Infrared Thermometers Market Size, Share, Growth Analysis, By Type(Fixed, Portable Thermometers), By Component(Optical, Display & Interface Units), By Application(Medical, Non-medical), By End-use(Residential, Commercial, Healthcare, Food & Beverage), By Region - Industry Forecast 2024-2031

Infrared Thermometers Market size was valued at USD 823 million in 2019 and is poised to grow from USD 900 million in 2023 to USD 1690 million by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).

An infrared thermometer is the temperature-estimating gadget that identifies temperatures with the assistance of infrared sensor, which switches infrared sign over completely to electrical displays and signal the outcome in units of temperature. Infrared thermometers are intended for contact or non-contact reason. These assist with checking the surface temperature for modern industrial appliances. The foremost uses that has made the infrared thermometer, so popular in the market are its dependability, linearity, cost-viability and numerous others.

The companies involved in the manufacturing of Infrared Thermometers are now focusing on maximizing the accuracy, which will provide more accurate results. This development will help the Infrared Thermometer to penetrate more in the market. The Infrared Thermometer finds their applications in diverse sectors such as medical ,industrial, food & beverages, pharmaceutical and many others.

The main factors driving the market's development incorporate the rising number of coronavirus patients and the rising acceptance of infrared thermometers across the construction applications and manufacturing sector. The infrared thermometer market generated the highest ever revenue in 2019 during the pandemic, compared to the one assessed before the pandemic.

US Infrared Thermometers Market  is poised to grow at a sustainable CAGR for the next forecast year.