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The microbolometer market size is forecast to increase by USD 362.8 million, at a CAGR of 7.5% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for advanced fever detection and thermometry solutions. This trend is driven by the rising adoption of thermal imaging technology in various industries, including surveillance systems for smart cities and aerospace and defense. Two primary materials used in microbolometer technology are vanadium Oxide (VOx) and amorphous silicon (a-Si). The demand for compact thermal scanners is also increasing due to their versatility and ease of use. However, excessive export restrictions imposed on thermal imaging products such as thermal imaging camera pose a challenge to market growth. This technology is gaining traction in applications such as border control, healthcare, and industrial automation.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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