April 24, 2024

Temperature Sensors Market Size to Garner USD 18.15 Billion by 2032

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.

Temperature Sensors Market Size 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

Read More: Teleradiology Software Market Size to Garner USD 10.80 Billion by 2032

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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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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