Market Overview:
The global thermo-hygrometers 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 thermo-hygrometers from various end-use industries, such as petrochemical industry, pharmaceutical industry, food industry and other industries. In addition, the growing awareness about the benefits of using thermo-hygrometers is also contributing to the growth of this market. Based on type, the global thermo-hygrometers market can be segmented into pointer type and digital type. The pointer type segment is expected to account for a larger share of this market than the digital type segment during the forecast period. This can be attributed to their low cost and easy availability compared with digital types. Based on application,the global thermo-hygrometersmarket can be divided into petrochemical industry, pharmaceutical industry, food industry and other industries segments.
Product Definition:
Thermo-Hygrometers are devices used to measure Temperature and Humidity levels. They are important because they help us monitor the environment and make sure it is healthy for us to live in.
Pointer Type:
Pointer type is a device used to indicate temperature by its proximity to an object. It’s major application is in thermometers, which are widely used for measuring temperature of objects ranging from sub-zero to boiling point. Thermo-hygrometer uses two different kinds of sensors, one for measuring heat given off and other for determining the air's moisture or dryness.
Digital Type:
Digital type is a system to represent temperature in digital form. It's basically used for two purposes, firstly, it can be used as an alternative to Fahrenheit and Celsius scales which are the traditional methods of representing temperature; secondly, it can be used with other thermometers to provide more accurate results.
The most important factor that differentiates digital type from analog is that the former always provides a precise value while latter may give you an approximate reading at best.
Application Insights:
The other industries segment dominated the overall industry in terms of revenue share in 2017. The application includes pharmaceutical industry, food industry and petrochemical industries. Thermo-hygrometers are used for maintaining ideal temperature and humidity levels within a closed system, which include pharmaceutical products, lab equipment packaging materials storage areas etc. In pharma industries thermo-hygrometers are used to maintain the temperature and humidity conditions required for processing of drugs or vaccines by using dry heat or wet heat processes respectively.
Petrochemical industry is expected to be one of the fastest growing application segments over the forecast period owing to increasing demand for petroleum products across various end uses such as plastics & rubber; paints & coatings; adhesives; solvents etc., Petrochemical companies use these instruments during production process control room monitoring oil refinery gas plant maintenance engineering design testing applications etc.
Regional Analysis:
North America dominated the global thermo-hygrometers market in 2017 owing to the presence of major petrochemical players such as Honeywell, Emerson Electric Co., and General Electric. The region is expected to maintain its dominance over the forecast period due to increasing demand for these instruments from various end-use industries such as food & beverage, pharmaceuticals, and others.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising investments by governments in developing countries like India and China for improving infrastructure development. In addition, favorable government initiatives are also expected drive regional growth during the same period. For instance; In 2015; The Indian Ministry of Water Resources (MoWR) announced a National River Conservation Programme (NRCP) with an aim towards conservation of 20 major rivers across India by 2020.
Growth Factors:
- Increasing demand for thermo-hygrometers from the HVAC industry for accurate humidity and temperature measurement in buildings.
- Growing popularity of smart homes, which require efficient and accurate thermo-hygrometer sensors to manage humidity levels and energy consumption.
- Rising demand for portable thermo-hygrometers in medical and pharmaceutical applications to monitor environmental conditions during storage and transport of sensitive drugs and vaccines.
- Proliferation of IoT devices, which are creating new opportunities for deployment of thermo-hygrometers in smart buildings, agriculture, transportation, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermo-Hygrometers Market Research Report
By Type
Pointer Type, Digital Type
By Application
Petrochemical Industry, Pharmaceutical Industry, Food Industry, Other Industries
By Companies
OMEGA, E+E ELEKTRONIK, TESTO, KIMO, B&K Precision, ROTRONIC, Delta OHM, Tecpel, OMEGA
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
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Thermo-Hygrometers Market Report Segments:
The global Thermo-Hygrometers market is segmented on the basis of:
Types
Pointer Type, Digital 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
Petrochemical Industry, Pharmaceutical Industry, Food Industry, Other Industries
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
- E+E ELEKTRONIK
- TESTO
- KIMO
- B&K Precision
- ROTRONIC
- Delta OHM
- Tecpel
- OMEGA
Highlights of The Thermo-Hygrometers 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:
- Pointer Type
- Digital Type
- By Application:
- Petrochemical Industry
- Pharmaceutical Industry
- Food Industry
- Other Industries
- 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 Thermo-Hygrometers 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
- Consumer Insights
- 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?
Thermo-Hygrometers are instruments used to measure the humidity in an environment.
Some of the major players in the thermo-hygrometers market are OMEGA, E+E ELEKTRONIK, TESTO, KIMO, B&K Precision, ROTRONIC, Delta OHM, Tecpel, OMEGA.
The thermo-hygrometers 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 Thermo-Hygrometers 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 Thermo-Hygrometers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermo-Hygrometers 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 Thermo-Hygrometers 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 Thermo-Hygrometers Market Size & Forecast, 2020-2028
4.5.1 Thermo-Hygrometers Market Size and Y-o-Y Growth
4.5.2 Thermo-Hygrometers Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Pointer Type
5.2.2 Digital Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Petrochemical Industry
6.2.2 Pharmaceutical Industry
6.2.3 Food Industry
6.2.4 Other Industries
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermo-Hygrometers 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 Thermo-Hygrometers 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Pointer Type
9.6.2 Digital 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 Market Size Forecast by Applications
9.10.1 Petrochemical Industry
9.10.2 Pharmaceutical Industry
9.10.3 Food Industry
9.10.4 Other Industries
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Pointer Type
10.6.2 Digital 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 Market Size Forecast by Applications
10.10.1 Petrochemical Industry
10.10.2 Pharmaceutical Industry
10.10.3 Food Industry
10.10.4 Other Industries
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Pointer Type
11.6.2 Digital 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 Market Size Forecast by Applications
11.10.1 Petrochemical Industry
11.10.2 Pharmaceutical Industry
11.10.3 Food Industry
11.10.4 Other Industries
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Pointer Type
12.6.2 Digital 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 Market Size Forecast by Applications
12.10.1 Petrochemical Industry
12.10.2 Pharmaceutical Industry
12.10.3 Food Industry
12.10.4 Other Industries
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Pointer Type
13.6.2 Digital 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) Market Size Forecast by Applications
13.10.1 Petrochemical Industry
13.10.2 Pharmaceutical Industry
13.10.3 Food Industry
13.10.4 Other Industries
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 Thermo-Hygrometers Market: Competitive Dashboard
14.2 Global Thermo-Hygrometers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 OMEGA
14.3.2 E+E ELEKTRONIK
14.3.3 TESTO
14.3.4 KIMO
14.3.5 B&K Precision
14.3.6 ROTRONIC
14.3.7 Delta OHM
14.3.8 Tecpel
14.3.9 OMEGA
