According to a new market research report published by Credence Research “Temperature Sensors Market (Product Type — Thermistor, Thermocouple, Resistance Temperature Detectors (RTD), Infrared Temperature Sensors, Fiber Optic Temperature Sensors, Bimetallic Temperature Sensors and Others; Sensing Method — Contact-based and Contactless Temperature Sensors) — Growth, Future Prospects and Competitive Analysis, 2017–2025”, the worldwide market for temperature sensors is set to grow with a CAGR of 3.8% over the 2017 forecast period to 2025.
Market Insights
Temperature sensor refer to the instrumentation device used to measure the temperature of a specified object / load. These sensors are widely used in a variety of applications including industrial production and processing, automotive, heat, ventilation, air conditioning (HVAC), food & beverage, petroleum & gas and many others. Temperature sensors are among the most prominent instrumentation systems in these verticals. Accurate temperature measurements may cause harm to significant industrial as well as residential facilities. Subsequently, temperature sensors have experienced deep penetration across distinct apps over time. The most common kinds of temperature sensors include contact-based and contact-free temperature sensors.
Browse the full report at https://www.credenceresearch.com/report/temperature-sensors-market
Consistently growing industrial manufacturing & processing industry is the main driver of the global market for temperature sensors. Mainly driven by China, Japan, South Korea and India, Asia Pacific is the world’s most promising market for temperature sensors. With fast industrialization across the region, the demand for associated instrumentation systems (such as temperature sensors) is expected to stay powerful in the years to come. In addition, the demand for temperature sensors is motivated by the increasing penetration of smartphones and other electronic temperature sensors.
The general market for temperature sensors is segmented on the grounds of the product type and the measurement process. Based on the product type, the market is divided into thermistor, thermocouple, heat resistance detectors (RTD), infrared temperature sensors, fiber optic temperature sensors, bimetallic temperature sensors and others. Based on the sensing technique, the market is classified as contact-based and contactless temperature sensors. As of 2016, the global market for temperature sensors is driven by the contact-based temperature sensors segment, accounting for more than sixty percent of total industry income. This is due to their low price, easy design and long-term market presence.
On the basis of geographic regions, the market is classified into North America, Europe, Asia Pacific and rest of the world (RoW). As of 2016, the overall temperature sensors market is collectively led by the Europe and Asia Pacific region. In the following years, Asia Pacific is set to continue dominating the overall temperature sensors.
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Some of the major players profiled in the report are Texas Instruments, Inc., Microchip Technology, Inc., Analog Devices, Inc., Honeywell International, Inc., Infineon Technologies AG, STMicroelectronics N.V., General Electric (GE) Company, ABB Ltd., Maxim Integrated Products, Inc., ON Semiconductor, Atmel Corporation, Calex Electronics Ltd., Panasonic Corporation and others.
By Product Type
Thermistor
Thermocouple
Resistance Temperature Detectors (RTD)
Infrared Temperature Sensors
Fiber Optic Temperature Sensors
Bimetallic Temperature Sensors
Others
By Sensing Method Type
Contact-based Temperature Sensors
Contactless Temperature Sensors
By Geography Segment
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America
Do Inquiry before buying report at https://www.credenceresearch.com/inquiry-before-buying/58568
Market Insights
Temperature sensor refer to the instrumentation device used to measure the temperature of a specified object / load. These sensors are widely used in a variety of applications including industrial production and processing, automotive, heat, ventilation, air conditioning (HVAC), food & beverage, petroleum & gas and many others. Temperature sensors are among the most prominent instrumentation systems in these verticals. Accurate temperature measurements may cause harm to significant industrial as well as residential facilities. Subsequently, temperature sensors have experienced deep penetration across distinct apps over time. The most common kinds of temperature sensors include contact-based and contact-free temperature sensors.
Browse the full report at https://www.credenceresearch.com/report/temperature-sensors-market
Consistently growing industrial manufacturing & processing industry is the main driver of the global market for temperature sensors. Mainly driven by China, Japan, South Korea and India, Asia Pacific is the world’s most promising market for temperature sensors. With fast industrialization across the region, the demand for associated instrumentation systems (such as temperature sensors) is expected to stay powerful in the years to come. In addition, the demand for temperature sensors is motivated by the increasing penetration of smartphones and other electronic temperature sensors.
The general market for temperature sensors is segmented on the grounds of the product type and the measurement process. Based on the product type, the market is divided into thermistor, thermocouple, heat resistance detectors (RTD), infrared temperature sensors, fiber optic temperature sensors, bimetallic temperature sensors and others. Based on the sensing technique, the market is classified as contact-based and contactless temperature sensors. As of 2016, the global market for temperature sensors is driven by the contact-based temperature sensors segment, accounting for more than sixty percent of total industry income. This is due to their low price, easy design and long-term market presence.
On the basis of geographic regions, the market is classified into North America, Europe, Asia Pacific and rest of the world (RoW). As of 2016, the overall temperature sensors market is collectively led by the Europe and Asia Pacific region. In the following years, Asia Pacific is set to continue dominating the overall temperature sensors.
Download Free PDF Sample Request: https://www.credenceresearch.com/sample-request/58568
Some of the major players profiled in the report are Texas Instruments, Inc., Microchip Technology, Inc., Analog Devices, Inc., Honeywell International, Inc., Infineon Technologies AG, STMicroelectronics N.V., General Electric (GE) Company, ABB Ltd., Maxim Integrated Products, Inc., ON Semiconductor, Atmel Corporation, Calex Electronics Ltd., Panasonic Corporation and others.
By Product Type
Thermistor
Thermocouple
Resistance Temperature Detectors (RTD)
Infrared Temperature Sensors
Fiber Optic Temperature Sensors
Bimetallic Temperature Sensors
Others
By Sensing Method Type
Contact-based Temperature Sensors
Contactless Temperature Sensors
By Geography Segment
North America
Europe
Asia Pacific (APAC)
Middle East & Africa (MEA)
Latin America
Do Inquiry before buying report at https://www.credenceresearch.com/inquiry-before-buying/58568
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