The surging need to monitor heat stress of athletes and military personnel, owing to the adverse impacts of heat on the performance of individuals, is expected to propel the heat stress monitor market at a CAGR of 2.7% during 2020–2030. The market revenue stood at $51.4 million in 2019 and it is projected to reach $62.5 million by 2030. These instruments help military personnel and athletes in tracking the heat stress limits by providing real-time information about their health.
In the recent past, portable/handheld heat stress monitors were preferred over fixed variants due to the dynamic nature of the former. Portable/handheld variants are used to monitor the intensity of heat stress in several conditions, ranging from underground mines to industrial settings. Both these types of heat stress monitors are equipped with air flow, dry bulb, globe thermometer, humidity, and natural wet bulb sensors.
Among the various types of sensors, enormous volumes of globe thermometer sensors are being increasingly adopted in the oil and gas, manufacturing, and mining sectors due to their high accuracy and exceptional durability. According to PS Intelligence, North America led the heat stress monitor market in the preceding years, owing to the presence of stringent government guidelines on the safety of employees who are exposed to high temperatures.
For example, the National Institute for Occupational Safety and Health (NIOSH) and the OSHA mandate the use of heat stress monitors in the petrochemical, oil and gas, mining, chemical, and industrial manufacturing sectors of the U.S. Additionally, the upcoming 2026 FIFA World Cup will also create a huge requirement for such devices in the U.S., Canada, and Mexico.
Further, the Asia-Pacific (APAC) region will also adopt a considerable number of heat stress monitors in the forthcoming years due to the rising number of production units in developing countries, such as Vietnam, Thailand, China, Indonesia, and India. For example, the India Brand Equity Foundation (IBEF) estimates that approximately 12% of the Indian population is employed in the manufacturing sector of the country.
To reduce heat stress among this large populace, the Ministry of Labor and Employment, Government of India, has drafted the 2018 Labor Code on Occupational Safety, Health and Working Conditions. Therefore, the soaring need to monitor heat stress of military personnel and sportspersons and the increasing focus of governments on preserving the health of working professionals will create a huge requirement for heat stress monitors globally.
