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: ETC003360 | Publication Date: Aug 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Iraq Thermal Camera Market |
Forecast period | 2025-2031 |
CAGR | 5% |
Growing Sector | Defence |
The Iraq 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.
The Iraq Thermal Camera Market has been witnessing growth in the past years and is projected to grow steadily in the coming years. The growth is driven by increasing popularity in various industries, government initiatives, conflicts in the country, and advanced technologies.
According to 6Wresearch, the Iraq Thermal Camera Market size is expected to grow at a significant CAGR of 5% during 2025-2031. One of the major drivers for the growth of the thermal camera market in Iraq is the increasing need for security and surveillance. With ongoing conflicts and threats from terrorist organizations in the region, there has been a significant demand for advanced security systems that can help detect potential threats. Another driver for the growth of the thermal camera market in Iraq is its use in industrial applications such as oil and gas facilities, power plants, and construction sites. These cameras help identify equipment malfunctions by detecting abnormal temperature readings, thus preventing potential accidents and saving costs on maintenance and repairs.
One of the major challenges is the high cost associated with thermal camera technology. These cameras are relatively expensive compared to traditional CCTV systems, making it difficult for small and medium-sized businesses to afford them. Another challenge for the thermal camera market in Iraq is the availability of cheaper alternatives such as night vision goggles and motion sensors.
Some of the key players operating in the Iraq thermal camera market are FLIR Systems Inc., Axis Communications AB, DRS Technologies Inc., Raytheon Company, Honeywell International Inc., L-3 Communications Holdings Inc., BAE Systems plc, United Technologies Corporation, Leonardo S.p.A., and Sofradir Group. These companies are constantly innovating and introducing new products to cater to the specific needs of the Iraqi market.
One of the major initiatives is establishing a local thermal imaging manufacturing facility. This will not only reduce import costs but also create job opportunities for locals and boost the economy. Additionally, the government has also introduced tax incentives for companies investing in thermal camera technology. Moreover, the government has collaborated with major international players in the thermal camera industry to promote technological advancements. Furthermore, the government has also implemented strict safety regulations that require the use of thermal cameras in various industries such as oil and gas, construction, and security.
The Iraq Thermal Camera Market is expected to witness steady growth in the coming years due to increasing investments in infrastructure development and rising security concerns. The adoption of thermal cameras is also expected to increase in the construction, automotive, and healthcare industries for applications such as building inspections, vehicle diagnostics, and medical imaging. Technological advancements in thermal imaging technology are also expected to drive market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the handheld thermal camera segment is expected to witness significant growth in the coming years due to its portability, ease of use, and wide range of applications.
Based on the technology, the uncooled technology segment is projected to experience substantial growth due to its cost-effectiveness and availability for various end-users.
In terms of applications, security and surveillance are likely to dominate the market as there is a growing need for advanced monitoring systems in both public and private sectors.
The military and defence sector will dominate the Iraq thermal camera market. This is due to the increasing use of thermal cameras in combat operations, border surveillance, and intelligence-gathering activities.
The report provides a detailed analysis of the following 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 Thermal Camera Market Overview |
3.1. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F |
3.2. Iraq Thermal Camera Market – Industry Life Cycle |
3.3. Iraq Thermal Camera Market – Porter’s Five Forces |
3.4. Iraq Thermal Camera Market Revenue & Volume Share, By Verticals, 2021 & 2031F |
3.5. Iraq Thermal Camera Market Revenue & Volume Share, By Types, 2021 & 2031F |
3.6. Iraq Thermal Camera Market Revenue & Volume Share, By Technology, 2021 & 2031F |
3.7. Iraq Thermal Camera Market Revenue & Volume Share, By Applications, 2021 & 2031F |
4. Iraq Thermal Camera Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Iraq Thermal Camera Market Trends |
6. Iraq Thermal Camera Market Overview, By Product |
6.1. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Handheld Camera |
6.2. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Mounted Camera |
6.3. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Scopes and Goggles |
7. Iraq Thermal Camera Market Overview, By Technology |
7.1. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Cooled Technology |
7.2. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Uncooled Technology |
8. Iraq Thermal Camera Market Overview, By Applications |
8.1. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Monitoring and Inspection |
8.2. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Security and Surveillance |
8.3. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Detection and Measurement |
8.4. Iraq Thermal Camera Market Revenues & Volume, 2021-2031F, By Search and Rescue Operations |
9. Iraq Thermal Camera Market Overview, By End Users |
9.1. Iraq Thermal Camera Market Revenues & Volume, By Military and Defense, 2021-2031F |
9.2. Iraq Thermal Camera Market Revenues & Volume, By Industrial, 2021-2031F |
9.3. Iraq Thermal Camera Market Revenues & Volume, By Commercial, 2021-2031F |
9.4. Iraq Thermal Camera Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
9.5. Iraq Thermal Camera Market Revenues & Volume, By Residential, 2021-2031F |
9.6. Iraq Thermal Camera Market Revenues & Volume, By Automotive, 2021-2031F |
9.7. Iraq Thermal Camera Market Revenues & Volume, By Oil and Gas, 2021-2031F |
10. Iraq Thermal Camera Market Key Performance Indicators |
11. Iraq Thermal Camera Market Opportunity Assessment |
11.1. Iraq Thermal Camera Market Opportunity Assessment, By Product |
11.2. Iraq Thermal Camera Market Opportunity Assessment, By Applications |
11.1. Iraq Thermal Camera Market Opportunity Assessment, By Technology |
11.2. Iraq Thermal Camera Market Opportunity Assessment, By End Users |
12. Iraq Thermal Camera Market Competitive Landscape |
12.1. Iraq Thermal Camera Market Revenue Share, By Companies, 2024 |
12.2. Iraq Thermal Camera Market Competitive Benchmarking, By Operating and Technical Parameters, 2024 |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |