According to our (Global Info Research) latest study, the global Thermal Monocular market size was valued at US$ 612 million in 2024 and is forecast to a readjusted size of USD 829 million by 2031 with a CAGR of 4.5% during review period.
The thermal monocular market is experiencing significant growth due to several factors. One of the major drivers is the increasing demand for thermal imaging technology in various applications such as military and defense, law enforcement, search and rescue operations, and wildlife observation. Thermal monoculars provide enhanced visibility in low-light conditions, making them ideal for these applications.The market is witnessing a high concentration of sales in regions such as North America and Europe. These regions have a strong presence of military and defense organizations, which are the major end-users of thermal monoculars. Additionally, the increasing adoption of thermal imaging technology in law enforcement agencies and the growing popularity of outdoor activities such as hunting and camping are contributing to the market growth in these regions.However, there are also significant market opportunities in emerging economies such as China, India, and Brazil. These countries are witnessing rapid industrialization and urbanization, leading to increased investments in infrastructure development and security measures. This, in turn, is driving the demand for thermal monoculars in these regions.Despite the positive market outlook, there are some challenges that need to be addressed. One of the major challenges is the high cost of thermal monoculars. The advanced technology and specialized components used in these devices make them expensive, limiting their adoption in price-sensitive markets. Manufacturers need to focus on reducing the cost of production to make thermal monoculars more affordable and accessible.Another challenge is the limited range of thermal monoculars. Most devices have a range of a few hundred meters, which may not be sufficient for certain applications. Manufacturers need to invest in research and development to improve the range and performance of thermal monoculars.
This report is a detailed and comprehensive analysis for global Thermal Monocular market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Thermal Monocular market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermal Monocular market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermal Monocular market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Thermal Monocular market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermal Monocular
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermal Monocular market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AGM Global Vision, Pulsar, theOpticGuru, FLIR, Bushnell, Burris Optics, ATN Corp, N-Vision Optics, Bering Optics, Leupold, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Thermal Monocular market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Handheld Thermal Monocular
Helmet-mounted Thermal Monocular
Clip-on Thermal Monocular
Market segment by Application
Military
Hunting
Rescue
Other
Major players covered
AGM Global Vision
Pulsar
theOpticGuru
FLIR
Bushnell
Burris Optics
ATN Corp
N-Vision Optics
Bering Optics
Leupold
Sector Optics
Zeiss
Trijicon
L3Harris
ADOS-TECH
Night Tech
GSCI
Hikmicro
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermal Monocular product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermal Monocular, with price, sales quantity, revenue, and global market share of Thermal Monocular from 2020 to 2025.
Chapter 3, the Thermal Monocular competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermal Monocular breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Thermal Monocular market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermal Monocular.
Chapter 14 and 15, to describe Thermal Monocular sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Thermal Monocular. Industry analysis & Market Report on Thermal Monocular is a syndicated market report, published as Global Thermal Monocular Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Thermal Monocular market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.