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The global temperature sensors market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Temperature sensors are electronic devices that assist in measuring the temperature and converting the input data into electronic data to record, monitor, or signal temperature changes. They are durable and have a low initial cost, high-speed response, and remarkable accuracy. They are widely available in different sizes, shapes, and variants. At present, the need for faster processors, smaller system sizes, and supporting advanced applications in personal computing are making monitoring and controlling heat imperative. This, coupled with the increasing sales of desktop and portable computers, is positively influencing the demand for temperature controllers across the globe.
Leading manufacturers operating in the food and beverage (F&B) sector are relying on temperature sensors to maintain higher quality and consistency. This represents one of the significant factors facilitating the growth of the market. Moreover, there is a rise in the need for advanced and portable healthcare equipment on account of the introduction of advanced patient monitoring systems and the rising geriatric population, deteriorating lifestyles, and growing viral infections, such as COVID-19. This, in confluence with the growing focus on security and surveillance worldwide and initiatives undertaken by numerous countries toward safety norms, is driving the overall sales. Apart from this, the increasing adoption of heating, ventilation, and air conditioning (HVAC) modules in the automotive sector is also strengthening the market growth. Furthermore, there is a rise in the utilization of wireless temperature sensors in different industries to reach locations wherein the physical deployment of a device is not possible. For instance, they are employed in the oil and gas industry, wherein temperature measurements are critical as the installation of a wired device inside a tank or a pipe can be inefficient if the operating temperature is high.
IMARC Group provides an analysis of the key trends in each sub-segment of the global temperature sensors market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on connectivity, technology and end use industry.
Breakup by Connectivity:
Breakup by Technology:
Breakup by End Use Industry:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Amphenol Corporation, Analog Devices Inc., Continental AG, Emerson Electric Co., Honeywell International Inc., Microchip Technology Inc., NXP Semiconductors N.V., OMRON Corporation, Panasonic Corporation, Robert Bosch GmbH, Siemens AG, STMicroelectronics, TE Connectivity and Texas Instruments Incorporated.
|Base Year of the Analysis||2020|
|Segment Coverage||Connectivity, Technology, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||ABB Ltd., Amphenol Corporation, Analog Devices Inc., Continental AG, Emerson Electric Co., Honeywell International Inc., Microchip Technology Inc., NXP Semiconductors N.V., OMRON Corporation, Panasonic Corporation, Robert Bosch GmbH, Siemens AG, STMicroelectronics, TE Connectivity and Texas Instruments Incorporated.|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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