Global HVAC Temperature Sensor Market Growth 2023-2029

Global HVAC Temperature Sensor Market Growth 2023-2029

A temperature sensor is a device that detects and measures hotness and coolness and converts it into an electrical signal. HVAC temperature sensors provide temperature measurement, control and compensation. HVAC temperature sensors allow technicians to easily monitor and adjust conditions to ensure the safety and comfort of the building's inhabitants. HVAC temperature sensors include: NTC thermistors, PTC thermistors, RTDs, thermocouples etc.
LPI (LP Information)' newest research report, the “HVAC Temperature Sensor Industry Forecast” looks at past sales and reviews total world HVAC Temperature Sensor sales in 2022, providing a comprehensive analysis by region and market sector of projected HVAC Temperature Sensor sales for 2023 through 2029. With HVAC Temperature Sensor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world HVAC Temperature Sensor industry.
This Insight Report provides a comprehensive analysis of the global HVAC Temperature Sensor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on HVAC Temperature Sensor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global HVAC Temperature Sensor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for HVAC Temperature Sensor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global HVAC Temperature Sensor.
The global HVAC Temperature Sensor market size is projected to grow from US$ 717.3 million in 2022 to US$ 1043.2 million in 2029; it is expected to grow at a CAGR of 1043.2 from 2023 to 2029.
The main global HVAC Temperature Sensor players include Siemens, Schneider, Johnson Controls, etc. The top three HVAC Temperature Sensor players account for approximately 48% of the total market. Asia-Pacific is the largest consumer market for HVAC Temperature Sensor, accounting for about 35%, followed by Europe and North America. In terms of type, NTC is the largest segment, with a share over 38%. And in terms of application, the largest application is Commercial Building, followed by Residential Building.
This report presents a comprehensive overview, market shares, and growth opportunities of HVAC Temperature Sensor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
NTC Sensor
PTC Sensor
RTDSensor
Thermocouples (TCs) Sensor
Others
Segmentation by application
Commercial Building
Residential Building
Industrial Building
Government Public Sectors Building
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Siemens
Schneider
Johnson Controls
Honeywell
Danfoss Electronics
TE
KROHNE
Greystone Energy Systems
BAPI
E+E Elektronik Ges.m.b.H
JUMO GmbH & Co. KG
Epcos/TDK
ONEGENE Electronics

Key Questions Addressed in this Report
What is the 10-year outlook for the global HVAC Temperature Sensor market?
What factors are driving HVAC Temperature Sensor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do HVAC Temperature Sensor market opportunities vary by end market size?
How does HVAC Temperature Sensor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.