Global Temperature Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Temperature Sensor Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

The digital temperature sensors feature low power consumption as low as 20 µA with up to 12-bit resolution able to digitize temperatures to a resolution up to 0.0625 °C to ensure high accuracy flat across the whole operating range as wide as –55 to +125 °C.

Market Overview:

The latest research study on the global Temperature Sensor market finds that the global Temperature Sensor market reached a value of USD 6161.73 million in 2022. It’s expected that the market will achieve USD 8858.14 million by 2028, exhibiting a CAGR of 6.24% during the forecast period.

Limitations

Chemical contamination can occur in PRT if a liquid reaches the lead or sensor wires. This can change the purity of the platinum, which alters its electrical characteristics. Any changes in the purity will be permanent. Metal Ion contamination of platinum wire usually occurs at 600 ºC and higher. Because PRT sensors are manufactured using high purity platinum wire, they are the most susceptible to this type of contamination. Metal ion contamination is not reversible and will cause a PRT to constantly drift upwards in temperature. This is particularly noticeable in a triple-point-ofwater cell, where the reference temperature is extremely stable. When a PRT is manufactured for extremely high temperatures, it’s constructed in such a way that the sensor is protected from ion contamination.

The temperature sensor sheath is typically sealed to prevent contamination. Consumer Electronics and auxiliary temperature sensors are not evacuated until they are sealed. Therefore, there is usually some dry air inside them. When they are exposed to various temperatures, oxidation forms on the surface of the wire. Oxidation primarily affects the temperature sensor, and its sensing element contains platinum wire. Oxidation causes an increase in RTPW (resistance at the triple point of water) in the metal RTD. Fortunately, the oxidation can be removed by annealing the RTD using the temperature and steps suggested by the manufacturer. These are still areas where the temperature sensor needs to be improved.

Temperature Sensors are primarily used on PCs or desktops, and because computers/desktops and laptops are prone to
overheating, measuring and controlling temperature is critical. However, with the advent and rapid development of mobile phones and tablets, computer sales have declined, and the demand for the Temperature Sensor has declined.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

The top three companies are Texas Instruments, STMicroelectronics and TE Connectivity Ltd with the revenue market share of 5.21%, 5.09%, 4.84% in 2018.

Texas Instruments is an American technology company that designs and manufactures semiconductors and various integrated circuits and sells them to electronics designers and manufacturers worldwide. Its headquarters are located in Dallas, Texas, USA. TI is one of the top ten semiconductor companies in the world by sales volume

STMicroelectronics is a world leader in providing the semiconductor solutions that make a positive contribution to people’s lives, today and into the future. STMicroelectronics is one of the world's largest semiconductor companies, a leading integrated device manufacturer providing solutions for smart driving, smart industries, smart homes and cities, and smart things. Leading technology innovators: about 7,400 R&D in 2018 and Product designer, approximately 18,000 patents, approximately 9,600 patent families and approximately 550 new patents.

Segmentation Overview:

Among different product types, Non-digital temperature sensor segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Temperature Sensor market covered in Chapter 3:

Honeywell
Panasonic
Vishay Intertechnology
Texas Instruments
Schneider Electric
Robert Bosch GmbH
Melexis
Shibaura Electronics Co., Ltd
Analog Device
STMicroelectronics
NXP Semiconductors N.V
TDK Corporation
Murata Manufacturing Co., Ltd
TE Connectivity Ltd
Microchip

In Chapter 4 and Chapter 14.2, on the basis of types, the Temperature Sensor market from 2018 to 2029 is primarily split into:

Digital temperature sensor
Non-digital temperature sensor

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Temperature Sensor market from 2018 to 2029 covers:

Vehicle Electronics
Industrial Control
Consumer Electronics
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)