Temperature Sensor Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Temperature Sensor Market By Type (Wired and Wireless), By Technology (Infrared, Thermocouple, Resistance Temperature Detectors (RTD), Thermistor, Temperature Transmitters, Fiber Optic and Others), By End-user Industry (Chemical & Petrochemical, Oil & Gas, Metal & Mining, Power Generation, Food & Beverage, Automotive, Medical, Aerospace & Military, Consumer Electronics and Other End User Industries),  and Geography

 

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Description

Global Temperature Sensor Market Report Description:

Global temperature sensor market report gives comprehensive outlook on temperature sensor across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The report on global temperature sensor market gives historical, current, and future market sizes (US$ Mn) on the basis of type, technology, end user industry and region. This report studies global temperature sensor market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global temperature sensor market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global temperature sensor market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global temperature sensor market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global temperature sensor products.

 

Global Temperature Sensor Market:

The global temperature sensor market valued US 8.1 Bn in 2019 and is poised to grow with a CAGR of 4.2% over 2020-2026. Some of the key factors fostering the market growth include growing demand in automotive sector, demand for contactless temperature sensors, rising acceptance of home and building automation systems, growing demand for wearable in consumer electronics and increasing inclination of security and inspection. Also, rising need for temperature control for food safety management provides huge opportunity for the market. However, intense competition among manufacturers and fluctuating raw material prices are inhibiting the market growth.

 

Oil & Gas Accounts for Larger Market Revenue Share in Global Temperature Sensor Market

Oil & Gas segment accounted for larger revenue share in global temperature sensor market with a significant CAGR and is expected to grow over the forecast years. Temperature sensors are used in numerous oil and gas applications in upstream, midstream, and downstream processes. These sensors are used to detect the temperature of oil wells and are installed in reactors, pumps, and steam drums. As the sensors need to be absorbed during oil exploration, the demand for non-contact infrared sensors that can operate under high temperature and can be exposed to corrosion is increasing. These factors are influencing the growth of this segment in the market.

 

North America Accounts for Larger Market Revenue Share in Global Temperature Sensor Market

North America accounted for considerable revenue share in global temperature sensor market and is expected to grow over the forecast years. The Americas will be the major revenue contributor to the market due to the growing construction of smart homes and the growth of the automotive industry. Furthermore, the extensive industrial growth and the growing demand for consumer electronics, will also contribute to the growth of the market in the Americas. Asia Pacific is projected to considerable growth during the forecast period. China, India and Japan are the major contributors to the growth of the industry in the region. Fast track industrialization across the APAC region has created conducive environment for the growth of the market.

 

Competition Assessment

Key player’s profiles in the global market include:

  • Delphi Automotive LLP
  • JIANGXI HAOFENG ELECTRIC APPLIANCES CO., LTD.
  • Okazaki Manufacturing Company
  • Sensata Technologies, Inc.
  • Robert Bosch GmbH
  • Delphi Automotive LLP
  • NXP Semiconductors
  • Continental AG

 

Global temperature sensor market is surging owing to strategic alliances by key players for temperature sensor to meet the demands of the customers in the market. For Instance,

  • In November 2019, Azbil Corporation launched a sealing temperature sensor for HVAC building automation. The sensor has a faster response time and increased accuracy, making it a prominent choice for indoor applications.
  • In Oct 2019 – RS Components (RS), the trading brand of Electrocomponents plcintroduced the RS PRO infrared temperature sensor, a low-cost non-contact voltage-output temperature sensor designed for factory maintenance, repair, and operations (MRO) in smart manufacturing environments.

 

Key Findings of the Report:

  • Global temperature sensor market expanding at significant CAGR over 2020 to 2026 due to acceptance of home and building automation systems
  • Based on region, North America accounted for considerable market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global temperature sensor market

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Type                     

  • Wired
  • Wireless

        

By Technology                       

  • Infrared
  • Thermocouple
  • Resistance Temperature Detectors (RTD)
  • Thermistor
  • Temperature Transmitters
  • Fiber Optic
  • Others

 

By End-user Industry            

  • Chemical & Petrochemical
  • Oil & Gas
  • Metal & Mining
  • Power Generation
  • Food & Beverage
  • Automotive
  • Medical
  • Aerospace & Military
  • Consumer Electronics
  • Other End User Industries                        

                                

By Geography

 

North America

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • Au & NZ
  • Rest of Europe

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa

  • GCC
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

Competition Assessment

Key player’s profiles in the global temperature sensor market include:

  • Delphi Automotive LLP
  • JIANGXI HAOFENG ELECTRIC APPLIANCES CO., LTD.
  • Okazaki Manufacturing Company
  • Sensata Technologies, Inc.
  • Robert Bosch GmbH
  • Delphi Automotive LLP
  • NXP Semiconductors
  • Continental AG

Table of Content

  1. Executive Summary
  2. Global Temperature Sensor Market Introduction
    • Global Temperature Sensor Market – Taxonomy
    • Global Temperature Sensor Market –Definitions
      • Type
      • Technology
      • End-user Industry
  1. Global Temperature Sensor Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Temperature Sensor Market Dynamic Factors – Impact Analysis
    • Global Temperature Sensor Market – Competition Landscape
  2. Global Temperature Sensor Market Analysis,2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis,2015 – 2019 and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Temperature Sensor Market, By Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Wired
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Wireless
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Temperature Sensor Market, By Technology, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Infrared
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Thermocouple
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Resistance Temperature Detectors (RTD)
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Thermistor
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Temperature Transmitters
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Fiber Optic
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Temperature Sensor Market, By End-user Industry, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Chemical & Petrochemical
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Oil & Gas
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Metal & Mining
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Power Generation
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Food & Beverage
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Automotive
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Medical
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Aerospace & Military
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Consumer Electronics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Other End User Industries
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Temperature Sensor Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Temperature Sensor Market – Opportunity Analysis Index, By Type, Technology, End-user Industry and Region, 2020 – 2026
  2. North America Temperature Sensor Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Wired
      • Wireless
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared
      • Thermocouple
      • Resistance Temperature Detectors (RTD)
      • Thermistor
      • Temperature Transmitters
      • Fiber Optic
      • Others
    • End-user Industry Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Chemical & Petrochemical
      • Oil & Gas
      • Metal & Mining
      • Power Generation
      • Food & Beverage
      • Automotive
      • Medical
      • Aerospace & Military
      • Consumer Electronics
      • Other End User Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Temperature Sensor Market – Opportunity Analysis Index, By Type, Technology, End-user Industry and Country, 2020 – 2026
    • North America Temperature Sensor Market Dynamics – Trends
  3. Europe Temperature Sensor Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Wired
      • Wireless
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared
      • Thermocouple
      • Resistance Temperature Detectors (RTD)
      • Thermistor
      • Temperature Transmitters
      • Fiber Optic
      • Others
    • End-user Industry Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Chemical & Petrochemical
      • Oil & Gas
      • Metal & Mining
      • Power Generation
      • Food & Beverage
      • Automotive
      • Medical
      • Aerospace & Military
      • Consumer Electronics
      • Other End User Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • United Kingdom
      • Germany
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Europe Temperature Sensor Market – Opportunity Analysis Index, By Type, Technology, End-user Industry and Country, 2020 – 2026
    • Europe Temperature Sensor Market Dynamics – Trends
  4. Asia-Pacific Temperature Sensor Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Wired
      • Wireless
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared
      • Thermocouple
      • Resistance Temperature Detectors (RTD)
      • Thermistor
      • Temperature Transmitters
      • Fiber Optic
      • Others
    • End-user Industry Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Chemical & Petrochemical
      • Oil & Gas
      • Metal & Mining
      • Power Generation
      • Food & Beverage
      • Automotive
      • Medical
      • Aerospace & Military
      • Consumer Electronics
      • Other End User Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • China
      • Japan
      • Australia & New Zealand
      • Rest of APAC
    • Asia-Pacific Temperature Sensor Market – Opportunity Analysis Index, By Type, Technology, End-user Industry and Country,2020 – 2026
    • Asia-Pacific Temperature Sensor Market Dynamics – Trends
  5. Latin America Temperature Sensor Market Analysis,2015 – 2019and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Wired
      • Wireless
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared
      • Thermocouple
      • Resistance Temperature Detectors (RTD)
      • Thermistor
      • Temperature Transmitters
      • Fiber Optic
      • Others
    • End-user Industry Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Chemical & Petrochemical
      • Oil & Gas
      • Metal & Mining
      • Power Generation
      • Food & Beverage
      • Automotive
      • Medical
      • Aerospace & Military
      • Consumer Electronics
      • Other End User Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Rest of LATAM
    • Latin America Temperature Sensor Market – Opportunity Analysis Index, By Type, Technology, End-user Industry and Country, 2020 – 2026
    • Latin America Temperature Sensor Market Dynamics – Trends
  6. Middle East and Africa Temperature Sensor Market Analysis, 2015 – 2019and Forecast, 2020 – 2026(Revenue, USD Mn)
    • Type Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Wired
      • Wireless
    • Technology Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Infrared
      • Thermocouple
      • Resistance Temperature Detectors (RTD)
      • Thermistor
      • Temperature Transmitters
      • Fiber Optic
      • Others
    • End-user Industry Analysis 2015 – 2019 and Forecast 2020 – 2026by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
      • Chemical & Petrochemical
      • Oil & Gas
      • Metal & Mining
      • Power Generation
      • Food & Beverage
      • Automotive
      • Medical
      • Aerospace & Military
      • Consumer Electronics
      • Other End User Industries
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • GCC Countries
      • South Africa
      • Rest of MEA
    • MEA Temperature Sensor Market – Opportunity Analysis Index, By Technology, End User, Technology, Technology, and Country, 2020 – 2026
    • MEA Temperature Sensor Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Technology& Service Types, Key Developments, Strategies, and SWOT Analysis)
      • Delphi Automotive LLP
      • JIANGXI HAOFENG ELECTRIC APPLIANCES CO., LTD.
      • Okazaki Manufacturing Company
      • Sensata Technologies, Inc.
      • Robert Bosch GmbH
      • Delphi Automotive LLP
      • NXP Semiconductors
      • Continental AG
  1. Research Methodology
  2. Key Assumptions and Acronyms

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