The global temperatue monitoring device market is projected to witness a CAGR of XX% during the forecast period to reach a total market size of US$XXXX million by 2023, increasing from US$ XXX million in 2017. Temperature monitoring devices are complex system assembled with the different electronic devices comprising of temperature sensor, display system, transducer and alarm system. Temperature sensors measure the amont of heat energy or even coldness that is generated by an object or system, allowing to sense or detect any physical change to that temperature producing either and analouge or digital output. The growth of temperature monitoring devices are direclty related to the application area. There is large requirement of temperature measuring devices in health care, industrial and other sectors as well.
In terms of end user of temperature monitoring device, the global market is segmented as pharmaceutical, manufacturing, chemical, automotive, food and beverages, oil and gas and others where others include logistic and agriculture.
Gegraphically, the global temperature monitoring market is segmented as North America, Europe, Middle East & Africa, Asia -Pacific and South America. High adoption rates of temperature monitoring devices is anticipated in North America and Europe owing to maturity in manufacturing industry.
The global temperature monitoring market is competitive owing to the presence of the well diversified global and regional players. However, some big international players dominate the market with their advancement in technology of transducer, sensors, accuracy and their price. Major players in the temperature monitoring devices are Fluke Process Instruments, DeltaTrak, Inc., Banner Engineering Corporation, Cooper-Atkins Corporation, Imec Messtechnik GmbH, KTR Kupplungstechnik GmbH, Physitemp Instruments, Inc., Emerson Electric Company, Vaisala Oyj and Meco Instrument Pvt. Ltd.
Global temperature monitoring device market is segmented on by sensor type, end user, and by geography.
By Sensor type
Resistance temperature Detectors
By End User
Food and Beverage
Oil and Gas
Middle East and Africa
Key Questions answered by the report
What is the global temperature monitoring device market size from 2018 to 2023?
How are the major drivers and restraints affecting the global temperature monitoring device market and the opportunities which exist for the key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants behavior
Key strategies being adopted by vendors, with in-depth analysis of their impact on competition and market growth.