Heat Stress Monitor Market To Reach $62.5 Million by 2030

The major driver in the global heat stress monitor market is the growing awareness of heat-related illnesses, such as dehydration, fatigue, and heat stroke, especially for military personnel, athletes, and employees. Moreover, the market is predicted to touch $62.5 million by 2030. The outbreak of COVID-19 had disrupted the entire circular economy and this market was no exception. It ruptured the entire logistical network, thereby, negatively affecting the original equipment manufacturers (OEMs) in numerous countries including China. Hence, this resulted in lowering the sales of the market.

The swift adoption of technologically advanced devices will spur the heat stress monitor market growth. Furthermore, the growing popularity of wearable monitoring equipment will augment growth in the market. There are skyrocketing investments in the research and development of this market so that the market players can adapt to the current market dynamics. For example, Qatar Mobility Innovations Center (QMIC)'s smart heat stress monitoring solutions are built on a smart IoT platform, offering automated systems for real-time heat stress monitoring of workers. This will ensure the safety of working professionals.

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The rising application of heat stress monitors in the defense and athletic sectors will propel growth in the heat stress monitor market. This is because they are very much exposed to scorching heat rays, which in turn, have adverse effects on the ability of these people. Due to the high ambient and metabolic heat generation, extended intense physical activity in operations and training exercises expose military personnel and sports athletes to considerable heat stress. Moreover, this can be used to keep them informed whenever heat exceeds the stress limits.

Another significant factor exerting a push on the heat stress monitor market growth is the growing awareness of diseases caused by heat stress in workplaces, especially manufacturing facilities. The framework of monitoring workplace regulations and safety standards has been set by the renowned Occupational Safety and Health Administration (OSHA) to ensure the well-being of workers. Additionally, some stringent rules and regulations have been imposed by the ministry/department of labor in numerous countries, such as Japan, South Korea, India, Australia, the U.K., Saudi Arabia, Germany, and the U.S.

Geographically, North America rules the heat stress monitor market and it will exhibit the same trend in the coming years. Government agencies, such as the National Institute for Occupational Safety and Health (NIOSH) and the Occupational Safety and Health Administration (OSHA), have established obligatory rules for employee safety regarding heat exposure. These mandated requirements have required heat stress monitors to be used in industries where heat radiation exposure is high, such as chemical, industrial manufacturing, mining, oil and gas, and petrochemicals.

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Being home to some of the most populous countries including Japan, China, and India, APAC will also not lag. Manufacturing employs around 18% of the regional working population. To decrease heat stress among employees, several governments have adopted health norms and occupational safety that necessitates enterprises to monitor heat radiation exposure and related stress on the workers. All of this will create lucrative opportunities for market players including Doculam Pty. Ltd., Runrite Electronics CC, AZ Instrument Corp., Svan Analytical Instruments Pvt. Ltd., and Accutron Instruments Inc. to gain a competitive edge.

Hence, the growing awareness of heat-related illnesses will drive the market creating extravagant opportunities for corporations.

To Generate Revenue worth $11,334.0 Million by 2030

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This release was published on openPR.