Refrigerator Thermometer Market size shall reach a value of $x Million in 2027, growing with a CAGR of 9.7% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
Refrigerator thermometers are used to measure and regulate humidity and temperature in refrigerators. Refrigerator thermometers regulate and measure temperature that runs between a low of -40°F and a high of 60°F (-40°C and 15°C.). Refrigerator thermometers can be utilized in fridges and freezers. It is advisable to keep refrigerators at or below 40 degrees Celsius. This should be done, so as to avoid the hazard zone between 140 degrees and 60 degrees Celsius, where bacteria can quickly develop on food and make people sick.
Refrigerator thermometers are utilized to prevent premature food spoilage and to ensure the food is healthy for consumption. Refrigerator thermometers are located in the warmest spot of a refrigerator, which is near its door, so it can chill the entire refrigerator.
Refrigerator thermometers possess two buttons to change the temperature in Fahrenheit and degrees. Refrigerator thermometers are developed in a straightforward way with a rear magnet so that it can be easily utilized with quartz accuracy.
Refrigerator Thermometer Market Growth and Trends
Drivers :
• Refrigerator thermometers regulate and measure temperature and humidity in refrigerators. Refrigerator thermometers, used in freezers and fridges, measure temperature ranges between -40°F to 60°F (-40°C and 15°C.)
• Refrigerator thermometers are used to avoid premature food spoilageensuring the food safety.
• Refrigerator thermometers are placed near the refrigerator door, which is the warmest spot, so it can cool the entire refrigerator.
o The US Food and Drug Administration (FDA) recommends to keep refrigerators below or at 40 degrees Fahrenheit i.e.4 degrees Celsius. So as to avoid the danger zone between 140 degrees and 40 degrees Fahrenheit (60 degrees Celsius), where bacteria develop quickly on food.
• Refrigerator thermometers have two buttons of on/off to change the temperature in degrees and Fahrenheit. Refrigerator thermometers are designed in a simple way with a rear magnet, so that it can be easily operated with quartz accuracy. It regulates the temperature ranges from -20°C/-4°F to 60°C/140°F in the refrigerator or freezer.
• Rising demand for frozen food, bakery products, and packaged food products in developing as well as developed countries is leading to increased demand for refrigerator thermometers, whichboosts the market.
• Continuously growing awareness about energy conservation across the globe, led by rising power consumption, is a main factor likely to affect the demand for refrigerator thermometers during the forecast period. Supermarkets are the most energy consuming retail business, due to high consumption of electricity by refrigeration systems. The use of refrigerator thermometers can help the retail business to save a lot on power consumption.
• To reduce carbon footprint, manufacturers are focusing on developing refrigerator thermometers that consume limited or less energy. This accelerates the growth of the refrigerator thermometer market. Additionally manufacturers are designing refrigerators to meet the safety certifications and standards.
• Shift in consumer preference for energy-efficient solutions with service affordability, superior efficiency and minimum running cost will drive the global refrigerator thermometer market in coming years.
• Manufacturers are introducing smart refrigerator thermometers with sensors due to innovation in technologies which helps in controlling and monitoring the temperature of refrigeration units in efficient manner.
• Based on refrigerant type, the global refrigerator thermometer market can be divided intoFluorocarbons, Hydrocarbons and Inorganics
• The global refrigerator thermometer market can be further classified as Digital and Analog.
• The key players operating in the global refrigerator thermometer market are listed below:
Medline Industries, Inc., DeltaTrak, Inc., Cubex LLC, Ningbo V.K. Industry & Trading Co. Ltd, Ehome Products Co. Ltd., Smlpretty Technology Co., Limited., San Jamar, Comark Instruments, Taylor, Fluke Corporation, Cooper-Atkins Corporation, Wrenwane, Philipp Kirsch GmbH, MarketLab, Inc.
Restraints :
• As such there is no restraining factor in global refrigerator thermometer market
• However, global economic slowdown may affect the market temporarily
Refrigerator Thermometer Market Regional Analysis
Refrigerator Thermometer Market Share and Competition
Key companies operating in this industry are: Medline Industries, Inc., DeltaTrak, Inc., Cubex LLC, Ningbo V.K. Industry & Trading Co. Ltd, Ehome Products Co. Ltd., Smlpretty Technology Co., Limited., San Jamar., Comark Instruments, Taylor., Fluke Corporation, Cooper-Atkins Corporation, Wrenwane, Philipp Kirsch GmbH, and MarketLab, Inc. Similar industries in this domain that is growing at a high CAGR include Infrared Thermometer Market and Medical Thermometer Market.
Refrigerator Thermometer Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Refrigerant Type Analysis (Revenue, USD Million, 2020 - 2027)
• Fluorocarbons
• Hydrocarbons
• Inorganics
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Digital
• Analog
Distribution Channel Analysis (Revenue, USD Million, 2020 - 2027)
• Direct Sales (OEM)
• Indirect Sales
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Industrial
• Commercial
• Residential
End-user Analysis (Revenue, USD Million, 2020 - 2027)
• Restaurants
• Hospitals
• Hotels
• Railway
• Schools
• Super market and hyper markets
• Convenience stores
• Bakery
• Dairy
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Refrigerator Thermometer Market Companies
• Medline Industries, Inc.
• DeltaTrak, Inc.
• Cubex LLC
• Ningbo V.K. Industry & Trading Co. Ltd
• Ehome Products Co. Ltd.
• Smlpretty Technology Co., Limited.
• San Jamar.
• Comark Instruments
• Taylor.
• Fluke Corporation
• Cooper-Atkins Corporation
• Wrenwane
• Philipp Kirsch GmbH
• MarketLab, Inc.
Available Versions: -
United States Refrigerator Thermometer Market Research Report
Europe Refrigerator Thermometer Market Research Report
Asia Pacific Refrigerator Thermometer Market Research Report
India Refrigerator Thermometer Market Research Report
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