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 Insights

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).

An infrared thermometer is the temperature-estimating gadget that identifies temperatures with the assistance of infrared sensor, which switches infrared sign over completely to electrical displays and signal the outcome in units of temperature. Infrared thermometers are intended for contact or non-contact reason. These assist with checking the surface temperature for modern industrial appliances. The foremost uses that has made the infrared thermometer, so popular in the market are its dependability, linearity, cost-viability and numerous others.

The companies involved in the manufacturing of Infrared Thermometers are now focusing on maximizing the accuracy, which will provide more accurate results. This development will help the Infrared Thermometer to penetrate more in the market. The Infrared Thermometer finds their applications in diverse sectors such as medical ,industrial, food & beverages, pharmaceutical and many others.

The main factors driving the market's development incorporate the rising number of coronavirus patients and the rising acceptance of infrared thermometers across the construction applications and manufacturing sector. The infrared thermometer market generated the highest ever revenue in 2019 during the pandemic, compared to the one assessed before the pandemic.

US Infrared Thermometers Market  is poised to grow at a sustainable CAGR for the next forecast year.

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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

Product ID: SQMIG35A2713

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