Infrared (IR) and Thermal Imaging Systems Market

By Solutions;

Hardware, Software and Services

By Form Factor;

Handheld Imaging Devices & Systems and Fixed Mounted (Rotary and Non Rotary)

By Applications;

Industrial, Security, Research & Development, Construction Industry and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn319392507 Published Date: August, 2025 Updated Date: September, 2025

Infrared (IR) and Thermal Imaging Systems Market Overview

Infrared (IR) and Thermal Imaging Systems Market (USD Million)

Infrared (IR) and Thermal Imaging Systems Market was valued at USD 8,494.83 million in the year 2024. The size of this market is expected to increase to USD 16,501.41 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.95%.


Infrared (IR) and Thermal Imaging Systems Market

*Market size in USD million

CAGR 9.95 %


Study Period2025 - 2031
Base Year2024
CAGR (%)9.95 %
Market Size (2024)USD 8,494.83 Million
Market Size (2031)USD 16,501.41 Million
Market ConcentrationMedium
Report Pages316
8,494.83
2024
16,501.41
2031

Major Players

  • FLIR Systems, Inc.
  • Leonardo S.p.A.
  • Axis Communications AB
  • Teledyne Technologies Incorporated
  • L3Harris Technologies, Inc.
  • BAE Systems plc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Infrared (IR) and Thermal Imaging Systems Market

Fragmented - Highly competitive market without dominant players


The Infrared (IR) and Thermal Imaging Systems Market is expanding rapidly as industries invest in advanced technologies for accuracy and safety. Around 55% of enterprises have adopted these solutions to improve visibility in low-light or obstructed conditions. Their ability to capture temperature variations makes them critical for inspection and monitoring applications.

Enhancing Safety Through Automation
Adoption is increasing with the growing focus on automation and workplace safety, as over 60% of facilities implement thermal imaging systems for proactive monitoring. These technologies enable real-time detection of heat anomalies, reducing operational risks. Their integration into predictive maintenance strategies is further fueling their demand.

Precision and Reliability in Operations
Thermal imaging ensures high accuracy, with about 48% of users reporting enhanced fault detection capabilities. By identifying irregularities undetectable to the naked eye, these systems help prevent costly downtime and improve efficiency. Their ability to ensure consistent operational reliability has positioned them as indispensable tools across industries.

Innovation Strengthening Market Growth
The market is benefitting from ongoing innovation, with nearly 40% of newly launched systems offering AI-powered analytics, upgraded sensors, and remote access features. These advancements deliver sharper imaging and faster data interpretation, making them more effective for industrial and security-focused uses. Technological upgrades are accelerating adoption across applications.

Broadening Use in Multiple Industries
Demand continues to expand, with IR and thermal imaging systems accounting for over 46% of usage in manufacturing, defense, and healthcare. Their non-contact, real-time monitoring capabilities improve both efficiency and accuracy. As industries embrace smarter technologies, these systems are becoming essential components of next-generation operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Solutions
    2. Market Snapshot, By Form Factor
    3. Market Snapshot, By Applications
    4. Market Snapshot, By Region
  4. Infrared (IR) and Thermal Imaging Systems Market Dynamics
    1. Drivers, Restraints and OpportunitiesPEST Analysis
      1. Drivers
        1. Increasing adoption in defense and security applications
        2. Growing demand for non-contact temperature measurement
        3. Technological advancements in sensor technology
        4. Rising awareness and adoption in healthcare sector
        5. Integration with IoT and AI technologies
      2. Restraints
        1. High initial investment costs
        2. Regulatory and compliance challenges
        3. Limitations in spatial resolution and image quality
        4. Environmental and operational constraints
        5. Perception of complexity and training requirements
      3. Opportunities
        1. Expansion in automotive safety applications
        2. Growth in building diagnostics and energy efficiency
        3. Emerging applications in agriculture and food industry
        4. Advancements in healthcare and medical imaging
        5. Technological innovations and product development
    2. Political Analysis
      1. Economic Analysis
      2. Social Analysis
      3. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Infrared (IR) and Thermal Imaging Systems Market, By Solutions, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
      3. Services
    2. Infrared (IR) and Thermal Imaging Systems Market, By Form Factor, 2021 - 2031 (USD Million)

      1. Handheld Imaging Devices & Systems

      2. Fixed Mounted

        1. Rotary

        2. Non Rotary

    3. Infrared (IR) and Thermal Imaging Systems Market, By Applications, 2021 - 2031 (USD Million)
      1. Industrial
      2. Security
      3. Research & Development
      4. Construction Industry
      5. Others
    4. Infrared (IR) and Thermal Imaging Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America

        1. Brazil

        2. Mexico

        3. Argentina

        4. Rest of Latin America

  6. Competitive Landscape
    1. Company Profiles
      1. FLIR Systems, Inc.
      2. Leonardo S.p.A.
      3. Axis Communications AB
      4. Teledyne Technologies Incorporated
      5. L3Harris Technologies, Inc.
      6. BAE Systems plc
  7. Analyst Views
  8. Future Outlook of the Market