Press release
Soaring Demand Set to Propel Temperature Sensor Market to $14.03 Billion by 2029
Temperature Sensor Market
What Is the Expected CAGR for the Temperature Sensor Market Through 2025?
In recent times, there has been a significant expansion in the market size of temperature sensors. It is predicted to escalate from $9.48 billion in 2024 to $9.99 billion in 2025, showcasing a compound annual growth rate (CAGR) of 5.4%. The considerable growth during the previous years has been driven by industrial automation, consumer electronics, efforts towards energy efficiency, healthcare requirements, and food safety rules.
What's the Projected Size of the Global Temperature Sensor Market by 2029?
In the ensuing years, the temperature sensor market scale is predicted to witness robust expansion. It is projected to surge to $14.03 billion by 2029, with a compound annual growth rate (CAGR) of 8.9%. Various factors contributing to the anticipated growth in the study period include environmental monitoring, healthcare wearable devices, precision farming and agriculture, cold storage and logistics, and data center cooling. Key trends during the forecast period will involve miniaturization and IoT integration, non-contact temperature sensing, wireless temperature monitoring, industrial automation, and high-precision sensors.
View the full report here:
https://www.thebusinessresearchcompany.com/report/temperature-sensor-global-market-report
Top Growth Drivers in the Temperature Sensor Industry: What's Accelerating the Market?
The expansion of the healthcare sector is a significant contributor to the advancement of the temperature sensor market. The escalating healthcare industry requires the use of temperature sensors to ensure reliable and accurate temperature monitoring. These sensors find application in devices such as sleep apnea machines, digital thermometers, blood analyzers, anesthesia delivery machines, neonatal intensive care units for patient's temperature monitoring, ventilators, medical incubators, equipment for humidified oxygen heater's temperature monitoring and controlling, and kidney dialysis machines. For instance, a report by the India Brand Equity Foundation (IBEF) predicted that the healthcare sector is set to soar to USD372 billion by 2022. Therefore, the evolving healthcare sector is expected to bolster the temperature sensor market in the ensuing years.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5588&type=smp
What Trends Will Shape the Temperature Sensor Market Through 2029 and Beyond?
Advancements in technology are having a profound impact on the temperature sensor market. To reinforce their market standing, major market players are focusing on the creation of technically sophisticated temperature sensor devices. To illustrate, Apple, an American technology firm, incorporated temperature sensors into its Apple Watch Series 8 and Apple Watch Ultra models in July 2022. These watches are equipped with two temperature sensors, one located near the skin on the back crystal and another situated just beneath the display. These sensors were designed to take wrist temperature measurements during user's sleep, capturing readings every five seconds. This temperature information is subsequently stored in the Health app, allowing users to observe any night time changes in their body temperature.
What Are the Main Segments in the Temperature Sensor Market?
The temperature sensor market covered in this report is segmented -
1) By Product Type: Contact Temperature Sensors, Non-Contact Temperature Sensors
2) By Output: Digital, Analog
3) By Connectivity: Wired, Wireless
4) By End-User: Manufacturing Industry, Aerospace Industry, Energy Sector, Electronics Industry, HVAC Industry, Other End-Users
Subsegments:
1) By Contact Temperature Sensors: Thermocouples, Resistance Temperature Detectors (RTDs), Thermistors, Bimetallic Temperature Sensors, Surface Temperature Sensors
2) By Non-Contact Temperature Sensors: Infrared Sensors, Thermal Imaging Cameras, Laser Temperature Sensors, Fiber Optic Temperature Sensors
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=5588&type=smp
Which Top Companies are Driving Growth in the Temperature Sensor Market?
Major companies operating in the temperature sensor market include Siemens AG, NXP semiconductors N.V., Infineon Technologies AG, Texas Instruments Incorporated, Denso Corporation, Tyco Electronics Ltd Connectivity, Omron Corporation, Sensor Scientific Inc., Chicago Telephone Supply Corporation., WIKA Instruments India Pvt. Ltd., Keyence Corporation, Dwyer Instruments Ltd., Standex Electronics Inc., Thermocouple Technology LLC, Kelvin Technologies Inc., Thermo Sensors Corporation, Honeywell International Inc., Endress+Hauser Management AG, Maxim Integrated, Emerson Electric Co., Asea Brown Boveri, Kongsberg, Société de Techniques Microélectroniques, Amphenol Advanced Sensors, Sensata Technologies India Pvt. Ltd., Microchip Technology Inc., Omega Engineering Inc., Panasonic Corporation, Fluke Corporation, Danfoss A/S, Tokyo Denki Kagaku Kogyo Kabushiki-gaisha Corporation, Murata Manufacturing Co. Ltd., Vishay Intertechnology Inc., ON Semiconductor Corporation, Analog Devices Inc., Sensirion AG, Melexis NV, Elektronik Gesellschaft mit beschränkter Haftung, Heraeus Holding GmbH, Micro-Epsilon
Which Regions Will Dominate the Temperature Sensor Market Through 2029?
Asia-Pacific was the largest region in the temperature sensor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the temperature sensor market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5588
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Soaring Demand Set to Propel Temperature Sensor Market to $14.03 Billion by 2029 here
News-ID: 4258796 • Views: …
More Releases from The Business Research Company
Emerging Trends to Drive String Inverter Market Growth at 6.7% CAGR Through 2029
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
String Inverter Market Size Growth Forecast: What to Expect by 2025?
There has been a consistent increase in the size of the string inverter market over the recent years. The market, which is worth $4.12 billion in 2024, is expected to see a rise to $4.28 billion in 2025,…
Solar Inverter Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Solar Inverter Industry Market Size Be by 2025?
There has been a robust expansion in the size of the solar inverter market in the past few years. The projections indicate a growth from $16.63 billion in 2024 to $18.23 billion in 2025, signifying a compound annual…
Driving Forces Behind The Smart Electric Meter Market Is Global Power Demand Sur …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Smart Electric Meter Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The growth trajectory of the smart electric meter market size has been impressive in the past few years. The market is predicted to surge from $22.46 billion in 2024 to $23.69 billion in 2025,…
Servo Motors and Drives Market Expected to Achieve 6.1% CAGR by 2029: Growth For …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Servo Motors and Drives Market Size By 2025?
The market size for servo motors and drives has seen substantial growth in the past few years. The market is predicted to expand from $16.26 billion in 2024 to $17.16 billion in 2025, with a compound annual…
More Releases for Sensor
Ultrasonic Oxygen Sensor Market, Ultrasonic Oxygen Sensor Market Size, Ultrasoni …
Fairfield Market Research offers a complete understanding of the Global Ultrasonic Oxygen Sensor Market in its latest research report. The report includes an unbiased analysis of the market dynamics. The report covers growth prospects, market development potential, product profitability, supply and demand curves and predictions, and government policies. The report has been put together using reliable tools to assess the primary and secondary data. The data is represented in the…
Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering.
The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering…
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for…
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,…
Biochemical Sensor Market Report 2018: Segmentation by Product (Electrochemical …
Global Biochemical Sensor market research report provides company profile for GE Healthcare (U.S.), Thermo Fisher Scientific. (U.S.), Honeywell International Inc. (U.S.), Bio-Rad Laboratories Inc. (U.S.), Polestar Technologies Inc. (U.S.), Microchip Technology Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
This research report is equipped with the information categorizing Smart Wearable Fitness Devices…
