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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Without respect to lighting conditions, all things emit or reflect invisible heat radiation that can only be seen by thermal cameras. Security is a field where thermal imaging has some of its greatest advantages.
An infrared camera can minimise structural and content damage in any of these scenarios while also reducing or even eliminating unexpected downtime.Due to its versatility, infrared thermography is advantageous for a wide range of applications, including: Most forms of machinery.
No light is needed for thermal imaging to function. Visible light in the immediate area is amplified to create night vision.
The South Korea Thermal camera market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
Release of an intelligent module by Hanwha Systems for thermal imaging cameras An advanced thermal imaging engine module named "Quantum Red" from Hanwha Systems, a significant South Korean defence contractor, will have improved temperature measurement capabilities.
The manufacturer believes that the new module can be used with night vision sensors for self-driving technologies and will improve the accuracy of thermal imaging cameras for detecting body heat.
Hanwha Systems stated that Quantum Red is made up of an optical metre, a detector, and a signal processing module and that it has the potential for a number of applications in the medical industry, smart farms, and other industries that require accurate temperature measurement. The business also focuses on leisure, urban aviation mobility, and firefighting.
According to Hanwha Systems, it has combined infrared image signal processing technology onto an integrated circuit known as a System on Chip (SoC) that houses all or the majority of a computer or other electronic system's components.
Quantum Red thus becomes more compact and lightweight than previous thermal imaging engine modules, enabling it to handle high-definition thermal imaging signals at rapid speed. Changing the programme is the only way to reflect specific needs like image quality and temperature measurement range.
A high-tech product called Quantum Red incorporates electrical optics expertise and technology that they have gathered over the past 40 years.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |