Temperature Sensor Market Research Report

 

As per GMI Research's latest analysis, Global Temperature Sensor Market reveals that the market is slated to register a higher CAGR in the coming years. This is mainly attributed to the high adoption of these sensors in the automotive sector, in-home & building automation systems, and the strong demand for advanced and portable healthcare equipment.

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Temperature Sensor Market’s leading Manufacturers:

·        Honeywell International Inc.

·        TE Connectivity

·        Texas Instruments Incorporated

·        Endress+Hauser

·        Siemens AG

·        Maxim Integrated

·        Emerson Electric Co.

·        Amphenol Corporation

·        Wika Instruments India Pvt. Ltd.

·        Dwye  

Temperature Sensor Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)

Key Drivers

The high adoption of these sensors in the automotive sector and in-home & building automation systems and the strong demand for advanced and portable healthcare equipment are the key drivers contributing to the growth of the temperature sensor market size. As per the temperature sensor market report, the strong demand for temperature sensors in the healthcare industry as a result of its various application, including diagnostics devices, implant devices, and imaging devices, will further surge the growth of temperature sensor market share in terms of revenue. Temperature sensors are largely utilized in automotive, consumer electronics, petrochemical, aerospace & defense, and other sectors to measure the temperature of a medium accurately and efficiently in each set of needs. These sensors provide remarkable benefits that include cost-efficient, smaller in size, and power-efficient. According to the temperature sensor market analysis, the strong penetration of consumer electronics that include smart TV, camera, smartphones, laptops, and other electronic devices is further boosting the demand for temperature sensor as it is utilized for measuring, monitoring, data logging, and control systems. On the other edge, the rapid cost reduction and high competition among the manufactures will hinder the market growth.

Product Type Segment Drivers

Based on the Product Type, the Contact Temperature Sensor is projected to dominate the market over the coming years due to the strong adoption of contact temperature sensor among several sectors, including chemical, oil & gas, automotive, energy & power, and many other sectors driven by its reduce cost, high precision features, and broad temperature ranges.

Temperature Sensor Market Segmentation:

Segmentation by Type:

·        Absolute Humidity Sensors

·        Relative Humidity Sensors

Segmentation by Product Type:

·        Contact Temperature Sensors

o    Bimetallic Temperature Sensors

o    Thermocouples

o    Resistive Temperature Detectors

o    Thermistors

o    Temperature Sensor ICS

·        Non-Contact Temperature Sensors

o    Infrared Temperature Sensors

o    Fiber Optic Temperature Sensors

Segmentation by Output:

·        Analog

·        Digital

o    Single-Channel Digital Temperature Sensors

o    Multichannel Digital Temperature Sensors

Segmentation by End-User Industry:

·        Chemicals

·        Oil & Gas

·        Consumer Electronics

·        Energy & Power

·        Healthcare

·        Automotive

·        Metals & Mining

·        Food & Beverages

·        Pulp & Paper

·        Advanced Fuel

·        Aerospace & Defense

·        Glass

·        Others

Segmentation by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is one of the leading market research and consulting company that offers consulting services, syndicated research reports, and customized market research reports. We help our client to make informed business decisions and provide market intelligence studies related to the various industries such as automotive, energy, healthcare, chemicals, technology, and other sectors. Our research teams include seasoned analysts and researchers have hands-on experience in every regions, including Asia-pacific, Europe, North America, and the Rest of the World. Our market research report provides in-depth analysis, which contains refined forecasts, a bird's eye view of the competitive landscape, factors impacting the market growth, and several other market insights to aid companies in making strategic decisions. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to help our clients to stay ahead of the curve.

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