Non-Contact Temperature Measurement System Market to Reach USD 1350.2 Million By 2027
The global Non-Contact Temperature Measurement System Market is forecast to reach USD 1350.2 million by 2027, according to a new report by Reports and Data. The introduction of software such as IoT and advances in electronics helps to achieve higher accuracy and make instruments more accurate. Recently, the non-contact temperature measurement system industry has seen two big trends arise. The costliest elements of an infrared thermometer are the lenses and detectors. New lens materials, and mass production of infra-red detectors have been carried out for these two essential components. Increased demand for industrial infra-red thermometers has led to higher output efficiency and lower prices for infra-red thermometer manufacturers. Due to growing user requirements and competition among manufacturers, these instruments are constantly being produced, and electronic design is an area that has witnessed the most recent development.
Moreover, in industrial applications such as quality control, maintenance, and others, infra-red thermometers are also used. Infrared non-contact temperature sensors are highly preferred in the manufacturing sector. The technology has become more advanced, however to expand the scope of the applications that can be handled. Market players are likely to deploy smart technologies that allow the thermometer to be connected to an external mobile application through Bluetooth. With selective filtering capabilities, these detectors can be more accurately suited to specific applications, improving measurement accuracy. Development may also be attributed to advances in technology and infrastructure, urbanization, economic growth and higher standards of living in emerging economies such as India, China and other countries.
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Because of the spread of the pandemic COVID-19 illness, there is a greater need for non-contact body temperature monitoring systems. The increasing availability of advanced product offerings will propel consumer demand during the forecast period. This will lead to improved revenue and high performance of the manufacturer, driving demand growth over the forecast period for the non-contact temperature measurement system.
It is anticipated that the North American non-contact temperature measurement system market will dominate the global landscape. High adoption rates of new technologies are the major driving factors for this market's growth. In addition, several countries have taken numerous paths to industrialization, such as new technologies, to demonstrate the extent of fever.
The COVID-19 Impact on Non-Contact Temperature Measurement System Market:
The global outbreak of COVID-19 is expected to have a positive impact on growth in demand for non-contact temperature measurement system products during the forecast period. High fever is one of the very first and most common symptoms of COVID-19 and non-contact temperature measuring instruments provide valuable details on the system's heating condition. Therefore, the demand for different types of temperature instruments is expected to increase in the near future with the increasing number of positive COVID-19 events. A coronavirus-induced rush causes suppliers of these devices to beef up supply chains and re-examine their product lines to meet the increasing demand from end-users. The first wave of urgency came partially from factories and health-care providers. Continuous product innovation in this industry is projected to have a positive impact on market growth during the forecast period.
Moreover, producers from all over the world market products with upgraded features in order to retain existing customers and attract new customers. For instance, the digital display on the thermometer is large and comfortable to read and more convenient. The installation of such resources in commercial institutions will have a vital role to play in order to contain the pandemic. In addition, to ensure the safety of the patient and the healthcare practitioner, different guidelines were set by government authorities.
Key participants in non-contact temperature measurement system market include:
- Testo SE & Co. KGaA
- Micro Epsilon
- CHINO Corporation
- Fluke Corporation
- OMEGA Engineering Inc.
- AMETEK Land
- DIAS Infratech GmbH
- PCE Instruments
- Dwyer Instruments
- TE Connectivity
Non-Contact Temperature Measurement System Market: Segmentation
For the purpose of this report, Reports and Data has segmented into the global non-contact temperature measurement system market on the basis of component, product, instrumentation type, application, end use, and region:
Component Outlook (Revenue, USD Million; 2017-2027)
Product Outlook (Revenue, USD Million; 2017-2027)
- Fixed mount
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Instrumentation type Outlook (Revenue, USD Million; 2017-2027)
- Broadband Radiation Thermometer
- Narrow band Radiation Thermometer
- Ratio Radiation Thermometer
- Fiber Optic Radiation Thermometer
Application Outlook (Revenue, USD Million; 2017-2027)
- Body Temperature Measurement
- Object/Asset Temperature Measurement
- Room Temperature Measurement
- Liquid Temperature Measurement
End Use Outlook (Revenue, USD Million; 2017-2027)
- Metals & Mining
- Building & Construction
- Energy & Power
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- Rest of the Europe
- Asia Pacific
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Key Features of the Non-Contact Temperature Measurement System Market Report:
- The report offers a comprehensive analysis of the changing competitive dynamics
- Provides a futuristic outlook on the key market drivers and restraining factors
- A comprehensive 8-year forecast of the market and its expected growth rate and pattern
- In-depth analysis of the key product segments and application spectrum
- Provides strategic recommendations to the established companies and new entrants to provide a competitive advantage over the other companies
- Comprehensive analysis of the key regions of the industry and provides a SWOT analysis and Porter’s Five Forces analysis to impart a deeper understanding of the market
- Helps in formulating strategic business decisions and investments plans
Highlights of TOC of the Non-Contact Temperature Measurement System Market Report:
Chapter 1: Methodology & Scope
Chapter 2: Summary of the Non-Contact Temperature Measurement System Market
Chapter 3: Insights into Non-Contact Temperature Measurement System Industry
Chapter 4: Regional Analysis
Chapter 5: Company profiles
Chapter 6: Recent Developments and Expansion Plans
Chapter 7: SWOT Analysis
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Development Trend Analysis
Chapter 10: Market Concentration Analysis
and many more.
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