Temperature Sensors Market Size, Share & Trends Analysis Report By Product (Contact, Contactless), By Output (Analog, Digital), By Connectivity (Wired, Wireless), By Application, By Region, And Segment Forecasts, 2024

Description

Temperature Sensors Market Growth & Trends:

The global temperature sensors market size is expected to reach USD 10.07 billion by 2030, expanding at a CAGR of 6.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increasing global demand for smarter consumer electronics and automobiles is expected to favor market growth over the forecast period. Temperature sensors are increasingly used in smartphones and other consumer electronics to monitor their temperature and enhance performance.

Basic temperature sensors include resistive temperature devices (RTD), thermocouples, liquid expansion devices, silicon diodes, infrared sensors, etc. Additionally, the fusion of communication, computing, and sensing is expected to drive the MEMS market, which is expected to benefit global temperature sensor demand. Technological advancements and device miniaturization also drive market growth. The need for ensuring safety and favorable regulatory scenario is expected to fuel market growth over the forecast period. However, intense competition and significant price cuts may restrain the temperature sensors market over the forecast period.

Temperature Sensors Market Report Highlights:

Consumer electronics and environmental applications are expected to grow at a considerable rate over the forecast period. Temperature sensors are increasingly used standalone or integrated with diverse equipment. This technology is spurred by factors such as low cost and power and wireless connectivity. The introduction of new raw materials such as polymers is expected to lower the weight, size, and cost of electronic devices.
Sensors are used in a wide range of applications such as consumer electronics, automotive, process industries, etc. owing to easy equipment integration. Temperature sensors are increasing used in automotive applications such as cylinder head temperatures, coolant, and air intake. Therefore, the rise in automobile production is expected to favor market demand. Temperature sensors are also used in HVAC, environmental control, food processing, medical devices, and chemical handling applications.
The Asia Pacific temperature sensors market accounted for over 35.6% of the global demand and is expected to grow at a considerable rate over the next six years. The regional market is expected to be driven by advancements in sensor technology and demand for high-performance sensors that can be fitted into handheld portable devices. China is expected to be the largest contributor to regional market revenue generation over the next six years.
Key market participants include ABB, Delphi Automotive, Analog Devices Inc., Siemens AG, Freescale Semiconductor, Honeywell International, Texas Instruments, NXP Semiconductors, Panasonic, etc. Honeywell serves various industries including aerospace & defense, medical, transportation, industrial, etc. Key players are increasingly moving their manufacturing facilities in countries with economical labor particularly in Asia Pacific to reduce their overall cost. Cost-effective and differentiated services are expected to be a critical success factor for industry participants.

Product Code: 978-1-68038-495-6

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Temperature Sensors Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Temperature Sensors Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Temperature Sensors Market: Product Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Temperature Sensors Market: Product Movement Analysis, USD Million, 2023 & 2030
4.3. Contact
- 4.3.1. Contact Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Contactless
- 4.4.1. Contactless Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Temperature Sensors Market: Output Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Temperature Sensors Market: Output Movement Analysis, USD Million, 2023 & 2030
5.3. Analog
- 5.3.1. Analog Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Digital
- 5.4.1. Digital Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Temperature Sensors Market: Connectivity Estimates & Trend Analysis

6.1. Segment Dashboard
6.2. Temperature Sensors Market: Connectivity Movement Analysis, USD Million, 2023 & 2030
6.3. Wired
- 6.3.1. Wired Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Wireless
- 6.4.1. Wireless Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Temperature Sensors Market: Application Estimates & Trend Analysis

7.1. Segment Dashboard
7.2. Temperature Sensors Market: Application Movement Analysis, USD Million, 2023 & 2030
7.3. Automotive
- 7.3.1. Automotive Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.4. Consumer Electronics
- 7.4.1. Consumer Electronics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.5. Environmental
- 7.5.1. Environmental Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.6. Healthcare/Medical
- 7.6.1. Healthcare/Medical Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.7. Process Industries
- 7.7.1. Process Industries Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
7.8. Others
- 7.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 8. Temperature Sensors Market: Regional Estimates & Trend Analysis

8.1. Temperature Sensors Market Share, By Region, 2023 & 2030, USD Million
8.2. North America
- 8.2.1. North America Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
  - 8.2.2.1. U.S. Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
  - 8.2.3.1. Canada Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
  - 8.2.4.1. Mexico Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.3. Europe
- 8.3.1. Europe Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.2. UK
  - 8.3.2.1. UK Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.3. Germany
  - 8.3.3.1. Germany Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
  - 8.3.4.1. France Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.4. Asia Pacific
- 8.4.1. Asia Pacific Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.2. Japan
  - 8.4.2.1. Japan Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.3. China
  - 8.4.3.1. China Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.4. India
  - 8.4.4.1. India Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
  - 8.4.5.1. Australia Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
  - 8.4.6.1. South Korea Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.5. Latin America
- 8.5.1. Latin America Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
  - 8.5.2.1. Brazil Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
8.6. Middle East and Africa
- 8.6.1. Middle East and Africa Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.2. South Africa
  - 8.6.2.1. South Africa Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Saudi Arabia
  - 8.6.3.1. Saudi Arabia Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 8.6.4. UAE
  - 8.6.4.1. UAE Temperature Sensors Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 9. Competitive Landscape

9.1. Recent Developments & Impact Analysis by Key Market Participants
9.2. Company Categorization
9.3. Company Heat Map Analysis
9.4. Company Profiles
- 9.4.1. STMicroelectronics
  - 9.4.1.1. Participant's Overview
  - 9.4.1.2. Financial Performance
  - 9.4.1.3. Product Benchmarking
  - 9.4.1.4. Recent Developments/ Strategic Initiatives
- 9.4.2. NXP Semiconductors
  - 9.4.2.1. Participant's Overview
  - 9.4.2.2. Financial Performance
  - 9.4.2.3. Product Benchmarking
  - 9.4.2.4. Recent Developments/ Strategic Initiatives
- 9.4.3. Omega Engineering, Inc.
  - 9.4.3.1. Participant's Overview
  - 9.4.3.2. Financial Performance
  - 9.4.3.3. Product Benchmarking
  - 9.4.3.4. Recent Developments/ Strategic Initiatives
- 9.4.4. Yokogawa Electric Corporation
  - 9.4.4.1. Participant's Overview
  - 9.4.4.2. Financial Performance
  - 9.4.4.3. Product Benchmarking
  - 9.4.4.4. Recent Developments/ Strategic Initiatives
- 9.4.5. Murata Manufacturing Co., Ltd.
  - 9.4.5.1. Participant's Overview
  - 9.4.5.2. Financial Performance
  - 9.4.5.3. Product Benchmarking
  - 9.4.5.4. Recent Developments/ Strategic Initiatives
- 9.4.6. IFM Electronic GmbH
  - 9.4.6.1. Participant's Overview
  - 9.4.6.2. Financial Performance
  - 9.4.6.3. Product Benchmarking
  - 9.4.6.4. Recent Developments/ Strategic Initiatives
- 9.4.7. Dwyer Instruments, LLC
  - 9.4.7.1. Participant's Overview
  - 9.4.7.2. Financial Performance
  - 9.4.7.3. Product Benchmarking
  - 9.4.7.4. Recent Developments/ Strategic Initiatives
- 9.4.8. Vishay Intertechnology, Inc.
  - 9.4.8.1. Participant's Overview
  - 9.4.8.2. Financial Performance
  - 9.4.8.3. Product Benchmarking
  - 9.4.8.4. Recent Developments/ Strategic Initiatives
- 9.4.9. Panasonic Corporation
  - 9.4.9.1. Participant's Overview
  - 9.4.9.2. Financial Performance
  - 9.4.9.3. Product Benchmarking
  - 9.4.9.4. Recent Developments/ Strategic Initiatives
- 9.4.10. Denso Corporation
  - 9.4.10.1. Participant's Overview
  - 9.4.10.2. Financial Performance
  - 9.4.10.3. Product Benchmarking
  - 9.4.10.4. Recent Developments/ Strategic Initiatives
- 9.4.11. Kongsberg Maritime
  - 9.4.11.1. Participant's Overview
  - 9.4.11.2. Financial Performance
  - 9.4.11.3. Product Benchmarking
  - 9.4.11.4. Recent Developments/ Strategic Initiatives
- 9.4.12. Ametek, Inc.
  - 9.4.12.1. Participant's Overview
  - 9.4.12.2. Financial Performance
  - 9.4.12.3. Product Benchmarking
  - 9.4.12.4. Recent Developments/ Strategic Initiatives
- 9.4.13. AMS-Osram AG
  - 9.4.13.1. Participant's Overview
  - 9.4.13.2. Financial Performance
  - 9.4.13.3. Product Benchmarking
  - 9.4.13.4. Recent Developments/ Strategic Initiatives

Temperature Sensors Market Size, Share & Trends Analysis Report By Product (Contact, Contactless), By Output (Analog, Digital), By Connectivity (Wired, Wireless), By Application, By Region, And Segment Forecasts, 2024 - 2030