Press release
Temperature Sensors Market is Expected to Exhibit a CAGR of 5.4% during 2022-2027
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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The global market is primarily driven by the widespread adoption of temperature sensors across the oil and gas industry. They are increasingly used in flare systems, wellhead and chemical tanks and pipelines to control the warming of fuel gases and maintain safe working conditions. Moreover, the rising deployment of temperature sensors in several medical devices, including thermodilution cardiac catheters and ventilator flow tubes, is also providing a boost to the market growth across the globe. Some of the other factors contributing to the market growth include rapid technological advancements and the increasing demand for consumer electronics and heating, ventilation and air conditioning (HVAC) appliances.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global temperature sensors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on connectivity, technology and end use industry.
Competitive Landscape:
ABB Ltd.
Amphenol Corporation
Analog Devices Inc.
Continental AG
Emerson Electric Co.
Honeywell International Inc.
Microchip Technology Inc.
NXP Semiconductors N.V.
OMRON Corporation
Panasonic Corporation
Robert Bosch GmbH
Siemens AG
STMicroelectronics
TE Connectivity
Texas Instruments Incorporated.
Key Market Segmentation:
Breakup by Connectivity:
Wired
Wireless
Breakup by Technology:
Infrared
Thermocouple
Resistance Temperature Detectors (RTD)
Thermistor
Temperature Transmitters
Fiber Optic
Others
Breakup by End Use Industry:
Chemical and Petrochemical
Oil and Gas
Metal and Mining
Power Generation
Food and Beverage
Automotive
Medical
Aerospace and Military
Consumer Electronics
Others
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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