The global pyrometer market size was USD 351.2 Million in 2021 and is expected to register a revenue CAGR of 7.29% during the forecast period, according to the latest analysis by Emergen Research. Growing advancements in pyrometer technologies and rising demand for optical pyrometers in various end-use industries are major factors projected to support market revenue growth between 2021 and 2030. Optical pyrometers are used to find visible spectrum heat radiation. Amount of visible light that hot items release will determine how hot they are when being measured, while surface of targeted object can be visually compared using optical pyrometers to a calibrated light source. When the surface temperature of target object and filament are same, thermal radiation intensity created by filament combines with surface of target object and disappears.
In addition, current flowing through filament is changed to a temperature level throughout this procedure. Moreover, increasing demand for portable non-contact pyrometers is also driving revenue growth of the market. For example, Cyclops L portable non-contact pyrometers offer accurate temperature measurements and are simple to use and manage. Pyrometer easily collects data at various locations and see online pyrometer values and is also suitable for long period of time because of its strong and lightweight build.
Some of the key participants in this Pyrometer Market industry include:
AMETEK Land, Fluke Corporation, Sensortherm GmbH, Advanced Energy Industries, Inc., PCE Deutschland GmbH, OMEGA Engineering Inc., DIAS Infrared GmbH, CI Systems, Optron GmbH, and Calex Electronics Limited.
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The Global Pyrometer Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects.
Some Key Highlights From the Report
The single-wavelength segment is expected to register a significant revenue CAGR during the forecast period. Single-wavelength, or one-color, pyrometers are used to give accurate readings when emissivity is consistent and known, optical pathway between pyrometer and target is clear, and reflected background influences are minimal.
The metal processing segment is expected to register a rapid revenue CAGR during the forecast period. Pyrometers are employed in many phases of metal processing processes, including forging, casting, extrusion, and other processes. Additionally, due to their reliable, accurate, and autonomous temperature measurement capabilities, pyrometer devices are more in demand from metal firms than other temperature measurement alternatives such as thermocouples.
The Asia Pacific market is expected to register a rapid growth rate during the forecast period. This is due to rapid industrialization and urbanization throughout countries in Asia Pacific as well as rising temperature, monitoring demand among numerous end-use industries.
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The report studies the impact of the COVID-19 pandemic on the Pyrometer Market .The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
Scope of the Global Pyrometer Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Pyrometer Market industry, which turns out to be beneficial for readers interested in this sector.
Global Pyrometer Market Market Research Objectives:
To provide deep understanding of the Pyrometer Market industry.
To highlight the critical data of each segment at extensive level.
To determine key success factors in different segments of Pyrometer Market industry.
To highlight the trends in specific sectors.
To give insights into key segments.
To carry economic analysis, build quantitative and financial models of global Pyrometer Market industry and individual segments.
To project future performance of the global Pyrometer Market industry and identify imperatives.
To identify risks of investing in particular segments and suggest appropriate strategies to mitigate the risks.
To study what held back the Pyrometer Market industry during pandemic and forces that are driving up the global Pyrometer Market post-pandemic.
Emergen Research has segmented the global pyrometer market based on type, technology, glass manufacturing type, wavelength, end-use, and region:
Type Outlook (Revenue, USD Million; 2019–2030)
Technology Outlook (Revenue, USD Million; 2019–2030)
Glass Manufacturing Type Outlook (Revenue, USD Million; 2019–2030)
Wavelength Outlook (Revenue, USD Million; 2019–2030)
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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What is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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