Temperature Sensor Market by Product Type (Bimetallic, Thermistor, IC, RTD, Thermocouple, IR, Fiber Optic), End-User Industry (Oil & Gas, Chemicals, Automotive, Consumer Electronics, Healthcare), and Geography - Global Forecast to 2023 - Product Image

Temperature Sensor Market by Product Type (Bimetallic, Thermistor, IC, RTD, Thermocouple, IR, Fiber Optic), End-User Industry (Oil & Gas, Chemicals, Automotive, Consumer Electronics, Healthcare), and Geography - Global Forecast to 2023

  • ID: 4555983
  • Report
  • Region: Global
  • 151 Pages
  • Markets and Markets
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Temperature Sensor Market Expected to Grow from USD 5.62 Billion in 2018 to USD 7.48 Billion by 2023, at a CAGR of 5.9%

FEATURED COMPANIES

  • ABB Limited
  • Analog Devices
  • Endress+Hauser Management
  • Kongsberg Gruppen
  • Microchip Technology
  • Omega Engineering
  • MORE

"Temperature sensor market to grow at a CAGR of 5.9% between 2018 and 2023"

The temperature sensor market is expected to grow from USD 5.62 billion in 2018 to USD 7.48 billion by 2023, at a CAGR of 5.9% between 2018 and 2023. Factors such as growing demand for temperature sensors in the automotive sector and the increasing adoption of home and building automation systems are driving the market growth. The rising trend of wearable devices and growing need for temperature control for food safety management will provide opportunities to players in this market. However, the decline in the PC market will hinder the growth of the temperature sensor market.

"Temperature sensor market for contact-type temperature sensor ICs to grow at highest CAGR during forecast period"

The market for temperature sensor ICs is expected to grow at the highest CAGR between 2018 and 2023. This growth is attributed to the wide usage of temperature sensor ICs in computing applications owing to their small size and capability to sense remote locations. These are also increasingly used in electric and electronic products.

"Temperature sensor market for chemicals to grow at highest CAGR during forecast period"

The chemicals end-user industry is expected to hold the largest share of the temperature sensor market between 2018 and 2023. Monitoring and controlling temperature in any chemical process is of vital importance. There are various critical and sensitive chemical processes wherein a small change in temperature may damage the processing equipment, as well as lead to loss of hundreds of thousands. Hence, temperature sensors play an important role in the chemicals end-user industry.

"Temperature sensor market in APAC to grow at highest CAGR during forecast period"

The temperature sensor market in APAC is expected to grow at the highest CAGR during the forecast period. APAC is likely to continue to hold the largest market size owing to the strong demand for consumer equipment, including portable healthcare electronics and white goods. In addition, increasing industrial automation, especially in automotive and food & beverages sectors, will generate demand for temperature sensors in APAC.

The breakup of the profiles of primary participants has been given below:

  • By Company Type: Tier 1 - 45%, Tier 2 - 30%, and Tier 3 - 25%
  • By Designation: C - Level Executives - 40% and Managers - 60%
  • By Region: North America - 30%, Europe - 35%, APAC - 20%, and RoW - 15%

Major players in the temperature sensor market are ABB (Switzerland), Texas Instruments (US), Analog Devices (US), Honeywell International (US), Amphenol (US), Global Mixed Mode Technology (Taiwan), Integrated Device Technology (US), Kongsberg Gruppen (Norway), Microchip Technology (US), ON Semiconductor (US), Endress+Hauser (Switzerland), Okazaki Manufacturing Company (Japan), Yamari Industries (Japan), STMicroelectronics (Switzerland), TE Connectivity (Switzerland), Gunther GmbH Temperaturmesstechnik (Germany), and Omega Engineering (US).

Research Coverage

The report defines, describes, and forecasts the temperature sensor market by product type, end-user industry, and region. It provides detailed information regarding major factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the temperature sensor market. It also analyzes competitive developments such as product launches, collaborations, agreements, contracts, partnerships, acquisitions, and expansions carried out by the key players to achieve growth in the market.

Reasons to Buy This Report

  • Illustrative segmentation, analysis, and forecast pertaining to the temperature sensor market by product type, end-user industry, and region have been conducted to provide an overall view of the market.
  • Major drivers, restraints, opportunities, and challenges pertaining to the temperature sensor market have been detailed in this report.
  • A detailed competitive landscape of the key players (along with their revenues) in the market has been included in this report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB Limited
  • Analog Devices
  • Endress+Hauser Management
  • Kongsberg Gruppen
  • Microchip Technology
  • Omega Engineering
  • MORE

1 Introduction
    1.1 Study Objectives
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for This Study
    1.4 Currency
    1.5 Package Size
    1.6 Stakeholders

2 Research Methodology
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
    4.1 Attractive Opportunities for Temperature Sensor Market Growth
    4.2 Temperature Sensor Market, By Product Type
    4.3 Temperature Sensor Market, By End-User Industry
    4.4 Temperature Sensor Market in APAC, By Contact-Type Temperature Sensor and End-User Industry
    4.5 Temperature Sensor Market for Chemicals, By Product Type

5 Market Overview
    5.1 Overview
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increasing Penetration of Temperature Sensors in Advanced and Portable Healthcare Equipment
                    5.2.1.2 Growing Demand for Temperature Sensors in Automotive Sector
                    5.2.1.3 Increasing Adoption of Home and Building Automation Systems
           5.2.2 Restraints
                    5.2.2.1 Decline in PC Market
           5.2.3 Opportunities
                    5.2.3.1 Increasing Trend of Wearable Devices
                    5.2.3.2 Rising Need for Temperature Control for Food Safety Management
           5.2.4 Challenges
                    5.2.4.1 Stringent Performance Requirements for Advanced Applications
                    5.2.4.2 Continual Price Reductions and Intense Competition Among Manufacturers

6 Temperature Sensor Market, By Product Type
    6.1 Introduction
    6.2 Contact-Type Temperature Sensor
           6.2.1 Bimetallic Temperature Sensor
           6.2.2 Temperature Sensor IC
           6.2.3 Thermistor
           6.2.4 Resistive Temperature Detector (RTD)
           6.2.5 Thermocouple
    6.3 Noncontact-Type Temperature Sensor
           6.3.1 Infrared Temperature Sensor
           6.3.2 Fiber Optic Temperature Sensor

7 Temperature Sensor Market, By End-User Industry
    7.1 Introduction
    7.2 Chemicals
    7.3 Oil & Gas
    7.4 Energy & Power
    7.5 Consumer Electronics
    7.6 Food & Beverages
    7.7 Healthcare
    7.8 Automotive
    7.9 Aerospace & Defense
    7.10 Advanced Fuels
    7.11 Metals & Mining
    7.12 Glass
    7.13 Pulp & Paper
    7.14 Others

8 Geographic Analysis
    8.1 Introduction
    8.2 North America
           8.2.1 US
           8.2.2 Canada
           8.2.3 Mexico
    8.3 Europe
           8.3.1 Germany
           8.3.2 France
           8.3.3 UK
           8.3.4 Spain
           8.3.5 Rest of Europe
    8.4 APAC
           8.4.1 China
           8.4.2 Japan
           8.4.3 India
           8.4.4 South Korea
           8.4.5 Rest of APAC
    8.5 RoW
           8.5.1 South America
           8.5.2 Middle East
           8.5.3 Africa

9 Competitive Landscape
    9.1 Overview
    9.2 Competitive Situations and Trends
           9.2.1 Product Launches
           9.2.2 Partnerships, Agreements, and Contracts
           9.2.3 Others

10 Company Profiles
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and View)*
     10.1 Key Players
             10.1.1 ABB Limited
             10.1.2 Analog Devices
             10.1.3 Texas Instruments
             10.1.4 Honeywell International
             10.1.5 Maxim Integrated
             10.1.6 Amphenol
             10.1.7 Global Mixed Mode Technology
             10.1.8 Integrated Device Technology
             10.1.9 Kongsberg Gruppen
             10.1.10 Microchip Technology
             10.1.11 NXP Semiconductors
             10.1.12 On Semiconductor
             10.1.13 Siemens
             10.1.14 Emerson Electric
             10.1.15 Endress+Hauser Management
             10.1.16 Okazaki Manufacturing Company
             10.1.17 Yamari Industries
     10.2 Other Players
             10.2.1 Stmicroelectronics
             10.2.2 Te Connectivity
             10.2.3 Gunther GmbH Temperaturmesstechnik
             10.2.4 Omega Engineering

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, and View Might Not Be Captured in Case of Unlisted Companies.

List of Tables
Table 1 Major Product Type Characteristics
Table 2 Temperature Sensor Market, By Product Type, 2015-2023 (Million Units)
Table 3 Temperature Sensor Market, By Product Type, 2015-2023 (USD Million)
Table 4 Temperature Sensor Market, By Contact Type, 2015-2023 (USD Million)
Table 5 Temperature Sensor Market, By Noncontact Type, 2015-2023 (Million Units)
Table 6 Market for Contact-Type Temperature Sensors, By End-User Industry, 2015-2023 (USD Million)
Table 7 Market for Bimetallic Temperature Sensors, By End-User Industry, 2015-2023 (USD Million)
Table 8 Market for Temperature Sensor ICs, By End-User Industry, 2015-2023 (USD Million)
Table 9 Market for Thermistors, By End-User Industry, 2015-2023 (USD Million)
Table 10 Market for Resistive Temperature Detectors, By End-User Industry, 2015-2023 (USD Million)
Table 11 Common Types of Thermocouples
Table 12 Market for Thermocouples, By End-User Industry, 2015-2023 (USD Million)
Table 13 Market for Noncontact-Type Temperature Sensors, By End-User Industry, 2015-2023 (USD Million)
Table 14 Market for Infrared Temperature Sensors, By End-User Industry, 2015-2023 (USD Million)
Table 15 Market for Fiber Optic Temperature Sensors, By End-User Industry, 2015-2023 (USD Million)
Table 16 Temperature Sensor Market, By End-User Industry, 2015-2023 (USD Million)
Table 17 Temperature Sensor Market for Chemicals, By Region, 2015-2023 (USD Million)
Table 18 Temperature Sensor Market for Chemicals, By Product Type, 2015-2023 (USD Million)
Table 19 Temperature Sensor Market for Chemical End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 20 Temperature Sensor Market for Oil & Gas, By Region, 2015-2023 (USD Million)
Table 21 Temperature Sensor Market for Oil & Gas, By Product Type, 2015-2023 (USD Million)
Table 22 Temperature Sensor Market for Oil & Gas End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 23 Temperature Sensor Market for Energy & Power, By Region, 2015-2023 (USD Million)
Table 24 Temperature Sensor Market for Energy & Power, By Product Type, 2015-2023 (USD Million)
Table 25 Temperature Sensor Market for Energy & Power End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 26 Temperature Sensor Market for Consumer Electronics, By Region, 2015-2023 (USD Million)
Table 27 Temperature Sensor Market for Consumer Electronics, By Product Type, 2015-2023 (USD Million)
Table 28 Temperature Sensor Market for Consumer Electronics End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 29 Temperature Sensor Market for Food & Beverages, By Region, 2015-2023 (USD Million)
Table 30 Temperature Sensor Market for Food & Beverages, By Product Type, 2015-2023 (USD Million)
Table 31 Temperature Sensor Market for Food & Beverages End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 32 Temperature Sensor Market for Healthcare, By Region, 2015-2023 (USD Million)
Table 33 Temperature Sensor Market for Healthcare, By Product Type, 2015-2023 (USD Million)
Table 34 Temperature Sensor Market for Healthcare End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 35 Temperature Sensor Market for Automotive, By Region, 2015-2023 (USD Million)
Table 36 Temperature Sensor Market for Automotive, By Product Type, 2015-2023 (USD Million)
Table 37 Temperature Sensor Market for Automotive End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 38 Temperature Sensor Market for Aerospace & Defense, By Region, 2015-2023 (USD Million)
Table 39 Temperature Sensor Market for Aerospace & Defense, By Product Type, 2015-2023 (USD Million)
Table 40 Temperature Sensor Market for Aerospace & Defense End-User Industry, By Contact and Non Contact Type Temperature Sensors, 2015-2023 (USD Million)
Table 41 Temperature Sensor Market for Advanced Fuels, By Region, 2015-2023 (USD Million)
Table 42 Temperature Sensor Market for Advanced Fuels, By Product Type, 2015-2023 (USD Million)
Table 43 Temperature Sensor Market for Advance Fuels End-User Industry, By Product Type, 2015-2023 (USD Million)
Table 44 Temperature Sensor Market for Metals & Mining, By Region, 2015-2023 (USD Million)
Table 45 Temperature Sensor Market for Metals & Mining, By Product Type, 2015-2023 (USD Million)
Table 46 Temperature Sensor Market for Metals & Mining End-User Industry, By Product Type, 2015-2023 (USD Million)
Table 47 Temperature Sensor Market for Glass, By Region, 2015-2023 (USD Million)
Table 48 Temperature Sensor Market for Glass, By Product Type, 2015-2023 (USD Million)
Table 49 Temperature Sensor Market for Glass End-User Industry, By Product Type, 2015-2023 (USD Million)
Table 50 Temperature Sensor Market for Pulp & Paper, By Region, 2015-2023 (USD Million)
Table 51 Temperature Sensor Market for Pulp & Paper, By Product Type, 2015-2023 (USD Million)
Table 52 Temperature Sensor Market for Pulp & Paper End-User Industry, By Product Type, 2015-2023 (USD Million)
Table 53 Temperature Sensor Market for Others, By Region, 2015-2023 (USD Million)
Table 54 Temperature Sensor Market for Others, By Product Type, 2015-2023 (USD Million)
Table 55 Temperature Sensor Market for Other End-User Industry, By Product Type, 2015-2023 (USD Million)
Table 56 Temperature Sensor Market, By Region, 2015-2023 (USD Million)
Table 57 Temperature Sensor Market in North America, By Country, 2015-2023 (USD Million)
Table 58 Temperature Sensor Market in North America, By End-User Industry, 2015-2023 (USD Million)
Table 59 Temperature Sensor Market in Europe, By Country, 2015-2023 (USD Million)
Table 60 Temperature Sensor Market in Europe, By End-User Industry, 2015-2023 (USD Million)
Table 61 Temperature Sensor Market in APAC, By Country, 2015-2023 (USD Million)
Table 62 Temperature Sensor Market in APAC, By End-User Industry, 2015-2023 (USD Million)
Table 63 Temperature Sensor Market in RoW, By Region, 2015-2023 (USD Million)
Table 64 Temperature Sensor Market in RoW, By End-User Industry, 2015-2023 (USD Million)
Table 65 Product Launches (2015-2018)
Table 66 Partnerships, Agreements, and Contracts (2015-2018)
Table 67 Acquisitions (2015-2018)

List of Figures
Figure 1 Temperature Sensor Market Segmentation
Figure 2 Temperature Sensor Market: Research Design
Figure 3 Process Flow of Market Size Estimation
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Assumptions for Research Study
Figure 8 Thermocouple Expected to Hold Largest Size of Temperature Sensor Market By 2023
Figure 9 China Expected to Dominate Temperature Sensor Market in APAC During Forecast Period
Figure 10 Temperature Sensor Market in APAC to Grow at Highest CAGR During Forecast Period
Figure 11 Rising Adoption of Temperature Sensors in Wearable Devices and Food Safety Management Systems to Drive Temperature Sensor Market
Figure 12 Contact-Type Temperature Sensor to Hold Larger Size of Temperature Sensor Market By 2023
Figure 13 Chemicals to Hold Largest Size of Temperature Sensor Market By 2023
Figure 14 Thermocouple Held Largest Share of Temperature Sensor Market in APAC in 2017
Figure 15 Infrared Temperature Sensor to Lead Temperature Sensor Market for Chemicals During Forecast Period
Figure 16 Market Dynamics-Temperature Sensor Market
Figure 17 Number of Cars Sold Worldwide (1990-2018)
Figure 18 Global PC Market Volume (2006-2017)
Figure 19 Wearable Device Unit Shipments (2014-2018)
Figure 20 Temperature Sensor Market, By Product Type
Figure 21 Contact-Type Temperature Sensor Market for Temperature Sensor IC to Grow at Highest CAGR During Forecast Period
Figure 22 Working of Bimetallic Temperature Sensors
Figure 23 2-Wire Temperature Sensor IC Market Size (USD Million), 2014-2023
Figure 24 Noncontact-Type Temperature Sensor Market for Infrared Temperature Sensor to Grow at Higher CAGR Between 2018 and 2023
Figure 25 Working of Infrared Temperature Sensors
Figure 26 Temperature Sensor Market, By End-User Industry
Figure 27 Chemicals to Hold Largest Size of Temperature Sensor Market By 2023
Figure 28 RoW Expected to Hold Largest Size of Temperature Sensor Market for Oil & Gas By 2023
Figure 29 Geographic Snapshot of Temperature Sensor Market
Figure 30 North America: Temperature Sensor Market Snapshot
Figure 31 Chemicals to Hold Largest Size of Temperature Sensor Market in North America By 2023
Figure 32 Europe: Temperature Sensor Market Snapshot
Figure 33 Asia Pacific: Temperature Sensor Market Snapshot
Figure 34 Temperature Sensor Market in APAC for Consumer Electronics to Grow at Highest CAGR During Forecast Period
Figure 35 Rest of the World: Temperature Sensor Market Snapshot
Figure 36 Temperature Sensor Market in RoW for Food & Beverages to Grow at Highest CAGR During Forecast Period
Figure 37 Organic and Inorganic Strategies Adopted By Companies Operating in Temperature Sensor Market
Figure 38 ABB Limited: Company Snapshot
Figure 39 Analog Devices: Company Snapshot
Figure 40 Texas Instruments: Company Snapshot
Figure 41 Honeywell International: Company Snapshot
Figure 42 Maxim Integrated: Company Snapshot
Figure 43 Amphenol: Company Snapshot
Figure 44 Global Mixed Mode Technology: Company Snapshot
Figure 45 Integrated Device Technology: Company Snapshot
Figure 46 Kongsberg Gruppen: Company Snapshot
Figure 47 Microchip Technology: Company Snapshot
Figure 48 NXP Semiconductors: Company Snapshot
Figure 49 On Semiconductor: Company Snapshot
Figure 50 Siemens: Company Snapshot
Figure 51 Emerson Electric: Company Snapshot
Figure 52 Endress+Hauser Management: Company Snapshot

Note: Product cover images may vary from those shown
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  • ABB Limited
  • Amphenol
  • Analog Devices
  • Emerson Electric
  • Endress+Hauser Management
  • Global Mixed Mode Technology
  • Gunther GmbH Temperaturmesstechnik
  • Honeywell International
  • Integrated Device Technology
  • Kongsberg Gruppen
  • Maxim Integrated
  • Microchip Technology
  • NXP Semiconductors
  • Okazaki Manufacturing Company
  • Omega Engineering
  • On Semiconductor
  • Siemens
  • Stmicroelectronics
  • Te Connectivity
  • Texas Instruments
  • Yamari Industries
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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