A temperature sensor collects temperature data and displays in a human-understandable format. These sensors are of two types, contact temperature sensors and non-contact temperature sensors. Industries, automotive, Consumer Electronics and the medical sector are some of the key industries using these temperature sensors.
Emerson, Sensata and Amphenol captured the top three production value share spots in the Temperature Monitoring market in 2016. Emerson dominated with 5.68% production value share, followed by Sensata with 3.74% production value share and Amphenol with 3.62% production value share.
In the next five years, the global consumption of Temperature Monitoring will show upward tendency further, revenue is expected in 2022 will be 9603.50 Million USD.
The global automotive temperature sensors market size is expected to grow to USD 3391.65 Million by 2022. The increasing demand for safe and better automotive vehicles that are compliant with environmental regulations is driving the demand for temperature sensors.
Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Temperature Monitoring brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market
According to this study, over the next five years the Temperature Monitoring market will register a 4.5% CAGR in terms of revenue, the global market size will reach USD 10000 million by 2024, from USD 7710 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Temperature Monitoring business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Temperature Monitoring market by product type, application, key manufacturers and key regions and countries.
This study considers the Temperature Monitoring value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Non-Contact Temperature Sensors
Contact Temperature Sensors
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industries
Medical
Food and Beverage
Electronics
Oil and gas
Automotive Industry
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Emerson
Sensata
Amphenol
TE Connectivity
Texas instruments Inc.
Molex
Honeywell
Siemens
ABB
Panasonic Corp
STMicroelectronics N.V.
Fluke
Delphi
OMRON
Analog Devices Inc.
Microchip Technology Inc.
ON Semiconductor
3M
MEDTRONIC
Medline Industries
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Temperature Monitoring consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Temperature Monitoring market by identifying its various subsegments.
Focuses on the key global Temperature Monitoring manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Temperature Monitoring with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Temperature Monitoring submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
