FixedSegment to DominateAPAC Thermal Scanners Market during 2019–2027

According to a new market research study on “APAC Thermal Scanners Market to 2027 – COVID-19 Impact and Analysis and Forecast by Type,Wavelength, and End Use,”is expected to reach US$ 1720.75 million by 2027 from US$ 813.93million in 2019. The market is estimated to grow at a CAGR of 10.2% from 2020 to 2027. The report provides trends prevailing in the APAC thermal scanners market along with the drivers and restraints pertaining to the market growth.Bolstering demand for thermal scanner due to covid-19 pandemic and increasing integration of thermal scanners in automobile are the major factor driving the growth of the APAC thermal scanners market. However, inconsistent temperature readings of certain substances/surfaces hinder the growth of APAC thermal scanners market.

The APAC thermal scanners marketis segmented into type, wavelength, end use, and country. Based on type, the market is segmented into fixed and handheld. In 2019, the fixed segment held the largest share APAC thermal scanners market. Based on wavelength the APAC thermal scanners marketis divided into short-wave infrared, mid-wave infrared, and long-wave infrared. medium-wave infraredis expected to the fastest growing segment over the forecast period. Similarly, based on end use, the market is bifurcated into industrial, aerospace & defense, automotive, oil & gas, and others. The industrial segment contributed a substantial share in 2019.

The pandemic due to spread of the COVID-19 is hampering the economic stability in APAC, so far, the India is worst country affected by the outbreak of virus. The APAC is consisting of numerous developing country coupled with positive economic outlook, high industrial presence, and huge population. The APAC is global manufacturing hub with countries such as China, Japan, South Korea, and India that leads in global electronics and semiconductor industry growth making Asia Pacific is a crucial region for the growth of thermal scanners due to the establishment of broad array of manufacturing units. To contain the spread of COVID-19 the governments across APAC enacted various measures such as travel bans, factories and businesses shutdowns, and lock down which disrupted the anticipated revenue regeneration and growth opportunities. Nevertheless, during lockdown period, the adoption of thermal scanners was limited, however as industry and businesses are reopened and economy started reviving the thermal scanner market players has witness demand from electronics, automotive, textile, and healthcare sectors.

FLIR Systems, Inc., AMETEK Inc., Robert Bosch GmbH, 3M company, and Fluke Corporation are among the leading companies in the APAC thermal scanners market.The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, AMETEK Land launched VIRALERT 3 human body temperature screening system for facilities and buildings. The VIRALERT 3 is the first of its kind, offering a camera and a temperature-controlled reference source on a single mounting. By utilizing automatic face detection, it detects the finest areas for temperature detection, taking a reading that is accurate to within 0.5oC, then calculating core body temperature with a rapid test procedure of approximately two seconds.

APAC Thermal Scanners Market, By Country, 2019 and 2027 (%)

The report segments the APAC Thermal Scanners Marketas follows:

APAC Thermal Scanners Market – By Type

• Handheld
• Fixed

APAC Thermal Scanners Market – By Wavelength

• Short-wavelength Infrared
• Mid-wavelength Infrared
• Long-wavelength Infrared

APAC Thermal Scanners Market – By End-use

• Industrial
• Aerospace and Defence
• Automotive
• Oil and gas
• Others

APAC Thermal Scanners Market – By Country

• China
• India
• Australia
• Japan
• South Korea
• Rest of APAC