Press release
Temperature Sensor Market Insights with Key Players like ABB, Emerson, Honeywell, DENSO, STMicroelectronics, Infineon Technologies, Bosch, NXP Semiconductors, OMRON Group, Analog Devices, Texas Instruments
The global temperature sensor market size is expected to reach USD 7.88 Billion by 2026, exhibiting a CAGR of 6.1% during the forecast period. The rising adoption of temperature sensors in process industries such as oil and gas, and chemical for the prevention of moisture, overheating, and corrosion will significantly aid the temperature sensor market share. Moreover, the rising investment in the oil and gas industry will attract sales opportunities for the market in the forthcoming years. For instance, as per the India Brand Equity Foundation, the investment in oil and gas exploration and production activities in India is expected to reach $25 million by 2022. In addition, the growing government policies and initiatives towards the fulfillment of energy demands and initiations of new projects will contribute positively to the temperature sensor market revenue during the forecast period.Gain More Insights into the Temperature Sensor Market Research Report: https://www.fortunebusinessinsights.com/temperature-sensor-market-102434
The Report Lists the key Companies in the Temperature Sensor Market
• ABB
• Emerson Electric Co.
• HONEYWELL INTERNATIONAL INC.
• DENSO CORPORATION
• STMicroelectronics
• Infineon Technologies AG
• Robert Bosch GmbH
• NXP Semiconductors
• OMRON Corporation
• TE Connectivity
• Analog Devices, Inc.
• Texas Instruments Incorporated
Request a Sample Copy for more detailed Temperature Sensor Market Overview: https://www.fortunebusinessinsights.com/enquiry/sample/temperature-sensor-market-102434
Regional Analysis
Rising Technological Advancements to Bolster Growth in North America
North America generated a revenue of USD 1.79 billion and 2018 and is predicted to grow rapidly during the forecast period owing to the growing emphasis on HVAC systems, compact systems with standalone sensors and wearable devices. Furthermore, the increasing awareness about the advantages of temperature sensors in various industries, including automotive, oil & gas, and healthcare, will boost the temperature sensor market trends during the forecast period. Europe is likely to witness high growth during the forecast period owing to the presence of various automobile companies in the region. Asia Pacific is predicted to grow astoundingly during the forecast period due to the surge in the automotive sector and the growing sales of automotive vehicles.
Major Table of Content for Temperature Sensor Market:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Key Insights
5. Global Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
6. North America Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
7. Europe Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
8. Asia Pacific Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
9. Latin America Temperature Sensor Market Analysis, Insights and Forecast, 2015-2026
10. Competition Matrix
11. Global Temperature Sensor Market Revenue Share Analysis, By Key Players, 2018
12. Company Profile
Complete TOC Available Here…
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An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
Click here to get the short-term and long-term impact of COVID-19 on this Market.
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