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Handheld Imager Market: Things to Focus on to Ensure Long-term Success 2020-2023

Author : Ronak Bora | Published Date : 2020-09-11 

Escalating terrorist attacks and criminal nuisances across the globe will push global handheld imager market. Security concerns, especially at airports and stations due to the heavy crowd, is propelling the demand for handheld imagers across the globe. With the advent of technology, these imagers provide excellent features, such as barcode scanning, age verification, document scanning.

Furthermore, prominent industry players are continuously investing in research activities to propose new thermal camera-based handheld imagers that will combat the fierce situational threat by ensuring adequate security. handheld imager market worth over USD 1.48 billion in 2015, is projected to grow significantly at a CAGR of 12% over the period 2016-2023.

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Based on product trends, handheld imager market is fragmented into IR scanner, millimeter wave scanner, stud finder, and microbolometer. IR scanner industry is forecast to dominate the industry in the years ahead, driven by the excellent characteristics of these scanners such as inventory control, high-quality output, and time-efficiency. In addition, IR scanners, which are used for scanning and printing output codes from the computer will further fuel market demand, especially in the construction sector. Stud finder industry is also expected to witness substantial growth rate at a CAGR of 17% CAGR over 2016 -2023.

Millimeter wave scanners, which help sense objects hidden in an individual’s clothing through electromagnetic radiation will also lucratively contribute to market growth. Airport security is one sector where these scanners are increasingly used for sensing any possible threat. Millimeter wave scanner handheld imager market is projected to grow heavily at an annual rate of 17% over 2016-2023.

Top Key Players In Handheld Imager Market are BAE Systems, Bosch, C.H. Hanson, Zircon Corporation, DRS Technologies, FLIR Systems, Fluke Corporation, Franklin Sensors, General Dynamics Corporation, Newport Corporation, Raytek, Sago Systems, Stanley Black & Decker

North America handheld imager market accounted for the largest share in terms of revenue in 2015, and is poised to grow significantly at a CAGR of 12% over the period 2016-2023. High prevalence of criminal activities will prompt handheld imager market to prosper in this region. Strict regulatory framework regarding security concerns at airports will stimulate U.S. handheld imagers industry.

Asia Pacific market is anticipated to witness noteworthy growth at an annual CAGR of 13% over 2016 -2023. High-security requirements will also enhance the regional demand. Moreover, the rising need to synchronize the scanning process to achieve overall cost reduction will result in substantial growth in India and China handheld imager market. Ability to detect weapons, explosives, and other dangerous objects will also propel the regional demand.

Table Of Content:

Chapter 4         Handheld Imager Product Insights     

4.1.        Handheld imager share by product, 2015 & 2023

4.2.        IR scanner

4.2.1.    Market estimates and forecasts by region, 2012 - 2023

4.3.        Millimeter wave scanner

4.3.1.    Market estimates and forecasts by region, 2012 – 2023

4.4.        Stud finder

4.4.1.    Market estimates and forecasts by region, 2012 - 2023

4.5.        Microbolometer

4.5.1.    Market estimates and forecasts by region, 2012 – 2023

Chapter 5         Handheld Imager Application Insights

5.1.        Handheld imager share by application, 2015 & 2023

5.2.        Industrial

5.2.1.    Market estimates and forecasts by region, 2012 - 2023

5.3.        Medical

5.3.1.    Market estimates and forecasts by region, 2012 – 2023

5.4.        Construction

5.4.1.    Market estimates and forecasts by region, 2012 - 2023

5.5.        Security           

5.5.1.    Market estimates and forecasts by region, 2012 – 2023

5.6.        Others 

5.6.1.    Market estimates and forecasts by region, 2012 - 2023

Chapter 6         Handheld imager Regional Insights    

6.1    Key trends by region

6.2    North America

6.2.4   U.S.

6.2.5   Canada

6.3    Europe

6.3.3   UK

6.3.4   Germany

6.3.5   France

6.3.6   Italy

6.3.7   Spain

6.4    Asia Pacific

6.4.3   China

6.4.4   India

6.4.5   Japan

6.5    Latin America

6.5.3   Brazil

6.5.4   Mexico

6.6    MEA

6.6.3   GCC

6.6.4   South Africa

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/handheld-imager-market-report

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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