Market Overview:
The global resistance thermometers 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 resistance thermometers in various applications, such as commercial, industrial, and residential sectors. In addition, the growing demand for these thermometers from emerging economies is also contributing to the growth of this market. Based on type, the global resistance thermometers market can be segmented into threaded resistance thermometers and flanged resistance thermometers. The threaded resistances thermosetters segment is expected to account for a larger share of the global market than flanged resistances thermosetters segment during the forecast period owing to their high accuracy and precision levels. Based on application, the global Resistance Thermometer Market can be divided into commercial sector, industrial sector, residential sector and others segments. Among these segments, commercial sector held dominant position in 2017 with highest revenue share contribution followed by industrial sector across different regions globally due rising awareness about benefits offered by RTDs over other temperature sensing devices among industries players coupled with stringent government regulations mandating use of RTDs in critical processes across process industries including oil & gas refineries downstream petrochemical plants food & beverage production etcetera .
Product Definition:
A resistance thermometer is a type of temperature sensor that uses the principle of resistivity to measure temperature. The higher the temperature, the higher the electrical resistance. Resistance thermometers are used in a wide variety of applications, including industrial and scientific processes, automotive manufacturing and food processing.
Threaded Resistance Thermometers:
Resistance thermometers are used to measure the temperature of a liquid or gas by creating a resistance between the probe and the object to be measured. The higher the temperature difference, i.e., (temperature of sample - ambient) / (temperature of reference),the greater is the accuracy in measuring temperature with this type of thermometer.
Flanged Resistance Thermometers:
Flanged resistance thermometers are used to measure the temperature of a liquid or a gas. It is an indirect measurement instrument, which means that it measures temperature by measuring some property (force) associated with the substance. In other words, it is used to measure and detect heat energy from various sources such as chemical reactions, thermal radiation and conduction.
Application Insights:
The others application segment includes automotive, aerospace and defense, medical and healthcare. The resistance thermometers for these applications are designed according to the requirements of the industry. These include material penetration temperature, range of measurement, accuracy requirement etc. Resistance thermometers for aerospace & defense are highly accurate compared to other applications as they are used in critical applications where error margin is negligible.
Residential was the largest application segment in 2017 owing to increasing demand from consumers for energy-efficient products with high functionality at low costs. Rising awareness about energy issues coupled with government initiatives promoting adoption of energy-efficient products will fuel product demand over the forecast period 1 ¢â€š¹2030).
Industrial is expected to be one of the fastest growing segments during forecast years due largelyto rising manufacturing sectors across various regions including Asia Pacific, Latin America.
Regional Analysis:
North America dominated the global resistance thermometers market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for energy-efficient products, growing industrialization and advancements in healthcare infrastructure. Europe also held a significant share of the global market due to high demand from several end-use industries such as automotive, aerospace & defense, oil & gas and others.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapid industrialization along with expanding commercial construction sector in key economies such as China and India. In addition, rising population coupled with increased consumer spending on food & beverages industry will drive product adoption across restaurants and hotels which will further propel regional growth over the next eight years (2030). Moreover, government initiatives encouraging investments for manufacturing facilities producing medical devices are expected fuel regional expansion over this timeframe (Kumar et al., 2016).
Growth Factors:
- Increasing demand from the end-use industries
- Rising demand for resistance thermometers in Asia Pacific region
- Technological advancements in resistance thermometers
- Growing popularity of resistance thermometers among consumers
- Increasing number of distributors and sales channels
Scope Of The Report
Report Attributes
Report Details
Report Title
Resistance Thermometers Market Research Report
By Type
Threaded Resistance Thermometers, Flanged Resistance Thermometers
By Application
Commercial, Industrial, Residential, Others
By Companies
WIKA Instrumentation, Thermo Electra, JUMO, LABOM, Allmetra, Pepperl-Fuchs, Elimko, Cable Manufacturer SAB, AccuMac Corporation, EPHY MESS
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Resistance Thermometers Market Report Segments:
The global Resistance Thermometers market is segmented on the basis of:
Types
Threaded Resistance Thermometers, Flanged Resistance Thermometers
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
Commercial, Industrial, Residential, 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:
- WIKA Instrumentation
- Thermo Electra
- JUMO
- LABOM
- Allmetra
- Pepperl-Fuchs
- Elimko
- Cable Manufacturer SAB
- AccuMac Corporation
- EPHY MESS
Highlights of The Resistance Thermometers 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:
- Threaded Resistance Thermometers
- Flanged Resistance Thermometers
- By Application:
- Commercial
- Industrial
- Residential
- 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 Resistance Thermometers 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
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Resistance thermometers are used to measure the temperature of a material. They use a metal wire that is heated up and then inserted into the material. The resistance of the metal wire changes as it gets hotter, which can be used to calculate the temperature of the material.
Some of the key players operating in the resistance thermometers market are WIKA Instrumentation, Thermo Electra, JUMO, LABOM, Allmetra, Pepperl-Fuchs, Elimko, Cable Manufacturer SAB, AccuMac Corporation, EPHY MESS.
The resistance thermometers 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 Resistance Thermometers 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 Resistance Thermometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Resistance Thermometers 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 Resistance Thermometers 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 Resistance Thermometers Market Size & Forecast, 2018-2028
4.5.1 Resistance Thermometers Market Size and Y-o-Y Growth
4.5.2 Resistance Thermometers Market Absolute $ Opportunity
Chapter 5 Global Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Type
5.2.1 Threaded Resistance Thermometers
5.2.2 Flanged Resistance Thermometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Industrial
6.2.3 Residential
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Resistance Thermometers 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 Resistance Thermometers 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 Resistance Thermometers Analysis and Forecast
9.1 Introduction
9.2 North America Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Type
9.6.1 Threaded Resistance Thermometers
9.6.2 Flanged Resistance Thermometers
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 Resistance Thermometers Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Industrial
9.10.3 Residential
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 Resistance Thermometers Analysis and Forecast
10.1 Introduction
10.2 Europe Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Type
10.6.1 Threaded Resistance Thermometers
10.6.2 Flanged Resistance Thermometers
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 Resistance Thermometers Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Industrial
10.10.3 Residential
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 Resistance Thermometers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Type
11.6.1 Threaded Resistance Thermometers
11.6.2 Flanged Resistance Thermometers
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 Resistance Thermometers Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Industrial
11.10.3 Residential
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 Resistance Thermometers Analysis and Forecast
12.1 Introduction
12.2 Latin America Resistance Thermometers 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 Resistance Thermometers Market Size Forecast by Type
12.6.1 Threaded Resistance Thermometers
12.6.2 Flanged Resistance Thermometers
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 Resistance Thermometers Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Industrial
12.10.3 Residential
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) Resistance Thermometers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Resistance Thermometers 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) Resistance Thermometers Market Size Forecast by Type
13.6.1 Threaded Resistance Thermometers
13.6.2 Flanged Resistance Thermometers
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) Resistance Thermometers Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Industrial
13.10.3 Residential
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 Resistance Thermometers Market: Competitive Dashboard
14.2 Global Resistance Thermometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WIKA Instrumentation
14.3.2 Thermo Electra
14.3.3 JUMO
14.3.4 LABOM
14.3.5 Allmetra
14.3.6 Pepperl-Fuchs
14.3.7 Elimko
14.3.8 Cable Manufacturer SAB
14.3.9 AccuMac Corporation
14.3.10 EPHY MESS
