Wireless Temperature Monitoring System Market by End-user and Geography - Forecast and Analysis 2020-2024

Published: May 2020

Pages: 120

SKU: IRTNTR43891

Snapshot

The wireless temperature monitoring system market size has the potential to grow by $ 442.98 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (commercial, healthcare, food and beverage, electronics, and others) and geography (APAC, North America, Europe, MEA, and South America). Also, the report analyzes the market's competitive landscape and offers information on several market vendors, including ABB Ltd., Emerson Electric Co., Fluke Corp., Hanwell Solutions Ltd, Honeywell International Inc., SensoScientific Inc., Siemens AG, Testo SE & Co. KGaA, Thermo Fisher Scientific Inc., and Vaisala Oyj.

Market Overview

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Market Competitive Analysis

The market is fragmented. ABB Ltd., Emerson Electric Co., Fluke Corp., Hanwell Solutions Ltd, Honeywell International Inc., SensoScientific Inc., Siemens AG, Testo SE & Co. KGaA, Thermo Fisher Scientific Inc., and Vaisala Oyj are some of the major market participants. Factors such as increase in number of data centers, increasing demand for medical facilities, and growing number of retail stores and supermarkets will offer immense growth opportunities. However, high cost of maintenance, fluctuating oil prices, and global economic slowdown may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this wireless temperature monitoring system market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market's competitive landscape and offers information on the products offered by various companies. Moreover, this wireless temperature monitoring system market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

Wireless Temperature Monitoring System Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.

36% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for wireless temperature monitoring system in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the wireless temperature monitoring market size.

Wireless Temperature Monitoring System Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will wireless temperature monitoring system market growth during the next five years
Precise estimation of the wireless temperature monitoring system market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the wireless temperature monitoring system industry across APAC, North America, Europe, MEA, and South America
A thorough analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of wireless temperature monitoring system market vendors

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Table of Contents

Executive Summary

Market Landscape

Market ecosystem
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

Market Segmentation by End-user

Market segments
Comparison by End user
Commercial - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
Food and beverage - Market size and forecast 2019-2024
Electronics - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Overview
Vendor landscape
Landscape disruption

Vendor Analysis

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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