Infrared Thermometers Market to grow by $ 308.27mn|Key Drivers and Trends|Technavio
According to Technavio, the infrared thermometers market size is expected to value at $ 308.27 mn during 2021-2025. The market sizing analysis in the report reveals that the market growth will progressing at a CAGR of over 16%. The report offers exclusive detailed COVID-19 impact study, which majorly highlights vendor performance and new business opportunities during and post pandemic period.
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Infrared Thermometers Market Trends & Drivers
The infrared thermometers market research report has a detailed analysis on the key drivers, trends, and challenges, which will help vendors in making important business decisions and modifications to cater to the changing consumer demand. While it is essential to capitalize on key drivers such as increasing prevalence of contagious and chronic diseases, it is also crucial to understand the challenges that will impede sales during the forecast period. Identifying and addressing market growth challenges will create additional opportunities for the existing and new market players.
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The infrared thermometers market has also explored key trends such as high level of accuracy of infrared thermometer, which will have a significant positive impact on the market growth over the forecast period. A thorough study of the market trends will enable vendors to understand demographics effectively, which can be used to further product and service innovation.
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Infrared Thermometers Market: Segmentation Analysis
This market research report segments the infrared thermometers market by Type (Non-contact infrared thermometers and Contact infrared thermometers) and Geography (North America, Europe, APAC, South America, and MEA).
The North America region led the infrared thermometers market in 2021, followed by Europe, APAC, South America, and MEA respectively. During the forecast period, the North America region is expected to register the highest incremental growth due to factors such as .
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A few of the key topics covered in the report include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
