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Handheld Pyrometer Market Valuation Poised to Reach US$ 415.0 Million by 2032 | Astute Analytica

Handheld Pyrometer Market Valuation Poised to Reach US$ 415.0 Million by 2032 | Astute Analytica
The demand for handheld pyrometers is experiencing robust growth, driven by the need for precise and accurate temperature measurements in various...

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The global handheld pyrometer market is expected to experience significant growth, with projections indicating an expansion from US$ 263.0 million in 2023 to US$ 415.0 million by 2032, reflecting a CAGR of 5.2%. The demand for handheld pyrometers has surged across various manufacturing industries and other sectors due to technological advancements and the push towards Industry 4.0. The Asia Pacific market has shown significant growth, holding over 40% of the global handheld pyrometer market share in 2023, driven by expanding industrial sectors in countries like China, India, and Japan. Infrared handheld pyrometers have seen a marked increase in demand compared to optical handheld pyrometers due to several key factors, including speed, efficiency, and versatility. The metal processing industry is a market leader in the handheld pyrometer market, driven by technological advancements in metal fabrication and the integration of Internet of Things (IoT) devices. The Asia Pacific manufacturing boom is driving demand for handheld pyrometers, contributing over US$ 111.8 million in revenue. The top 7 players control more than 38% of the market share, with Proxitron GmbH leading the market with more than 10.25% market share. The global handheld pyrometer market is expected to grow steadily, driven by the increasing demand for non-contact temperature measurement in industries like metal processing, glass, and ceramics. For more information, visit Astute Analytica's website.

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