Market Overview:
The global hot metal sensor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for advanced sensors in various industrial applications. The scanning hot metal sensor segment is expected to hold the largest share of the global hot metal sensor market by 2030, owing to its high accuracy and reliability. The Asia Pacific region is expected to be the fastest-growing region during the forecast period, owing to rising industrialization and growing demand for advanced sensors in various end-use industries such as wire processing, crude steel production, heat treatment furnace, forging and others.
Product Definition:
A hot metal sensor is a type of temperature sensor that is specifically designed to measure the temperature of objects that are made from metals. This type of sensor can be used for a variety of purposes, including monitoring the temperature of molten metals or determining the operating temperatures of industrial equipment.
Scanning Hot Metal Sensor:
The scanning hot metal sensor is a device used to measure the temperature of the surface it's attached to. It works by making contact with the surface and measuring its temperature. The most commonly used material for this type of sensor is aluminum, but they are also made from steel, copper alloys and other metals. These sensors are widely used in industrial applications such as process control systems or automation equipment where high accuracy and reliability are required along with a long-term measurement is needed.
Static Hot Metal Sensor:
A static hot metal sensor is a device used to measure the temperature of a solid body. It works on the principle of conduction and convection, which makes it an ideal choice for use in applications that require high accuracy and reliability. The most common application areas include automotive, power generation & distribution, oil & gas exploration services, aerospace & defense industries among others.
The global hot metal sensors market size was valued at USD 1.6 billion in 2016.
Application Insights:
The application segment has been further categorized into wire processing, hot strip/plate mill, crude steel production, heat treatment furnace, and others. In 2017, the wire processing segment accounted for the largest market share in terms of revenue as well as volume. The growth can be attributed to increasing demand for high-quality wires from various end-use industries such as automotive and electronics.
Hot metal sensors are used in several applications including pipe production (finishing), heat treatment furnace (for monitoring process temperatures), crude steel production (monitoring pigs & rails temperature & other process parameters), Forging (monitoring pigs & rails temperature) and others such as automobile manufacturing or sheet metal working shops where it is not feasible to install CNC machines or automated systems due to low labor cost or because of space constraints. These types of sensors provide real-time data on a computer screen which is important while making critical decisions during operation of a machine tool.
Regional Analysis:
Asia Pacific dominated the global hot metal sensor market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China, India, and Japan. These countries are experiencing strong economic growth owing to rapid industrialization and increasing demand for consumer electronics products.
The Asia Pacific has a large number of steel producers who use various techniques including electric arc furnace (EAF), basic oxygen furnaces (BOF), continuous casting process (CP) etc., for producing crude steel according to their requirements. This scenario is also similar with respect hot metal sensors; they are using scanning Hot Metal Sensors or static Hot Metal Sensors based on their requirement at each stage of production i.e., rolling mill, heat treatment & cold-rolling process etc., along with different applications like wire processing machine, plate mill/cold-rolled plate producer etc.
Growth Factors:
- Increasing demand from the automotive industry for advanced safety features in vehicles
- Growing demand for metal sensors in smart devices and wearables
- Rising popularity of autonomous cars and drones that require sophisticated metal sensors for navigation
- Proliferation of Industry 4.0 initiatives that call for deployment of advanced sensor technologies, including metal sensors, across manufacturing plants
- Increasing investments in research and development to develop new applications for metal sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Metal Sensor Market Research Report
By Type
Scanning Hot Metal Sensor, Static Hot Metal Sensor, Fiber Optic Hot Metal Sensor
By Application
Wire Processing, Hot Strip / Plate Mill, Pipe Production, Crude Steel Production, Heat Treatment Furnace, Forging, Others
By Companies
Proxitron, DELTA, Hokuyo Automatic, Logika Technologies, Moduloc, TAKEX, Danieli, Sensortherm, Weber Sensors, IMS, WADECO, Williamson, Shanghai 3E-Electrical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Hot Metal Sensor Market Report Segments:
The global Hot Metal Sensor market is segmented on the basis of:
Types
Scanning Hot Metal Sensor, Static Hot Metal Sensor, Fiber Optic Hot Metal Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Wire Processing, Hot Strip / Plate Mill, Pipe Production, Crude Steel Production, Heat Treatment Furnace, Forging, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Proxitron
- DELTA
- Hokuyo Automatic
- Logika Technologies
- Moduloc
- TAKEX
- Danieli
- Sensortherm
- Weber Sensors
- IMS
- WADECO
- Williamson
- Shanghai 3E-Electrical
Highlights of The Hot Metal Sensor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Scanning Hot Metal Sensor
- Static Hot Metal Sensor
- Fiber Optic Hot Metal Sensor
- By Application:
- Wire Processing
- Hot Strip / Plate Mill
- Pipe Production
- Crude Steel Production
- Heat Treatment Furnace
- Forging
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Metal Sensor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hot metal sensor is a type of thermal imaging camera that uses infrared radiation to detect the heat signature of objects. This technology is often used in security applications, such as detecting unauthorized entry into a building or vehicle.
Some of the key players operating in the hot metal sensor market are Proxitron, DELTA, Hokuyo Automatic, Logika Technologies, Moduloc, TAKEX, Danieli, Sensortherm, Weber Sensors, IMS, WADECO, Williamson, Shanghai 3E-Electrical.
The hot metal sensor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Metal Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Metal Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Metal Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Metal Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Metal Sensor Market Size & Forecast, 2018-2028
4.5.1 Hot Metal Sensor Market Size and Y-o-Y Growth
4.5.2 Hot Metal Sensor Market Absolute $ Opportunity
Chapter 5 Global Hot Metal Sensor Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hot Metal Sensor Market Size Forecast by Type
5.2.1 Scanning Hot Metal Sensor
5.2.2 Static Hot Metal Sensor
5.2.3 Fiber Optic Hot Metal Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hot Metal Sensor Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hot Metal Sensor Market Size Forecast by Applications
6.2.1 Wire Processing
6.2.2 Hot Strip / Plate Mill
6.2.3 Pipe Production
6.2.4 Crude Steel Production
6.2.5 Heat Treatment Furnace
6.2.6 Forging
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Metal Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Metal Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hot Metal Sensor Analysis and Forecast
9.1 Introduction
9.2 North America Hot Metal Sensor Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hot Metal Sensor Market Size Forecast by Type
9.6.1 Scanning Hot Metal Sensor
9.6.2 Static Hot Metal Sensor
9.6.3 Fiber Optic Hot Metal Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hot Metal Sensor Market Size Forecast by Applications
9.10.1 Wire Processing
9.10.2 Hot Strip / Plate Mill
9.10.3 Pipe Production
9.10.4 Crude Steel Production
9.10.5 Heat Treatment Furnace
9.10.6 Forging
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hot Metal Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe Hot Metal Sensor Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hot Metal Sensor Market Size Forecast by Type
10.6.1 Scanning Hot Metal Sensor
10.6.2 Static Hot Metal Sensor
10.6.3 Fiber Optic Hot Metal Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hot Metal Sensor Market Size Forecast by Applications
10.10.1 Wire Processing
10.10.2 Hot Strip / Plate Mill
10.10.3 Pipe Production
10.10.4 Crude Steel Production
10.10.5 Heat Treatment Furnace
10.10.6 Forging
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hot Metal Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hot Metal Sensor Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hot Metal Sensor Market Size Forecast by Type
11.6.1 Scanning Hot Metal Sensor
11.6.2 Static Hot Metal Sensor
11.6.3 Fiber Optic Hot Metal Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hot Metal Sensor Market Size Forecast by Applications
11.10.1 Wire Processing
11.10.2 Hot Strip / Plate Mill
11.10.3 Pipe Production
11.10.4 Crude Steel Production
11.10.5 Heat Treatment Furnace
11.10.6 Forging
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hot Metal Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America Hot Metal Sensor Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hot Metal Sensor Market Size Forecast by Type
12.6.1 Scanning Hot Metal Sensor
12.6.2 Static Hot Metal Sensor
12.6.3 Fiber Optic Hot Metal Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hot Metal Sensor Market Size Forecast by Applications
12.10.1 Wire Processing
12.10.2 Hot Strip / Plate Mill
12.10.3 Pipe Production
12.10.4 Crude Steel Production
12.10.5 Heat Treatment Furnace
12.10.6 Forging
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hot Metal Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hot Metal Sensor Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hot Metal Sensor Market Size Forecast by Type
13.6.1 Scanning Hot Metal Sensor
13.6.2 Static Hot Metal Sensor
13.6.3 Fiber Optic Hot Metal Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hot Metal Sensor Market Size Forecast by Applications
13.10.1 Wire Processing
13.10.2 Hot Strip / Plate Mill
13.10.3 Pipe Production
13.10.4 Crude Steel Production
13.10.5 Heat Treatment Furnace
13.10.6 Forging
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Metal Sensor Market: Competitive Dashboard
14.2 Global Hot Metal Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Proxitron
14.3.2 DELTA
14.3.3 Hokuyo Automatic
14.3.4 Logika Technologies
14.3.5 Moduloc
14.3.6 TAKEX
14.3.7 Danieli
14.3.8 Sensortherm
14.3.9 Weber Sensors
14.3.10 IMS
14.3.11 WADECO
14.3.12 Williamson
14.3.13 Shanghai 3E-Electrical
