Asia-Pacific Thermal Imaging Systems Market - By Solutions (Hardware, Software, Services), Applications, End Users (Military and Defense, Commercial Purpose), Form Factor (Handheld Imaging Devices and Systems, Fixed Mounted), Geography, Trends, Fore

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The Asia-Pacific thermal imaging systems market is expected to grow at a CAGR of 12.15% over the period 2017-2022 as a result of the increasing usage across industries. This region has witnessed several geopolitical tensions between countries. The military budget along with the economy is growing in this region. In 2013, China was second on the list of the biggest military spenders. India is on a buying spree for military hardware. There are a lot of regional disturbances between the countries and also in the countries. New technologies like thermal imaging can help the forces defend the borders. They can also be used for night operations by the armed forces for special operations against domestic terrorists.

Asia-Pacific Thermal Imaging Systems Market-Market Dynamics

We are living in a fast-changing world. New technologies are being developed while old ones are being relegated. The changing consumer preferences and innovations are increasing. The line that used to separate different industries is becoming blurred with technology being modified for different entities across the industries. The Internet, radar, and jet engines were some of the technological innovations created specifically for the military but the same technologies are now being used for commercial or personal purposes.


The factors driving the thermal imaging systems market are:

  • Low cost of solutions
  • Increasing usage across industries
  • Low impact on the environment
  • Integrating the thermal imaging technology with the smartphones


There are, however, some factors restraining the market as well. These include:

  • Declining cost of solutions and users demanding cheaper products
  • Market is heading towards extensive competition on price
  • Companies striving hard to introduce low-cost devices with maximum features
  • Declining military market
  • Lack of regular support services

Thermal imaging is one such technology that had found its origin in military applications and is now being used across different industry verticals. Thermal imaging is changing the world with applications ranging from military to personal handheld cameras and smartphones. Though it has multiple uses, some of the uses related to saving lives have been game changers. These systems have now become compact and easy to use and generate high-resolution images. New startups like Bounce Imaging are challenging the existing players with their innovative products. Companies such as Flir and Vummi have introduced smartphones with thermal imaging capability. The day is not far when this technology will be in use everywhere with handheld devices taking over complex thermal imaging systems. 

Some of the key players mentioned in the report include:

  • Bae Systems
  • Flir Systems, Inc.
  • L-3 Communications
  • Lockheed Martin
  • ULIS

What the Report Offers

  • Asia-Pacific thermal imaging systems market overview with information on drivers and restraints
  • In-depth Asia-Pacific thermal imaging systems market analysis and its applications in the industry
  • Identification of factors responsible for changing the market scenario, rising prospective opportunities, and identification of key companies that can influence the market on global and regional scale
  • Extensively researched competitive landscape with profiles of major companies along with their market share
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

1. Introduction

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Executive Summary  

 2. Research Methodology  

 3. Market Overview

3.1 Overview

3.2 Applications of Thermal Imaging Solutions

3.3 Factors Driving the Market

3.3.1 Low cost of solutions

3.3.2 Increasing Usage across the Industries

3.3.3 Low impact on the Environment

3.4 Factors Restraining the Market

3.4.1 Declining Military Market

3.4.2 Lack of regular support and services

3.5 Current Opportunities in the Market

3.6 Technology Snapshot

3.7 Porter’s Five Forces

3.7.1 Bargaining Power of Suppliers

3.7.2 Bargaining Power of Consumers

3.7.3 Threat of New Entrants

3.7.4 Threat of Substitute Products and Services

3.7.5 Competitive Rivalry within the Industry

3.8 Industry Value Chain Analysis

  4. Asia-Pacific Thermal Imaging Systems Market Breakdown by Solutions

4.1 Hardware

4.2 Software

4.3 Services

  5. Asia-Pacific Thermal Imaging Systems Market Breakdown by Applications

5.1 Industrial

5.2 Security

5.3 Research and Development

5.4 Construction Industry

5.5 Maritime

5.6 Transportation

5.7 Law Enforcement Agencies

5.8 Surveillance Systems

5.8.1 Ground-Based Systems

5.8.2 Airborne Systems

5.9 Others

  6. Asia-Pacific Thermal Imaging Systems Market Breakdown by End Users

6.1 Military and Defense

6.2 Commercial Purpose

 7. Asia-Pacific Thermal Imaging Systems Market Breakdown by Form Factor

         7.1 Handheld Imaging Devices & Systems

         7.2 Fixed Mounted (Rotary and Non-Rotary)

8. APAC Thermal Imaging Systems Market Segmentation by Geography

8.1 China

8.2 Japan

8.3 India

8.4 South Korea

8.5 Others

9 Competitive Intelligence – Company Profiles (List Populated Globally)

9.1 Flir Systems, Inc.

9.1.1 Overview

9.1.2 Products and Services

9.1.3 Financials

9.1.4 Recent Developments

9.2 L-3 Communications Holdings

9.2.1 Overview

9.2.2 Products and Services

9.2.3 Financials

9.2.4 Recent Developments

9.3 ULIS

9.3.1 Overview

9.3.2 Products and Services

9.3.3 Financials

9.3.4 Recent Developments

9.4 Lockheed Martin

9.4.1 Overview

9.4.2 Products and Services

9.4.3 Financials

9.4.4 Recent Developments

9.5 Bae Systems plc

9.5.1 Overview

9.5.2 Products and Services

9.5.3 Financials

9.5.4 Recent Developments

9.6 DRS Technologies, Inc.

9.6.1 Overview

9.6.2 Products and Services

9.6.3 Financials

9.6.4 Recent Developments

9.7 Elbit Systems Ltd.

9.7.1 Overview

9.7.2 Products and Services

9.7.3 Financials

9.7.4 Recent Developments

9.8 Raytheon Co.

9.8.1 Overview

9.8.2 Products and Services

9.8.3 Financials

9.8.4 Recent Developments

9.9 Sofradir Group

9.9.1 Overview

9.9.2 Products and Services

9.9.3 Financials

9.9.4 Recent Developments

9.9 Thermoteknix Systems Ltd.

9.10.1 Overview

9.10.2 Products and Services

9.10.3 Financials

9.10.4 Recent Developments

  10. Future of Asia-Pacific Thermal Imaging Systems Market 

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