According to the new market research report "Infrared Thermography Market in Building Inspection by Application (Energy Auditing, Building Performance, & Others), Building Type (Residential, Commercial, & Others), Platform (Hardware & Software), & Geography - Forecast to 2020", the infrared thermography market in building inspection is expected to reach $53.2 Million by 2020, growing at a CAGR of 4.2% between 2015 and 2020.
Browse 65 market tables and 72 figures spread through 164 pages and an in-depth TOC on “Infrared Thermography Market in Building Inspection - Forecast to 2020”

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Infrared thermography, which is widely used for detecting the loop holes in buildings, namely, electric damages, leakages, and high energy consumption areas have proved to be very useful in emission control and using tool of predictive maintenance to eliminate the additional costs. The infrared thermography inspections are acting as a boon for the overall building analysis and it plays an important role in managing the complex structural analysis challenges. The growth of infrastructure, burgeoning population, predictive maintenance, and focus on energy consumption rate has catalyzed the growth of the infrared thermography market in building inspection. Moreover, the government mandates over energy consumption is acting as a key revenue pocket for the growth of market in building inspection.
The infrared thermography has been integral part of building inspections close to two decades. Over the last few years, the global infrared thermography market in building inspection has seen a good growth and has served thermographers, building inspectors, and home owners. The rising energy costs, growing need to make buildings energy efficient, increasing regulatory mandates regarding building codes, has catalyzed the growth of the market. The infrared building thermography is expected to have a huge opportunity in various building types, such as residential, commercial, industrial, and institutional. There is an inclination towards adopting infrared thermography for conducting energy audits that is to find the patterns of energy wastage of the building and inspect the electrical & HVAC systems for any defects which can lead to energy wastage and deteriorate the overall operational efficiency of the building, as there is pressure to reduce carbon footprints and have energy efficient buildings. There is an increased focus on building energy efficiency and the capability of thermal imaging systems, compared to the traditional building inspection tools and this is leading to the growth of the infrared thermography market in building inspection.One of the objectives of the report is to analyze the market trends for each of the infrared thermography market in building inspection market segments and their respective growth rates. Apart from the market segmentation, the report also covers in-depth analyses, such as Porter’s Five Forces analysis, value chain with a detailed process flow diagram, and market dynamics, such as drivers, restraints, opportunities, and challenges for the infrared thermography market in building inspection.

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The infrared thermography market in building inspection has been segmented based on geography– North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The North America is estimated to account for a major share of the infrared thermography market in building inspection, which is expected to be followed by Europe and Asia-Pacific. Moreover, the Asia-Pacific market is expected to grow at the highest rate.
The major players in this market are Fluke Corporation (U.S.), FLIR Systems, Inc. (U.S.), Nippon Avionics Co., Ltd. (Japan), Testo AG (Germany) among others.

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