According to the latest report by IMARC Group, title “ Temperature Sensors Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2023-2028.’ the study provides a detailed analysis of the industry, including the global temperature sensors market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
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The global temperature sensors market size is expected to exhibit a growth rate (CAGR) of 5.1% during 2023-2028.
What is Temperature Sensors?
Temperature sensors refer to electronic devices that are widely used for measuring and detecting temperature. They are usually equipped with metals that aid in converting the input data into electronic data for signaling temperature changes and readings in numerous applications and industries. In line with this, temperature sensors are durable and have a low initial cost, high-speed response, remarkable accuracy, etc. They are commonly available in the form of contact and non-contact physical types. As such, temperature sensors are extensively utilized in wellhead and chemical tanks, flare systems, compressors for data collection, etc.

What are the growth prospects and trends in the temperature sensors industry?
The inflating need for faster processors, smaller system sizes, and supporting advanced applications in personal computing is primarily driving the temperature sensors market. Additionally, the widespread adoption of desktop and portable computers and the rising utilization of heating, ventilation, and air conditioning (HVAC) modules in the automotive sector are further catalyzing the market growth. Besides this, leading manufacturers operating across the food and beverage (F&B) industry are relying on temperature sensors to maintain higher quality and consistency, which is acting as another significant growth-inducing factor.
Moreover, the growing levels of industrialization, extensive investments in offshore exploration projects, and numerous R&D activities are positively influencing the global market. Apart from this, the introduction of advanced security systems, owing to the increasing focus on surveillance, is also stimulating the market growth. Furthermore, the development of portable healthcare equipment, on account of the escalating demand for patient monitoring systems, the expanding geriatric population, and the sudden outbreak of the COVID-19 pandemic, is expected to fuel the temperature sensors market over the forecasted period.
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Who are the key players operating in the industry?
The report covers the major market players including:
Some of these key players include:
- ABB Ltd.
- Amphenol Corporation
- Analog Devices Inc.
- Continental AG
- Emerson Electric Co.
- Honeywell International Inc.
- Microchip Technology Inc.
- NXP Semiconductors N.V.
- OMRON Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Siemens AG
- STMicroelectronics
- TE Connectivity
- Texas Instruments Incorporated.
Key Market Segmentation:
The report has segmented the global temperature sensors market on the basis of connectivity, technology and end use industry.
Breakup by Connectivity:
- Wired
- Wireless
Breakup by Technology:
- Infrared
- Thermocouple
- Resistance Temperature Detectors (RTD)
- Thermistor
- Temperature Transmitters
- Fiber Optic
- Others
Breakup by End Use Industry:
- Chemical and Petrochemical
- Oil and Gas
- Metal and Mining
- Power Generation
- Food and Beverage
- Automotive
- Medical
- Aerospace and Military
- Consumer Electronics
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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