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Asia Pacific Thermal Scanners Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Wavelength, and End Use

Asia Pacific Thermal Scanners Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type, Wavelength, and End Use

  • September 2020
  • 96 pages
  • ID: 5978836
  • Format: PDF
  • The Insight Partners
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The thermal scanners market in APAC is expected to grow from US$ 813.93 million in 2019 to US$ 1,720.75 million by 2027; it is estimated to grow at a CAGR of 10.2% from 2020 to 2027.

The use of thermal scanners across public sites has increased amid the COVID-19 pandemic.The sudden rise in need has created an imbalance between demand and supply, which has led the manufacturers to mass produce these devices; however, the devices are being offered at greater prices.

Moreover, to monitor and manage the pandemic, hospitals worldwide have implemented artificial intelligence (AI) to support medical professionals and treat infected patients.AI-powered solutions such as camera-embedded facial scanners screen hospital visitors and analyze facial attributes, and process the thermal scans to determine if they have fever.

A few market players recently developed a no-contact infrared sensor system for distinguishing people with fever, even when present in masses.Also, the market players are shifting their focus from industrial to commercial thermal scanning devices that prioritize hospitals and medical applications, which is further driving the demand for thermal scanners in APAC.

Further, the rising adoption of thermal scanners in construction industry is among the other factors expected to positively influence the demand for thermal scanners in the region.

The recent outbreak of COVID-19 has disrupted the economic stability in APAC.The consequences of the virus are anticipated to get worse in APAC.

In order to contain recent outbreak of the coronavirus the governments across APAC imposed various measures, such as travel restrictions, businesses and factory shutdowns, and lockdowns, which would affect the growth of the APAC thermal scanners market. Nevertheless, during lockdown period, the adoption of thermal scanners was limited, however as industry and businesses are reopened and economy started reviving the thermal scanner market players has witness demand from electronics, automotive, textile, and healthcare sectors.

Based on type, the fixed segment led the APAC thermal scanners market in 2019.As infrared thermal imaging products and solutions become easier to assimilate into process control applications, more plants/facilities are selecting to implement the technology.

Recent technological advancements in infrared thermal imaging facilitate for an extended view of process performance.The fixed-mounted process imagers offer a real-time view of thermal images, facilitating plant operators to lower production line changeover costs and shorten process startup times.

In addition, these cameras are paired with intuitive system software, which eliminates or minimizes the long learning curve allied with several earlier process imaging systems.Modern fixed thermal imaging devices offer easy networking over long distances utilizing a standard Ethernet interface that further transmits multiple frames per second of imaging data from the camera.

These features further reduce the user’s costs of capital investment by doing away with the need for expensive industrial computers and specialized enclosures required to survive in a harsh field environment. Thus, fixed imaging systems for automated temperature monitoring and control are easier to use and more affordable than ever before. Meanwhile, the automated temperature tracking is anticipated to become a standard procedure in the public places owing to the global impacts of COVID-19. These are the fixed devices that offer real-time and reliable temperature measurement of large groups of individuals. Some of the key players are working on designing and developing such automated monitoring systems for airports and commercial buildings. Hence, rising adoption of thermal scanners across manufacturing sector and increase in demand for thermal scanner due to outbreak of COVID-19 is driving the growth of the APAC thermal scanner market.

The overall APAC thermal scanner market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the APAC thermal scanner market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders specializing in the APAC thermal scanner market. Key players operating in the APAC thermal scanner market include FLIR Systems, Inc.; AMETEK Inc.; Robert Bosch GmbH; 3M Company; and Fluke Corporation.

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