Global Pyrometer Market Growth

Posted by Harleen Kaur on March 26th, 2018

The Global Pyrometer Market size is predicted to attain 8 million by 2023, growing at an industry growth of 6.6% CAGR during the forecast period. The factors driving the progress of the market are raising automation in the industrial sector as well as increasing demand for robust temperature measurement products in sensitive industries. It is now observed that most of the processes as well as systems within the manufacturing sector are automated, and accurate temperature measurement with pyrometer is one such process. The forging organizations prefer robust, accurate, and standalone temperature measurement device including pyrometer. Within the metal processing industry, pyrometers are widely used in calculating temperatures at various levels of various process which includes forging, rolling, extrusion, and die forming. The adoption of pyrometer would witness rapid growth throughout the forecast period, as a result, offering significant opportunities for market participants. Fixed mount pyrometers are commonly used in locations to continuously monitor the temperature of a target or surface.

According to a new report Global Pyrometer Market, published by KBV research, the Global Pyrometer Market size is expected to attain 8 million by 2023, increasing at industry growth of 6.6% CAGR during the forecast period.

The Europe market holds the largest market share in Global Metal Processing Pyrometer Market by Region in 2016, and also would continue to be a dominant market till 2023; growing at a CAGR of 4.9 % during the forecast period. The North America market is expected to witness a CAGR of 6.8% during (2017 – 2023) in Global Ceramics Industry Pyrometer Market. Additionally, The Asia Pacific market seems to witness a CAGR of 8.9% during (2017 – 2023) in Global Glass Industry Pyrometer Market.

The Infrared market can hold the largest market share in Global Pyrometer Market by Technology in 2016, and would continue to be a dominant market till 2023. The Optical market would garner market size of 5.2 million by 2023.

The Fixed market holds the largest market share in Global Pyrometer Market by Type in 2016, and would continue to be a dominant market for 2023. The Handheld market is predicted to witness a CAGR of 8.9% during (2017 – 2023).

Full Report: https://kbvresearch.com/pyrometer-market/