Data Bridge Market Research analyses that the desktop reference thermometer market which was growing at a value of 9.87 million in 2021 and is expected to reach the value of USD 16.33 million by 2029, at a CAGR of 6.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
In order to measure temperature in an industrial setting, reference thermometers provide high accuracy temperature sensors with hand-held readout instruments. To provide the highest accuracy possible, reference thermometers are calibrated to UKAS standards. It can be used for comparison calibration, which involves placing both the reference thermometer and the temperature sensor to be tested in a stable heat source, such as a water bath. The tested temperature sensor readings can be compared to the reference thermometer readings to determine the temperature sensor's accuracy.
Global Desktop Reference Thermometer Market Dynamics
Drivers
- High accuracy provided by these thermometers
Precision measurement is a critical component of industrial manufacturing processes. RTD probe thermometers precisely meet the needs of technicians, including accuracy and portability. Furthermore, these multi-functional, high-end devices display temperature values as well as record and analyse related data. Furthermore, the majority of these high-accuracy probe-type thermometers are multichannel devices that can be used in conjunction with other probe-type sensors such as thermocouples and thermistors, depending on the temperature range of measurement required. Precise measurement, the ability to perform various operations, and portability are major advantages that are expected to drive demand even further over the forecast period.
- Technological advancements in instrumentation engineering
Growing manufacturing activities in both developing and developed countries are expected to drive growth in the global reference thermometer market during the forecast period. Furthermore, technological advancements in instrumentation engineering and improvements in the accuracy of temperature measurement devices are expected to fuel the target market's growth over the forecast period. Furthermore, rising demand for RTD sensors and favourable government policies aimed at reducing the use of mercury in thermometers are expected to drive global market growth over the forecast period.
Opportunity
Technological advancements in instrumentation engineering will create several opportunities for the desktop reference thermometer market to grow during the forecast period. Some of the factors expected to drive growth in the desktop reference thermometer market include favourable government regulations around the world to reduce the use of mercury in thermometers.
Restraints
With high market treats of substitutes such as mercury thermometers, the market will act as a restraint, further challenging the growth of desktop reference thermometer during the forecast period.
This desktop reference thermometer market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the desktop reference thermometer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Desktop Reference Thermometer Market
An extraordinary global public health disaster brought on by the COVID-19 has almost affected every industry. Its long-term effects are anticipated to have an impact on industry growth over the course of the projection period. Our ongoing research is improving the way we conduct it to make sure that the underlying COVID-19 issues and potential solutions are covered. In 2020, demand for thermometers increased because, among other important indicators, temperature was a significant predictor of coronavirus infection. With the aid of forehead thermometers, authorities and medical experts may monitor temperature without running the risk of contracting an infection from one another. The popularity of digital thermometers has grown in comparison to conventional mercury thermometers. The 2020 pandemic has favoured non-contact thermometers, resulting in a sharp decline in demand over the last decade.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Desktop Reference Thermometer Market Scope
The desktop reference thermometer market is segmented on the basis of type and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Handled
- Others
Application
- Industrial
- Medical
- Others
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Some of the major players operating in the desktop reference thermometer market are:
- WIKA Instruments India Pvt. Ltd.(India)
- Fluke Corporation (U.S.)
- Dostmann Electronic GmbH (Germany)
- Isothermal Technology Limited. (U.K.)
- Thermco Products Inc. (U.S.)
- ThermoProbe, Inc. (U.S.)
- AccuMac Technology Inc. (U.S.)
- CHINO Corporation India Pvt. Ltd. (India)
- Eurolec Instrumentation Ltd. (Ireland)
- Gometrics SL (Spain)
- IndoSurgicals Private Limited. (India)
- Sperry West. (U.S.)
- KwikTemp Medical (U.S.)
- Welch Allyn (U.S.)
- Exergen Corporation(US)
- Geratherm Medical AG (Germany)
- Microlife Corporation. (Switzerland)
- BPL Medical Technologies (India)
- CONTEC MEDICAL SYSTEMS CO.,LTD (China)
- Cardinal Health. (U.S.)
- OMRON Corporation (U.S.)
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· Market New Sales Volumes
· Market Replacement Sales Volumes
· Market Installed Base
· Market By Brands
· Market Procedure Volumes
· Market Product Price Analysis
· Market Cost of Care Analysis
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Reference thermometers offer high accuracy temperature sensors with hand-held readout instruments in order to measure temperature in industrial setting.
It can be used for a comparison calibration, where the reference thermometer and the temperature sensor to be tested are both placed in a stable heat source such as a water bath.
The tested temperature sensors readings can be checked against the reference thermometers readings to determine the accuracy of temperature sensor.The sensitivity of reference thermometers has played a crucial role in the growth of the global market for reference thermometers.
It has the capability to function in varying industrial environments.
Owing to the aforementioned factors, it is safe to estimate that the demand within the global market for reference thermometers is projected to keep rising in the years to follow.Get Sample Copy of Reference Thermometer Market Report @ https://dataintelo.com/request-sample/?reportId=495The Report entitled 2019-2026 Global Reference Thermometer Market Report explores the essential factors of the Reference Thermometer market considering such as industry situations, market demands, market players adopted business strategies and their growth scenario.
The Global Reference Thermometer market has been separated by this report based on the key players profiles, Type, Application and Regions.Read More @ https://www.marketwatch.com/press-release/global-reference-thermometer-market-industry-analysis-size-share-trends-growth-and-forecast-2019---2026-2019-12-20
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