by The global temperature sensors market size was estimated to be around US$ 9.1 billion in 2022. It is projected to reach US$ 9.1 billion by 2032, indicating a CAGR of 7.20% from 2023 to 2032.
Key Takeaways
- North America contributed more than 35% of revenue share in 2022.
- Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
- By Type, the wired segment has held the largest market share of 64% in 2022.
- By Type, the wireless segment is anticipated to grow at a remarkable CAGR of 10.8% between 2023 and 2032.
- By Technology, the resistance temperature detectors segment generated over 31% of the revenue share in 2022.
- By Technology, the thermistor segment is expected to expand at the fastest CAGR over the projected period.
- By End-user Industry, the chemical and petrochemical segment had the largest market share of 35% in 2022.
- By End-user Industry, the oil and gas segment is expected to expand at the fastest CAGR over the projected period.
The market research report on the Temperature sensors market provides a comprehensive analysis of various key aspects. It includes the definition, classification, and application of Temperature sensors products. The report examines the development trends, competitive landscape, and industrial chain structure within the industry. Furthermore, it presents an overview of the industry, analyzes national policies and planning, and offers insights into the latest market dynamics and opportunities at a global level.
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Temperature Sensors Market Scope
| Report Coverage | Details |
| Growth Rate from 2023 to 2032 | CAGR of 7.20% |
| Market Size in 2023 | USD 9.71 Billion |
| Market Size by 2032 | USD 18.15 Billion |
| Largest Market | North America |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | By Type, By Technology, and By End-user Industry |
| Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
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The report presents the volume and value-based market size for the base year 2022 and forecasts the market’s growth between 2023 and 2032. It estimates market numbers based on product form and application, providing size and forecast for each application segment in both global and regional markets.
Focusing on the global Temperature sensors market, the report highlights its status, future forecasts, growth opportunities, key market players, and key market regions such as the United States, Europe, and China. The study aims to present the development of the Temperature sensors market by considering factors like Year-on-Year (Y-o-Y) growth, in addition to Compound Annual Growth Rate (CAGR). This approach enables a better understanding of market certainty and the identification of lucrative opportunities.
Regarding production, the report investigates the capacity, production, value, ex-factory price, growth rate, and market share of major manufacturers, regions, and product types. On the consumption side, the report focuses on the regional consumption of Temperature sensors products across different countries and applications.
Buyers of the report gain access to verified market figures, including global market size in terms of revenue and volume. The report provides reliable estimations and calculations for global revenue and volume by product type from 2023 to 2032. It also includes accurate figures for production capacity and production by region during the same period.
The research includes product parameters, production processes, cost structures, and data classified by region, technology, and application. Furthermore, it conducts SWOT analysis and investment feasibility studies for new projects.
This in-depth research report offers valuable insights into the Temperature sensors market. It employs an objective and fair approach to analyze industry trends, supporting customer competition analysis, development planning, and investment decision-making. The project received support and assistance from technicians and marketing personnel across various links in the industry chain.
The competitive landscape section of the report provides detailed information on Temperature sensors market competitors. It includes company overviews, financials, revenue generation, market potential, research and development investments, new market initiatives, global presence, production sites, production capacities, strengths and weaknesses, product launches, product range, and application dominance. However, the data points provided only focus on the companies’ activities related to the Temperature sensors market.
Prominent players in the market are expected to face tough competition from new entrants. Key players are targeting acquisitions of startup companies to maintain their dominance. The report
Reasons to Purchase this Report:
- Comprehensive market segmentation analysis incorporating qualitative and quantitative research, considering the impact of economic and policy factors.
- In-depth regional and country-level analysis, examining the demand and supply dynamics that influence market growth.
- Market size in USD million and volume in million units provided for each segment and sub-segment.
- Detailed competitive landscape, including market share of major players, recent projects, and strategies implemented over the past five years.
- Comprehensive company profiles encompassing product offerings, key financial information, recent developments, SWOT analysis, and employed strategies by major market players.
Temperature Sensors Market Players
- Texas Instruments Incorporated
- Honeywell International Inc.
- Panasonic Corporation
- Siemens AG
- STMicroelectronics N.V.
- NXP Semiconductors N.V.
- Analog Devices, Inc.
- Infineon Technologies AG
- Maxim Integrated Products, Inc.
- TE Connectivity Ltd.
- ON Semiconductor Corporation
- Microchip Technology Inc.
- Sensirion AG
- Amphenol Corporation
- Emerson Electric Co.
Market Segmentations
By Type
- Wired
- Wireless
By Technology
- Infrared
- Thermocouple
- Resistance Temperature Detectors
- Thermistor
- Temperature Transmitters
- Integrated Circuit
- Fiber optics
- Others
By End-user Industry
- Chemical and Petrochemical
- Oil and Gas
- Metal and Mining
- Power Generation
- Food and Beverage
- Automotive
- Medical
- Consumer Electronics
- Aerospace and Military
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Temperature Sensors Market
5.1. COVID-19 Landscape: Temperature Sensors Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Temperature Sensors Market, By Type
8.1. Temperature Sensors Market Revenue and Volume, by Type, 2023-2032
8.1.1 Wired
8.1.1.1. Market Revenue and Volume Forecast (2020-2032)
8.1.2. Wireless
8.1.2.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 9. Global Temperature Sensors Market, By Technology
9.1. Temperature Sensors Market Revenue and Volume, by Technology, 2023-2032
9.1.1. Infrared
9.1.1.1. Market Revenue and Volume Forecast (2020-2032)
9.1.2. Thermocouple
9.1.2.1. Market Revenue and Volume Forecast (2020-2032)
9.1.3. Resistance Temperature Detectors
9.1.3.1. Market Revenue and Volume Forecast (2020-2032)
9.1.4. Thermistor
9.1.4.1. Market Revenue and Volume Forecast (2020-2032)
9.1.5. Temperature Transmitters
9.1.5.1. Market Revenue and Volume Forecast (2020-2032)
9.1.6. Integrated Circuit
9.1.6.1. Market Revenue and Volume Forecast (2020-2032)
9.1.7. Fiber optics
9.1.7.1. Market Revenue and Volume Forecast (2020-2032)
9.1.8. Others
9.1.8.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 10. Global Temperature Sensors Market, By End-user Industry
10.1. Temperature Sensors Market Revenue and Volume, by End-user Industry, 2023-2032
10.1.1. Chemical and Petrochemical
10.1.1.1. Market Revenue and Volume Forecast (2020-2032)
10.1.2. Oil and Gas
10.1.2.1. Market Revenue and Volume Forecast (2020-2032)
10.1.3. Metal and Mining
10.1.3.1. Market Revenue and Volume Forecast (2020-2032)
10.1.4. Power Generation
10.1.4.1. Market Revenue and Volume Forecast (2020-2032)
10.1.5. Food and Beverage
10.1.5.1. Market Revenue and Volume Forecast (2020-2032)
10.1.6. Automotive
10.1.6.1. Market Revenue and Volume Forecast (2020-2032)
10.1.7. Medical
10.1.7.1. Market Revenue and Volume Forecast (2020-2032)
10.1.8. Consumer Electronics
10.1.8.1. Market Revenue and Volume Forecast (2020-2032)
10.1.9. Aerospace and Military
10.1.9.1. Market Revenue and Volume Forecast (2020-2032)
10.1.10. Others
10.1.10.1. Market Revenue and Volume Forecast (2020-2032)
10.1.5. Others
10.1.5.1. Market Revenue and Volume Forecast (2020-2032)
Chapter 11. Global Temperature Sensors Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.1.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.1.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.2.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.2.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.3.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.3.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.4.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.4.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)
11.5.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)
11.5.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)
Chapter 12. Company Profiles
12.1. Texas Instruments Incorporated
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Honeywell International Inc.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Panasonic Corporation
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Siemens AG
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. STMicroelectronics N.V.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. NXP Semiconductors N.V.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Analog Devices, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Infineon Technologies AG
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Maxim Integrated Products, Inc.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. TE Connectivity Ltd.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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