Temperature Sensors Market Analysis, Growth Drivers, Vendors Landscape, Shares, Trends, Industry Challenges with Forecast to 2020

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These sensors are also used in switches, wireless routers, VoIP equipment Bluetooth devices, modems. Growingdemand 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 toavoid and accessories such as scanners, printers, copiers and POS terminals. Entertainment systems such as gamingconsoles Blu-Ray/DVD players, and flat panel TVs, also use these devices to enhance performance and provide betterreliability. Increasing awareness and adoption of HVAC modules is anticipated to favorably influence the globalindustry. Technological advancements coupled with reduction in prices is expected to result in launch of new productapplications in HVAC sector.Get a Sample Copy of This Report @https://www.millioninsights.com/industry-reports/temperature-sensors-market-size/request-sampleLithium neonate and Lanthanum gallium silicate also known as langasite form the key raw materials of temperaturesensors that improve measurement ranges of these sensors. Silicon sensors are widely used materials since they areeasily available, cost efficient and are used to measure physical parameters including pressure. Multi sensors areextensively used in mass applications due to their stability and thereby driving the global temperature sensors growthrate. Rising concern towards surveillance and security is expected to propel the demand for sensors over the nextseven 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 Optictemperature sensors. Thermocouples are expected to have the largest market share in terms of revenue owing to itswide applications in several industries including process, metal and petrochemicals industries, owing to quick responseto temperature fluctuations, user friendliness, and simplicity. They are also extensively used in mechanical andelectrical 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 typeof resistor that tends to change its physical resistance value when exposed to temperature changes. These sensorsusually constitute and made of ceramic materials including oxides of manganese, nickel, cobalt coated in glass whichmakes them easily damaged. High speed of response time to minor changes in accuracy repeatability and temperatureis 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 reduceelectrical power in household and offices by operating on a relay, controlling an electronic ignitor, either a resistanceheater or electrically power-driven spark producing device. North America holds the major share in the global marketowing to increasing in demand and need for temperature sensors in home weather stations, smart homes particularlyin regions such as U.S. and Canada. Increasing investment in R&D and technological advancements can be attributedas the key factor for the market dominance in this region. Asia Pacific is expected to witness significant growth rateowing 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, DanaherCorporation, Emerson Electric Company, TE Connectivity Ltd., General Electric, Panasonic Corporation, MicrochipTechnology Incorporated, NXP Semiconductors, and STMicroelectronics. Major players in the industry invest more inpartnerships, research &development and collaborations with local players to develop high performance andenhanced temperature sensors. Many companies manufacture products and also provide services and systemintegrators to the clients forming an important role in the market.See More Reports of This Category by Million Insights @https://www.millioninsights.com/industry/sensorsMarket Segment:Temperature Sensors Application Outlook (Revenue, USD Million, 2012 - 2020)• Automotive• Consumer Electronics• Environmental• Healthcare & Medical• Process Industries• OthersTemperature Sensors Regional Outlook (Revenue, USD Million, 2012 - 2020)• North America• U.S.• Europe• Germany• UK• Asia Pacific
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Temperature Sensors Market Analysis, Growth Drivers, Vendors Landscape, Shares, Trends, Industry Challenges with Forecast to 2020

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