The Worldwide Handheld Imagers Market is Projected to reach USD 10.1 Billion by 2030, at a CAGR of 15.2%

21-Dec-2023 | Report Format: Electronic (PDF)

Handheld Imagers Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Handheld Imagers Market size is expected to reach $10.1 billion by 2030, rising at a market growth of 15.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 9,938.9 thousand units, experiencing a growth of 15.9% (2019-2022).

The Millimeter Wave Scanners segment is leading the Global Handheld Imagers Market, by Product Type in 2022; thereby, achieving a market value of $3.4 Billion by 2030. Millimeter-wave scanners are non-intrusive and non-ionizing, making them suitable for security screening at airports, public events, and high-security facilities. Unlike X-ray scanners, millimeter-wave scanners do not expose individuals to ionizing radiation. This capability is valuable in quality control, industrial inspections, and material analysis applications. Millimeter-wave scanners can be integrated with automated threat detection algorithms to analyze scanned images for anomalies quickly. This enhances the speed and efficiency of security screening processes, reducing the need for manual inspection.

The Construction segment is registering a CAGR of 15.5% during (2023 - 2030). Construction sites involve complex electrical systems, and handheld imagers assist in inspecting and troubleshooting electrical components. These devices can identify overheating in wiring, circuit breakers, or other electrical equipment, helping to prevent electrical failures and fires and ensuring compliance with safety standards. They are utilized to assess the integrity of concrete and other structural elements. Infrared imaging can reveal subsurface defects, such as delamination or voids, providing valuable information for quality control during construction and helping to identify potential safety hazards.

The North America region dominated the Global Handheld Imagers Market, by region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $3,281.9 Million by 2030. The Europe region is poised to grow a CAGR of 14.9% during (2023 - 2030). Additionally, The Asia Pacific region would exhibit a CAGR of 16.2% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/handheld-imagers-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Leonardo SpA (Leonardo DRS, Inc.), BAE Systems PLC, Robert Bosch GmbH, Teledyne FLIR LLC (Teledyne Technologies Incorporated), Fortive Corporation (Fluke Corporation), General Dynamics Corporation, Danaher Corporation, Stanley Black & Decker, Inc., Defence and Security Equipment International Ltd. and C.H. Hanson Company.

Global Handheld Imagers Market Segmentation

By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • Millimeter Wave Scanners
  • IR Scanners
  • Stud Finders
  • Others

By Application (Volume, Thousand Units, USD Billion, 2019-2030)

  • Security
  • Construction
  • Industrial
  • Medical
  • Others

By Geography (Volume, Thousand Units, USD Billion, 2019-2030)

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Companies Profiled

  • Leonardo SpA (Leonardo DRS, Inc.)
  • BAE Systems PLC
  • Robert Bosch GmbH
  • Teledyne FLIR LLC (Teledyne Technologies Incorporated)
  • Fortive Corporation (Fluke Corporation)
  • General Dynamics Corporation
  • Danaher Corporation
  • Stanley Black & Decker, Inc.
  • Defence and Security Equipment International Ltd.
  • C.H. Hanson Company

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