Declining by 2.6% in 2020 Amid the COVID Impact, Global Pyrometers Market Projected to Reach US$871 million by 2027
Industry Experts, Inc. unveiled the market research report on Pyrometers. The report entitled " Pyrometers – A Global Market Overview " reveals that the Asia-Pacific is estimated the largest market in 2021 with US$228.9 million, forecast to be US$240.1 million in 2022, and the region is also expected to witness the fastest growth with a CAGR of 8.7% during the period 2021-2027. The market for Pyrometers that are widely used for sensing and monitoring extremely high temperatures remotely, also underwent a decline between 2019 and 2020 due to lack of demand. The primary sectors where these devices are used include the Ceramics, Glass and Metal Processing industries, which slowed or closed operations in several regions. Apart from Asia-Pacific, all the other major regions posted declines during the pandemic period, with recovery being possible only towards the middle of 2021 as the effect of the virus was able to be controlled with newly developed vaccines. Over the coming yea...