Pyrometer Market

Market Leader - Pyrometer Market

The pyrometer market is estimated to grow from USD 327 million in 2020 to reach USD 464 million by 2025; it is expected to grow at a CAGR of 7.3% from 2020 to 2025. A few key factors driving the growth of this market are increased importance of non-contact temperature measurements, emphasis of end-user industries on rugged temperature measurement devices, Industry 4.0 pushed demand for pyrometers, and surged popularity of application-specific pyrometers.

AMETEK Land (US), Fluke Corporation (US), CHINO Corporation (Japan), Advanced Energy Industries, Inc. (US), OMEGA Engineering (US), PCE Instruments (Germany), Optris GmbH (Germany), Sensortherm GmbH (Germany), CI Systems (US), DIAS Infrared GmbH (Germany), Williamson Corporation (US), and Micro-Epsilon (Germany) are few major players in pyrometer market. Most of the leading companies have used product launches and product development as key strategies to boost their revenues.

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Top 2 Market Players:

AMETEK Land (US) specializes in designing and manufacturing analyzers and monitors, among others, for industrial applications such as noncontact temperature measurement, combustion efficiency, and environmental pollutant emissions. The AMETEK Land brand name and its recognition in infrared temperature measurement solutions are leading to new sales for the company in the pyrometer market. The diversified pyrometer product portfolio and application-specific pyrometers have resulted in offering customized solutions to its customers, thus enabling high sales for the company in the pyrometer market. The company’s products have multiple process measurement applications. It offers a robust product portfolio for the metal processing industry. The company has been continuously developing new products to meet market requirements. For example, in October 2020, AMETEK Land innovated on its popular SPOT AL EQS Range pyrometers by introducing two new modes for forging and forming applications. These factors have helped the company maintain a strong position in the pyrometer market.

Fluke Corporation (US), a subsidiary of Fortive Corporation (US), offers test, measurement, and monitoring products and software that are used in electrical, industrial, medical, process, and calibration applications. Fluke Process Instruments, a subsidiary of Fluke Corporation, has been working extensively on the development of new products. For instance, the company launched one- and two-color Endurance pyrometer applications demanding high precision and high temperature reference. Product developments such as extending its Thermalert 4.0 spot pyrometer series by incorporating new shortwave versions and various additional interface options, among others, have been undertaken. Fluke has strong distribution channels across several countries, and the company covers all the major industries that are revenue-generating for the pyrometer market, for instance, metals, glass, automotive, solar & semiconductors, food, plastics, and others. These factors have enabled the company to gain the second position in the pyrometer market.

Related Reports:

Pyrometer Market with COVID-19 Impact Analysis, by Type (Fixed, Handheld), Technology (Optical, Infrared), Wavelength (Single Wavelength, Multiwavelength), End-user Industry (Ceramics, Glass, Metal Processing), and Geography - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
SE 2540
RI Published ON
3/23/2021
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