Global Infrared Thermometers Market

Global Infrared Thermometers Market Size, Share, Growth Analysis, By Type(Fixed, Portable Thermometers), By Component(Optical, Display & Interface Units), By Application(Medical, Non-medical), By End-use(Residential, Commercial) - Industry Forecast 2024-2031


Report ID: SQMIG35A2713 | Region: Global | Published Date: February, 2024
Pages: 165 | Tables: 116 | Figures: 77

Global Infrared Thermometers Market Dynamics

Infrared Thermometers Market Driver

  • Rising reception of infrared thermometers in food and medical services, mechanical advancements in infrared thermometers, and expanding government support are major aspects driving the development in infrared thermometer market.
  • Development of medical care industry combined with continuous episode of infectious ailments has totally changed the tide for non-contact infrared thermometers that can possibly estimate temperatures from distance without connecting with the objects.
  • Increasing acceptance of infrared thermometers in the electronic business for different purposes including observing the performance of boiler operations, cooling systems, motors, engines, detection of a hot spot and stem systems in electrical systems is supposed to additionally extend the size of infrared thermometer market in future.

Infrared Thermometers Market Restraint

  • The poor penetration and expensive property of infrared thermometers across various underdeveloped and developing nations is the key restraining factor.
  • The inaccuracy of these IR thermometers are also a key concern, as alterations in interpretations of temperature predominantly during extreme environments or conditions may limit their consumption.
  • It is difficult to take temperature measurements of reflective surfaces using IR thermometers. They also pick up both emitted and reflected energy unless they are adjusted to read emitted energy only. The emissivity of certain materials can be looked up in published tables and adjusted on some meters to help ensure accurate measurements. In addition, measuring an object through glass generally gives the surface temperature of the glass, unless the glass is made of a special IR transmitting material such as germanium.

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FAQs

Infrared Thermometers Market size was valued at USD 823 million in 2019 and is poised to grow from USD 900 million in 2023 to USD 1690 million by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).

The Infrared Thermometers Market is competitive, with the existence of several number of major firms operating in both domestic and international markets. The industry's top players are embracing strategic collaboration initiatives to improve market share and profitability. Some of the major players in the market are American Diagnostic Corporation, Contec Medical Systems, Electronic Temperature Instruments Ltd., Geratherm Medical AG, Omron Healthcare Co., Paul Hartmann AG, PCE Instruments, Thermomedics, Inc., Welch Allyn and Microlife Corporation among others who are driving the market. 'Fluke Corporation', 'Ametek Land', 'Testo SE & Co. KGaA', 'Omega Engineering Inc.', 'CHINO Corporation', 'Raytek Corporation', 'Keysight Technologies, Inc.', 'Emerson Electric Co.', 'PCE Instruments', 'Optris GmbH', 'Micro-Epsilon Messtechnik GmbH & Co. KG', 'Extech Instruments', 'Hanna Instruments', 'AZ Instrument Corp.', 'Keller HCW GmbH', 'Yokogawa Electric Corporation', 'OMEGA Engineering Limited', 'REED Instruments', 'Hioki E.E. Corporation', 'FLIR Systems, Inc.'

Rising reception of infrared thermometers in food and medical services, mechanical advancements in infrared thermometers, and expanding government support are major aspects driving the development in infrared thermometer market.

The main factors driving the market's development incorporate the rising number of coronavirus patients and the rising acceptance of infrared thermometers in curbing the spread.

The infrared thermometer market in the Asia Pacific region is projected to have a prevailing outlook and witness development at the fastest CAGR over the forecast period. Interest for infrared thermometers in the area is expected to be driven by high acceptance across different industry verticals and further technological progressions. Moreover, demand for infrared thermometers in Latin America is likewise expected to see an ascent as the healthcare infrastructure advances in the region.

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Global Infrared Thermometers Market

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