The global IR Temperature Sensor market was valued at US$ 102.8 million in 2023 and is projected to reach US$ 174 million by 2030, at a CAGR of 2.9% during the forecast period.
| Market Size in 2023 | US$ 102.8 Million | Forecast Market Size By 2030 | US$ 174 Million |
|---|---|---|---|
| Growth Rate | CAGR of 2.9% | Number of Pages | 200+ Pages |
An IR (infrared) temperature sensor is a non-contact sensing device that measures the temperature of an object or surface using infrared radiation emitted by the object. The sensor detects the amount of infrared energy emitted by the object and converts it into a temperature measurement based on the principle that hotter objects emit more infrared energy.
This research report provides a comprehensive analysis of the IR Temperature Sensor market, focusing on the current trends, market dynamics, and future prospects. The report explores the global IR Temperature Sensor market, including major regions such as North America, Europe, Asia-Pacific, and emerging markets. It also examines key factors driving the growth of IR Temperature Sensor, challenges faced by the industry, and potential opportunities for market players.
The global IR Temperature Sensor market has witnessed rapid growth in recent years, driven by increasing environmental concerns, government incentives, and advancements in technology. The IR Temperature Sensor market presents opportunities for various stakeholders, including Oil & Gas, Chemical. Collaboration between the private sector and governments can accelerate the development of supportive policies, research and development efforts, and investment in IR Temperature Sensor market. Additionally, the growing consumer demand present avenues for market expansion.
Key Features:
The research report on the IR Temperature Sensor market includes several key features to provide comprehensive insights and facilitate decision-making for stakeholders.
- Executive Summary: The report provides overview of the key findings, market trends, and major insights of the IR Temperature Sensor market.
- Market Overview: The report provides a comprehensive overview of the IR Temperature Sensor market, including its definition, historical development, and current market size. It covers market segmentation by Type (e.g., Contact IR Temperature Sensor, Non-contact IR Temperature Sensor), region, and application, highlighting the key drivers, challenges, and opportunities within each segment.
- Market Dynamics: The report analyses the market dynamics driving the growth and development of the IR Temperature Sensor market. The report includes an assessment of government policies and regulations, technological advancements, consumer trends and preferences, infrastructure development, and industry collaborations. This analysis helps stakeholders understand the factors influencing the IR Temperature Sensor market’s trajectory.
- Competitive Landscape: The report provides an in-depth analysis of the competitive landscape within the IR Temperature Sensor market. It includes profiles of major market players, their market share, strategies, product portfolios, and recent developments.
- Market Segmentation and Forecast: The report segment the IR Temperature Sensor market based on various parameters, such as by Type, region, and by Application. It provides market size and growth forecasts for each segment, supported by quantitative data and analysis. This helps stakeholders identify growth opportunities and make informed investment decisions.
- Technological Trends: The report should highlight the key technological trends shaping the IR Temperature Sensor market, such as advancements in Type One technology and emerging substitutes. It analyses the impact of these trends on market growth, adoption rates, and consumer preferences.
- Market Challenges and Opportunities: The report identify and analyses the major challenges faced by the IR Temperature Sensor market, such as technical bottleneck, cost limitations, and high entry barrier. It also highlights the opportunities for market growth, such as government incentives, emerging markets, and collaborations between stakeholders.
- Regulatory and Policy Analysis: The report should assess the regulatory and policy landscape for IR Temperature Sensor, including government incentives, emission standards, and infrastructure development plans. It should analyse the impact of these policies on market growth and provide insights into future regulatory developments.
- Recommendations and Conclusion: The report conclude with actionable recommendations for stakeholders, such as Application One Consumer, policymakers, investors, and infrastructure providers. These recommendations should be based on the research findings and address key challenges and opportunities within the IR Temperature Sensor market.
- Supporting Data and Appendices: The report include supporting data, charts, and graphs to substantiate the analysis and findings. It also includes appendices with additional detailed information, such as data sources, survey questionnaires, and detailed market forecasts.
Market Segmentation
IR Temperature Sensor market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Contact IR Temperature Sensor
- Non-contact IR Temperature Sensor
Market segment by Application
- Process Monitoring & Control
- Non-contact Temperature Measurement
- Medical Temperature Sensing
- HVAC System Control
- Research & Development
- Others
By End-Use Industry
- Automotive
- Aerospace & Defense
- Healthcare
- Industrial
- Consumer Electronics
- Oil & Gas
- Food & Beverages
- Others
Industrial: The industrial segment holds a significant share of the IR temperature sensor market, accounting for around 30-40% of the total market. This includes manufacturing, process control, and automation applications where temperature monitoring is crucial for quality control and efficiency.
Medical: The medical segment is another major end-user of IR temperature sensors, representing about 20-30% of the market. This includes applications like contactless temperature measurement in hospitals, clinics, and other healthcare facilities.
HVAC and Building Automation: Heating, ventilation, and air conditioning (HVAC) systems, as well as building automation, utilize IR temperature sensors for monitoring and control purposes. This segment accounts for approximately 15-25% of the market.
Consumer Electronics: IR temperature sensors are increasingly used in consumer electronics like smartphones and wearable devices for temperature measurement and health monitoring. This segment constitutes roughly 10-20% of the market.
Other Applications: The remaining market share (5-15%) is divided among other applications such as automotive, aerospace, and defense, where IR temperature sensors are employed for various purposes.
Global IR Temperature Sensor Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Major players covered
- ABB Limited(Switzerland)
- Analog Devices(US)
- Honeywell International(US)
- Maxim Integrated Products(US)
- Siemens(Germany)
- TE Connectivity(Switzerland)
- Texas instruments(US)
- Amphenol Corporation(US)
- Bosch(Germany)
- Conax(Norway)
- Delphi(US)
- Emerson Electric Corporation(US)
- Microchip Technology(US)
- NXP Semiconductors N.V.(Netherlands)
- Panasonic Corporation(Japan)
- Stmicroelectronics(Switzerland)
- Omega Engineering(US)
- Dorman(US)
- Kongsberg Gruppen(Norway)
- Renesas Electronics Corporation(US)
Key Drivers:
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Growing demand for non-contact temperature measurement: IR temperature sensors offer non-contact temperature measurement, which is driving their adoption in various applications such as industrial process control, HVAC systems, and medical devices.
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Increasing automation in various industries: The increasing automation in industries such as automotive, manufacturing, and food and beverage is driving the demand for IR temperature sensors for process monitoring and control.
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Technological advancements: Advances in IR temperature sensor technology, such as the development of miniaturized and low-cost sensors, are driving their adoption in various applications.
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Expansion into new markets: The IR Temperature Sensor Market is expanding into new markets such as smart homes and wearable devices, providing additional growth opportunities.
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Growing demand for energy-efficient devices: IR temperature sensors are energy-efficient compared to traditional temperature sensors, which is driving their adoption in various applications where energy efficiency is a concern.
Restrains:
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Accuracy and calibration challenges: IR temperature sensors can be affected by various environmental factors such as humidity, dust, and smoke, which can impact their accuracy and require frequent calibration.
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Range limitations: IR temperature sensors have a limited range compared to traditional contact-based temperature sensors, which could limit their adoption in some applications.
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High costs: IR temperature sensors can be expensive compared to traditional temperature sensors, which could limit their adoption in some cost-sensitive markets.
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Complexity of design and integration: The design and integration of IR temperature sensors can be complex and time-consuming, which could limit their adoption in some markets.
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Competition from alternative technologies: IR temperature sensors face competition from alternative temperature sensor technologies such as thermocouples and RTDs, which could impact their adoption in some applications.
