According to a recent MarketsandMarketsTM market research analysis, the Heat Stress Monitor Market is poised for rapid expansion. The market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.07% from 2018 to 2023, from its 2018 valuation of USD 43.3 million to USD 60.9 million. Based on product categories like Fix & Portable and Handheld, as well as application categories like Athletics & Sports, Military, Oil & Gas and Mining, and Manufacturing Plants, the study divides the market into many segments. The expected rise is ascribed to the growing consciousness and apprehension about heat-related health problems across diverse sectors, which mandates the implementation of heat stress monitoring systems.

The Heat Stress Monitor Market is expanding significantly, driven mainly by employers' increased awareness of worker safety and the need to avoid workplace mishaps caused by extreme heat. The need for heat stress monitors is rising as a result of increased awareness of worker health, particularly in sectors like industry and sports. Employers who value their employees' health and safety are more likely to prioritise adopting heat stress monitoring systems. This trend highlights the market's growth, which is being propelled by the necessity to establish safer work conditions and reduce the hazards linked to heat-related health problems across a range of industries.

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Heat stress monitor Market for military application hold a major market share during the forecast period

Because military training exercises frequently entail realistic scenarios in hot environments to increase operational capabilities, the military sector stands out as one of the oldest and most prominent markets for heat stress monitors. Soldiers are more susceptible to heat-related ailments in these kinds of circumstances. When it comes to keeping an eye on military personnel's health during field operations and training exercises, heat stress sensors are essential. As such, it is projected that the military application will hold the greatest market share over the course of the forecast period. This emphasises how important heat stress monitoring systems are for protecting military personnel's health and maximising their performance in demanding environmental settings.

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Services market for heat stress monitoring is expected to grow at the highest rate during the forecast period

When it comes to heat stress monitoring, the services market takes up a bigger portion of the market than the corresponding hardware and software markets. The prolonged lifespan of heat stress monitors—which frequently surpasses five years—is blamed for this tendency. The services sector becomes crucial when it comes to the recommendation of necessary modifications for the effective prevention of heat stress, which requires periodic analysis of data from heat stress monitors. In the upcoming years, it is anticipated that there will be a significant increase in the demand for heat stress monitoring services due to rising rules requiring the monitoring of heat stress by qualified specialists and rising employee safety awareness. This focus on expert-driven services highlights the need for diverse industries to take a proactive stance in reducing the dangers connected with heat-related health conditions.

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APAC expected to grow at the highest rate between 2018 and 2023

The Asia-Pacific (APAC) area is experiencing an increase in demand for heat stress monitors due to a growing focus on worker safety. The Asia-Pacific area, which includes prosperous nations like Singapore, Japan, China, India, and Australia, is anticipated to witness substantial expansion in the heat stress monitor industry. China, a global manufacturing giant, has seen tremendous industrial progress and has established itself as the centre of the manufacturing industry. The increasing need for heat stress monitors is also fueled by the Chinese government's implementation of strict laws and compliance requirements. The usage of heat stress monitoring solutions is expected to rise significantly in APAC as the region's dedication to promoting safer and healthier workplaces is reflected in the growing recognition of the significance of protecting workers' well-being.

Major companies covered in the heat stress monitor report are TSI (US), Nielsen-Kellerman (US), REED Instruments (US), FLIR Systems/Extech) (US), Romteck (Australia), Sper Scientific (US), Runrite Electronics (South Africa), BESANTEK (Canada), SCADACore (Canada), PCE Instruments) (Germany) LSI LASTEM (Italy), Sato Keiryoki (Japan), Scarlet Tech (Taiwan), Numag Data Systems (India), General tools & instruments (US) and TES Electrical Electronic (Taiwan). among others.

News Covered:

https://www.prnewswire.com/in/news-releases/heat-stress-monitor-market-worth-609-million-by-2023-692843101.html

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