The global non-contact temperature measurement instrument market was valued at USD 728.3 million in 2018 and is expected to reach USD 1,059.0 million in 2026, growing at a CAGR of 4.9% during the forecast period. Non-contact temperature measurement instruments are temperature measurement instruments that operate on the principle of infrared radiation, i.e. they detect infrared radiation of objects to determine the temperature. Non-contact temperature measurement instrument, such as broadband radiation thermometers, narrow band radiation thermometers, ratio radiation thermometers, and fibre optic radiation thermometers also known as infrared (IR) thermometers, measure temperature from a distance. Demand for higher accuracy and efficiency of temperature measurement in end-use industries is driving the demand of non-contact temperature measurement instruments market.
In high temperature applications, such as germ extermination from medical apparatus, which can require reaching temperatures of 300-350 °F, a non-contact temperature measuring instrument can be placed and monitored over a long period of time. Global non-contact temperature measurement industry is driven by tremendous demand from end-use industries such as oil & gas, metal & mining, and energy & power among others. Fixed mount non-contact temperature measurement products are finding increasing application in multiple industrial sectors which is further propelling the demand for non-contact temperature measurement. However, fluctuations in the temperature measurement owing to the external disturbances, which is anticipated to hinder the market growth during the forecast period. On the other hand, demand from emerging economies such as China and India are expected to offer numerous growth opportunities in the near future.
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