TechNavio's analysts forecast the Global Temperature Sensor market to grow at a CAGR of 6.2 percent over the period 2011-2015. One of the key factors contributing to this market growth is the increasing demand for temperature sensors in the Automotive segment. The Global Temperature Sensor market has also been witnessing technological advancement. However, the lack of product differentiation could pose a challenge to the growth of this market.
TechNavio's report, the Global Temperature Sensor Market 2011-2015, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Temperature Sensor market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Analog Devices Inc., Microchip Technology Inc., STMicroelectronics N.V., and Texas Instruments Inc.
Key questions answered in this report:
What will the market size be in 2015 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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TechNavio's research portfolio in the Hardware series includes reports on the Smartphone Market, GPS Market, RFID Market, NFC Market, MEMS Market, PCB Market, OLED Market, DRAM Market, Barcode Scanner Market, Smart Card Market, POS Market, Microcontrollers Market, NAND Flash Market. SHOW LESS READ MORE >
01. Executive Summary
03. Market Coverage
04. Market Landscape
04.1 Market Size by Revenue
04.2 Market Size by Unit Shipment
04.3 End-user Segmentation
04.4 Five Forces Analysis
05. Geographical Segmentation
06. Key Leading Countries
07. Vendor Landscape
08. Buying Criteria
09. Market Growth Drivers
10. Drivers and their Impact
11. Market Challenges
12. Impact of Drivers and Challenges
13. Market Trends
14. Key Vendor Analysis
14.1 Analog Devices Inc.
14.2 Texas Instruments Inc.
14.3 STMicroelectronics NV
14.4 Microchip Technology Inc.
15. Other Reports in this Series
List of Exhibits:
Exhibit 1: Global Temperature Sensor Market by Revenue 2011-2015 (US$ billion)
Exhibit 2: Global Temperature Sensor Market by Unit Shipment 2011-2015 (units in billion)
Exhibit 3: Global Temperature Sensor Market by End-user Segmentation 2011
Exhibit 4: Global Temperature Sensor Market by Geographical Segmentation 2011
TechNavio Announces the Publication of its Research Report - Global Temperature Sensor Market 2011-2015
TechNavio today launched its report, Global Temperature Sensor Market 2011-2015, based on an in-depth analysis covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers' understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio's Hardware team said: ''The increasing demand for sophisticated functionalities in various electronic devices has led to technological advancements in temperature sensors. These advancements provide a high-quality output for customers. The rate of change of technological advancements in the Global Temperature Sensor market is very fast. This trend has led to the development of advanced temperature sensor products that have a high level of sensitivity. With the advanced temperature sensors, electronic products are designed in such a way that end-users find them easy to operate.''
According to the report, worldwide, the increasing demand for temperature sensors in the Automotive segment is the major growth driver for the Global Temperature Sensor market. One of the major applications of temperature sensors is maintaining the temperature of an engine. These sensors measure the temperature of the engine coolant and transfer the information to the engine control unit. This will help adjust the fuel injection and ignition time. Thus, this has led to increased usage of temperature sensors in the Automotive segment. Furthermore, the demand for automobiles is increasing in most of the emerging countries in the APAC region, leading to the growth of the Global Temperature Sensor market.
Further, the report reveals that the major challenge for the market is the lack of product differentiation. Temperature sensors are widely used across various end-user segments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.