Global Temperature Monitoring Market Growth (Status and Outlook) 2023-2029

Global Temperature Monitoring Market Growth (Status and Outlook) 2023-2029

In this report, temperature monitoring products refer to temperature probes/sensors. A temperature sensor collects temperature data and displays in a human-understandable format. These sensors are of two types, contact temperature sensors and non-contact temperature sensors. Industries, automotive, Consumer Electronics and the medical sector are some of the key industries using these temperature sensors. Note: In this report, production value is based on the companies, while revenue presents the end user market.
LPI (LP Information)' newest research report, the “Temperature Monitoring Industry Forecast” looks at past sales and reviews total world Temperature Monitoring sales in 2022, providing a comprehensive analysis by region and market sector of projected Temperature Monitoring sales for 2023 through 2029. With Temperature Monitoring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Temperature Monitoring industry.
This Insight Report provides a comprehensive analysis of the global Temperature Monitoring 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 Temperature Monitoring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Temperature Monitoring market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Temperature Monitoring 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 Temperature Monitoring.
The global Temperature Monitoring market size is projected to grow from US$ 9012.6 million in 2022 to US$ 12400 million in 2029; it is expected to grow at a CAGR of 4.7% from 2023 to 2029.
Global Temperature Monitoring key players include Emerson, Sensata, Amphenol, TE Connectivity, Texas instruments, etc. Global top five manufacturers hold a share about 15%. North America is the largest market, with a share about 30%, followed by Europe and China, both with a share about 20 percent. In terms of product, Contact Temperature Sensors is the largest segment, with a share about 85%. And in terms of application, the largest application is Automotive Industry, followed by Electronics, Industries, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Temperature Monitoring market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Non-Contact Temperature Sensors
Contact Temperature Sensors
Segmentation by application
Industries
Medical
Food and Beverage
Electronics
Oil and gas
Automotive Industry
Other
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.
Emerson
Sensata
Amphenol
TE Connectivity
Texas instruments
Molex
Honeywell
Siemens
ABB
Panasonic
STMicroelectronics N.V.
Fluke
Delphi
OMRON
Analog Devices
Microchip Technology
ON Semiconductor
3M
MEDTRONIC
Medline Industries

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