Market Research Report
Pyrometer Market with COVID-19 Impact Analysis, by Type (Fixed, Handheld), Technology (Optical, Infrared), Wavelength (Single Wavelength, Multiwavelength), End-user Industry (Ceramics, Glass, Metal Processing), and Geography - Global Forecast to 2025
|Pyrometer Market with COVID-19 Impact Analysis, by Type (Fixed, Handheld), Technology (Optical, Infrared), Wavelength (Single Wavelength, Multiwavelength), End-user Industry (Ceramics, Glass, Metal Processing), and Geography - Global Forecast to 2025|
Published: March 24, 2021
Content info: 177 Pages
Delivery time: 1-2 business days
The pyrometer market is estimated to grow from USD 327 million in 2020 to reach
USD 464 million by 2025; it is expected to grow at a CAGR of 7.3% from 2020 to 2025. A few key factors driving the growth of this market are increased importance of non-contact temperature measurements, emphasis of end-user industries on rugged temperature measurement devices, Industry 4.0 pushed demand for pyrometers, and surged popularity of application-specific pyrometers.
"The pyrometer market for fixed type is expected to grow at a higher CAGR from 2020 to 2025"
The pyrometer market for fixed type is expected to grow at higher CAGR from 2020 to 2025. The key factor driving the growth of this segment is the increased demand for high-precision temperature measurements in industries with harsh environments. Ongoing digitalization and automation of various industries have led to the rise in demand for continuous temperature measurement devices, thereby stimulating the growth in demand for fixed pyrometers across the world.
"Multiwavelength segment is expected to hold larger share of pyrometer market during forecast period"
Multiwavelength segment is expected to hold larger share of pyrometer market during forecast period. Multiwavelength pyrometers are ideal for high-temperature measurements for all low-emissivity materials, offer the real-time measurement of temperature. They can simultaneously measure single-wavelength and dual or multi-wavelength temperature values. This growth is also driven by the wide range of applications of multiwavelength pyrometers in metal processing industries such as galvanized/gal annealed steel, aluminum extrusion, quench, and strip, among others.
"Europe to account for second largest size of pyrometer market during forecast period"
Europe to account for second largest size of pyrometer market during forecast period. Europe's continuous technological developments, coupled with the increasing usage of temperature measurement devices to ensure safety, will push the demand for the pyrometer market in the coming years. Europe is one of the major glass producers worldwide. The glass market in Europe is driven by the construction, automotive, energy, engineering, and food services industries.
AMETEK Land (US), Fluke Corporation (US), CHINO Corporation (Japan), Advanced Energy Industries, Inc. (US), OMEGA Engineering (US), PCE Instruments (Germany), Optris GmbH (Germany), Sensortherm GmbH (Germany), CI Systems (US), DIAS Infrared GmbH (Germany), Williamson Corporation (US), and Micro-Epsilon (Germany) are few major players in pyrometer market.
Based on type, the pyrometer market has been segmented into fixed and handheld. Based on product technology, the pyrometer market has been segmented into optical and infrared. Based on wavelength, the pyrometer market has been segmented into single wavelength and multiwavelength. Based on end-user industry, the pyrometer market has been segmented into ceramics, glass, and metal processing. Based on glass manufacturing type, the pyrometer market has been further segmented into forehearth, melt tank, lehr, tin bath, and others. Based on region, the pyrometer market has been segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).
Reasons to Buy Report
1. This report segments the pyrometer market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across types, technologies, wavelengths, end-user industries, and regions.
2. The report helps stakeholders understand the pulse of the market and provides information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape provides market share analysis and company evaluation quadrant for the key players operating in the pyrometer market.