Global AI Temperature Measurement System Market is projected to grow at a CAGR of 12.1% forcasted for period from 2024 to 2031
The "AI Temperature Measurement System Market" is focused on controlling cost, and improving efficiency. Moreover, the reports offer both the demand and supply aspects of the market. The AI Temperature Measurement System market is expected to grow annually by 12.1% (CAGR 2024 - 2031).
This entire report is of 148 pages.
AI Temperature Measurement System Introduction and its Market Analysis
The AI Temperature Measurement System market research report highlights the growing demand for advanced thermal monitoring solutions in various industries. AI Temperature Measurement Systems use artificial intelligence algorithms to accurately measure and analyze temperature data. The target market includes hospitals, airports, offices, and public spaces where temperature screening is crucial. Key revenue drivers include increasing focus on safety protocols, government regulations, and the need for contactless temperature monitoring. Major players in the market include Emanate Wireless, Megvii, Baidu, SenseTime, AliHealth, and Sensaphone. The report recommends further research and development to enhance accuracy and efficiency of AI Temperature Measurement Systems.
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The AI Temperature Measurement System market is rapidly advancing with the introduction of non-contact remote-range and close-range temperature measurement systems. These systems are being widely used in train stations, subway stations, airports, and various other public spaces to quickly and accurately measure individuals' temperatures without physical contact.
The market segmentation includes non-contact remote-range temperature measurement systems and non-contact close-range temperature measurement systems, catering to different distance requirements and applications.
Regulatory and legal factors specific to market conditions are crucial considerations when implementing AI temperature measurement systems. Compliance with data privacy regulations, accuracy standards, and ethical guidelines are essential to ensure the responsible and effective use of these systems.
Overall, the AI Temperature Measurement System market is poised for significant growth as organizations prioritize health and safety measures in public spaces. With advancements in technology and increased awareness of the importance of temperature screening, these systems are becoming indispensable tools in the fight against the spread of infectious diseases.
Top Featured Companies Dominating the Global AI Temperature Measurement System Market
The AI temperature measurement system market is becoming increasingly competitive with the entry of various companies offering innovative solutions. Some of the key players in this market include Emanate Wireless, Megvii, Baidu, SenseTime, AliHealth, and Sensaphone.
Emanate Wireless specializes in wireless environmental monitoring solutions, including temperature measurement systems that use AI technology to provide accurate and real-time data. Megvii, a Chinese AI technology company, offers facial recognition temperature measurement systems that can identify individuals with elevated body temperatures. Baidu, a leading Chinese technology company, utilizes AI algorithms in its temperature measurement systems to provide accurate readings quickly.
SenseTime, another Chinese AI company, provides AI-powered temperature measurement systems for various industries such as healthcare, retail, and transportation. AliHealth, a subsidiary of Alibaba Group, offers temperature measurement solutions that use AI technology to detect fever symptoms and monitor body temperatures. Sensaphone, a US-based company, offers remote monitoring systems that include temperature measurement features enhanced by AI algorithms.
These companies contribute to the growth of the AI temperature measurement system market by providing efficient and reliable solutions that help organizations monitor and maintain optimal temperatures in various settings. Sales revenue for some of these companies includes Megvii with a reported revenue of over $500 million in 2020 and SenseTime generating over $1 billion in revenue in the same year. These companies continue to innovate and expand their product offerings to meet the increasing demand for AI temperature measurement systems in various industries.
- Emanate Wireless
- Megvii
- Baidu
- SenseTime
- AliHealth
- Sensaphone
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AI Temperature Measurement System Market Analysis, by Type:
- Non-contact Remote-range Temperature Measurement System
- Non-contact Close-range Temperature Measurement System
Non-contact Remote-range Temperature Measurement System uses infrared technology to measure temperature from a distance, making it ideal for monitoring large areas. Non-contact Close-range Temperature Measurement System is used for more precise and detailed temperature measurements in close proximity. Both types of AI Temperature Measurement Systems offer fast and accurate temperature readings without physical contact, making them convenient and hygienic. This has led to increased demand for these systems in various industries such as healthcare, food processing, and manufacturing, driving the growth of the AI Temperature Measurement System market.
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AI Temperature Measurement System Market Analysis, by Application:
- Train Station
- Subway Station
- Airport
- Others
AI Temperature Measurement Systems are utilized in various public spaces such as train stations, subway stations, airports, and other crowded areas to monitor the body temperatures of individuals as a precautionary measure for public safety. Through the use of advanced AI technology, these systems can quickly and accurately detect elevations in body temperature, which may indicate a possible fever. This allows for efficient screening of large numbers of people in a short amount of time, helping to identify potential health risks and prevent the spread of illnesses. The fastest growing application segment in terms of revenue is currently in airports, due to the high volume of travelers passing through these hubs.
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AI Temperature Measurement System Industry Growth Analysis, by Geography:
North America:
- United States
- Canada
Europe:
- Germany
- France
- U.K.
- Italy
- Russia
Asia-Pacific:
- China
- Japan
- South Korea
- India
- Australia
- China Taiwan
- Indonesia
- Thailand
- Malaysia
Latin America:
- Mexico
- Brazil
- Argentina Korea
- Colombia
Middle East & Africa:
- Turkey
- Saudi
- Arabia
- UAE
- Korea
The AI temperature measurement system market is expected to witness significant growth in regions such as North America (United States, Canada), Europe (Germany, France, ., Italy, Russia), Asia-Pacific (China, Japan, South Korea, India, Australia, Indonesia, Thailand, Malaysia), Latin America (Mexico, Brazil, Argentina, Colombia), and Middle East & Africa (Turkey, Saudi Arabia, UAE).
Among these regions, North America and Europe are expected to dominate the market with a market share percent valuation of around 30% each. Asia-Pacific is also expected to witness substantial growth and is projected to hold a market share of around 25%. Latin America and Middle East & Africa are expected to have smaller market shares but still show significant growth potential.
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