Global Infrared Thermometer Market, By Type (Fixed Infrared Thermometer, Portable Infrared Thermometer), Component (Optical Components, Electronics, Display and Control Units, Others), Application (Non-medical, Medical), End-Use (Residential, Commercial, Industrial), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Infrared Thermometer Market
The infrared thermometer market is expected to witness market growth at a rate of 9.50% in the forecast period of 2021 to 2028. Data Bridge Market Research report on infrared thermometer market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in the use of product in various industries globally is escalating the growth of infrared thermometer market.
An infrared thermometer refer to a thermometer that assists in indicating temperature from a portion of the thermal radiation, also called black-body radiation that is emitted by the object being measured. The thermometer is defined as an excellent tool for the non-contact measurement of objects that carry objects in motion and at high temperatures. They allow users to measure the temperature in applications where traditional sensors cannot be employed.
The increase in the number of COVID-19 patients across the globe acts as one of the major factors driving the growth of infrared thermometer market. The proliferation of Infrared (IR) Technology in various electronic devices such as remote-controlled devices, cameras, and sensors, among others, and use of the product in maintaining the right temperature of raw material and end-product during the manufacturing of any food & beverage item accelerate the market growth. The adoption of infrared thermometers for industrial use is their accuracy, efficiency, and durability, and rise in research and development investments by companies, governments, and capital firms for developing innovative thermal scanning solutions and infrared thermometers further influence the market. Additionally, rapid urbanization, increase in investments, emergence of industry 4.0 and adoption of infrared thermometers in construction applications positively affect the infrared thermometer market. Furthermore, adoption of infrared thermometers in HVAC and refrigeration applications extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
- On the other hand, accuracy issues with infrared thermometers are expected to obstruct the market growth. Limitation of infrared thermometers in crowd screening is projected to challenge the infrared thermometer market in the forecast period of 2021-2028.
This infrared thermometer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info image on infrared thermometer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Infrared Thermometer Market Scope and Market Size
The infrared thermometer market is segmented on the basis of type, component, application and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the infrared thermometer market is segmented into fixed infrared thermometer, and portable infrared thermometer.
- On the basis of component, the infrared thermometer market is segmented into optical components, electronics, display and control units and others.
- On the basis of application, the infrared thermometer market is segmented into non-medical and medical.
- On the basis of end-use, the infrared thermometer market is segmented into residential, commercial, and industrial.
Infrared Thermometer Market Country Level Analysis
The infrared thermometer market is analyzed and market size, volume information is provided by country, type, component, application and end-user as referenced above.
The countries covered in the infrared thermometer market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the infrared thermometer market due to the technological advancements and the high adoption of technology in a vast range of industries within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 because of the presence of a large number of infrared thermometer product manufacturers in the US.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Infrared Thermometer Market Share Analysis
The infrared thermometer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to infrared thermometer market.
The major players covered in the infrared thermometer market report are Fluke Corporation, Teledyne FLIR LLC, Testo SE & Co. KGaA, OMRON Corporation, Microlife Corporation., OMEGA Engineering Inc., PCE Deutschland GmbH, CHINO Corporation, AMETEK Land, Hill-Rom Services, Inc., Robert Bosch GmbH, Optris, CONTEC MEDICAL SYSTEMS CO., LTD, Nureca., Trumeter, Technology Co. Ltd., Yuwell-Jiangsu Yuyue medical equipment & supply Co., Ltd., WIKA Instruments India Pvt. Ltd., Emerson Electric Co., HORIBA, KEYENCE CORPORATION., Zebronics India Pvt. Ltd., Amphenol Corporation., Melexis., Detel or Calex Electronics Limited, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.