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Global Thermal Scanners Market is Expected to Reach $7.93 Billion by 2027 – Yahoo Finance
GAITHERSBURG, Maryland, May 6, 2020 /PRNewswire/ -- According to Stratistics MRC, the Global Thermal Scanners market is accounted for $3.47 billion in 2018 and is expected to reach $7.93 billion by 2027 growing at a CAGR of 9.6% during the forecast period.
Some of the key players in Thermal Scanners Market include AMETEK Land, Axis Communications Ab, COX, C-THERMAL, FLIR Systems, Inc, Fluke Corporation, HGH Infrared Systems, Infratec GmbH, L3HARRIS TECHNOLOGIES, Inc, Leonardo S.P.A., Opgal, Optotherm, Inc., Thermoteknix Systems LTD., Tonbo Imaging and Xenics.
Some of the key factors such as rising defense expenditure and technological advancements are driving the market growth in the forecast period. However, restrictions imposed on the export of thermal imaging products is the limiting factor for the growth of the market.
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Thermal scanners are used as protection tools for monitoring and scrutiny applications in industrial equipment and buildings of historical importance. Moreover, these scanners are used for extensive applications in mass screening of people to identify human temperatures.
By technology, the uncooled segment is likely to grow at a significant market share during the forecast period as it has wide applications in a variety of end user industries owing to their ability to function in all types of climate.
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On the basis of geography, Europe is anticipated to hold considerable market share due to the presence of a number of key players in the region who actively engage in developing innovative products.
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About Stratistics MRC
We offer a wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services, and Full-Time Equivalent (FTE) services in the research world. We explore market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
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Global Thermal Scanners Market is Expected to Reach $7.93 Billion by 2027 - Yahoo Finance
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