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(Construction.IndustryNews247.Com, September 08, 2018 ) According to the new market research report "Heat Stress Monitor Market by Product Type (Fix & Portable and Handheld), Application (Athletics & Sports, Military, Oil & Gas and Mining, and Manufacturing Plants), Offering, Life Form, WBGT Technology, Sensor Type, and Region - Global Forecast to 2023", the overall heat stress monitor market is estimated at USD 43.3 million in 2018 and is expected to reach USD 60.9 million by 2023, at a CAGR of 7.07% during 2018–2023. The growth of the heat stress monitor market is mainly driven by the increased employer awareness related to employee safety to avoid accidents due to excessive heat at workplaces, and increasing demand for heat stress monitors in athletics and manufacturing industries.
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Heat stress monitor is gaining a lot of traction as it is an essential tool for Occupational Health and Safety officers to evaluate work locations and verify that environmental conditions including humidity, airflow, and temperature are effective and appropriate for the prevention of heat stress.
The growing adoption of heat stress monitoring in athletics and military applications, environmental and safety regulations for heat stress management, increased employer awareness related to employee safety to avoid accidents because of excessive heat at workplaces, and increasing demand for heat stress monitors in mining and manufacturing industries are driving the heat stress monitor market worldwide.
The heat stress monitor can be handheld and portable/ fix. Major reason for the high market share and higher growth for handheld heat stress monitors is that they are very affordable (cost wise) compared to fix and portable heat stress monitors and are more effective, easy to maintain, and accurate for personal heat stress measurement when individual
person is being exposed to heat rather than a particular area with people.
Major application areas for heat stress monitors are athletics, manufacturing plants, and military. Companies offering handheld heat stress monitors are Nielsen-Kellerman (US), Extech Instruments (US), Besantek (Canada), Sper Scientific (US), PCE instruments (Germany), and REED Instruments (US).
APAC is expected to be the fastest-growing market for heat stress monitors. Growing industrialization in developing countries of this region positively affects the growth of the heat stress monitor market. APAC constitutes thriving economies, such as Singapore, Japan, China, India, and Australia, which are expected to register high growth rates in the heat stress monitor market. China has witnessed immense industrial growth and is the manufacturing capital of the world. Its government enforces stringent regulations and compliances.
Low cost of heat stress monitors, latent markets in APAC, Africa, and the Middle East, and integration of AI into heat stress monitors open huge opportunities for the heat stress monitor market.
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