Global Pyrometer Market

Report ID : 1406 | Published : 2022-10-14 | Pages: | Format: PDF/EXCEL

The market size of the Global Pyrometer Market in the year 2021 is valued at 341.80 million and is predicted to reach 614.93 million by the year 2030 at an 6.98% CAGR during the forecast period.

Pyrometers are ultraviolet or radioactivity temperatures that are used to gauge the kind of heat emitted from a substance. The main factor driving the pyrometer market is the requirement for devices to monitor high-temperature sensors in heavy industry verticals. The global market for pyrometers is significantly driven by the rising need for automated, user-friendly, and portable temperature sensing technologies. Surface temperature sensors are being used in large industries and industrial facilities, which is accelerating the industry's growth rate. For workers' protection and employee safety, the mining, metal, and mineral processing sectors need sophisticated pyrometers to identify hot surfaces and high temperatures. The main issue is the expected reduction in product commercialization and lack of awareness of items in emerging countries.

Market Segmentation:

The pyrometer market is segmented based on type, technology, wavelength, and end-user industry. Based on type, the pyrometer market is segmented into fixed and handheld. Based on technology, the market is segmented into infrared and optical. Based on wavelength, the pyrometer market is segmented into single wavelength and multiwavelength. Based on end-user industry the market is segmented into glass, ceramics, and metal processing. Based on glass manufacturing, market is segmented into tin bath, melt tank, forehearth, lehr and others.

 

Based on end users, the metal processing segment is accounted as a major contributor to the pyrometer market.

The metal processing category is expected to hold a major share of the global pyrometer market. Pyrometers can be used at several phases of the metal processing process, including forging, going to roll, extruding, and other methods. Additionally, due to their reliable, precise, and independent temperature measuring capabilities, metal firms look for pyrometer equipment more often than other temperature measurement options like thermocouples.

The multiwavelength segment witnessed growth at a rapid rate

The multiwavelength segment is projected to grow at a rapid rate in the global pyrometer market. The multiwavelength market is anticipated to grow quickly. These give valuable thermometers and are appropriate for high-temperature measurements on materials with less heat radiation. Additionally, they can simultaneously measure temperatures at one, two, or several wavelengths. Numerous metal processing facilities, such as those that quench and galvanize steel and quench and anneal stainless steels, use millimeter-wave pyrometers.

In the region, the Asia Pacific pyrometer market holds a significant revenue share.

The Asia Pacific pyrometer market is expected to register the largest share in the market soon. Advancements are strengthening the demands of R&D for innovation in temperature sensors in industrial infrastructure. New HVAC applications have become possible due to price reductions and technological breakthroughs. In addition, North America is projected to grow at a rapid rate in the global pyrometer market due to the growing awareness of temperature control capabilities in manufacturing, handling, and storage across healthcare.

Competitive Landscape

Some of the major key players in the Pyrometer market are AMETEK Land, Fluke Corporation, Stenotherm Gumby, Advanced Energy Industries, Inc., PCE Deutschland GmbH, OMEGA Engineering Inc., DIAS Infrared GmbH, CI Systems, Opteron GmbH, and Calex Electronics Limited.

Chapter 1. Methodology and Scope

1.1. Research Methodology

1.2. Research Scope & Assumptions

Chapter 2. Executive Summary

Chapter 3. Global Pyrometer Market Snapshot

Chapter 4. Global Pyrometer Market Variables, Trends & Scope

4.1. Market Segmentation & Scope

4.2. Drivers

4.3. Challenges

4.4. Trends

4.5. Investment and Funding Analysis

4.6. Industry Analysis – Porter’s Five Forces Analysis

4.7. Competitive Landscape & Market Share Analysis

4.8. Impact of Covid-19 Analysis

Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis

5.1. by Product Type & Market Share, 2019 & 2030

5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Product Type:

5.2.1. Handheld

5.2.2. Fixed

Chapter 6. Market Segmentation 2: by Technology Estimates & Trend Analysis

6.1. by Technology & Market Share, 2019 & 2030

6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Technology:

6.2.1. Optical

6.2.2. Infrared/ Radiation

Chapter 7. Market Segmentation 3: by Glass Manufacturing Type Estimates & Trend Analysis

7.1. by Glass Manufacturing Type & Market Share, 2019 & 2030

7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Glass Manufacturing Type:

7.2.1. Tin Bath

7.2.2. Melt Tank

7.2.3. Forehearth

7.2.4. Lehr

7.2.5. Others

Chapter 8. Market Segmentation 4: by Wavelength Estimates & Trend Analysis

8.1. by Wavelength & Market Share, 2019 & 2030

8.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by Wavelength:

8.2.1. Single Wavelength

8.2.2. Multi-wavelength

Chapter 9. Market Segmentation 5: by End-use Estimates & Trend Analysis

9.1. by End-use & Market Share, 2019 & 2030

9.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2019 to 2030 for the following by End-use:

9.2.1. Metal Processing

9.2.2. Ceramics

9.2.3. Glass

9.2.4. Gas Turbine Engines

9.2.5. Other

Chapter 10. Pyrometer Market Segmentation 6: Regional Estimates & Trend Analysis

10.1. North America

10.1.1. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

10.1.2. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

10.1.3. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Glass Manufacturing Type, 2022-2030

10.1.4. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Wavelength, 2022-2030

10.1.5. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2022-2030

10.1.6. North America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.2. Europe

10.2.1. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

10.2.2. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

10.2.3. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Glass Manufacturing Type, 2022-2030

10.2.4. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Wavelength, 2022-2030

10.2.5. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2022-2030

10.2.6. Europe Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.3. Asia Pacific

10.3.1. Asia Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

10.3.2. Asia Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

10.3.3. Asia-Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Glass Manufacturing Type, 2022-2030

10.3.4. Asia Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Wavelength, 2022-2030

10.3.5. Asia Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2022-2030

10.3.6. Asia Pacific Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.4. Latin America

10.4.1. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

10.4.2. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

10.4.3. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Glass Manufacturing Type, 2022-2030

10.4.4. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Wavelength, 2022-2030

10.4.5. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2022-2030

10.4.6. Latin America Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

10.5. Middle East & Africa

10.5.1. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2022-2030

10.5.2. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Technology, 2022-2030

10.5.3. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Glass Manufacturing Type, 2022-2030

10.5.4. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by Wavelength, 2022-2030

10.5.5. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by End-use, 2022-2030

10.5.6. Middle East & Africa Pyrometer Market Revenue (US$ Million) Estimates and Forecasts by country, 2022-2030

Chapter 11. Competitive Landscape

11.1. Major Mergers and Acquisitions/Strategic Alliances

11.2. Company Profiles

11.2.1. AMETEK Land

11.2.2. Fluke Corporation

11.2.3. Stenotherm Gumby

11.2.4. Advanced Energy Industries, Inc.,

11.2.5. PCE Deutschland GmbH

11.2.6. OMEGA Engineering Inc.

11.2.7. DIAS Infrared GmbH

11.2.8. CI Systems

11.2.9. Opteron GmbH

11.2.10. Calex Electronics Limited

11.2.11. Other Prominent Players

By Type-

  • Handheld
  • Fixed

By Technology

  • Optical
  • Infrared/ Radiation

By Glass Manufacturing Type

  • Tin Bath
  • Melt Tank
  • Forehearth
  • Lehr
  • Others

By Wavelength

  • Single Wavelength
  • Multi-wavelength

By End-use

  • Metal Processing
  • Ceramics
  • Glass
  • Gas Turbine Engines
  • Other

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of Middle East and Africa

InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.

Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.

Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.

Secondary research

The secondary research sources that are typically mentioned to include, but are not limited to:

  • Company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings.
  • External and internal proprietary databases, regulatory databases, and relevant patent analysis
  • Statistical databases, National government documents, and market reports
  • Press releases, news articles, and webcasts specific to the companies operating in the market

The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista

Primary Research:

Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies

The contributors who typically take part in such a course include, but are not limited to: 

  • Industry participants: CEOs, CBO, CMO, VPs, marketing/ type managers, corporate strategy managers, and national sales managers, technical personnel, purchasing managers, resellers, and distributors.
  • Outside experts: Valuation experts, Investment bankers, research analysts specializing in specific markets
  • Key opinion leaders (KOLs) specializing in unique areas corresponding to various industry verticals
  • End-users: Vary mainly depending upon the market

Data Modeling and Analysis:

In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.

The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.

To know more about the research methodology used for this study, kindly contact us/click here.

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