HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: September 2018
Report Code: SE 6593

 

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The overall heat stress monitor market was valued at USD 39.8 million in 2017 and is expected to reach USD 60.9 million by 2023, at a CAGR of 7.07% between 2018 and 2023.

“Latent markets in APAC to fuel the growth expected create opportunities for the growth of Heat stress monitor market”

The overall heat stress monitor market was valued at USD 39.8 million in 2017 and is expected to reach USD 60.9 million by 2023, at a CAGR of 7.07% between 2018 and 2023. APAC is expected to be the fastest-growing market for heat stress monitors. Growing industrialization in developing countries of this region positively affects the growth of the heat stress monitor market. 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.

Market Dynamics

Heat Stress Monitor Market

The Objectives of the Study are as follows:

  • To define, describe, and forecast the heat stress monitor market, in terms of value, on the basis of product type, offering, application, and region
  • To define and describe the heat stress monitor market, in terms of qualitative information, based on life form, wet bulb globe temperature (WBGT) technology, and sensor type
  • To forecast the size of the market segments with respect to 4 regions—Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To strategically profile key players and comprehensively analyze their market ranking and core competencies, as well as detail the competitive landscape for the market players
  • To analyze the growth strategies such as product launches and developments, collaborations, partnerships, and research and development, adopted by the key players in the heat stress monitor market

The base year used for this study is 2017, and the forecast period considered is 2018–2023.

Key Questions the Report Answers

  • Most of the suppliers have opted product launch and development and acquisition as the key strategies as could be seen from the recent developments. Where will it take the industry in the mid to long term?
  • Which are the key players in the market, and how intense is the competition?

Research Methodology

The research methodology used to estimate and forecast the global heat stress monitor market begins with obtaining data on key vendor revenues through secondary research. Some of the secondary sources used in this research include various journals and databases such as Occupational Safety and Health Administration (OSHA), Health and Safety Executive (HSE), IEEE journals, Factiva, Hoovers, and OneSource among others. Multiple on-field discussions were conducted with key opinion leaders across each major company involved in the development of heat stress monitoring for various applications in different regions. Demand for heat stress monitoring products was analyzed for various regions. The overall shipment of the heat stress monitor market based on the type of the product (handheld, fix, and portable) was calculated. The average selling price was then calculated based on diverse types of heat stress monitoring products. The overall heat stress monitor market size was arrived at by multiplying the total shipment derived with the average selling price (ASP) of the products. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been further verified through primary research by extensively interviewing the key officials in the industry, such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure below:

Heat Stress Monitor Market

To know about the assumptions considered for the study, download the pdf brochure

The heat stress monitor ecosystem comprises manufacturers, distributors, and service providers such as 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), catering to various applications according to their specific requirements.

The Target Audience:

  • Original equipment manufacturers (OEMs)
  • Heat stress monitor forums, alliances, and associations
  • Technology investors
  • Research organizations
  • Distributors, resellers, and traders
  • Start-up companies
  • System integrators
  • Occupational health and safety consultants
  • Government bodies, venture capitalists, and private equity firms

“The study answers several questions for the target audiences, primarily which market segments to focus on in next two to five years for prioritizing the efforts and investments.

Report Scope:

In this report, the heat stress monitor market has been segmented into the following categories:

Heat Stress Monitor Market, by Offering:

  • Hardware/Software
  • Services

Heat Stress Monitor Market, by Product:

  • Fix/Portable HSM
  • Handheld HSM

Heat Stress Monitor Market, by Technology:

  • Natural Wet Bulb
  • Without Wet Bulb

Heat Stress Monitor Market, by Application:

  • Military
  • Athletics and Sports
  • Manufacturing Plants
  • Mining and Oil & Gas
  • Others (Shipbuilding Operations and Agriculture)

Heat Stress Monitor Market, by Geography:

  • Americas (North America (US, Rest of North America) and South America)
  • Europe (UK, Western Europe (Belgium, Germany, Luxembourg, Netherlands, and Austria), Italy, Rest of Europe (Norway, Sweden, Spain, France, Poland, and Denmark)
  • Asia-Pacific (Japan, China and Singapore, and Rest of APAC (South Korea, India, New Zealand, Malaysia, Taiwan, Philippines, and Indonesia)
  • Rest of the World (Middle East and Africa)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiles of additional market players

Product Analysis

  • Product Matrix, which gives a detailed comparison of the product portfolio of each company

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Table of Contents

1 Introduction (Page No. - 12)
    1.1 Objectives of Study
    1.2 Definition
    1.3 Scope of Study
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources
                    2.1.1.2 Few Important Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Interviews With Experts
                    2.1.2.2 Breakdown of Primaries
                    2.1.2.3 Key Data From Primary Sources
           2.1.3 Secondary and Primary Research
                    2.1.3.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
                    2.2.1.1 Approach for Capturing Market Size By Bottom-Up Analysis (Demand Side)
           2.2.2 Top-Down Approach
                    2.2.2.1 Approach for Capturing Market Size By Top-Down Analysis (Supply Side)
    2.3 Market Breakdown & Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 31)
    4.1 Heat Stress Monitor (Hardware/Software and Services) Market, 2015–2023 (USD Million)
    4.2 Heat Stress Monitor Market, By Offering
    4.3 Heat Stress Monitor Market in APAC, By Application and Country (2017)
    4.4 Heat Stress Monitor Market (Hardware/Software and Services), By Region
    4.5 Heat Stress Monitor Market, By Product (2018–2023)

5 Market Overview (Page No. - 34)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Growing Adoption of Heat Stress Monitoring in Athletics and Military Applications
                    5.2.1.2 Environmental and Safety Regulations for Heat Stress Management
                    5.2.1.3 Increasing Awareness About Employees’ Safety From Excessive Heat at Workplaces
                    5.2.1.4 Increasing Demand for Heat Stress Monitoring in Manufacturing and Mining Industries
           5.2.2 Restraints
                    5.2.2.1 Lack of Strict Enforcement Across Industries in Emerging Economies
           5.2.3 Opportunities
                    5.2.3.1 Latent Markets in APAC, Africa, and Middle East
                    5.2.3.2 Integration of AI in Heat Stress Monitor
                    5.2.3.3 Low Cost of Heat Stress Monitors Creates More Opportunities
           5.2.4 Challenges
                    5.2.4.1 Lack of Awareness/Necessary Training to Deal With Heat Stress Conditions
                    5.2.4.2 Lack of Trained Professionals for Heat Stress Monitoring

6 Industry Trends (Page No. - 40)
    6.1 Key Trends
    6.2 Value Chain Analysis
    6.3 Noticeable Government Regulations Pertaining to Heat Stress and Employee Safety

7 Heat Stress Monitor Market, By Wet Bulb Globe Temperature (WBGT) Technology (Page No. - 44)
    7.1 Introduction
    7.2 Wet Bulb
    7.3 Without Wet Bulb

8 Heat Stress Monitor Market, By Product Type (Page No. - 46)
    8.1 Introduction
    8.2 Handheld Heat Stress Monitor
    8.3 Fix/Portable Heat Stress Monitor

9 Heat Stress Monitor Market, By Offering (Page No. - 49)
    9.1 Introduction
    9.2 Hardware & Software
    9.3 Services

10 Heat Stress Monitor Market, By Life-Form (Page No. - 52)
     10.1 Introduction
     10.2 Humans
     10.3 Animals (Cattle)

11 Heat Stress Monitor Market, By Sensor Type (Page No. - 54)
     11.1 Introduction
     11.2 Black Globe/Globe Thermometer
     11.3 Natural Wet Bulb
     11.4 Dry Bulb Thermometer
     11.5 Relative Humidity and Air Flow

12 Heat Stress Monitor Market, By Application (Page No. - 56)
     12.1 Introduction
     12.2 Athletics and Sports
     12.3 Mining and Oil & Gas
     12.4 Military
     12.5 Manufacturing Plants
     12.6 Others

13 Geographic Analysis (Page No. - 63)
     13.1 Introduction
     13.2 Americas
             13.2.1 North America
                        13.2.1.1 US
                        13.2.1.2 Rest of North America
                                     13.2.1.2.1 Canada
                                     13.2.1.2.2 Mexico
             13.2.2 South America
     13.3 Europe
             13.3.1 UK
             13.3.2 Western Europe
             13.3.3 Italy
             13.3.4 Rest of Europe
     13.4 APAC
             13.4.1 Japan
             13.4.2 China & Singapore
             13.4.3 Australia
             13.4.4 Rest of APAC
     13.5 RoW
             13.5.1 Middle East
             13.5.2 Africa

14 Competitive Landscape (Page No. - 82)
     14.1 Overview
     14.2 Key Players in Heat Stress Monitor Market (2017)
     14.3 Competitive Scenario
             14.3.1 Product Developments
             14.3.2 Acquisitions
             14.3.3 Partnerships

15 Company Profiles (Page No. - 87)
(Business Overview, Products & Solutions Offered, Recent Developments, SWOT Analysis, and MnM View)*
     15.1 Key Players
             15.1.1 TSI
             15.1.2 Flir Systems (Extech)
             15.1.3 Nielsen-Kellerman
             15.1.4 Reed Instrument
             15.1.5 Romteck Australia
             15.1.6 TES Electrical Electronic
             15.1.7 PCE Instruments
             15.1.8 Sato Keiryoki Mfg.
             15.1.9 LSI Lastem
             15.1.10 Runrite Electronics
     15.2 Other Important Players
             15.2.1 Sper Scientific
             15.2.2 Numag Data Systems
             15.2.3 General Tools & Instruments
     15.3 Key Startup Ecosystem
             15.3.1 Scarlet Tech
             15.3.2 Besantek
             15.3.3 Scadacore
     15.4 Distributors
             15.4.1 Air-Met Scientific
             15.4.2 Envirocon Instrumentation
             15.4.3 Sensidyne
             15.4.4 Doculam
             15.4.5 Anaum International Electronics

*Details on Business Overview, Products & Solutions Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 108)
     16.1 Insights of Industry Experts
     16.2 Discussion Guide
     16.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.4 Available Customizations
     16.5 Related Reports
     16.6 Author Details


List of Tables(34 Tables)

Table 1 Number of Occupational Injuries and Illness Caused Due to Heat Exposure in US (2015)
Table 2 Cost Diversity of Products in Heat Stress Monitor Market
Table 3 Integration of AI With Heat Stress Monitors is A Leading Trend in the Heat Stress Monitor Market
Table 4 Hardware/Software: Heat Stress Monitor Market, By Product, 2015–2023 (USD Million)
Table 5 Hardware/Software: Heat Stress Monitor Market Shipment, By Product, 2015–2023 (Thousand Units)
Table 6 Heat Stress Monitor Market, By Offering, 2015–2023 (USD Million)
Table 7 Hardware/Software: Heat Stress Monitor Market, By Region, 2015–2023 (USD Million)
Table 8 Services: Heat Stress Monitor Market, By Region, 2015–2023 (USD Million)
Table 9 Heat Stress Monitor Market, By Application, 2015–2023 (USD Million)
Table 10 Hardware/ Software: Heat Stress Monitor Market for Athletics and Sports, By Region, 2015–2023 (USD Thousand)
Table 11 Hardware/ Software: Heat Stress Monitor Market for Mining and Oil & Gas, By Region, 2015–2023 (USD Thousand)
Table 12 Hardware/ Software: Heat Stress Monitor Market for Military, By Region, 2015–2023 (USD Thousand)
Table 13 Hardware/ Software: Heat Stress Monitor Market for Manufacturing Plants, By Region, 2015–2023 (USD Thousand)
Table 14 Hardware/ Software: Heat Stress Monitor Market for Others, By Region, 2015–2023 (USD Thousand)
Table 15 Heat Stress Monitor Market, By Region, 2015–2023 (USD Million)
Table 16 Heat Stress Monitor Market for Hardware/Software, By Region, 2015–2023 (USD Million)
Table 17 Heat Stress Monitor Market for Services, By Region, 2015–2023 (USD Million)
Table 18 Heat Stress Monitor Market in the Americas, By Offering, 2015–2023 (USD Million)
Table 19 Heat Stress Monitor Market in the Americas for Hardware/Software, By Region, 2015–2023 (USD Thousand)
Table 20 Heat Stress Monitor Market in the Americas for Hardware/Software, By Application, 2015–2023 (USD Thousand)
Table 21 Heat Stress Monitor Market in North America for Hardware/Software, By Country, 2015–2023 (USD Thousand)
Table 22 Heat Stress Monitor Market in Europe, By Offering, 2015–2023 (USD Million)
Table 23 Heat Stress Monitor Market in Europe for Hardware/Software, By Country, 2015–2023 (USD Thousand)
Table 24 Heat Stress Monitor Market in Europe for Hardware/Software, By Application, 2015–2023 (USD Thousand)
Table 25 Heat Stress Monitor Market in APAC, By Offering, 2015–2023 (USD Million)
Table 26 Heat Stress Monitor Market in APAC for Hardware/Software, By Country, 2015–2023 (USD Thousand)
Table 27 Heat Stress Monitor Market in APAC for Hardware/Software, By Application, 2015–2023 (USD Thousand)
Table 28 Heat Stress Monitor Market in RoW, By Offering, 2015–2023 (USD Million)
Table 29 Heat Stress Monitor Market in RoW for Hardware/Software, By Country, 2015–2023 (USD Thousand)
Table 30 Heat Stress Monitor Market in RoW for Hardware/Software, By Application, 2015–2023 (USD Thousand)
Table 31 Top 5 Players in the Heat Stress Monitor Market, 2017
Table 32 Product Developments (2015–2016)
Table 33 Mergers & Acquisitions (2017–2018)
Table 34 Partnerships and Agreements (2016)


List of Figures (27 Figures)

Figure 1 Market Segmentation
Figure 2 Heat Stress Monitor Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Handheld Type is Expected to Dominate the Heat Stress Monitor Market During 2018–2023
Figure 7 Market for Services is Expected to Grow at A Higher CAGR During 2018–2023
Figure 8 Market for Athletics and Sports is Expected to Grow at the Highest CAGR During 2018–2023
Figure 9 Americas Estimated to Hold the Largest Share of the Hardware/Software Heat Stress Monitor Market in 2018
Figure 10 Increasing Demand for Heat Stress Monitors in Sports and Athletics is Driving the Market Growth
Figure 11 Services Market for Heat Stress Monitors to Grow at A Higher Rate During the Forecast Period
Figure 12 Japan Held the Largest Share of the Hardware/Software Segment of the Heat Stress Monitor Market in APAC in 2017
Figure 13 APAC is Expected to Grow at the Highest Rate Between 2018 and 2023
Figure 14 Market for Handheld Expected to Grow at A Higher CAGR During the Forecast Period
Figure 15 Heat Stress Monitor Market: Drivers, Restraints, Opportunities, and Challenges
Figure 16 Value Chain Analysis: Heat Stress Monitor Market
Figure 17 Heat Stress Monitor Market, By Wet Bulb Globe Temperature (WBGT) Technology
Figure 18 Structure of an Fix/Portable Heat Stress Monitor
Figure 19 Heat Stress Monitor Market, By Sensor Type
Figure 20 Heat Stress Monitor Market, By Application
Figure 21 Heat Stress Monitor Market in APAC to Grow at the Highest CAGR Between 2018 and 2023
Figure 22 Americas: Snapshot of the Heat Stress Monitor Market
Figure 23 Europe: Snapshot of the Heat Stress Monitor Market
Figure 24 APAC: Snapshot of the Heat Stress Monitor Market
Figure 25 Companies Adopted Acquisition as the Key Growth Strategy in the Heat Stress Monitor Market Between 2015 and 2018
Figure 26 Battle for Market Ranking: Product Developments and Acquisition as Key Growth Strategies
Figure 27 Flir Systems(Extech): Company Snapshot

The overall heat stress monitor market 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% between 2018 and 2023. The growth of this market is being fueled by the growing awareness of health and safety among the workers over the last few years.

The report covers the global heat stress monitor market on the basis of offering, product, technology, life form, sensor, application, and geography. The heat stress monitor market based on application is expected to be led by athletics and sports during the forecast period. The rise in applications of heat stress monitor in athletics and sports is boosting the growth of the heat stress monitor market for consumer electronics.

The services market is largest among the offering as the life span of heat stress monitor is more than 5 years, whereas the services are needed periodically to analyze the heat stress monitor data and to suggest necessary changes needed to avoid heat stress. Also, the cost of these services varies drastically from one region to another and from one application to another. Heat stress monitoring services are expected to grow in the coming years with growing awareness toward employee safety and increasing regulations for monitoring heat stress by only expert professionals.

The Americas is expected to hold the largest share of the heat stress monitor market by 2023. The Americas is the leading region in terms of the adoption of heat stress monitor technology; this is due to several health and safety awareness programs introduced by the US and Canadian governments. These governments have regulations that support the market for occupational safety equipment, which is the major driver for the growth of the heat stress monitor market. Moreover, there is a growing demand for heat stress monitors in sports and athletics, and military, which, in turn, contributes to the growth of the heat stress monitor market. Heat stress monitor is gaining a lot of traction as it is an essential tool for occupational health and safety officers to evaluate work locations and verify that environmental conditions including humidity, airflow, and temperature are effective and appropriate for the prevention of heat stress.

Heat Stress Monitor Market

Increasing awareness about employees’ safety from excessive heat at workplaces to drive the industry forward

Military

Military training involves a lot of physical work, high ambient temperature, and wearing protective clothing, which may elevate body temperature and cardiovascular strain sufficiently to degrade performance and induce heat-related illnesses. Wet Bulb Globe Temperature (WBGT) was originally developed to monitor heat stress levels during outdoor training activities of US Marine Corps recruits and is based on measurements of temperature alone. Modern heat stress monitors or analyzers are capable of providing a digital readout of WGBT in 3 minutes or less. Thus, heat stress monitors are strongly being used to monitor the health of soldiers during training.

Athletics and sports

Athletic training and sports activities can cause exertional heat-related illness (EHRI). EHRI comprises several states that afflict physically active persons while exercising during heat stress. Some of its symptoms are heat exhaustion, exercise-associated collapse, exercise-associated muscle cramps, exercise-associated hyponatremia (due to low level of sodium in the blood), and exertional rhabdomyolysis (due to breakdown of muscle tissues). Thus, heat stress monitor plays a crucial role in athletics safety and helps avoid heat stress–related issues in athletics.

Manufacturing plants

Heat stress among employees of manufacturing plants is a serious safety concern. Radiant heat can easily penetrate a building roof and raise temperatures in workplaces to an unsafe level, especially in situations where workers are engaged in energetic or prolonged physical activities. Facility managers must identify heat stress inside the facility to prevent heat-related stress and illness and must take effective steps to protect their employees from a preventable tragedy. Thus, manufacturing plants and warehouses have started using heat stress monitors effectively to avoid heat stress–related accidents.

Critical questions would be:

  • Where will all these developments take the industry in the mid- to long-term?
  • Will the suppliers continue to explore new avenues for heat stress monitor? 
  • What are the upcoming industry applications for heat stress monitor?

Key restraining factors are lack of strict enforcement across industries in emerging economies and slow standardization of industrial regulations regarding safety, as employers still use conventional methods, such as manual environmental testing and others. The impact of this restraint is high at present; however, in future, the impact is expected to subside as various governments worldwide are expected to come up with more standardizations and regulations to reduce the risk at workplaces.

Some of the major companies operating in the heat stress monitor market 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).

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