Temperature Sensors Market Analysis, Growth Drivers, Vendors Landscape, Shares, Trends, Industry Challenges with Forecast to 2020
. Increasing need for advanced sensing technologies including image, pressure, proximity, heat and acceleration sensors among various industry players, coupled with rising number of automotive manufacturing facilities particularly in emerging economies including India, and China can be attributed as the major factor propelling the market growth
. Increasing need for advanced sensing technologies including image, pressure, proximity, heat and acceleration sensors among various industry players, coupled with rising number of automotive manufacturing facilities particularly in emerging economies including India, and China can be attributed as the major factor propelling the market growth
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Temperature Sensors Market Analysis and Segment
Forecasts To 2020 -Industry, Outlook, Size, Application,
Product, Share, Growth Prospects
“Increasing need for advanced sensing technologies including image,
pressure, proximity, heat and acceleration sensors among various
industry players, coupled with rising number of automotive
manufacturing facilities particularly in emerging economies including
India, and China can be attributed as the major factor propelling the
market growth.”
The global Temperature Sensors Market is anticipated to reach USD 6.13 billion by 2020. Rising demand for
temperature sensors in semiconductors, automotive segment, and in other process industries including F&B, plastics
and metal is expected to drive the market growth over the forecast period. Increasing need for advanced sensing
technologies including image, pressure, proximity, heat and acceleration sensors among various industry players,
coupled with rising number of automotive manufacturing facilities particularly in emerging economies including India,
and China can be attributed as the major factor propelling the market growth
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/temperature-sensors-market-size
Demand for highly advanced innovative consumer electronics is expected to increase owing to changing consumer
preferences for high performance and efficient products. These trends are anticipated to positively affect the
temperature sensors product since sensors are considered to be the major part of electronic devices. Use of
nanotechnology and micro technology enables contactless and accurate measurements are anticipated to offer future
opportunities to the sensors market. Temperature controls are vital for manufacturing, storing and handling of medical
drugs and devices. The sensors are widely used in communication sector including mobile phones and other handheld
devices. They maintain and provide efficient performance coupled with reduction in power consumed by monitoring
and controlling heat. Increasing demand for tech savvy products is expected to steer the overall market.
These sensors are also used in switches, wireless routers, VoIP equipment Bluetooth devices, modems. Growing
demand for these products and devices would positively impact the sensors market growth over the forecast period.
Personal computers, scanners, copiers, POS terminals and printers constitute sensors for temperature control and to
avoid and accessories such as scanners, printers, copiers and POS terminals. Entertainment systems such as gaming
consoles Blu-Ray/DVD players, and flat panel TVs, also use these devices to enhance performance and provide better
reliability. Increasing awareness and adoption of HVAC modules is anticipated to favorably influence the global
industry. Technological advancements coupled with reduction in prices is expected to result in launch of new product
applications in HVAC sector.
Get a Sample Copy of This Report @
https://www.millioninsights.com/industry-reports/temperature-sensors-market-size/request-sample
Lithium neonate and Lanthanum gallium silicate also known as langasite form the key raw materials of temperature
sensors that improve measurement ranges of these sensors. Silicon sensors are widely used materials since they are
easily available, cost efficient and are used to measure physical parameters including pressure. Multi sensors are
extensively used in mass applications due to their stability and thereby driving the global temperature sensors growth
rate. Rising concern towards surveillance and security is expected to propel the demand for sensors over the next
seven years. Government initiatives for safety and environmental norms are anticipated to steer the market growth.
The launch of MEMS technology in the market can be attributed as the major opportunities for market in the future.
On the basis of product type, the global market has been segmented into Bimetallic Sensor, Sensor IC, Thermistor
(Negative and Positive Temperature Coefficient), Resistive Detector (RTD), Thermocouple, Infrared and Fiber Optic
temperature sensors. Thermocouples are expected to have the largest market share in terms of revenue owing to its
wide applications in several industries including process, metal and petrochemicals industries, owing to quick response
to temperature fluctuations, user friendliness, and simplicity. They are also extensively used in mechanical and
electrical apparatus for testing prototypes that are produced for manufacturing.
Thermistors are expected to witness significant growth rate over the forecast period. A thermistor is a superior type
of resistor that tends to change its physical resistance value when exposed to temperature changes. These sensors
usually constitute and made of ceramic materials including oxides of manganese, nickel, cobalt coated in glass which
makes them easily damaged. High speed of response time to minor changes in accuracy repeatability and temperature
is expected to propel the market growth of this segment.
Bimetallic temperature sensors are expected to grow at a moderate rate. These sensors are widely used to reduce
electrical power in household and offices by operating on a relay, controlling an electronic ignitor, either a resistance
heater or electrically power-driven spark producing device. North America holds the major share in the global market
owing to increasing in demand and need for temperature sensors in home weather stations, smart homes particularly
in regions such as U.S. and Canada. Increasing investment in R&D and technological advancements can be attributed
as the key factor for the market dominance in this region. Asia Pacific is expected to witness significant growth rate
owing to increasing healthcare, oil & gas and automobile sectors in the region
Key market players are ABB Ltd., Texas Instruments Incorporated, Honeywell International, Inc. Analog Devices,
Siemens AG, Maxim Integrated Products, Inc., Other industry participants include Kongsberg Gruppen, Danaher
Corporation, Emerson Electric Company, TE Connectivity Ltd., General Electric, Panasonic Corporation, Microchip
Technology Incorporated, NXP Semiconductors, and STMicroelectronics. Major players in the industry invest more in
partnerships, research &development and collaborations with local players to develop high performance and
enhanced temperature sensors. Many companies manufacture products and also provide services and system
integrators to the clients forming an important role in the market.
See More Reports of This Category by Million Insights @
https://www.millioninsights.com/industry/sensors
Market Segment:
Temperature Sensors Application Outlook (Revenue, USD Million, 2012 - 2020)
• Automotive
• Consumer Electronics
• Environmental
• Healthcare & Medical
• Process Industries
• Others
Temperature Sensors Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• RoW
• Brazil
Browse Full Research Report @
https://www.millioninsights.com/industry-reports/temperature-sensors-market-size
Get in touch
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our
representatives strive to understand diverse client requirements and cater to the same with the most
innovative and functional solutions.
Contact Person:
Ryan Manuel
Research Support Specialist, USA
Email: ryan@millioninsights.com
Global Headquarters
Million Insights
Felton Office Plaza 6265 Highway 9
Felton, California 95018, United States
Phone: 1-408-610-2300
Email: sales@millioninsights.com
Asia Pacific
Million Insights
Office No. 302, 3rd Floor, Manikchand
Galleria, Model Colony, Shivaji Nagar,
Pune, MH, 411016 India
Phone: 91-20-65300184
Email: sales@millioninsights.com
Visit Our Blog:
www.millioninsights.blogspot.com