India Thermal Imaging Market (2016-2022)

Market reports on India present the latest report on “India Thermal Imaging Market (2016-2022)” http://www.marketreportsonindia.com/consumer-goods-market-research-reports-13743/india-thermal-imaging.html The report thoroughly covers thermal imaging market types, technology, applications and verticals.

10th May 2016, – Navi Mumbai, India: Market reports on India presents the latest report on “India Thermal Imaging Market (2016-2022)”. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to decide.

Summary

Thermal imaging being a new technology in Indian market is registering potential deployment in defense, industrial and commercial verticals for applications pertaining to border security surveillance, testing & measurement, firefighting and process automation. Increasing terrorist activities, increasing defense budget for military & homeland security coupled with favorable government policies buoyed India thermal imaging market.

India thermal imaging market has been divided into two major sub-segment markets i.e. cooled and uncooled thermal imaging devices & systems. Apart from this India thermal imaging market is further divided into form factors, i.e. fixed-mounted (rotary & non-rotary) and handheld thermal imaging devices & systems.

India thermal imaging market is projected to reach 8.9% during 2016-22. India thermal imaging market is dominated by defense vertical. Presently, uncooled handheld thermal imaging devices accounted for majority of the market demand, wherein Bharat Electronics held majority of the market volume share followed by FLIR, Fluke and others.

Amongst all applications, surveillance application acquired largest revenue share owing to deployment of thermal imaging devices and systems for border security, air & ground based surveillance and overall military application. Over the next six years, industrial and commercial...