According to the new market research report "Heat Stress Monitor Market by Product Type (Fix & Portable and Handheld), Application (Athletics & Sports, Military, Oil & Gas and Mining, and Manufacturing Plants), Offering, Life Form, WBGT Technology, Sensor Type, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the overall market is estimated at USD 43.3 million in 2018 and is expected to reach USD 60.9 million by 2023, at a CAGR of 7.07% during 2018-2023. The growth of the heat stress monitor market is mainly driven by the increased employer awareness related to employee safety to avoid accidents due to excessive heat at workplaces, and increasing demand for heat stress monitors in athletics and manufacturing industries.
For more Insights on this report, Speak to Our Analyst:
https://www.marketsandmarkets.com/speaktoanalyst.asp?id=49311341
Heat stress monitor Market for military application hold a major market share during the forecast period
Military is one of the oldest and most dominating markets for heat stress monitors as military training activities involve realistic training in hot environments to develop operational capability, which poses a risk of heat-related illnesses. Heat stress monitors are strongly being used to monitor the health of soldiers during training as well as during field. Thus, military application is expected to hold the largest share during the forecast period.
Browse in-depth TOC on "Heat Stress Monitor Market"
34 - Tables
27 - Figures
115 - Pages
Request for PDF Brochure: https://www.marketsandmarkets.com/pdfdownload.asp?id=49311341
Services market for heat stress monitoring is expected to grow at the highest rate during the forecast period
The services market is larger than hardware and software market as the life span of heat stress monitor is more than 5 years, whereas the services are needed periodically to analyze heat stress monitor data and to suggest necessary changes needed to avoid heat stress. Heat stress monitoring services are expected grow in the coming years because of the growing awareness toward employee safety and increasing regulations for monitoring heat stress by only expert professionals.
APAC expected to grow at the highest rate between 2018 and 2023
Heat stress monitor has a growing demand in APAC owing to the increasing focus of the region toward employee safety. APAC constitutes thriving economies, such as Singapore, Japan, China, India, and Australia, which are expected to register high growth rates in the heat stress monitor market. China has witnessed immense industrial growth and is the manufacturing capital of the world. Its government enforces stringent regulations and compliances.
https://www.marketsandmarkets.com/Market-Reports/heat-stress-monitor-market-49311341.html
Major companies covered in the heat stress monitor report are TSI (US), Nielsen-Kellerman (US), REED Instruments (US), FLIR Systems/Extech) (US), Romteck (Australia), Sper Scientific (US), Runrite Electronics (South Africa), BESANTEK (Canada), SCADACore (Canada), PCE Instruments) (Germany) LSI LASTEM (Italy), Sato Keiryoki (Japan), Scarlet Tech (Taiwan), Numag Data Systems (India), General tools & instruments (US) and TES Electrical Electronic (Taiwan). among others.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/heat-stress-monitor-market.asp