Temperature Sensor Market 2018 – Global Industry Trends and Demand Forecast to 2024


Posted January 9, 2018 by Nikhildev0505

Global Temperature Sensor Market By Type {Resistive Temperature Detector (RTD), Infrared Temperature Sensor, Thermistor, Fiber Optic, Thermocouple, IC Temperature Sensor, Bimetallic, MEMS Bases.

 
According to a new report published by Data Bridge Market Research, titled, Global Temperature Sensor Market – Industry Trends and Forecast to 2024, The 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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Market Definition: Global Temperature Sensor Market
Temperature sensor is an electronic device, which provides the temperature measurement through an electrical signal.

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

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Market Segmentation: Global Temperature Sensor Market
Global 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 marketreport 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.
Competitive Analysis: Global Temperature Sensor Market
Temperature sensor market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of temperature sensor market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors: Global Temperature Sensor Market
Some of the major players operating in 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, STMicroelectronics, Microchip Technology Inc., NXP Semiconductors N.V., Maxim Integrated, and Mouser Electronics, Inc., among others..

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Issued By data bridge market research
Country India
Categories Electronics , Research , Semiconductors
Tags global temperature sensor analysis , global temperature sensor industry analysis , global temperature sensor market analysis , global temperature sensor market overview , global temperature sensor opportunities analysis
Last Updated January 9, 2018