The invention of the microbolometer has had a tremendous impact on the market. It helped in manufacturing low-cost uncooled infrared and thermal imaging systems which are compact, cheaper, and almost similar in features and image quality to its competitor: cooled infrared and thermal imaging systems.

1. Infrared and Thermal Imaging Systems Market
by Technology (Cooled, Uncooled), by Subsector (Commercial, Military), by
Application (Transportation, Security & Surveillance, Thermography, Military
Vehicle Vision, Soldier Portable Vision, & Unmanned Systems), & by
Geography (North America, Europe, Asia-Pacific, the Middle East, Latin
America & ROW) - Forecasts & Analysis 2014 - 2019

2. Summary
• In 2014, the infrared and thermal imaging market is estimated at a value of US$3,350 million,
and by 2019, the industry is forecasted to expand to a total of US$5,219.21 million. During the
period of 2014 to 2019, the global market is expected to grow at a CAGR of 9.27%.
The infrared and thermal imaging systems market mainly depends on the military sector. But the
military budget cuts in the U.S. and Europe, and issues with procurement timings in various
defense programs such as soldier modernization programs, have resulted in a market push
towards the commercial sector.
Infrared and thermal imaging cameras and systems were intended for the military sector, but
later got commercialized due to their wide range of applications in the fields of transportation,
surveillance and security, and thermography.
• View full details click the below link
http://www.jsbmarketresearch.com/defense/r-Infrared-and-Thermal-Imaging-Systems-Market-by-Technology-by-Su

3. Summary
• Technological evolutions, outsourcing of work, and increased worldwide demand, helped the
manufacturers to lower the prices of infrared and thermal imaging systems which made them
economical and hence, opened doors for new applications.
The invention of the microbolometer has had a tremendous impact on the market. It helped in
manufacturing low-cost uncooled infrared and thermal imaging systems which are compact,
cheaper, and almost similar in features and image quality to its competitor: cooled infrared and
thermal imaging systems.
The upcoming market trends are for multiple megapixel detectors and systems. Implementation
of thermographic cameras into turn-key solutions in the industrial environment is clearly an
important driving factor for the infrared and thermal imaging systems market as it is an in-
demand application.
Some of the factors that drive this market are fuelled global demand, low-priced systems, and the
integration of these devices into smartphones and other industrial applications. Introducing low-
priced systems will help in penetrating the commercial market more, which will in turn increase
the demand for new applications due to their increased knowledge.

4. Infrared and Thermal Imaging Systems Market
MARKET SEGMENTATION
BY
TECHNOLOGY
BY
SUBSECTOR
BY
APPLICATION
BY REGION
BY
COUNTRY

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