Press release
Temperature Sensor Market is Estimated to Reach USD 8.97 Billion by 2030: Cognitive Market Research
Temperature Sensor Market is Estimated to Reach USD 8.97 Billion by 2030: Cognitive Market Research
A temperature sensor is a device used to measure temperature. This can be air temperature, liquid temperature, or the temperature of solid matter. The voltage across the diode determines the working of a temperature meter. The change of temperature varies directly proportional to the diode's resistance. The cooler the temperature, the lesser the resistance will be, and vice-versa. There are various kinds of temperature sensors available, and they all monitor temperature using various technologies and philosophies. It includes thermistors, RTDs, thermocouples, and temperature probes. Temperature sensors are utilized in our daily lives, be it in the form of domestic water heaters, thermometers, refrigerators, or microwaves.
Summary:
As per the study of CMR, The Global Temperature Sensor market size was USD 5.83 Billion in 2022 and it will reach USD 8.97 Billion by 2030. The global industry is expected to expand at a CAGR of 4.9% between 2023 - 2030.
To know more about The Temperature Sensor Market statistics click here: https://www.cognitivemarketresearch.com/temperature-sensor-market-report
What are the driving factors for the global temperature sensor market?
The main factors driving the global temperature sensor market are the rising demand for temperature sensors from a variety of industries, including oil & gas, the food processing industry, and others, as well as the growing adoption of temperature sensors in cutting-edge & portable healthcare equipment. The market for temperature sensors is being driven by the desire for cutting-edge, portable medical equipment. The demand for temperature sensors is rising as more medical devices, including patient monitoring systems and portable health monitoring systems, are used. The market for temperature sensors may benefit from the growing usage of wearable technology to monitor a variety of indicators, including heart rate and body temperature, as well as from the emergence of new technologies. The market's expansion, may be hampered by fluctuations in the cost of raw materials.
Market Segmentation:
Type:
• Contact Type
• Non-Contact Type
Contact-type temperature sensors are bifurcated into, Thermisters, thermocouples, temperature sensor ICs, bimetallic temperature sensors, and others. Further, noncontact type temperature devices are further classified into infrared temperature sensors and fiber optic temperature sensors. The contact type segment is dominating the market. The usage of these sensors in a variety of processes, including metal treatment, petrochemical processing, power generation, waste treatment, and diesel engine testing, is promoting the expansion of this market.
Output:
• Analog
• Digital
Connectivity:
• Wired
• Wireless
Application:
• Healthcare
• Consumer electronics
• Automotive
• Aerospace & Defense
• Food & Beverages
• Energy & power
• Oil & Gas
• Others
Competitive Analysis of Temperature Sensor Market: ABB Limited, Amphenol Corporation, Analog Devices Inc., Global Mixed Mode Technology Inc., Honeywell International Inc., Integrated Device Technology Inc., Kongsberg Gruppen, Maxim Integrated Products Inc., Microchip Technology Inc., Nxp Semiconductors N.V., On Semiconductor Corporation, Siemens
Get free sample pages of the latest published Temperature Sensor Market Report: https://www.cognitivemarketresearch.com/temperature-sensor-market-report
Temperature Sensor Market Regional Analysis:
The market for temperature sensors is largely dominated by North America. The main factors influencing the growth of the temperature sensor market in North America are an increase in elderly populations, rising investment in research & development, and well-developed healthcare infrastructure. During the course of the projection, this region is anticipated to continue its dominance. On the other hand, the market in Europe is expanding significantly as a result of growing awareness of the benefits of temperature sensors in a variety of industries, including food and beverage, oil and gas, healthcare, and others.
Temperature Sensor Market Industry News:
Sub-Zero Temperature Sensor Introduced by Swift Sensors to Comply with COVID-19 Vaccine Monitoring and Storage Standards (January 2021)
Storage temperatures remotely, automate data logging, and act quickly in the event of an equipment failure or power outage, Swift Sensors, a provider of industrial IoT sensor solutions, has announced the launch of its secure wireless vaccine storage unit monitoring and alert system.
Browse Here For Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global Temperature Sensor Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Temperature Sensor Market Segmentation
1.5.1 Temperature Sensor Market Regional Fragmentation
1.5.1 Temperature Sensor Market Players
• 1.6 Report Duration
• 1.7 List of Stakeholders
Chapter 2 Research MethodologyReview Complete Research Methodology
Chapter 3 Executive Summary of Temperature Sensor Market
• 3.1 Global Temperature Sensor Market Size 2018 - 2030, (USD Million)
• 3.2 Global Temperature Sensor Value, Absolute & Opportunity Analysis
• 3.3 Global Temperature Sensor Market Y-o-Y Growth Rate Projection by Region (2023 - 2030)
• 3.4 Global Temperature Sensor Market Statistics 2022: Snapshot
Chapter 4 Global Temperature Sensor Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Environmental, Social, and Governance (ESG) Analysis
Chapter 7 Qualitative Analysis
Chapter 8 Company Profiling (Subject to Availability)
Chapter 9 Global Temperature Sensor Market by Type Segmentation Analysis (2018-2030)
Chapter 10 Global Temperature Sensor Market by Application Segmentation Analysis (2018-2030)
Chapter 11 Global Temperature Sensor Market by Output Segmentation Analysis (2018-2030)
Chapter 12 Global Temperature Sensor Market by Connectivity Segmentation Analysis (2018-2030)
Chapter 13 Global Temperature Sensor Market Regional Analysis
Chapter 14 North America Temperature Sensor Market Outlook (2018 - 2030)
Chapter 15 Europe Temperature Sensor Market Outlook (2018 - 2030)
Chapter 16 Asia Pacific Temperature Sensor Market Outlook (2018 - 2030)
Chapter 17 Latin America Temperature Sensor Market Outlook (2018 - 2030)
Chapter 18 Middle East and Africa Temperature Sensor Market Outlook (2018 - 2030)
Chapter 19 Research Findings
Customize the Report Edition (Is applicable, On Request, Subject to Data Available, At an Additional Cost)
To know more about The Temperature Sensor Market TOC click here: https://www.cognitivemarketresearch.com/temperature-sensor-market-report#table_of_contents
Related Report:
• Biomedical Temperature Sensors Market- https://www.cognitivemarketresearch.com/biomedical-temperature-sensors-market-report
• Remote Temperature Sensors Market- https://www.cognitivemarketresearch.com/remote-temperature-sensors-market-report
• Temperature Alarm Market- https://www.cognitivemarketresearch.com/temperature-alarm-market-report
• Semiconductor Devices for High Temperature Market- https://www.cognitivemarketresearch.com/semiconductor-devices-for-high-temperature-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
USA: +1 312-376-8303
Europe and UK: (+44) 20-8144-9523
Asia Pacific: (+852) 81930785
Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly
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