The Asia Pacific Handheld Imagers Market would witness market growth of 16.2% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 2,340.5 thousand units, showcasing a growth of 16.9% (2019-2022).
Handheld imagers are portable devices with imaging technologies designed to capture, process, and display real-time visual information. These devices are characterized by their compact form aspect, ease of use, and the ability to provide high-quality images or videos. The evolution of imaging technologies, including advancements in sensors, optics, and image processing algorithms, has paved the way for developing increasingly sophisticated imagers. In the rapidly evolving technological innovation landscape, they have emerged as indispensable tools across various industries, transforming how they capture, analyze, and interpret visual information. These compact and portable devices, equipped with advanced imaging technologies, have grown significantly in recent years.
Moreover, the market is expected to grow considerably due to increasing adoption in previously untapped application areas. The development of advanced microbolometers and a rise in IT consumerization have significantly transformed the application development industry. It is also anticipated that substantial investments in developing camera-based scanners will stimulate demand for these imagers throughout the forecast period. In addition to facilitating usability and offering a favourable price-to-performance ratio, camera-based solutions are anticipated to generate additional opportunities for market expansion in the coming years.
Asia Pacific, a hub for manufacturing and industrial activities, witnesses a substantial demand for these imagers. According to Invest India, the telemedicine industry is India's maximum potential eHealth segment, which is expected to reach $5.4 Bn by 2025. India's focus on digital health initiatives and technology adoption in healthcare systems further propels the use of these imagers in telemedicine applications. They contribute to home health monitoring programs. With guidance from healthcare professionals, patients can use these devices to capture images or videos of specific health concerns, allowing for remote monitoring of chronic conditions. Due to the aforementioned factors the market growth will drive in this region.
The China market dominated the Asia Pacific Handheld Imagers Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $781.2 Million by 2030. The Japan market is registering a CAGR of 15.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 17% during (2023 - 2030).
Based on Product Type, the market is segmented into Millimeter Wave Scanners, IR Scanners, Stud Finders, and Others. Based on Application, the market is segmented into Security, Construction, Industrial, Medical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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
Handheld imagers are portable devices with imaging technologies designed to capture, process, and display real-time visual information. These devices are characterized by their compact form aspect, ease of use, and the ability to provide high-quality images or videos. The evolution of imaging technologies, including advancements in sensors, optics, and image processing algorithms, has paved the way for developing increasingly sophisticated imagers. In the rapidly evolving technological innovation landscape, they have emerged as indispensable tools across various industries, transforming how they capture, analyze, and interpret visual information. These compact and portable devices, equipped with advanced imaging technologies, have grown significantly in recent years.
Moreover, the market is expected to grow considerably due to increasing adoption in previously untapped application areas. The development of advanced microbolometers and a rise in IT consumerization have significantly transformed the application development industry. It is also anticipated that substantial investments in developing camera-based scanners will stimulate demand for these imagers throughout the forecast period. In addition to facilitating usability and offering a favourable price-to-performance ratio, camera-based solutions are anticipated to generate additional opportunities for market expansion in the coming years.
Asia Pacific, a hub for manufacturing and industrial activities, witnesses a substantial demand for these imagers. According to Invest India, the telemedicine industry is India's maximum potential eHealth segment, which is expected to reach $5.4 Bn by 2025. India's focus on digital health initiatives and technology adoption in healthcare systems further propels the use of these imagers in telemedicine applications. They contribute to home health monitoring programs. With guidance from healthcare professionals, patients can use these devices to capture images or videos of specific health concerns, allowing for remote monitoring of chronic conditions. Due to the aforementioned factors the market growth will drive in this region.
The China market dominated the Asia Pacific Handheld Imagers Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $781.2 Million by 2030. The Japan market is registering a CAGR of 15.4% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 17% during (2023 - 2030).
Based on Product Type, the market is segmented into Millimeter Wave Scanners, IR Scanners, Stud Finders, and Others. Based on Application, the market is segmented into Security, Construction, Industrial, Medical, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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
Scope of the Study
Market Segments Covered in the Report:
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 Country (Volume, Thousand Units, USD Billion, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- 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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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market At a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Handheld Imagers Market, by Product Type
Chapter 5. Asia Pacific Handheld Imagers Market, by Application
Chapter 6. Asia Pacific Handheld Imagers Market, by Country
Chapter 7. Company Profiles
Companies Mentioned
- 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
Methodology
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