The Infrared Thermometer Market size was estimated at USD 1.8 billion in 2023 and is projected to reach USD 3.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 8.60% during the forecast period (2024-2030).
Infrared Thermometer Market
(Market Size)
$1.8 billion
$3.2 billion
2023
2030
Source: Citius Research
| Study Period |
2018 - 2030 |
| Base Year For Estimation |
2023 |
| Forecast Data Period |
2024 - 2030 |
| CAGR (2024-2030) |
8.60% |
| 2023 Market Size |
USD 1.8 billion |
| 2030 Market Size |
USD 3.2 billion |
| Key Players |
Fluke, Testo, Omega, Keysight, Optris |
Market Summary
The infrared thermometer market is a critical segment within the machinery and equipment industry, driven by the demand for non-contact temperature measurement solutions across various sectors. These devices utilize infrared technology to detect and measure thermal radiation emitted by objects, providing accurate temperature readings without physical contact. The market has witnessed substantial growth due to increasing applications in industrial maintenance, healthcare, food processing, and HVAC systems. Key factors propelling the market include the need for efficient and rapid temperature monitoring, advancements in sensor technology, and the rising emphasis on workplace safety and hygiene. Companies are focusing on developing innovative products with enhanced features such as wireless connectivity, data logging, and improved accuracy to cater to diverse end-user requirements. The market is characterized by the presence of both global and regional players offering a wide range of products to meet specific industry needs.
Key Highlights
The infrared thermometer market is distinguished by several key highlights that underscore its significance and growth trajectory. Technological advancements have led to the development of highly accurate and reliable devices capable of measuring temperatures across a broad range, from extremely low to high temperatures. The integration of smart features, such as Bluetooth connectivity and mobile app compatibility, allows for seamless data transfer and analysis, enhancing operational efficiency. Additionally, the COVID-19 pandemic has significantly boosted demand for non-contact thermometers in healthcare and public spaces, highlighting their importance in infection control. The market also benefits from stringent regulatory standards and quality certifications that ensure product safety and performance. Leading companies are investing in research and development to introduce innovative solutions, such as dual-laser targeting and adjustable emissivity settings, to address evolving customer needs and maintain competitive advantage.
Drivers, Opportunities & Restraints
The infrared thermometer market is driven by several factors, including the increasing adoption of non-contact temperature measurement techniques in industrial and medical applications. The need for quick and accurate temperature monitoring in manufacturing processes, equipment maintenance, and quality control is a primary driver. The growing emphasis on preventive maintenance to avoid equipment failure and reduce downtime further fuels market growth. Opportunities abound in emerging markets, where industrialization and infrastructure development are creating new demand for advanced temperature measurement tools. The expansion of the healthcare sector, particularly in developing regions, presents significant growth prospects for infrared thermometers. However, the market faces restraints such as high costs associated with advanced models and the availability of alternative temperature measurement devices. Additionally, accuracy issues due to environmental factors like humidity and dust can pose challenges. Despite these restraints, ongoing technological innovations and increasing awareness about the benefits of infrared thermometers are expected to sustain market growth.
Concentration Insights
The infrared thermometer market is moderately concentrated, with a mix of established global players and emerging regional companies. Key players such as Fluke Corporation, Testo SE & Co. KGaA, and OMEGA Engineering dominate the market with their extensive product portfolios and strong distribution networks. These companies focus on strategic initiatives like mergers and acquisitions, partnerships, and product launches to strengthen their market position. Regional players often cater to specific geographic markets or niche segments, offering cost-effective solutions. The competitive landscape is characterized by intense rivalry, with companies competing on factors such as product features, accuracy, price, and brand reputation. Innovation and technological advancement are critical for maintaining competitiveness, leading to continuous investment in research and development. The market also sees participation from specialized manufacturers focusing on specific applications, such as medical or industrial use, further diversifying the competitive environment.
Type Insights
Infrared thermometers are available in various types, each designed for specific applications and performance requirements. Handheld infrared thermometers are the most common type, offering portability and ease of use for spot temperature measurements in industrial, commercial, and residential settings. Fixed-mount infrared thermometers are used for continuous temperature monitoring in processes such as manufacturing, food production, and HVAC systems. These devices are often integrated into automated systems for real-time data collection and control. Additionally, there are specialty infrared thermometers, including those with laser targeting for precise measurement and models with advanced features like data logging and wireless connectivity. The choice of thermometer type depends on factors such as measurement range, accuracy, response time, and environmental conditions. Manufacturers are continually innovating to enhance the functionality and reliability of these devices, catering to the diverse needs of end-users across different industries.
Application Insights
Infrared thermometers find applications across a wide range of industries due to their non-contact measurement capabilities. In the industrial sector, they are used for monitoring machinery and equipment temperatures to prevent overheating and ensure optimal performance. The healthcare industry relies on infrared thermometers for fever screening and patient monitoring, especially in clinics, hospitals, and public health settings. In the food and beverage industry, these devices are essential for checking cooking, storage, and serving temperatures to maintain food safety standards. The HVAC industry uses infrared thermometers for diagnosing system performance and detecting energy losses. Other applications include automotive repair, building inspection, and research laboratories. The versatility and efficiency of infrared thermometers make them indispensable tools in various professional and consumer contexts, driving their adoption across multiple sectors.
Regional Insights
The infrared thermometer market exhibits varying dynamics across different regions, influenced by economic development, industrialization, and regulatory frameworks. North America and Europe are mature markets with high adoption rates of advanced temperature measurement technologies, driven by stringent safety standards and well-established industrial and healthcare sectors. The Asia-Pacific region is experiencing rapid growth due to increasing industrialization, infrastructure development, and rising healthcare expenditure. Countries like China, India, and Japan are key contributors to market expansion in this region. Latin America and the Middle East & Africa are emerging markets with growing demand for infrared thermometers, supported by economic growth and increasing awareness about non-contact temperature measurement benefits. Regional differences in regulatory requirements and consumer preferences also shape market trends, prompting companies to tailor their products and strategies to local needs.
Company Insights
The infrared thermometer market features several prominent companies that play a pivotal role in shaping industry trends and advancements. Fluke Corporation, a leading player, is renowned for its high-precision measurement tools and innovative solutions. Testo SE & Co. KGaA offers a comprehensive range of infrared thermometers with advanced features for various applications. OMEGA Engineering is known for its reliable and accurate temperature measurement devices catering to industrial and scientific needs. Other key players include Raytek Corporation, Optris GmbH, and Amprobe Instruments, each contributing to the market with their specialized products and technologies. These companies focus on continuous innovation, quality assurance, and customer support to maintain their competitive edge. Strategic collaborations, expansion into emerging markets, and investment in research and development are common approaches adopted by these firms to enhance their market presence and meet evolving customer demands.
Recent Developments
The infrared thermometer market has witnessed several recent developments that reflect ongoing innovation and market evolution. Companies have introduced new products with enhanced features such as improved accuracy, faster response times, and wireless connectivity for data integration. There has been a surge in demand for medical-grade infrared thermometers due to the COVID-19 pandemic, leading to increased production and distribution efforts. Technological advancements include the development of smart infrared thermometers compatible with IoT platforms for real-time monitoring and analysis. Additionally, mergers and acquisitions have been observed as companies seek to expand their product portfolios and geographic reach. Regulatory approvals and certifications for new models have also been prominent, ensuring compliance with international standards. These developments highlight the dynamic nature of the market and the continuous efforts by industry players to address emerging needs and opportunities.
Report Segmentation
The infrared thermometer market report is segmented based on various parameters to provide a comprehensive analysis of the industry. Segmentation by type includes handheld, fixed-mount, and specialty infrared thermometers, each catering to different application requirements. By application, the market is divided into industrial, healthcare, food & beverage, HVAC, and others, reflecting the diverse uses of these devices. Geographic segmentation covers North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, highlighting regional trends and opportunities. Additionally, the report may segment the market based on technology, such as single-waveband and multi-waveband infrared thermometers, and by distribution channel, including online and offline sales. This detailed segmentation enables a thorough understanding of market dynamics, helping stakeholders identify growth areas and make informed decisions.
FAQs
What is an infrared thermometer? An infrared thermometer is a device that measures temperature from a distance by detecting the infrared energy emitted by an object and converting it into a temperature reading.
How does an infrared thermometer work? It works by capturing the thermal radiation emitted by an object and using a sensor to convert that radiation into an electrical signal, which is then processed to display the temperature.
What are the advantages of using an infrared thermometer? Advantages include non-contact measurement, rapid response times, ability to measure moving or hazardous objects, and reduced risk of contamination.
Are infrared thermometers accurate? Yes, modern infrared thermometers are highly accurate, with precision depending on factors like distance-to-spot ratio, emissivity settings, and environmental conditions.
Can infrared thermometers be used for medical purposes? Yes, they are widely used in healthcare for fever screening and patient monitoring, especially in settings requiring non-contact measurement to prevent cross-infection.
What industries commonly use infrared thermometers? Common industries include manufacturing, healthcare, food processing, HVAC, automotive, and building inspection, among others.
Citius Research has developed a research report titled “Infrared Thermometer Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.
Details included in the report for the years 2024 through 2030
• Infrared Thermometer Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights
The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The Infrared Thermometer Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.
Infrared Thermometer Market Segmentation
Regions Covered
• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia
Infrared Thermometer Market Analysis
The report covers below mentioned analysis, but is not limited to:
• Overview of Infrared Thermometer Market
• Research Methodology
• Executive Summary
• Market Dynamics of Infrared Thermometer Market
• Driving Factors
• Restraints
• Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of Infrared Thermometer Market
• Cost and Gross Margin Analysis of Infrared Thermometer Market
• Infrared Thermometer Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
• Competition Landscape
• Market Share of Major Players
• Key Recommendations
The “Infrared Thermometer Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.
Infrared Thermometer Market Key Stakeholders
Below are the key stakeholders for the Infrared Thermometer Market:
• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors
Infrared Thermometer Market Report Scope
| Report Attribute | Details |
| Base year | 2023 |
| Historical data | 2018 – 2023 |
| Forecast | 2024 - 2030 |
| CAGR | 2024 - 2030 |
| Quantitative Units | Value (USD Million) |
| Report coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request |
| Segments covered | Product type, technology, application, geography |
| Regions covered | North America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia |
| Countries covered | US, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others |
| Customization scope | Available on request |
| Pricing | Various purchase options available as per your research needs. Discounts available on request |
COVID-19 Impact Analysis
Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the Infrared Thermometer Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.
The report has helped our clients:
• To describe and forecast the Infrared Thermometer Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in Infrared Thermometer Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships
Report Customization
Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
Frequently Asked Questions
The Global Infrared Thermometer Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global Infrared Thermometer Market is expected to grow at a CAGR of XX% from 2023 to 2030.
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