Temperature Detection Screen Market Expected to Reach $1,519.22 Million, Globally, By 2031 at 10.88% CAGR: Allied Market Research

Surge in demand from healthcare sector and extensive use in various industries drives the growth of the global temperature detection screen market.

PORTLAND, Ore., Feb. 23, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Temperature Detection Screen Market By Platform (Handheld/Portable and Smart/Fixed Position), Technology (Non-Contact Infrared Technology and Thermal Imaging Systems), Application (Living Beings, Equipment/Machines and Others), and Industry Vertical (Healthcare and Life Sciences, Residential and Commercial Buildings, Military and Defense, Transportation and Logistics, Power Generation, Oil and Gas, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2031", According to the report, the global temperature detection screen industry generated $538.8 million in 2021, and is estimated to reach $1,519.22 million by 2031, witnessing a CAGR of 10.88% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Request PDF Brochure: https://www.alliedmarketresearch.com/request-sample/10304 

Drivers, Restraints, and Opportunities

Surge in demand for temperature detection screens in healthcare sector, extensive use in various industries, and increasing use in global automation and predictive maintenance analysis for routine checkup of equipment in manufacturing industries drives the growth of the global temperature detection screen market. On the other hand, lack of awareness in emerging nations impede the growth to some extent. However, mounting adoption rate of digital infrastructure backed by technological development to facilitate numerous growth opportunities during the forecast period.

Report Coverage and Details:

COVID-19 Scenario:

• Electronics manufacturing hubs have been temporarily shut down to limit the COVID-19 spread among individuals. This has majorly affected the supply chain of the temperature detection screen market by creating shortage of materials, components, and finished goods.
• Lack of business continuity has ensured significant negative impact on revenue and shareholder returns, which further results in financial disruptions in the market. In addition, various governments restricted the use of temperature detection screens for consumer use, as the vendors were selling wrong product during the pandemic.

The Handheld/Portable segment to rule the roost

By platform, the handheld/portable segment held the major share in 2021, garnering more than half of the global temperature detection screen market revenue. However, the smart/fixed position segment would Showcase the fastest CAGR of 12.76% during the forecast period. The primary advantage associated with handheld/portable segment is its less expensive nature.

Non-Contact Infrared Technology dominated the market

By technology, the non-contact infrared technology segment contributed to the highest share in 2021, accounting for over half of the global temperature detection screen market revenue. However, the thermal imaging systems segment would showcase the fastest CAGR of 13.14% throughout the forecast period. The NCIT sector is driven by its non-contact nature of operation and ease of use.

The Living Beings segment to dominate by 2031

By application, the living beings segment accounted for around two-thirds of the global temperature detection screen market share in 2021 and is expected to rule the roost in 2031. However, the equipment/machines segment would display the fastest CAGR of 13.38% throughout the forecast period. The large number of human beings and animals are responsible for this segment's high share in the market.

The Healthcare and Life Sciences segment is most important in 2021

By industry vertical, the healthcare and life sciences segment accounted for highest share of the global temperature detection screen market share in 2021 and is expected to rule the roost in 2031. However, the oil and gas segment would display the fastest CAGR of 19.38% throughout the forecast period. The requirement for a high number of units in the healthcare industry is the reason for its dominance in the market.

Asia-Pacific garnered the major share in 2021

By region, Asia-Pacific garnered the highest share in 2021, holding nearly one-third of the global temperature detection screen market revenue in 2021, and is projected to retain its dominance by 2031. The same region would also portray the fastest CAGR of 12.91% during the forecast period. Among the reasons for the high share of the region are the increasing number of hospitals and clinics, as well as the increase in the number of people having access to medical care.

Want to Access the Statistical Data & Graphs, and Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/10304 

Leading Market Players

• 3M Company
• FLIR Systems Inc.
• Leonardo S.p.A.
• L3Harris Technologies Inc.
• Axis Communications AB
• Opgal Optronic Industries Ltd.
• AMETEK Land
• Fluke Corporation
• Terabee
• Vumii Imaging

The report analyzes these key players in the global temperature detection screen market. These players have adopted various strategies such as expansion, new product launches, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.

Key Benefits For Stakeholders:

• This study comprises an analytical depiction of the market size along with the current trends and future estimations to depict the imminent investment pockets.
• The overall market analysis is determined to understand the profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
• The current temperature detection screen market forecast is quantitatively analyzed from 2021 to 2031 to benchmark financial competency.
• Porter's five forces analysis illustrates the potency of the buyers and suppliers in the temperature detection screen market size.
• The report includes the market share of key vendors and market trends.

Temperature Detection Screen Market Key Segments:

By Application:

• Living Beings
• Equipment/Machines
• Others

By Platform:

• Handheld/Portable
• Smart/Fixed Position

By Technology:

• Non-Contact Infrared Technology
• Thermal Imaging Systems

By Industry Vertical:

• Healthcare and Life Sciences
• Residential and Commercial Buildings
• Military and Defense
• Transportation and Logistics
• Power Generation
• Oil and Gas
• Manufacturing
• Others

By Region:

• North America (U.S., Canada, and Mexico)
• Europe (U.K., Germany, France, Italy, Spain, Russia, Netherlands, Belgium, Poland, and Rest of Europe)
• Asia-Pacific (China, Japan, India, South Korea, Australia, Malaysia, Thailand, Philippines, Indonesia, and Rest of Asia-Pacific)
• LAMEA (Latin America, Middle East and Africa)

Procure Complete Report (463 Pages PDF with Insights, Charts, Tables, and Figures) @ https://bit.ly/3INd1cL 

Trending Reports in Semiconductor and Electronics Industry (Book Now with 10% Discount + COVID-19 Scenario):

Thermal Imaging Camera Market By Product Type (Camera, Modules, and Scope & Goggles), Type (Cooled, and Uncooled), Application (Security & Surveillance, Monitoring & Inspection, and Detection & Measurement), Industry Vertical (Industrial, Marine, Aerospace & Defense, Commercial, Automotive, and Others), and Sales Channel (Direct and Indirect): Global Opportunity Analysis and Industry Forecast, 2021-2030

Acoustic Glass Break Detector Market By Interface Type (Wired, and Wireless), Maximum Detection Range (Less than 5 m, Between 5 to 10 m, Greater than 10 m), and End Use Vertical (Residential, and Commercial): Global Opportunity Analysis and Industry Forecast, 2021-2031

Fire Alarm and Detection System Market By Offering (Hardware and Software), Product Type (Fire Alarm Type and Detector Type), Detection Technology (Addressable and Conventional), Connectivity (Wired and Wireless), and End User (Commercial, Residential, and Industrial): Global Opportunity Analysis and Industry Forecast, 2021-2030

LiDAR Market By Type (Terrestrial, Aerial, Mobile, and Short Range), Component (LASER, Inertial Navigation System, Camera, GPS GNSS Receiver, and MEMS), Application (Corridor Mapping, Seismology, Exploration & Detection, and Others), and End User (Defense & Aerospace, Civil Engineering, Archaeology, Forestry and Agriculture, Mining, and Transportation): Global Opportunity Analysis and Industry Forecast, 2020-2027

Smart Sensor Market By Type (Touch Sensor, Image Sensor, Temperature Sensor, Motion Sensor, Position Sensor, and Pressure Sensor) and End Use (Automotive Industry, Consumer Electronics, Industrial, Infrastructure, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free): 1-800-792-5285, 1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg