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Temperature Sensor Market worth 7.48 Billion USD by 2023

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The 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. Download PDF Brochure:- – PowerPoint PPT presentation

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Title: Temperature Sensor Market worth 7.48 Billion USD by 2023


1
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
2
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.

               
3
(No Transcript)
4
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.

5
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

               
6
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.
7
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),

               
8
Key Players
  • TE Connectivity (Switzerland),
  • Gunther GmbH Temperaturmesstechnik (Germany), and
  • Omega Engineering (US).

9
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.
10
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with our huge market intelligence
repository. For More Information
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emperature-sensor-market-522.html Contact Mr. Sa
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1-888-600-6441 sales_at_marketsandmarkets.com
11
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