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Temperature Sensors Market - Forecast (2020 - 2025)

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  • 118 Pages
  • March 2020
  • Region: Global
  • IndustryARC
  • ID: 3063561
Temperature Sensors Market Overview:

Temperature Sensor is nothing but a device typically a RTD or thermocouple provides for temperature measurement through an electrical signal. Temperature sensor plays a vital role in various applications such as food processing, HVAC environmental control, medical devices, chemical handling and automotive under the hood monitoring. The global Temperature Sensors market in 2017 is valued at $56.02 billion and is anticipated to $108.2 billion by 2023 growing at an estimated value of CAGR of more than 11.65% during the forecast period 2018 to 2023. Asia Pacific will dominate the Temperature Sensors Market in the upcoming years with a share of approximately 46.6%. It will generate revenue of $43.92 billion by 2023 at a CAGR of 12.40%.

Temperature Sensors Market Outlook:

Temperature Sensors Market is segmented by type, product type, alloys used, application and end user. On the basis of type, the Temperature Sensors Market is categorized in to contact sensors and Non-contact sensors. On the basis of product type, the Temperature Sensors market is categorized in to Thermistor, RTD, Thermocouple, ICs, Thermopiles, IR Sensors, Thermostat, Thermometer and others.  On the basis of alloys used, the Temperature Sensors market is segmented in to Type K, Type M, Type E, Type J, Type C, Type N, Type T and others. On the basis of end user, the Temperature Sensors market is segmented in to Oil and Gas Industry, Petrochemicals, Metal Manufacturing, Automation and Instrumentation, Power Industry. The global Temperature Sensors market is set to experience a substantial growth owing to the strong demand from consumer electronics segment across the worldwide.The currently priced of non-contact sensor at $12.23 per unit and are holding the maximum share in the current market.

Temperature Sensors Market Growth drivers:

The major growth drivers that impact the Temperature Sensors market are new technological advancements in Petrochemical Industry. Growing huge demand of medical sensors due to rise in the number of diseases boosts the growth of the thermistor type of temperature sensor. The another foremost driver for temperature sensors in consumer electronics is the substantial growth of tablets and mobile phones due to Research and Development immense innovations.

Temperature Sensors Market Challenges:

The major challenge faced by the service providers of Temperature Sensors market is designing issues related to Thermo wells which hamper the growth of market.

Temperature Sensor Market

Temperature Sensors Market Research Scope:

The base year of the study is 2017, with forecast done up to 2023. The study presents a thorough analysis of the competitive landscape, taking into account the market shares of the leading companies. It also provides information on unit shipments. These provide the key market participants with the necessary business intelligence and help them understand the future of the Temperature Sensors Market. The assessment includes the forecast, an overview of the competitive structure, the market shares of the competitors, as well as the market trends, market demands, market drivers, market challenges, and product analysis. The market drivers and restraints have been assessed to fathom their impact over the forecast period. This report further identifies the key opportunities for growth while also detailing the key challenges and possible threats. The key areas of focus include the types of plastics in the electric vehicle market, and their specific applications in different types of vehicles.

Temperature Sensors Market Report: Industry Coverage

Temperature Sensors Market– By Type: Contact Temperature Sensors and Non-contact Temperature Sensors.

Temperature Sensors Market - By Product Type: Thermistor, RTD, Thermocouple, ICs, Thermopiles, IR Sensors, Thermostat, Thermometer and others.

Temperature Sensors Market- By Alloys Used:  Type K, Type M, Type E, Type J, Type C, Type N, Type T and others

Temperature Sensors Market- By Metals used:  Platinum, Nickel, Copper, Tungsten, Silicon.

Temperature Sensors Market – By Industrial Vertical: Petrochemicals, Metal Manufacturing, Automation and Instrumentation, Power Industry, Electronics, Automotive and others.


The Temperature Sensors Market report also analyzes the major geographic regions for the market as well as the major countries for the market in these regions. The regions and countries covered in the study include:

  • North America: The U.S., Canada, Mexico
  • South America: Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica
  • Europe: The U.K., Germany, Italy, France, The Netherlands, Belgium, Spain, Denmark
  • APAC: China, Japan, Australia, South Korea, India, Taiwan, Malaysia, Hong Kong
  • Middle East and Africa: Israel, South Africa, Saudi Arabia

Temperature Sensors Market Key Players Perspective:

Some of the Key players in this market that have been studied for this report include Watlow Electrical Manufacturing Company, Honeywell International Inc., Yokogawa, Instrumentation Dynatherm Inc., Maxim Integrated Products Inc, Microchip Technology Ltd, Fluke Process Instruments and few others.

Market Research and Market Trends of Temperature Sensors Market:

  • In February 2017, Fluke Process Instruments announced the expansion of the Endurance® Series line of high-temperature ratio infrared pyrometers to include three new single-color models and two-color model with extended temperature ranges and enhanced optical resolution characteristics. These pyrometers meet the demands of harsh industrial environments, including primary and secondary metals manufacturing, carbon processing, silicon production, and foundries and welding, as well as rubber and thick plastics.
  • Omron Electronics launched D6T Series MEMS Thermal Sensors recently super-sensitive infrared temperature sensors. They make full use of Omron's proprietary MEMS sensing technology. D6T thermal sensor is built with sensing technology to detect the presence of humans by detecting body heat, and therefore D6T thermal sensors can be used in appliances like automatically switch off lighting, air conditioning, etc. D6T sensors rely on motion detection, when people are not around like pyroelectric sensors.
  • In November 2017, Yokogawa won control systems order for First Flue Gas Desulfurization system in the West Balkans. This system was expected to be installed at the Ugljevik coal-fired power plant in northeastern Bosnia and Herzegovina and is the first of its type to be installed in the West Balkans, and is scheduled to start operation in October 2019.

Table of Contents

1. Temperature Sensors Market - Overview
1.1. Definitions and Scope
2. Temperature Sensors Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
2.2. Key Trends by type of Application
2.3. Key Trends segmented by Geography
3. Temperature Sensors Market
3.1. Comparative analysis
3.1.1. Product Benchmarking - Top 10 companies
3.1.2. Top 5 Financials Analysis
3.1.3. Market Value split by Top 10 companies
3.1.4. Patent Analysis - Top 10 companies
3.1.5. Pricing Analysis
4. Temperature Sensors Market Forces
4.1. Drivers
4.2. Constraints
4.3. Challenges
4.4. Porters five force model
4.4.1. Bargaining power of suppliers
4.4.2. Bargaining powers of customers
4.4.3. Threat of new entrants
4.4.4. Rivalry among existing players
4.4.5. Threat of substitutes
5. Temperature Sensors Market -Strategic analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
6. Temperature Sensors Market– By Type (Market Size -$Million / $Billion)
6.1. Segment type Size and Market Share Analysis
6.2. Application Revenue and Trends
6.3. Segment Analysis by Type
6.3.1. Contact Sensors
6.3.2. Non-contact Sensors
7. Temperature Sensors Market– By Product type (Market Size -$Million / $Billion)
7.1. Temperature Sensor Integrated Circuits(ICs)
7.2. Resistive Temperature Detector ((RTD)
7.2.1. Secondary standard Platinum Resistance Thermometer (SPRT)
7.2.2. Industrial Platinum Resistance Thermometer(PRT)
7.3. Thermistor
7.4. Thermometer
7.5. Thermocouple
7.6. Thermostat
7.7. Infrared Sensors
7.8. Others
8. Temperature Sensors Market– By Alloys Used (Market Size -$Million / $Billion)
8.1. Type K
8.2. Type M
8.3. Type E
8.4. Type J
8.5. Type C
8.6. Type N
8.7. Type T
8.8. Others
9. Temperature Sensors Market– By Metal used (Market Size -$Million / $Billion)
9.1. Platinum
9.2. Nickel
9.3. Copper
9.4. Tungsten
9.5. Silicon
9.6. Others
10. Temperature Sensors Market– By Applications (Market Size -$Million / $Billion)
10.1. Automotive
10.1.1. Coolant temperature sensing
10.1.2. Intake air temperature sensing
10.1.3. Transmission oil temperature sensing
10.1.4. Cylinder head temperature sensing
10.2. Petrochemical
10.3. Metal manufacturing
10.4. Aerospace and defense
10.4.1. Forging
10.4.2. Heat treating
10.5. Automation and Instrumentation
10.6. Consumer Electronics
10.7. Power Industry
10.7.1. Turbines
10.7.2. Bearings
10.7.3. Boiler Systems
10.7.4. Heat exchangers
10.7.5. Engine monitoring
10.8. Food and Beverage
10.8.1. Meat processing and smoke house ovens
10.8.2. Refrigeration
10.8.3. Storage Tanks
10.8.4. Pasteurization
10.8.5. Piping Systems
10.9. Life Sciences
10.10. Research and Exploration
11. Temperature Sensors Market– By End User (Market Size -$Million / $Billion)
11.1. Segment type Size and Market Share Analysis
11.2. Application Revenue and Trends
11.3. Application Segment Analysis by Type
11.3.1. Oil and gas Industry
11.3.2. Chemicals
11.3.3. Automotive
11.3.4. Consumer Electronics
11.3.5. Healthcare
11.3.6. Others
12. Temperature Sensors Market- By Geography (Market Size -$Million / $Billion)
12.1. Temperature Sensors Market - North America Segment Research
12.2. North America Market Research (Million / $Billion)
12.2.1. Segment type Size and Market Size Analysis
12.2.2. Revenue and Trends
12.2.3. Application Revenue and Trends by type of Application
12.2.4. Company Revenue and Product Analysis
12.2.5. North America Product type and Application Market Size U.S. Canada Mexico Rest of North America
12.3. Temperature Sensors Market- South America Segment Research
12.4. South America Market Research (Market Size -$Million / $Billion)
12.4.1. Segment type Size and Market Size Analysis
12.4.2. Revenue and Trends
12.4.3. Application Revenue and Trends by type of Application
12.4.4. Company Revenue and Product Analysis
12.4.5. South America Product type and Application Market Size Brazil Venezuela Argentina Ecuador Peru Colombia Costa Rica Rest of South America
12.5. Temperature Sensors Market- Europe Segment Research
12.6. Europe Market Research (Market Size -$Million / $Billion)
12.6.1. Segment type Size and Market Size Analysis
12.6.2. Revenue and Trends
12.6.3. Application Revenue and Trends by type of Application
12.6.4. Company Revenue and Product Analysis
12.6.5. Europe Segment Product type and Application Market Size U.K Germany Italy France Netherlands Belgium Spain Denmark Rest of Europe
12.7. Temperature Sensors Market– APAC Segment Research
12.8. APAC Market Research (Market Size -$Million / $Billion)
12.8.1. Segment type Size and Market Size Analysis
12.8.2. Revenue and Trends
12.8.3. Application Revenue and Trends by type of Application
12.8.4. Company Revenue and Product Analysis
12.8.5. APAC Segment – Product type and Application Market Size China Australia Japan South Korea India Taiwan Malaysia Hong Kong Rest of APAC
12.9. Temperature Sensors Market– Middle East Segment and Africa Segment Research
12.10. Middle East & Africa Market Research (Market Size -$Million / $Billion)
12.10.1. Segment type Size and Market Size Analysis
12.10.2. Revenue and Trend Analysis
12.10.3. Application Revenue and Trends by type of Application
12.10.4. Company Revenue and Product Analysis
12.10.5. Middle East Segment Product type and Application Market Size Israel Saudi Arabia UAE
12.10.6. Africa Segment Analysis South Africa Rest of Middle East & Africa
13. Temperature Sensors Market - Entropy
13.1. New product launches
13.2. M&A's, collaborations, JVs and partnerships
14. Temperature Sensors Market Company Analysis
14.1. Market Share, Company Revenue, Products, M&A, Developments
14.2. Watlow Electrical Manufacturing Company
14.3. Honeywell International Inc.
14.4. Yokogawa
14.5. Instrumentation Dynatherm Inc.
14.6. Maxim Integrated Products Inc
14.7. Microchip Technology Ltd
14.8. Fluke Process Instruments
15. Temperature Sensors Market -Appendix
15.1. Abbreviations
15.2. Sources