Know about the Future of Global Temperature Sensor Market and what makes it a booming industry?

“Major Players Operating in the Temperature Sensor Market are Texas Instruments Incorporated, Panasonic Corporation, Siemens AG, Honeywell International Inc., ABB Ltd., Analog Devices, Inc., General Electric, Kongsberg Gruppen, Emerson Electric Company, ST”
Global Temperature Sensor Market By Type {Resistive Temperature Detector (RTD), Infrared Temperature Sensor, Thermistor, Fiber Optic, Thermocouple, IC Temperature Sensor, Bimetallic, MEMS Bases, Others}; Application (Consumer Electronics, Automotive, Aerospace and Defence, Healthcare, Chemical, Oil & Gas, Energy and Power, Food & Beverage, Retail sector, Manufacturing); Geography– Global Industry Trends and Forecast to 2024

Global Temperature Sensor Market accounted to USD 5.0 billion in 2016 growing at a CAGR of 4.8% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Major Market Drivers and Restraints:

  • Increasing use advanced and portable healthcare equipment
  • Fast growingautomotive sector
  • Increasing use of home and building automation
  • Increasing use in food and safety management 

The global temperature sensor market is segmented on the basis of product type, application, and geography.

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On the basis of product type, the temperature sensor market is segmented into resistive temperature detector (RTD), infrared temperature sensor, thermistor, fiber optic, thermocouple, IC temperature sensor, bimetallic, MEMS bases, and others.

On the basis of product type, the temperature sensor market is segmented into resistive temperature detector (RTD), infrared temperature sensor, thermistor, fiber optic, thermocouple, IC temperature sensor, bimetallic, MEMS bases, and others.

On the basis of application, the temperature sensor market is segmented into consumer electronics, automotive, aerospace and defence, healthcare, chemical, oil & gas, energy and power, food & beverage, retail sector, manufacturing.

On the basis of geography, temperature sensor market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Major Players Operating in this market are

  • Texas Instruments Incorporated
  • Panasonic Corporation, Siemens AG
  • Honeywell International Inc.
  • ABB Ltd.
  • Analog Devices, Inc.
  • General Electric
  • Kongsberg Gruppen
  • Emerson Electric Company
  • STMicroelectronics
  • Microchip Technology Inc.
  • NXP Semiconductors N.V.
  • Maxim Integrated
  • Mouser Electronics, Inc.

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