by Infrared thermometers are non-contact thermometers that measure the surface temperature of objects without coming in physical contact. They are easy to use and provide quick and accurate temperature readings. Infrared thermometers find widespread applications in the healthcare sector for temperature screening, in industries for equipment maintenance and quality control, and at homes. The growing awareness about touchless temperature measurement amid the pandemic is further driving the adoption of infrared thermometers in various settings.
The global Infrared Thermometer Market is estimated to be valued at US$ 16.13 Mn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing adoption of infrared thermometers across industries is one of the key trends in the marketGlobal Infrared Thermometer Market Size help in remote temperature monitoring of industrial equipment and machinery without disrupting operations. This eliminates device maintenance downtime and improves productivity. Various industries including manufacturing, oil and gas, automotive etc. are increasingly implementing infrared thermometry solutions for predictive maintenance and quality control. This growing demand from end-use industries is expected to drive the infrared thermometer market during the forecast period.
SWOT Analysis
Strength: Infrared thermometers provide non-contact temperature measurements which helps in avoiding cross-contamination. They offer quick and accurate temperature readings.
Weakness: Infrared thermometers require line of sight and cannot measure temperature through barriers like clothes. Their accuracy can be affected by environmental factors like humidity.
Opportunity: Growing awareness regarding hygiene and health monitoring is increasing demand for infrared thermometers. Rising prevalence of infectious diseases is driving their usage in hospitals and healthcare settings.
Threats: Presence of alternatives like mercury-in-glass and digital thermometers provides competition. Fluctuations in prices of raw materials can increase production costs.
Key Takeaways
The global infrared thermometer market is expected to witness high growth. The market size is forecast to reach US$ 16.13 Mn in 2024, growing at a CAGR of 5.3% during the forecast period.
Regional analysis
North America dominates the global market currently. Increasing adoption of infrared thermometers in healthcare facilities and homes for temperature screening is driving the regional market. Asia Pacific is expected to be the fastest growing market during the forecast period owing to rising healthcare spending and growing epidemic diseases in countries like India and China.
Key players
Key players operating in the infrared thermometer market are Becton, Dickinson and Company, Lohmann & Rauscher, Komal Health Care Pvt. Ltd., Paul Hartmann AG, DeRoyal Industries Inc., Tytex, Shandong Dermcosy Medical Co., Ltd., Smith & Nephew plc, Dynarex Corporation, Talent Healthcare, 3M and Datt Mediproducts Pvt. Limited. Becton, Dickinson and Company leads the market with its diverse infrared thermometer product portfolio offered under the brand name Welch Allyn.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
