Press release
Temperature Sensor Market worth $8.94 Billion by 2030, at a CAGR of 3.8%
Temperature Sensor Market
The report "Temperature Sensor Market [https://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket] by Connectivity (Wired, Wireless), Contact Type (Thermocouple, Thermistor), Non-Contact Type (Infrared Temperature, Fiber Optic), Output (Digital, Analog), End Use Industry and Region - Global Forecast to 2030" The global temperature sensor market is projected to grow from USD 7.43 billion in 2025 to USD 8.94 billion by 2030, at a CAGR of 3.8% A temperature sensor is a measurement device used to monitor and control temperatures in machines and equipment used in industries, such as chemicals, oil & gas, consumer electronics, energy & power, automotive, healthcare, food & beverages, metals & mining, aerospace & defense, glass, and pulp & paper. The continuous demand for temperature sensors, which are integrated into devices, including wearable bands, smartphones, and patient monitoring devices, from industries such as consumer electronics and healthcare, is driving the temperature sensor market.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=10580366 [https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=522&utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket]
Browse 222 market data Tables and 62 Figures spread through 264 Pages and in-depth TOC on "Temperature Sensor Market"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html [https://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket]
Image: https://www.marketsandmarkets.com/Images/temperature-sensor-market.webp [https://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket]
Non-contact type to witness highest CAGR during forecast period.
These sensors measure the surface temperature of a body or object to be identified without any physical contact between the sensor and the measurement object. They are mainly used for small, moving, and inaccessible objects/sources/devices. Non-contact temperature sensors include infrared and fiber optic temperature sensors. Non-contact sensors are quicker than contact sensors and are used in various industrial applications. These sensors are often used when contact with the object is impossible, such as in hazardous environments. Some prominent companies offering non-contact temperature sensors are OMEGA Engineering Inc. (US) and TE Connectivity (Switzerland).
In terms of output, the digital segment is likely to record the highest CAGR from 2025 to 2030.
Digital temperature sensors are used in medical and aerospace verticals, test & measurement equipment, and industrial automation applications. Digital temperature sensors offer additional advantages regarding range-bound alert signaling, and the setpoints can be stored in non-volatile memory. Temperature sensors with digital output have several advantages over sensors with analog output and are mostly suited for remote applications. Digital temperature sensors find applications in medical and aerospace industries, test and measurement equipment, and industrial automation. Some prominent companies offering digital temperature sensors are TE Connectivity (Switzerland), Texas Instruments Incorporated (US), NXP Semiconductors (Netherlands), and STMicroelectronics (Switzerland). Digital temperature sensors can be categorized into single-channel and multi-channel temperature sensors.
Asia Pacific to hold the largest share of the temperature sensor market in 2030.
The presence of strong manufacturing bases, such as China, Japan, and South Korea, spurs the [https://www.marketsandmarkets.com/PressReleases/temperature-sensor.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket] in the Asia Pacific region. The thriving electrical and electronics industry in Asia Pacific also supports the growth of the temperature sensor market. Several electronic manufacturing companies outsource their production to countries in Asia to capitalize on the low-cost advantage provided by such countries. This is more distinct in segments with higher demand for labor-intensive work (passive electronic components and semiconductor assembly and testing operations) than those with relatively less labor-intensive work (semiconductor fabrication). Leading temperature sensor manufacturing companies, such as Yokogawa Electric Corporation (Japan) and Panasonic Corporation (Japan), are also based in the region.
Key Players
Key Players operating in the [https://www.marketsandmarkets.com/ResearchInsight/temperature-sensor-market.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=temperaturesensormarket] include Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), Siemens (Germany), Emerson Electric Co. (US), Analog Devices, Inc. (US), Amphenol Corporation (US), WIKA Alexander Wiegand SE & Co. KG (Germany), and Microchip Technology Inc. (US).
About MarketsandMarkets Trademark
MarketsandMarkets Trademark has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore Trademark , which integrates research and provides ecosystem-wide visibility into revenue shifts.
Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=temperature-sensor-market-worth-894-billion-by-2030-at-a-cagr-of-38]
Phone: 18886006441
Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445
City: Delray Beach
State: Florida
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Temperature Sensor Market worth $8.94 Billion by 2030, at a CAGR of 3.8% here
News-ID: 4158878 • Views: …
More Releases from ABNewswire
Drone Package Delivery Market to Soar from USD 693 Million (2024) to USD 4,666 M …
The Drone Package Delivery Market Value is projected to be USD 4,666 million by 2030, growing from USD 693 million in 2024, at a Compound Annual Growth Rate (CAGR) of 37.4% during the forecast period.
The [https://www.marketsandmarkets.com/Market-Reports/drone-package-delivery-market-10580366.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=dronepackagedeliverymarket] is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, growing at a CAGR of 37.4% during 2024-2030. Accelerated e-commerce logistics, expanding beyond-visual-line-of-sight (BVLOS) permissions, and…
Medical Robots Market Growth, Drivers, and Opportunities | MarketsandMarkets Tra …
The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share. Firms purchasing the report could use one or a combination of the below-mentioned five strategies.
Medical Robots Market [https://www.marketsandmarkets.com/Market-Reports/medical-robotic-systems-market-2916860.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=paidpr] in terms of revenue was estimated to be worth $16.0 billion in 2024 and is poised to reach $33.8 billion by 2029, growing…
Single-Use Bioreactors Industry worth $9.1 billion by 2029, with a CAGR of 15.4%
Global single-use bioreactors market valued at $4.1B in 2023, reached $4.4B in 2024, and is projected to grow at a robust 15.4% CAGR, hitting $9.1B by 2029.
The global Single Use Bioreactors Market [https://www.marketsandmarkets.com/Market-Reports/single-use-bioreactor-market-49113750.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=paidpr] is expected to grow from USD 4.4 billion in 2024 to USD 9.1 billion by 2029, at a CAGR of 15.4%. The single-use bioreactors (SUBs) market is driven by factors such as the growing adoption of single-use…
Healthcare Interoperability Solutions Market: Size and Share Insights
Global Healthcare interoperability solutions market valued at $3.0B in 2021, reached $3.4B in 2022, and is projected to grow at a robust 12.9% CAGR
The healthcare interoperability solutions industry is expected to grow significantly in the near future due to the increasing demand for healthcare data exchange and integration. The industry is driven by the growing focus on patient-centric care, increasing demand for cost-effective healthcare services, advances in technology, and the…
More Releases for Temperature
The principle of high temperature resistance of high temperature tape
High temperature tape is a kind of tape that can withstand high temperature, and it can be used in high temperature. Generally used in the electronics industry, its temperature resistance can reach 120 degrees -260 degrees , often used for painting, paint leather processing, coating cover and electronic parts in the process of fixing, printed circuit board and high temperature treatment cover use.
So, what is the principle of high temperature…
Advanced temperature monitoring for temperature-controlled transports with BLE t …
Stuttgart, June 5, 2024 - Arealcontrol, an innovative provider of telematics, IoT and IT solutions from the private cloud, is presenting an exciting new product today: BLE tags (Bluetooth Low Energy) with an integrated temperature sensor, which are certified according to DIN/EN 12830 and therefore meet the high requirements for pharmaceutical, chemical and food transportation. This solution makes it quick and easy to equip vehicles for temperature-controlled transportation and ensures…
Passive Temperature Controlled Packaging Market 2023-2032: Temperature-Controlle …
In a world where the pharmaceutical industry is experiencing unprecedented growth due to an expanding global population, particularly the elderly, and a rising number of communicable and non-communicable diseases, the demand for both prescription and non-prescription drugs has never been higher. This surge in critical pharmaceutical needs has become a driving force behind the remarkable growth of the global passive temperature-controlled packaging market.
Allied Market Research has recently unveiled a…
Pt500 Temperature Sensor Market: Increasing Need for Accurate Temperature Measur …
Global Pt500 Temperature Sensor Market Overview:
The Pt500 Temperature Sensor market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Pt500 Temperature Sensor market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Mine Temperature Transmitter Market Monitoring and Controlling Temperature in Mi …
Global Mine Temperature Transmitter Market Overview:
The Mine Temperature Transmitter market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Mine Temperature Transmitter market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Global Temperature Monitoring Devices Market | Global Temperature Monitoring Dev …
Temperature monitoring devices market comprises of the sales of temperature monitoring devices & related services which are used to autonomously record the temperature for particular period of time. These monitors assist in measuring a patient’s temperature during the postoperative care, critical care, shock, surgery, sepsis & infections, fertility & ovulation assessment, treatment of hypothermia & hyperthermia, or in other cases where there is a need to constantly monitor the body…
