Global Temperature Probes/Sensors Market is expected to grow at a significant CAGR in the upcoming years as the scope and its applications are increasing across the globe. A device that measures the amount of heat energy or even coldness that is generated by a system is referred to a temperature sensor. Temperature sensors play a significant role in various industries such as medicine, automotive, food, etc.
The factors that propel the growth of the Temperature Probes/Sensors Market include increasing demand, rapid urbanization & industrialization, and product development & technological innovations. In addition, factors such as change in standard of living, rise in disposable income, increasing R&D undertakings, growing security concerns and miniaturization & upgraded communication capabilities significantly contribute to the market growth.
On the other hand, there are also factors that may hamper the growth of the market such as environmental influence on sensors. The market is classified on the basis of product type, sensing method, applications, distribution channel and geography. Temperature Probes/Sensors Industry is categorized by product type as Bimetallic Temperature Sensor, Fiber Optic Temperature Sensor, Infrared Temperature Sensor, Resistance Temperature Detectors, Thermistor, Thermocouple, and others.
Temperature Probes/Sensors Market is segmented by sensing method as non-contact temperature sensors and contact temperature sensors. The market is classified on applications as automotive industry, electronics, food and beverage, industries, medical, oil and gas, and others. Temperature Probes/Sensors Industry is segmented by distribution channel as online stores, specialty stores and others.
Temperature Probes/Sensors Market is classified on the basis of geography as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East and Africa. The North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. The Western European region consists of Germany, Italy, France, England and Spain. The Eastern European region consists of Poland and Russia. Asia Pacific region consists of China, India, ASEAN, Australia & New Zealand. The Middle East and African region consists of GCC, South Africa and North Africa.
In case of geographical region, North America is projected to account a significant share in the Temperature Probes/Sensors Market. Factors such as huge implementation of temperatures sensors in various industries such as medical, electronics, oil & gas, etc. and technological innovations. On the other hand, Asia Pacific is expected to show rapid growth rates in the market.
Some of the key players that fuel the growth of the Temperature Probes/Sensors Market include ABB, Analog Devices, Amphenol, Delphi, Emerson, Fluke, Honeywell, Microchip Technology, MEDTRONIC, Medline Industries, Panasonic Corp, ON Semiconductor, Molex, OMRON, Sensata, Siemens, STMicroelectronics, TE Connectivity, Texas instruments, 3M, and others. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Temperature Probes/Sensors in these regions, from 2013 to 2025 (forecast), covering
• United States
• South Korea
Global Temperature Probes/Sensors market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
• TE Connectivity
• Texas instruments
• Panasonic Corp
• Analog Devices
• Microchip Technology
• ON Semiconductor
• Medline Industries
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Non-Contact Temperature Sensors
• Contact Temperature Sensors
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
• Food and Beverage
• Oil and gas
• Automotive Industry
Research Support Specialist, USA