April 18, 2024

Temperature Sensors Market Size To Rake USD 18.15 Bn By 2032

The temperature sensors market size is poised to grow by USD 18.15 billion by 2032 from USD 9.1 billion in 2022, exhibiting a CAGR of 7.20% during the forecast period 2023-2032. 

Temperature Sensors Market Size 2023 To 2032

Key Takeaways

  • North America contributed more than 35% of revenue share in 2022.
  • Asia Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
  • By Type, the wired segment has held the largest market share of 64% in 2022.
  • By Type, the wireless segment is anticipated to grow at a remarkable CAGR of 10.8% between 2023 and 2032.
  • By Technology, the resistance temperature detectors segment generated over 31% of the revenue share in 2022.
  • By Technology, the thermistor segment is expected to expand at the fastest CAGR over the projected period.
  • By End-user Industry, the chemical and petrochemical segment had the largest market share of 35% in 2022.
  • By End-user Industry, the oil and gas segment is expected to expand at the fastest CAGR over the projected period.

Precedence Research has conducted a comprehensive market study that provides valuable insights into the performance of the market during the forecast period. The study identifies significant trends that are shaping the growth of the Temperature sensors market. In this recently published report, essential dynamics such as drivers, restraints, and opportunities are highlighted for both established market players and emerging participants involved in production and supply.

To begin with, the Temperature sensors Market report features an executive summary that offers a concise overview of the marketplace. It outlines the key players and industry categories expected to have an impact on the market in the coming years. The executive summary provides an unbiased summary of the market.

Get a Sample Reporthttps://www.precedenceresearch.com/sample/3487

Temperature Sensors Market Scope

Report Coverage Details
Growth Rate from 2023 to 2032 CAGR of 7.20%
Market Size in 2023 USD 9.71 Billion
Market Size by 2032 USD 18.15 Billion
Largest Market North America
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered By Type, By Technology, and By End-user Industry
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Read More: Teleradiology Software Market Size To Gain USD 10.80 Bn by 2032

The empirical study on the global Temperature sensors market primarily focuses on the drivers in subsequent sections. It demonstrates how changing demographics are projected to influence the supply and demand dynamics in the Temperature sensors Market. Our market report for the Temperature sensors market also delves into the significant rules and regulations that are likely to impact the future growth of this sector. Moreover, in order to comprehend the underlying demand factors, industry experts have provided insights into its fundamental origins.

Temperature Sensors Market Players

  • Texas Instruments Incorporated
  • Honeywell International Inc.
  • Panasonic Corporation
  • Siemens AG
  • STMicroelectronics N.V.
  • NXP Semiconductors N.V.
  • Analog Devices, Inc.
  • Infineon Technologies AG
  • Maxim Integrated Products, Inc.
  • TE Connectivity Ltd.
  • ON Semiconductor Corporation
  • Microchip Technology Inc.
  • Sensirion AG
  • Amphenol Corporation
  • Emerson Electric Co.

Data Sources and Methodology

To gather comprehensive insights on the Global Temperature sensors Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.

We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global Temperature sensors Market.

The most resonating, simple, genuine, and important causes because of which you must decide to buy the Temperature sensors market report exclusively from precedence research

  • The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.

Key Features of the Report:

  • Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
  • Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
  • Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.

Market Segmentation:

By Type

  • Wired
  • Wireless

By Technology

  • Infrared
  • Thermocouple
  • Resistance Temperature Detectors
  • Thermistor
  • Temperature Transmitters
  • Integrated Circuit
  • Fiber optics
  • Others

By End-user Industry

  • Chemical and Petrochemical
  • Oil and Gas
  • Metal and Mining
  • Power Generation
  • Food and Beverage
  • Automotive
  • Medical
  • Consumer Electronics
  • Aerospace and Military
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Reasons to Consider Purchasing the Report:

  • Enhance your market research capabilities by accessing this comprehensive and precise report on the global Temperature sensors market.
  • Gain a thorough understanding of the overall market landscape and be prepared to overcome challenges while ensuring robust growth.
  • Benefit from in-depth research and analysis of the latest trends shaping the global Temperature sensors market.
  • Obtain detailed insights into evolving market trends, current and future technologies, and strategic approaches employed by key players in the global Temperature sensors market.
  • Receive valuable recommendations and guidance for both new entrants and established players seeking further market expansion.
  • Discover not only the cutting-edge technological advancements in the global Temperature sensors market but also the strategic plans of industry leaders.

Table of Content

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Temperature Sensors Market 

5.1. COVID-19 Landscape: Temperature Sensors Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Temperature Sensors Market, By Type

8.1. Temperature Sensors Market Revenue and Volume, by Type, 2023-2032

8.1.1 Wired

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Wireless

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global Temperature Sensors Market, By Technology

9.1. Temperature Sensors Market Revenue and Volume, by Technology, 2023-2032

9.1.1. Infrared

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. Thermocouple

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. Resistance Temperature Detectors

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. Thermistor

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

9.1.5. Temperature Transmitters

9.1.5.1. Market Revenue and Volume Forecast (2020-2032)

9.1.6. Integrated Circuit

9.1.6.1. Market Revenue and Volume Forecast (2020-2032)

9.1.7. Fiber optics

9.1.7.1. Market Revenue and Volume Forecast (2020-2032)

9.1.8. Others

9.1.8.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global Temperature Sensors Market, By End-user Industry 

10.1. Temperature Sensors Market Revenue and Volume, by End-user Industry, 2023-2032

10.1.1. Chemical and Petrochemical

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. Oil and Gas

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

10.1.3. Metal and Mining

10.1.3.1. Market Revenue and Volume Forecast (2020-2032)

10.1.4. Power Generation

10.1.4.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Food and Beverage

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

10.1.6. Automotive

10.1.6.1. Market Revenue and Volume Forecast (2020-2032)

10.1.7. Medical

10.1.7.1. Market Revenue and Volume Forecast (2020-2032)

10.1.8. Consumer Electronics

10.1.8.1. Market Revenue and Volume Forecast (2020-2032)

10.1.9. Aerospace and Military

10.1.9.1. Market Revenue and Volume Forecast (2020-2032)

10.1.10. Others

10.1.10.1. Market Revenue and Volume Forecast (2020-2032)

10.1.5. Others

10.1.5.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global Temperature Sensors Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Type (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Technology (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by End-user Industry (2020-2032)

Chapter 12. Company Profiles

12.1. Texas Instruments Incorporated

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Honeywell International Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Panasonic Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Siemens AG

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. STMicroelectronics N.V.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. NXP Semiconductors N.V.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Analog Devices, Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Infineon Technologies AG

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Maxim Integrated Products, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. TE Connectivity Ltd.

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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