Global Radiometric Temperature Sensors Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Radiometric Temperature Sensors industry revenue is expected to be around $1018.7 million in 2025 and expected to showcase growth with 5.1% CAGR between 2025 and 2034. The thriving progress of the temperature sensor market can be attributed to three main factors driving its growth; the expanding use in different industry sectors the ongoing advancements in technology and the increasing demand for accurate temperature readings. With their ability to provide temperature measurements without physical contact these sensors support improved operational efficiency and control making them increasingly important in industries like food and beverage, oil and gas and manufacturing, among others. The enduring importance of these factors continues to be supported by developments in technology that are expected to open up new opportunities for application areas and sustain a consistent growth, in the market.
Infrared temperature sensors stand out for their capability to measure temperature without making contact with the object being monitored-thus preserving the objects temperature integrity and providing precise readings from a distance These sensors are commonly used in high temperature settings and areas that are difficult to access or possibly dangerous due to automation and digital advancements in various industries leading to an increased need for such devices, in recent times.
Market Key Insights
- The Radiometric Temperature Sensors market is projected to grow from $969.3 million in 2024 to $1.59 billion in 2034. This represents a CAGR of 5.1%, reflecting rising demand across Industrial Process Control, Aerospace & Defense and Healthcare & Medical Devices.
- Fluke Corporation, Micro-Epsilon, Optris GmbH are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Radiometric Temperature Sensors market and are expected to observe the growth CAGR of 3.3% to 4.9% between 2024 and 2030.
- Emerging markets including India, Brazil and Indonesia are expected to observe highest growth with CAGR ranging between 5.9% to 7.0%.
- Transition like Industrial Automation has greater influence in U.S. and China market's value chain; and is expected to add $37 million of additional value to Radiometric Temperature Sensors industry revenue by 2030.
- The Radiometric Temperature Sensors market is set to add $625 million between 2024 and 2034, with manufacturer targeting Industrial Process Control & Environmental Monitoring Application projected to gain a larger market share.
- With Increasing automation in industries, and Growth in iot and smart homes, Radiometric Temperature Sensors market to expand 64% between 2024 and 2034.