“For sure, the COVID-19 outbreak will have a big impact on the thermal detector and imager markets and industrial landscape at different levels” asserts Dimitrios Damianos, PhD, Technology and Market Analyst within the Photonics & Sensing division at Yole Développement (Yole). The market research & strategy consulting company announces an impressive growth between 2019 and 2020, reaching +76% and +20% for thermal imagers (and cameras) and thermal detectors markets, respectively.
Given the criticality of thermal detection/imaging systems that are needed to stem the spread of the virus by detecting the fever, Yole delivers today a preliminary report as of May 2020.
The aim of this analysis is to point out the impact of the COVID-19 epidemic. Yole’s imaging team delved into and analyzed the changes coming within the thermal infrared industry, especially during the next few months. Yole is pleased to present today the Thermal Imagers and Detectors 2020 – COVID-19 outbreak impact – Preliminary report. This first study proposes an outlook of the strong expansion of the thermal imaging and sensing industry, during and after the COVID-19 wave.
What are the changes on the thermal imaging market so far? What could happen in 2020 and in the following post-pandemic years? Yole presents today its preliminary expectations.
In term of volumes, Eric Mounier, PhD, Fellow Analyst at Yole explains: “For thermal imagers, we expect more than 1.5 million fever detection cameras to be deployed in 2020 and in the next 3-4 years cumulatively at airports, businesses and other infrastructure. In US$ value, we estimate the total market to be US$7.6 billion in 2020, generating an impressive 76% YoY growth”... Full story