Dublin, Nov. 19, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/27zdkj/global_thermal) has announced the addition of the "Global Thermal Imaging Market 2012-2016" report to their offering.
Analysts forecast the Global Thermal Imaging market to grow at a CAGR of 20.5 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for predictive maintenance of electrical systems. The Global Thermal Imaging market has also been witnessing the emergence of the incorporation of communication interfaces. However, the need for increased investment could pose a challenge to the growth of this market.
This report, the Global Thermal Imaging Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it covers the Global Thermal Imaging market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Commenting on the report, an analyst from the engineering team said: ''Although the thermal imaging cameras facilitates in capturing the thermal images of electrical installations, the thermal images cannot be obtained if the electrical and mechanical installations are housed inside certain materials such as glass. Thus, the thermal imaging vendors have started developing infrared windows that can be fixed/mounted over these housings. Thus, the effective deployment of infrared windows facilitates in regularly maintaining electrical installations, thereby preventing the occurrence of accidents such as arc flash accidents.''
Further, the report discusses that, end-users in the market demand regular support and services in order to retain the optimum efficiency of thermal imaging cameras for improved organizational productivity and easy operability. However, some vendors are unable to meet this demand, thus leading to customer dissatisfaction. Further, the third-party service providers are not closely monitored by the market vendors. This deters end-users form even adopting the effective and efficient thermal imaging cameras. Hence, vendors need to select the right vendor for obtaining constant support to attain operational excellence and enhanced convenience.
The key vendors dominating this market space are Flir Systems Inc., Fluke Corp., and NEC Avio Infrared Technologies Co. Ltd.
The other vendors mentioned in the report are Testo AG, Sierra Pacific Innovations Corp., Global Maintenance Technologies, and Thermoteknix Systems Ltd.
Key questions answered in this report:
- What will the market size be in 2016 and at what rate will it grow?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by these key vendors?
- What are the strengths and weaknesses of these key vendors?
For more information visit http://www.researchandmarkets.com/research/27zdkj/global_thermal
Source:Research and Markets