Market Overview

Global Smart Meat Thermometer Market Report 2018: $167, 446 Million Demand Analysis & Opportunity Outlook 2016-2024

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Global Smart Meat Thermometer Market Report 2018: $167, 446 Million Demand Analysis & Opportunity Outlook 2016-2024

PR Newswire

DUBLIN, July 26, 2018 /PRNewswire/ --

The "Smart Meat Thermometer Market: Global Demand Analysis & Opportunity Outlook 2024" report has been added to ResearchAndMarkets.com's offering.

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Global smart meat thermometer market reached USD 37,073.7 Thousand in terms of value in 2016 and is expected to reach USD 167,446.6 Million by the end of 2024, expanding at a CAGR of 21.7% over the forecast period i.e. 2017-2024. Moreover, the smart meat thermometer market accounted for 445.4 Thousand units in 2016 in terms of volume and is expected to reach 1,656.5 Thousand units in 2024, expanding at a CAGR of 18.8% over the forecast period.

North America is slated to account for a leading share of 60.3% in the terms of value by 2024 in the smart meat thermometer market. The growth in the region is anticipated to be fostered by high awareness regarding meat thermometer. Besides, government campaigns such as THERMY is paving the way for the growth of the smart meat thermometer market in the North America. U.S. is the prominent market in the region.

Additionally, U.S. smart meat thermometer market reached USD 19,583.4 Thousand in 2016 and is expected to reach USD 75,246.5 Thousand by the end of 2024, expanding at a CAGR of 19.3% over the forecast period i.e. 2017-2024. In the terms of volume, U.S. smart meat thermometer market is anticipated to reach 793.5 thousand units in 2024 from 250.6 Thousand units in 2016.

Europe is expected to showcase lucrative growth over the forecast period i.e. 2017-2024 by registering a CAGR of 26.5% in the terms of value over the forecast period. Further, the market is expected to account for USD 51,741.0 Thousand by 2024 from USD 8,415.7 Thousand in 2016.

In the terms of value, Asia Pacific market is expected to expand at a CAGR of 25.1% during the forecast period i.e. 2017-2024. Increasing consumption of meat and rising awareness are expected to positively impact the growth of smart meat thermometer market in Asia Pacific.

Global smart meat thermometer market is segmented on the basis of connectivity into Bluetooth and Wi-Fi. Bluetooth segment (80.2% market value share in 2016) occupies the largest market of smart meat thermometer across the globe. Further, global Bluetooth smart meat thermometer market is anticipated to reach USD 125,366.9 Thousand by the end of 2024 from USD 29,733.1 Thousand in 2016. In the terms of volume, this segment is anticipated to flourish at a CAGR of 18.4% over the forecast period.

Key Topics Covered:

1. Research Methodology

2. Market Definitions, Assumptions & Abbreviations

3. Global Smart Meat Thermometer Market - Executive Summary

4. Smart Meat Thermometer Market - Risk Analysis

5. Recent Changes and Development in Smart Meat Thermometer Market by Geography

6. Top Countries with Highest Demand for Smart Meat Thermometer, 2017

7. Porter's Five Force Model Analysis

8. Smart Meat Thermometer Value Chain Analysis

9. Global Meat Thermometer Market Value (USD Million) & Y-o-Y Growth (%) Analysis 2016-2024

10. Global Meat Thermometer Market Volume (Thousand Units) & Y-o-Y Growth (%) Analysis 2016-2024 (Parent Market Overview)

11. Global Smart Meat Thermometer Market Value (USD Million) & Y-o-Y Growth (%) Analysis 2016-2024

12. Global Smart Meat Thermometer Market Volume (Thousand Units) & Y-o-Y Growth (%) Analysis 2016-2024

13. Market Dynamics & Its Impact Analysis

14. Global Smart Meat Thermometer Market Segmentation Analysis By Connectivity

15. Global Smart Meat Thermometer Market Segmentation Analysis By Distribution Channel

16. Global Smart Meat Thermometer Market Segmentation Analysis By Geography

17. Competitive Landscape

Companies Mentioned

  • Taylor Precision Products
  • Apption Labs
  • Cappec
  • Weber Stephen Products
  • Inkbird Tech.
  • G & C ltd
  • Maverick House Wares
  • Lavatools
  • Thermoworks
  • Loki

For more information about this report visit https://www.researchandmarkets.com/research/zp9pmt/smart_meat?w=5

 

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