Because the galloping of iced conductors is one of the main disasters in the State Grid, resulting in huge economic and property losses every year, the research on relevant monitoring methods is of great significance. The existing galloping monitoring technology is mainly based on the contact detection method, which presents potential electrical hazards and power supply problems. In this paper, a conductor galloping monitoring method based on the target detection of infrared sources is put forward to overcome the shortcomings of existing methods. In other words, an infrared source label is installed on the conductor spacer, high-definition night vision infrared cameras are installed on electric power towers to take video of the infrared source labels, and the characteristic amplitude of conductor galloping is calculated by an image recognition and tracking algorithm. The practical application results indicate that the method has the advantages of non-contact detection, safety and reliability, and high detection accuracy.