The reaction follows a report by Transparency Market Research which predicts the industry will grow to a value of over $6m worldwide by the year 2019 thanks to better technology becoming more accessible to the consumer.
Due to a range of new applications, combined with an increased investment in cutting edge modern technology, the security industry can expect the global thermal imaging sector to experience huge growths over the next five years. The figure is expected to hit $6.099m in 2019, almost doubling from the reported $3.2 million the industry was worth in 2012.
Thermal Imaging devices have enjoyed great penetration in the industrial and commercial sectors, something that is only expected to increase in the coming years. The industrial sector now use the technology to monitor their manufacturing processes, while the commercial sector employ the devices for building diagnosis as well as private and domestic security.
As the use of thermal imaging is a fairly recent trend in the security industry in the UK, manufacturers have been able to promote lower prices. This is believed to have been a huge factor in their success, as they are now extremely accessible for a large number of smaller businesses.
The devices are widely used in surveillance and security, maintenance and monitoring, as well as research and development. Between them, these segments have accounted for over half of the market revenue since 2012.
A spokesperson for AlertSystems, leaders in the field of business security systems, has released a statement following the news.
“The new developments in thermal imaging technology are a huge step for the security industry.
“As a feature largely seen as something restricted to military operation, the fact it is now a lot more affordable means that businesses of any size can begin to enjoy the great benefits that the devices will offer. At AlertSystems, we have been advocates of the technology for quite some time and this report consolidates that.”
AlertSystems manage and maintain thousands of commercial security installations throughout the UK and are specialists in providing business security solutions. Offering professional service and a complete range of security services such as monitored alarm systems, Automatic Number Plate Recognition and Avigilon CCTV security systems, AlertSystems provides effective and reliable solutions to security problems.
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