GLOBAL INFRARED AND THERMAL IMAGING SYSTEMS MARKET By Technology [Cooled, Uncooled], By Subsector [Commercial, Military], By Application [Transportation, Security & Surveillance, Thermography, Military Vehicle Vision, Soldier Portable Vision, & Unmanned Systems], & By Geography
1 GLOBALINFRARED AND THERMAL IMAGING SYSTEMS MARKET 1.1 GLOBAL INFRARED AND THERMAL IMAGING SYSTEMS MARKET SPENDING 1.1.1 REVENUE ANALYSIS BY TECHNOLOGY The infrared and thermal imaging systems market can be divided into two; cooled and uncooled. The cooled devices provide better vision with more clarity and can be used for long range monitoring. Uncooled devices are cheaper and can be used for short distances. Uncooled market dominates the market share and is expected to grow at a CAGR of XX due to their lesser price and acceptance in the commercial sector. TABLE 1 INFRARED & THERMAL IMAGING SYSTEMS MARKET VALUE, BY TECHNOLOGY, 2014-2019 ($MILLION) Technology 2014 2015 2016 2017 2018 2019 CAGR (%) Cooled XX XX XX XX XX XX XX Uncooled XX XX XX XX XX XX XX
2 COUNTRY ANALYSIS 2.1 BRAZIL REVENUE FORECAST 2.1.1 BRAZIL: MARKET REVENUE, BY TECHNOLOGY OF INFRARED AND THERMAL IMAGING SYSTEMS The Latin American region is an untapped market. Those countries are still affected by organized crimes and drug trafficking. The cooled infrared and thermal imaging system market is not showing much progress in Brazil due to high prices and lesser commercial product line. The cooled market is likely to have a negative CAGR (XX%) and is expected to be touching XX million by 2019. The uncooled systems also make notable growth at a CAGR of XX% and are expected to touch XX million by 2019. TABLE 2 BRAZIL: INFRARED & THERMAL IMAGING SYSTEMS MARKET VALUE, BY TECHNOLOGY, 2014-2019 ($MILLION) Technology 2014 2015 2016 2017 2018 2019 CAGR (%) Cooled XX XX XX XX XX XX XX Uncooled XX XX XX XX XX XX XX Total XX XX XX XX XX XX XX
2.1.2 BRAZIL: MARKET REVENUE, BY APPLICATION OF INFRARED AND THERMAL IMAGING SYSTEM Brazil is one of the growing economies in the Latin American region. Latin American countries have comparatively easier border norms for passing from one country to another and fewer threats in a cross country manner. The transportation sector, security and surveillance, and thermography sector is expected to make considerable growth due to growing demand and financial upliftment in the region. The transportation sector is expected to touch XX million by 2019. The security and surveillance, and thermography sector is worth around XX million each. The military has only gradual planned growth money is being used for economic and infrastructure development in the region. FIGURE 1 BRAZIL: INFRARED & THERMAL IMAGING SYSTEMS MARKET OVERVIEW, BY APPLICATION, 2014-2019($MILLION)
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