Market Overview:
The global waterproof 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 waterproof temperature meters in various applications, such as industrial use, laboratory use, and others. In addition, the growing awareness about the benefits of using waterproof temperature meters is also contributing to the growth of this market.
Product Definition:
Waterproof Temperature Meters are devices used to measure the temperature of a body of water. They are typically used by fishermen, boaters, and other aquatic enthusiasts to help them stay safe and informed while on or near the water.
High Range:
High range is the measurement of temperature above 120°F (50°C). The normal range for water temperature measurement is between 100.6 °F (38.4 °C) and 120.8 °F (49.2 °C).
Low Range:
Low range is the lowest possible temperature a meter can measure. It is used to indicate that the device has not been exposed to freezing temperatures and therefore it's an important factor when purchasing waterproof temperature meters.
The low range measurement in waterproof temperature meters refers to the lowest possible cold-resistant limit of a product, which indicates that this particular model of instrument has not been subjected to extremely low temperatures (lower than 0°C/32°F).
Application Insights:
The industrial use segment led the global waterproof temperature meters market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The industrial applications include chemical, petrochemical, oil & gas and power generation sectors among others. In industries such as oil & gas or power generation where water plays an important role in various processes, accurate measurement of its temperature is necessary for carrying out those processes efficiently and with less energy consumption.
Waterproof temperature meters are used extensively across laboratories for testing samples taken from bodies of water such as oceans, lakes or ponds to determine their temperatures accurately without the risk of getting contaminated by other organisms living in that body of water which can affect accuracy results obtained using these devices. These devices are also used extensively across food safety laboratories where it is mandatory by law to take bathtub/container samples for testing purposes during routine inspection activities carried out by government agencies or public-private partnerships operating food safety labs around the world.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising industrialization and increasing government initiatives for building infrastructure in emerging countries, such as China and India. For instance, in April 2017, Hengyi Group launched a waterproof temperature meter under the brand name ‘Hengxing’ in China. This product has an accuracy of 1% plus or minus 10 degrees Celsius and can withstand immersion up to 3 meters deep of water for 30 minutes. Such initiatives are anticipated to increase product adoption across industries operating at different locations worldwide.
North America was valued at USD X million in 2016 owing to high demand from end-use industries such as oil & gas exploration, laboratory use, mining exploration etc.
Growth Factors:
- Increasing demand from the end-user industries for waterproof temperature meters for accurate and reliable temperature measurements.
- Growing awareness about the benefits of using waterproof temperature meters in various industrial applications is driving the market growth.
- The increasing demand for portable and handheld waterproof temperature meters is also propelling the market growth.
- Technological advancements in waterproof temperature meter technology are providing new opportunities for market growth.
- Growing investments by key players in research and development to introduce innovative products is expected to fuel the market growth over the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterproof Temperature Meters Market Research Report
By Type
High Range, Low Range
By Application
Industrial Use, Laboratory Use, Others
By Companies
Thermo Fisher Scientific, OMEGA Engineering, Hanna Instruments, Milwaukee Instruments, Extech Instruments, Thermo Fisher Scientific
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 Waterproof Temperature Meters Market Report Segments:
The global Waterproof Temperature Meters market is segmented on the basis of:
Types
High Range, Low Range
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 Use, Laboratory Use, 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:
- Thermo Fisher Scientific
- OMEGA Engineering
- Hanna Instruments
- Milwaukee Instruments
- Extech Instruments
- Thermo Fisher Scientific
Highlights of The Waterproof 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:
- High Range
- Low Range
- By Application:
- Industrial Use
- Laboratory Use
- 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 Waterproof 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Waterproof temperature meters are devices that measure the temperature of water. They can be used to measure the temperature of water in a swimming pool, hot tub, or other body of water.
Some of the major players in the waterproof temperature meters market are Thermo Fisher Scientific, OMEGA Engineering, Hanna Instruments, Milwaukee Instruments, Extech Instruments, Thermo Fisher Scientific.
The waterproof 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 Waterproof 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 Waterproof Temperature Meters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Waterproof 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 Waterproof 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 Waterproof Temperature Meters Market Size & Forecast, 2020-2028
4.5.1 Waterproof Temperature Meters Market Size and Y-o-Y Growth
4.5.2 Waterproof Temperature Meters 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 High Range
5.2.2 Low Range
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 Industrial Use
6.2.2 Laboratory Use
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Waterproof 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 Waterproof 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 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 High Range
9.6.2 Low Range
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 Industrial Use
9.10.2 Laboratory Use
9.10.3 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 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 High Range
10.6.2 Low Range
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 Industrial Use
10.10.2 Laboratory Use
10.10.3 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 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 High Range
11.6.2 Low Range
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 Industrial Use
11.10.2 Laboratory Use
11.10.3 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 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 High Range
12.6.2 Low Range
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 Industrial Use
12.10.2 Laboratory Use
12.10.3 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) 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 High Range
13.6.2 Low Range
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 Industrial Use
13.10.2 Laboratory Use
13.10.3 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 Waterproof Temperature Meters Market: Competitive Dashboard
14.2 Global Waterproof Temperature Meters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 OMEGA Engineering
14.3.3 Hanna Instruments
14.3.4 Milwaukee Instruments
14.3.5 Extech Instruments
14.3.6 Thermo Fisher Scientific
