Outdoor Thermometer Market By Type (Analog, Digital), By Application (Retail Chains, Online) – Growth, Future Prospects And Competitive Analysis 2019 – 2027

Increasing demand from automotive HUDs to bolster the market growth

The global outdoor thermometer market worldwide is expected to grow with a CAGR of 5.4% during the forecast period from 2019 to 2027, starting from US$ 0.32 Bn in 2018. An outdoor thermometer provides outdoor temperature measurement. Usually used outside the house, these outdoor thermometers are also used in some installations such as heat & power plants, heat pumps, ventilation heating, air conditioning, and cooling technology.

Due to remote sensors’ presence, the outdoor thermometers market will see significant growth. The outdoor thermometer’s preliminary purpose is to measure the building temperature during construction. Engineers use outdoor thermometers to maintain a building in order to get the inside building’s fast air temperature. Usually, this is done by swaying the bulb in the air and attaching it to an instrument to get a quicker reading, as the bulb detects the temperature faster than a sensor built into the instrument.

Market Synopsis

A digital segment to witness the fastest growth over the projected timeframe

The rising demand for highly efficient digital thermometers is majorly driving the global outdoor thermometers market. Digital thermometers are currently in trend owing to ease of use, high accuracy, and easy availability. Most players are now focusing on developing newer, improved, and more accurate digital thermometers to cater to the emerging demand. Analog thermometers, however, dominated the market in 2018 owing to less penetration of digital thermometers. Various organizations are currently using substantial analog thermometers, although they are looking to upgrade, making the digital thermometer segment the fastest growing.

The Asia Pacific to Register the Fastest Growth

The global outdoor thermometer industry is divided into North America, Europe, Asia Pacific, and the Rest of the World on a regional basis. The industry is characterized by an increase in the adoption in these regions of different types of temperature monitoring devices for various applications.

Due to the presence of a large number of research and academic institutions using thermometers for laboratory and industrial purposes, the market is dominated by North America. In addition, the increasing use of non-perishable food products in the food industry is expected to help maintain dominance.

Some prominent outdoor thermometer market players include Opto Circuits Limited; A&D Medical; Microlife Corporation; Exergen Corporation; Radiant Innovation Inc.; Omron Healthcare, Inc.; Terumo Corporation; Geratherm Medical AG; Welch Allyn, and Citizen Systems, among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The outdoor thermometer market report provides market size and estimates based on market dynamics and key trends observed in the industry. In addition, the report provides a holistic view of the global outdoor thermometer market based on application, type, and geography. Key segments covered in the report are as follows:

Segmentation Type Segment (2017–2027; US$ Bn)

• Analog
• Digital

Application Segment (2017–2027; US$ Bn)

• Retail Chains
• Others

Geography Segment (2017–2027; US$ Bn)

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

Unique data points of this report

• Key growth factors, challenges, and current trends pertaining to the global market
• Major strategies adopted by market giants
• Qualitative analysis through SWOT and industry chain analyses
• Comprehensive quantitative analysis of key segments and regions

Chapter 1. Preface
1.1. Report Description
1.1.1. Purpose of the report
1.1.2. Target Audience
1.1.3. USP & Key Offerings
1.2. Research Scope
1.3. Market Segmentation
1.4. Research Methodology
1.4.1. Phase 1 – Secondary Research
1.4.2. Phase 2 – Primary Research
1.4.3. Phase 3 – Expert Panel Review
1.4.4. Assumptions
1.4.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Market Snapshot: Global OT Market
2.2. Global OT Market, By Type, 2018 (US$ Bn)
2.3. Global OT Market, By Application, 2018 (US$ Bn)
2.4. Global OT Market, By Geography, 2018 (US$ Bn)

Chapter 3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.3. Market Growth Inhibitors
3.3.1. Impact Analysis of Drivers and Restraints
3.4. Key Market Trends
3.5. Attractive Investment Proposition, by Geography, 2018
3.6. Competitive Analysis
3.6.1. Market Positioning of Key OT Vendors, 2018
3.6.2. Key Strategies Adopted by Leading Players

Chapter 4. Global Outdoor Thermometer (OT) Market, by Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Analog
4.3. Digital

Chapter 5. Global Outdoor Thermometer (OT) Market, by Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Retail Chains
5.3. Online

Chapter 6. North America Outdoor Thermometer (OT) Market Analysis, 2017-2027 (US$ Bn)
6.1. Overview
6.2. North America OT Market Analysis, by Type, 2017-2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America OT Market Analysis, by Application, 2017-2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America OT Market Analysis, by Country, 2017-2027 (US$ Bn)
6.4.1. U.S.
6.4.1.1. U.S. OT Market Analysis, by Type, 2017-2027 (US$ Bn)
6.4.1.2. U.S. OT Market Analysis, by Application, 2017-2027 (US$ Bn)
6.4.2. Rest of North America
6.4.2.1. Rest of North America OT Market Analysis, by Type, 2017-2027 (US$ Bn)
6.4.2.2. Rest of North America OT Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 7. Europe Outdoor Thermometer (OT) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.2. Europe OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe OT Market Analysis, by Application, 2017-2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe OT Market Analysis, by Country, 2017-2027 (US$ Bn)
7.4.1. Germany
7.4.1.1. Germany OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.1.2. Germany OT Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.2. UK
7.4.2.1. UK OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.2.2. UK OT Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.3. France
7.4.3.1. France OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.3.2. France OT Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.4. Italy
7.4.4.1. Italy OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.4.2. Italy OT Market Analysis, by Application, 2017-2027 (US$ Bn)
7.4.5. Rest of Europe
7.4.5.1. Rest of Europe OT Market Analysis, by Type, 2017-2027 (US$ Bn)
7.4.5.2. Rest of Europe OT Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 8. Asia-Pacific Outdoor Thermometer (OT) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.2. Asia-Pacific OT Market Analysis, by Type, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia-Pacific OT Market Analysis, by Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia-Pacific OT Market Analysis, by Country, 2017-2027 (US$ Bn)
8.4.1. China
8.4.1.1. China OT Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.1.2. China OT Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.2. India
8.4.2.1. India OT Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.2.2. India OT Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.3. Japan
8.4.3.1. Japan OT Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.3.2. Japan OT Market Analysis, by Application, 2017-2027 (US$ Bn)
8.4.4. Rest of Asia-Pacific
8.4.4.1. Rest of Asia-Pacific OT Market Analysis, by Type, 2017-2027 (US$ Bn)
8.4.4.2. Rest of Asia-Pacific OT Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 9. RoW Outdoor Thermometer (OT) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.2. RoW OT Market Analysis, by Type, 2017-2027 (US$ Bn)
9.2.1. Market Analysis
9.3. RoW OT Market Analysis, by Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. RoW OT Market Analysis, by Country, 2017-2027 (US$ Bn)
9.4.1. MEA
9.4.1.1. MEA OT Market Analysis, by Type, 2017-2027 (US$ Bn)
9.4.1.2. MEA OT Market Analysis, by Application, 2017-2027 (US$ Bn)
9.4.2. Latin America
9.4.2.1. Latin America OT Market Analysis, by Type, 2017-2027 (US$ Bn)
9.4.2.2. Latin America OT Market Analysis, by Application, 2017-2027 (US$ Bn)

Chapter 10. Company Profiles
10.1. A&D Medical
10.2. Opto Circuits Ltd.
10.3. Exergen Corporation
10.4. Microlife Corporation
10.5. Omron Healthcare Inc.
10.6. Radiant Innovation Inc.
10.7. Geratherm Medical AG
10.8. Terumo Corporation
10.9. Citizen Systems
10.10. Welch Allyn

List of Figures

Figure 01: Global Outdoor Thermometer (OT) Market Segmentation
Figure 02: Global OT Market Research Methodology
Figure 03: Top Down and Bottom Up Approach
Figure 04: Global OT, by Type, 2018 (US$ Bn)
Figure 05: Global OT, by Application, 2018 (US$ Bn)
Figure 06: Global OT, by Geography, 2018 (US$ Bn)
Figure 07: Global OT Market Value, 2017-2027, (US$ Bn)
Figure 08: Active Investment Proposition, By Geography
Figure 09: Market Positioning of Key OT Vendors, 2018
Figure 10: Global OT Market Value Contribution, By Type, 2018 & 2027 (%)
Figure 11: Global OT Market Value Contribution, By Application, 2018 & 2027 (%)
Figure 12: North America OT Market Value, 2017-2027 (US$ Bn)
Figure 13: Europe OT Market Value, 2017-2027 (US$ Bn)
Figure 14: Asia-Pacific OT Market Value, 2017-2027 (US$ Bn)
Figure 15: RoW OT Market Value, 2017-2027 (US$ Bn)

List of Tables

Table 01: Market Snapshot: Global Outdoor Thermometer (OT) Market
Table 02: Impact Indicators
Table 03: Impact Analysis of Drivers and Restraints
Table 04: North America OT Market, By Type, 2017-2027 (USD$ Bn)
Table 05: North America OT Market, By Application, 2017-2027 (USD$ Bn)
Table 06: North America OT Market, By Country, 2017-2027 (USD$ Bn)
Table 07: U.S. OT Market, By Type, 2017-2027 (USD$ Bn)
Table 08: U.S. OT Market, By Application, 2017-2027 (USD$ Bn)
Table 09: Rest of North America OT Market, By Type, 2017-2027 (USD$ Bn)
Table 10: Rest of North America OT Market, By Application, 2017-2027 (USD$ Bn)
Table 11: Europe OT Market, By Type, 2017-2027 (USD$ Bn)
Table 12: Europe OT Market, By Application, 2017-2027 (USD$ Bn)
Table 13: Europe OT Market, By Country, 2017-2027 (USD$ Bn)
Table 14: Germany OT Market, By Type, 2017-2027 (USD$ Bn)
Table 15: Germany OT Market, By Application, 2017-2027 (USD$ Bn)
Table 16: UK OT Market, By Type, 2017-2027 (USD$ Bn)
Table 17: UK OT Market, By Application, 2017-2027 (USD$ Bn)
Table 18: France OT Market, By Type, 2017-2027 (USD$ Bn)
Table 19: France OT Market, By Application, 2017-2027 (USD$ Bn)
Table 20: Italy OT Market, By Type, 2017-2027 (USD$ Bn)
Table 21: Italy OT Market, By Application, 2017-2027 (USD$ Bn)
Table 22: Rest of Europe OT Market, By Type, 2017-2027 (USD$ Bn)
Table 23: Rest of Europe OT Market, By Application, 2017-2027 (USD$ Bn)
Table 24: Asia-Pacific OT Market, By Type, 2017-2027 (USD$ Bn)
Table 25: Asia-Pacific OT Market, By Application, 2017-2027 (USD$ Bn)
Table 26: Asia-Pacific OT Market, By Country, 2017-2027 (USD$ Bn)
Table 27: China OT Market, By Type, 2017-2027 (USD$ Bn)
Table 28: China OT Market, By Application, 2017-2027 (USD$ Bn)
Table 29: India OT Market, By Type, 2017-2027 (USD$ Bn)
Table 30: India OT Market, By Application, 2017-2027 (USD$ Bn)
Table 31: Japan OT Market, By Type, 2017-2027 (USD$ Bn)
Table 32: Japan OT Market, By Application, 2017-2027 (USD$ Bn)
Table 33: Rest of Asia-Pacific OT Market, By Type, 2017-2027 (USD$ Bn)
Table 34: Rest of Asia-Pacific OT Market, By Application, 2017-2027 (USD$ Bn)
Table 35: RoW OT Market, By Type, 2017-2027 (USD$ Bn)
Table 36: RoW OT Market, By Application, 2017-2027 (USD$ Bn)
Table 37: RoW OT Market, By Country, 2017-2027 (USD$ Bn)
Table 38: MEA OT Market, By Type, 2017-2027 (USD$ Bn)
Table 39: MEA OT Market, By Application, 2017-2027 (USD$ Bn)
Table 40: Latin America OT Market, By Type, 2017-2027 (USD$ Bn)
Table 41: Latin America OT Market, By Application, 2017-2027 (USD$ Bn)
Table 42: A&D Medical: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 43: Opto Circuits Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 44: Exergen Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 45: Microlife Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 46: Omron Healthcare Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 47: Radiant Innovation Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 48: Geratherm Medical AG: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 49: Terumo Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 50: Citizen Systems: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Table 51: Welch Allyn: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)