Global Infrared Thermography Market 2016-2020

Overview of the global infrared (IR) thermography market

Technavio’s market research analyst predicts that the global infrared (IR) thermography market will grow at a rapid CAGR of over 10% during the forecast period. One of the primary drivers for this market is the introduction of government initiatives that support the construction of energy-efficient houses. The US Department of Energy launched a Weatherization Assistance Program in 1976, which provided grants to states, territories, and tribes so that they could help in the development of energy-efficient homes for low-income families. IR thermography is used to run diagnostics on buildings to find out insulation levels of air and duct seals, floors, walls, ceilings, and wires. Since these devices help to identify problems related to insulation and makes buildings energy-efficient, its demand among the end users will increase significantly over the next four years.

In this industry report, the analysts estimate that among the different trends, the growing demand for thermography software will have a significant impact on market growth during the forecast period. The increased use of infrared thermography in commercial and industrial applications will augment the demand for infrared thermography software. Initially, this software was used in building diagnostics and industrial applications for a wide array of functions. These programs work with stationary as well as portable thermography devices; thus, allowing users to control the camera and acquire the required data. The ability of this software to automate the work process will lead to its increased adoption during the forecast period.

Segmentation by application and analysis of the IR thermography market

• Commercial and industrial applications
• Defense systems