PUBLISHER: Verified Market Research | PRODUCT CODE: 1618425
PUBLISHER: Verified Market Research | PRODUCT CODE: 1618425
Pyrometer Market was valued at USD 563.94 Million in 2021 and is projected to reach USD 1.03 Billion by 2030 , growing at a CAGR of 7.9% from 2022 to 2030. Increased relevance of emphasis of end-user industries on tough temperature measurement devices, non-contact temperature measurements, Industry 4.0 boosted demand for pyrometers, and rising popularity and demand for application-specific pyrometers are a few major factors propelling the growth of this market. The Global Pyrometer Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Pyrometer Market Definition
Pyrometers are non-contact thermometers that employ infrared or visible radiation to detect the temperature of an object's surface. Pyrometers are used as photodetectors because of their ability to absorb energy and measure the strength of electromagnetic waves at any wavelength. High-temperature furnaces are measured with these. These gadgets can accurately, precisely, visibly, and swiftly measure temperature. Pyrometers are available in a variety of spectral ranges (short wave ranges for metals and long wave ranges for non-metals). Total radiation pyrometers, brightness pyrometers, two-color pyrometers, and infrared radiation thermometers are all examples of optical thermometers. These instruments' measuring ranges and applications differ from one another.
The fundamental principle remains the same The electromagnetic radiation released by the surface or gas is used to make the measurement. As a result, the noncontact-type measurement, which is performed at a distance from the item without touching it with a probe, is the second common feature. For high temperatures, various pyrometer-type instruments are utilized, with temperatures ranging from 300 to 6000 °C. The relevant temperatures in ventilation applications, on the other hand, are significantly lower. Only infrared radiation thermometers are of interest in this case. A new advancement in high-temperature optical pyrometry uses a fine sapphire fiber light pipe and photoelectric sensing to determine the temperature of a system that cannot be directly observed.
The fiber's end can be encapsulated to create a black body or it can be used to examine the entity whose temperature has to be calculated directly. The use of total-radiation thermometers at or above room temperature for non-contact detection of changes in temperature in processing operations and even, for example, determining the location of "heat leaks" in a house's insulation is now possible thanks to highly sensitive semiconducting infrared detectors. This method has also been used to identify the modest increase in temperature associated with certain cancers in medical applications. Pyrometers are utilized in a variety of applications, with industrial accounting for the majority of sales. The Pyrometer Market is also seeing growth in the petrochemical industry. The ability to measure temperature without touching it is a primary driver for the Pyrometer Market, as it contributes to ease of use and long durability. Another factor that is predicted to have a big impact on this market is increased automation across numerous industries.
There are two kinds of pyrometers, i.e., optical pyrometers and infrared pyrometers. Optical pyrometers are used to measure visible spectrum heat radiation. The visible light that the heated things release will determine their temperature. Optical pyrometers may make a visual comparison between a surface of a target object and the calibrated light source. When the temperature of the filament and the surface of the object are the same, the filament's thermal radiation intensity combines with the surface of the targeted object and becomes invisible. The current traveling through the filament is turned into a temperature level throughout this procedure.
Infra-red Pyrometers are used to measure thermal radiation in the infrared range, which is typically between 2 and 14 micrometers. It uses emitted radiation to determine the temperature of a target object. A thermocouple can be used to convert this radiation into electrical impulses. Because the thermocouple can provide a larger current that is proportional to the heat emitted. Pyroelectric materials such as polyvinylidene fluoride, triglycine sulphate (TGS), and lithium tantalate are used in infrared pyrometers (LiTaO3).
Global Pyrometer Market Overview
The rising demand for accurate temperature measuring equipment in critical industries would be a major driver of market growth. The industrial sector is getting more mechanized, which will boost market growth even more. Factors such as increased demand for better temperature sensors & technological innovation are also driving the Pyrometer Market. In addition, the increasing expansion of industrial automation and the employment of these devices in major factories and industrial plants would boost the Pyrometer Market's growth rate. In addition, the growing popularity and demand for application-specific pyrometers will have a significant impact on the Pyrometer Market's growth.
The introduction of industry 4.0 is another key reason that will slow the Pyrometer Market's growth pace. Furthermore, the Pyrometer Market will grow as the relevance of non-contact temperature readings grows. The need for pyrometers is increasing due to the necessity to detect high temperatures in industries such as metal oxides, metals, and ceramics. Temperature measurements of slabs, raw steel, and wires throughout processing stages, for example, are critical in a steel mill to assure product quality and workplace safety. This increases the demand for pyrometers in order to improve process monitoring and production efficiency. The stainless steel housing of advanced pyrometers makes them ideal for use in severe settings.
To get an accurate result, pyrometers must be mounted in a precise way. Any type of optical interference could cause the temperature data to be skewed. When using pyrometers to detect temperature, having a clearer view channel into the hot surface/objects is critical. Because of the lack of a clear view route, the temperature output can be significantly lower than the actual temperature of the surface or objects. These are restraining the market. However, the market's growth pace would be hampered by high operational and investment expenditures. Furthermore, industrial settings may impact pyrometer temperature values, posing a significant market issue. In addition, the demand for knowledge of surface technical details will stymie market expansion.
Temperature measurement that is accurate and dependable is critical in the forging industry since it has a direct impact on product quality. The key metals that need temperature measurement during forging applications include iron, steel, aluminum, and alloys. As per the Association of Indian Forging Sector, the Indian forging industry contributes 60-70 percent of forging manufacturing to the USD 57 billion Indian automobile industry. Pyrometers are being used in a number of forging applications, which is expanding the pyrometer industry's market.
The Global Pyrometer Market is Segmented on the basis of Wavelength, End User, And Geography.
Based on Wavelength, the market is bifurcated into Single wavelength, and Multiwavelength. The Multiwavelength segment is likely to increase rapidly. These are suited for high-temperature measurements on materials with limited heat radiation and provide real-time temperature readings. They can also measure single, dual, and multi-wavelength temperature measurements at the same time. Multiwavelength pyrometers are used in a wide range of metal processing plants, including galvanized/gal annealed steel, quench aluminum extrusion, and strip, among others.
Based on End User, the market is bifurcated into Glass, Ceramics, and Metal processing. The Metal Processing segment is likely to rise at a faster CAGR. Pyrometers are used in a variety of metal processing sectors, including rolling, forging, extrusion, and more. Furthermore, due to their strong, accurate, and autonomous temperature measurement capabilities, metal industries are pursuing more pyrometer equipment than other temperature monitoring options such as thermocouples.
Based on Geography, the Global Pyrometer Market is classified into North America, Europe, Asia Pacific, and Rest of the world. In terms of revenue, Asia Pacific (APAC) held the largest share in the global Pyrometer Market in 2016. The market growth in this region can be attributed to increasing temperature sensing demand among various end-use industries and rising industrialization & urbanization across different parts of Asia Pacific. Within the Asia Pacific, China and India held the major market revenue share due to growing demand for robust temperature measurement devices and increasing automation in the industrial sector. Moreover, the growing demand for industrial automation is also driving the Pyrometer Market.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.