Temperature Sensor Market 2023 [New Report forecast 2032]
Current and Future Trends | 340 Pages Report

Temperature Sensor Market Report Insights 2023: (Report
Pages: 340)

CAGR and Revenue: “The global Temperature Sensor Market was
estimated at USD million, and it’s anticipated to reach USD million in 2028,
with a CAGR of percent during the forecast years”

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Years considered for this report: -

Base Year: 2022

Companies covered: 24

Tables & Figures: 515

Countries covered: 18

Pages: 340

Competitive landscape of the temperature sensor market
outlook: ABLIC, Amphenol Advanced Sensors, Analog Devices, Inc., OSRAM AG,
DWYER INSTRUMENTS, EMERSON, HANS TURCK, Honeywell International, IFM
ELECTRONIC, KONGSBERG GRUPPEN, Littelfuse, Inc., Microchip Technology Inc.,
Murata, NXP SEMICONDUCTORS, OMEGA ENGINEERING, On Semiconductor Corporation,
PYROMATION, Renesas Electronics, ROHM Co., Ltd, Sensata, STMicroelectronics
N.V, TE CONNECTIVITY, TEXAS INSTRUMENTS, Vishay Intertechnology.

Temperature Sensor Market is anticipated to witness growth
through 2032 owing to the rising popularity of smartwatches among consumers.
Besides, temperature sensors are highly affordable, precise, and extremely
reliable in various R&D experiments. They are desirable for both embedded
and surface mount applications, given their faster response time because of
their lower thermal mass.

Top Key Players of Temperature Sensor Market are as follows:

·      
ABLIC, Analog Devices, Inc.

·      
Amphenol Advanced Sensors

·      
ams - OSRAM AG

·      
DWYER INSTRUMENTS

·      
Honeywell International

·      
EMERSON

·      
HANS TURCK

·      
IFM ELECTRONIC

Overall, the temperature sensor market is
segmented in terms of product, output, application, and region.

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Considering the product, the temperature
sensor ICs segment was valued at over USD 1 billion in 2022. The growth can be
accredited to the rising deployment of these sensors in home appliances,
portable computers, and medical devices. Besides, the wide application of
temperature IC sensors for monitoring and controlling home temperature and
regulating the CPU temperature is anticipated to support its adoption over the
foreseeable future.

Based on the output, the analog segment will grow
considerably between 2023-2032. Analog temperature sensors boast the ability to
enhance system performance, dependability, and product quality in various
applications, supporting their replacement in thermistor solutions.

By application, the chemical industry held over USD 1.5
billion market share in 2022. The market growth can be credited to the wide
application of temperature sensors in the chemical industry. Besides,
technologies such as non-invasive measurement and IoT, deployed with
temperature sensors in process plants, enhance safety and lower the maintenance
and installation costs.

Regionally, the North America temperature sensor market was
valued at over USD 2 billion in 2022 and will hold a substantial market share
between 2023-2032. Factors such as rising investments in smart home
infrastructure, rapid adoption of advanced technologies, and ongoing
innovations in sensor technology would prompt the production adoption.
Additionally, the growing trend of automation in industries where data is
collected via sensors and monitored regularly will further support the regional
outlook by 2032.

By Product

• Contact




• Temperature Sensors ICs


• Resistive Temperature Detectors


• Thermistors


• Thermocouples


• Bimetallic Temperature Sensors 




• Non-Contact




• Infrared


• Fiber-Optics

By Output

• Analog


• Digital




• Single-Channel


• Multi-Channel

By Application

• Chemical


• Oil & Gas


• Consumer Electronics


• Healthcare


• Automotive


• Others

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