Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Temperature Monitoring System Market by Type (Wireless System, Wired System), By Application (Agriculture, Automotive Industry, Food & Beverages Industry, Pharmaceutical Industry, Logistics, Electronics Industry, Oil and Gas Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Temperature Monitoring System Market by Type (Wireless System, Wired System), By Application (Agriculture, Automotive Industry, Food & Beverages Industry, Pharmaceutical Industry, Logistics, Electronics Industry, Oil and Gas Industry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131142 3300 Machinery & Equipment 377 249 Pages 4.5 (46)
                                          

Market Overview:


The global temperature monitoring system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for temperature monitoring systems in various industries such as agriculture, automotive industry, food & beverages industry, pharmaceutical industry, logistics, electronics industry and oil and gas industry. In addition, the growing awareness about food safety and quality is also contributing to the growth of this market.


Global Temperature Monitoring System Industry Outlook


Product Definition:


A temperature monitoring system is a computerized system used to measure and record the temperature of a process, environment, or object. Temperature monitoring systems are important for many reasons, including quality control and safety.


Wireless System:


A wireless system is a set of devices or components that allow communication between two or more parties without the use of wired connections. Wireless systems are widely used in commercial and residential applications for security, surveillance, control & automation purposes. The global wireless system market size was valued at USD 33 billion in 2015 and is expected to witness significant growth over the forecast period owing to its cost-effectiveness and ease of usage offered by these products.


Wired System:


Wired system is used in temperature monitoring system to transmit data from one point to another without any interruption. It is a reliable and stable way of transferring information. The most commonly used wired systems are telecommunication, power, and data communication systems.


Temperature Monitoring System Market By Application (Bakery & Confectionery, Meat Processing) And Segment Forecasts To 2022 -> The global temperature monitoring system market size was valued at USD 1,270 million in 2014.


Application Insights:


The agriculture application segment led the market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The temperature monitoring system is widely used in agricultural activities, such as livestock farming, horticulture, and arable farming. Moreover, an increase in the adoption of these systems for tracking animal movements across farms has increased their demand across the globe.


Temperature monitoring systems are also used extensively within the food & beverage industry for various applications including chilling cabinets and storage rooms. These devices help maintain frozen products at desired temperatures throughout distribution centers as well as retail stores. Furthermore, they aid food producers with accurate tracking of production processes along with real-time data transmission capabilities that enhance overall efficiency during food processing operations globally. This factor is anticipated to drive product demand over the forecast period globally.


Regional Analysis:


North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few variations in terms of temperature monitoring system application and region. For instance, the U.S., which constitutes about 85% of North America’s total population, has been experiencing an increase in foodborne illness due to contamination or improper storage of food products resulting from poor infrastructure and hygiene issues.


Asia Pacific regional market captured significant revenue share owing to several factors such as increasing government initiatives for improving agricultural practices coupled with rising awareness regarding crop diseases.


Growth Factors:


  • Increasing demand for temperature monitoring systems from the food and beverage industry to ensure product quality and safety.
  • Growing demand for temperature monitoring systems in the healthcare sector to prevent spoilage of drugs and medical supplies.
  • Rising adoption of temperature monitoring systems in the transportation sector to ensure safe delivery of goods.
  • Increasing number of data centers worldwide, which is driving the need for efficient cooling solutions, including temperature monitoring systems.
  • Proliferation of Internet-of-Things (IoT) devices that are generating massive amounts of data that need to be monitored and analyzed, fueling demand for Temperature Monitoring System market

Scope Of The Report

Report Attributes

Report Details

Report Title

Temperature Monitoring System Market Research Report

By Type

Wireless System, Wired System

By Application

Agriculture, Automotive Industry, Food & Beverages Industry, Pharmaceutical Industry, Logistics, Electronics Industry, Oil and Gas Industry

By Companies

Banner Engineering, Cooper-Atkins, Vaisala Oyj, Fluke Process Instruments, Isensix, DeltaTrak, Imec Messtechnik, KTR Kupplungstechnik, Emerson Electric, Physitemp Instruments

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

249

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Temperature Monitoring System Market Report Segments:

The global Temperature Monitoring System market is segmented on the basis of:

Types

Wireless System, Wired System

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

Agriculture, Automotive Industry, Food & Beverages Industry, Pharmaceutical Industry, Logistics, Electronics Industry, Oil and Gas Industry

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:

  1. Banner Engineering
  2. Cooper-Atkins
  3. Vaisala Oyj
  4. Fluke Process Instruments
  5. Isensix
  6. DeltaTrak
  7. Imec Messtechnik
  8. KTR Kupplungstechnik
  9. Emerson Electric
  10. Physitemp Instruments

Global Temperature Monitoring System Market Overview


Highlights of The Temperature Monitoring System Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Wireless System
    2. Wired System
  1. By Application:

    1. Agriculture
    2. Automotive Industry
    3. Food & Beverages Industry
    4. Pharmaceutical Industry
    5. Logistics
    6. Electronics Industry
    7. Oil and Gas Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Temperature Monitoring System 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

Global Temperature Monitoring System Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Temperature Monitoring System Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Temperature Monitoring System Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Temperature Monitoring System Market - Supply Chain
   4.5. Global Temperature Monitoring System Market Forecast
      4.5.1. Temperature Monitoring System Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Temperature Monitoring System Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Temperature Monitoring System Market Absolute $ Opportunity

5. Global Temperature Monitoring System Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Temperature Monitoring System Market Size and Volume Forecast by Type
      5.3.1. Wireless System
      5.3.2. Wired System
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Temperature Monitoring System Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Temperature Monitoring System Market Size and Volume Forecast by Application
      6.3.1. Agriculture
      6.3.2. Automotive Industry
      6.3.3. Food & Beverages Industry
      6.3.4. Pharmaceutical Industry
      6.3.5. Logistics
      6.3.6. Electronics Industry
      6.3.7. Oil and Gas Industry
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Temperature Monitoring System Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Temperature Monitoring System Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Temperature Monitoring System Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Temperature Monitoring System Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Temperature Monitoring System Demand Share Forecast, 2019-2029

9. North America Temperature Monitoring System Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Temperature Monitoring System Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Temperature Monitoring System Market Size and Volume Forecast by Application
      9.4.1. Agriculture
      9.4.2. Automotive Industry
      9.4.3. Food & Beverages Industry
      9.4.4. Pharmaceutical Industry
      9.4.5. Logistics
      9.4.6. Electronics Industry
      9.4.7. Oil and Gas Industry
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Temperature Monitoring System Market Size and Volume Forecast by Type
      9.7.1. Wireless System
      9.7.2. Wired System
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Temperature Monitoring System Demand Share Forecast, 2019-2029

10. Latin America Temperature Monitoring System Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Temperature Monitoring System Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Temperature Monitoring System Market Size and Volume Forecast by Application
      10.4.1. Agriculture
      10.4.2. Automotive Industry
      10.4.3. Food & Beverages Industry
      10.4.4. Pharmaceutical Industry
      10.4.5. Logistics
      10.4.6. Electronics Industry
      10.4.7. Oil and Gas Industry
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Temperature Monitoring System Market Size and Volume Forecast by Type
      10.7.1. Wireless System
      10.7.2. Wired System
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Temperature Monitoring System Demand Share Forecast, 2019-2029

11. Europe Temperature Monitoring System Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Temperature Monitoring System Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Temperature Monitoring System Market Size and Volume Forecast by Application
      11.4.1. Agriculture
      11.4.2. Automotive Industry
      11.4.3. Food & Beverages Industry
      11.4.4. Pharmaceutical Industry
      11.4.5. Logistics
      11.4.6. Electronics Industry
      11.4.7. Oil and Gas Industry
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Temperature Monitoring System Market Size and Volume Forecast by Type
      11.7.1. Wireless System
      11.7.2. Wired System
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Temperature Monitoring System Demand Share, 2019-2029

12. Asia Pacific Temperature Monitoring System Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Temperature Monitoring System Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Temperature Monitoring System Market Size and Volume Forecast by Application
      12.4.1. Agriculture
      12.4.2. Automotive Industry
      12.4.3. Food & Beverages Industry
      12.4.4. Pharmaceutical Industry
      12.4.5. Logistics
      12.4.6. Electronics Industry
      12.4.7. Oil and Gas Industry
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Temperature Monitoring System Market Size and Volume Forecast by Type
      12.7.1. Wireless System
      12.7.2. Wired System
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Temperature Monitoring System Demand Share, 2019-2029

13. Middle East & Africa Temperature Monitoring System Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Temperature Monitoring System Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Temperature Monitoring System Market Size and Volume Forecast by Application
      13.4.1. Agriculture
      13.4.2. Automotive Industry
      13.4.3. Food & Beverages Industry
      13.4.4. Pharmaceutical Industry
      13.4.5. Logistics
      13.4.6. Electronics Industry
      13.4.7. Oil and Gas Industry
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Temperature Monitoring System Market Size and Volume Forecast by Type
      13.7.1. Wireless System
      13.7.2. Wired System
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Temperature Monitoring System Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Temperature Monitoring System Market: Market Share Analysis
   14.2. Temperature Monitoring System Distributors and Customers
   14.3. Temperature Monitoring System Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Banner Engineering
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Cooper-Atkins
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Vaisala Oyj
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Fluke Process Instruments
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Isensix
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. DeltaTrak
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Imec Messtechnik
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. KTR Kupplungstechnik
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Emerson Electric
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Physitemp Instruments
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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