The thermal scanners market in the Asia Pacific is expected to grow from US$ 813.93 million in 2019 to US$ 1720.75 million by 2027; it is estimated to grow at a CAGR of 10.2% from 2020 to 2027.
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 infrared 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 the spread of the COVID-19 is hampering the economic stability in APAC, so far, India is the worst country affected by the outbreak of the virus. The APAC is consisting of numerous developing countries coupled with a positive economic outlook, high industrial presence, and a huge population. The APAC is a global manufacturing hub with countries such as China, Japan, South Korea, and India that leads in global electronics and semiconductor industry growth making the Asia Pacific is a crucial region for the growth of thermal scanners due to the establishment of a 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 lockdown which disrupted the anticipated revenue regeneration and growth opportunities. Nevertheless, during the lockdown period, the adoption of thermal scanners was limited, however as industry and businesses are reopened and the economy started reviving the thermal scanner market players have to witness demand from electronics, automotive, textile, and healthcare sectors.
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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.
The report segments the APAC Thermal Scanners Market as follows:
APAC Thermal Scanners Market – By Type
APAC Thermal Scanners Market – By Wavelength
APAC Thermal Scanners Market – By End-use
APAC Thermal Scanners Market – By Country
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