Market Overview:
The global wireless temperature monitoring market is expected to grow at a CAGR of XX% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for wireless temperature monitoring in hospitals, clinics, and households. Additionally, the increasing adoption of wireless temperature monitoring in online sales is also contributing to the growth of this market. However, lack of awareness about benefits offered by wireless temperature monitoring may restrain the growth of this market during the forecast period. On basis on communication method, 900 MHz RF segment is expected to witness highest CAGR during forecast period owing to its advantages such as longer range and better penetration than other communication methods.
Product Definition:
Wireless Temperature Monitoring is the process of remotely monitoring the temperature of a specific object or area using a wireless sensor. This can be done for a variety of reasons, such as ensuring that an area stays within a certain temperature range, preventing equipment from overheating, or tracking fluctuations in temperature over time. Wireless Temperature Monitoring is important because it enables businesses and organizations to keep track of environmental conditions without having to be physically present. This can help reduce costs, optimize operations, and improve safety.
Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027:
The global wireless temperature monitoring market is expected to grow at a CAGR of XX% from 2016 to 2021. The growth can be attributed to the increasing demand for remote patient monitoring, home & building automation, and industrial process control applications. Additionally, the growing adoption of wireless technology in consumer electronics such as smartphones and tablets is also expected to drive market growth over the forecast period.
900 MHz RF:
900 MHz RF is the range of radio frequency which is generally used in wireless temperature monitoring devices. It covers a large part of the UHF band, and also extends into some VHF bands. 900 MHz RF has better penetration ability through walls compared to other wireless technologies such as 2.4 GHz and 5 GHz due to its wideband coverage area feature.
Application Insights:
Based on application, the global wireless temperature monitoring market is segmented into hospitals, clinics, household, drug stores and online sales. The household segment dominated the overall market in terms of revenue share in 2021 owing to increasing demand for connected homes. The growing adoption of smart home technology worldwide has increased the need for monitoring devices such as thermostats and smart plugs that work with various types of networks. Moreover, a rising number of households having children who suffer from asthma is expected to drive demand over the forecast period.
The drug stores are projected to register significant growth over the forecast period due to an increase in product launches by key players operating in this industry including Medtronic PLC., Koninklijke Philips NDT veilingen BVBA & CIE de Médicis Belgium NV.
Regional Analysis:
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to the increasing demand for temperature monitoring systems from healthcare and pharmaceutical industries in China, India, Japan, and South Korea. The rising geriatric population in these countries coupled with an increase in chronic diseases such as cardiac arrest and stroke are expected to drive the overall market demand over the forecast period.
North America held a substantial share of global revenue due to high adoption of wireless temperature monitors by hospitals across U.S., which can be attributed largely to regulatory approvals pertaining hospital-acquired infections (HAIs) that trigger stringent government regulations regarding patient safety & hygiene standards at hospitals across this region. Moreover, growing awareness about health risks associated with HACs is also driving North American regional market growth over the projected period 2016 - 2030 (USD X billion).
Growth Factors:
- Increasing demand for wireless temperature monitoring in food and beverage industry to ensure quality and safety of products.
- Growing demand for wireless temperature monitoring in healthcare sector to prevent life-threatening medical conditions caused by improper storage of drugs or vaccines.
- Proliferation of Internet of Things (IoT) and big data analytics is expected to drive the growth of the wireless temperature monitoring market over the forecast period.
- Rising concerns over environmental disasters, such as oil spills, that can damage sensitive equipment due to extreme temperatures is expected to boost the adoption rate of wireless temperature monitoring solutions across various industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Temperature Monitoring Market Research Report
By Type
Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027, 900 MHz RF, Digital Cat5 Cable, WiFi 802.11 B/G/N, WiFi 802.11 G
By Application
Hospitals, Clinics, Household, Drug Stores, Online Sales, Others
By Companies
Emerson, IMC, Thermo Fisher Scientific, SensoScientific, Kelsius, Honeywell International, Cooper-Atkins, DeltaTrak, Imec, Fluke
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Temperature Monitoring Market Report Segments:
The global Wireless Temperature Monitoring market is segmented on the basis of:
Types
Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027, 900 MHz RF, Digital Cat5 Cable, WiFi 802.11 B/G/N, WiFi 802.11 G
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
Hospitals, Clinics, Household, Drug Stores, Online Sales, 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:
- Emerson
- IMC
- Thermo Fisher Scientific
- SensoScientific
- Kelsius
- Honeywell International
- Cooper-Atkins
- DeltaTrak
- Imec
- Fluke
Highlights of The Wireless Temperature Monitoring 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:
- Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
- 900 MHz RF
- Digital Cat5 Cable
- WiFi 802.11 B/G/N
- WiFi 802.11 G
- By Application:
- Hospitals
- Clinics
- Household
- Drug Stores
- Online Sales
- 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 Wireless Temperature Monitoring 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?
Wireless temperature monitoring is a technology that uses radio waves to send information about the temperature of an object or area. This information can be used to help people understand and monitor the environment. Wireless temperature monitoring systems can be installed in homes, businesses, and other locations.
Some of the major companies in the wireless temperature monitoring market are Emerson, IMC, Thermo Fisher Scientific, SensoScientific, Kelsius, Honeywell International, Cooper-Atkins, DeltaTrak, Imec, Fluke.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wireless Temperature Monitoring 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 Wireless Temperature Monitoring Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Wireless Temperature Monitoring 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 Wireless Temperature Monitoring 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 Wireless Temperature Monitoring Market Size & Forecast, 2020-2028 4.5.1 Wireless Temperature Monitoring Market Size and Y-o-Y Growth 4.5.2 Wireless Temperature Monitoring 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
5.2.2 900 MHz RF
5.2.3 Digital Cat5 Cable
5.2.4 WiFi 802.11 B/G/N
5.2.5 WiFi 802.11 G
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 Hospitals
6.2.2 Clinics
6.2.3 Household
6.2.4 Drug Stores
6.2.5 Online Sales
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Temperature Monitoring 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 Wireless Temperature Monitoring 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
9.6.2 900 MHz RF
9.6.3 Digital Cat5 Cable
9.6.4 WiFi 802.11 B/G/N
9.6.5 WiFi 802.11 G
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 Hospitals
9.10.2 Clinics
9.10.3 Household
9.10.4 Drug Stores
9.10.5 Online Sales
9.10.6 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
10.6.2 900 MHz RF
10.6.3 Digital Cat5 Cable
10.6.4 WiFi 802.11 B/G/N
10.6.5 WiFi 802.11 G
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 Hospitals
10.10.2 Clinics
10.10.3 Household
10.10.4 Drug Stores
10.10.5 Online Sales
10.10.6 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
11.6.2 900 MHz RF
11.6.3 Digital Cat5 Cable
11.6.4 WiFi 802.11 B/G/N
11.6.5 WiFi 802.11 G
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 Hospitals
11.10.2 Clinics
11.10.3 Household
11.10.4 Drug Stores
11.10.5 Online Sales
11.10.6 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
12.6.2 900 MHz RF
12.6.3 Digital Cat5 Cable
12.6.4 WiFi 802.11 B/G/N
12.6.5 WiFi 802.11 G
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 Hospitals
12.10.2 Clinics
12.10.3 Household
12.10.4 Drug Stores
12.10.5 Online Sales
12.10.6 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 Global Wireless Temperature Monitoring Market Size Growth Rate by Communication Method: 2016 VS 2021 VS 2027
13.6.2 900 MHz RF
13.6.3 Digital Cat5 Cable
13.6.4 WiFi 802.11 B/G/N
13.6.5 WiFi 802.11 G
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 Hospitals
13.10.2 Clinics
13.10.3 Household
13.10.4 Drug Stores
13.10.5 Online Sales
13.10.6 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 Wireless Temperature Monitoring Market: Competitive Dashboard
14.2 Global Wireless Temperature Monitoring Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 IMC
14.3.3 Thermo Fisher Scientific
14.3.4 SensoScientific
14.3.5 Kelsius
14.3.6 Honeywell International
14.3.7 Cooper-Atkins
14.3.8 DeltaTrak
14.3.9 Imec
14.3.10 Fluke