Thermal Imaging Market Trends, Growth Drivers & Opportunities 2032

The global thermal imaging market in terms of revenue was estimated to be worth USD 3.6 billion in 2021 and is poised to reach USD 4.7 billion by 2026, growing at a CAGR of 5.5% from 2021 to 2026. The new research study consists of an industry trend analysis of the market.

The key factors driving the growth of the global market include Increasing government expenditure on the aerospace & defense sector boosting the growth of the thermal imaging market size. Increasing adoption of thermal imaging in the automotive industry, growing R&D investments by companies, governments, and capital firms for developing innovative thermal imaging solutions, and others.