Infrared Thermometer Market Revenue, Growth, Developments, Size, Share and Forecast 2029

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Infrared Thermometer Market size was valued at USD 346.61 Mn in 2022 and the total Infrared Thermometer Market revenue is expected to grow at 12.02% from 2023 to 2029, reaching nearly USD 767.21 Mn.

Infrared Thermometer Market Overview: 

The Infrared Thermometer Market presents a dynamic landscape shaped by evolving consumer needs and technological advancements. As a staple in households and industries alike, Infrared Thermometers serve a diverse range of purposes, from crafting and garment making to industrial-scale manufacturing. The market is characterized by a wide array of products, including mechanical, electronic, and computerized Infrared Thermometers, each catering to specific user preferences and skill levels. Recent innovations, such as integrated smart technologies and automated features, are transforming the sewing experience, enhancing precision and convenience. The market’s dynamics are further influenced by factors such as the growing DIY culture, fashion trends, and sustainability concerns, all of which contribute to shaping the demand and development of Infrared Thermometers across the globe. As the market continues to evolve, manufacturers are challenged to strike a balance between traditional craftsmanship and cutting-edge technology to meet the diverse demands of both individual consumers and industrial users.

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Infrared Thermometer Market Scope:

The “Global Infrared Thermometer Market Analysis” is a detailed investigation of the Infrared Thermometer market, with a focus on global market trends and analysis. The goal of this research is to provide an overview of the Infrared Thermometer market as well as detailed market segmentation by application, end-use, and geography. The Infrared Thermometer market is expected to develop substantially over the forecast period. The study contains critical information on the market positions of the Infrared Thermometering Infrared Thermometer players, as well as noteworthy industry trends and opportunities.

The research method used to assess and anticipate the Infrared Thermometer market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segment estimation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Infrared Thermometer market was calculated using the revenue of significant enterprises.

Infrared Thermometer Market Segmentation: 

There are two market groups based on application: medical and non-medical. The fastest CAGR of more than 13.2% is predicted to grow for product utilization in medical applications during the projected timeframe. Both population growth and an increase in the variety of fever-causing disorders may result from this. Furthermore, it is anticipated that an increase in COVID-19 cases will fuel market growth. For example, as of February 25, 2022, 43,12,574 COVID-19 cases had been confirmed worldwide, according to the WHO. Furthermore, regulatory agencies worldwide, including the U.S. FDA, are endorsing the use of products to take a person’s temperature. The increased demand for hospitals and clinics as a result is supporting the growth of the medical industry.

Non-contact handheld and fixed-mount thermometers have distinct market categories according on type. The portable type category is anticipated to develop at the fastest rate during the projection period, with a market share of more than 74.2% in 2022. It is expected that the segment will increase due to the increased rates of both acute diseases and other infections that result in fever. For example, there are now more people suffering from yellow fever. The WHO estimates that typhoid illness affects 21 million individuals globally each year. In a similar vein, the CDC claims that 30,000 cases of yellow fever occur annually.

Considering the End-User, Between 2022 and 2030, the healthcare sector—which held the greatest share of the GDP at 42.2% in 2022—is expected to grow at the quickest rate. The rise in bakeries, cafes, take-out restaurants, and other end-use businesses worldwide has contributed to the expansion of the second-largest end-use industry, hospitality. For example, the UK’s Office of National Statistics calculates that there are 125,400 restaurants, bakeries, and cafés nationwide.

1 Global Infrared Thermometer Market, by Application (2021-2029)
• Medical
• Non-Medical
2 Global Infrared Thermometer Market, by Type (2021-2029)
• Handheld Thermometer
• Fixed-mount Thermometer
3 Global Infrared Thermometer Market, by End-User (2021-2029)
• Healthcare industry
• Food & Beverage industry
• Automobile
• Hospitality Industry
• Others
4 Global Infrared Thermometer Market, by Component (2021-2029)
• Optical Components
• Electronics
• Display and Control Units
• Others
5 Global Infrared Thermometer Market, by Product Type (2021-2029)
• Contact Thermometers
• Non-contact Thermometers

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Infrared Thermometer Market Key Players:

The major players covered in the Infrared Thermometer market report are

1. American Diagnostic Corporation(US)
2. FLIR(US)
3. Testo(US)
4. Cardinal Health(US)
5. Thermomedics, Inc.(US)
6. Exergen(US)
7. Welch Allyn – A Hill-Rom Inc. Company(US)
8. Electronic Temperature Instruments Ltd(UK)
9. PCE Instruments(UK)
10. Geratherm Medical AG(Germany)
11. PAUL HARTMANN AG(Germany)
12. Braun GmbH(Germany)
13. Microlife Corporation(Switzerland)
14. BPL Medical Technologies(Denmark)
15. Contec Medical Systems Co., Ltd.(China)
16. OMRON Corporation(Japan)
17. AMETEK Land(UK)

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Infrared Thermometer Market Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Infrared Thermometer Market:

Aerospace and defense, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 outbreak. COVID-19 has had an impact on the Infrared Thermometer market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spread. Our most recent inquiry, opinions, and bits of knowledge on the market are critical to the businesses and associations in the Infrared Thermometer industry, 

Key Questions Answered in the Infrared Thermometer Market Report are: 

  • Which segment grabbed the largest share in the Infrared Thermometer market?
  • What was the competitive scenario of the Infrared Thermometer market in 2021?
  • Which are the key factors responsible for the Infrared Thermometer market growth?
  • Which region held the maximum share in the Infrared Thermometer market in 2021?

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