Asia Pacific Temperature Monitoring Systems Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Application (GxP Environment and Life Science Applications, Cold Chain Applications, Vaccine, Semiconductor Manufacturing, Cleanrooms, Data Centers and Equipment Rooms, Museums and Archives, Food and Beverage Manufacturing, Chart Recorder Replacement, and Others), Type (Contract-Based Temperature Monitoring Systems and Non-Contract-Based Temperature Monitoring Systems), and Industries (Healthcare and Life Science Facilities, Medical Device Manufacturing Companies, Pharmaceutical and Biotechnology Companies, Food and Beverage Product Manufacturers, and Others)
The APAC temperature monitoring systems market is expected to grow from US$ 605.85 million in 2021 to US$ 948.72 million by 2028; it is estimated to grow at a CAGR of 6.6% from 2021 to 2028.
Thermometers based on infrared sensors enable accurate non-contact temperature measurements in healthcare applications. The main uses of this type of thermometer include measuring forehead temperature, ear temperature, or skin temperature. The temperature detector contains some thermocouples on a silicon clip to measure the infrared energy of the object. Moreover, as the number of cases of COVID-19 increased, social distance norms were strictly adhered to, even in some organizations and residential areas. Due to this factor, the demand for non-contact thermometers based on infrared sensors increased across the region. Hence, some companies preferred inorganic strategic partnerships to manufacture digital infrared thermometers to meet the potential demand for thermometers. As highly contagious diseases are rapidly spreading across the region, the use of non-contact thermometers is becoming a medical necessity. To detect viral or bacterial infections, it is necessary to measure accurate body temperature, preferably without contact, to prevent the spread of the disease within the healthcare system. Additionally, recent innovations have reduced manufacturing costs, improved the reliability of these non-contact thermometers, and opened the door to many new applications. Four key factors—application, equipment accuracy, reliability, and budget—help determine the type of non-contact measurement instrument to use. Thus, the growing demand for non-contact-based thermometers is anticipated to be a market trend in the coming years.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the APAC temperature monitoring systems market. The APAC temperature monitoring systems market is expected to grow at a good CAGR during the forecast period.
APAC Temperature Monitoring Systems Market Revenue and Forecast to 2028 (US$ Million)
APAC Temperature Monitoring Systems Market Segmentation
The APAC temperature monitoring systems market is segmented based on application, type, industry, and country. Based on application, the APAC temperature monitoring systems market is segmented into GxP environment and life science applications, cold chain applications, vaccine, semiconductor manufacturing, cleanrooms, data centers and equipment rooms, museums and archives, food and beverage manufacturing, chart recorder replacement, and others. The GxP environment and life science applications segment dominated the market in 2021. Based on type, the APAC temperature monitoring systems market is bifurcated into contract-based temperature monitoring systems and non-contract-based temperature monitoring systems. The contract-based temperature monitoring systems segment dominated the market in 2021. The contract-based temperature monitoring systems segment is further segmented into conventional temperature monitoring system, temperature monitoring strips and labels, and wireless temperature monitoring system. The non-contract-based temperature monitoring systems segment is further segmented into pyrometer and infrared thermometer market, thermal imagers market, and fiber optic thermometer. Based on industries, the APAC temperature monitoring systems market is segmented into healthcare and life science facilities, medical device manufacturing companies, pharmaceutical and biotechnology companies, food and beverage product manufacturers, and others. The healthcare and life science facilities segment dominate the market in 2021. The healthcare and life science facilities segment is further segmented into healthcare providers, pharmacies, patient monitoring and home care settings, blood banks and tissue banks and diagnostic labs and IVF clinics, and others. Based on country, the APAC temperature monitoring systems market has been categorized into China, India, Japan, South Korea, Australia, and the Rest of APAC. China dominated the market in 2021.
3M, ABB Ltd., CenTrak, Deltatrak Inc., E-Control Systems Inc., Emerson Electric Co., Honeywell International Inc., Monnit Corporation, SensoScientific Inc., and Vaisala are among the leading companies in the APAC temperature monitoring systems market.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC temperature monitoring system market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC temperature monitoring system market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the temperature monitoring system market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook