The Pyrometer Market was valued at USD 456.7 Million in 2016 and is expected to reach USD 815.9 Million by 2023, at a CAGR of 7.0% during the forecast period. The base year considered for the study is 2016, and the forecast period considered is 2017鈥?023. This report provides a detailed analysis of the pyrometer market based on technology, type, industry Ereck Flowers Color Rush Jersey , and region. The report forecasts the market size, in terms of value, for various segments with regard to 4 main regions North America, Europe, APAC, and RoW. It strategically profiles the key players and comprehensively analyzes their market rankings and core competencies, along with detailing the competitive landscape for the market leaders.
The research methodology used to estimate and forecast the pyrometer market begins with capturing the data on key vendor revenues through secondary research. Secondary sources referred for this research study include government sources, World Economic Outlook Darian Thompson Color Rush Jersey , trade websites, Hoovers, Bloomberg Businessweek, Factiva, OneSource, World Bank data, OPEC data, OICA data Sterling Shepard Color Rush Jersey , corporate filings (such as annual reports, investor presentations, and financial statements), and trade, business, and professional associations. The bottom-up procedure has been employed to arrive at the overall size of the pyrometer market from the revenues of key players in the market. After arriving at the overall market size, the overall market has been split into several segments and subsegments, which have been verified through primary research by conducting extensive interviews with industry experts such as CEOs Eli Apple Color Rush Jersey , VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primary respondents has been depicted in the below figure.
Download PDF Brochure @ IR pyrometers expected to hold major share of pyrometer market during forecast period
The infrared (IR) pyrometer measures temperature of an object or surface from the radiation emitted by the object or surface. IR pyrometer is expected to be the dominant technology in the pyrometer market during the forecast period. This dominance of the IR pyrometer is mainly attributed to its high sensitivity in high temperature, which makes it suitable for end-user industries to detect high temperature with more accuracy.
Market for fixed pyrometers to hold a major share of the pyrometer market between 2017 and 2023
Fixed mount pyrometers are usually installed at one location for continuously monitoring the temperature of a target or surface. Fixed pyrometers are used for the temperature measurement in critical processes such as glass manufacturing, forging, rolling, and die casting because these pyrometers can be used in hazardous environmental conditions. Moreover, these pyrometers help in continuous temperature monitoring Wayne Gallman Color Rush Jersey , which is one of the main requirements of the industries.
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Metal processing industry expected to hold a major share of the pyrometer market between 2017 and 2023
In the metal processing industry, pyrometers are used to measure temperatures at different stages of various process including forging, rolling, extrusion, and die forming. Forging companies prefer robust, accurate, and standalone temperature measurement devices such as pyrometers and thermal imagers over thermocouples. This trend is expected to continue throughout the forecast period, thereby providing significant opportunities to pyrometer providers.
Europe is expected to dominate the pyrometer market between 2017 and 2023
This dominance is mainly attributed to the increasing automation in the industrial sector and the increasing demand for pyrometers for non-contact temperature measurement Davis Webb Color Rush Jersey , which would create significant opportunities for pyrometer providers in this region. The higher growth rate is mainly attributed to the technological advancement in the temperature monitoring processes and the increasing use of remote temperature measurement devices for ensuring safety in high-temperature applications such as forging, glass, and ceramics. Europe is the second-largest steel producer in the world; hence, it is expected that there would be a significant demand for pyrometers in this region in the near future.
Land Instruments International (UK), Advanced Energy Industries (US), Accurate Sensors Technologies (Israel), Proxitron (Germany), PCE Instruments (Germany) Dalvin Tomlinson Color Rush Jersey , LumaSense Technologies (US), Optris (Germany), AOIP (France), Optron (Germany), BARTEC (Germany), CHINO CORPORATION (Japan) Calex Electronics (UK), Micro-Epsilon (Germany), B+B Thermo-Technik (Germany) Evan Engram Color Rush Jersey , OPTEX CO. (Japan), OMEGA Engineering (UK), and Fluke Process Instruments (US) are the major players in the pyrometer market.
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