The global temperature sensor market size was US$ 5.99 billion in 2021. The global temperature market size is forecast to reach US$ 10.6 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.57% during the forecast period from 2022 to 2030.
A temperature sensor is an instrumentation device used to measure temperature or heat through an electrical signal, such as a thermocouple or RTD. A thermocouple measures the temperature by generating an electrical voltage directly proportional to the change in temperature by using two dissimilar metals. Different parts of a circuit produce different voltages when the temperature varies.
Factors Influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic has had minimal impact on the growth of the temperature sensor market. In the consumer electronics industry, which includes wearables, laptops, desktops, and other appliances, production has declined due to disruptions in the global supply chain, including China, which is the major hub for OEMs in this segment. In addition, there was an increase in the adoption of smartphones and other gadgets, which helped boost the temperature sensor market. However, the healthcare industry saw increased demand for thermometers, MRI machines, and imaging diagnostics equipment with temperature sensors. During the COVID-19 pandemic, the healthcare industry accounted for a significant share of the market for temperature sensors.
Regional Insights
In 2021, the Asia Pacific region accounted for the largest share of the temperature sensor market. A major contributor to the growth of the temperature sensor market in the Asia Pacific is China, India, South Korea, and Japan. In the Asia Pacific market for temperature sensors, the growth is forecast due to the expansion of automotive, medical, industrial manufacturing companies and the rising demand for temperature sensors from overseas markets.
Leading Competitors
The leading prominent companies profiled in the global temperature sensor market are:
Scope of the Report
The global temperature sensor market segmentation focuses on Type, End-User Industry, and Region.
Segmentation based on Type
Segmentation based on End-User Industry
Segmentation based on Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL TEMPERATURE SENSOR MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL TEMPERATURE SENSOR MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL TEMPERATURE SENSOR MARKET, BY TYPE
5.1 OVERVIEW
5.2 CONTACT TEMPERATURE SENSORS
5.2.1 THERMOCOUPLES
5.2.2 RESISTIVE TEMPERATURE DETECTORS
5.2.3 THERMISTORS
5.2.4 TEMPERATURE SENSOR ICS
5.2.5 BIMETALLIC TEMPERATURE SENSORS
5.3 NON-CONTACT TEMPERATURE SENSORS
5.3.1 INFRARED TEMPERATURE SENSORS
5.3.2 FIBER OPTIC TEMPERATURE SENSORS
6 GLOBAL TEMPERATURE SENSOR MARKET, BY END-USERS
6.1 OVERVIEW
6.2 AUTOMOTIVE
6.3 ELECTRONICS
6.4 MANUFACTURING
6.5 AEROSPACE & DEFENSE
6.6 OIL & GAS
6.7 HEALTHCARE
6.8 MARINE
7 GLOBAL TEMPERATURE SENSOR MARKET, BY GEOGRAPHY
7.1 OVERVIEW
7.2 NORTH AMERICA
7.2.1 NORTH AMERICA MARKET SNAPSHOT
7.2.2 U.S.
7.2.3 CANADA
7.2.4 MEXICO
7.3 EUROPE
7.3.1 EUROPE MARKET SNAPSHOT
7.3.2 WESTERN EUROPE
7.3.2.1 THE UK
7.3.2.2 GERMANY
7.3.2.3 FRANCE
7.3.2.4 ITALY
7.3.2.5 SPAIN
7.3.2.6 REST OF WESTERN EUROPE
7.3.3 EASTERN EUROPE
7.3.3.1 POLAND
7.3.3.2 RUSSIA
7.3.3.3 REST OF EASTERN EUROPE
7.4 ASIA PACIFIC
7.4.1 ASIA PACIFIC MARKET SNAPSHOT
7.4.2 CHINA
7.4.3 JAPAN
7.4.4 INDIA
7.4.5 AUSTRALIA & NEW ZEALAND
7.4.6 ASEAN
7.4.7 REST OF ASIA PACIFIC
7.5 MIDDLE EAST & AFRICA
7.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
7.5.2 UAE
7.5.3 SAUDI ARABIA
7.5.4 SOUTH AFRICA
7.5.5 REST OF MEA
7.6 SOUTH AMERICA
7.6.1 SOUTH AMERICA MARKET SNAPSHOT
7.6.2 BRAZIL
7.6.3 ARGENTINA
7.6.4 REST OF SOUTH AMERICA
8 GLOBAL TEMPERATURE SENSOR MARKET COMPETITIVE LANDSCAPE
8.1 OVERVIEW
8.2 COMPANY MARKET RANKING
8.3 KEY DEVELOPMENT STRATEGIES
9 COMPANY PROFILES
9.1 ABB GROUP
9.1.1 OVERVIEW
9.1.2 FINANCIAL PERFORMANCE
9.1.3 PRODUCT OUTLOOK
9.1.4 KEY DEVELOPMENTS
9.2 EMERSON ELECTRIC CO.
9.2.1 OVERVIEW
9.2.2 FINANCIAL PERFORMANCE
9.2.3 PRODUCT OUTLOOK
9.2.4 KEY DEVELOPMENTS
9.3 HONEYWELL INTERNATIONAL, INCORPORATED
9.3.1 OVERVIEW
9.3.2 FINANCIAL PERFORMANCE
9.3.3 PRODUCT OUTLOOK
9.3.4 KEY DEVELOPMENTS
9.4 DENSO CORPORATION
9.4.1 OVERVIEW
9.4.2 FINANCIAL PERFORMANCE
9.4.3 PRODUCT OUTLOOK
9.4.4 KEY DEVELOPMENTS
9.5 STMICROELECTRONICS N.V.
9.5.1 OVERVIEW
9.5.2 FINANCIAL PERFORMANCE
9.5.3 PRODUCT OUTLOOK
9.5.4 KEY DEVELOPMENTS
9.6 INFINEON TECHNOLOGIES AG
9.6.1 OVERVIEW
9.6.2 FINANCIAL PERFORMANCE
9.6.3 PRODUCT OUTLOOK
9.6.4 KEY DEVELOPMENTS
9.7 ROBERT BOSCH GMBH
9.7.1 OVERVIEW
9.7.2 FINANCIAL PERFORMANCE
9.7.3 PRODUCT OUTLOOK
9.7.4 KEY DEVELOPMENTS
9.8 NXP SEMICONDUCTORS N.V.
9.8.1 OVERVIEW
9.8.2 FINANCIAL PERFORMANCE
9.8.3 PRODUCT OUTLOOK
9.8.4 KEY DEVELOPMENTS
9.9 THE MICRONAS GROUP
9.9.1 OVERVIEW
9.9.2 FINANCIAL PERFORMANCE
9.9.3 PRODUCT OUTLOOK
9.9.4 KEY DEVELOPMENTS
9.10 OMRON CORPORATION
9.10.1 OVERVIEW
9.10.2 FINANCIAL PERFORMANCE
9.10.3 PRODUCT OUTLOOK
9.10.4 KEY DEVELOPMENTS
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