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RTD Sensor Market Booming by Size, Revenue, Trend and Top Growing Companies 2026

03-26-2020 12:48 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research Dive

RTD Sensor Market

RTD Sensor Market

GLOBAL RTD SENSOR MARKET OVERVIEW 2026:
Resistance temperature detectors (RTDs) are also called as resistance thermometers that are used to measure temperature. The working principle of RTD sensors is the measuring of temperature by comparing the resistance of the RTD measuring element with the temperature. Typical temperature measuring elements used in the RTD sensors are nickel, platinum and copper. High electrical resistivity, high resistance temperature and corrosion resistance are the major characteristics that must be possessed by RTD sensors. RTD sensors are capable of measuring temperatures up to 800 C.

Check Out important drivers for the RTD sensors market growth https://www.researchdive.com/request-toc-and-sample/129?utm_source=OPR&utm_medium=ANIL

Increasing demand for temperature sensors from end use industries and growing demand from consumer electronic sectors are important drivers for the RTD sensors market growth

The global RTD sensors market is majorly driven by the benefits of the sensors including the accuracy, long-term stability, low energy consumption and durability of the sensors in measuring the temperature. In addition, there is a growing demand for RDP sensors from the automotive industry for the utilization in the Advanced Driving Assistance Systems (ADAS) to improve vehicle and traveler's safety. Vehicle engines operate at extreme temperatures; in such cases, there is necessity of thermal management to ensure safety of the vehicle and passengers. This factor will drive the demand for RTD sensors for the control of ventilation, heating and cooling systems in the vehicle. Moreover, RTD sensor finds wide range of uses across various end use industries including consumer electronics, manufacturing, oil & gas, chemical and other industries. This factor is projected to propel the market growth in the coming years. Furthermore, temperature is a crucial parameter in power & energy generation plants. Incorrect management of temperature in power plants can lead to damage in the operational equipment and thereby destruct the operational excellency; this factor will drive the RTD sensor demand.

Advancements of RTD sensor technologies in food processing industry is a significant investment opportunity for the growth of the RTD sensor market

Continuously increasing technological improvements in temperature sensors is creating substantial growth opportunities in RDP sensors market. Also, growing demands for SDP sensors from food processing applications including, preservation of food along with maintaining the quality & safety of the food by minimizing the wastage, are projected to drive the growth opportunities in the global market.

Contact SDP sensors segment is estimated to be most lucrative throughout the forecast period

Contact type sensors measure the temperature through the conduction mode of heat, where heat is directly transferred by the material through physical contact with the sensors. These sensors are mostly used to monitor the temperatures of solids and liquids. Due to these benefits, the contact RTD sensors are extensively used in the chemical and pharmaceutical industries. Non-contact temperature type sensors monitor the temperature by convection or radiation of the heat, where heat energy is directly transmitted by fluids through radiant energy. These sensors are majorly used to measure the temperatures of the gases. The advantages of the non-contact RTD sensors are driving the market size in the oil & gas industry.

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PLATINUM MEASURING ELEMENT IS PROJECTED TO BE MOST LUCRATIVE TILL THE END OF 2026
Platinum measuring element generated the majority of the RTD sensors market share in 2018 and is projected to continue its dominance on the market size during the forecast period. Platinum material is the most widely used measuring component in the RTD sensors. Also, platinum material has brilliant resistance towards corrosion due to chemicals, tremendous long-term stability and its capability to measure the temperature from 200 C up to 850 C. These benefits of platinum will drive the market size during the estimated time. Nickel measuring element of RTD sensors market is projected to grow at a notable rate during the forecast period. Nickel measuring elements are less expensive and have typical corrosion resistance at 100 C than platinum and copper. These aspects will enhance the growth of the RTD sensor market in the coming years.

THE REPORT ALSO PRESENTS KEY MARKET PLAYERS
o Emerson Electric Co
o STMicroelectronics
o Honeywell International Inc.
o Products, Inc.
o TDK-Micronas GmbH
o OMRON Corporation
o GENERAL ELECTRIC
o Texas Instruments Incorporated
o Siemens
o Maxim Integrated
o Infineon Technologies AG
o DENSO CORPORATION

Read More@ https://www.researchdive.com/129/rtd-sensor-market?utm_source=OPR&utm_medium=ANIL

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Research Dive
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About Us:
Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

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