Market forecast By Product (Handheld, Mounted, Scopes and Goggles), By Technology (Cooled, Uncooled), By Applications (Monitoring and Inspection, Security and Surveillance, Detection and Measurement, Search and Rescue Operations), By End-Users (Military and Defense, Industrial, Commercial, Healthcare and Life Sciences, Residential, Automotive, Oil and Gas) and competitive landscape
Product Code: ETC004103 | Publication Date: Sep 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Iraq handheld thermal camera market |
Forecast period | 2024-2030 |
CAGR | 7.5% |
Growing Sector | Industrial Sector |
Iraq handheld thermal camera market report thoroughly covers the market by Product, Technology, Applications and End-Users. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Iraq handheld thermal camera market has been thriving and is predicted to rise more at a significant growth rate during the forecast period. There are factors contributing to the market growth such as increasing demand from various sectors including security, defence, and wildlife monitoring.
According to 6Wresearch, Iraq handheld thermal camera market size is expected to grow at a significant CAGR of approximately 7.5% during 2024-2030. This growth can be attributed to the ongoing advancements in thermal imaging technology, increased applications in various sectors, and a heightened focus on security measures. As industries continue to recognise the value of thermal cameras in enhancing operational efficiency, this sustained demand is likely to fuel market expansion throughout the forecast period. Furthermore, strategic partnerships and collaborations among market players could accelerate technological innovations, further driving growth in this sector.
The market is also dealing with a number of challenges that are hampering its growth. One of the main challenges is the costly nature of advanced thermal imaging technology, which could stop smaller businesses and government organizations with less money from using it.
Some significant companies that are operating in the market and continuously contributing to its success are FLIR Systems, SEEK Thermal and Testo SE & Co. KGaA. These market leaders have the opportunity to take advantage of the increasing demand for thermal imaging technology through establishing a competitive environment that drives ongoing improvements and developments in their product lines.
Government regulations have a significant impact on how the Iraqi handheld thermal camera market develops. Higher standards currently apply to the use and importing of thermal imaging equipment as an outcome of strengthened national security procedures. To guarantee that these devices are used correctly, especially in sensitive areas like border control and military operations, regulatory agencies must set compliance criteria.
In future, a number of new trends and advancements are expected to have an important effect on the growth of the Iraqi handheld thermal camera market. It is anticipated that as artificial intelligence (AI) and machine learning continue to be incorporated into thermal imaging technologies, image processing capabilities will improve, enabling more accurate analysis and real-time data interpretation.
According to Dhaval, Research Manager, 6Wresearch, Monocular devices are expected to witness the highest demand as they offer advantages, including portability, ease of use, and lower cost, making them increasingly appealing to a wide range of users, from individual security personnel to small businesses.
On the basis of Applications segment, Military operations are expected to rise the most as these use the advanced surveillance technologies for enhanced operational effectiveness, situational awareness, and reconnaissance missions.
In terms of end-user, the market is categorised into Military and Defence, Industrial, Commercial, Healthcare and Life Sciences, Residential, Automotive and Oil and Gas. Industrial sector is projected to expand as businesses seek efficient monitoring solutions for safety and energy efficiency.
The report offers a comprehensive study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Iraq Handheld Thermal Camera Market Overview |
3.1. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F |
3.2. Iraq Handheld Thermal Camera Market – Industry Life Cycle |
3.3. Iraq Handheld Thermal Camera Market – Porter’s Five Forces |
3.4. Iraq Handheld Thermal Camera Market Revenue & Volume Share, By Verticals, 2020 & 2030F |
3.5. Iraq Handheld Thermal Camera Market Revenue & Volume Share, By Types, 2020 & 2030F |
3.6. Iraq Handheld Thermal Camera Market Revenue & Volume Share, By Technology, 2020 & 2030F |
3.7. Iraq Handheld Thermal Camera Market Revenue & Volume Share, By Applications, 2020 & 2030F |
4. Iraq Handheld Thermal Camera Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Iraq Handheld Thermal Camera Market Trends |
6. Iraq Handheld Thermal Camera Market Overview, By Product |
6.1. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F, By Monocular Handheld Thermal Camera |
6.2. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F, By Binocular Handheld Thermal Camera |
7. Iraq Handheld Thermal Camera Market Overview, By Applications |
7.1. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F, By Military |
7.2. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F, By Industrial |
7.3. Iraq Handheld Thermal Camera Market Revenues & Volume, 2020-2030F, By Household |
8. Iraq Handheld Thermal Camera Market Overview, By End Users |
8.1. Iraq Handheld Thermal Camera Market Revenues & Volume, By Military and Defense, 2020-2030F |
8.2. Iraq Handheld Thermal Camera Market Revenues & Volume, By Industrial, 2020-2030F |
8.3. Iraq Handheld Thermal Camera Market Revenues & Volume, By Commercial, 2020-2030F |
8.4. Iraq Handheld Thermal Camera Market Revenues & Volume, By Healthcare and Life Sciences, 2020-2030F |
8.5. Iraq Handheld Thermal Camera Market Revenues & Volume, By Residential, 2020-2030F |
8.6. Iraq Handheld Thermal Camera Market Revenues & Volume, By Automotive, 2020-2030F |
8.7. Iraq Handheld Thermal Camera Market Revenues & Volume, By Oil and Gas, 2020-2030F |
9. Iraq Handheld Thermal Camera Market Key Performance Indicators, 2019 |
10. Iraq Handheld Thermal Camera Market Opportunity Assessment |
10.1. Iraq Handheld Thermal Camera Market Opportunity Assessment, By Product |
10.2. Iraq Handheld Thermal Camera Market Opportunity Assessment, By Applications |
10.2. Iraq Handheld Thermal Camera Market Opportunity Assessment, By End Users |
11. Iraq Handheld Thermal Camera Market Competitive Landscape |
11.1. Iraq Handheld Thermal Camera Market Revenue Share, By Companies, 2023 |
11.2. Iraq Handheld Thermal Camera Market Competitive Benchmarking, By Operating and Technical Parameters, 2020 |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |