12-Oct-2021 | Zion Market Research
As per the research based on Zion Market Research study, Thermocouples & High-End Optical Pyrometer Market gathered revenue about US$ 21.2 billion in 2020 and is set to garner revenue of approximately US$ 51.3 billion by 2028. The Thermocouples & High-End Optical Pyrometer Market is projected to register highest gains of approximately 5.2% in 2021-2028. Massive utilization of thermocouples and high-end optical pyrometers as temperature sensors in various production activities is projected to generate new growth avenues for thermocouples & high-end optical pyrometer market. In addition to this, large-scale use of these products in gas appliance safety, power & energy, steel, and manufacturing sectors are likely to drive industry trends. Apparently, thermocouples are used more often as vacuum gauge and offers benefits including quick response times and wide temperature ranges. Pyrometers are devices that are used for measuring extreme temperatures. These beneficial features of thermocouples and pyrometers will culminate into humungous expansion of thermocouples & high-end optical pyrometer market in coming years. Furthermore, wide application of thermocouples and pyrometers in furnaces, temperature regulating rooms in houses, and boilers will bolster market size.
Need For Enhanced Reliability & Ease Of Use To Drive Market Value
Growth of thermocouples & high-end optical pyrometer market over assessment period is subject to user-friendly features and effective use of thermocouples and high-end optical pyrometers in manufacturing industry. Apart from this, rise in automation activities across spectrum of industries will translate into rampant expansion of thermocouples & high-end optical pyrometer industry. Rise in awareness regarding safety, quality, and security of equipment in manufacturing sector will spur business landscape.
North American Market To Expand Leaps & Bounds By 2028
Expansion of thermocouples & high-end optical pyrometer industry in North America can be driven by huge presence of established players as well as new entrants in countries such as the U.S. Apart from this, rise in use of automated equipment as well as robots in production entities in manufacturing activities in countries such as the U.S. and Canada will increase product penetration in region over ensuing years.
Key players influencing growth of thermocouples & high-end optical pyrometer market and profiled in study include Maxim Integrated Products, CTS Corporation, Texas Instruments, Spectrodyne, Honeywell Inc., Pyrometer Instrument Company, Omega Engineering, Conax Buffalo Technologies, Micron Technology, Watlow Electric Manufacturing Company, Inc., Marsh Bellofram, Williamson Corporation, Sensata Technologies, Innovative Sensor Technology IST AG, Wilcon Industries, STMicroElectronics N.V., Measurement Specialties Inc., STMicroelectronics NV, Yamari Industries, and Microchip Technology.
Browse the full “Thermocouple & High-End Optical Pyrometer Market- By Product Type (K, C, E, R, S, T, M, N & B-Type Thermocouples And Single Range, Triple Range, Double Range & High-End Optical Pyrometer), By Application (Automotive, Petrochemical, Aerospace & Defense, And Consumer Utility), And By Region- Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021 – 2028.” Report at https://www.zionmarketresearch.com/report/thermocouples-high-end-optical-pyrometer-market
The global Thermocouple & High-End Optical Pyrometer Market is segmented as follows:
By Product Type
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