Global Temperature Sensor Market
The GMI Research predicts that
the Temperature Sensor Market will perceive an increase in demand over the
forecast period. This is because of their amplifying application for
administering processes such as refining, incineration, heat tracking, and
enlargement in automotive industries.
Introduction of the Temperature Sensor
Market
A temperature sensor refers to a
device used to compute the temperature from a specific source by accumulating
temperature data and modifying it in a comprehensible form for a device. The
two types of temperature sensors are contact and non-contact temperature
sensors. In addition, they are extensively used in food & beverages, metal
& mining, chemical, and automotive industry.
Key Players of Market:
- TE Connectivity
- Honeywell International Inc.
- Texas Instruments Incorporated
- Siemens AG
- Maxim Integrated
- Endress+Hauser
- Emerson Electric Co.
- Wika Instruments India Pvt. Ltd.
- Amphenol Corporation
- Dwye
Temperature Sensor Market Dynamics
The factors accumulating the
growth of the global
Temperature Sensor market size include the surging demand for compact
and modernized healthcare tools and their rising endorsement across the
mechanization sector and home & building automation systems. In addition,
their increasing endorsement in the healthcare sector as a result of their
usage in enormous applications, which include implant, diagnostic, and imaging
devices, have supplemented the market growth. Besides this, their aggravating
implementation in aerospace & defines, automotive, petrochemical, and
consumer electronic devices to quantify the temperature of a medium precisely
and effectively in each set is another factor paving the way for market growth.
Moreover, the remarkable
advantages proffered by these sensors, which include compact, power, and
cost-saving feature, further proliferates the market share. Further, the
aggravating seepage of laptops, smart TV, camera, and smartphones have
stimulated their demand for supervising, evaluating, data logging, and
constraining systems has further impelled the market share. On the other hand,
the ongoing reduction in prices and huge competition among producers are
hindering Temperature
Sensor Market Size.
Product Type Segment Drivers
Based on the Product Type, the
Contact Temperature Sensor is predicted to sustain its supremacy in the market
over the coming years. According to the Temperature Sensors Market Research Report this is
because of the exacerbating acquisition across different industrial verticals
such as chemical, oil & gas energy & power, automotive, etc., because
of its economic cost, extensive temperature ranges, and more accurate features.
Output Segment Drivers
Based on the Output, Digital
output is contemplated to dominate the market over the coming years. This is
because of their growing seepage in aerospace, medical, test and measurement
equipment, and industrial mechanization sectors. Also, Temperature Sensors Market Forecast states that it
imparts several benefits such as quick response convenient use, personalization
option, and the less substitution cost than other outputs.
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:
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
RoW
o
UAE
o
Brazil
o
South Africa
o
Saudi Arabia
About
GMI Research
GMI is a consulting and market
research company emphasizing on accumulating all desired information about
various industries with both external and internal databases. The enterprise
imparts perception and research reports to help clients understand the
approaching challenges and chances across different sectors. The team of
analysts and experts assist in interpreting the influence of dynamics such as
drivers, share, size, growth opportunities, and other aspects. We proffer a
complete guidance to our clients to grab a supervisory decision.
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