Temperature Sensor Market - Forecasts from 2017 to 2022

  • ID: 4331726
  • Report
  • 90 pages
  • Knowledge Sourcing Intelligence LLP
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FEATURED COMPANIES

  • ABB
  • Analog Devices, Inc.
  • Delphi
  • Emerson Electric Company
  • General Electric
  • Honeywell International
  • MORE
Temperature Sensors Market is projected to grow at a CAGR of 5.01% to US$7.354 billion by 2022, increasing from US$5.760 billion in 2017. High demand for these sensors from food and beverage industry for quality assurance and initiatives being taken by various governments towards environmental protection are some of the factors driving the market growth.

Advancement in nano and micro technology have helped in developing high performance, reliable, accurate and cost-effective temperature sensor solutions for various industrial applications. Growing demand of contactless temperature sensors for hazardous locations is also expected to boost the demand of these sensors over the forecast period. Moreover, stringent regulations with respect to the application of temperature sensors for ensuring over-heating issues will propel the market growth over the next five years.

By End-User Industry

By end-user industry, global temperature sensors market is segmented as automotive, oil and gas, food and beverage, HVAC, consumer electronics, chemical, and others. Oil and Gas sector accounted for significant market share in 2016 due to a high demand of temperature sensors for monitoring upstream, midstream, and downstream processes. Increasing deployment of HVAC systems in residential, commercial, and industrial sectors will further boost the demand of temperature sensors. Consumer electronics segment will witness the fastest market growth owing to increasing demand of smartphones and other mobile devices across developing countries.

By Geography

Geographically, North America accounted for the largest market share of the global temperature sensor market in terms of value in 2016. Mature market in this region coupled with the presence of large number of global market players have led to the deployment of temperature sensors across various end-use industries. Asia Pacific region will witness fastest regional market growth during the forecast period owing to rapid industrialisation and urbanization in emerging economies, leading to rising adoption of temperature sensors across food and beverage, oil and gas, consumer electronics, and automotive industries.

Competitive Insights

Prominent key market players in Temperature Sensors market include Honeywell International, ABB, Texas Instruments, Analog Devices, NXP Semiconductors, Siemens and others. The market is highly competitive owing to the presence of large number of market players. These players are adopting various strategies such as new product launches, M&A, partnerships, and business expansion to gain a competitive advantage in the global temperature sensors market. Recently in March 2017, Analog Devices acquired Linear Technology Corporation to expand the company’s high-performance analog services and integrated engineering, manufacturing, sales and support operations to accelerate innovation and accelerate revenue growth opportunities.

Segmentation

In this report, Temperature Sensors market is segmented by type, connectivity, end-user industry, and geography as below:

By Type
Contact
Integrated Circuit
Thermistor
RTD
Thermocouple
Non-Contact
Infrared
Thermophile

By Connectivity
Wired
Wireless

By End-User Industry
Automotive
Oil and Gas
Food and Beverage
HVAC
Consumer Electronics
Chemical
Others

By Geography
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Italy
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
Japan
China
India
Australia
Others
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Analog Devices, Inc.
  • Delphi
  • Emerson Electric Company
  • General Electric
  • Honeywell International
  • MORE
1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics
4.1. Market Overview and Segmentation
4.2. Drivers
4.3. Restraints
4.4. Opportunities
4.5. Supplier Outlook
4.6. Industry Outlook
4.7. Porter’s Five Forces Analysis
4.8. Industry Value Chain Analysis
4.9. Scenario Analysis

5. Temperature Sensors Market Forecast by Type (US$ Billion)
5.1. Contact
5.1.1. Integrated Circuit
5.1.1.1. Market Size and Forecast to 2022
5.1.2. Thermistor
5.1.2.1. Market Size and Forecast to 2022
5.1.3. Resistive Temperature Detector (RTD)
5.1.3.1. Market Size and Forecast to 2022
5.1.4. Thermocouple
5.1.4.1. Market Size and Forecast to 2022
5.2. Non-Contact
5.2.1. Infrared
5.2.1.1. Market Size and Forecast to 2022
5.2.2. Thermophile
5.2.2.1. Market Size and Forecast to 2022

6. Temperature Sensors Market Forecast by Connectivity (US$ Billion)
6.1. Wired
6.1.1. Market Size and Forecast to 2022
6.2. Wireless
6.2.1. Market Size and Forecast to 2022

7. Temperature Sensors Market Forecast by End-User Industry (US$ Billion)
7.1. Automotive
7.1.1. Market Size and Forecast to 2022
7.2. Oil and Gas
7.2.1. Market Size and Forecast to 2022
7.3. Food and Beverage
7.3.1. Market Size and Forecast to 2022
7.4. HVAC
7.4.1. Market Size and Forecast to 2022
7.5. Consumer Electronics
7.5.1. Market Size and Forecast to 2022
7.6. Chemical
7.6.1. Market Size and Forecast to 2022
7.7. Others
7.7.1. Market Size and Forecast to 2022

8. Temperature Sensors Market Forecast by Geography (US$ Billion)
8.1. Americas
8.1.1. North America
8.1.1.1. U.S.
8.1.1.1.1. Market Size and Forecast to 2022
8.1.1.2. Canada
8.1.1.2.1. Market Size and Forecast to 2022
8.1.1.3. Mexico
8.1.1.3.1. Market Size and Forecast to 2022
8.1.1.4. Others
8.1.1.4.1. Market Size and Forecast to 2022
8.1.2. South America
8.1.2.1. Brazil
8.1.2.1.1. Market Size and Forecast to 2022
8.1.2.2. Argentina
8.1.2.2.1. Market Size and Forecast to 2022
8.1.2.3. Others
8.1.2.3.1. Market Size and Forecast to 2022
8.2. Europe Middle East and Africa
8.2.1. Europe
8.2.1.1. UK
8.2.1.1.1. Market Size and Forecast to 2022
8.2.1.2. Germany
8.2.1.2.1. Market Size and Forecast to 2022
8.2.1.3. France
8.2.1.3.1. Market Size and Forecast to 2022
8.2.1.4. Italy
8.2.1.4.1. Market Size and Forecast to 2022
8.2.1.5. Spain
8.2.1.5.1. Market Size and Forecast to 2022
8.2.1.6. Others
8.2.1.6.1. Market Size and Forecast to 2022
8.2.2. Middle East and Africa
8.2.2.1. Saudi Arabia
8.2.2.1.1. Market Size and Forecast to 2022
8.2.2.2. UAE
8.2.2.2.1. Market Size and Forecast to 2022
8.2.2.3. Israel
8.2.2.3.1. Market Size and Forecast to 2022
8.2.2.4. Others
8.2.2.4.1. Market Size and Forecast to 2022
8.3. Asia Pacific
8.3.1. Japan
8.3.1.1. Market Size and Forecast to 2022
8.3.2. China
8.3.2.1. Market Size and Forecast to 2022
8.3.3. India
8.3.3.1. Market Size and Forecast to 2022
8.3.4. Australia
8.3.4.1. Market Size and Forecast to 2022
8.3.5. Others
8.3.5.1. Market Size and Forecast to 2022

9. Competitive Intelligence
9.1. Investment Analysis
9.2. Recent Deals
9.3. Strategies of Key Players
9.4. Market Share Analysis

10. Company Profiles
10.1. Honeywell International
10.1.1. Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Analog Devices, Inc.
10.2.1. Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Texas Instruments
10.3.1. Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Microchip Technology, Inc.
10.4.1. Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. STMicroelectronics
10.5.1. Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Delphi
10.6.1. Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. NXP Semiconductors
10.7.1. Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. Panasonic Corporation
10.8.1. Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. ABB
10.9.1. Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Siemens AG
10.10.1. Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Recent Developments
10.11. General Electric
10.11.1. Overview
10.11.2. Financials
10.11.3. Products and Services
10.11.4. Recent Developments
10.12. Emerson Electric Company
10.12.1. Overview
10.12.2. Financials
10.12.3. Products and Services
10.12.4. Recent Developments
Note: Product cover images may vary from those shown
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  • Honeywell International
  • Analog Devices, Inc.
  • Texas Instruments
  • Microchip Technology, Inc.
  • STMicroelectronics
  • Delphi
  • NXP Semiconductors
  • Panasonic Corporation
  • ABB
  • Siemens AG
  • General Electric
  • Emerson Electric Company
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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