Handheld Thermal Imaging Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Handheld Thermal Imaging Device Market Trends and is segmented based on Industry (Defence, Fire Department, Local Securities, Manufacturing, Retail, Health Care), and Geography.

Handheld Thermal Imaging Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Handheld Thermal Imaging Equipment Market Size

Handheld Thermal Imaging Equipment Market Size
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 9.34 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Handheld Thermal Imaging Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Handheld Thermal Imaging Equipment Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Handheld Thermal Imaging Equipment Market Analysis

The Handheld Thermal Imaging Equipment Market is expected to register a CAGR of 9.34% during the forecast period.

  • Further, the advent of smartphones as a cost-effective hand-held/portable thermal imaging devices is expected to increase the adoption of technology. The companies, like Caterpillar(Cat), have integrated FLIR's thermal imaging camera in the Cat S60 and the latest Cat S61 smartphones.
  • Moreover, electrical installations in buildings like an office complex, residential complex, or shopping complex like a mall, are mostly located at places with poor air ventilation. Again, it requires an effective maintenance schedule to avoid any mishap. Various surveys in different sectors have shown that predictive maintenance using thermal imaging has saved up to an average of 40% of the maintenance cost and 50% of downtime of the plant process. These factors have a positive outlook on the handheld thermal imaging equipment market.
  • However, export restrictions and additional detailing required for longwave infrared cameras restrain the growth of the thermal imaging market.

Handheld Thermal Imaging Equipment Industry Overview

The handheld thermal imaging equipment market is fragmented due to the presence of several players, such as Flir Systems Inc.,BAE Systems plc.,American Technologies Network among others. Product launches, high expense on research and development, partnerships and acquisitions, etc. are the prime growth strategies adopted by these companies to sustain the intense competition in this market.

  • April 2019 -FLIR announced its new product for public safety applications, the FLIR K1 handheld thermal imaging camera (TIC). The company claimed the equipment to be FLIR’s most affordable(USD 599) TIC for first responder officers and fire investigators, as these are designed to provide visibility through smoke in wildland fire control, searchand rescue missions, structure damage evaluation, and investigative work.
  • January 2019 -FLIR, at the SHOT Show 2019, introduced Scion Professional Thermal Monocular(PTM) for public safety professionals. This equipment will replace the FLIR H-Series monocular thermal cameras

Handheld Thermal Imaging Equipment Market Leaders

  1. Flir Systems Inc.

  2. BAE Systems plc.

  3. Leonardo DRS

  4. American Technologies Network

  5. Raytheon Company

  6. *Disclaimer: Major Players sorted in no particular order
Flir Systems Inc., BAE Systems plc., Leonardo DRS, American Technologies Network, Raytheon Company
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Handheld Thermal Imaging Equipment Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Deliverables
  • 1.2 Study Assumptions
  • 1.3 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Introduction to Market Drivers and Restraints
  • 4.3 Market Drivers
    • 4.3.1 Increasing Application Across Various Sectors
  • 4.4 Market Restraints
    • 4.4.1 Higher Device Cost
  • 4.5 Value Chain / Supply Chain Analysis
  • 4.6 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers/Consumers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitute Products
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By End-user Industry
    • 5.1.1 Defence
    • 5.1.2 Public Safety
    • 5.1.3 Industrial (Oil and Gas, Utility, etc.)
    • 5.1.4 Other End-user Industries
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.2 Europe
    • 5.2.3 Asia-Pacific
    • 5.2.4 Latin America
    • 5.2.5 Middle East & Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Flir Systems Inc.
    • 6.1.2 BAE Systems PLC
    • 6.1.3 Thales Group
    • 6.1.4 Safran Electronics and Defense
    • 6.1.5 Elbit Systems Ltd
    • 6.1.6 Seek Thermal Inc.
    • 6.1.7 Fluke Corporation
    • 6.1.8 American Technologies Network Corporation
    • 6.1.9 Thermoteknix Systems Ltd
    • 6.1.10 Raytheon Company
    • 6.1.11 Leonardo DRS
  • *List Not Exhaustive

7. INVESTMENT ANALYSIS

8. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Handheld Thermal Imaging Equipment Industry Segmentation

Unlike the ordinary night vision gadgets, handheld thermal imaging equipment or infrared cameras do not rely on amplification of light and hence, can be used where visual camouflage or any other factor that may hinder the vision, say fog or smoke. The major application of handheld thermal imaging is with the defense and security sector. Moreover, it also made its way into the academic sector for research-related purpose, manufacturing, retail, and other sectors mainly for planned preventive maintenance, quality control, energy conservation, and environmental control.

By End-user Industry Defence
Public Safety
Industrial (Oil and Gas, Utility, etc.)
Other End-user Industries
Geography North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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Handheld Thermal Imaging Equipment Market Research FAQs

What is the current Handheld Thermal Imaging Equipment Market size?

The Handheld Thermal Imaging Equipment Market is projected to register a CAGR of 9.34% during the forecast period (2025-2030)

Who are the key players in Handheld Thermal Imaging Equipment Market?

Flir Systems Inc., BAE Systems plc., Leonardo DRS, American Technologies Network and Raytheon Company are the major companies operating in the Handheld Thermal Imaging Equipment Market.

Which is the fastest growing region in Handheld Thermal Imaging Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Handheld Thermal Imaging Equipment Market?

In 2025, the North America accounts for the largest market share in Handheld Thermal Imaging Equipment Market.

What years does this Handheld Thermal Imaging Equipment Market cover?

The report covers the Handheld Thermal Imaging Equipment Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Handheld Thermal Imaging Equipment Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Handheld Thermal Imager Industry Report

Statistics for the 2025 Handheld Thermal Imaging Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Handheld Thermal Imaging Equipment analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.