Pyrometer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

  • Single User License $3500

Pyrometer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2028

Status : May, 2020 | Semiconductor & Electronics | PPT format

Report Digest

Pyrometer Market – Introduction

Manufacturing processes and industries are rapidly undergoing automation across the globe. Today, automation sensing technology has attained a high level of accuracy.  A pyrometer is an equipment or a device widely adopted to measure high levels of temperature. They belong to a class of thermometers which are designed to measure the heat and type of heat emitted from an object. Modern pyrometers are also referred to as infrared pyrometers that can measure the energy radiated from a distant object without needing for direct contact between the object and the device. Pyrometers can also measure the temperature of cooler objects. The pyrometer market is mainly driven by the increasing demand for innovative non-contact temperature sensing devices. Extensive applications of pyrometers in heavy industrial processes are triggering growth in pyrometer market.

Pyrometer Market – Notable Developments

  • In April 2019, AMETEK Land revealed its enhanced SPOT infrared pyrometer software packages, SPOTPro and SPOTViewer. The newly launched pyrometer packages are aimed at giving users a better understand of the performance of various processes and aid them in realizing industry 4.0 connectivity.
  • In December 2018, Extech announced launch of a ruggedized, dual-laser infrared (IR) thermometer named IR320, which is designed to perform rough and tough jobs indoors as well as outdoors. Extech’s new full-size infrared thermometer is also called a spot IR pyrometer and can withstand rough duty usage.
  • In November 2018, Advanced Energy Industries announced Rockwell Automation AOP for its new fieldbus-enabled pyrometer which is designed for industrial applications. Advanced Energy Industries showcased plug-and-play Onyx-M Pyrometer Series at the Automation Fair 2018.

Ametek Land, Inc.

Established in the UK in 1947, Land Instruments International Limited was acquired by the Process & Analytical Instruments Division of AMETEK, Inc in 2006. Today, AMETEK Land is a leading supplier of product application solutions, and operates in diverse industries, including minerals processing, glass making, steelmaking, hydrocarbon processing & thermal power generation.

Extech Instruments Corporation

Founded in 1971, and based in Nashua, New Hamshire, the company manufactures a wide range of measurement instruments. The product offering of this company includes clamp, multi, light, moisture, pressure, air flow, humidity, and sound meters. The company also provides testers, power analyzers, stroboscopes, stopwatches, and repairing & technical support services.

Advanced Energy Industries

Established in 1981 & based in in Fort Collins, Colorado, the company through its subsidiaries manufactures, designs, sells, and supports measurement, power conversion, and control solutions that convert electrical power into various usable forms.

LumaSense Technologies

LumaSense Technologies, a subsidiary of Advanced Energy company was established in 2005. The company provides innovative temperature & gas sensing devices and solutions for various segments such as global energy, advanced technologies, & industrial materials. Markets.

Omega Engineering Ltd

Established in 1962, Omega Engineering is an American instrumentation company with its primary factory in Bridgeport, New Jersey. The company designs and manufactures measuring instruments. It provides products for measurement & control of pressure, temperature, humidity, force, strain, level, force, flow, and conductivity.

Pyrometer Market Dynamics  

Impressive Temperature Measuring Features of Pyrometer Optics Fueling their Adoption

Pyrometer optics are increasingly gaining traction from several industries, as they can measure temperature without direct contact with the target object, can measure temperature of diverse wavelengths, and provide accurate results as compared to radiation pyrometer. Furthermore, as the measurement done by pyrometer doesn’t depend on object and distance, they promise high flexibility in different cases. These factors are fueling growth in pyrometer market.

Increasing Industrial Automation & Demand for Non-Contact Temperature Measuring Devices Driving Pyrometer Sales

Burgeoning automation in the industrial sector coupled with the rising demand for robust temperature–measuring equipment in diverse industries, such as ceramics, glass, and forging, is driving growth in the pyrometer market. With these industries increasingly needing highly efficient, precision-driven devices that can operate in harsh environments, the demand for pyrometer is growing significantly. Furthermore, the rapid automation penetration in diverse processes and systems in the manufacturing sector is driving the adoption of accurate non-contact temperature measurement devices, such as pyrometer.

Wide Applications in Metal Processing Industry Augmenting Growth in Pyrometer Market

Pyrometers are witnessing growing adoption in the metal processing sector to measure temperatures at different stages of various processes including forging, extrusion, rolling, and die forming. Forging companies prefer precise, robust, and standalone temperature measuring equipment such as pyrometers & thermal imagers over thermocouples. This trend is providing considerable opportunities to stakeholders, and is anticipated to drive growth in pyrometer market in the forthcoming years.

Pyrometer Market – Segmentation

Based on technology, the global pyrometer market is segmented into:

  • Infrared
  • Optical

Based on type, the global pyrometer market is segmented into:

  • Fixed
  • Handheld

Based on industry, the global pyrometer market is segmented into:

  • Glass
    • Melting Process
    • Float
    • Tin Bath
    • Cooling
    • Others
  • Ceramics
  • Metal Processing
    • Forging
    • Others

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

Wish to check Table of Contents of this report?

Click below to Request TOC

Request TOC