Pyrometer Trends and Forecast
The future of the global pyrometer market looks promising with opportunities in the glass, ceramic, and metal processing markets. The global pyrometer market is expected to reach an estimated $493.8 million by 2030 with a CAGR of 6.7% from 2024 to 2030. The major drivers for this market are growing need in crucial businesses for precise temperature measuring equipment, introduction of industry 4.0, as well as, requirement in sectors like metal oxides, metals, and ceramics to detect high temperatures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Pyrometer by Segment
The study includes a forecast for the global pyrometer by type, wavelength, glass manufacturing type, application, and region.
Pyrometer Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Fixed
• Handheld
Pyrometer Market by Wavelength [Shipment Analysis by Value from 2018 to 2030]:
• Single Wavelength
• Multiwavelength
Pyrometer Market by Glass Manufacturing Type [Shipment Analysis by Value from 2018 to 2030]:
• Forehearth
• Melt Tank
• Lehr
• Tin Bath
• Others
Pyrometer Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Glass
• Ceramics
• Metal Processing
Pyrometer Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Pyrometer Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies pyrometer companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the pyrometer companies profiled in this report include-
• AMETEK Land
• Fluke
• CHINO
• Advanced Energy Industries
• OMEGA Engineering
• PCE Instruments
• Optris
• Sensortherm
• DIAS Infrared
• Williamson
Pyrometer Market Insights
Lucintel forecasts that fixed is expected to witness the higher growth over the forecast period.
Within this market, metal processing is expected to witness the highest growth because of their strong, accurate, and autonomous temperature measurement capabilities, metal industries are pursuing more pyrometer equipment than other temperature monitoring options such as thermocouples.
APAC is expected to witness highest growth over the forecast period due to the expanding industrialization and urbanization in various regions of Asia Pacific, as well as growing demand for temperature sensors across a range of end-use industries.
Features of the Global Pyrometer Market
Market Size Estimates: Pyrometer market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Pyrometer market size by type, wavelength, glass manufacturing type, application, and region in terms of value ($M).
Regional Analysis: Pyrometer market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, wavelength, glass manufacturing type, application, and regions for the pyrometer market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the pyrometer market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the pyrometer market size?
Answer: The global pyrometer market is expected to reach an estimated $493.8 million by 2030.
Q2. What is the growth forecast for pyrometer market?
Answer: The global pyrometer market is expected to grow with a CAGR of 6.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the pyrometer market?
Answer: The major drivers for this market are growing need in crucial businesses for precise temperature measuring equipment, introduction of industry 4.0, as well as, requirement in sectors like metal oxides, metals, and ceramics to detect high temperatures.
Q4. What are the major segments for pyrometer market?
Answer: The future of the global pyrometer market looks promising with opportunities in the glass, ceramic, and metal processing markets.
Q5. Who are the key pyrometer market companies?
Answer: Some of the key pyrometer companies are as follows:
• AMETEK Land
• Fluke
• CHINO
• Advanced Energy Industries
• OMEGA Engineering
• PCE Instruments
• Optris
• Sensortherm
• DIAS Infrared
• Williamson
Q6. Which pyrometer market segment will be the largest in future?
Answer: Lucintel forecasts that fixed is expected to witness the higher growth over the forecast period.
Q7. In pyrometer market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to the expanding industrialization and urbanization in various regions of Asia Pacific, as well as growing demand for temperature sensors across a range of end-use industries.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the pyrometer market by type (fixed and handheld), wavelength (single wavelength and multiwavelength), glass manufacturing type (forehearth, melt tank, lehr, tin bath, and others), application (glass, ceramics, and metal processing), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Pyrometer Market, Pyrometer Market Size, Pyrometer Market Growth, Pyrometer Market Analysis, Pyrometer Market Report, Pyrometer Market Share, Pyrometer Market Trends, Pyrometer Market Forecast, Pyrometer Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.