Infrared Thermometer Market 2022 Trends, Growth Opportunities, Industry Revenue and Business Analysis by Forecast – 2027

Infrared Thermometer Market documented by Market Intelligence data (MID) means to offer a coordinated and orderly methodology for the major aspects that have influenced the market in the past and the forthcoming market prospects on which the organizations can depend upon before investing. It furnishes with a reasonable examination of the market for better decision-making and assessment to put resources into it. The report analyses the elements and a complete detailed outlook of the main players that are probably going to add to the demand in the Infrared Thermometer in the upcoming years.

The Infrared Thermometer Market is expected to register a CAGR of 12.88% over the forecast period 2022-2027.

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The market report additionally gives a to-the-point evaluation of the techniques and plans of action that are being executed by the players and companies to contribute to the Infrared Thermometer Market growth. Some of the most conspicuous measures taken by the organizations are partnerships, mergers & acquisitions, and collaborations to extend their overall reach

Market Overview

The Infrared Thermometer Market is expected to grow at a CAGR of  over the forecast period 2022 to 2027. The capacity of these thermometers to take the non-contact measurement of objects is one of the critical determinants that encourage the demand for infrared thermometers worldwide. Besides, the simple handling and smooth operation of infrared thermometers have increased their popularity worldwide. With the proliferation of Infrared(IR) Technology in various electronic devices such as cameras, remote-controlled devices, sensors, etc., the technology is increasingly used for temperature measurement in various industries. For instance, maintaining the right temperature of raw material and end-product during the manufacturing of any food & beverage item is driving the new factories to adopt Infrared based temperature measuring devices.

Major players in the Infrared Thermometer Market are:

Hill-Rom, Exergen, Geratherm Medical, Thermomedics, Microlife, PAUL HARTMANN, BPL Medical Technologies, Contec Medical Systems, Cardinal Health (Medtronic), OMRON, Braun

Recent Developments 

OMRON’s largest acquisition to date was in 2015, when it acquired Adept Technology for $200M. OMRON has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include automotive (23%) and electrical equipment (23%).

On the basis of types, the global Infrared Thermometer market from 2022 to 2027 is primarily split into:

Ear
Forehead
Multifunction

 On the basis of applications, the global Infrared Thermometer market from 2022 to 2027 covers:

Medical
Public Places

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Regional Analysis:

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2022-2027) of the following regions are covered:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

with sales, price, revenue, and market share from 2022 to 2027. All geographical markets ranging from emerging to current ones have been covered in the report. The global and regional conception evaluates the key factors, investment feasibility analysis, and SWOT analysis across various regions.

North America Dominates The Market

North America holds a prominent share of the global market. The US plays a crucial role in increasing the demand from the region compared to Canada. Over the forecast period, the country is expected to dominate the global market, owing to its developed infrastructure that can house advanced solutions across various sectors.​ Several key players in the market, such as Excelitas Technologies, Texas Instruments, Honeywell International, Fluke Corporation, and FLIR Systems, have their presence in this region, which further augment the market growth in the area.​ Increasing expenditure on the food and electronics industries in countries like Canada and the US boosts the demand for infrared thermometers.

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The study objectives of this report are:

To study and analyse the global Infrared Thermometer Market size (value and volume) by the company, key regions/countries, products and application, history data from 2016 to 2022, and forecast to 2027.
To understand the structure of the Infrared Thermometer Market by identifying its various sub-segments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges, and risks).
Focuses on the key global Infrared Thermometer Market manufacturers, to define, describe, and analyse the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

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Report Features:                           

The report delivers a detailed view of the industry based on «Infrared Thermometer Market size, market growth, and opportunities. The report also analyses market key aspects such as-

- Infrared Thermometer Market structure: Overview, industry life cycle analysis, supply chain analysis

-Market environment analysis: Growth drivers and constraints, and SWOT analysis.

- Infrared Thermometer Market trend and forecast analysis

- Infrared Thermometer Market segment trend and forecast

-Competitive landscape and dynamics: Market share, product launches, etc.

-Attractive market segments and associated growth opportunities

-Emerging trends

-Strategic growth opportunities for the existing and new players

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