Press release
Global Temperature Sensor Market to grow at a CAGR of 4.87% during forecast 2016-2020
Temperature sensors are mostly of two types: contact and contactless. Contact temperature sensors include thermocouples, thermistors, and resistance temperature detectors, while contactless temperature sensors include infrared sensors.
The global temperature sensor market to grow at a CAGR of 4.87% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global temperature sensor market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of temperature sensors to the following segments:
- Oil and gas
- Automotive
- Food and beverage
- Heating, ventilating, and air conditioning (HVAC)
- Consumer electronics
- Others (aerospace and defense, pulp and paper, and medical)
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Technavio's report, Global Temperature Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Honeywell International Inc.
- Microchip Technology Inc.
- NXP Semiconductors N.V.
- Panasonic Corporation
- Sensata Technologies Inc.
- STMicroelectronics N.V.
- Texas Instruments Inc.
Other prominent vendors
- ABB
- Analog Devices
- Emerson
- Maxim Integrated Products
- Siemens
Market driver
- Government regulations and vehicle emission control in automotive segment
- For a full, detailed list, view our report
Market challenge
- Continual price reductions
- For a full, detailed list, view our report
Browse more details at: http://www.researchmoz.us/global-temperature-sensor-market-2016-2020-report.html
Key questions answered in this report:-
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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