Temperature Sensors Market

SKU: DMICT519 | Last Updated On: Dec 20 2022 | Available Formats

> Global Temperature Sensors Market Expected to reach at a high CAGR 5.22% by 2029: DataM Intelligence

Global Temperature Sensors market is segmented By Feature(Contact Temperature Sensing, Non-Contact Temperature Sensing), By Technology Type(Thermistor, Thermocouple, IR sensor, Resistive temperature detectors, and others), By Application(Automotive, Medical, Defense & Aerospace, Metals & Mining, Chemicals & Petrochemicals, and others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

Temperature Sensors Market Overview

The Global Temperature Sensors Market is expected to grow at a high CAGR of 5.22% during the forecasting period (2022-2029).

A temperature sensor measures temperature & translates it into an electrical signal. Temperature sensors are used in consumer applications as well as almost all Industrial sectors. The global Temperature sensors market is highly competitive with a large number of local manufacturers.

Temperature Sensors Market Scope and Summary

Metrics

Details

Market CAGR

5.22%

Segments Covered

By Feature, By Technology Type, By Application, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Temperature Sensors​​​​​​​ Market Dynamics

  • Contact temperature sensors have been around for decades, and now many companies are investing in research to develop new non-contact sensing technologies. Growth in the automotive market in Asia will drive demand for thermistors.
  • Non-contact sensors are expected to show higher growth as they are used extensively in the plastic, metal & food Industries.
    Process Industries are the biggest users of IR sensors a type of non-contact sensor where they are used to spot defects & measure surface temperature.
  • IR sensors are used in Food & Beverage Industry to avoid spoilage. IoT (Internet of Things) is also going to drive the temperature sensors market.
  • Traditional temperature sensors have become widespread now. The industry needs to develop new technologies and products so that they will be adopted in new applications. In the absence of new technologies, the Industry will not be able to achieve a very high growth rate.

Temperature Sensors​​​​​​​ Market Segmentation Analysis

  • The global Temperature Sensor market can be segmented by feature, product type, or by application
    Based on Features, the Market can be segmented into Contact temperature sensors and non-contact temperature sensors. Contact sensors use conduction to sense the temperature. Non-contact sensors use convection & radiation to detect temperature.
  • Based on technology Type, the market can be divided into Thermostat, Thermistor, Resistive temperature detectors, Thermocouple, IR sensors, and others.
  • Thermistors are mostly negative temperature coefficient types; they are very accurate. Resistive temperature detectors, they could be made from Nickel, copper, or platinum.
  • Platinum temperature detectors are the most accurate. They are linear, so resistance changes linearly with temperature. Semiconductors sensors are widely used in consumer electronics. IR sensors are increasingly adopted for use in high-temperature applications. Other products include mercury or organic fluid-based thermometer and thermostats. Thermostats are very cheap and found in domestic heating control systems.
  • Based on application, the temperature sensor market is segmented into various industries Automotive, Medical, Defence & Aerospace, Metals, Chemicals & Petrochemicals, and others. They are used either for temperature control or temperature compensation.

Global Temperature Sensors​​​​​​​ Market Geography Analysis

Based on geography, the market can be segmented into North America, South America, Europe, Asia-Pacific & the rest of the world.
North America has the most significant share of the temperature sensor market since considerable companies are US-based. Asia-pacific is expected to show the highest growth rate. Due to the very high growth rate in the Automotive sector as well as increased Industrial output.

Temperature Sensors​​​​​​​ Market Companies and Competitive Analysis

The temperature sensor market consists of many domestic and international manufacturers. Some of the players in the Temperature Sensors Market include Omega Engineering, Bosch, Texas Instruments, ABB Ltd, Analog Devices Inc., STMicroelectronics, NXP Semiconductors, Siemens Process Instrumentation, etc.

Scope of the report

The report covers the key factors impacting the market, Porter 5 Forces, Product Benchmarking, and company profiles. The temperature Sensor Market is segmented by Feature (Con-tact Temperature Sensing, Non-Contact Temperature Sensing), By Product Type (Thermistor, Resistive temperature detectors, Thermocouple, IR sensor, Others), By Application (Automotive, Medical, Defense & Aerospace, Metals & mining, Chemicals & Petrochemicals, Others). Based on geography the market is segmented into – North America, South America, Europe, Asia Pacific, and the Rest of the world.

 

Frequently Asked Questions

What is the Growth Rate of the Temperature Sensors Market?

Grow at a high CAGR of 5.22% during the forecasting period (2022-2029).

Which Companies Are Included in the Temperature Sensors Market?

Omega Engineering, Bosch, Texas Instruments, ABB Ltd, Analog Devices Inc., STMicroelectronics, NXP Semiconductors, Siemens Process Instrumentation, etc.

 

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