Market Overview:
The global waterproof RTD 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 waterproof RTD thermometers in residential and industrial applications. In terms of type, the single input segment is expected to dominate the global waterproof RTD thermometers market during the forecast period. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030. By application, the industrial segment is expected to account for majority share of the global waterproof RTD thermometers market during the forecast period.
Product Definition:
A waterproof RTD thermometer is an instrument used to measure the temperature of a liquid or gas. It has a probe with a sensor at the end that is inserted into the substance being measured. The thermometer sends a signal to a receiver that converts it to a temperature reading. Waterproof RTD thermometers are important because they can be used in difficult or dangerous environments where other types of thermometers would not be able to survive. They are often used in industrial and laboratory settings, as well as by firefighters and rescue workers.
Single Input:
Single input waterproof RTD thermometers are used for measuring temperature of liquid or fluid-based media. These thermometers have one temperature sensor and one or more output terminals. The single input type is majorly used in water & wastewater treatment plants, petrochemical refineries, desalination plants and other process industries where there is need to measure temperature of fluidized solids such as sludge.
Dual Input:
Dual input is a technology used in waterproof RTD thermometers that allows two temperature inputs, one for the ambient air and another for the water or liquid. The dual input technology helps to get an accurate measurement of temperature as it provides two independent measurements at the same time.
The first type of dual input waterproof RTD thermometer was launched by Honeywell in 2008 and since then many other companies have followed suit.
Application Insights:
The industrial application segment led the global waterproof RTD thermometers market in 2017. Factors such as high accuracy, long life span, and large display screen are driving the demand for industrial applications. The residential application segment is expected to witness a CAGR of XX% over the forecast period owing to rising product adoption by end-users for various applications including water heating and cooling systems, pools & spas, hot water tanks, hydronic heating & cooling systems among others.
The Others application segment includes space heating/cooling equipment (such as chiller), boiler feedwater temperature monitoring along with other process monitoring needs like dairy ventilation rooms or animal housing areas where heat transfer fluids flow through pipes that may get clogged due to sediments or organic materials that prevent fluid flow through these pipes at normal temperatures resulting in an increased demand for products used in cleaning operations leading to higher growth rate of 6% over other segments during 2018 - 2030 timeframe.
Regional Analysis:
Asia Pacific dominated the global waterproof RTD thermometers market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to increasing demand from residential and industrial sectors. Countries such as China, India, Japan are experiencing strong economic growth which has led to an increase in construction activities. This trend is projected to drive product demand over the forecast period.
Europe was estimated at USD X million in 2017 and is anticipated to grow at a significant rate during the forecast years on account of rising product adoption across various end-use industries such as manufacturing, transportation & logistics, energy & power, others). Increasing R&D activities related with temperature measurement will further boost industry growth during the projected period.
The North America regional market was valued at USD X million in 2018 owing both volumes (thermometers sold).
Growth Factors:
- Increasing demand from the end-user industries for accurate and reliable temperature measurements
- Growing awareness about the benefits of using waterproof RTD thermometers for various industrial applications
- Technological advancements in waterproof RTD thermometer design and manufacturing processes
- Rising demand from emerging markets across the globe
- Growing popularity of online shopping among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Waterproof RTD Thermometers Market Research Report
By Type
Single Input, Dual Input
By Application
Residential, Industrial, Others
By Companies
OMEGA Engineering, Brannan, REED Instruments, AZ Instrument
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Waterproof RTD Thermometers Market Report Segments:
The global Waterproof RTD Thermometers market is segmented on the basis of:
Types
Single Input, Dual Input
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
Residential, Industrial, 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:
- OMEGA Engineering
- Brannan
- REED Instruments
- AZ Instrument
Highlights of The Waterproof RTD 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:
- Single Input
- Dual Input
- By Application:
- Residential
- Industrial
- 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 RTD 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
- 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 RTD thermometers are designed to be used in wet or damp environments. They typically have a waterproof housing and an electronic sensor that is resistant to water and other environmental factors. These thermometers can be used for temperature measurement in liquids, gases, or solids.
Some of the key players operating in the waterproof rtd thermometers market are OMEGA Engineering, Brannan, REED Instruments, AZ Instrument.
The waterproof rtd thermometers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Waterproof RTD Thermometers 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. Waterproof RTD Thermometers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Waterproof RTD Thermometers Market - Supply Chain
4.5. Global Waterproof RTD Thermometers Market Forecast
4.5.1. Waterproof RTD Thermometers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Waterproof RTD Thermometers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Waterproof RTD Thermometers Market Absolute $ Opportunity
5. Global Waterproof RTD Thermometers 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. Waterproof RTD Thermometers Market Size and Volume Forecast by Type
5.3.1. Single Input
5.3.2. Dual Input
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Waterproof RTD Thermometers 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. Waterproof RTD Thermometers Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Waterproof RTD Thermometers 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. Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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. Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Demand Share Forecast, 2019-2026
9. North America Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Waterproof RTD Thermometers Market Size and Volume Forecast by Type
9.7.1. Single Input
9.7.2. Dual Input
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 Waterproof RTD Thermometers Demand Share Forecast, 2019-2026
10. Latin America Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Waterproof RTD Thermometers Market Size and Volume Forecast by Type
10.7.1. Single Input
10.7.2. Dual Input
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 Waterproof RTD Thermometers Demand Share Forecast, 2019-2026
11. Europe Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Waterproof RTD Thermometers Market Size and Volume Forecast by Type
11.7.1. Single Input
11.7.2. Dual Input
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 Waterproof RTD Thermometers Demand Share, 2019-2026
12. Asia Pacific Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Waterproof RTD Thermometers Market Size and Volume Forecast by Type
12.7.1. Single Input
12.7.2. Dual Input
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 Waterproof RTD Thermometers Demand Share, 2019-2026
13. Middle East & Africa Waterproof RTD Thermometers 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 Waterproof RTD Thermometers 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 Waterproof RTD Thermometers Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Waterproof RTD Thermometers Market Size and Volume Forecast by Type
13.7.1. Single Input
13.7.2. Dual Input
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 Waterproof RTD Thermometers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Waterproof RTD Thermometers Market: Market Share Analysis
14.2. Waterproof RTD Thermometers Distributors and Customers
14.3. Waterproof RTD Thermometers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. OMEGA 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. Brannan
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. REED Instruments
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. AZ Instrument
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
