Touchless Temperature Control Devices Market Projection (2024-2030)
The market for touchless temperature control devices, valued at USD 2.35 Billion, is anticipated to reach USD 4.35 Billion by the culmination of 2030, with a forecasted compound annual growth rate (CAGR) of 9.2% during the period spanning from 2024 to 2030.
Touchless temperature control devices have emerged as critical tools amid the ongoing COVID-19 pandemic, facilitating minimized physical contact and thereby contributing to the mitigation of viral transmission. This market segment encompasses various products, including infrared thermometers, thermal scanners, and thermal cameras, finding application across diverse sectors such as healthcare, retail, and transportation. The increasing demand for touchless temperature control devices across industries is expected to propel market growth in the foreseeable future. A primary driver for this expansion is the heightened demand for touchless technology amidst the pandemic, with these devices gaining popularity in public settings like airports, schools, and hospitals due to their ability to curtail germ transmission. Moreover, the proliferation of the Internet of Things (IoT) and smart home technologies further augments the demand for touchless temperature control devices, as they offer integration capabilities with other smart devices, fostering enhanced efficiency and convenience within residential settings.
Industry Insights:
Equipped with advanced infrared sensors capable of detecting human body temperature, touchless temperature control devices are well-suited for deployment in diverse environments, including airports, hospitals, schools, and offices. The market has witnessed a surge in demand, particularly accentuated by the COVID-19 pandemic's imperative for non-invasive temperature screening. Factors such as the increasing preference for contactless temperature screening solutions, governmental initiatives to contain viral spread, and the escalating adoption of touchless technologies across various sectors are poised to drive rapid market expansion in the forthcoming years. However, challenges such as the high upfront costs associated with touchless temperature control devices and the availability of alternative temperature screening solutions may temper market growth.
COVID-19 Impact on the Touchless Temperature Control Devices Market:
The advent of the COVID-19 pandemic has had a profound impact on the touchless temperature control devices market, characterized by surging demand for these devices in public venues. This heightened demand is fueled by the imperative for swift and accurate temperature screening to mitigate viral transmission risks. The pandemic has spurred the development of innovative touchless temperature control devices, including thermal cameras and infrared screening tools, capable of efficiently screening large volumes of individuals. Furthermore, businesses are increasingly deploying touchless temperature control devices in workplace settings to safeguard employees and patrons from viral exposure. Nevertheless, the pandemic-induced economic slowdown has posed challenges to market growth, dampening demand for non-essential goods and services, including touchless temperature control devices.
Market Drivers:
Government Regulations Driving Market Growth:
Governmental regulations mandating hygiene and infection control standards across various settings, including healthcare facilities, offices, and public spaces, serve as significant catalysts for market expansion. Regulatory bodies such as the Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) recommend the adoption of touchless temperature screening devices to mitigate infectious disease transmission risks. Consequently, businesses are increasingly adopting touchless temperature control devices to align with regulatory mandates, thereby amplifying demand for these products.
Technological Advancements Fuelling Market Expansion:
Technological innovations, notably in the realm of thermal cameras and infrared sensors, have enhanced the accuracy and efficiency of touchless temperature control devices. These advancements enable temperature measurement from a distance, minimizing physical contact and infection risks while bolstering device efficacy. Projected advancements in technology are anticipated to sustain market growth momentum in the ensuing years.
Market Restraints:
High Initial Costs Impeding Market Growth:
The adoption of touchless temperature control devices entails significant upfront costs attributed to the deployment of multiple sensors, cameras, and accompanying hardware components. Moreover, specialized software and algorithms are often required to analyze data collected by these devices, further escalating implementation costs. Additionally, integration with existing heating, ventilation, and air conditioning (HVAC) systems may necessitate substantial modifications, entailing additional expenses and time investment.
Accuracy Challenges in Certain Scenarios:
While touchless temperature control devices offer numerous benefits, accuracy limitations may arise under certain conditions. Factors such as dense clothing or environmental influences like air conditioning may impact temperature readings, potentially compromising detection precision. Moreover, variations in device quality may contribute to discrepancies in temperature readings, posing challenges in maintaining accuracy levels. Inaccurate readings can engender a false sense of security and impede effective illness identification and management.
Touch-free temperature control devices Market — By Product Type
The segment of handheld devices is anticipated to witness substantial growth, primarily attributed to their convenience and ease of handling. These devices, characterized by their compactness and portability, are well-suited for diverse applications, particularly in healthcare and industrial environments. Conversely, fixed devices are poised for growth owing to their commendable precision and reliability. Typically deployed in critical settings like laboratories and pharmaceutical manufacturing units, they furnish consistent and precise temperature assessments, thereby mitigating the likelihood of inaccuracies and bolstering operational efficiency. Similarly, wall-mounted devices are expected to register an upswing in demand across public venues such as airports and malls due to their provision of a more permanent and dependable temperature screening solution. Overall, the touch-free temperature control devices market is poised for significant expansion in the forthcoming years, propelled by the escalating need for contactless temperature monitoring solutions across various sectors.
Touch-free temperature control devices Market - By End-User
The adoption of touch-free temperature control devices is witnessing an upward trend within healthcare facilities, driven by the imperative to enhance safety and convenience for patients, visitors, and medical personnel. The exigencies of the COVID-19 pandemic have further catalyzed this demand, given the role of these devices in upholding a hygienic and secure environment. Moreover, commercial and industrial establishments are anticipated to emerge as prominent end-user segments within the touch-free temperature control devices market. With a growing emphasis on energy conservation and sustainability, the adoption of building automation systems (BAS) is gaining traction in these sectors. Touch-free temperature control devices, when integrated with BAS, furnish a seamless and energy-efficient mechanism for temperature regulation within buildings, thereby optimizing comfort levels and productivity in settings like classrooms.
Touch-free temperature control devices Market - By Region
The North American market for touch-free temperature control devices is poised for growth, propelled by increased adoption across healthcare facilities, educational institutions, and other public venues. The rising consciousness regarding hygiene and the surging demand for contactless solutions are significant contributors to market expansion within the region. Moreover, in the Asia-Pacific region, particularly in countries like China and India, heightened awareness pertaining to hygiene and infection control is driving market growth.
Major Key Players in the Market:
Market Insights and Developments:
Chapter 1. Touch-free Temperature Control Devices Market – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Touch-free temperature control devices Market – Executive Summary
2.1. Market Size & Forecast – (2023 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2023 - 2030
2.3.2. Impact on Supply – Demand
Chapter 3. Touch-free Temperature Control Devices Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Touch-free temperature control devices Market - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5. Touch-free temperature control devices Market - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Touch-free temperature control devices Market — By Product Type
6.1 Handheld devices
6.2 Fixed devices
6.3 Wall-mounted devices.
Chapter 7. Touch-free temperature control devices Market - By End-User
7.1 Healthcare
7.2 Residential
7.3 Commercial and Industrial
Chapter 8. Touch-free temperature control devices Market - By Region
8.1 North America
8.2 Europe
8.3 Asia-Pacific
8.4 Rest of the World
Chapter 9. Touch-free Temperature Control Devices Market- Key Players
9.1 3M
9.2 Honeywell International Inc.
9.3 Siemens
9.4 AG STERIS plc
9.5 FLIR Systems, Inc.
9.6 Emerson Electric Co.
9.7 Johnson Controls International plc
9.8 UTC Climate, Controls & Security
9.9 Schneider Electric SE
9.10 Thermo Fisher Scientific Inc.
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Frequently Asked Questions
A touch-free temperature control device is a non-contact, hands-free device that uses infrared technology to measure the temperature of a person's skin or forehead without physical contact.
The touch-free temperature control devices market is being driven by factors such as the need for accurate and efficient temperature screening in public places, the rising awareness of the importance of infection prevention, and the increasing adoption of touch-free technologies in various industries.
Touch-free temperature control devices are being used in a wide range of applications, including hospitals, airports, schools, offices, factories, and retail stores to screen people for fever and potential illness.
Some of the challenges facing the touch-free temperature control devices market include concerns over the accuracy of temperature readings, the high cost of some devices, and the need for consistent and standardized screening protocols.
The touch-free temperature control devices market is highly competitive and includes major players such as FLIR Systems, Inc., Hikvision, Dahua Technology, Axis Communications AB, and others.