Market Overview:
The global infrared temperature measurement instruments market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for infrared temperature measurement instruments in electrical related industries, laboratories, and others. Additionally, the growing awareness about energy conservation is also propelling the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market to some extent during the forecast period. On basis of type, contact temperature measurement instruments held a major share of more than 60% in 2017 and is expected to maintain its dominance throughout the forecast period. This can be attributed to their wide usage across various applications owing to their accuracy and reliability.
Product Definition:
Infrared Temperature Measurement Instruments are devices that measure the temperature of objects by detecting the amount of infrared radiation they emit. They are important for measuring the temperature of objects in a wide range of settings, from factories to hospitals.
Contact Temperature Measurement Instruments:
contact temperature measurement instruments are used to measure the temperature of a surface that comes in contact with the heat source. It is one of the most basic and commonly used methods for measuring surface temperatures. The heat generated by an object can be detected and measured using infrared cameras, thermopiles, thermistors or other detectors.
Infrared (IR) sensors have been widely used in industrial applications such as process control.
Non-Contact Temperature Measurement Instruments:
Non-contact temperature measurement instruments are used to measure the infrared radiation from a surface or an object without making physical contact with it. It is widely used in industrial, scientific and medical fields. Infrared temperature measurement instruments can be segmented into two types on the basis of technology and application areas.
Application Insights:
The others segment includes applications such as automotive, aerospace and defense. The application of infrared temperature measurement instruments in these industries is increasing due to the growing demand for advanced products with enhanced performance capabilities. These devices are used to measure the surface temperature of various components including engine parts, turbine blades, and human body for safety purposes. Contact type IR thermometers are preferred over non-contact type IR thermometers for measuring temperatures in these industries since they provide more accuracy than conventional methods.
Infrared cameras have numerous applications across a wide range of end-use industries such as electrical & electronics, laboratories and food processing plants among others which can be broadly categorized into three groups namely thermal imaging cameras; laser scanners; and other vision based inspection equipment such as barcode readers or touch screen computers that utilize near infrared (NIR) light sources or sensors respectively.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for temperature measurement instruments from various end-use industries such as electrical, laboratories, others. Infrastructural development activities coupled with rapid industrialization in emerging countries such as China and India are also expected to drive regional growth over the next eight years.
The market in North America is anticipated to witness significant growth during the forecast period owing to increasing R&D investments by major companies on a domestic level along with their collaboration with universities for research purposes. In addition, growing number of patents filed by manufacturers pertainingto innovative technologies used within these devices will further boost regional demand duringthe forecast period from 2018 till 2030 (forecast).
Europe was valued at USD X million in 2017 and is projectedto grow at a CAGR of XX% between 2018.
Growth Factors:
- Increasing demand from the end-user industries for infrared temperature measurement instruments for accurate and precise temperature measurements.
- Growing awareness about the benefits of using infrared temperature measurement instruments over traditional methods among industrial users, which is expected to boost the demand for these instruments in the coming years.
- Technological advancements in infrared technology that have resulted in development of more sophisticated and user-friendly infrared temperature measurement instruments, which is likely to fuel market growth over the forecast period.
- Rising adoption of infrared thermography as a non-destructive testing method in various end-user industries owing to its ability to detect defects and abnormalities at an early stage, thereby reducing production costs and improving quality control standards across various sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Temperature Measurement Instruments Market Research Report
By Type
Contact Temperature Measurement Instruments, Non-Contact Temperature Measurement Instruments
By Application
Electrical Related Industries, Laboratories, Others
By Companies
OMEGA Engineering, PCE Instruments, Testo, Dwyer Instruments, FLUKE, Extech Instruments(FLIR)
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Temperature Measurement Instruments Market Report Segments:
The global Infrared Temperature Measurement Instruments market is segmented on the basis of:
Types
Contact Temperature Measurement Instruments, Non-Contact Temperature Measurement Instruments
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
Electrical Related Industries, Laboratories, 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:
- OMEGA Engineering
- PCE Instruments
- Testo
- Dwyer Instruments
- FLUKE
- Extech Instruments(FLIR)
Highlights of The Infrared Temperature Measurement Instruments 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:
- Contact Temperature Measurement Instruments
- Non-Contact Temperature Measurement Instruments
- By Application:
- Electrical Related Industries
- Laboratories
- 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 Infrared Temperature Measurement Instruments 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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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?
Infrared temperature measurement instruments are used to measure the temperature of an object in the infrared spectrum. This type of instrument is often used in industrial and scientific applications where accurate temperature measurements are necessary.
Some of the key players operating in the infrared temperature measurement instruments market are OMEGA Engineering, PCE Instruments, Testo, Dwyer Instruments, FLUKE, Extech Instruments(FLIR).
The infrared temperature measurement instruments market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infrared Temperature Measurement Instruments Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Infrared Temperature Measurement Instruments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Infrared Temperature Measurement Instruments Market - Supply Chain
4.5. Global Infrared Temperature Measurement Instruments Market Forecast
4.5.1. Infrared Temperature Measurement Instruments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Infrared Temperature Measurement Instruments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Infrared Temperature Measurement Instruments Market Absolute $ Opportunity
5. Global Infrared Temperature Measurement Instruments Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Type
5.3.1. Contact Temperature Measurement Instruments
5.3.2. Non-Contact Temperature Measurement Instruments
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Infrared Temperature Measurement Instruments Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
6.3.1. Electrical Related Industries
6.3.2. Laboratories
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Infrared Temperature Measurement Instruments Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Infrared Temperature Measurement Instruments Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Infrared Temperature Measurement Instruments Demand Share Forecast, 2019-2026
9. North America Infrared Temperature Measurement Instruments Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
9.4.1. Electrical Related Industries
9.4.2. Laboratories
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Type
9.7.1. Contact Temperature Measurement Instruments
9.7.2. Non-Contact Temperature Measurement Instruments
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Infrared Temperature Measurement Instruments Demand Share Forecast, 2019-2026
10. Latin America Infrared Temperature Measurement Instruments Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
10.4.1. Electrical Related Industries
10.4.2. Laboratories
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Type
10.7.1. Contact Temperature Measurement Instruments
10.7.2. Non-Contact Temperature Measurement Instruments
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Infrared Temperature Measurement Instruments Demand Share Forecast, 2019-2026
11. Europe Infrared Temperature Measurement Instruments Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
11.4.1. Electrical Related Industries
11.4.2. Laboratories
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Infrared Temperature Measurement Instrumnts Market Size and Volume Forecast by Type
11.7.1. Contact Temperature Measurement Instruments
11.7.2. Non-Contact Temperature Measurement Instruments
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Infrared Temperature Measurement Instruments Demand Share, 2019-2026
12. Asia Pacific Infrared Temperature Measurement Instruments Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
12.4.1. Electrical Related Industries
12.4.2. Laboratories
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Type
12.7.1. Contact Temperature Measurement Instruments
12.7.2. Non-Contact Temperature Measurement Instruments
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Infrared Temperature Measurement Instruments Demand Share, 2019-2026
13. Middle East & Africa Infrared Temperature Measurement Instruments Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Infrared Temperature Measurement Instruments Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Application
13.4.1. Electrical Related Industries
13.4.2. Laboratories
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Infrared Temperature Measurement Instruments Market Size and Volume Forecast by Type
13.7.1. Contact Temperature Measurement Instruments
13.7.2. Non-Contact Temperature Measurement Instruments
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Infrared Temperature Measurement Instruments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Infrared Temperature Measurement Instruments Market: Market Share Analysis
14.2. Infrared Temperature Measurement Instruments Distributors and Customers
14.3. Infrared Temperature Measurement Instruments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OMEGA Engineering
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. PCE Instruments
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Testo
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dwyer Instruments
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FLUKE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Extech Instruments(FLIR)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
