Pyrometer Market worth $464 million by 2025 - Exclusive Report by MarketsandMarkets™
The pyrometer market in APAC will be driven by the growing demand for metals such as steel for complex industrial applications.
CHICAGO, March 24, 2021 /PRNewswire/ -- According to the new market research report "Pyrometer Market with COVID-19 Impact Analysis, by Type (Fixed, Handheld), Technology (Optical, Infrared), Wavelength (Single Wavelength, Multiwavelength), End-user Industry (Ceramics, Glass, Metal Processing), and Geography - Global Forecast to 2025", published by MarketsandMarkets™, the Pyrometer Market is estimated to grow from USD 327 million in 2020 to reach USD 464 million by 2025; it is expected to grow at a CAGR of 7.3% from 2020 to 2025. A few key factors driving the growth of this market are increased importance of non-contact temperature measurements, emphasis of end-user industries on rugged temperature measurement devices, Industry 4.0 pushed demand for pyrometers, and surged popularity of application-specific pyrometers.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=138406666
Fixed type pyrometers expected to hold larger share of the market during forecast period.
Fixed type pyrometers expected to hold larger share of the market from 2020 to 2025. Fixed pyrometers are rugged devices that are largely used in difficult terrains or areas with harsh environmental conditions. They are generally equipped with IP65-rated (NEMA4) stainless steel housings. These pyrometers are used to carry out high-precision temperature measurements in various industrial applications.
Infrared pyrometers expected to hold larger share of the market during forecast period.
Infrared pyrometers expected to hold larger share of the market during forecast period. Infrared pyrometers have extremely fast data acquisition rates catering to applications of a wide range of industries, including glass temperature measurement, measurements on thin plastic films, and measurements through flames, among others. These types of pyrometers are available in diverse designs, from handheld to integrated process control systems.
Metal processing end-user industry expected to grow at the highest CAGR during forecast period.
Metal processing end-user industry expected to grow at the highest CAGR during forecast period. Pyrometers are used in different stages of the diverse process of metal processing industries such as forging, rolling, extrusion, and others. Also, metal companies are seeking more pyrometer devices than other temperature measurement solutions such as thermocouples owing to their robust, accurate, and standalone temperature measurement capabilities.
Browse in-depth TOC on "Pyrometer Market"
89 – Tables
52 – Figures
180 – Pages
Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=138406666
Pyrometer market in APAC to grow at highest CAGR during forecast period.
The pyrometer market in APAC will be driven by the growing demand for metals such as steel for complex industrial applications. China, Japan, South Korea, and India are expected to drive the pyrometer market in APAC. China remains the largest market for pyrometers and is anticipated to remain dominant throughout the forecast period. Investments for the expansion of glass manufacturing and government support for steel production are set to offer huge opportunities for the pyrometer market in APAC.
AMETEK Land (US), Fluke Corporation (US), CHINO Corporation (Japan), Advanced Energy Industries, Inc. (US), OMEGA Engineering (US), PCE Instruments (Germany), Optris GmbH (Germany), Sensortherm GmbH (Germany), CI Systems (US), DIAS Infrared GmbH (Germany), Williamson Corporation (US), and Micro-Epsilon (Germany) are few major players in pyrometer market.
Related Reports:
Temperature Sensor Market by Product Type (Thermocouples, RTDs, Thermistors, Temperature Sensor ICs, Bimetallic, Infrared, and Fiber Optic Temperature Sensors), Output, End-user Industry, and Region – Global Forecast to 2027
Infrared Thermometer Market by Type (Fixed, Portable), Component (Optical, Display & Interface Units), Application (Medical, Non-Medical), End-Use (Residential, Commercial, Industrial), and Geography - Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/thermocouples-high-end-optical-pyrometer-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com
Content Source : https://www.marketsandmarkets.com/PressReleases/thermocouples-high-end-optical-pyrometer.asp
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
