AI-based Fever Detection Camera Market to Reach $2.19 Bn by 2027; Rising Deployment at Airports to Favor Growth

The global AI-based fever detection camera market size is projected to reach USD 2.19 billion by 2027. It is set to gain impetus from the rising installation of AI-based fever detection cameras at airports worldwide. They are aiding in the screening of passengers and flight crews. In an hour, these cameras are capable of scanning approximately 1,500 people without the requirement of human interventions. This information is given by Fortune Business Insights™ in a newly published report, titled, “AI-Based Fever Detection Camera Market Size, Share & Industry Analysis, By Type (Turret/Bullet Cameras, and Handheld Cameras), By End-User (Airports, Hospitals, Public Places, Enterprises/Factories, Banks, and Others), and Regional Forecast, 2020-2027.” The report further states that the global market size stood at USD 1.28 billion by 2020. However, it is anticipated to exhibit a CAGR of 8.0% during the forecast period between 2020 to 2027.

Hikvision Launches Temperature Screening Thermographic Cameras in India

In April 2020, Hikvision, a manufacturer and supplier of video surveillance equipment headquartered in China, introduced its new temperature screening thermographic cameras in India. These are best suited for hospitals, schools, airports, and other transport terminals for conducting rapid preliminary screening. These cameras are to be used in accordance with local regulations and laws. Some of the benefits of using these cameras are as follows:

• AI technology: This technology aids in lowering false alarms triggered by other sources of heat.
• Safety: These cameras can measure temperatures accurately from a distance of 1 meter. So, physical contact is absent.
• Efficiency: It takes around 1 second for the camera to detect body temperature, thereby reducing congestion issues.
• Notifications: These cameras send immediate alarm notifications to the authorities in case of detection.

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/ai-based-fever-detection-camera-market-103093

Increasing Cases of COVID-19 to Skyrocket Demand for AI-based Fever Detection Cameras

The AI-based fever detection cameras are capable of providing accurate results by sending alerts to the officials instantly, unlike the traditional thermal cameras. They are specially developed to deliver real-time updates. Hence, they are experiencing high demand from the governments, transport authorities, retailers, and hospitals across the globe. Presently, the outbreak of the COVID-19 pandemic is rising at a fast pace. Fever is considered to be the earliest symptom of this deadly infection. To lower the number of cases, ruling bodies are installing these cameras at public places. However, several environmental factors can tamper with a person’s body temperature. It may lead to incorrect reading. This factor may obstruct the AI-based fever detection camera market growth in the near future.

Innovative Product Development: Key Strategy of Enterprises to Intensify Competition

The market houses end number of players that are persistently working to expand their product offerings by infusing the AI-based fever detection cameras with latest technologies, such as big data and cloud. They are doing so rapidly on account of the rising number of coronavirus cases in various countries. These cameras would help in the reduction of such cases.

Fortune Business Insights™ lists out the names of all the renowned manufacturers present in the market. They are as follows:

• Altoros
• AnyConnect Private Limited
• Athena Security, Inc.
• Australia PTY LTD.
• FLIR Systems, Inc.
• Hangzhou Hikvision Digital Technology Co., Ltd.
• Honeywell International Inc.
• Johnson Controls
• Kogniz, Inc.
• Mantra Softech (India) Pvt. Ltd.
• Nippon Avionics Co., Ltd.
• Platinum CCTV
• Scylla
• Vantage Security

A Noteworthy Industry Development-

• March 2020: D-Link Australia recently unveiled its newest AI thermal camera-based temperature measuring system for detecting cases of coronavirus at public transport hubs, schools, hospitals, airports, and shopping malls. It can measure around 30 simultaneous temperature checks within 30ms. It is blended with artificial intelligence and the unique infrared thermal imaging technology. It is also equipped with an 8mm fixed thermal lens, an on-board temperature detection algorithm, facial recognition, and one IP address for two channels.

Further Report Findings-

• North America generated USD 0.46 billion in 2020 in terms of revenue. This growth is attributable to the increasing number of coronavirus cases in the developed countries, such as the U.S. The region will be followed by Europe because of the early adoption of novel technologies.
• Asia Pacific is expected to be the fastest-growing region on account of the rapid development of these fever detection cameras by renowned companies, as well as local start-ups.
• In terms of end user, the public places segment procured 13.8% in 2020 in terms of market share. It occurred because of the increasing deployment of these fever detection cameras in crowded places to detect high body temperatures.

The global market can be segmented in the following way: