Growth Factors of Temperature Sensor Market
The global temperature sensor market size was valued at USD 5.0 billion in 2018 and is projected tgrow tUSD 14.9 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period of 2019-2032.
The COVID-19 pandemic extensively impacted the temperature sensor marketplace, riding increased call for throughout healthcare and commercial sectors. Temperature sensors have become essential in medical gadgets consisting of thermometers and ventilators and in tracking systems for vaccine storage and distribution, impeding the temperature sensor market growth.
The COVID-19 pandemic extensively impacted the temperature sensor marketplace, riding expanded demand throughout healthcare and business sectors. Temperature sensors became critical in scientific devices consisting of thermometers, ventilators, and monitoring systems for vaccine garages and distribution.
The temperature sensor market is experiencing a big boom, driven by the increasing demand for accurate and dependable temperature sizes throughout various industries. Key tendencies include the rise of the Internet of Things (IoT) enabled sensors for far-flung monitoring and records collection, the development of superior substances and nanotechnologies for advanced sensor performance and miniaturization, and the growing integration of temperature sensors intsmart gadgets and wearables, leading tthe expansion of the temperature sensor market share.
Comprehensive Analysis of Temperature Sensor Market
The temperature sensor market is segmented by way of kind and stop-consumer. Based on type, the market consists of thermocouples, thermistors, resistance temperature detectors (RTD), semiconductor temperature sensors, infrared temperature sensors, and others. The thermocouple phase is essential due tits good-sized programs across industries like chemical processing, petrochemicals, power era, and metal treating. By cease-user, the marketplace covers sectors that include healthcare, consumer electronics, automotive, aerospace and defense, food and liquids, electricity and power, oil and gasoline, and chemical substances. The oil and fuel region dominates the market as temperature sensors are critical for extraction, refining, and distribution approaches. Additionally, the automobile enterprise drives significant demand for sensors treveal automobile overall performance and ensure operational efficiency.
The North America region led the temperature sensor market by benefitting a size of USD 1.79 billion in 2018 due ttechnological improvements in growing HVAC structures, wearable gadgets, and compact systems with standalone sensors.
The leading players in the temperature sensor market play a pivotal role in shaping its growth trajectory and setting industry standards. Key players, such as ABB (Switzerland), Honeywell International (U.S.), Emerson Electric Co. (U.S.), DENSO Corporation (Japan), STMicroelectronics (Switzerland), Infineon Technologies AG (Germany), Robert Bosch GmbH (Germany), NXP Semiconductors (Netherlands), OMRON Corporation (Japan), TE Connectivity (Switzerland), Analog Devices, Inc. (U.S.), Texas Instruments Incorporated (U.S.), Maxim Integrated (U.S.), Amphenol Advanced Sensors (U.S.), Renesas Electronics Corporation (Japan), Kongsberg Maritime (Norway), Microchip Technology Inc. (U.S.), Semiconductor Components Industries, LLC (U.S.), Siemens (Germany), TDX Corporation (U.S.), and Endress+Hauser Management AG (Germany), contribute significantly ta competitive landscape. These companies drive innovation, technological advancements, and market expansion across various industries, including healthcare, automotive, aerospace, and industrial applications.
In November 2019, Azbil Corporation, a key player in construction and industrial automation, all started advertising ceiling-established indoor sensors outside of Japan, generally for use in HVAC systems inside workplace homes.
Segmentation Table
ATTRIBUTE DETAILS
Study Period - 2015-2026
Base Year - 2018
Forecast Period - 2019-2026
Historical Period - 2015-2017
Unit - Value (USD billion)
Segmentation By Type
- Thermocouple
- Thermistor
- Resistance Temperature Detector (RTD)
- Semiconductor Temperature Sensor
- Infrared Temperature Sensor
- Others
- Healthcare
- Consumer Electronics
- Automotive
- Aerospace and Defense
- Food and Beverages
- Energy and Power
- Oil and Gas
- Chemicals
- Others
- North America (US and Canada)
- Europe (UK, Germany, France, Italy, and Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, South East Asia and Rest of Asia Pacific)
- The Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)
- Latin America (Mexico, Brazil and Rest of Latin America)
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Drivers, Restraints, and Opportunities
- 3.2. Emerging Trends
- 4. Key Insights
- 4.1. Macro and Micro Economic Indicators
- 4.2. Consolidated SWOT Analysis of Key Players
- 5. Global Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecasts
- 5.2.1. By Type (Value)
- 5.2.1.1. Thermocouple
- 5.2.1.2. Thermistor
- 5.2.1.3. Resistance Temperature Detector (RTD)
- 5.2.1.4. Semiconductor Temperature Sensor
- 5.2.1.5. Infrared Temperature Sensor
- 5.2.1.6. Others
- 5.2.2. By End-User (Value)
- 5.2.2.1. Healthcare
- 5.2.2.2. Consumer Electronics
- 5.2.2.3. Automotive
- 5.2.2.4. Aerospace and Defence
- 5.2.2.5. Food and Beverages
- 5.2.2.6. Energy and Power
- 5.2.2.7. Oil and Gas
- 5.2.2.8. Chemicals
- 5.2.2.9. Others
- 5.2.3. By Region (Value)
- 5.2.3.1. North America
- 5.2.3.2. Europe
- 5.2.3.3. Asia Pacific
- 5.2.3.4. The Middle East and Africa
- 5.2.3.5. Latin America
- 6. North America Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecasts
- 6.2.1. By Type (Value)
- 6.2.1.1. Thermocouple
- 6.2.1.2. Thermistor
- 6.2.1.3. Resistance Temperature Detector (RTD)
- 6.2.1.4. Semiconductor Temperature Sensor
- 6.2.1.5. Infrared Temperature Sensor
- 6.2.1.6. Others
- 6.2.2. By End-User (Value)
- 6.2.2.1. Healthcare
- 6.2.2.2. Consumer Electronics
- 6.2.2.3. Automotive
- 6.2.2.4. Aerospace and Defence
- 6.2.2.5. Food and Beverages
- 6.2.2.6. Energy and Power
- 6.2.2.7. Oil and Gas
- 6.2.2.8. Chemicals
- 6.2.2.9. Others
- 6.2.3. By Country (Value)
- 6.2.3.1. US
- 6.2.3.2. Canada
- 7. Europe Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecasts
- 7.2.1. By Type (Value)
- 7.2.1.1. Thermocouple
- 7.2.1.2. Thermistor
- 7.2.1.3. Resistance Temperature Detector (RTD)
- 7.2.1.4. Semiconductor Temperature Sensor
- 7.2.1.5. Infrared Temperature Sensor
- 7.2.1.6. Others
- 7.2.2. By End-User (Value)
- 7.2.2.1. Healthcare
- 7.2.2.2. Consumer Electronics
- 7.2.2.3. Automotive
- 7.2.2.4. Aerospace and Defence
- 7.2.2.5. Food and Beverages
- 7.2.2.6. Energy and Power
- 7.2.2.7. Oil and Gas
- 7.2.2.8. Chemicals
- 7.2.2.9. Others
- 7.2.3. By Country (Value)
- 7.2.3.1. UK
- 7.2.3.2. Germany
- 7.2.3.3. France
- 7.2.3.4. Italy
- 7.2.3.5. Rest of Europe
- 8. Asia Pacific Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecasts
- 8.2.1. By Type (Value)
- 8.2.1.1. Thermocouple
- 8.2.1.2. Thermistor
- 8.2.1.3. Resistance Temperature Detector (RTD)
- 8.2.1.4. Semiconductor Temperature Sensor
- 8.2.1.5. Infrared Temperature Sensor
- 8.2.1.6. Others
- 8.2.2. By End-User (Value)
- 8.2.2.1. Healthcare
- 8.2.2.2. Consumer Electronics
- 8.2.2.3. Automotive
- 8.2.2.4. Aerospace and Defence
- 8.2.2.5. Food and Beverages
- 8.2.2.6. Energy and Power
- 8.2.2.7. Oil and Gas
- 8.2.2.8. Chemicals
- 8.2.2.9. Others
- 8.2.3. By Country (Value)
- 8.2.3.1. China
- 8.2.3.2. Japan
- 8.2.3.3. India
- 8.2.3.4. South Korea
- 8.2.3.5. Southeast Asia
- 8.2.3.6. Rest of Asia-Pacific
- 8.3. The Middle East and Africa Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 8.4. Key Findings / Summary
- 8.5. Market Size Estimates and Forecasts
- 8.5.1. By Type (Value)
- 8.5.1.1. Thermocouple
- 8.5.1.2. Thermistor
- 8.5.1.3. Resistance Temperature Detector (RTD)
- 8.5.1.4. Semiconductor Temperature Sensor
- 8.5.1.5. Infrared Temperature Sensor
- 8.5.1.6. Others
- 8.5.2. By End-User (Value)
- 8.5.2.1. Healthcare
- 8.5.2.2. Consumer Electronics
- 8.5.2.3. Automotive
- 8.5.2.4. Aerospace and Defence
- 8.5.2.5. Food and Beverages
- 8.5.2.6. Energy and Power
- 8.5.2.7. Oil and Gas
- 8.5.2.8. Chemicals
- 8.5.2.9. Others
- 8.5.3. By Country (Value)
- 8.5.3.1. GCC
- 8.5.3.2. South Africa
- 8.5.3.3. Rest of Middle East & Africa
- 9. Latin America Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecasts
- 9.2.1. By Type (Value)
- 9.2.1.1. Thermocouple
- 9.2.1.2. Thermistor
- 9.2.1.3. Resistance Temperature Detector (RTD)
- 9.2.1.4. Semiconductor Temperature Sensor
- 9.2.1.5. Infrared Temperature Sensor
- 9.2.1.6. Others
- 9.2.2. By End-User (Value)
- 9.2.2.1. Healthcare
- 9.2.2.2. Consumer Electronics
- 9.2.2.3. Automotive
- 9.2.2.4. Aerospace and Defence
- 9.2.2.5. Food and Beverages
- 9.2.2.6. Energy and Power
- 9.2.2.7. Oil and Gas
- 9.2.2.8. Chemicals
- 9.2.2.9. Others
- 9.2.3. By Country (Value)
- 9.2.3.1. Mexico
- 9.2.3.2. Brazil
- 9.2.3.3. Rest of Latin America
- 10. Competition Matrix
- 10.1. Business Strategies Adopted by Leading Players
- 11. Global Temperature Sensor Market Revenue Share Analysis, By Key Players, 2018
- 12. Company Profile
- 12.1. ABB
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Emerson Electric Co.
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. HONEYWELL INTERNATIONAL INC.
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. DENSO CORPORATION
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. STMicroelectronics
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Infineon Technologies AG
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Robert Bosch GmbH
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. NXP Semiconductors
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. OMRON Corporation
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. TE Connectivity
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 12.11. Analog Devices, Inc.
- 12.11.1. Overview
- 12.11.2. Description
- 12.11.3. Product Portfolio
- 12.11.4. Financials (Data as available in public domain and/or on paid databases)
- 12.11.5. Recent Developments
- 12.12. Texas Instruments Incorporated
- 12.12.1. Overview
- 12.12.2. Description
- 12.12.3. Product Portfolio
- 12.12.4. Financials (Data as available in public domain and/or on paid databases)
- 12.12.5. Recent Developments
- 12.13. Maxim Integrated
- 12.13.1. Overview
- 12.13.2. Description
- 12.13.3. Product Portfolio
- 12.13.4. Financials (Data as available in public domain and/or on paid databases)
- 12.13.5. Recent Developments
- 12.14. Amphenol Advanced Sensors
- 12.14.1. Overview
- 12.14.2. Description
- 12.14.3. Product Portfolio
- 12.14.4. Financials (Data as available in public domain and/or on paid databases)
- 12.14.5. Recent Developments
- 12.15. Renesas Electronics Corporation
- 12.15.1. Overview
- 12.15.2. Description
- 12.15.3. Product Portfolio
- 12.15.4. Financials (Data as available in public domain and/or on paid databases)
- 12.15.5. Recent Developments
- 12.16. Kongsberg Maritime
- 12.16.1. Overview
- 12.16.2. Description
- 12.16.3. Product Portfolio
- 12.16.4. Financials (Data as available in public domain and/or on paid databases)
- 12.16.5. Recent Developments
- 12.17. Microchip Technology Inc.
- 12.17.1. Overview
- 12.17.2. Description
- 12.17.3. Product Portfolio
- 12.17.4. Financials (Data as available in public domain and/or on paid databases)
- 12.17.5. Recent Developments
- 12.18. Semiconductor Components Industries, LLC
- 12.18.1. Overview
- 12.18.2. Description
- 12.18.3. Product Portfolio
- 12.18.4. Financials (Data as available in public domain and/or on paid databases)
- 12.18.5. Recent Developments
- 12.19. Siemens
- 12.19.1. Overview
- 12.19.2. Description
- 12.19.3. Product Portfolio
- 12.19.4. Financials (Data as available in public domain and/or on paid databases)
- 12.19.5. Recent Developments
- 12.20. TDX Corporation
- 12.20.1. Overview
- 12.20.2. Description
- 12.20.3. Product Portfolio
- 12.20.4. Financials (Data as available in public domain and/or on paid databases)
- 12.20.5. Recent Developments
- 12.21. Endress+Hauser Management AG
- 12.21.1. Overview
- 12.21.2. Description
- 12.21.3. Product Portfolio
- 12.21.4. Financials (Data as available in public domain and/or on paid databases)
- 12.21.5. Recent Developments
- 12.22. Okazaki Manufacturing Company
- 12.22.1. Overview
- 12.22.2. Description
- 12.22.3. Product Portfolio
- 12.22.4. Financials (Data as available in public domain and/or on paid databases)
- 12.22.5. Recent Developments
- 12.23. Yamari Industries, Limited.
- 12.23.1. Overview
- 12.23.2. Description
- 12.23.3. Product Portfolio
- 12.23.4. Financials (Data as available in public domain and/or on paid databases)
- 12.23.5. Recent Developments
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