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High End Optical Pyrometer Market worth $ 238.17 Million by 2020

Major players in the Thermocouples and Optical Pyrometer market include:Honeywell International Inc. (U.S.), Omega Engineering Inc. (U.S.), Raytek Corp. (U.S.), LumaSense Technologies Inc. (U.S.), ABB Ltd. (Switzerland), Land Instruments Inc. (U.K.), and so on.

Thermocouple is the most widely used temperature sensing device since its inception. The advantages are: wide temperature range, fast response, self-powered, highly versatile, inexpensive, simple in construction and unaffected by vibrations make it highly relevant for numerous applications. Looking at the industrial sector, there is an enormous scope for optical pyrometer. Due to its non-contact type of sensing, it gives accurate reading and can work onextremely high temperature. The boilers, furnaces, the temperature controlled room and other such systems in industries are the major force behind the use of Thermocouples and Optical Pyrometer. The market of contact type temperature sensors, that is steady and is growing with a CAGR of 3.70% from 2014 to 2020. However, the demand of non-contact type temperature sensors,that is; Optical Pyrometer is growing day by day with a higher CAGR of 13.81% from 2014 to 2020.

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Thermocouples and Optical Pyrometer are available in the market by various types such as K, T, C, M, E, N, R, B, and S type Thermocouples and single range, double range, triple range, and high end Optical Pyrometer. The market serves a vast range of application industrywhich includes: automotive, petrochemical, consumer utility, glass, aerospace & defense, and others. The demand is growing rapidly across various geographies such as North America, Europe, APAC, and RoW.

Product Type: It includes K, T, C, M, E, N, R, B, and S type Thermocouples and single range, double range, triple range, and high end Optical Pyrometer.

Application:It is further segmented on the basis of applications industries including automotive, petrochemical, consumer utility, glass, aerospace & defense, and others.

Geography: It gives an in-depth description of market by geography, which is divided into four major segments whichinclude: Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

Browse 34 market data tables and 46 figures spread through 160 Slides and in-depth TOC on "Thermocouples and High End Optical Pyrometer Market"

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The Thermocouples & High End Optical Pyrometers Market entails a great potential across many application segments. The Thermocouple market is a stable market; however, the potential for Optical Pyrometers is very high in the current situation, due to the continuous automation of the processes in the industries. Due to the increase in the importance of safety, security, and quality issues laid on the manufacturing and other sectors of industry, the Thermocouples and Optical Pyrometers Market is also growing at a very fast pace. The Thermocouples and Optical Pyrometers market is the one that will be the captivating essentials for new entrants as well as winning opportunities for the established players. The report also includes an in-depth analysis of product type, application, and geography. 

This report describes the market trends, drivers, and challenges with respect to the Thermocouples and Optical Pyrometers Market and forecasts the market to 2020. This global report gives a detailed view of the market across geographies - North America, Europe, APAC, and RoW. North America and Europe are the largest geography in terms of the Thermocouples and Optical Pyrometers market value. APAC has been identified as the fastest growing region, while the ROW also impetus to the growth. The report profiles 25 promising players in the Thermocouples and Optical Pyrometers market ecosystem.

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The competitive landscape of the market presents a very interesting picture, where new product development has become the key growth strategy by the big players of the market. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier-one players around the globe. Major players in this Thermocouples and Optical Pyrometers market include Honeywell International Inc. (U.S.), Omega Engineering Inc. (U.S.), Raytek Corp. (U.S.), LumaSense Technologies Inc. (U.S.), ABB Ltd. (Switzerland), Land Instruments Inc. (U.K.), and so on.

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