Temperature Sensor Market Size

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. In the year 2025, the industry size of temperature sensor is assessed at USD 9.04 billion. Temperature sensors are becoming necessary as industries become more automated in order to monitor and regulate processes.

Moreover, temperature sensors are widely employed in environmental monitoring for measuring temperature and offer vital information about the environment under observation. Hence, there usage is growing in weather stations.

Furthermore, with growing demand for food the need for temperature monitoring is also growing. The world would need to increase food production by approximately 59–69% by 2050 in order to feed more than 10 billion people. Also, temperature sensors are used in agriculture to measure soil temperatures to determine the best time to plant crops and to measure greenhouse temperatures to provide the best growing conditions.

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.

Temperature Sensor Market Size