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Thermal imaging market will be worth over $16bn by 2026

The market research firm Global Market Insights released the latest report about the thermal imaging market and estimated the market size will be worth over $16bn by 2026.

The growing demand for technologically advanced solutions from the military & defense sectors for threat detection will drive the thermal imaging market growth. The rapid adoption of these solutions has modernized and enhanced the operational capabilities of armored vehicles. Thermal imagers are used in defense & homeland security applications that include scanning broad areas through aircraft, guidance systems to avoid collisions at sea, and locating enemy forces is propelling the market.

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