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Temperature Sensors: Global Markets

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    Report

  • 112 Pages
  • March 2024
  • Region: Global
  • BCC Research
  • ID: 4544387

The global market for temperature sensors is expected to grow from USD 7.3 Billion in 2023 to USD 9 Billion by the end of 2028, at a compound annual growth rate (CAGR) of 4.30% from 2023 through 2028.

Report Scope

The report provides an overview of the temperature sensors global market value and volume and analyzes its trends. Using 2022 as the base year, the report provides estimated market data for the forecast period from 2023 through 2028. Revenue forecasts for this period are segmented by technology type, industry, and geographical region. It also highlights major trends and challenges that affect the market, concluding with an analysis of the vendor landscape and including detailed profiles of major players in the global temperature sensors market.

Sensors are important elements for the majority of technology products being built today, and their application areas cover products from simple switches and temperature-sensing devices as part of the most basic home appliances to sophisticated manufacturing equipment and factory automation systems. Microtechnology has revolutionized the electronics industry, and miniaturization has now become a standard part of any system. Industrial requirements have increased, indicating room for growth in sensor usage. Automotive safety markets have reacted swiftly, creating demand for temperature sensors.

Report Includes

  • 50 data tables and 35 additional tables
  • An overview of the global market for temperature sensors
  • Analysis of global market trends, featuring historical revenue data for 2022, estimated figures for 2023, forecasts for 2026-2028 and projections of compound annual growth rates (CAGRs) through 2028
  • Evaluation of the current market size and revenue growth prospects for temperature sensors, along with a market share analysis by technology, industry and geographic region
  • Coverage of the history and development of modern sensors, a life cycle assessment, and value chain processes for temperature sensors
  • An assessment of market dynamics and identification of the factors and recent innovations that are affecting the temperature sensor market
  • Identification of those market segments with the highest growth potential and their future applications
  • Discussion of the major manufacturers in each region
  • Profiles of leading market participants

Table of Contents

Chapter 1 Executive Summary
  • Market Outlook
  • Market Summary
  • Scope of the Report
  • Technological Advancements and Applications
  • Market Dynamics and Growth Factors
  • Future Trends and Developments
  • Segmental Analysis
  • Regional Insights and Emerging Markets
  • Conclusion
Chapter 2 Market Overview
  • Temperature Sensors Overview
  • Porter's Five Forces Analysis of Temperature Sensors
  • Bargaining Power of Buyers
  • Bargaining Power of Suppliers
  • Threat from Substitutes
  • Potential of New Entrants
  • Competition in the Industry
  • Value Chain Analysis of Temperature Sensors
  • Research & Development
  • Raw Material Suppliers
  • Temperature Sensor Manufacturers
  • Suppliers and Distributors
  • End Users
  • Future of Temperature Sensors
Chapter 3 Market Dynamics
  • Market Dynamics
  • Market Drivers
  • Growing Demand for Smart Connected Devices, Industrial and Home Automation Devices
  • Massive Infrastructural Development in Terms of Smart Cities, Factory Automation, and Industry 4.0
  • IO-Link: Intelligent Communication Technology
  • Increasing Use of MEMS Temperature Sensors
  • Market Challenges/Restraints
  • High Competition for Sensor Pricing
  • Trade War and Tech War Is Causing Slow Growth in Electronics Market
Chapter 4 Emerging Technologies and Developments
  • IoT Temperature Sensors
  • Flexible Temperature Sensors
  • Patent Analysis
Chapter 5 Market Segmentation Analysis
  • Segment Breakdown
  • Temperature Sensor Market by Technology
  • Thermocouple
  • Resistance Temperature Detector
  • Thermistor
  • Infrared
  • IC Digital
  • Others
  • Temperature Sensor Market by Industry
  • Automotive
  • Healthcare
  • Aerospace & Defense
  • Manufacturing
  • HVAC System
  • Consumer Electronics
  • Others
  • Geographic Breakdown
  • Temperature Sensor Market by Region
  • Americas
  • Europe
  • Asia-Pacific
  • Middle East and Africa
Chapter 6 Competitive Intelligence
  • Top Players in the Temperature Sensors Industry
  • Strategic Analysis
  • Recent Key Developments
  • M&A and Venture Capital Funding Outlook
  • M&A Analysis
  • Venture Capital (VC) Funding in Temperature Sensors Market
Chapter 7 Sustainability in Temperature Sensors Industry: An ESG Perspective
  • Overview
  • Current Status of ESG in the Temperature Sensors Market
  • ESG Practices in the Temperature Sensors Market
  • Concluding Remarks
Chapter 8 Appendix
  • Methodology
  • References
  • Abbreviations
  • Company Profiles
  • Amphenol Corp.
  • Analog Devices Inc.
  • Baumer
  • Emerson Electric Co.
  • Endress+Hauser Group Services Ag
  • Honeywell International Inc.
  • Murata Manufacturing Co. Ltd.
  • STMicroelectronics
  • TE Connectivity
  • TDK Corp.
List of Tables
Summary Table: Global Market for Temperature Sensors, by Technology, Through 2028
Table 1: Porter’s Five Forces Analysis: Overview
Table 2: Global Market for Temperature Sensors, by Technology, Through 2028
Table 3: Global Market Volume for Temperature Sensors, by Technology, Through 2028
Table 4: Global Market for Thermocouple Temperature Sensors, by Region, Through 2028
Table 5: Global Market Volume for Thermocouple Temperature Sensors, by Region, Through 2028
Table 6: Global Market for RTD Temperature Sensors, by Region, Through 2028
Table 7: Global Market Volume for RTD Temperature Sensors, by Region, Through 2028
Table 8: Global Market for Thermistor Temperature Sensors, by Region, Through 2028
Table 9: Global Market Volume for Thermistor Temperature Sensors, by Region, Through 2028
Table 10: Global Market for Infrared Temperature Sensors, by Region, Through 2028
Table 11: Global Market Volume for Infrared Temperature Sensors, by Region, Through 2028
Table 12: Global Market for IC Digital Temperature Sensors, by Region, Through 2028
Table 13: Global Market Volume for IC Digital Temperature Sensors, by Region, Through 2028
Table 14: Global Market for Other Temperature Sensors Technology, by Region, Through 2028
Table 15: Global Market Volume for Other Temperature Sensors Technology, by Region, Through 2028
Table 16: Global Market for Temperature Sensors, by Industry, Through 2028
Table 17: Global Market for Temperature Sensors for the Automotive Industry, by Region, Through 2028
Table 18: Global Market for Temperature Sensors for the Healthcare Industry, by Region, Through 2028
Table 19: Global Market for Temperature Sensors for the Aerospace & Defense Industry, by Region, Through 2028
Table 20: Global Market for Temperature Sensors for the Manufacturing Industry, by Region, Through 2028
Table 21: Global Market for Temperature Sensors for the HVAC Systems Industry, by Region, Through 2028
Table 22: Global Market for Temperature Sensors for the Consumer Electronics Industry, by Region, Through 2028
Table 23: Global Market for Temperature Sensors for Other Industries, by Region, Through 2028
Table 24: Global Market for Temperature Sensors, by Region, Through 2028
Table 25: Global Market Volume for Temperature Sensors, by Region, Through 2028
Table 26: Americas’ Market for Temperature Sensors, by Technology, Through 2028
Table 27: Americas’ Market Volume for Temperature Sensors, by Technology, Through 2028
Table 28: Americas’ Market for Temperature Sensors, by Industry, Through 2028
Table 29: Americas’ Market for Temperature Sensors, by Country, Through 2028
Table 30: Europe’s Market for Temperature Sensors, by Technology, Through 2028
Table 31: Europe’s Market Volume for Temperature Sensors, by Technology, Through 2028
Table 32: Europe’s Market for Temperature Sensors, by Industry, Through 2028
Table 33: Europe’s Market for Temperature Sensors, by Country, Through 2028
Table 34: Asia-Pacific’s Market for Temperature Sensors, by Technology, Through 2028
Table 35: Asia-Pacific’s Market Volume for Temperature Sensors, by Technology, Through 2028
Table 36: Asia-Pacific’s Market for Temperature Sensors, by Industry, Through 2028
Table 37: Asia-Pacific’s Market for Temperature Sensors, by Country, Through 2028
Table 38: Middle East and Africa’s Market for Temperature Sensors, by Technology, Through 2028
Table 39: Middle East and Africa’s Market Volume for Temperature Sensors, by Technology, Through 2028
Table 40: Middle East and Africa’s Market for Temperature Sensors, by Industry, Through 2028
Table 41: Middle East and Africa’s Market for Temperature Sensors, by Sub-Region, Through 2028
Table 42: Global Temperature Sensors Market: Key Developments, 2021-2023
Table 43: M&A Activity in Temperature Sensors Market, 2020-2023
Table 44: ESG Risk Ratings, by Company, 2022
Table 45: Abbreviations Used in This Report
Table 46: Amphenol Corp.: Company Snapshot
Table 47: Amphenol Corp.: Financial Performance, FY 2021 and 2022
Table 48: Amphenol Corp.: Product Portfolio
Table 49: Amphenol Corp.: News/Key Developments, 2021
Table 50: Analog Devices Inc.: Company Snapshot
Table 51: Analog Devices Inc.: Financial Performance, FY 2021 and 2022
Table 52: Analog Devices Inc.: Product Portfolio
Table 53: Analog Devices Inc.: News/Key Developments, 2021-2023
Table 54: Baumer: Company Snapshot
Table 55: Baumer: Product Portfolio
Table 56: Baumer: News/Key Developments, 2021-2023
Table 57: Emerson Electric Co.: Company Snapshot
Table 58: Emerson Electric Co.: Financial Performance, FY 2021 and 2022
Table 59: Emerson Electric Co.: Product Portfolio
Table 60: Emerson Electric Co.: News/Key Developments, 2023
Table 61: Endress+Hauser Group Services AG: Company Snapshot
Table 62: Endress+Hauser Group Services AG: Financial Performance, FY 2021 and 2022
Table 63: Endress+Hauser Group Services AG: Product Portfolio
Table 64: Endress+Hauser Group Services AG: News/Key Developments, 2022-2023
Table 65: Honeywell International Inc.: Company Snapshot
Table 66: Honeywell International Inc.: Financial Performance, FY 2021 and 2022
Table 67: Honeywell International Inc.: Product Portfolio
Table 68: Honeywell International Inc.: News/Key Developments, 2023
Table 69: Murata Manufacturing Co. Ltd.: Company Snapshot
Table 70: Murata Manufacturing Co. Ltd.: Financial Performance, FY 2021 and 2022
Table 71: Murata Manufacturing Co. Ltd.: Product Portfolio
Table 72: Murata Manufacturing Co. Ltd.: News/Key Developments, 2020-2023
Table 73: STMicroelectronics: Company Snapshot
Table 74: STMicroelectronics: Financial Performance, FY 2021 and 2022
Table 75: STMicroelectronics: Product Portfolio
Table 76: STMicroelectronics: News/Key Developments, 2021-2023
Table 77: TE Connectivity: Company Snapshot
Table 78: TE Connectivity: Financial Performance, FY 2021 and 2022
Table 79: TE Connectivity: Product Portfolio
Table 80: TE Connectivity: News/Key Developments, 2022-2023
Table 81: TDK Corp.: Company Snapshot
Table 82: TDK Corp.: Financial Performance, FY 2021 and 2022
Table 83: TDK Corp.: Product Portfolio
Table 84: TDK Corp.: News/Key Developments, 2021-2023
List of Figures
Summary Figure: Global Market Shares of Temperature Sensors, by Technology, 2022
Figure 1: Porter’s Five Forces Impact Analysis for Temperature Sensors
Figure 2: Bargaining Power of Buyers
Figure 3: Bargaining Power of Suppliers
Figure 4: Threat from Substitutes
Figure 5: Potential of New Entrants
Figure 6: Competition in the Industry
Figure 7: Temperature Sensors Market Value Chain
Figure 8: Temperature Sensors Market Dynamics
Figure 9: Global Temperature Sensors Patents Applications, 2018-2023*
Figure 10: Global Shares of Temperature Sensors Patent Applications, by Region, Till 2023*
Figure 11: Global Market Shares of Temperature Sensors, by Technology, 2022
Figure 12: Global Market Shares of Thermocouple Temperature Sensors, by Region, 2022
Figure 13: Global Market Shares of RTD Temperature Sensors, by Region, 2022
Figure 14: Global Market Shares of Thermistor Temperature Sensors, by Region, 2022
Figure 15: Global Market Shares of Infrared Temperature Sensors, by Region, 2022
Figure 16: Global Market Shares of IC Digital Temperature Sensors, by Region, 2022
Figure 17: Global Market Shares of Other Temperature Sensors Technology, by Region, 2022
Figure 18: Global Market Shares of Temperature Sensors, by Industry, 2022
Figure 19: Global Market Shares of Temperature Sensors for the Automotive Industry, by Region, 2022
Figure 20: Global Market Shares of Temperature Sensors for the Healthcare Industry, by Region, 2022
Figure 21: Global Market Shares of Temperature Sensors for the Aerospace & Defense Industry, by Region, 2022
Figure 22: Global Market Shares of Temperature Sensors for the Manufacturing Industry, by Region, 2022
Figure 23: Global Market Shares of Temperature Sensors for the HVAC Systems Industry, by Region, 2022
Figure 24: Global Market Shares of Temperature Sensors for the Consumer Electronics Industry, by Region, 2022
Figure 25: Global Market Shares of Temperature Sensors for Other Industries, by Region, 2022
Figure 26: Global Market Shares of Temperature Sensors, by Region, 2022
Figure 27: Americas’ Market Shares of Temperature Sensors, by Technology, 2022
Figure 28: Americas’ Market Shares of Temperature Sensors, by Industry, 2022
Figure 29: Americas’ Market Shares of Temperature Sensors, by Country, 2022
Figure 30: Europe’s Market Shares of Temperature Sensors, by Technology, 2022
Figure 31: Europe’s Market Shares of Temperature Sensors, by Industry, 2022
Figure 32: Europe’s Market Shares of Temperature Sensors, by Country, 2022
Figure 33: Asia-Pacific’s Market Shares of Temperature Sensors, by Technology, 2022
Figure 34: Asia-Pacific’s Market Shares of Temperature Sensors, by Industry, 2022
Figure 35: Asia-Pacific’s Market Shares of Temperature Sensors, by Country, 2022
Figure 36: Middle East and Africa’s Market Shares of Temperature Sensors, by Technology, 2022
Figure 37: Middle East and Africa’s Market Share of Temperature Sensors, by Industry, 2022
Figure 38: Middle East and Africa’s Market Shares of Temperature Sensors, by Sub-Region, 2022
Figure 39: M&A in the Temperature Sensors Market, by Year, 2020-2023
Figure 40: VC Funding in the Temperature Sensors Market, by Year, 2020-2023
Figure 41: VC Funding Market Share in the Temperature Sensors, by Deal Type, 2020-2023
Figure 42: VC Funding Market Share in the Temperature Sensors, by Region, 2020-2023
Figure 43: Amphenol Corp.: Revenue Share, by Business Segment, FY 2022
Figure 44: Amphenol Corp.: Revenue Share, by Country/Region, FY 2022
Figure 45: Analog Devices Inc.: Revenue Share, by Business Segment, FY 2022
Figure 46: Analog Devices Inc.: Revenue Share, by Country/Region, FY 2022
Figure 47: Emerson Electric Co.: Revenue Share, by Business Segment, FY 2022
Figure 48: Emerson Electric Co.: Revenue Share, by Region, FY 2022
Figure 49: Endress+Hauser Group Services AG: Revenue Share, by Business Segment, FY 2022
Figure 50: Endress+Hauser Group Services AG: Revenue Share, by Region, FY 2022
Figure 51: Honeywell International Inc.: Revenue Share, by Business Segment, FY 2022
Figure 52: Honeywell International Inc.: Revenue Share, by Country/Region, FY 2022
Figure 53: Murata Manufacturing Co. Ltd.: Revenue Share, by Business Segment, FY 2022
Figure 54: Murata Manufacturing Co. Ltd.: Revenue Share, by Country/Region, FY 2022
Figure 55: STMicroelectronics: Revenue Share, by Business Segment, FY 2022
Figure 56: STMicroelectronics: Revenue Share, by Region, FY 2022
Figure 57: TE Connectivity: Revenue Share, by Business Segment, FY 2022
Figure 58: TE Connectivity: Revenue Share, by Region, FY 2022
Figure 59: TDK Corp.: Revenue Share, by Business Segment, FY 2022
Figure 60: TDK Corp.: Revenue Share, by Country/Region, FY 2022

Companies Mentioned

  • Amphenol Corp.
  • Analog Devices Inc.
  • Baumer
  • Emerson Electric Co.
  • Endress+Hauser Group Services Ag
  • Honeywell International Inc.
  • Murata Manufacturing Co. Ltd.
  • STMicroelectronics
  • TE Connectivity
  • TDK Corp.

Table Information