Global Microbolometer Thermal Imaging Cores Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Microbolometer Thermal Imaging Cores industry revenue is expected to be around $426.5 million in 2025 and expected to showcase growth with 13.4% CAGR between 2025 and 2034. The Microbolometer Thermal Imaging Cores market shows strong growth because of multiple essential factors. The market expansion is driven by three main factors which include rising surveillance system requirements and worldwide defense spending and expanding firefighting technology needs. The ongoing importance of these cores across automotive aerospace and healthcare industries demonstrates their essential role. The market will experience growth in the next years because thermal imaging technology continues to find applications in consumer electronics and autonomous vehicle development.
The Microbolometer Thermal Imaging Cores function as the central components of thermal imaging systems which transform infrared radiation into visible light images. The cores achieve high sensitivity while using minimal power and operate without cooling requirements. The technology finds its main uses in surveillance and security operations as well as firefighting and industrial inspection and automotive safety and navigation. The market demand for these cores increases because of three main trends which include AI integration in thermal imaging and device miniaturization and the development of 3D thermal imaging technology.
Market Key Insights
- The Microbolometer Thermal Imaging Cores market is projected to grow from $376.1 million in 2024 to $1.32 billion in 2034. This represents a CAGR of 13.4%, reflecting rising demand across Military & Defense, Medical Diagnostics and Industrial Inspection.
- FLIR Systems Inc., BAE Systems, L3Harris Technologies Inc. are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Microbolometer Thermal Imaging Cores market and are expected to observe the growth CAGR of 12.1% to 16.1% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 9.4% to 14.1%.
- Transition like Advancements in Technology is expected to add $47 million to the Microbolometer Thermal Imaging Cores market growth by 2030.
- The Microbolometer Thermal Imaging Cores market is set to add $947 million between 2024 and 2034, with manufacturer targeting Automotive & Industrial Applications projected to gain a larger market share.
- With Increasing demand for security and surveillance applications, and Advancements in automotive safety, Microbolometer Thermal Imaging Cores market to expand 252% between 2024 and 2034.