Temperature Monitoring Systems Market

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. 

The report contains data validated by the industry experts and contains a thorough analysis of the market drivers and opportunities that will contribute to market growth. The report also utilizes advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape and overall Temperature Monitoring Systems industry. It also covers the strategic initiatives undertaken by the key companies to offer the readers opportunities to capitalize on emerging growth opportunities.

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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.

Temperature Monitoring Systems Market Segmentation:

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
      1. Conventional Temperature Monitoring Systems
      2. Wireless Temperature Monitoring Systems
      3. Temperature Measuring Strips and Labels
    • Non-contact-based Temperature Monitoring System
      1. Thermal Imagers
      2. Pyrometers & IR Thermometers
      3. 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
    • 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 Segmentation of the Market:

  • North America (U.S.., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Major Objectives of the Study:

  • To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
  • Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
  • Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
  • Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
  • Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2018-2028
Chapter 3. Key Insights
Chapter 4. Global Temperature Monitoring Systems Market Segmentation & Impact Analysis
    4.1. Global Temperature Monitoring Systems Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing demand for non-contact-based temperature monitoring systems.
                    4.2.2.2. Rising focus on technological research and development
          4.2.3. Market restraints analysis
                    4.2.3.1. High risk of contamination associated with mercury-based thermometers.
                    4.2.3.2. High cost of temperature monitoring devices.
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs