August 31, 2020

Temperature Detection Screen Market Headed for Growth and Global Expansion by 2030

Temperature Detection Screen Market: Overview

In the current situation because of ravage of COVID-19, the need to contain the spread of coronavirus has led to massive rise in demand for temperature detection screen. Temperature detection screens are now mandatory in medical centers, government organizations, and commercial zones to monitor individuals with above normal temperature.

Temperature detection screen is mainly of two types: portable/handheld and fixed/mounted.

The report analyzes the temperature detection screen market in a comprehensive manner and enumerates the findings in a market intelligence report. The report covers demand dynamics, growth opportunities, and regional outlook of the temperature detection screen market over the 2020 – 2030 forecast period. Furthermore, the report studies the competitive landscape, throwing light on winning growth strategies of key players in the temperature detection screen market.

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Temperature Detection Screen Market: Notable Development and Competitive Landscape

In a recent development, in the rocky times of COVID-19, Athena Security – an Austin-based startup is an example of innovation-under-pressure. At the core, the company focuses on enterprise gun detection camera for spotting weapons, guns, and criminal acts. Soon, the team realized to enhance its existing gun detection system to sustain business in these tough times. The team learned that adding a sensitive thermal imaging camera to its existing gun detection system will provide skin temperature reading, and would allow companies to screen up to 2,000 single-file visitors every hour with potential COVID-19 fevers. Since higher temperature is one of the first symptoms of COVID-19, the camera warns the person of possibility of carrying the virus and take necessary steps for self-quarantine.

At the competitive front, the temperature detection screen market features presence of some well-entrenched players who hold considerable revenue in the market. Nonetheless, the vendor landscape is fragmented marked by the presence of small and large players in the temperature detection screen market.

Prominent players operating in the temperature detection screen market include FLIR Systems, L3 Harris Technologies, Opgal, Thermoteknix Systems, Seek Thermal, Xenics, Leonardo, Axis Communications, OptoTherm, Fluke, 3M, and Infratec.

Temperature Detection Screen Market: Key Trends

Amidst COVID-19, portable/handheld temperature detection screen is witnessing massive demand to contain the virus. In urban areas, government institutions, public places, and even residential communities are equipped with temperature detection screen at the point of entry or exit to check temperature of individuals entering the premises.

However, possibility of false negative and false positive of screening puts question on the reliability of temperature devices. For such reasons, temperature screening can be recommended temperature devices are established to be accurate to screen for COVID-19.

Meanwhile, among a slew of applications, temperature detection screen finds immense use in military operations. Temperature detection screen, especially thermal scanners, find use for day-night observation and thermal target detection in military operations.

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Temperature Detection Screen Market: Regional Outlook

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America are the key regions into which the temperature detection screen market is divided in this report. Europe is predicted to maintain its supremacy in the temperature detection screen market over the forecast period. In Europe, the alarming rise in COVID-19 cases, with Italy, Spain, and France at the epicenter of the pandemic in the region has translated into massive demand for temperature detection screens.

North America is another key region in the temperature detection screen market. Amidst COVID-19, strict government regulations to monitor temperature of individuals at public places has led to surge in demand for temperature detection screen in the region.

Asia Pacific is emerging as a key region in the temperature detection screen market. Outbreak of COVID-19 has led to rapid uptake of precautionary measures to contain the virus, including use of temperature detection screen at entry points of business areas, government institutions, and even residential communities in urban areas of the region.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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