The Global Temperature Monitoring Systems Market report, released by Emergen Research, provides the target audience with the key information pertaining to the global Temperature Monitoring Systems Market industry. We provide detailed product mapping and investigation of various market scenarios.
Our expert analysts provide a thorough analysis and breakdown of the market presence of key market leaders. We strive to stay updated with the recent developments and follow the latest company news related to the industry players operating in the global Temperature Monitoring Systems market. This helps us to comprehensively analyse the individual standing of the companies as well as the competitive landscape. Our vendor landscape analysis offers a complete study to help you gain the upper hand in the competition.
The Global Temperature Monitoring Systems Market size is expected to reach USD 6.23 Billion in 2028 at a steady CAGR, according to latest analysis by Emergen Research. Major factors driving market revenue growth are increasing adoption of temperature monitoring systems across a wide range of end-use sectors, technological advancements in temperature monitoring technology, rising investment for technological research activities, and growing demand for advanced temperature monitoring devices. Temperature monitoring system helps to capture fluctuations of a patients’ body temperature or monitor indoor climatic conditions and provides timely notifications.
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These systems are used in a wide range of industries such as food processing, healthcare, pharmaceutical, and biotechnology companies. Rapid advancements of technologies such as implementation of IoT and wireless technology in temperature measurement systems has made it easier to install, maintain controlled indoor climate, and manage these systems remotely from anywhere. Growing demand for contactless thermometers in the healthcare industry is expected to continue to drive market growth going ahead.
Some Key Findings From the Report:
- In May 2020, Zook introduced a medical-grade thermometer named Infra Temp. This device offers contactless temperature recording of a patient in less than one second.
- Non-contact-based temperature monitoring system segment revenue is expected to register a 3.9% CAGR throughout the forecast period. This can be attributed to growing requirement for continuous temperature measurement during manufacturing or research and development activity in various application sectors.
- Asia Pacific is expected to register the fastest revenue CAGR throughout the forecast period, which can be attributed to rapid development in e-commerce and industrial sectors, and increasing number of healthcare facilities.
- Key players operating in the market are 3M, Abb Ltd., Deltatrack, Emerson Electric, Fluke Corporation, Honeywell, Monnit Corporation, Omega Engineering, Rees Scientific, and SensoScientific, Inc.
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For the purpose of this report, Emergen Research has segmented the global temperature monitoring systems market based on product, technology, application, end-use, and region:
Product Outlook (Revenue, USD Billion; 2018–2028)
- Contact-based Temperature Monitoring Systems
- Conventional Temperature Monitoring Systems
- Wireless Temperature Monitoring Systems
- Temperature Measuring Strips and Labels
- Non-contact-based Temperature Monitoring System
- Thermal Imagers
- Pyrometers & IR Thermometers
- Fiber Optic Thermometers
Technology Outlook (Revenue, USD Billion; 2018–2028)
- Analog
- Digital
Application Outlook (Revenue, USD Billion; 2018-2028)
- Greenhouse
- Cold Storage
- Hospital Room and Patient Monitoring
- Laboratory Temperature
- Manufacturing Area
- Others
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End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Healthcare and Life Science Facilities
- Medical Device Manufacturing Companies
- Pharmaceutical and Biotechnology Companies
- Chemical and Petrochemical Manufacturers
- Energy and Power Generation Companies
- Food and Beverage Product Manufacturers
- Others
Regional Outlook (Revenue: USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- BENELUX
- Italy
- Spain
- Switzerland
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of MEA
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Elucidating the competitive landscape of the Global Temperature Monitoring Systems Market:
- The global Temperature Monitoring Systems market report offers viable insights into the competitive spectrum of the Temperature Monitoring Systems business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
- It offers critical data & information about the product application scope and the end-user landscape.
- The study provides salient information about the pricing models of the products offered by these companies. Moreover, it determines the gross profits and losses experienced by them throughout their market tenures.
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