Handheld Imager Market Revenue, Trends, Growth & Forecast with Companies - BAE Systems, Bosch, FLIR Systems, Fluke Corporation, General Dynamics, Newport Corporation, Stanley Black & Decker

The Handheld Imager Market finds application in an assortment of industrial areas including manufacturing and refineries. These devices are designed for rugged performance coupled with the high efficiency and durability boosting the handheld imager market share. Declining products prices have led to an increase in adoption, to achieve the low price of the products, manufacturers are focusing on their abilities to manufacture the components such as infrared sensors in the mass quantity with high yield.

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Advances such as reduction in size, weight and cost coupled with the ability to detect temperature differences of objects is expected to increase uptake in the fire & rescue sector. These applications require a camera with a widespread scene dynamic range, such that it can be pointed in the direction of the fire, yet produce a useable image. The latest handheld imagers incorporate advanced thermal imaging technology to maintain light weight and compact form factor Multi-function (MF) variants. In addition, they integrate digital magnetic compass, in-built laser range finder, GPS and day camera, which facilitates passage of data and target acquisition for improved situational awareness. Such advanced features are anticipated to drive the handheld imager market.

Handheld Imager Market by product
• Stud Finder
• IR Scanner
• Millimeter Wave Scanner
• Microbolometer

Handheld Imager Market by application
• Construction
• Industrial
• Security
• Medical

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Millimeter wave scanner market is expected to see significant CAGR of over 17% over the next eight years owing to the increasing demand across commercial and government verticals. The product helps in detecting the concealed objects underneath an individual’s clothing utilizing electromagnetic radiation. Airports have witnessed growing deployment of these products to keep travelers safe by detecting weapons and any possible threats.

Construction applications are expected to exhibit substantial growth and account for over 20% of the handheld imager market share by 2023. These devices allow data collection, access to computer-aided design drawings, maintain electronic books and reference materials, estimating and scheduling applications.

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The U.S. handheld imager market contributed considerably to the global revenue in 2015 owing to increasing demand in applications across the airport security, government and commercial space. Airports across the country are replacing walk-through x-ray scanners with active millimeter wave full-body scanners, contributing to the overall handheld imager market size. The industry has also seen increasing IR scanner adoption across the commercial and industrial applications to avoid theft.

Companies operating in the handheld imager market include BAE Systems, Bosch, CH Hanson Company, Zircon Corporation, Drs Technologies, FLIR Systems, Fluke Corporation, Franklin Sensors, General Dynamics, Newport Corporation, Raytec, Sago Systems, Inc., Stanley Black & Decker, Inc.

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