Temperature Sensor Market worth 7.48 Billion USD by 2023

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MarketsandMarkets Presents Publishing
Date August 2015
Temperature Sensor Market The overall market is
estimated to grow from USD 5.62 Billion in 2018
to USD 7.48 Billion by 2023, at a CAGR of 5.9
between 2018 and 2023
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About our Report
                     

• The temperature sensor market is estimated to
  grow from USD 5.62 Billion in 2018 to USD 7.48
  Billion by 2023, at a CAGR of 5.9 between 2018
  and 2023. The growth of this market can be
  attributed to the increasing penetration of
  temperature sensors in advanced and portable
  healthcare equipment.
• This report segments the temperature sensor
  market by product type, end-user industry, and
  region. By product type, the temperature sensor
  market has been segmented into contact-type
  temperature sensor and noncontact-type
  temperature sensor. The market for contact-type
  temperature sensor is expected to grow at a
  higher CAGR between 2018 and 2023 owing to the
  various advantages of these sensors, such as easy
  handling, increased throughput rates, fast
  response time, high flexibility, and prolonged
  service life.

               
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Inside of Report

• Browse
• 66 market data tables.
• 58 figures spread through 166 pages.
• in-depth TOC on "Temperature Sensor Market -
  Global Forecast to 2023"

                     
               

• The temperature sensor market in Asia Pacific is
  expected to grow at the highest CAGR during the
  forecast period as APAC has a strong demand for
  consumer equipment, including portable healthcare
  electronics and white goods. Increasing
  industrial automation, especially in automotive
  and food beverages sectors, will generate
  demand for temperature sensors in APAC.
• Contact-type temperature sensors comprise
  thermocouple, RTD, thermistor, temperature sensor
  IC, and bimetallic temperature sensor. These are
  widely used in industries such as chemicals,
  consumer electronics, oil gas, energy power,
  and automotive, owing to their low cost, wide
  temperature range, and high accuracy. The rising
  adoption of temperature sensors in automotive,
  chemicals, and consumer electronics sectors is
  the major driving factor for the market.
  Moreover, it is expected that the growth of
  contact-type temperature sensors will be driven
  by wearables, smartphones, and other consumer
  electronics devices.

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Table of Content
                     

• Table of Contents
• 1 Introduction (Page No. - 1)    1.1 Study
  Objectives     1.2 Definition     1.3 Study
  Scope            1.3.1 Markets
  Covered           1.3.2 Years Considered for
  This Study           1.3.3 Geographic Scope   
  1.4 Currency     1.5 Package Size     1.6
  Stakeholders
• 2 Research Methodology (Page No. - 5)    2.1
  Research Data            2.1.1 Secondary Data
• .
• .
• 11 Appendix (Page No. - 158)     11.1 Discussion
  Guide      11.2 Knowledge Store
  Marketsandmarkets Subscription Portal

               
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Temperature Sensor Market
Download Free Sample Pages - https//www.markets
andmarkets.com/pdfdownload.asp?id522 Temperatur
e sensors are used in personal computers mainly
for controlling and monitoring the temperature of
CPU. Generally, 35 temperature sensor ICs are
used in desktops and laptops. As
computers/desktops and laptops are vulnerable to
overheating, measuring and controlling
temperature is of utmost importance. Hence,
personal computers (PCs) have contributed
significantly to the growth of the temperature
sensor market. However, the introduction of
smartphones and tablets has impacted the shipment
of PCs. Hence, the declining trend of the PC
market has adversely affected the growth of the
temperature sensor market.
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Key Players
                     

• ABB (Switzerland),
• Texas Instruments (US),
• Analog Devices (US),
• Honeywell International (US),
• Amphenol (US),
• Global Mixed Mode Technology (Taiwan),
• Integrated Device Technology (US),
• Kongsberg Gruppen (Norway),
• Microchip Technology (US),
• ON Semiconductor (US),
• EndressHauser (Switzerland),
• Okazaki Manufacturing Company (Japan),
• Yamari Industries (Japan),
• STMicroelectronics (Switzerland),

               
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Key Players

• TE Connectivity (Switzerland),
• Gunther GmbH Temperaturmesstechnik (Germany), and
  
• Omega Engineering (US).

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Summary
The temperature sensor market is estimated to
grow from USD 5.62 Billion in 2018 to USD 7.48
Billion by 2023, at a CAGR of 5.9 between 2018
and 2023. The growth of this market can be
attributed to the increasing penetration of
temperature sensors in advanced and portable
healthcare equipment. This report segments the
temperature sensor market by product type,
end-user industry, and region. By product type,
the temperature sensor market has been segmented
into contact-type temperature sensor and
noncontact-type temperature sensor. The market
for contact-type temperature sensor is expected
to grow at a higher CAGR between 2018 and 2023
owing to the various advantages of these sensors,
such as easy handling, increased throughput
rates, fast response time, high flexibility, and
prolonged service life.
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