Europe Infrared Thermometer Market By Type (Fixed Infrared Thermometer and Portable Infrared Thermometer), By Component (Display & Control Units, Electronics, Optical Components and Others), By Application (Non-medical and Medical), By End User (Industrial, Commercial and Residential), By Country, Industry Analysis and Forecast, 2020 - 2026
The Europe Infrared Thermometer Market would witness market growth of 7.8% CAGR during the forecast period (2020-2026).
With an aim to measure temperature with zero physical contact, an infrared thermometer is utilized. An infrared thermometer offers simple usage & accurate readings. This type of thermometer does not take much effort & time for precise adjustment. Temperature measurement is one of the significant devices in order to identify the body temperature of a person with an aim to detect any disease. Normal body temperature is 98.6 F (37C) and fever is a calculated body temperature more than normal. There can be several causes of fevers such as infection, other medical conditions, chronic trauma or injury, & some medicines.
Increasing investment in the healthcare industry & emerging innovations are some of the determinants for the growth of the infrared thermometer market. As a result, gadgets based on infrared thermometer emerged in the market, & the market is further supported by the capabilities of the gadget. Unlike conventional thermometers, Infrared thermometers are proven as an effective tool to provide more accurate results. The IR thermometer market would experience massive popularity & adoption with the increasing reliance of individuals on the IR technology. It finds considerable application in different industries such as the healthcare and veterinary industry, among which the applications of IR thermometer in healthcare sector is among the leading vertical.
The Germany market dominated the Europe Infrared Thermometer Optical Components Market by Country 2019, growing at a CAGR of 7.5 % during the forecast period. The UK market is exhibiting a CAGR of 7.9% during (2020 - 2026). Additionally, The France market is poised to witness a CAGR of 9.4% during (2020 - 2026).
The Non-medical market dominated the Spain Infrared Thermometer Market by Application 2019, thereby, achieving a market value of $40 million by 2026. The Medical market is expected to witness highest CAGR of 11.1% during (2020 - 2026).
Based on Type, the market is segmented into Fixed Infrared Thermometer and Portable Infrared Thermometer. Based on Component, the market is segmented into Display & Control Units, Electronics, Optical Components and Others. Based on Application, the market is segmented into Non-medical and Medical. Based on End User, the market is segmented into Industrial, Commercial and Residential. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Fortive Corporation (Fluke Corporation), Spectris PLC (Omega Engineering), Omron Corporation, Hill-Rom Holdings, Inc., Robert Bosch GmbH, Horiba Ltd., Emerson Electric Co., Chino Corporation, Microlife Corporation (Midas Company Limited), and Optris GmbH.
Scope of the Study
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