Global Temperature Sensor Market: Industry Key Player - Texas Instruments Inc., Analog Devices Inc., Microchip Technology Inc. , Honeywell International Inc., STMicroelectronics N.V., Infineon Technologies AG, General Electric Company, ABB Ltd., Maxim Int

A new report titled “Global Temperature Sensor Market In-Depth Analysis with Booming Trends Supporting Growth Till 2024” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Temperature Sensor Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects, emphasizing major trends giving direction to the market, key opportunities paving new growth avenues, key drivers pushing the market’s growth and challenges and restraints hindering the market for Temperature Sensor Market across the globe.

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Temperature sensors refer to devices which helps in recording data related to temperature. A temperature sensor helps in converting any voltage or current into a specific numerical value. Advanced temperature sensors are also used in research and development facilities with various scientific uses. The contact and non-contact temperature sensors form the different types of temperature sensors. These contact temperature sensors have been used in different industry verticals owing to the low cost. These sensors are used when the thermal equilibrium needs to be maintained and there is no flow of heat between the objects where the sensor needs to be in contact with the object to measure the temperature. The non-contact temperature sensor helps in measuring temperature when the surface is moving and measures temperature with the help of heat radiation emitted from the surface or object.

Temperature sensors have different product types, such as thermistors, thermocouple, infrared temperature sensor, fiber optic temperature sensor and bimetallic temperature sensors among others. These different type of temperature sensors include both simple and complex applications. Growth in automation, across verticals such as aerospace and defense, automotive, semiconductor and electronics and healthcare among others, has been some of the primary reason for the growth of temperature sensor market globally. The increasing importance for advanced healthcare equipment has also been boosting the growth of temperature sensor market.

Other than this, the rise in demand for electronic products has also helped the global temperature sensor market to grow. Increasing use of thermistors, resistance temperature detectors, and infrared temperature detectors has also led to the rise in demand for automotive and healthcare sector enhancing the growth of these industries. Considering the positive impacts of the factors mentioned above, the temperature sensor market globally has been anticipated to grow at a good pace during the forecast period with the market being more or less stable. The growing demand for body worn temperature sensor also provides many opportunities for the growth of temperature sensor market.

On the basis of type, the global temperature sensor market has been segmented into thermistor, resistance temperature detectors, thermocouple, infrared temperature sensor, fiber optic temperature sensor, bimetallic temperature sensor and others. The global temperature sensor market is further segmented on the basis of sensing method which includes contact and non-contact temperature sensor. The market revenue for temperature senor has been provided in USD million in terms of revenue and million units in terms of volume, along with the CAGR for the forecasted period from 2018 to 2024.

Different end use industries which are segmented under the scope of this report includes food and beverage, aerospace and defense, chemicals, oil & gas, semiconductor and electronics, automotive, healthcare and others. Each of these segments are provided with market size and forecast for the period 2018 - 2024, further highlighting the different key trends which act as influencing factors for each segment provided under the scope of this report.

The region wise market analysis provides the in-depth analysis of the current trends available in these regions which is further segmented into different countries covered under these regions. The different regions covered under the scope of this report includes North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

This report provides strategic analysis of the global temperature sensor market, and the growth forecast for the period 2018 to 2024. The scope of this report includes analysis of different market segments which are differentiated on the basis of product type, sensing method and end use industry of the global temperature sensor market across countries. To aid in proper decision-making, the report includes the profiling of top players in this industry, their respective market share along with various business strategies which are adopted by them as well as the recent developments.

The key trends analysis and market opportunity map provided in the report discusses the various upcoming trends and current end use industries. Other than this, the scope of the report also focuses on the future penetration of various temperature sensor related products. The market opportunity map and market attractiveness analysis included in this report provides overall insights into various market dynamics, industry competition, along with providing the most profitable segments within the global temperature sensor market. Additionally, the Porter’s five forces analysis aids in better understanding of the level of competition present in the market. Top players of the global temperature sensor market are also being profiled and included in the report.

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The report also provides breakdown and assessment of various factors impacting the growth of market, which are classified as market drivers, restraints, and opportunities in this report. These factors determine the different trends and their impact on the overall market growth. Overall, after taking into consideration the different factors which affects the global temperature sensor market along with providing a holistic analysis of the global temperature sensor market, and also provides an estimation of growth for the forecast period during 2018 to 2024.

Some of the leading players in the global temperature sensor market are Texas Instruments Inc. (U.S.), Analog Devices Inc. (U.S.), Microchip Technology Inc. , Honeywell International Inc. (US), STMicroelectronics N.V. (Switzerland), Infineon Technologies AG (Germany), General Electric Company (U.S.), ABB Ltd. (Switzerland), Maxim Integrated Products Inc. (U.S.), ON Semiconductor (U.S.) and Panasonic Corporation (Japan) among others.

The market has been segmented as follows:

Global Temperature Sensor Market – By Product Type:

Thermistor
Resistance Temperature Detectors
Thermocouple
Infrared Temperature Sensor
Fiber Optic Temperature Sensor
Bimetallic Temperature Sensor
Others
Global Temperature Sensor Market – By Sensing Method:

Contact Temperature Sensor
Non-contact Temperature Sensor
Global Temperature Sensor Market - By End Use Industry:

Food and Beverage
Aerospace and Defense
Chemicals
Oil & Gas
Semiconductor and Electronics
Automotive
Healthcare
Others
Global Temperature Sensor Market - By Region:

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest Of Europe
Asia Pacific
China
Japan
Taiwan
India
South Korea
Rest Of APAC
Middle East and Africa
UAE
Saudi Arabia
South Africa
Others
Latin America
Brazil
Others

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