According to a new report published by Transparency Market Research “China Thermometer Market - Temperature Measurement And Monitoring Devices Market: China Industry Analysis, Size (Volume-Value), Trend and Forecast (2010 – 2016)” China temperature monitoring market (thermometer market)is estimated to be USD 69.8 million in 2011 and expected to reach USD 111.2 million in 2016 at a CAGR of 9.8% over the period 2011 to 2016. Mercury-free thermometer segment will be the largest segment with 68.8% revenue share in 2016. Mercury based thermometer market will witness negative growth during this period.
Browse full report at: http://www.transparencymarketresearch.com/china-thermometer-market.html
China currently is the largest manufacturer of the mercury-based thermometer devices, manufacturing over 150 million thermometers per year, for both exports and domestic consumption. Most of the mercury thermometer demand in the country is cater through the domestic production. However, growing awareness about mercury pollution and global initiative for lowering the consumption of mercury has spur the demand for digital and other type mercury-free thermometer devices in the country, which is currently being catered through domestic production and imports.
The China temperature is largely dominated by Mercury-based thermometers, especially in volume terms. In 2011, the mercury-based thermometers accounted for 54.8% of the China temperature monitor devices revenue at USD 38.26 million. However, our research indicates that the situation will reverse over next two years. Furthermore, the market for mercury-free thermometers will strengthen to acquire a market share of 68.8% in 2016. The mercury-free thermometer market will reach USD 76.78 million in 2016 growing with CAGR of 19.5% during 2011 – 2016.
While mercury-free thermometer segment is expected to attain considerable growth during the forecast period, mercury-based thermometer segment will continue to decline during the same period. The mercury-free thermometer segment is expected to grow with CAGR of 19.5% (value terms) and 21.3% (volume terms) during 2011 – 2016. The mercury-based thermometer segment is expected to contract with a negative CAGR of 1.9% and 2.0% (value and volume wise respectively) during the forecast period.
The price for mercury-based thermometers will largely remain unchanged during the forecast period. On the other hand the price change into mercury-free thermometer segment will be about USD 0.6 per unit. The Unit price for mercury-free thermometer was about USD 7.6 in 2011 and will be USD 7.1 per unit in 2016.
This report provides a holistic view to the overall China Thermometer market with 7 year market data (volume-value) & forecast based on following segmentation:
By Category
- Mercury-based
- Mercury Free
By Products
- Mercury Free
- Digital thermometer
- Resistance temperature detectors
- Thermocouples
- LCD thermometer
- Infrared thermometer
- Others
About us
Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services.
Transparency Market Research (TMR) is a market intelligence company providing global business research reports and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers
TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources along with various tools and techniques to gather and analyze information.
Our business offerings represent the latest and the most reliable information which is indispensable for businesses to sustain their competitive edge.
Our Approach
· Our research reports cover global markets, present analysis and forecast for a period of five years.
· The market structure and forecasts are developed on the basis of secondary research and are cross-validated through primaries conducted with industry players and key opinion leaders (KOLs).
· Respondents are led through a questionnaire to gather quantitative and qualitative inputs on their operations, performance, strategies and views on the overall market, including key developments and technology trends.
Contact Us
Sheela AK
State Tower,
90 State Street,
Suite 700
Albany NY – 12207
United State
Tel: +1-518-618-1030
USA - Canada
Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Market Research Report Blogs:
http://businessindustryresearch.wordpress.com/
Browse full report with TOC at: http://www.transparencymarketresearch.com/china-thermometer-market.html
No comments:
Post a Comment