from the current coronavirus crisis.
The global Temperature Detection Screen Market stands at a valuation of US$ 1.2 Bn in 2022, and is projected to attain an estimated worth of US$ 4.2 Bn by the end of 2030, expanding at a staggering CAGR of 16.9% over the period of 2022-2030.
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Key Market Dynamics
Thermal imaging technique is being continuously researched and is one of the key diagnostic technologies incorporated for industrial applications. Such temperature detection screens are playing a major role in the manufacturing industry for detecting faults and anomalies that are otherwise invisible to the naked eye. These benefits are creating potential growth opportunities for the temperature detection screen market.
Furthermore, fusion of intelligent robotics and automation tools with temperature detection screens and thermal imaging equipment helps discover anomaly hot-spots and determine the maintenance strategy. Various industries across the globe have discovered the benefits of incorporating temperature detection screens and related equipment, which is in turn driving the growth of temperature detection screen market.
Key Takeaways of Temperature Detection Screen Market Study
- Temperature detection screen market in Europe is expected to hold leading revenue by the end of the forecast period.
- The healthcare, and government and law enforcement industries are estimated to be primary end users in the global temperature detection screen market.
- Portable/handheld temperature detection screens are likely to register a higher adoption rate compared to their fixed/mounted variants.
- Infrared thermal scanning cameras are highly expensive and are estimated to witness a lower rate of adoption as compared to contactless temperature detectors.
COVID-19 Pandemic Impact Analysis
The healthcare industry is witnessing considerable upsurge in demand for contactless thermal scanners and temperature detectors. Such temperature detective screens are playing a crucial role on a global scale amidst the ongoing COVID-19 pandemic. The non-contact temperature screening feature helps screen patients while enabling healthcare professional and authorities avoid the contagion.
As the number of COVID-19 infections continues to grow, the healthcare industry is focusing on procuring medical tools and equipment to monitor and contain the spread of COVID-19 virus. This demand for thermal scanners and temperature detection screens is increasing rapidly on a global level.
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Key Segments of Temperature Detection Screen Industry Survey
Temperature Detection Screen Market by Product:
- Infrared Thermal Scanning Cameras
- Contactless Temperature Detectors
Temperature Detection Screen Market by Type:
- Portable/Handheld Temperature Detection Screens
- Fixed/Mounted Temperature Detection Screens
Temperature Detection Screen Market by End Use:
- Temperature Detection Screens for Government and Law Enforcement
- Temperature Detection Screens for Military and Defence
- Temperature Detection Screens for Healthcare
- Temperature Detection Screens for Energy and Power
- Temperature Detection Screens for Transportation and Logistics
- Temperature Detection Screens for Commercial Spaces
- Others
Temperature Detection Screen Market by Region:
- North America Temperature Detection Screen Market
- Latin America Temperature Detection Screen Market
- Europe Temperature Detection Screen Market
- East Asia Temperature Detection Screen Market
- South Asia & Pacific Temperature Detection Screen Market
- Middle East & Africa (MEA) Temperature Detection Screen Market
More Valuable Insights on Temperature Detection Screen Market
Future Market Insights offers an unbiased analysis of the global temperature detection screen market, providing historical data for 2015-2021 and forecast statistics from 2022-2030. To understand opportunities in the temperature detection screen market, the market is segmented on the basis of product, type, and end-use across six major regions.
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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