Temperature Detection Screen Market By Product Type (Thermocouples, RTDs, Thermistors, Temperature Sensor ICs, and Others), and Industry Vertical (Chemical & Petrochemical, Oil & Gas, Energy & Power, Automotive, Food & Beverages, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027
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COVID-19
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Request Now !Temperature Detection Screen Market Outlook – 2027Â
The global temperature detection screen market is experiencing significant growth and is expected to grow considerably in the next few years. A temperature detection screen is an electronic device that measures the temperature of its environment and converts the input data into electronic data to record monitor or signal temperature changes. There are many different types of temperature detection screen. Some temperature sensors require direct contact with the physical object that is being monitored (contact temperature detection screen) while others indirectly measure the temperature of an object (non-contact temperature detection screen).
The global temperature detection screen market is segmented on the basis of product type, industry vertical, and region. Based on product type, the temperature detection screen market is divided into thermocouples, RTDs, thermistors, temperature sensor ICs, and others. In terms of industry vertical, the market is segregated into chemical & petrochemical, oil & gas, energy & power, automotive, food & beverages, healthcare, and others. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).
Key players operating in the global temperature detection screen industry include Panasonic Corporation, Honeywell International Inc., Texas Instruments Incorporated, Emerson Electric Company, NXP Semiconductors, Microchip Technology Incorporated, ABB Limited, On Semiconductor, and Maxim Integrated. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market.Â
Top Impacting FactorsÂ
Integration of automation and intelligent robotics with temperature detector screens is promising for the market progress. Growth in confirmed COVID-19 cases is increasing the need for temperature detector screens. Growing need for security and surveillance in private and public areas is broadening the adoption of temperature detector screens. However, high costs associated with temperature detection screens are hampering their adoption rate.
Military and Defense Sector to Drive the Growth of Market
Temperature detection screens are finding immense utilization in the military field for day-night observation and thermal target detection. Continuous innovations in infrared (IR) imaging are boosting the adoption of cost-efficient IR imaging devices and temperature detection screens in military surveillance, guidance, and reconnaissance.Â
Growing need for security and surveillance applications in public and private areas is offering value-capture opportunities for market players. Shift toward enhanced closed-circuit security in response to investment upheaval in infrastructural systems for professional surveillance is expected to further fuel the temperature detection screen market growth.
Rising Demand in Automotive and Industrial ApplicationsÂ
The thermal imaging technique is being continuously researched and is one of the key diagnostic technologies incorporated for industrial applications. Such temperature detection screens are playing a key role in the manufacturing industry for detecting faults and anomalies that are otherwise invisible to the naked eye. These benefits are creating potential growth opportunities for the market.Â
Moreover, the fusion of intelligent robotics and automation tools with temperature detection screens and thermal imaging equipment helps discover anomaly hot-spots and determine the maintenance strategy. Various industries across the globe have discovered the benefits of integrating temperature detection screens and related equipment, thereby driving the temperature detection screen market growth.
Key Benefits of the Report
- This study presents the analytical depiction of the global temperature detection screen market forecast along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global temperature detection screen market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global temperature detection screen market trends and growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.Â
- The report provides a detailed temperature detection screen market analysis based on competitive intensity and how the competition will take shape in the coming years.
Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available For Years | 2019–2027 |
Base Year Considered | 2019 |
Forecast Period | 2020–2027 |
Forecast Units | Value (USD) |
Segments Covered | Product Type, Industry Vertical, and Region |
Regions Covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, Africa) |
Companies Covered | Panasonic Corporation, Honeywell International Inc., Texas Instruments Incorporated, Emerson Electric Company, NXP Semiconductors, Microchip Technology Incorporated, ABB Limited, On Semiconductor, and Maxim Integrated |
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COVID-19 Scenario AnalysisÂ
- The coronavirus (COVID-19) pandemic has substantially overwhelmed the healthcare industry. Most of the healthcare workers have formed high-functioning teams to respond to exponentially rising COVID-19 caseloads.Â
- The pandemic increasing the demand for contactless temperature detector screens. The non-contact temperature detector screening aspect aids to screen patients without causing further contagion.
- The healthcare industry is witnessing considerable increase in demand for contactless temperature detectors screen. Such temperature detective screens are playing a crucial role on the global scale amidst the ongoing COVID-19 pandemic.Â
- The non-contact temperature detector screening feature helps screen patients while enabling healthcare professional and authorities to avoid the contagion. As the number of COVID-19 infections continues to grow, the healthcare industry is focusing on procuring medical tools and equipment to monitor and contain the spread of COVID-19 virus. This demand for thermal scanners and temperature detection screens is rising rapidly on a global level.
Temperature Detection Screen Market Key Segments
Segments | Sub-segments |
Product Type |
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Industry Vertical |
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Questions Answered in the Temperature Detection Screen Market Research Report
- Which are the leading market players active in the temperature detection screen market?
- What would be the detailed impact of COVID-19 on the temperature detection screen market size?
- How the current temperature detection screen market trends that will influence the industry in the next few years?
- What are the driving factors, restraints, and opportunities of the global market?
- What are the projections for the future that would help in taking further strategic steps?
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
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- Scientific and technical writings for product information and related preemptions
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- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
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