Dial Thermometer Market

Dial Thermometer Market - Global
Industry Insights, Trends, 2018-2026
A dial thermometer is a complete system thermometer, which can either take readings
at the point of measurement or from a distant location with the help of the desired length
of capillary tubing.
Increasing demand of advanced thermometer is one of the major factors driving
the growth of the market.
Increasing demand for advanced thermometer is one of the factors for driving the
growth of the market. At present scenario, the global as well as local manufacturers are
focusing on delivering a wide range of advanced thermometers, which are highly
portable, maintenance free, easy to use, and offer accurate results. A wide range of
laboratory thermometers are used in different processes in a research lab or an
industry. For instance, dial thermometer are mainly used for monitoring the temperature
of asphalt, concrete, soil, and other materials that are tested in the laboratory.
Therefore, increasing demanding of advanced thermometer in order to generate
accurate results will help in boosting growth of the market.
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Increasing Utilisation of dial thermometer in the oil and refineries industries is
one of major factors driving growth of the market.
Increasing utilization of dial thermometer in the oil and refineries industries is one of the
major driving factors for growth of the market. Increasing consumption of oil by
consumers is expected to aid in growth of the number of plants of oil and refineries for
manufacturing. For instance, according to the International Energy Association (IEA)
analysis, demand for oil in 2015 was 95.67 mb/d (megabarrelperday) and it increased to
96.83 mb/d (megabarrelper day) in 2016, globally. These thermometers are used in
plants for managing the temperature of oil while filling the oils in to containers. This is
due to the fact that high temperature oil damages the container. Therefore, in order to
manage and control the temperature oil during the filling, demand for these
thermometers is increasing in the oil and refineries plants. This factor is expected to
propel growth of the market.
High cost of dial thermometers is the one of the major restraining factor for the
growth of this market.
The high cost of dial thermometer is one of the major restraining factors for hampering
the growth of the market. The cost of dial thermometer depends upon the substance
filled in the thermometer. Hence, the industries are avoiding to utilise such
thermometers as the cost of filling is very high which in turn increases the maintenance
cost for the industries. Hence, this factors will directly hamper the growth of the market.
Moreover, lack of awareness is also envisioned to hamper the growth of the dial
thermometer market across the globe.
Global Dial Thermometer Market: Regional Insights
On the basis of geography, the global dial thermometer market is segmented into North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America
held the dominant position in the market in 2016 and is projected to retain its dominance
throughout the forecast period. Increasing consumption of oil in this particular region is
one of the factor that has led to high number of plants for oil manufacturing. For
instance, according to the U.S. Energy Information Association’s (EIA) analysis, the
U.S. total consumption of oil in 2015 was 767 metric tons, which had grown to 771
metric tons in 2016. Therefore, as number of manufacturing plants of oil and refineries
increases, it will proportionally increase demand for dial thermometer.
However, Asia Pacific is expected to be the most lucrative market for dial thermometers
in the near future. Some of the key driving factors for growth of this market in the region
include increasing number of research and development activities, and increase number
of manufacturing industries in this particular region. For instance, according to the
UNESCO’s analysis, in 2017, China’s total spending on research and development
activities increased by 70.9 % from 2012. Thus, increase in spending on research and
development activities will proportionally increase demand for laboratory equipment.
Hence, this factor will help in fuelling growth of the dial thermometer in this particular
region.
Global Dial Thermometer Market: Competitive Landscape
Key players operating in the global dial thermometers market are Amarell GmbH & Co.
KG, Brannan & Sons, Camlab, Carolina Biological Supply Company, OMEGA
Engineering, Inc., PhysitempInstruments, Inc., Streck, Inc., Lab Depot, Inc. Thermo
Fisher Scientific, Inc., and ThermoProbe, Inc.
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The research report on dial thermometer market, by service type (Liquid Actuated, Mercury Actuated, and Vapour Actuated), by price range (Premium, Mid, and Low), by application and by region.

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