Product Code: ETC024587 | Publication Date: Jul 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Singapore thermometers market is estimated to grow at a CAGR of 8.9% during the forecast period 2020-2026. Thermometers are used for measuring temperature, either in medical or industrial applications, and can be found both in digital and analog formats. The increasing demand for advanced technologies such as infrared thermometers is expected to drive the growth of the Singapore thermometer market over the forecast period. Additionally, growing usage of non-contact thermometers due to their greater accuracy, quicker response time & hygiene factor will further boost this market???s growth potential in Singapore.
Growing Usage among Healthcare Professionals ??? With healthcare professionals increasingly relying on accurate readings from reliable sources, more people are turning towards using digital & infrared thermometers instead of traditional mercury ones which carry health risks if improperly handled or disposed off after use. This has increased the demand for these devices across various industries including healthcare centers & hospitals leading to an increase in market revenue opportunities over the course of time.Rising Spending Power ??? The rising spending power amongst consumers has resulted in heightened demand for technologically advanced products such as infrared thermometers due to their superior accuracy and response times when compared with other devices thus boosting revenues within this sector significantly over recent years.
High Cost Associated with Infrared Devices - While there have been significant advances made within this industry regarding device precision and cost reduction efforts by manufacturers; certain high end models remain relatively expensive thus hindering sales volume especially amongst less affluent consumers who have limited budget constraints but still require quality output from these instruments nonetheless leading to stagnant revenue prospects barring any additional price cuts being implemented by vendors themselves going forth into 2021 onwards ultimately limiting overall earnings generated through sales alone during that same timeframe respectively.
Major companies operating within Singapore thermal meter markets include Philips Healthcare, Omron Corporation, Exergen Corporation, BRAUN GmbH, Dragerwerk AG & Co KGaA.
Due coronavirus pandemic non???contact type thermal imaging cameras have gained immense traction since they allow efficient fever screening process with minimal risk infection spread.Thus increased demand these cameras shall positively affect sales revenue generated by key players operating within space.However other traditional devices may face decline terms their sales volume owing stringent government regulations imposed on international trade movement between countries affected by virus outbreak.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Thermometers Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Thermometers Market Revenues & Volume, 2020 & 2030F |
3.3 Singapore Thermometers Market - Industry Life Cycle |
3.4 Singapore Thermometers Market - Porter's Five Forces |
3.5 Singapore Thermometers Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Singapore Thermometers Market Revenues & Volume Share, By Application , 2020 & 2030F |
4 Singapore Thermometers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Thermometers Market Trends |
6 Singapore Thermometers Market, By Types |
6.1 Singapore Thermometers Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Singapore Thermometers Market Revenues & Volume, By Product, 2020-2030F |
6.1.3 Singapore Thermometers Market Revenues & Volume, By Mercury-Based, 2020-2030F |
6.1.4 Singapore Thermometers Market Revenues & Volume, By Mercury-Free, 2020-2030F |
6.1.5 Singapore Thermometers Market Revenues & Volume, By Others, 2020-2030F |
6.2 Singapore Thermometers Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Singapore Thermometers Market Revenues & Volume, By Medical, 2020-2030F |
6.2.3 Singapore Thermometers Market Revenues & Volume, By Industrial, 2020-2030F |
6.2.4 Singapore Thermometers Market Revenues & Volume, By Food, 2020-2030F |
6.2.5 Singapore Thermometers Market Revenues & Volume, By Laboratory, 2020-2030F |
6.2.6 Singapore Thermometers Market Revenues & Volume, By Others, 2020-2030F |
7 Singapore Thermometers Market Import-Export Trade Statistics |
7.1 Singapore Thermometers Market Export to Major Countries |
7.2 Singapore Thermometers Market Imports from Major Countries |
8 Singapore Thermometers Market Key Performance Indicators |
9 Singapore Thermometers Market - Opportunity Assessment |
9.1 Singapore Thermometers Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Singapore Thermometers Market Opportunity Assessment, By Application , 2020 & 2030F |
10 Singapore Thermometers Market - Competitive Landscape |
10.1 Singapore Thermometers Market Revenue Share, By Companies, 2023 |
10.2 Singapore Thermometers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |