1. Market Research
  2. > Manufacturing
  3. > Electronics
  4. > Electronic Component Market Trends
Temperature Sensor Market by Product Type, End-User Industry And Geography - Global Forecast to 2023

Temperature Sensor Market: Global Forecast until 2023

  • May 2018
  • 151 pages
  • ID: 5006193
In this report:
The overall temperature sensor market registered a shipment of ##,##.## million units in 2016, which is expected to reach ##,##.## million units by 2023, at a CAGR of ##.##% between 2017 and 2023.
DECLINING SALES IN ASIA, MIDDLE EAST, AND AFRICA-THESE REGIONS ACCOUNTED FOR ~##% OF THE TOTAL SALES IN 2015, WHICH DECLINED TO ##% IN 2017

Summary

Table of Contents

Search Inside

Temperature sensor market to grow at a CAGR (Compound annual growth rate) of 5.90 percent between 2018 and 2023

The temperature sensor market is forecasted to grow from ~$5.6B in 2018 to ~$7.5B by 2023, at a compound annual growth rate (CAGR) of 5.90 percent between 2018 and 2023. Elements such as increasing demand for temperature sensors in the automotive market and the growing adoption of home and building automation systems are driving the market increase. The growing trend of wearable devices and increasing need for temperature control for food safety management will provide opportunities to actors in this sector. Nevertheless, the decline in the PC market will hinder the rise of the temperature sensor market.

Temperature sensor market for contact-type temperature sensor ICs to grow at topmost cagr during projection period

The sector for temperature sensor ICs is anticipated to rise at the highest CAGR (Compound annual growth rate) between 2018 and 2023.This increase is assigned to the wide usage of temperature sensor ICs in computing applications according to their small size and capability to sense remote locations.

These are also increasingly used in electric and electronic products.

Temperature sensor market for chemicals to grow at topmost cagr during forecast horizon

The chemicals end-user market is forecasted to hold the most important share of the temperature sensor market between 2018 and 2023.Monitoring and controlling temperature in any chemical process is of vital importance.

There are different critical and sensitive chemical processes wherein a small change in temperature may damage the processing equipment, as well as lead to loss of hundreds of thousands. Therefrom, temperature sensors play an important role in the chemicals end-user sector.

Temperature sensor market in Asia-Pacific to grow at topmost cagr during projection period

The temperature sensor market in Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period.Asia-Pacific is likely to continue to hold the biggest industry size due to the strong demand for consumer equipment, containing portable healthcare electronics and white goods.

Additionally, growing industrial automation, especially in automotive and food & beverages markets, will generate demand for temperature sensors in Asia-Pac.

The breakup of the profiles of primary members taking part has been provided below:

• By Company category: Tier 1-45.0 percent, Tier 2-30.0 percent, and Tier 3-25.0 percent

• By Description: C-Level Executives-40% and Managers-60%

• By Area: North America-30%, Europe-35%, APAC-20%, and RoW-15%

Top actors in the temperature sensor market are ABB, Texas Instruments, Analog Devices, Honeywell International, Amphenol, Global Mixed Mode Technology, Integrated Device Technology, Kongsberg Gruppen, Microchip Technology, ON Semiconductor, Endress+Hauser, Okazaki Manufacturing Company, Yamari Sectors, STMicroelectronics, TE Connectivity, Gunther GmbH Temperaturmesstechnik, and Omega Engineering.

Segment Research

The market research defines, depicts, and forecasts the temperature sensor market by product variety, end-user market, and area.It offers exhaustive information concerning top factors (drivers, industry restraints, possibilities, and market-specific challenges) influencing the rise of the temperature sensor market.

It also analyzes competitive developments including product launches, collaborations, strategic agreements, contracts, alliances, acquisitions, and business developments carried out by the top players to accomplish increase in the industry.

Reasons to Buy This Report

• Illustrative segmentation, review, and estimate pertaining to the temperature sensor market by product class, end-user sector, and area have been conducted to provide an global view of the market.

• Major drivers, market restraints, alternatives, and opportunities pertaining to the temperature sensor market have been precised in this business report.

• A in-depth competitive landscape of the main actors in the sector has been included in this industry report.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
On-Board Magnetic Sensor Market by Type, Magnetic Density, Vertical, Geography - Global Forecast to 2023

On-Board Magnetic Sensor Market: Global Forecast until 2023

  • $ 5650
  • Industry report
  • May 2018
  • by MarketsandMarkets

On-board magnetic sensor market estimated to grow at a CAGR of 8.4% between 2018 and 2023The overall on-board magnetic sensor market is estimated to be worth USD 1.26 billion in 2018 and expected to reach ...

Global IIoT Sensors Market in Oil and Gas Industry 2018-2022

IIoT Sensors Sector: Worldwide Forecast until 2022 in Oil and Gas Industry

  • $ 2500
  • Industry report
  • April 2018
  • by Infiniti Research Limited

About IIoT Sensors in Oil and Gas IndustryIIoT sensors are devices that can communicate/deliver their readings to internet cloud services for further aggregation and analysis of trends within an industrial ...

Global Smart Soil Moisture Sensor Market 2018-2022

Smart Soil Moisture Sensor Sector: Worldwide Forecast until 2022

  • $ 2500
  • Industry report
  • June 2018
  • by Infiniti Research Limited

About Smart Soil Moisture SensorSmart soil moisture sensors are smart soil devices that examine the volumetric water content in the soil. They help in preventing sprinklers from overwatering or underwatering ...


ref:plp2018

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on