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Global reference thermometer market is set to witness a substantial CAGR of 6.05% in the forecast period of 2020 to 2026. Reference thermometer refers to a very excess precision temperature sensors as it resistance value changes with the variations in the temperature. It is very accurate, stable as well as very reliable.

Major Market Players: Reference Thermometer Market

Few of the major competitors currently working in global reference thermometer market are WIKA Alexander Wiegand SE & Co. KG., Fluke Corporation, Thermco Products Inc., Dostmann Electronic GmbH, ThermoProbe Inc., Isothermal technology Limited, AccuMac Corporation, ThermoWorks, CHINO Corporation, Eurolec Instrumentation Ltd., Gometrics S.L., Additel and FLIR Systems Inc., among others.

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They are calibrated to UKAS standards for providing highest precision. These thermometers have the ability to work in danger areas without causing any harm to the environment due to which they are observed to be highly reliable for various hazard-prone areas and industries. Reference thermometer is also used in the medical industry along with other industries.

Segmentation: Global Reference Thermometer Market

  • By Device Type (Handheld, Desktop)
  • By Application (Industrial, Medical, Research & Development, Others)
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

  • Surging preference for RTDs in several applications is driving the growth of the market
  • Advancement in technology in instrumentation engineering is contributing to the growth of the market
  • Increasing manufacturing in developing and developed countries is boosting the market growth
  • Increasing preference for resistance temperature detectors sensors is propelling the growth of the market
  • Government regulations to minimize the use of mercury in thermometer is a driver for this market

Market Restraints:

  • The potential failures at extreme temperatures and risk of contamination is hindering the growth of the market
  • Complicated manufacturing process and high cost may hinder the market growth

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Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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