Infrared Thermometer Market Report: Trends, Forecast and Competitive Analysis to 2030

Infrared Thermometer Trends and Forecast

The future of the global infrared thermometer market looks promising with opportunities in the commercial, residential, and industrial markets. The global infrared thermometer market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 8.6% from 2024 to 2030. The major drivers for this market are growing adoption of infrared thermometers across the manufacturing sector and construction applications , increasing awareness about the significance of body temperature monitoring, and rising prevalence of infectious diseases and other medical problems, including malaria and dengue.

A more than 150-page report is developed to help in your business decisions.

Infrared Thermometer by Segment

The study includes a forecast for the global infrared thermometer by type, component , application, end use industry, and region.

Infrared Thermometer Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Fixed Infrared Thermometer
• Portable Infrared Thermometer

Infrared Thermometer Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Optical Components
• Electronics
• Display and Control Units
• Others

Infrared Thermometer Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Non-Medical
• Medical

Infrared Thermometer Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Residential
• Commercial
• Industrial

Infrared Thermometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Infrared Thermometer Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies infrared thermometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the infrared thermometer companies profiled in this report include-

• Thermo Fisher Scientific
• Omega Engineering
• PCE Deutschland
• Horiba
• Weiss Instruments
• Mediaid
• Fluke Corporation
• Optris
• PCE Instruments
• Chino Corporation

Infrared Thermometer Market Insights

Lucintel forecast that portable infrared thermometer will remain the largest segment over the forecast period due to growing usage for commercial and industrial purporses, and increasing demand for remote patient monitoring devices.

Within this market, industrial will remain the largest segment due to huge adoption of infrared thermometers in industrial manufacturing and industrial processing.

North America will remain the largest region over the forecast period due to established healthcare infrastructure, rising disposable thermometer demand, and presence of key players in the region.

Features of the Global Infrared Thermometer Market

Market Size Estimates: Infrared thermometer market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Infrared thermometer market size by various segments, such as by type, component , application, end use industry , and region. in terms of value ($B).

Regional Analysis: Infrared thermometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, components, applications, end use industries, and region.s for the infrared thermometer market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the infrared thermometer market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the infrared thermometer market size?

Answer: The global infrared thermometer market is expected to reach an estimated $5.4 billion by 2030.

Q.2. What is the growth forecast for infrared thermometer market?

Answer: The global infrared thermometer market is expected to grow with a CAGR of 8.6% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the infrared thermometer market?

Answer: The major drivers for this market are growing adoption of infrared thermometers across the manufacturing sector and construction applications , increasing awareness about the significance of body temperature monitoring, and rising prevalence of infectious diseases and other medical problems, including malaria and dengue.

Q.4. What are the major segments for infrared thermometer market?

Answer: The future of the infrared thermometer market looks promising with opportunities in the commercial, residential, and industrial markets.

Q.5. Who are the key infrared thermometer market companies?

Answer: Some of the key infrared thermometer companies are as follows:

• Thermo Fisher Scientific
• Omega Engineering
• PCE Deutschland
• HORIBA
• Weiss Instruments
• Mediaid
• Fluke Corporation
• Optris
• PCE Instruments
• Chino Corporation

Q.6. Which infrared thermometer market segment will be the largest in future?

Answer: Lucintel forecast that portable infrared thermometer will remain the largest segment over the forecast period due to growing usage for commercial and industrial purporses, and increasing demand for remote patient monitoring devices.

Q.7. In infrared thermometer market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to established healthcare infrastructure, rising disposable thermometer demand, and presence of key players in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the infrared thermometer market by type (fixed infrared thermometer and portable infrared thermometer), component (optical components, electronics, display and control units, and others), application (non-medical and medical), end use industry (residential, commercial, and industrial), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?