The MEA temperature monitoring systems market is expected to grow from US$ 152.57 million in 2021 to US$ 188.37 million by 2028; it is estimated to grow at a CAGR of 3.1% from 2021 to 2028.
The rising demand for accurate temperature monitoring is expected to increase the sales of temperature monitoring systems. Leading market players are increasing their penetration across emerging markets by expanding their distribution networks and augmenting their manufacturing capabilities. Emerging markets are expected to offer potential growth opportunities for crucial temperature monitoring systems manufacturers in the years to come. This can be attributed to the large patient population, high prevalence of infectious diseases (such as COVID-19, influenza (flu), common cold, and chickenpox), increase in disposable income, improved healthcare infrastructure, and rise of medical tourism in these countries. As the markets in developed countries mature, most players are shifting their focus to emerging markets. High investments in life science and health research in emerging countries play a key role in upgrading the latest technologies in these countries. This factor, in turn, supports the inclination toward the adoption of temperature monitoring systems across the region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA temperature monitoring systems market. The MEA temperature monitoring systems market is expected to grow at a good CAGR during the forecast period.
MEA Temperature Monitoring Systems Market Revenue and Forecast to 2028 (US$ Million)
Strategic insights for the Middle East & Africa Temperature Monitoring Systems provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the Middle East & Africa Temperature Monitoring Systems refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.Middle East & Africa Temperature Monitoring Systems Strategic Insights
Middle East & Africa Temperature Monitoring Systems Report Scope
Report Attribute
Details
Market size in 2021
US$ 152.57 Million
Market Size by 2028
US$ 188.37 Million
Global CAGR (2021 - 2028)
3.1%
Historical Data
2019-2020
Forecast period
2022-2028
Segments Covered
By Application
By Type
By Industries
Regions and Countries Covered
Middle East and Africa
Market leaders and key company profiles
Middle East & Africa Temperature Monitoring Systems Regional Insights
MEA Temperature Monitoring Systems Market Segmentation
The MEA temperature monitoring systems market is segmented based on application, type, industry, and country. Based on application, the MEA temperature monitoring systems market is segmented into GxP environment and life science applications, cold chain applications, vaccine, semiconductor manufacturing, cleanrooms, data centers and equipment rooms, museums and archives, food and beverage manufacturing, chart recorder replacement, and others. The GxP environment and life science applications segment dominated the market in 2021. Based on type, the MEA temperature monitoring systems market is bifurcated into contract-based temperature monitoring systems and non-contract-based temperature monitoring systems. The contract-based temperature monitoring systems segment dominated the market in 2021. The contract-based temperature monitoring systems segment is further segmented into conventional temperature monitoring system, temperature monitoring strips and labels, and wireless temperature monitoring system. The non-contract-based temperature monitoring systems segment is further segmented into pyrometer and infrared thermometer market, thermal imagers market, and fiber optic thermometer. Based on industries, the MEA temperature monitoring systems market is segmented into healthcare and life science facilities, medical device manufacturing companies, pharmaceutical and biotechnology companies, food and beverage product manufacturers, and others. The healthcare and life science facilities segment dominate the market in 2021. The healthcare and life science facilities segment is further segmented into healthcare providers, pharmacies, patient monitoring and home care settings, blood banks and tissue banks and diagnostic labs and IVF clinics, and others. Based on country, the MEA temperature monitoring systems market has been categorized into the UAE, Saudi Arabia, South Africa, and the Rest of MEA. Saudi Arabia dominated the market in 2021.
3M, ABB Ltd., CenTrak, Deltatrak Inc., E-Control Systems Inc., Emerson Electric Co., Honeywell International Inc., Monnit Corporation, SensoScientific Inc., and Vaisala are among the leading companies in the MEA temperature monitoring systems market.
The Middle East & Africa Temperature Monitoring Systems Market is valued at US$ 152.57 Million in 2021, it is projected to reach US$ 188.37 Million by 2028.
As per our report Middle East & Africa Temperature Monitoring Systems Market, the market size is valued at US$ 152.57 Million in 2021, projecting it to reach US$ 188.37 Million by 2028. This translates to a CAGR of approximately 3.1% during the forecast period.
The Middle East & Africa Temperature Monitoring Systems Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Temperature Monitoring Systems Market report:
The Middle East & Africa Temperature Monitoring Systems Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Temperature Monitoring Systems Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Temperature Monitoring Systems Market value chain can benefit from the information contained in a comprehensive market report.