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Temperature Monitoring Systems - Global Market Trajectory & Analytics

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    Report

  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303586

FEATURED COMPANIES

  • 3M
  • Deltatrak
  • Honeywell
  • Monnit Corporation
  • Sensoscientific, Inc.
  • Testo AG
Global Temperature Monitoring Systems Market to Reach $5.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Temperature Monitoring Systems estimated at US$4.5 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2027, growing at a CAGR of 3.8% over the period 2020-2027. Contact, one of the segments analyzed in the report, is projected to record 3.1% CAGR and reach US$3.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Contact segment is readjusted to a revised 5.2% CAGR for the next 7-year period.





The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 6.2% CAGR

The Temperature Monitoring Systems market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2027 trailing a CAGR of 6.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 37 Featured):
  • 3M
  • ABB Ltd.
  • Deltatrak
  • Emerson Electric
  • Fluke Corporation (A Subsidiary of Fortive Corporation)
  • Honeywell
  • Kelsius, Ltd.
  • Monnit Corporation
  • Omega Engineering (A Subsidiary of Spectris)
  • Rees Scientific
  • Sensoscientific, Inc.
  • Siemens AG
  • Testo AG
  • Thermo Fisher Scientific
  • Vaisala
Frequently Asked Questions about the Global Market for Temperature Monitoring Systems

What is the estimated value of the Global Market for Temperature Monitoring Systems?

The Global Market for Temperature Monitoring Systems was estimated to be valued at $4.5 Billion in 2020.

What is the growth rate of the Global Market for Temperature Monitoring Systems?

The growth rate of the Global Market for Temperature Monitoring Systems is 3.9%, with an estimated value of $5.9 Billion by 2027.

What is the forecasted size of the Global Market for Temperature Monitoring Systems?

The Global Market for Temperature Monitoring Systems is estimated to be worth $5.9 Billion by 2027.

Who are the key companies in the Global Market for Temperature Monitoring Systems?

Key companies in the Global Market for Temperature Monitoring Systems include 3M, ABB Ltd., Deltatrak, Emerson Electric, Fluke Corporation (A Subsidiary of Fortive Corporation), Honeywell, Kelsius, Ltd., Monnit Corporation and Rees Scientific.

FEATURED COMPANIES

  • 3M
  • Deltatrak
  • Honeywell
  • Monnit Corporation
  • Sensoscientific, Inc.
  • Testo AG

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERS4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA

IV. COMPETITION
  • Total Companies Profiled: 37

A selection of companies mentioned in this report includes:

  • 3M
  • ABB Ltd.
  • Deltatrak
  • Emerson Electric
  • Fluke Corporation (A Subsidiary of Fortive Corporation)
  • Honeywell
  • Kelsius, Ltd.
  • Monnit Corporation
  • Omega Engineering (A Subsidiary of Spectris)
  • Rees Scientific
  • Sensoscientific, Inc.
  • Siemens AG
  • Testo AG
  • Thermo Fisher Scientific
  • Vaisala