Market Overview:
The global thermopile market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for thermopiles in various applications, such as household appliances, automobiles, medical devices, and others. In addition, the growing awareness about energy-efficient products is also contributing to the growth of this market. The global thermopile market can be segmented on the basis of type into type E, type J, type K, type N, type T1/T2/T3 (combination), and others. On the basis of application, it can be divided into household appliances (air conditioners and refrigerators), automobiles (hybrid vehicles and electric vehicles), medical devices (blood pressure monitors and glucose meters), industrial equipment (sensors for measuring temperature or gas leakage) among others).
Product Definition:
A thermopile is a device used to measure the temperature of a object. It is made up of multiple thermocouples connected in series. The importance of a thermopile is that it can be used to measure very small changes in temperature, making it ideal for use in devices such as thermostats.
Type E:
Type E is the most dominant form of heat pipe and accounts for more than 50% of market share. It has a wide range of applications in electronics, automotive, aerospace & defense industries. Type E is also known as the negative type because its flow direction is opposite to that of normal steam pipes (from hot to cold).
It can be used at both low and high temperatures; however, it’s efficiency drops off sharply when operated at high temperature.
Type J:
Type J is the most common form of thermopile and it's used in almost all types of thermopiles. Type J is a two-dimensional crystal structure made up of many small needles or prisms, which are heated at one end and can be cooled down at the other end. The shape allows maximum surface area for heat transfer.
Application Insights:
The household appliances segment dominated the global thermopile market in 2017 and is expected to witness significant growth over the forecast period. The increasing use of thermo-piles in residential construction for various applications such as water heating, space heating, and domestic hot water generation is projected to drive product demand. In addition, rising adoption of energy-efficient products by households across the globe is likely to have a positive impact on industry growth.
Thermopile finds application in automobile components such as headlamps, tailgates & backlights along with other lighting systems used at night time or when it rains heavily. Increasing production of vehicles globally coupled with growing per capita income has led to an increase in automotive sales which has further increased industry penetration across the globe since 2015.
Regional Analysis:
Asia Pacific dominated the global thermopile market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2016 owing to high product demand from various end-use industries, such as household appliances, automobile, and medical. China led the regional market with a revenue share of around 45% in 2016 on account of rapid industrialization coupled with increasing energy consumption.
The European region is anticipated to witness significant growth over the forecast period owing to rising R&D activities by major players for developing advanced products that can be used across several applications including domestic hot water systems and refrigeration units. Moreover, growing environmental concerns have resulted in increased focus on energy conservation measures which will further drive product demand over the next eight years.
Growth Factors:
- Increasing demand for energy efficient products: The global thermopile market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for energy efficient products, especially in developed countries.
- Rising awareness about safety and security: There has been a rise in awareness about safety and security among consumers in recent years, which is driving the demand for thermopile sensors. These sensors are used in various applications such as fire alarms, intruder alarms, and smoke detectors to detect heat radiation and provide early warning signals.
- Growing popularity of smart homes: The popularity of smart homes is another key growth driver for the global thermopile market. Thermopile sensors are being increasingly used in home automation applications to control lights, appliances, HVAC systems, and other devices based on occupancy or temperature readings detected by these sensors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermopile Market Research Report
By Type
Type E, Type J, Type K, Type N, Type T, Type B, Type S, Type R, Type W, Others
By Application
Household Appliances, Automobile, Medical, Other Applications
By Companies
PYROMATION, ARi Industries, Inc., HITECH TRANSDUCERS & DEVICES Pvt. Ltd, GeoCorp inc, Thermo Kinetics, Cleveland Electric Laboratories, JMS Southeast, Durham Instruments
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Thermopile Market Report Segments:
The global Thermopile market is segmented on the basis of:
Types
Type E, Type J, Type K, Type N, Type T, Type B, Type S, Type R, Type W, Others
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
Household Appliances, Automobile, Medical, Other Applications
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:
- PYROMATION
- ARi Industries, Inc.
- HITECH TRANSDUCERS & DEVICES Pvt. Ltd
- GeoCorp inc
- Thermo Kinetics
- Cleveland Electric Laboratories
- JMS Southeast
- Durham Instruments
Highlights of The Thermopile 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:
- Type E
- Type J
- Type K
- Type N
- Type T
- Type B
- Type S
- Type R
- Type W
- Others
- By Application:
- Household Appliances
- Automobile
- Medical
- Other Applications
- 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 Thermopile 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Thermopile is a tool used to measure the heat of an object.
Some of the key players operating in the thermopile market are PYROMATION, ARi Industries, Inc., HITECH TRANSDUCERS & DEVICES Pvt. Ltd, GeoCorp inc, Thermo Kinetics, Cleveland Electric Laboratories, JMS Southeast, Durham Instruments.
The thermopile market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermopile 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. Thermopile Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermopile Market - Supply Chain
4.5. Global Thermopile Market Forecast
4.5.1. Thermopile Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermopile Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermopile Market Absolute $ Opportunity
5. Global Thermopile 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. Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
5.3.10. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermopile 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. Thermopile Market Size and Volume Forecast by Application
6.3.1. Household Appliances
6.3.2. Automobile
6.3.3. Medical
6.3.4. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermopile 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. Thermopile 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 Thermopile 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. Thermopile 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 Thermopile Demand Share Forecast, 2019-2026
9. North America Thermopile 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 Thermopile 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 Thermopile Market Size and Volume Forecast by Application
9.4.1. Household Appliances
9.4.2. Automobile
9.4.3. Medical
9.4.4. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
9.7.10. Others
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 Thermopile Demand Share Forecast, 2019-2026
10. Latin America Thermopile 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 Thermopile 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 Thermopile Market Size and Volume Forecast by Application
10.4.1. Household Appliances
10.4.2. Automobile
10.4.3. Medical
10.4.4. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
10.7.10. Others
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 Thermopile Demand Share Forecast, 2019-2026
11. Europe Thermopile 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 Thermopile 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 Thermopile Market Size and Volume Forecast by Application
11.4.1. Household Appliances
11.4.2. Automobile
11.4.3. Medical
11.4.4. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
11.7.10. Others
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 ProductType
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermopile Demand Share, 2019-2026
12. Asia Pacific Thermopile 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 Thermopile 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 Thermopile Market Size and Volume Forecast by Application
12.4.1. Household Appliances
12.4.2. Automobile
12.4.3. Medical
12.4.4. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
12.7.10. Others
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 Thermopile Demand Share, 2019-2026
13. Middle East & Africa Thermopile 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 Thermopile 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 Thermopile Market Size and Volume Forecast by Application
13.4.1. Household Appliances
13.4.2. Automobile
13.4.3. Medical
13.4.4. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermopile Market Size and Volume Forecast by TypeEJKNTBSRW
13.7.10. Others
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 Thermopile Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermopile Market: Market Share Analysis
14.2. Thermopile Distributors and Customers
14.3. Thermopile Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. PYROMATION
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ARi Industries, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. HITECH TRANSDUCERS & DEVICES Pvt. Ltd
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GeoCorp inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermo Kinetics
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cleveland Electric Laboratories
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JMS Southeast
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Durham Instruments
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
