Thermal Camera Market Outlook:
Thermal Camera Market size was valued at USD 5.51 billion in 2025 and is expected to reach USD 13.78 billion by 2035, expanding at around 9.6% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of thermal camera is evaluated at USD 5.99 billion.
The thermal camera demand is rising steadily due to its wide applications across security, surveillance, and industrial segments including predictive maintenance, fire detection, and environmental monitoring. The increasing interest in safety and automation will implore thermal camera adoption in smart city infrastructure and autonomous systems. Furthermore, their ability to detect heat beyond visible light makes them irreplaceable in extreme conditions and mission-critical environments, propelling the demand through 2037.
Leading companies also actively invest in innovation to have an edge over their competition. For example, in 2024, Hanwha Vision introduced AI-powered thermal cameras that promised better safety due to far superior object detection in low-visibility conditions such as fog or smoke. Governments are also driving growth in the market. The government in India began field testing thermal-smart cameras with C-DAC in smart cities for traffic policing in 2023. These efforts underline commitments to the improvement of safety and infrastructure by the public through advanced thermal imaging technologies.
