MarketsandMarkets’ research report - “Heat Stress Monitor Market by Product Type, Application, Offering, Life Form, WBGT Technology, Sensor Type, and Region - Global Forecast to 2023” – estimates the market is at $43.3 million in 2018 and expects it to reach $60.9 million by 2023, at a CAGR of 7.07%. Market is mainly attributed to 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.
Report Hot Points
- Heat stress monitor Market for military application hold a major market share during the forecast period
- Services market for heat stress monitoring is expected to grow at the highest rate during the forecast period
- APAC expected to grow at the highest rate between 2018 and 2023
- 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.
For more details, peruse a bit of the full report.