Temperature sensor market is anticipated to grow at a CAGR of 5.8% during the forecast period (2024-2031). The global temperature sensor market is driven by the rising demand for temperature sensors in end-user industries such as healthcare, oil & gas, and food & beverage among others. Further, technological advancements in temperature sensing, such as multi-parameter temperature sensing, IoT-enabled sensors, and integration in consumer electronics, have increased the application scope for the product.

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The rising need to monitor perishable goods such as food, beverages, and pharmaceuticals in manufacturing units has driven the demand for temperature sensors in the food industry. In the automobile industry, temperature sensors are used to transmit and notify heat levels for automotive systems. Temperature sensors are used to maintain optimum temperatures in commercial and residential buildings, maintain worker safety in oil mining sites, and monitor temperature for chemical reactions in the chemical industry among others, creating scope for the growth of the product. To meet the increasing demand for temperature sensors across industries key players are launching new sensors. For instance, in September 2023, E+E Elektronik introduced the HTS801, a powerful humidity and temperature sensor for industrial applications on the market. The HTS801 sensing probes include a premium, heatable sensing element for accurate measurements, ensuring long-term stability even in the most complex environments.

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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others

Market Segmentation

Global Temperature Sensor Market by Product Type

Contact Temperature Sensors
Thermocouples
Resistive Temperature Detectors
Thermistors
Temperature Sensor ICs
Bimetallic Temperature Sensors
Non-contact Temperature Sensors
Infrared Temperature Sensors
Fiber Optic Temperature Sensors

Global Temperature Sensor Market by Connectivity

Wired
Wireless

Global Temperature Sensor Market by End-User

Chemicals
Oil & Gas
Consumer Electronics
Energy & Power
Healthcare
Automotive
Food & Beverages
Aerospace & Defense

Regional Analysis

North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa

Company Profiles 

Amphenol Corp.
DENSO Corp.
Emerson Electric Co.
Endress+Hauser AG
Infineon Technologies AG
Kongsberg Gruppen ASA
Microchip Technology Inc.
NXP Semiconductors N.V.
Okazaki Manufacturing Co.
OMRON Corp.
Renesas Electronics Corp.
Siemens AG
TDK Corp.
TE Connectivity Corp.
Texas Instruments Inc.

The Report Covers 

Market value data analysis of 2023 and forecast to 2031.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global temperature sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.

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