Temperature Sensor Market Analysis

  • Report ID: 4935
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Temperature Sensor Market Analysis

End-User (Healthcare, Consumer Electronics, Automotive, Aerospace & Defense, Food & Beverages, Energy & Power, Oil & Gas, Chemicals)

The oil & gas end-use segment in the temperature sensor market is anticipated to register highest revenue by 2037. The growth of the segment can be attributed to growing production of oil and gas. Monitoring the temperature of machinery, pipelines, and other elements involved in the production of oil and gas may assist with maintain safe operations. Temperature sensors have the ability to sound alarms or initiate automatic shutdowns when temperatures exceed safe limits, protecting against equipment failure or accidents.

Additionally, underground reservoir temperatures are monitored by temperature sensors, which may offer important information on oil and gas resources. Operators may optimize production operations and make educated judgements by observing variations in reservoir temperature since these changes may additionally be seen in fluid characteristics, pressure, and other parameters.

Type (Thermocouple, Thermistor, Resistance Temperature Detector, Semiconductor Temperature Sensor, Infrared Temperature Sensor)

The thermocouple segment is expected to have significant growth till 2037. From extremely low temperatures (-200°C or below) to extremely high temperatures (up to 2,300°C), thermocouples are capable of tracking temperatures over a very broad range. They are therefore perfect for use in a variety of situations, including as industrial, academic, and laboratory ones.

Additionally, thermocouples are strong and resistant to shock, vibration, and other environmental variables since they are quite simple to build and don't have any moving components. Thermocouples are reasonably priced in comparison to other kinds of temperature sensors, such as thermistors and RTDs (Resistance Temperature Detectors). They are therefore a sensible choice financially for many applications.

Our in-depth analysis of the global market includes the following segments:

          Type

  • Thermocouple
  • Thermistor
  • Resistance Temperature Detector [RTD]
  • Semiconductor Temperature Sensor
  • Infrared Temperature Sensor

           End-User

  • Healthcare
  • Consumer Electronics
  • Automotive
  • Aerospace & Defense
  • Food & Beverages
  • Energy & Power
  • Oil & Gas
  • Chemicals
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Author Credits:  Abhishek Verma


  • Report ID: 4935
  • Published Date: Oct 14, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of temperature sensor is assessed at USD 9.04 billion.

The temperature sensor market size was over USD 8.69 billion in 2024 and is poised to reach USD 16.45 billion by the end of 2037, growing at around 5.2% CAGR during the forecast period i.e., between 2025-2037. The market growth is driven by growing construction activities, rise in adoption of vehicles, surge in demand for smartphones, and others.

North American industry is set to have the highest growth through 2037, backed by growing adoption of IoT along with surge in urban population.

The major players in the market include Honeywell International Inc., Texas Instruments Incorporated, TE Connectivity Corporation, STMicroelectronics, Amphenol Corporation, NXP Semiconductors, Infineon Technologies AG, Analog Devices, Inc., Siemens AG, Emerson Electric Co.
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