The Infrared Thermometer Market is Expected to Foresee Significant Growth. The U.S. to lead the growth!
The Infrared Thermometer Market is expected to witness a CAGR of around 10% during the forecast period. An infrared thermometer is a device that records the temperature of a subject from a distance by reading its thermal radiation levels. The device is beneficial in situations where it is difficult to reach the object to measure the temperature. Additionally, thermometers play a vital part in many industry verticals, but the most noticeable among them is the healthcare sector, which uses thermometers more than other industries. The growth of the infrared thermometer market during the forecast period is driven by some major factors such as a hike in covid-19 cases, infectious diseases, rising industry growth, and food manufacturing & processing units. For instance, in January 2020, Hanna Instruments launched Brewing Thermometer, which was specifically crafted for brewers, and provided temperature reading during the brewing process.
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Based on product, the infrared thermometer market is segmented into fixed infrared thermometers and portable infrared thermometers. The portable infrared thermometer category is anticipated to witness a significant growth rate during the forecast period. This is mainly due to the growing demand for infrared thermometers in the medical sector, hospitality services, industries, and various commercial places because these thermometers are easy to use and portable. Moreover, the ability of a portable infrared thermometer to measure the temperature from distance is further contributing to the growth of this segment. For instance, according to the most recent comprehensive data in the Census Bureau’s report, there are many food and beverage processing plants in the U.S. 36,486, owned by about 31,401 companies.
Based on application, the infrared thermometer market is segmented into non-medical and medical. The medical category is supposed to witness considerable growth during the forecast period because of an increase in its non-medical use globally. The non-medical infrared thermometer is utilized in different industries, like the fire department, hospitality, and manufacturing and new technological advancement is further driving the market growth of this category. For instance, IR thermometers are used by firefighters to recognize areas during any fire and can be utilized to screen industrial equipment, for example, boilers, and high-temperature pipes, which help laborers in determining the surface temperature without direct contact. For instance, in October 2020, CHINO Corporation launched the IR-CZ radiation thermometer. It can be used for the measurement of middle-to-high temperature ranges.
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For a better understanding of the market, the report provides a detailed analysis of major regions and countries including North America (U.S., Canada, Rest of North America); Europe (Germany, U.K., France, Italy, Rest of Europe); Asia-Pacific (China, India, Japan, South Korea, Rest of Asia-Pacific) and Rest of World. In 2020, North America accounted for a significant market share. The rising growth of this factor in this region is mainly due to the presence of a large population, and the increasing requirement for portable infrared thermometer in some industries such as healthcare, food & beverage, and electronics to check the surface temperature of the product from the distance. Furthermore, the availability of key players, such as Cole Palmer, Braun Healthcare, and Emerson Electric, and many large food & beverage companies, such as the Coca-Cola Company and Tyson Foods, will boost the market growth in this region.
Some of the major companies operating in the infrared thermometer market include Fluke Corporation, FLIR Systems, Testo SE & Co. KGaA, Omron Corporation, Microlife Corporation, Hill-Rom Holdings Inc., OMEGA Engineering, PCE Instruments, Chino Corporation Pvt Ltd., Land Instruments International
Infrared thermometer Market Segmentation
Market Insight, By Product
- Fixed Infrared Thermometer
- Portable Infrared Thermometer
Market Insight, By Application
Market Insight, By Region
- North America Infrared Thermometer Market
- Rest of North America
- Europe Infrared Thermometer Market
- Rest of Europe
- Asia-Pacific Infrared Thermometer Market
- South Korea
- Rest of Asia-Pacific
- Rest of the World Infrared Thermometer Market
Top Company Profiles
- Fluke Corporation
- FLIR Systems
- Testo SE & Co. KGaA
- Omron Corporation
- Microlife Corporation
- Hill-Rom Holdings, Inc.
- OMEGA Engineering
- PCE Instruments
- Chino Corporation Pvt Ltd.
- Land Instruments International