Market Overview:
The global hand held temperature indicators 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 hand held temperature indicators in various end-use industries, such as the industrial, food industry, tire industry, and others. Additionally, factors such as technological advancements and rising awareness about safety and hygiene are also contributing to the growth of this market. Based on type, the global hand held temperature indicators market can be segmented into infrared type, thermocouple type, and others. The infrared type segment is expected to account for a major share of the global hand held temperature indicators market during the forecast period owing to its advantages over other types of handheld temperature sensors. These advantages include high accuracy levels and quick response time when compared with other types of handheld sensors available in the market. Ontheotherhand,.
Product Definition:
A hand-held temperature indicator is a device used to measure the temperature of an object. They are often used in industrial or laboratory settings, but can also be found in home use. Hand-held thermometers are important because they provide a quick and easy way to take accurate measurements of temperatures.
Infrared Type:
Infrared type is a temperature sensitive device that emits infrared light when exposed to the target object. It works on the principle of thermopile, which consists of two terminals, one of them is normally a heat source and other is a detector. The emitted light signal gets converted into digital form by microprocessors present inside the devices and displayed in terms of numbers or letters depending upon its resolution.
Thermocouple Type:
A thermocouple is a two-conductor, temperature-sensitive electrical device used for measuring temperature. It consists of an insulating layer between two conductors that allow heat to flow between them. Thermocouples are available in different forms such as ceramic, metal oxide semiconductor (MOS), and fiber optic; depending on the application they are used in.
Application Insights:
The industrial application segment led the global hand held temperature indicators market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in manufacturing activities across various industries such as automotive, construction, and energy. Moreover, increasing use of handheld temperature indicators for monitoring process variables such as oil temperatures in automotive manufacturing is expected to drive the demand for these products over the coming years.
The food industry segment accounted for more than 15% share of total revenue in 2017 owing to extensive usage of these devices during processing & packaging operations such as cooking meat, poultry & seafoods along with vegetables & fruits among other foods that require maintaining desired food quality levels including safe internal temperatures during preparation and storage procedures among others.
Regional Analysis:
North America dominated the global market in 2017 owing to the high demand for temperature indicators from various application industries. The food industry is expected to be one of the key consumers of these temperature indicators due to their rising concerns regarding food wastage and contamination. The tire industry is also anticipated to have a significant demand for these temperature indicators as they are used extensively in tire manufacturing plants, which leads them into becoming one of the major end users over the forecast period.
Asia Pacific region is projected by exhibiting highest CAGR during the forecast period owing to rapid industrialization and increasing awareness among consumers regarding maintaining hygiene and quality standards within their establishments, thus leading into higher adoption rates across several industries including food & beverage, textile & apparel, pharmaceuticals among others.
Growth Factors:
- Increasing demand for hand held temperature indicators in the food and beverage industry as a result of stringent government regulations for food safety.
- Growing demand from the healthcare sector due to increasing awareness about hygiene and infection control measures.
- Rising popularity of hand held temperature indicators among consumers owing to their ease of use and portability.
- Increasing adoption of hand held temperature indicators by restaurants, hotels, and other food service establishments for quality control purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Held Temperature Indicators Market Research Report
By Type
Infrared Type, Thermocouple Type, Others
By Application
Industrial, Food Industry, Tire Industry, Others
By Companies
OMEGA, RKC, CHINO, Rotronic, Japsin, Artech, B&K Precision, WIKA, Sauermann, Radix, PCE, Optris, Elcometer, Thermo Sensors, AOIP, TES Electrical Electronic Corp
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Hand Held Temperature Indicators Market Report Segments:
The global Hand Held Temperature Indicators market is segmented on the basis of:
Types
Infrared Type, Thermocouple Type, Others
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
Industrial, Food Industry, Tire Industry, 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:
- OMEGA
- RKC
- CHINO
- Rotronic
- Japsin
- Artech
- B&K Precision
- WIKA
- Sauermann
- Radix
- PCE
- Optris
- Elcometer
- Thermo Sensors
- AOIP
- TES Electrical Electronic Corp
Highlights of The Hand Held Temperature Indicators 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:
- Infrared Type
- Thermocouple Type
- Others
- By Application:
- Industrial
- Food Industry
- Tire Industry
- 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 Hand Held Temperature Indicators 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?
Hand Held Temperature Indicators are a type of thermometer that is held in the hand. They are often used to measure body temperature.
Some of the major companies in the hand held temperature indicators market are OMEGA, RKC, CHINO, Rotronic, Japsin, Artech, B&K Precision, WIKA, Sauermann, Radix, PCE, Optris, Elcometer, Thermo Sensors, AOIP, TES Electrical Electronic Corp.
The hand held temperature indicators 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 Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Hand Held Temperature Indicators 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 Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size & Forecast, 2018-2028 4.5.1 Hand Held Temperature Indicators Market Size and Y-o-Y Growth 4.5.2 Hand Held Temperature Indicators Market Absolute $ Opportunity
Chapter 5 Global Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Type
5.2.1 Infrared Type
5.2.2 Thermocouple Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Food Industry
6.2.3 Tire Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand Held Temperature Indicators 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 Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Analysis and Forecast
9.1 Introduction
9.2 North America Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Type
9.6.1 Infrared Type
9.6.2 Thermocouple Type
9.6.3 Others
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 Hand Held Temperature Indicators Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Food Industry
9.10.3 Tire Industry
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 Hand Held Temperature Indicators Analysis and Forecast
10.1 Introduction
10.2 Europe Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Type
10.6.1 Infrared Type
10.6.2 Thermocouple Type
10.6.3 Others
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 Hand Held Temperature Indicators Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Food Industry
10.10.3 Tire Industry
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 Hand Held Temperature Indicators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Type
11.6.1 Infrared Type
11.6.2 Thermocouple Type
11.6.3 Others
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 Hand Held Temperature Indicators Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Food Industry
11.10.3 Tire Industry
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 Hand Held Temperature Indicators Analysis and Forecast
12.1 Introduction
12.2 Latin America Hand Held Temperature Indicators 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 Hand Held Temperature Indicators Market Size Forecast by Type
12.6.1 Infrared Type
12.6.2 Thermocouple Type
12.6.3 Others
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 Hand Held Temperature Indicators Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Food Industry
12.10.3 Tire Industry
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) Hand Held Temperature Indicators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hand Held Temperature Indicators 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) Hand Held Temperature Indicators Market Size Forecast by Type
13.6.1 Infrared Type
13.6.2 Thermocouple Type
13.6.3 Others
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) Hand Held Temperature Indicators Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Food Industry
13.10.3 Tire Industry
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 Hand Held Temperature Indicators Market: Competitive Dashboard
14.2 Global Hand Held Temperature Indicators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMEGA
14.3.2 RKC
14.3.3 CHINO
14.3.4 Rotronic
14.3.5 Japsin
14.3.6 Artech
14.3.7 B&K Precision
14.3.8 WIKA
14.3.9 Sauermann
14.3.10 Radix
14.3.11 PCE
14.3.12 Optris
14.3.13 Elcometer
14.3.14 Thermo Sensors
14.3.15 AOIP
14.3.16 TES Electrical Electronic Corp