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Temperature Sensor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Temperature Sensor Industry: Forecasts to 2024

  • November 2016
  • 233 pages
  • ID: 4519445
In this report:
The market opportunity map and market attractiveness analysis included in this report provides overall insights into various market dynamics, industry competition, along with providing the most profitable segments within the global temperature sensor market.
Overall, after taking into consideration the different factors which affects the global temperature sensor market along with providing a holistic analysis of the global temperature sensor market, and also provides an estimation of growth for the forecast period during 2016 to 2024.

Summary

Table of Contents

Global Temperature Sensor Market: Summary

Temperature sensors refer to devices which helps in recording data associated to temperature. A temperature sensor helps in converting any voltage or current into a particular numerical value. Advanced temperature sensors are also used in research and development facilities with several scientific uses. The contact and non-contact temperature sensors form the distinct types of temperature sensors. These contact temperature sensors have been used in various industry verticals owing to the low cost. These sensors are used when the thermal equilibrium needs to be maintained and there is no flow of heat between the objects where the sensor needs to be in contact with the object to measure the temperature. The non-contact temperature sensor helps in measuring temperature when the surface is moving and measures temperature with the help of heat radiation emitted from the surface or object.

Temperature sensors have distinct product types, including thermistors, thermocouple, infrared temperature sensor, fiber optic temperature sensor and bimetallic temperature sensors among others. These various type of temperature sensors include both simple and complex applications. Increase in automation, across verticals including aerospace and defense, automotive, semiconductor and electronics and healthcare among others, has been some of the primary reason for the growth of temperature sensor market globally. The growing importance for advanced healthcare equipment has also been boosting the growth of temperature sensor market.

Other than this, the rise in demand for electronic products has also helped the overall temperature sensor market to grow. Rising use of thermistors, resistance temperature detectors, and infrared temperature detectors has also led to the rise in demand for automotive and healthcare sector enhancing the growth of these industries. Examining the positive impacts of the factors mentioned above, the temperature sensor market globally has been anticipated to grow at a good pace during the estimate period with the industry being more or less stable. The increasing demand for body worn temperature sensor also offers various opportunities for the growth of temperature sensor market.

Global Temperature Sensor Market: Segmentation

Based on type, the overall temperature sensor market has been divided into thermistor, resistance temperature detectors, thermocouple, infrared temperature sensor, fiber optic temperature sensor, bimetallic temperature sensor and others. The overall temperature sensor market is farther broken down based on sensing method which comprises contact and non-contact temperature sensor. The market revenue for temperature senor has been specified in USD million in terms of income and million units in terms of quantity, together with the Compound annual growth rate for the forecasted period from 2016 to 2024.

Distinct end use industries which are split under the scope of this report includes food and beverage, aerospace and defense, chemicals, oil & gas, semiconductor and electronics, automotive, healthcare and others. Each of these segments are provided with market value and estimate for the period 2016 - 2024, further highlighting the various top trends which act as influencing factors for each division provided under the scope of this report.

The region wise market analysis offers the detailed analysis of the current trends available in these regions which is farther split into distinct countries covered under these areas. The various regions covered under the scope of this report includes North America continent, Europe (EU), Asia Pacific (APAC), Middle East (ME) and African continent and Latin America area.

Global Temperature Sensor Market: Coverage of the study

This market report offers tactical analysis of the overall temperature sensor market, and the growth forecast for the period 2016 to 2024. The scope of this report includes analysis of distinct market segments which are differentiated based on product type, sensing method and end use industry of the overall temperature sensor market across territories. To aid in proper decision-making, the market research includes the profiling of most important players in this industry, their respective market share together with different business strategies which are adopted by them as well as the new developments.

The main trends analysis and market opportunity map specified in the industry report discusses the several upcoming trends and current end use industries. Other than this, the scope of the report also focuses on the future penetration of different temperature sensor related products. The market opportunity map and Analysis of market appeal included in this business report offers global insights into several market dynamics, industry competition, along with providing the most profitable segments within the overall temperature sensor market. On top of, the Porter's five forces analysis aids in superior understanding of the level of competition present in the market. Best players of the overall temperature sensor market are also being profiled and included in the study.

The analysis also offers breakdown and assessment of different factors impacting the growth of market, which are classified as market drivers, market restraints, and alternatives in this industry report. These aspects determine the various trends and their effect on the global market increase. Overall, after taking into consideration the distinct factors which affects the overall temperature sensor market along with providing a holistic analysis of the overall temperature sensor market, and also provides an estimation of growth for the outlook period during 2016 to 2024.

Firms mentioned in the market research

Some of the leading players in the overall temperature sensor market are Texas Instruments Inc., Analog Devices Inc., Microchip Technology Inc., Honeywell International Inc., STMicroelectronics N.V., Infineon Technologies AG, General Electric Company, ABB Ltd., Maxim Integrated Products Inc., ON Semiconductor and Panasonic Corporation among others.

Overall Temperature Sensor Market - By area:

North America (NA)

USA

Canada (CA)

Mexico (MX)

Europe (EU)

UK

Germany (DE)

France (FR)

Russia (RU)

Rest of europe (EU)

Asia-Pac

China (CN)

Japan (JP)

Taiwan

India (IN)

South Korea (KR)

Rest of Asia-Pac

Middle East and Africa

Untied arab emirates (uae)

Saudi arabia (SA)

South africa (SA)

Others

Latin America

Brazil (BR)

Others

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