The global Non-Contact Temperature Measurement System market is forecasted to grow at a rate of 6.1% from USD 860.5 million in 2019 to USD 1350.2 million in 2030. A diverse range of applications and advent of technology has enabled temperature monitoring in production processes. Therefore, non-contact temperature measurement system are a vital piece of electronics that used throughout many industries including automotive, healthcare, electronics, metals & mining and others.
The high demand is expected to provide traction to the market in the coming future. For instance, in manufacturing industries, monitoring the temperature of many processes and environments is essential. Therefore, an infrared high-temperature sensor is used for non-contact infrared temperature measurement, which provides long term and maintenance-free operation in industrial environments. Furthermore, amid pandemic, temperature sensors have become an even more vital piece for monitoring the temperature. In healthcare, it is of great medical importance to measure the body temperature of the general public during the common coronavirus (COVID-19) outbreak. In June 2020, Health-tech startup, Arvi launched contactless thermal scanning kiosks. The instruments are simple, robust, and cost-effective design, are frequently used for industrial measuring tasks. These features are expected to impact demand during the forecast period. Additionally, they find their application, for example, in the air-conditioning industry, heating, ventilation and, in machine building, plant, vessel, pipeline, and apparatus construction, and the chemical and petrochemical industries. The chemicals industry these products play an essential role in the processes such as refining, heat tracing, cracking, and incineration, and systems such as sanitary systems and piping systems use temperature sensors for temperature monitoring and control, which is projected to hold the largest share during the forecast period. In other sectors, the market is driven by technological advancements. For instance, the inline thermography system used for component testing is the moldCONTROL thermal imager. The system comprises of the thermoIMAGER infrared camera, a ready-for-use industrial PC, the moldCONTROL software, and a communication interface for machines. Emerging economies in Asia Pacific Regions will further boost the demand owing to the significant investment being made in the industrial sector.
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Component Outlook:
The segment of sensors dominated the global market and accounted for the CAGR of 6.6% share during the forecast period. This section covers sensors. The growth is attributed to the product launches to fulfill the demands of the growing need for Non-Contact Temperature Measurement System.
Displays are projected to rise from 2019 to 2030 with a CAGR of 5.8%. Growth in the field to address increasing advanced automation needs. Is expected to offer beneficial opportunities in the near future. Additionally, they are also used in healthcare industry for measuring temperature and industrial parameter during the processes. Such applications will provide traction to the market.
Product Outlook:
Fixed Mount is expected to dominate the market during the forecast period with a significant CAGR. The market share is contributed to the availability of variety of styles, common specifications and features such as emissivity, distance-to-spot ratio, and spectral range. Furthermore, It is widely used in a location to continuously monitor a particular process. The introduction of products like advanced products is anticipating the growth of the market.
Instrumentation Type Outlook:
The fiber optic radiation thermometer is anticipated to increase at a significant market share from 2019 to 2030. In the case of Non-Contact Temperature Measurement System, fiber optics offer some inherent advantages for measurements in industrial including Automotive, Healthcare, Electronics, and Metals & Mining.
Application Outlook:
The Body temperature Measurement segment is anticipated to increase at a significant CAGR of 6.5% from 2019 to Amid the COVID-19 pandemic, screening became essential to prevent the spread of the virus owing to its rising demand during the forecast period.
End Use Outlook:
The automotive is anticipated to increase at a significant CAGR from 2019 to 2030 due to its increased application in measuring the temperature of oils and coolant. Moreover, it is Infrared sensors are considered suitable for non-contact applications for determining the high temperature activities.
Regional Outlook:
North America dominated the market with a revenue of USD 354.4 million in 2019 due to increased demand in industrial sector and best in class infrastructure. The North American market had held the largest market share owing to the rise in technological advancements such as IoT, microtechnology and nanotechnology.
The Asia Pacific is expected to be seeing substantial growth as a result of change in industrial dynamics of the region.
The market in Europe and the rest of the world has a possible future opportunity for expansion of the market in emerging countries including Brazil, South Africa, the UAE, Germany, the United Kingdom, and France.
Market-O-Nomics
- Sensors segment is expected to witness the significant growth during the forecast period. There are also a variety of sensors available to help maximize performance in specific applications in automotive and electronics industry. Such demand is expected to foster the market.
- Companies concentrate on technical advancement, updating the research equipment, and process changes, reducing costs, and increasing efficiency and efficiency of the temperature system.
- In Asian countries, emerging economies, including India, China, and Bangladesh, is anticipated to escalate global demand. The market players located in this region are making huge investments from the companies operating in the region to develop enhanced temperature sensor functionalities
- Amid pandemic, body temperature measurement are expected to have a CAGR of 6.5%.
- Major driver for the market is the increase penetration of temperature sensors in end users industry and rising adoption of advanced and portable healthcare equipment in emerging nations.
Companies considered and profiled in this market study
Testo SE & Co. KGaA, Micro Epsilon, CHINO Corporation, Fluke Corporation, OMEGA Engineering Inc., AMETEK Land, DIAS Infratech GmbH, PCE Instruments, Dwyer Instruments, TE Connectivity. has been profiled in the report. They are significant market players.
The players operating in the market have undertaken several strategies related to the market in the period 2019-2020. The key highlight is:
- In April 2020, ForaCare Suisse launched temperature measuring station for Covid-19.
- In August 2019, Micro-Epsilon launched reliable and efficient testing technology for plastics processing. It is expected to provide suitable measurement technology from using non-contact, infrared temperature measurement a single source for almost any material or polymer.
- In June 2020, honor has launched the Honor Play 4 Pro with a temperature sensor in China. The market is expected to boom in this sector
Start-up Traction
The industry offers numerous growth opportunities. Thus, a number of startups providing innovative Products and technologies have been entering the market. Some of them include biopharmaceutical companies.
GOQii launches smart band with body temp sensors. It can help users to track vitals like body temperature, heart rate, and others.
Deals Landscape
Mergers and Acquisitions are an integral part of the Non-Contact Temperature Measurement System market. Along with the companies operating in the market, other key market players have also been entering the industry.
- In February 2020, German developer and manufacturer of sensors and measurement devices Micro-Epsilon Messtechnik GmbH & Co. KG established corporation in Osaka to expand sales and support customers.
Expert Insights:
Reports and Data forecast promising developments for increased adoption of Non-Contact Temperature Measurement System. The companies are designing new product concepts according to the current customer expectations coupled with best outcome. According to industry experts, new manufacturers are expected to enter the market amid COVID-19, which is likely to change the market dynamics. New companies entering the industry would focus on innovating and providing through advanced technologies, thereby reducing complexity and lowering the overall total cost of operation.
Segments Covered in the report
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2030. The scope of the report can be defined as:
For the purpose of this report, Reports and Data have segmented into the global non-contact temperature measurement system market on the basis of component, product, instrumentation type, application, end use, and region:
Component Outlook (Revenue, USD Million; 2019-2030)
- Sensors
- Displays
- Connectors
- Processors
- Others
Product Outlook (Revenue, USD Million; 2019-2030)
- Portable
- Fixed mount
Instrumentation type Outlook (Revenue, USD Million; 2019-2030)
- Broadband Radiation Thermometer
- Narrow band Radiation Thermometer
- Ratio Radiation Thermometer
- Fiber Optic Radiation Thermometer
Application Outlook (Revenue, USD Million; 2019-2030)
- Body Temperature Measurement
- Object/Asset Temperature Measurement
- Room Temperature Measurement
- Liquid Temperature Measurement
- Others
End Use Outlook (Revenue, USD Million; 2019-2030)
- Automotive
- Healthcare
- Electronics
- Metals & Mining
- Building & Construction
- Energy & Power
- Petrochemical
- Chemical
- Others
Regional Outlook (Revenue, USD Million; 2019-2030)
- North America
- U.S
- Canada
- Europe
- U.K
- France
- Spain
- Rest of the Europe
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
TABLE OF CONTENT
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2030
Chapter 3. Indicative Metrics
Chapter 4. Non Contact Temperature Measurement System Market Segmentation & Impact Analysis
4.1. Non Contact Temperature Measurement System Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increase in demand from end use industries
4.2.2.2. Broadening in the utility of fixed mount product
4.2.2.3. Boost in demand due to COVID 19 pendamic
4.2.3. Market restraints analysis
4.2.3.1. Fluctuations in the temperature measurement
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
4.9. Customer Mapping
4.10. Covid-19 Impact Analysis
Chapter 5. Non Contact Temperature Measurement System Market By End-user Insights & Trends
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