Market Overview:
The global insulation monitors market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy-efficient buildings and rising awareness about safety and security. By type, the response time below 4 second segment is expected to grow at a higher CAGR during the forecast period as compared to other segments. This can be attributed to the growing demand for real-time monitoring systems in various end-use industries. By application, power utilities segment is expected to hold a major share of the global insulation monitors market during the forecast period owing to increasing investments in smart grid infrastructure across different regions.
Product Definition:
Insulation monitors are devices used to measure the insulation value of an object. They are commonly used in the construction and electrical industries. The insulation value is a measure of how much heat is lost through a material over time. Insulation monitors can be used to help determine whether or not an object needs additional insulation.
Response Time Below 4 Second:
The global response time below 4 second market size was valued at USD 1.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Response Time Below 7 Second:
The below 7 second is the time taken by a human to react to an stimulus and perform an action. It is used as a performance parameter in insulation monitors which are used for testing the thermal resistance of building materials such as fiberglass, cellulose, foamed plastics & concrete. The test is performed by holding your hand close to the heat source (electricity or flame) and measuring how long it takes for your hand to feel warm.
Application Insights:
The manufacturing and production segment dominated the global insulation monitors market in 2017, accounting for over 30% of the overall revenue share. The growth can be attributed to an increase in demand for energy-efficient products across various applications such as data centers, commercial buildings, and homes. Furthermore, governments around the world are taking initiatives to improve building energy efficiency by regulating construction practices and establishing standards for new constructions or renovations of existing structures. This is expected to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for energy conservation, which has resulted in increased usage of insulation monitors. Furthermore, increasing industrialization and manufacturing output are also contributing toward regional growth.
The European market is anticipated to witness significant growth over the next eight years owing to stringent government regulations pertaining to building energy consumption as well as growing awareness among end-users regarding benefits offered by these products. In addition, rapid expansion of industries including healthcare and IT & telecom across Europe will drive demand for these devices further.
In North America, rising focus on reducing carbon footprint along with increasing need for sustainable buildings is expected drive product adoption across various applications including residential construction sector over the forecast period.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global insulation monitors market is expected to benefit from the increasing demand for energy-efficient buildings. This is because insulation monitors help in detecting and preventing air leakage, which can lead to increased energy consumption.
- Rising awareness about the benefits of using insulation monitors: There has been a rise in the awareness about the benefits of using insulation monitors in recent years. This is likely to boost the growth of the global insulation monitors market in the coming years.
- Growing popularity of smart homes: The growing popularity of smart homes is another key factor that is expected to drive growth in the global insulation monitors market during the forecast period. Insulation monitoring systems are an important part of a smart home and are thus likely to witness high adoption rates in future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Insulation Monitors Market Research Report
By Type
Response Time Below 4 Second, Response Time Below 7 Second, Response Time Above 7 Second
By Application
Power Utilities, Manufacturing and Production, Mining, Healthcare, Transportation
By Companies
Schneider Electric, ABB, Eaton, Littelfuse, Bender, Mitsubishi Electric, Siemens, Viper Innovations, Cirprotec, E. Dold & Sohne, Hakel, Martens(GHM Group), Muuntosahko, Ppo-Elektroniikka, Megacon, Wei Dian Union(Hubei) Technology, Deif, Renesas Electronics, Captech, Lemvigh-Muller
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Insulation Monitors Market Report Segments:
The global Insulation Monitors market is segmented on the basis of:
Types
Response Time Below 4 Second, Response Time Below 7 Second, Response Time Above 7 Second
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
Power Utilities, Manufacturing and Production, Mining, Healthcare, Transportation
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:
- Schneider Electric
- ABB
- Eaton
- Littelfuse
- Bender
- Mitsubishi Electric
- Siemens
- Viper Innovations
- Cirprotec
- E. Dold & Sohne
- Hakel
- Martens(GHM Group)
- Muuntosahko
- Ppo-Elektroniikka
- Megacon
- Wei Dian Union(Hubei) Technology
- Deif
- Renesas Electronics
- Captech
- Lemvigh-Muller
Highlights of The Insulation Monitors 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:
- Response Time Below 4 Second
- Response Time Below 7 Second
- Response Time Above 7 Second
- By Application:
- Power Utilities
- Manufacturing and Production
- Mining
- Healthcare
- Transportation
- 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 Insulation Monitors 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Insulation monitors are devices used to measure the insulation properties of materials. They can be used in a variety of industries, including construction, manufacturing, and energy.
Some of the major players in the insulation monitors market are Schneider Electric, ABB, Eaton, Littelfuse, Bender, Mitsubishi Electric, Siemens, Viper Innovations, Cirprotec, E. Dold & Sohne, Hakel, Martens(GHM Group), Muuntosahko, Ppo-Elektroniikka, Megacon, Wei Dian Union(Hubei) Technology, Deif, Renesas Electronics, Captech, Lemvigh-Muller.
The insulation monitors 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 Insulation Monitors 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 Insulation Monitors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Insulation Monitors 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 Insulation Monitors 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 Insulation Monitors Market Size & Forecast, 2018-2028
4.5.1 Insulation Monitors Market Size and Y-o-Y Growth
4.5.2 Insulation Monitors Market Absolute $ Opportunity
Chapter 5 Global Insulation Monitors 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 Insulation Monitors Market Size Forecast by Type
5.2.1 Response Time Below 4 Second
5.2.2 Response Time Below 7 Second
5.2.3 Response Time Above 7 Second
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Insulation Monitors 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 Insulation Monitors Market Size Forecast by Applications
6.2.1 Power Utilities
6.2.2 Manufacturing and Production
6.2.3 Mining
6.2.4 Healthcare
6.2.5 Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Insulation Monitors 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 Insulation Monitors 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 Insulation Monitors Analysis and Forecast
9.1 Introduction
9.2 North America Insulation Monitors 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 Insulation Monitors Market Size Forecast by Type
9.6.1 Response Time Below 4 Second
9.6.2 Response Time Below 7 Second
9.6.3 Response Time Above 7 Second
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 Insulation Monitors Market Size Forecast by Applications
9.10.1 Power Utilities
9.10.2 Manufacturing and Production
9.10.3 Mining
9.10.4 Healthcare
9.10.5 Transportation
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 Insulation Monitors Analysis and Forecast
10.1 Introduction
10.2 Europe Insulation Monitors 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 Insulation Monitors Market Size Forecast by Type
10.6.1 Response Time Below 4 Second
10.6.2 Response Time Below 7 Second
10.6.3 Response Time Above 7 Second
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 Insulation Monitors Market Size Forecast by Applications
10.10.1 Power Utilities
10.10.2 Manufacturing and Production
10.10.3 Mining
10.10.4 Healthcare
10.10.5 Transportation
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 Insulation Monitors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Insulation Monitors 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 Insulation Monitors Market Size Forecast by Type
11.6.1 Response Time Below 4 Second
11.6.2 Response Time Below 7 Second
11.6.3 Response Time Above 7 Second
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 Insulation Monitors Market Size Forecast by Applications
11.10.1 Power Utilities
11.10.2 Manufacturing and Production
11.10.3 Mining
11.10.4 Healthcare
11.10.5 Transportation
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 Insulation Monitors Analysis and Forecast
12.1 Introduction
12.2 Latin America Insulation Monitors 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 Insulation Monitors Market Size Forecast by Type
12.6.1 Response Time Below 4 Second
12.6.2 Response Time Below 7 Second
12.6.3 Response Time Above 7 Second
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 Insulation Monitors Market Size Forecast by Applications
12.10.1 Power Utilities
12.10.2 Manufacturing and Production
12.10.3 Mining
12.10.4 Healthcare
12.10.5 Transportation
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) Insulation Monitors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Insulation Monitors 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) Insulation Monitors Market Size Forecast by Type
13.6.1 Response Time Below 4 Second
13.6.2 Response Time Below 7 Second
13.6.3 Response Time Above 7 Second
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) Insulation Monitors Market Size Forecast by Applications
13.10.1 Power Utilities
13.10.2 Manufacturing and Production
13.10.3 Mining
13.10.4 Healthcare
13.10.5 Transportation
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 Insulation Monitors Market: Competitive Dashboard
14.2 Global Insulation Monitors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Schneider Electric
14.3.2 ABB
14.3.3 Eaton
14.3.4 Littelfuse
14.3.5 Bender
14.3.6 Mitsubishi Electric
14.3.7 Siemens
14.3.8 Viper Innovations
14.3.9 Cirprotec
14.3.10 E. Dold & Sohne
14.3.11 Hakel
14.3.12 Martens(GHM Group)
14.3.13 Muuntosahko
14.3.14 Ppo-Elektroniikka
14.3.15 Megacon
14.3.16 Wei Dian Union(Hubei) Technology
14.3.17 Deif
14.3.18 Renesas Electronics
14.3.19 Captech
14.3.20 Lemvigh-Muller
