Investment Thesis
FLIR Systems (FLIR) is one of the market leaders in the field of imaging and threat detection technologies. The global imaging market is rapidly growing, and the growth is driven by an increased need for advanced surveillance and security public and government sectors, accurate measurement in industrial settings and safety in a broad category of transportation services. FLIR already has several winning products in these categories and last week the firm has announced TrafiData, an intelligent thermal sensor capable of counting and classifying vehicles, bicyclists, and pedestrians, in addition to travel-time