| Product Code: ETC5603153 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada thermal imaging market witnessed a steady growth in imports from 2020 to 2024, with a CAGR of 4.18%. However, there was a decline in import growth in 2023-2024, with a year-on-year decrease of -17.49%. Overall, the market showed positive growth over the period, driven by factors such as technological advancements and increasing demand for thermal imaging products.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Thermal Imaging Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Thermal Imaging Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Thermal Imaging Market - Industry Life Cycle |
3.4 Canada Thermal Imaging Market - Porter's Five Forces |
3.5 Canada Thermal Imaging Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Canada Thermal Imaging Market Revenues & Volume Share, By Technology, 2022 & 2032F |
3.7 Canada Thermal Imaging Market Revenues & Volume Share, By Wavelength, 2022 & 2032F |
3.8 Canada Thermal Imaging Market Revenues & Volume Share, By Vertical, 2022 & 2032F |
3.9 Canada Thermal Imaging Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Thermal Imaging Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for thermal imaging technology in various industries such as construction, automotive, and healthcare. |
4.2.2 Growing investments in infrastructure development and smart city projects in Canada. |
4.2.3 Rising adoption of thermal imaging for security and surveillance applications. |
4.3 Market Restraints |
4.3.1 High initial costs associated with thermal imaging equipment and technology. |
4.3.2 Lack of awareness and knowledge about the benefits and applications of thermal imaging technology. |
4.3.3 Regulatory constraints and restrictions on the use of thermal imaging devices in certain industries. |
5 Canada Thermal Imaging Market Trends |
6 Canada Thermal Imaging Market Segmentations |
6.1 Canada Thermal Imaging Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Thermal Imaging Market Revenues & Volume, By Thermal Cameras, 2022-2032F |
6.1.3 Canada Thermal Imaging Market Revenues & Volume, By Thermal Scopes, 2022-2032F |
6.1.4 Canada Thermal Imaging Market Revenues & Volume, By Thermal Modules, 2022-2032F |
6.2 Canada Thermal Imaging Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Canada Thermal Imaging Market Revenues & Volume, By Cooled, 2022-2032F |
6.2.3 Canada Thermal Imaging Market Revenues & Volume, By ? Uncooled, 2022-2032F |
6.3 Canada Thermal Imaging Market, By Wavelength |
6.3.1 Overview and Analysis |
6.3.2 Canada Thermal Imaging Market Revenues & Volume, By SWIR, 2022-2032F |
6.3.3 Canada Thermal Imaging Market Revenues & Volume, By MWIR, 2022-2032F |
6.3.4 Canada Thermal Imaging Market Revenues & Volume, By ? LWIR, 2022-2032F |
6.4 Canada Thermal Imaging Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Canada Thermal Imaging Market Revenues & Volume, By Industrial, 2022-2032F |
6.4.3 Canada Thermal Imaging Market Revenues & Volume, By Commercial, 2022-2032F |
6.4.4 Canada Thermal Imaging Market Revenues & Volume, By Residential, 2022-2032F |
6.4.5 Canada Thermal Imaging Market Revenues & Volume, By Aerospace & Defence, 2022-2032F |
6.4.6 Canada Thermal Imaging Market Revenues & Volume, By Automotive, 2022-2032F |
6.4.7 Canada Thermal Imaging Market Revenues & Volume, By Healthcare & Life Sciences, 2022-2032F |
6.4.8 Canada Thermal Imaging Market Revenues & Volume, By Food & Beverages, 2022-2032F |
6.4.9 Canada Thermal Imaging Market Revenues & Volume, By Food & Beverages, 2022-2032F |
6.5 Canada Thermal Imaging Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Canada Thermal Imaging Market Revenues & Volume, By Security & Surveillance, 2022-2032F |
6.5.3 Canada Thermal Imaging Market Revenues & Volume, By Monitoring & Inspection, 2022-2032F |
6.5.4 Canada Thermal Imaging Market Revenues & Volume, By Detection & Measurement, 2022-2032F |
7 Canada Thermal Imaging Market Import-Export Trade Statistics |
7.1 Canada Thermal Imaging Market Export to Major Countries |
7.2 Canada Thermal Imaging Market Imports from Major Countries |
8 Canada Thermal Imaging Market Key Performance Indicators |
8.1 Research and development investment in thermal imaging technology. |
8.2 Number of partnerships and collaborations between thermal imaging companies and industry players. |
8.3 Percentage of government funding allocated to projects involving thermal imaging technology. |
8.4 Adoption rate of thermal imaging technology in critical sectors such as healthcare and defense. |
8.5 Number of patents filed for innovations in thermal imaging technology. |
9 Canada Thermal Imaging Market - Opportunity Assessment |
9.1 Canada Thermal Imaging Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Canada Thermal Imaging Market Opportunity Assessment, By Technology, 2022 & 2032F |
9.3 Canada Thermal Imaging Market Opportunity Assessment, By Wavelength, 2022 & 2032F |
9.4 Canada Thermal Imaging Market Opportunity Assessment, By Vertical, 2022 & 2032F |
9.5 Canada Thermal Imaging Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Thermal Imaging Market - Competitive Landscape |
10.1 Canada Thermal Imaging Market Revenue Share, By Companies, 2025 |
10.2 Canada Thermal Imaging Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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