Wireless Temperature Sensor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Wireless Temperature Sensor Market
The global wireless temperature sensor market size was valued at USD 1816.0 million in 2019 and is projected to grow to USD 3129.8 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period of 2020-2027.
During COVID-19, there were disruptions in the Wireless Temperature Sensor delivery chains and a halt in production due to lockdown norms and laws. Nevertheless, during a pandemic, demand for faraway tracking and automation in healthcare services, prescribed drugs, and industrial segments surged, therefore uplifting the demand for the wireless temperature sensor, enhancing the wireless temperature sensor market growth.
The Wireless Temperature Sensor Market is driven by the growing adoption of IoT and automation across industries, demand for far-flung monitoring solutions in healthcare and business packages, and advancements in wi-fi technology.
Advanced sensor technologies are driving the wireless temperature sensor market. High-precision sensors offer correct and reliable temperature statistics. At the same time, superior wireless conversation protocols like Wi-Fi, Bluetooth, and Zigbee permit seamless facts transmission to far-off tracking systems, expanding the wireless temperature sensor market share globally. This aggregate of generation permits green and effective temperature tracking, leading to progressed decision-making and optimized operations.
Comprehensive Analysis of Wireless Temperature Sensor Market
The wireless temperature sensor market is segmented by type, channel output, generation, and end-consumer industry. By kind, thermocouples dominate because of their versatility in commercial applications, while semiconductor temperature sensors are gaining traction in embedded packages. For channel output, single-channel sensors keep the most critical percentage. In contrast, multi-channel sensors are expected to grow unexpectedly because of their capacity to monitor more than one heat asset. In a generation, Bluetooth-enabled sensors lead the marketplace, driven by their use in purchaser electronics and intelligent infrastructure, with Wi-Fi-primarily based sensors expected to develop fastest. Among stop-customers, the oil and fuel enterprise money owed for the most critical percentage, utilizing those sensors for technique tracking, while the car region is the quickest-developing segment, driven using packages in engine management and exhaust systems. Other industries, including healthcare, aerospace, and food and drinks, contribute notably to the marketplace boom.
The North America region led the wireless temperature sensor market by benefitting a size of USD 659.9 million in 2019 due to the growth of the industrial manufacturing and vehicle industries; there's an increasing call for this kind of sensor answer throughout the USA and Canada.
The leading players in the Wireless Temperature Sensor market significantly impact its growth and help set industry standards. Key companies such as Temptime Corporation (New Jersey, United States), OMEGA Engineering Inc. (Connecticut, United States), Texas Instruments Incorporated (Texas, United States), PASCO Scientific (California, United States), Emerson Electric Co. (Missouri, United States), Honeywell International Inc. (North Carolina, United States), ABB Ltd. (Zürich, Switzerland), Axzon Inc. (Texas, United States), E+E Elektronik Ges.m.b.H. (Engerwitzdorf, Austria), Phoenix Sensors LLC (Arizona, United States), Microchip Technology Inc. (Arizona, United States), Schneider Electric SA (Rueil-Malmaison, France), Endress+Hauser SA (Reinach, Switzerland), Siemens AG (Munich, Germany), and Yokogawa Electric Corporation (Tokyo, Japan) contribute to a competitive market landscape, driving innovation and advancing the technology of wireless temperature sensing solutions.
In July 2019, CTS Corporation acquired Quality Thermistor, Inc. (QTI), a leading US-based total issuer of temperature sensors, for USD 75 million. This acquisition lets CTS Corporation broaden QTI's wireless temperature sensor offerings across the aerospace, scientific, protection, and business sectors.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2016 – 2027
Base Year 2019
Forecast Period 2020 – 2027
Historical Period 2016 – 2018
Unit Value (USD Million)
SegmentationBy Type
Thermocouple
Thermistor
Resistance Temperature Detector (RTD)
Semiconductor Temperature Sensor
Infrared Temperature Sensor
Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
By Channel Output
Single-channel
Multi-channel
By Technology
Wi-Fi
Bluetooth
Zigbee
Radio-Frequency Identification (RFID)
Others (WirelessHART, etc.)
By End-user
Healthcare
Consumer Electronics
Automotive
Aerospace and Defense
Food and Beverages
Energy and Power
Oil and Gas
Chemicals
Others (Transportation, etc.)
By Region
North America
The U.S.
By Channel Output
Canada
By Channel Output
By Type
By Channel Output
By Technology
By End-user
By Country
Europe
The U.K.
By Channel Output
Germany
By Channel Output
France
By Channel Output
Italy
By Channel Output
Spain
By Channel Output
By Type
By Channel Output
By Technology
By End-user
By Country
Asia Pacific
China
By Channel Output
Japan
By Channel Output
India
By Channel Output
South East Asia
By Channel Output
By Type
By Channel Output
By Technology
By End-user
By Country
Middle East & Africa
GCC
By Channel Output
South Africa
By Channel Output
By Type
By Channel Output
By Technology
By End-user
By Country
Latin America
Mexico
By Channel Output
Brazil
By Channel Output
By Type
By Channel Output
By Technology
By End-user
By Country
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Force Analysis
- 4.4. Global Wireless Temperature Sensors Market Share Analysis and Matrix, 2019
- 5. Key Market Insights and Analysis, By Segments
- 6. Global Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 6.1. By Type (Value)
- 6.1.1. Thermocouple
- 6.1.2. Thermistor
- 6.1.3. Resistance Temperature Detector (RTD)
- 6.1.4. Semiconductor Temperature Sensor
- 6.1.5. Infrared Temperature Sensor
- 6.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 6.2. By Channel Output (Value)
- 6.2.1. Single-channel
- 6.2.2. Multi-channel
- 6.3. By Technology (Value)
- 6.3.1. Small & Medium Enterprise (SMEs)
- 6.3.2. Large Enterprise
- 6.4. By End-user (Value)
- 6.4.1. Healthcare
- 6.4.2. Consumer Electronics
- 6.4.3. Automotive
- 6.4.4. Aerospace and Defense
- 6.4.5. Food and Beverages
- 6.4.6. Energy and Power
- 6.4.7. Oil and Gas
- 6.4.8. Chemicals
- 6.4.9. Others (Transportation, etc.)
- 6.5. By Region (Value)
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia Pacific
- 6.5.4. Middle East & Africa
- 6.5.5. Latin America
- 7. North America Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 7.1. By Type (Value)
- 7.1.1. Thermocouple
- 7.1.2. Thermistor
- 7.1.3. Resistance Temperature Detector (RTD)
- 7.1.4. Semiconductor Temperature Sensor
- 7.1.5. Infrared Temperature Sensor
- 7.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 7.2. By Channel Output (Value)
- 7.2.1. Single-channel
- 7.2.2. Multi-channel
- 7.3. By Technology (Value)
- 7.3.1. Small & Medium Enterprise (SMEs)
- 7.3.2. Large Enterprise
- 7.4. By End-user (Value)
- 7.4.1. Healthcare
- 7.4.2. Consumer Electronics
- 7.4.3. Automotive
- 7.4.4. Aerospace and Defense
- 7.4.5. Food and Beverages
- 7.4.6. Energy and Power
- 7.4.7. Oil and Gas
- 7.4.8. Chemicals
- 7.4.9. Others (Transportation, etc.)
- 7.5. By Country (Value)
- 7.5.1. United States
- 7.5.2. Canada
- 8. Europe Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 8.1. By Type (Value)
- 8.1.1. Thermocouple
- 8.1.2. Thermistor
- 8.1.3. Resistance Temperature Detector (RTD)
- 8.1.4. Semiconductor Temperature Sensor
- 8.1.5. Infrared Temperature Sensor
- 8.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 8.2. By Channel Output (Value)
- 8.2.1. Single-channel
- 8.2.2. Multi-channel
- 8.3. By Technology (Value)
- 8.3.1. Small & Medium Enterprise (SMEs)
- 8.3.2. Large Enterprise
- 8.4. By End-user (Value)
- 8.4.1. Healthcare
- 8.4.2. Consumer Electronics
- 8.4.3. Automotive
- 8.4.4. Aerospace and Defense
- 8.4.5. Food and Beverages
- 8.4.6. Energy and Power
- 8.4.7. Oil and Gas
- 8.4.8. Chemicals
- 8.4.9. Others (Transportation, etc.)
- 8.5. By Country (Value)
- 8.5.1. U.K.
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Rest of Europe
- 9. Asia Pacific Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 9.1. By Type (Value)
- 9.1.1. Thermocouple
- 9.1.2. Thermistor
- 9.1.3. Resistance Temperature Detector (RTD)
- 9.1.4. Semiconductor Temperature Sensor
- 9.1.5. Infrared Temperature Sensor
- 9.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 9.2. By Channel Output (Value)
- 9.2.1. Single-channel
- 9.2.2. Multi-channel
- 9.3. By Technology (Value)
- 9.3.1. Small & Medium Enterprise (SMEs)
- 9.3.2. Large Enterprise
- 9.4. By End-user (Value)
- 9.4.1. Healthcare
- 9.4.2. Consumer Electronics
- 9.4.3. Automotive
- 9.4.4. Aerospace and Defense
- 9.4.5. Food and Beverages
- 9.4.6. Energy and Power
- 9.4.7. Oil and Gas
- 9.4.8. Chemicals
- 9.4.9. Others (Transportation, etc.)
- 9.5. By Country (Value)
- 9.5.1. China
- 9.5.2. Japan
- 9.5.3. India
- 9.5.4. Southeast Asia
- 9.5.5. Rest of Asia Pacific
- 10. Middle East & Africa Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 10.1. By Type (Value)
- 10.1.1. Thermocouple
- 10.1.2. Thermistor
- 10.1.3. Resistance Temperature Detector (RTD)
- 10.1.4. Semiconductor Temperature Sensor
- 10.1.5. Infrared Temperature Sensor
- 10.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 10.2. By Channel Output (Value)
- 10.2.1. Single-channel
- 10.2.2. Multi-channel
- 10.3. By Technology (Value)
- 10.3.1. Small & Medium Enterprise (SMEs)
- 10.3.2. Large Enterprise
- 10.4. By End-user (Value)
- 10.4.1. Healthcare
- 10.4.2. Consumer Electronics
- 10.4.3. Automotive
- 10.4.4. Aerospace and Defense
- 10.4.5. Food and Beverages
- 10.4.6. Energy and Power
- 10.4.7. Oil and Gas
- 10.4.8. Chemicals
- 10.4.9. Others (Transportation, etc.)
- 10.5. By Country (Value)
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of the Middle East and Africa
- 11. Latin America Wireless Temperature Sensor Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2016-2027
- 11.1. By Type (Value)
- 11.1.1. Thermocouple
- 11.1.2. Thermistor
- 11.1.3. Resistance Temperature Detector (RTD)
- 11.1.4. Semiconductor Temperature Sensor
- 11.1.5. Infrared Temperature Sensor
- 11.1.6. Others (Bimetallic, Optical Fiber Temperature Sensor, etc.)
- 11.2. By Channel Output (Value)
- 11.2.1. Single-channel
- 11.2.2. Multi-channel
- 11.3. By Technology (Value)
- 11.3.1. Small & Medium Enterprise (SMEs)
- 11.3.2. Large Enterprise
- 11.4. By End-user (Value)
- 11.4.1. Healthcare
- 11.4.2. Consumer Electronics
- 11.4.3. Automotive
- 11.4.4. Aerospace and Defense
- 11.4.5. Food and Beverages
- 11.4.6. Energy and Power
- 11.4.7. Oil and Gas
- 11.4.8. Chemicals
- 11.4.9. Others (Transportation, etc.)
- 11.5. By Country (Value)
- 11.5.1. Brazil
- 11.5.2. Mexico
- 11.5.3. Rest of Latin America
- 12. Profiles of Key Players (Would be provided for 10 players only)
- 12.1. Overview
- 12.1.1. Key Management
- 12.1.2. Headquarters etc.
- 12.2. Offerings/Business Segments
- 12.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 12.3.1. Employee Size
- 12.3.2. Past and Current Revenue
- 12.3.3. Geographical Share
- 12.3.4. Business Segment Share
- 12.4. Recent Developments
- 12.4.1. Temptime Corporation
- 12.4.2. OMEGA Engineering Inc.
- 12.4.3. Texas Instruments Incorporated
- 12.4.4. PASCO scientific
- 12.4.5. Emerson Electric Co.
- 12.4.6. Honeywell International Inc.
- 12.4.7. ABB Ltd.
- 12.4.8. Axzon Inc.
- 12.4.9. E+E Elektronik Ges.m.b.H.
- 12.4.10. Phoenix Sensors LLC
- 12.4.11. Microchip Technology Inc.
- 12.4.12. Schneider Electric SA
- 12.4.13. Endress+Hauser SA
- 12.4.14. Siemens AG
- 12.4.15. Yokogawa Electric Corporation
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