Global heat stress monitor market

Global heat stress monitor market size was US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of ~6% during the forecast period.

Global Heat Stress Monitor Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Market Definition

Heat stress monitor (HSM) is a monitoring instrument which is used to measure, motor, and record possible heat stress environments such as radiant heat, air temperature, air flow and humidity accurately and quickly. This instrument provides high-quality monitoring solutions using thermal work limit and wet bulb globe temperature sensing technology.

Market Dynamics

Surges in the adoption of heat stress monitor instruments in various industries to monitor workplace temperature, heat exposures, to determine potential heat stroke conditions and to alert the workers about such conditions is the major driving factor behind the growth of the market. Increasing adoption of these monitoring instruments in military and athletics applications, rising safety and environmental regulations to manage heat stress, growing alertness regarding workers safety from unnecessary heat at workplaces, integration of artificial intelligence technology with heat stress monitoring instruments and growing advancements in wearable technology for heat stress prevention are expected to improve the growth of the market during the forecast period.

However, lack of compulsory training and awareness to monitor heat stress conditions and lack of technical skilled expertise are major restraining factors that could hamper the growth of the market.

Global Heat Stress Monitor Market: Segmentation Analysis

By product, handheld HSM segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. A surge in the adoption of handheld HSMs in industries as they provide benefits such as ease of use, compactness and ruggedness and they deliver accurate and quick readings by measuring personal health situation is attributed to the growth of the market. Also, increasing production of handheld HSMs by prominent key players such as Extech Instruments, Nielsen-Kellerman, Sper Scientific and Besantek is further expected to expand growth of the market during the forecast period. Alternatively, portable HSM segment is projected to witness fast growth at a CAGR of XX% during the period. Rising demand of portable HSMs for monitoring in underground mines in mining industry is propelling the growth of the market.

By application, military, athletics, and sports segment projected to witness fast growth at a CAGR of XX% during the forecast period. A military, athletics and sports training can result into the quick increase in body temperature that further can produce a heat-related illness risks to the person. Thus, growing adoption of wearable technology-based heat stress monitor devices to mitigate heat related illnesses is propelling the growth of the market.

Global Heat Stress Monitor Market: Regional Analysis

Region-wise, North America held the largest market share in 2019 and is expected to witness high growth at a CAGR of XX% during the forecast period. The US and Canada are the major key contributors behind the growth of the market. The growth is attributed to the wide scale adoption of heat stress monitor devices in many end user industries for applications such as foundries, military, offshore drilling operations, agriculture, engineering, food industry and sports.

Increasing safety regulations by the US government, rising adoption of portable heat stress monitoring devices and growing need to manage workplace conditions and workers safety are driving the growth of the market. In addition, the compulsory and essential laws, regulations and guidelines for the safety of workers, created by the Occupational Safety & Health Administration (OSHA) and National Institute for Occupational Safety and Health (NIOSH) Group have demanded a range of industries to adopt heat stress monitors at their workplaces, which is ultimately resulting into the growth of the market.

The objective of the report is to present a comprehensive analysis of the Global Heat Stress Monitor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Heat Stress Monitor Market dynamics, structure by analyzing the market segments and projects the Global Heat Stress Monitor Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Heat Stress Monitor Market make the report investor’s guide.
The Scope of Global Heat Stress Monitor Market

Global Heat Stress Monitor Market, By Offering

• Hardware & Software
• Services
Global Heat Stress Monitor Market, By Product

• Fix/Portable HSM
• Handheld HSM
Global Heat Stress Monitor Market, By Technology

• Natural Wet Bulb
• Without Wet Bulb
Global Heat Stress Monitor Market, By Application

• Military
• Athletics and Sports
• Manufacturing Plants
• Mining and Oil & Gas
• Other
Global Heat Stress Monitor Market, By Region

• North America
 US
 Canada
• Europe
 UK
 France
 Germany
 Italy
 Spain
 Norway
 Russia
• Asia Pacific
 China
 India
 Japan
 South Korea
 Australia
 Malaysia
 Indonesia
• South America
 Brazil
 Mexico
 Argentina
• Middle East and Africa
Global Heat Stress Monitor Market, Key Players

• Extech (FLIR Systems)
• LSI LASTEM s.r.l.
• Nielsen-Kellerman Co.
• PCE Instruments
• REED Instruments
• Romteck Australia
• Runrite Electronics (Pty) LTD
• Sato Keiryoki Mfg. Co., Ltd
• TES Electrical Electronic Corp
• TSI Incorporated
• SPER SCIENTIFIC
• Besantek
• SCADACore
• SCARLET TECH
• Numag Data Systems Pvt Ltd
• General Tools & Instruments LLC
• Air-Met Scientific Pty Ltd
• Enviro
• XX
• XX
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