Posted By Coherent Market Insights
Posted on October 4, 2021

A new study on the Infrared Thermometer Market makes a detailed assessment of current opportunities, upcoming revenue areas, and current and projected valuations of various segments in the market, gauging the economic impact of COVID-19. The assessments that span several pages include identifying key growth drivers, restraining factors, major revenue-boosting trends, and upcoming avenues. The report incorporates a broad evaluation of different methods like combinations and acquisitions, thing headways, and investigation and enhancements embraced by observable market pioneers to stay at the front line in the overall market. The dynamics of the global Infrared Thermometer market are correlated with an evaluation of the strategic landscape of various regional markets, key regulatory challenges, macroeconomic dynamics, and the effect of COVID-19 on communities worldwide.
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The Infrared Thermometer market is witnessing the fastest growth in the Asia Pacific region and this can be accredited to the growing aging population in the region which is driving demand for healthcare services. Japan has the highest growing aging population in the country. According to the Statistics Bureau, Ministry of Internal Affairs and Communications, in 2019, the aged population (65 years old and over) was 35.89 million, constituting 28.4 percent of the total population (i.e., 1 in every 4 persons) and marking a record high in Japan.
The rise in prevalence of infectious disease and increase in the demand for the product for newborns as children cannot hold the contact thermometer is playing a key role in the overall development of the infrared thermometer market. According to the World Health Organization, HIV, tuberculosis, malaria, neglected tropical diseases, and viral hepatitis affects billions of people around the world and causes more than 4 million deaths each year. The high demand for non-contact detection body temperature due to the outbreak of the COVID-19 pandemic in recent times has also boosted the growth of the infrared thermometer market. On the other hand, the high cost of the device is expected to act as a restraining factor for the infrared thermometer market.
An infrared thermometer infers temperatures from a specific portion of the radiant radiation generated by the object to be measured, sometimes called “black-body radiation”. It works exactly like a standard thermometer, the only difference being that it uses infrared light to measure the temperature. Infrared light is emitted by objects when their temperature rises above about 2500 K (that is, nearly pure energy) and this light is detected by an infrared thermometer. There are basically three types of infrared thermometers available on the market today. One uses a quartz tube to emit infrared light and another uses an aluminum plate with a hole in it, emitting infrared radiation. The third type has a sensor that is sensitive enough to detect changes in the amount of infrared radiation emitted.
Major Players in Infrared Thermometer Market
Exergen Corporation., Ra Lifecare Pvt Ltd., OMRON Corporation, OMEGA Engineering inc., Morepen laboratories Limited, AMETEK Land (Land Instruments International), CP PLUS International, MGL Euman, Fluke Corporation, and SG Corporate Mobility Pvt Ltd.
Key Developments:
In January 2021, Fitgo launches the latest technology range of infrared thermometers. The products are available in India and abroad both on and offline
In May 2020, Segun Life has partnered with TCL to launch an infrared thermometer to aid COVID-19 in India. The thermometer comes with an HD LCD display with vibration alert and accurate ergonomic measurements
In June 2020, DetelPro announced the launch of its ‘Make in Bharat’ reportedly the world’s most low-cost infrared thermometer (DT09). The company has launched this product with the objective of accelerating the penetration of digital thermometer to each and every household amid the pandemic situation
In June 2020, Astrum expanded its health category with the launch of Infrared Thermometer GF-Z99Y in India
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Infrared Thermometer Market insights will improve the revenue impact of businesses in various industries:
• providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Infrared Thermometer Market
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• assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• provides an understanding of disruptive technology trends to help businesses make their transitions smoothly
• helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising growth for top players aiming to retain their leadership position in the market & supply-side analysis of the Infrared Thermometer market.
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- Investment trends of top industry stakeholders
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- Share of the leading regional markets in the global Infrared Thermometer market
- Size of opportunities in emerging regional markets
- New business models that will gather traction in the near future
- Patents and research investments that may change the course of the Infrared Thermometer market
- End-use industries where the demand may gain rapid traction
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In conclusion, the Infrared Thermometer market report presents the descriptive analysis of the parent market supported elite players, present, past, and artistic movement information which is in a position to function as a profitable guide for all the Infrared Thermometer industry business competitors. Our expert research analyst’s team has been trained to supply in-depth marketing research reports from every individual sector which can be helpful to know the industry data within the most precise way.
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