The dew point thermometer market is likely to strengthen its hold in the global market at a moderate CAGR of 8.3% during the forecast period. The global market holds a forecasted revenue of US$ 755 Mn in 2022 and is likely to cross US$ 1.57 Bn by the end of 2032.
The dew point thermometer market is anticipated to show promising growth prospects during the forecast period, expanding the dew point thermometer market size.
| Attributes | Details |
| CAGR (2022-2032) | 8.3% |
| Value (2022) | US$ 755 Mn |
| Value (2032) | US$ 1.57 Bn |
A dew point comes when condensation takes place while air or gas is cooled, and water or liquid starts condensing when the air temperature falls below the dew point temperature. A dew point thermometer is used to measure the relative humidity, forecasting the weather to a certain degree.
This dew point thermometer ensures errorless spot-checking and boosts the demand for dew point thermometers in the market. This pushes the demand for dew point thermometer worldwide while vendors experiment and create new products.
Other additional features are temperature measuring range, waterproof & dustproof body casing, including Bluetooth interface compact sizing, rising adoption of dew point thermometer that provides precise and accurate test results.
When the dew point temperature and air temperature are known, metrological phenomena like fog, dew, or rain can be forecast. As the dew point thermometer is capable of measuring the temperature, relative humidity, and temperature, its adoption for measuring the ambient room temperature and humidity has increased in recent years.
Furthermore, the growing demand for dew point thermometer for indoor and environmental monitoring is also promoting the growth of the dew point thermometer across the globe. Dew point thermometer applications include monitoring the climates of refrigerated trucks, warehouses, HVAC installations and construction sites where excess condensation and uneven temperature can create spoilage and health hazards.
In addition to that, the frequent need for dew point thermometer to measure the wet-bulb temperature, air volume, and wind speed is accelerating the demand for dew point thermometer in the market.
However, lesser awareness associated with the dew point apparatus in undeveloped regions is one of the restraints that hinder the market growth.
On the basis of geography, the global dew point thermometer market is categorized into North America, Latin America, Europe, APEJ, and MEA Regions. The global dew point thermometer is expected to register healthy market growth over the forecast period owing to high demand from end-use industries, increasing the demand for dew point thermometers.
In terms of revenue share, North America and Europe regions are capturing a significant market share. The high adoption of advanced portable dew point thermometers in these regions is boosting the sales of dew point thermometers market growth.
Furthermore, the growing demand for dew point thermometers in the APEJ region for environmental monitoring, especially in countries like China and India, is also driving the dew point thermometer market growth significantly. The frequent need for a dew point thermometer in weather stations and research laboratories in this region is predicted to witness considerable market growth over the forecast period. On the other hand, an increasing number of research activities associated with weather forecasting in MEA regions are also fueling the demand for dew point thermometer.
The key players of the Dew point thermometer market are focusing on mergers and collaborations that are fueling the sales of Dew point thermometers.
Key players in the dew point thermometer market include Koehler INSTRUMENT COMPANY.INC., PCE Deutschland GmbH, HOVERLABS, Apex Instruments., Elcometer Limited, COSA XENTAUR, ROTRONIC AG and CVS Controls Ltd.
Recent Market Development:
| Report Attribute | Details |
| Growth Rate | CAGR of 8.3% from 2022 to 2032 |
| Base year for estimation | 2021 |
| Historical data | 2015 - 2020 |
| Forecast period | 2022 - 2032 |
| Quantitative units | Revenue in USD Billion, volume in kilotons, and CAGR from 2022 to 2032 |
| Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
| Segments covered | Modularity, Sales Channel, End User Industry |
| Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
| Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
| Key companies profiled | Koehler INSTRUMENT COMPANY.INC., PCE Deutschland GmbH, HOVERLABS, Apex Instruments., Elcometer Limited, COSA XENTAUR, ROTRONIC AG and CVS Controls Ltd. |
| Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
North America and Europe are the biggest markets in the Dew point thermometer market and will be helpful in increasing the dew point thermometer market size. The factors that lead to high growth throughout this region are high adoption of dew point thermometer in new industry. This leads to the high demand for dew point thermometer in developed countries like Canada and US.
Key competitors holding substantial dew point thermometer market share include Koehler INSTRUMENT COMPANY.INC., PCE Deutschland GmbH, HOVERLABS, Apex Instruments., Elcometer Limited, COSA XENTAUR, ROTRONIC AG and CVS Controls Ltd.
Demand for dew point thermometer is likely to increase with its use in chemical industry, electronics industry and electrical appliances manufacturing units. This pushes the sales of dew point thermometer in new markets.
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Dew Point Thermometer Market
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