Press release
Global Temperature Sensor Market Forecast to 2025 | Microchip Technology, NXP Semiconductors, Panasonic, Analog Devices
The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part of the report preparation. Those reading the report will be able to get a detailed understanding about the market. Industry experts have verified and checked the data and information that have been taken from credible sources like websites, annual reports of companies, journals, and other resources. In order give the facts and data a pictorial form, diagrams, graphs, pie charts, and other representations have been used. That augments the visual appeal of the report and makes understanding it much easier.
This report presents the worldwide Temperature Sensor market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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Temperature sensor is an electronic device, which measures the temperature through an electrical signal. Temperature is a term used to state the degree or intensity of heat present in a substance. These sensors can be used in various systems to measure the heat released and alert the end-user. Temperature sensor find its wide range of applications across several industries such as electronics, automotive, and manufacturing. These sensors come in different forms, which has their unique applications for instance, integrated circuit (IC) temperature sensor are used in electronic applications to detect the heat released and start the cooling device.
The world temperature sensor market is primarily driven by its supreme benefits such as durability, accuracy, and low power consumption. Further the growth is supported by the stringent government regulations mandating the use of temperature sensors in applications to ensure over heating issues. Moreover, temperature sensors swiftly gaining popularity in manufacturing industries and automotive applications, which provides huge impetus to the market growth. However, technical awareness about sensor and heating issues in extreme condition are the key restraints which hamper the market growth. In addition, technological advancements are expected to provide huge opportunities for the market in the years to come.
The Americas is expected to be the major revenue contributor to the temperature monitor market due to the growing construction of smart homes and the growth of the automotive industry. Furthermore, the extensive industrial growth and the growing demand for consumer electronics, will also contribute to the growth of the temperature sensor market in the Americas.
The Temperature Sensor market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Temperature Sensor.
The following manufacturers are covered in this report:
Microchip Technology
NXP Semiconductors
Panasonic
Analog Devices
Maxim Integrated
Temperature Sensor Breakdown Data by Type
Thermistor
Resistance Temperature Detector (RTD)
Thermocouple
Temperature Sensor IC
Non-Contact Sensors
Temperature Sensor Breakdown Data by Application
Automotive
Electronics
Manufacturing
Aerospace & Defense
Oil & Gas
Healthcare
Marine
Temperature Sensor Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Other Regions
Temperature Sensor Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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The study objectives are:
To analyze and research the global Temperature Sensor status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Temperature Sensor manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Temperature Sensor :
History Year: 2013 – 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 – 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Temperature Sensor market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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