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
- Bimetallic Temperature Sensors
- Thermocouples
- Resistive Temperature Detectors
- Thermistors
- Temperature Sensor ICS
- Non-Contact Temperature Sensors
- Infrared Temperature Sensors
- Fiber Optic Temperature Sensors
Segmentation by Output:
- Analog
- Digital
- Single-Channel Digital Temperature Sensors
- 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
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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