Temperature Sensors Market – Forecasts from 2017 to 2022
DESCRIPTION Temperature Sensors Market is projected to grow at a CAGR of 5.01% to US$7.354 billion by 2022, increasing from US$5.760 billion in 2017. High demand of Temperature sensor in food and beverage industry for quality assurance, and initiatives being taken by various governments towards environmental protection are some of the key factors driving the market growth. Advancement in nano and micro technology have helped in proving high performance, reliable, accurate and cost-effective temperature sensor solutions for various industrial applications. Growing demand of contactless temperature sensor for usage in the hazardous environment is also expected to boost to demand of these sensors over the forecast period. Moreover, stringent regulations regarding the application of temperature sensors to ensure over-heating issues will propel the market growth in the near future. By End-User Industry By end-user industry, global Temperature Sensors market is segmented as automotive, oil and gas, food and beverage, HVAC, consumer electronics, chemical, and others. Oil and Gas sector accounted for significant market share in 2016 due to high demand for temperature sensors to monitor upstream, midstream, and downstream processes. Increasing demand for HVAC systems in residential, commercial, and industrial sectors will further boost the demand for temperature sensors. Consumer electronics will witness the fastest market growth due to increasing demand for smartphones and other mobile devices in developing countries. By Geography Geographically, North America accounted for the largest market share, in terms of value, in 2016. Mature market in this region coupled with the presence of large number of global market players have led to the deployment of temperature sensors across various end-use industries. APAC will witness the fastest regional market growth during the forecast period owing to rapid industrialisation and urbanization in emerging economies, leading to rising adoption of temperature sensors in food and beverage, oil and gas, consumer electronics, and automotive industries.
Temperature Sensors Market – Forecasts from 2017 to 2022
Competitive Insights Prominent key market players in Temperature Sensors market include Honeywell International, ABB, Texas Instruments, Analog Devices, NXP Semiconductor, Siemens and others. The market is highly competitive owing to the presence of large number of market players. These players are adopting various strategies such as new product launch, M&A, partnerships, and business expansion to gain competitive advantage in the global Temperature Sensors market. Recently in March 2017, Analog Devices acquired Linear Technology Corporation to expand the company’s high-performance analog services and integrated engineering, manufacturing, sales and support operations to accelerate innovation and revenue growth opportunities. Segmentation In this report, Temperature Sensors market is segmented by type, connectivity, enduser industry, and geography as below: By Type o Contact Integrated Circuit Thermistor RTD Thermocouple o Non-Contact Infrared Thermophile By Connectivity o Wired o Wireless By End-User Industry o Automotive o Oil and Gas Temperature Sensors Market – Forecasts from 2017 to 2022
o Food and Beverage o HVAC o Consumer Electronics o Chemical o Others By Geography o Americas North America
U.S.
Canada
Mexico
Others
South America
Brazil
Argentina
Others
o Europe Middle East and Africa Europe UK Germany France Others MEA Saudi Arabia Israel Others o Asia Pacific Temperature Sensors Market – Forecasts from 2017 to 2022
Japan China India Australia Others Key questions answered by the report What will be the Temperature Sensors market size from 2017 to 2022? How are the major drivers and restraints affecting the Temperature Sensors market growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participants’ behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.
Temperature Sensors Market – Forecasts from 2017 to 2022
TABLE OF CONTENTS 1. Introduction 2. Research Methodology 3. Executive Summary 4. Market Dynamics 4.1. Market Overview and Segmentation 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Supplier Outlook 4.6. Industry Outlook 4.7. Porter’s Five Forces Analysis 4.8. Industry Value Chain Analysis 4.9. Scenario Analysis 5. Temperature Sensors Market Forecast by Type (US$ Billion) 5.1. Contact 5.1.1. Integrated Circuit 5.1.1.1. Market Size and Forecast to 2022 5.1.2. Thermistor 5.1.2.1. Market Size and Forecast to 2022 5.1.3. Resistive Temperature Detector (RTD) 5.1.3.1. Market Size and Forecast to 2022 5.1.4. Thermocouple 5.1.4.1. Market Size and Forecast to 2022 5.2. Non-Contact 5.2.1. Infrared 5.2.1.1. Market Size and Forecast to 2022 5.2.2. Thermophile 5.2.2.1. Market Size and Forecast to 2022 6. Temperature Sensors Market Forecast by Connectivity (US$ Billion)
Temperature Sensors Market – Forecasts from 2017 to 2022
6.1. Wired 6.1.1. Market Size and Forecast to 2022 6.2. Wireless 6.2.1. Market Size and Forecast to 2022 7. Temperature Sensors Market Forecast by End-User Industry (US$ Billion) 7.1. Automotive 7.1.1. Market Size and Forecast to 2022 7.2. Oil and Gas 7.2.1. Market Size and Forecast to 2022 7.3. Food and Beverage 7.3.1. Market Size and Forecast to 2022 7.4. HVAC 7.4.1. Market Size and Forecast to 2022 7.5. Consumer Electronics 7.5.1. Market Size and Forecast to 2022 7.6. Chemical 7.6.1. Market Size and Forecast to 2022 7.7. Others 7.7.1. Market Size and Forecast to 2022 8. Temperature Sensors Market Forecast by Geography (US$ Billion) 8.1. Americas 8.1.1. North America 8.1.1.1. U.S. 8.1.1.1.1. Market Size and Forecast to 2022 8.1.1.2. Canada 8.1.1.2.1. Market Size and Forecast to 2022 8.1.1.3. Mexico 8.1.1.3.1. Market Size and Forecast to 2022 8.1.1.4. Others 8.1.1.4.1. Market Size and Forecast to 2022 8.1.2. South America 8.1.2.1. Brazil 8.1.2.1.1. Market Size and Forecast to 2022 Temperature Sensors Market – Forecasts from 2017 to 2022
8.1.2.2. Argentina 8.1.2.2.1. Market Size and Forecast to 2022 8.1.2.3. Others 8.1.2.3.1. Market Size and Forecast to 2022 8.2. Europe Middle East and Africa 8.2.1. Europe 8.2.1.1. UK 8.2.1.1.1. Market Size and Forecast to 2022 8.2.1.2. Germany 8.2.1.2.1. Market Size and Forecast to 2022 8.2.1.3. France 8.2.1.3.1. Market Size and Forecast to 2022 8.2.1.4. Italy 8.2.1.4.1. Market Size and Forecast to 2022 8.2.1.5. Spain 8.2.1.5.1. Market Size and Forecast to 2022 8.2.1.6. Others 8.2.1.6.1. Market Size and Forecast to 2022 8.2.2. Middle East and Africa 8.2.2.1. Saudi Arabia 8.2.2.1.1. Market Size and Forecast to 2022 8.2.2.2. UAE 8.2.2.2.1. Market Size and Forecast to 2022 8.2.2.3. Israel 8.2.2.3.1. Market Size and Forecast to 2022 8.2.2.4. Others 8.2.2.4.1. Market Size and Forecast to 2022 8.3. Asia Pacific 8.3.1. Japan 8.3.1.1. Market Size and Forecast to 2022 8.3.2. China 8.3.2.1. Market Size and Forecast to 2022 8.3.3. India Temperature Sensors Market – Forecasts from 2017 to 2022
8.3.3.1. Market Size and Forecast to 2022 8.3.4. Australia 8.3.4.1. Market Size and Forecast to 2022 8.3.5. Others 8.3.5.1. Market Size and Forecast to 2022 9. Competitive Intelligence 9.1. Investment Analysis 9.2. Recent Deals 9.3. Strategies of Key Players 9.4. Market Share Analysis 10. Company Profiles 10.1. Honeywell International 10.1.1. Overview 10.1.2. Financials 10.1.3. Products and Services 10.1.4. Recent Developments 10.2. Analog Devices, Inc. 10.2.1. Overview 10.2.2. Financials 10.2.3. Products and Services 10.2.4. Recent Developments 10.3. Texas Instruments 10.3.1. Overview 10.3.2. Financials 10.3.3. Products and Services 10.3.4. Recent Developments 10.4. Microchip Technology, Inc. 10.4.1. Overview 10.4.2. Financials 10.4.3. Products and Services 10.4.4. Recent Developments 10.5. STMicroelectronics 10.5.1. Overview Temperature Sensors Market – Forecasts from 2017 to 2022
10.5.2. Financials 10.5.3. Products and Services 10.5.4. Recent Developments 10.6. Delphi 10.6.1. Overview 10.6.2. Financials 10.6.3. Products and Services 10.6.4. Recent Developments 10.7. NXP Semiconductor 10.7.1. Overview 10.7.2. Financials 10.7.3. Products and Services 10.7.4. Recent Developments 10.8. Panasonic Corporation 10.8.1. Overview 10.8.2. Financials 10.8.3. Products and Services 10.8.4. Recent Developments 10.9. ABB 10.9.1. Overview 10.9.2. Financials 10.9.3. Products and Services 10.9.4. Recent Developments 10.10. Siemens AG 10.10.1. Overview 10.10.2. Financials 10.10.3. Products and Services 10.10.4. Recent Developments 10.11. General Electric 10.11.1. Overview 10.11.2. Financials 10.11.3. Products and Services 10.11.4. Recent Developments Temperature Sensors Market – Forecasts from 2017 to 2022
10.12. Emerson Electric Company 10.12.1. Overview 10.12.2. Financials 10.12.3. Products and Services 10.12.4. Recent Developments List of Tables List of Figures
Temperature Sensors Market – Forecasts from 2017 to 2022
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Temperature Sensors Market – Forecasts from 2017 to 2022