Product Code: ETC021470 | Publication Date: Aug 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam temperature measuring instruments market experienced significant growth during the period from 2020 to 2026. With the country`s expanding industrial and manufacturing sectors, there was a growing demand for accurate and reliable temperature measurement devices. Temperature measuring instruments played a crucial role in various industries, including healthcare, pharmaceuticals, food and beverage, automotive, and electronics. As Vietnam continued to develop its infrastructure and technological capabilities, the market for temperature measuring instruments saw steady expansion.
Several drivers fueled the growth of the temperature measuring instruments market in Vietnam. Firstly, the country`s rapid industrialization and economic growth contributed to the demand for temperature measurement devices. Industries such as pharmaceuticals, food processing, and electronics required precise temperature monitoring for quality control, safety compliance, and process optimization. Secondly, the emphasis on healthcare and medical research also drove the demand for temperature measuring instruments. Hospitals, clinics, and laboratories required accurate thermometers and temperature sensors for diagnostic and research purposes. Moreover, the adoption of automation and Industry 4.0 technologies in Vietnam led to the integration of temperature measuring instruments in smart manufacturing processes. Temperature sensors were increasingly used in Internet of Things (IoT) applications to monitor and control temperature remotely, enhancing efficiency and reducing operational costs.
Despite its growth, the Vietnam temperature measuring instruments market faced certain challenges during the mentioned period. One of the primary challenges was the increasing competition from low-cost imports. The presence of cheaper temperature measuring devices from other countries created price pressures for local manufacturers and suppliers. Additionally, ensuring the accuracy and calibration of temperature measuring instruments was crucial for various industries, especially in sectors with strict quality and safety regulations. Manufacturers had to meet international standards and certifications to gain the trust of customers and enter export markets.
The outbreak of the Covid-19 pandemic in 2020 had implications for the Vietnam temperature measuring instruments market. With the need for fever screening and temperature checks to contain the spread of the virus, there was a surge in demand for contactless and infrared temperature measuring devices. Industries, public spaces, and transportation facilities implemented temperature screening measures, boosting the sales of handheld thermometers and thermal cameras.
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 Vietnam Temperature Measuring Instruments Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Temperature Measuring Instruments Market Revenues & Volume, 2020 & 2030F |
3.3 Vietnam Temperature Measuring Instruments Market - Industry Life Cycle |
3.4 Vietnam Temperature Measuring Instruments Market - Porter's Five Forces |
3.5 Vietnam Temperature Measuring Instruments Market Revenues & Volume Share, By Applications, 2020 & 2030F |
3.6 Vietnam Temperature Measuring Instruments Market Revenues & Volume Share, By Types, 2020 & 2030F |
4 Vietnam Temperature Measuring Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Temperature Measuring Instruments Market Trends |
6 Vietnam Temperature Measuring Instruments Market, By Types |
6.1 Vietnam Temperature Measuring Instruments Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Applications, 2020-2030F |
6.1.3 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Automotive, 2020-2030F |
6.1.4 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Consumer Electronics, 2020-2030F |
6.1.5 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Environmental, 2020-2030F |
6.1.6 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Healthcare & Medical, 2020-2030F |
6.1.7 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Process Industries, 2020-2030F |
6.1.8 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Others, 2020-2030F |
6.2 Vietnam Temperature Measuring Instruments Market, By Types |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Contact-based, 2020-2030F |
6.2.3 Vietnam Temperature Measuring Instruments Market Revenues & Volume, By Non-contact-based, 2020-2030F |
7 Vietnam Temperature Measuring Instruments Market Import-Export Trade Statistics |
7.1 Vietnam Temperature Measuring Instruments Market Export to Major Countries |
7.2 Vietnam Temperature Measuring Instruments Market Imports from Major Countries |
8 Vietnam Temperature Measuring Instruments Market Key Performance Indicators |
9 Vietnam Temperature Measuring Instruments Market - Opportunity Assessment |
9.1 Vietnam Temperature Measuring Instruments Market Opportunity Assessment, By Applications, 2020 & 2030F |
9.2 Vietnam Temperature Measuring Instruments Market Opportunity Assessment, By Types, 2020 & 2030F |
10 Vietnam Temperature Measuring Instruments Market - Competitive Landscape |
10.1 Vietnam Temperature Measuring Instruments Market Revenue Share, By Companies, 2023 |
10.2 Vietnam Temperature Measuring Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |