Market Forecast By Verticals (Industrial, Commercial, Aerospace and Defence, Healthcare), By Types (Handheld/Portable Camera, Fixed/Mounted Cores, Vision Goggles), By Technology (Shortwave Infrared (SWIR), Mid Wave Infrared (MWIR), Long Wave Infrared (LWIR)), By Applications (Thermography, Security and Surveillance, Search and Rescue) and competitive landscape
Product Code: ETC002704 | Publication Date: May 2020 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Malaysia Thermal Scanner Market |
Forecast period | 2025-2031 |
CAGR | 8.5% |
Growing Sector | Healthcare |
The Malaysia Thermal Scanner Market report thoroughly covers the market by Verticals, Types, Technology, and Applications. 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 Malaysia Thermal Scanner Market has witnessed growth over the years and is expected to continue its growth in the coming years. This growth is due to increasing demand for thermal scanners in various industries such as healthcare, industrial, and commercial, government initiatives, and growing awareness among people.
According to 6Wresearch, the Malaysia Thermal Scanner Market size is expected to grow at a significant CAGR of 8.5% during 2025-2031. One of the key drivers for the use of thermal scanners in Malaysia is government regulations. The authorities have mandated temperature checks at public places such as airports, shopping malls, and offices, leading to an increase in demand for thermal scanners. Moreover, the increased public health awareness in Malaysia has also contributed to the growth of the market. Individuals are becoming more health conscious and taking proactive measures. Hence there is a growing demand for thermal scanners among households and schools. Furthermore, the advancements in technology have also played a crucial role in the growth of the market. These scanners now have features such as facial recognition, high-accuracy temperature readings, and real-time monitoring, increasing the efficiency of thermal scanners.
One of the main challenges faced by businesses and individuals is the cost of thermal scanning technology. Moreover, some thermal scanners may also face technical difficulties, leading to inaccurate readings or malfunctions, which hinders the growth of the market. Additionally, the use of thermal scanners has raised concerns about privacy among individuals. These devices capture images of people's faces while taking temperature readings, which can violate their privacy rights.
Some of the major players in the Malaysian thermal scanner market include ZKTeco, Hikvision, FLIR Systems Inc., Dahua Technology Co., Ltd., Seek Thermal Inc., and Testo SE & Co. KGaA. These companies offer a wide range of thermal scanning devices, catering to various industries such as healthcare, transportation, retail, and the public sector. They also provide services such as installation, maintenance, and technical support to ensure the smooth functioning of their products.
The Malaysian government has provided subsidies and incentives for companies to invest in thermal scanning technology. This includes tax breaks and financial assistance for businesses looking to purchase these devices. Moreover, the Ministry of Health has also allocated funds to provide thermal scanners for public places such as hospitals, airports, and schools. The government has also collaborated with private companies to develop and manufacture advanced thermal scanning devices. This includes joint research projects, partnerships, and technology transfers to enhance the capabilities of these devices. Malaysian authorities have made temperature checks mandatory at public places such as airports, shopping malls, and offices.
The Malaysia thermal scanner market is expected to witness significant growth in the coming years. With the increasing awareness of temperature screening, the demand for thermal scanners is likely to increase in various industries such as healthcare, transportation, and manufacturing. The market is also expected to benefit from advancements in technology, espexially in terms of accuracy and affordability. Additionally, government initiatives and regulations promoting the use of thermal scanners are expected to drive market growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the healthcare sector is expected to have significant growth in the Malaysia thermal scanner market. With the increasing focus on health and safety, there has been a growing demand for thermal scanners in hospitals, clinics, and other healthcare facilities.
In terms of types, handheld/portable cameras are anticipated to witness considerable growth due to their ease of use and portability and are used widely in public spaces.
The mid-wave infrared (MWIR) technology segment is projected to dominate the market due to the high sensitivity and accuracy of MWIR cameras in detecting temperature variations.
On the basis of applications, the thermography segment is expected to dominate the market due to its wide range of uses in various industries such as manufacturing, construction, and agriculture and is used for monitoring equipment and machinery temperature, identifying heat leaks, and conducting thermal inspections.
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. Malaysia Thermal Scanner Market Overview |
3.1. Malaysia Thermal Scanner Market Revenues & Volume,, 2021-2031F |
3.2. Malaysia Thermal Scanner Market – Industry Life Cycle |
3.3. Malaysia Thermal Scanner Market – Porter’s Five Forces |
3.4. Malaysia Thermal Scanner Market Revenue & Volume Share, By Types, 2021 & 2031F |
3.5. Malaysia Thermal Scanner Market Revenue & Volume Share, By Technology, 2021 & 2031F |
3.6. Malaysia Thermal Scanner Market Revenue & Volume Share, By Verticals, 2021 & 2031F |
3.7. Malaysia Thermal Scanner Market Revenue & Volume Share, By Applications, 2021 & 2031F |
4. Malaysia Thermal Scanner Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Malaysia Thermal Scanner Market Trends |
6. Malaysia Thermal Scanner Market Overview, By Types |
6.1. Malaysia Handheld/Potable Camera Thermal Scanner Market Revenues & Volume, 2021-2031F |
6.2. Malaysia Fixed/Mounted Cores Thermal Scanner Market Revenues & Volume, 2021-2031F |
6.3. Malaysia Vision Goggles Thermal Scanner Market Revenues & Volume, 2021-2031F |
7. Malaysia Thermal Scanner Market Overview, By Technology |
7.1. Malaysia SWIR Thermal Scanner Market Revenues & Volume, 2021-2031F |
7.2. Malaysia MWIR Free Thermal Scanner Market Revenues & Volume, 2021-2031F |
7.3. Malaysia LWIR Free Thermal Scanner Market Revenues & Volume, 2021-2031F |
8. Malaysia Thermal Scanner Market Overview, By Verticals |
8.1. Malaysia Industrial Thermal Scanner Market Revenues & Volume, 2021-2031F |
8.2. Malaysia Commercial Thermal Scanner Market Revenues & Volume, 2021-2031F |
8.3. Malaysia Aerospace and Defence Thermal Scanner Market Revenues & Volume, 2021-2031F |
8.4. Malaysia Healthcare Thermal Scanner Market Revenues & Volume, 2021-2031F |
9. Malaysia Thermal Scanner Market Overview, By Applications |
9.1. Malaysia Thermal Scanner Market Revenues & Volume, By Thermography, 2021-2031F |
9.2. Malaysia Thermal Scanner Market Revenues & Volume, By Security and Surveillance, 2021-2031F |
9.3. Malaysia Thermal Scanner Market Revenues & Volume, By Search and Rescue, 2021-2031F |
10. Malaysia Thermal Scanner Market Key Performance Indicators |
11. Malaysia Thermal Scanner Market Opportunity Assessment |
11.1. Malaysia Thermal Scanner Market Opportunity Assessment, By Technology |
11.2. Malaysia Thermal Scanner Market Opportunity Assessment, By Applications |
12. Malaysia Thermal Scanner Market Competitive Landscape |
12.1. Malaysia Thermal Scanner Market Revenue Share, By Companies, 2024 |
12.2. Malaysia Thermal Scanner Market Competitive Benchmarking, By Operating and Technical Parameters |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |