Global Pyrometer Market– Industry Trends and Forecast to 2025

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Global Pyrometer Market– Industry Trends and Forecast to 2025

Market Analysis: Global Pyrometer Market

The Global Pyrometer Market is expected to reach USD 845.6 Million by 2025, from USD 484.8 Million in 2017, growing at a CAGR of 7.20% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Pyrometer Market

 A pyrometer is remote-sensing thermometer which is used to measure the temperature of a surface without any contact. It is also used  to measure body temperature with the help of electromagnetic radiation. There are various advantages of pyrometer optics such as used for measuring temperature without direct contact with object ,measure temperature of all wavelength, provide good accuracy as compared to radiation pyrometer and the measurement is not depend on distance and object. Infrared thermometers are used for measuring the temperature of cooler objects by detecting their infrared radiation flux.

According to article published by Elsevier B.V, in 2017 , multispectral pyrometer was developed based on fibre optics technology for the measurement of solid rocket motor plume which waseasy to handle and operate and the measurement temperature was up to 900 °C

Companies such as Advanced Energy Industries, Inc. (U.S.) provide OR400M optical pyrometers products which have the wavelength which  ranges  between 3.3 µm – 5.2 µm and the frequency range is up to 250 Hz. It can also measure in single-channel temperature which has capability  for thin-film solar, glass and advanced semiconductor processes. Thus, the above factors will affect the growth of the pyrometer market.

Major Market Drivers and Restraints:

Increasing demand for robust temperature measuring devices in critical industries
Increasing automation in the industrial sector
Increased in technological advancement
Increase in demand for advance temperature sensing
Varying emissivity of the object or surface

Market Segmentation: Global Pyrometer Market

The global pyrometer market is segmented based on type, end-use vertical and geographical segments.
Based on type, the global pyrometer market is segmented in fixed type and handheld type
Based on technology, the global pyrometer market is segmented in optical, infrared
On the basis of end-use vertical, the global pyrometer market segmented into glass industry, ceramic industry, metal processing industry
Based on geography, the global pyrometer market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Competitive Analysis: Global Pyrometer Market

The global pyrometer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pyrometer unit market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Pyrometer Market

Some of the major players operating in the global pyrometer unit market Land Instruments International (UK), Advanced Energy Industries (US), Accurate Sensors Technologies (Israel), Proxitron (Germany), PCE Instruments (Germany),  LumaSense Technologies (US), Optris (Germany), AOIP (France), Optron (Germany), BARTEC (Germany), CHINO CORPORATION (Japan) Calex Electronics (UK), Micro-Epsilon (Germany), B+B Thermo-Technik (Germany), OPTEX CO., LTD (Japan), OMEGA Engineering (UK), Fluke Process Instruments (US). among others.

Research Methodology: Global Pyrometer Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Pyrometer Market– Industry Trends and Forecast to 2025