Dublin, Aug. 18, 2023 (GLOBE NEWSWIRE) -- The "US Temperature Monitoring Systems Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.
US Temperature Monitoring Systems Market is projected to reach a value of $1.8 billion by 2028 from $1.41 billion in 2022, growing at a CAGR of 4.2%
The study explores the landscape of temperature monitoring systems in various industries, encompassing healthcare, pharmacies, food & beverage, and the semiconductor & electronic sectors. Notably, the adoption of innovative products is shaping the future of the U.S. temperature monitoring systems market.
Intricately designed non-contact-based temperature monitoring systems are emerging as a preferred choice for monitoring products and processes. These systems play a pivotal role in alerting deviations from standard processes, ensuring precision and efficiency across industries. As the demand for accuracy and real-time monitoring intensifies, the scope of temperature monitoring systems continues to expand across diverse fields.
The shift towards digitalization and the increase in the adoption of remote working is driving the demand for products like temperature monitoring systems in the market. Logistics is one of the applications which uses both contact and contactless temperature monitoring systems in the market, to monitor both highly sensitive products and non-sensitive products in the market.
KEY HIGHLIGHTS:
- Contactless temperature monitoring systems can take readings immediately and accurately by spot-checking several surfaces in seconds. One major application of contactless temperature monitoring is its wide range of temperature measurements.
- COVID-19 vaccine distribution was one of the significant processes in which a large volume of temperature monitoring systems was involved to monitor the temperature of the vaccines while transporting them across the globe
- The food & beverage industry is currently experiencing a digital revolution. Large corporations, smaller, and more agile brands are embracing digital technologies to gather extensive data on their workflow processes and enhance safety and quality in food processing, packaging, and distribution.
- The major players focus on strategic acquisitions, licensing, and collaboration agreements with emerging players to enter the temperature monitoring systems market to access commercially launched products.
- Materials, cells respond differently at various temperatures. Every process has its own method that tests the materials and cells at various temperatures to keep them working at the ideal temperature. Temperature monitoring systems play a major role.
KEY ATTRIBUTES
| Report Attribute | Details |
| No. of Pages | 71 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value (USD) in 2022 | $1.41 Billion |
| Forecasted Market Value (USD) by 2028 | $1.8 Billion |
| Compound Annual Growth Rate | 4.1% |
| Regions Covered | United States |
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape
- Key Vendors
- Other Prominent Vendors
- Strategic Recommendations
- Quantitative Summary
- Abbreviations
VENDORS LIST
Key Vendors
- Honeywell
- Sensata
- Testo
- Convatech
Other Prominent Vendors
- Deltaohm
- Dickson
- E-Control
- Eupry
- Fluke
- Hanwell
- Mesalabs
- Monnit
- Omega
- Oneevent
- Primex
- Sensoscientific
SEGMENTATION & FORECAST
Product
- Contact -Based
- Non-Contact-Based
End-User
- Chemical & Petrochemical Industries
- Semiconductor & Electronics
- Healthcare Food & Beverage
- Others
Application
- Industrial
- Medical
For more information about this report visit https://www.researchandmarkets.com/r/2aq19h
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