Market Overview:
The global digital temperature meters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for handheld type digital temperature meters and the growing application of digital temperature meters in medical and industrial sectors. Based on type, the global digital temperature meters market is segmented into handheld type and non-handheld type. The handheld type segment is further sub-segmented into single-point measurement and multi-point measurement types. The non-handheld type segment includes infrared thermometers, contact thermometers, laser thermometers, and others (pyrometers). In terms of value, the handheld type segment is expected to account for a larger share of the global digital temperature meters market than the non-handheldtype segment duringthe forecast period from 2018to 2030. This can be attributed to their easeof useand portability features that make them suitable for various applications such as home use, industrial use, medical use, food service industryuse etc.
Product Definition:
Digital Temperature Meters are instruments which measure the temperature of a given object or environment and display the result in digital form. They are used for a variety of purposes, including home and industrial temperature monitoring, food safety, HVAC system maintenance, and scientific research. The importance of Digital Temperature Meters cannot be overstated; they provide an essential means of measuring temperature accurately and consistently across a wide range of applications.
Handheld Type:
Handheld type is a device that can be used to measure temperature and other such parameters. It works on the principle of infrared radiation, which is emitted by the source and absorbed by the receiver. The most common form of handheld thermometers are mercury-based or alcohol-based liquid crystal thermometers (LCTH).
Non-Handheld Type:
Non-Handheld Type is also known as Non-Portable Type. It is a device that does not have the capability of measuring and displaying the temperature like handheld devices do, but it has some other special features such as logging or recording data, alarm setting or indication and remote monitoring.
The global non-handheld type market was valued at over USD 1 billion in 2012.
Application Insights:
The others application segment includes automotive, aerospace and defense, oil & gas, and safety applications. The global demand for these devices is increasing in the aforementioned industries due to the need for precise temperature measurement in hazardous areas. For instance, a digital thermometer is used during aircraft manufacturing to maintain the temperature of different parts within a certain range so that they can be assembled safely without causing any damage.
The home use segment held around 60% of the overall share in 2017 owing to increased usage of these products across residential spaces such as kitchen and bathroom fittings. Consumers are opting for advanced products with features such as waterproof casing and larger displays which aid better readability even under sunlight glare conditions compared to their conventional counterparts.
Regional Analysis:
The Asia Pacific region is expected to lead the global market over the forecast period. The growth can be attributed to rising industrialization and increasing number of manufacturing facilities in this region. Furthermore, growing medical tourism in emerging economies such as India, China, Malaysia and Thailand is expected to drive demand for temperature measurement devices in this region. In addition, favorable government policies encouraging investments from various industries are anticipated to boost regional growth during the forecast period.
North America held a significant share of more than 20% in 2016 owing to high demand from residential applications mainly due home heating system.
Growth Factors:
- Increasing demand for digital temperature meters in the automotive industry for testing and calibration of engine cooling systems.
- Growing demand from the HVAC market for accurate and reliable temperature measurement in residential and commercial buildings.
- Rapid adoption of digital temperature meters in food and beverage processing plants to ensure compliance with food safety regulations.
- Rising demand from the medical sector for monitoring body temperatures of patients in hospitals, clinics, and nursing homes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Temperature Meters Market Research Report
By Type
Handheld Type, Non-Handheld Type
By Application
Home Use, Industrial, Medical, Others
By Companies
Ametek, Omron, Braun, OMEGA Engineering, Brannan, Anderson-Negele, Ashcroft, WIKA, Davtron Inc, Fluke Calibration, Ametek, REOTEMP Instruments, Thermco Products, Winters Instruments, Dwyer Instruments, Hioki, PCE Instruments
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Digital Temperature Meters Market Report Segments:
The global Digital Temperature Meters market is segmented on the basis of:
Types
Handheld Type, Non-Handheld Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Industrial, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ametek
- Omron
- Braun
- OMEGA Engineering
- Brannan
- Anderson-Negele
- Ashcroft
- WIKA
- Davtron Inc
- Fluke Calibration
- Ametek
- REOTEMP Instruments
- Thermco Products
- Winters Instruments
- Dwyer Instruments
- Hioki
- PCE Instruments
Highlights of The Digital Temperature Meters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld Type
- Non-Handheld Type
- By Application:
- Home Use
- Industrial
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Temperature Meters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital temperature meters are devices that measure the temperature of an object. They can be used to measure the temperature of a room, object, or fluid.
Some of the major players in the digital temperature meters market are Ametek, Omron, Braun, OMEGA Engineering, Brannan, Anderson-Negele, Ashcroft, WIKA, Davtron Inc, Fluke Calibration, Ametek, REOTEMP Instruments, Thermco Products, Winters Instruments, Dwyer Instruments, Hioki, PCE Instruments.
The digital temperature meters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Temperature Meters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Temperature Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Temperature Meters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Temperature Meters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Temperature Meters Market Size & Forecast, 2018-2028
4.5.1 Digital Temperature Meters Market Size and Y-o-Y Growth
4.5.2 Digital Temperature Meters Market Absolute $ Opportunity
Chapter 5 Global Digital Temperature Meters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Temperature Meters Market Size Forecast by Type
5.2.1 Handheld Type
5.2.2 Non-Handheld Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Temperature Meters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Temperature Meters Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Industrial
6.2.3 Medical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Temperature Meters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Temperature Meters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Temperature Meters Analysis and Forecast
9.1 Introduction
9.2 North America Digital Temperature Meters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Temperature Meters Market Size Forecast by Type
9.6.1 Handheld Type
9.6.2 Non-Handheld Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Temperature Meters Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Industrial
9.10.3 Medical
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Temperature Meters Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Temperature Meters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Temperature Meters Market Size Forecast by Type
10.6.1 Handheld Type
10.6.2 Non-Handheld Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Temperature Meters Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Industrial
10.10.3 Medical
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Temperature Meters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Temperature Meters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Temperature Meters Market Size Forecast by Type
11.6.1 Handheld Type
11.6.2 Non-Handheld Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Temperature Meters Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Industrial
11.10.3 Medical
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Temperature Meters Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Temperature Meters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Temperature Meters Market Size Forecast by Type
12.6.1 Handheld Type
12.6.2 Non-Handheld Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Temperature Meters Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Industrial
12.10.3 Medical
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Temperature Meters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Temperature Meters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Temperature Meters Market Size Forecast by Type
13.6.1 Handheld Type
13.6.2 Non-Handheld Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Temperature Meters Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Industrial
13.10.3 Medical
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Temperature Meters Market: Competitive Dashboard
14.2 Global Digital Temperature Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ametek
14.3.2 Omron
14.3.3 Braun
14.3.4 OMEGA Engineering
14.3.5 Brannan
14.3.6 Anderson-Negele
14.3.7 Ashcroft
14.3.8 WIKA
14.3.9 Davtron Inc
14.3.10 Fluke Calibration
14.3.11 Ametek
14.3.12 REOTEMP Instruments
14.3.13 Thermco Products
14.3.14 Winters Instruments
14.3.15 Dwyer Instruments
14.3.16 Hioki
14.3.17 PCE Instruments
