Temperature Sensor Market Applications, Types and Market Analysis to 2021

Temperature sensor is an electronic device used in measuring temperature via an electrical signal. The term Temperature states about the degree or intensity of heat present in a substance. These sensors can be applied across various systems to measure the heat released and prompt the end-user.

Rising demand for high performance sensor instruments, technological advancements, rising innovation, growing trends of security and surveillance, growth in consumer demand for electronics, rising intervention by government for environmental and safety concerns are some important market drivers in the temperature sensors market. Temperature sensors are in heavy demand coupled with loads of constraints such as lack of skilled professionals and high cost of operation and devices are some of the barriers that hamper the growth of temperature sensors market.

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Global temperature sensor market is segmented on the basis of product type, end user industry and geography.  Temperature sensors encompass a wide range of applications across several industries such as electronics, automotive and manufacturing. These sensors are available in different forms with their unique applications for instance, integrated circuit (IC) temperature sensor are used in electronic applications to detect the heat released.

On the basis of product type, the temperature sensor market is classified as temperature sensor IC, bimetallic temperature sensor, thermistor (negative temperature coefficient (NTC) and positive temperature coefficient (PTC)), thermocouple, resistive temperature detector (RTD), infrared temperature sensors, fiber optic temperature sensors, remote temperature sensor, MEMS based temperature sensors, and wireless based temperature sensors and so on.

Across various industries such as petrochemicals, process and metal industries thermocouples are the most commonly used sensor elements due to their ease, user friendliness and instant response to temperature changes. Hence to inspect the prototypes pertaining to mechanical and electrical apparatus mainly used for manufacturing purpose, thermocouples can be readily used. Therefore, these sensors are expected to hold a major share of the market in the forecast period.

On the basis of end user industry, the temperature sensor market is classified as process industry end user and discrete industry end user. The segment “process industry end user” is further segmented into oil & gas industry, chemical & petrochemical industry, advanced fuels industry, metal industry, food & beverage industry, power generation & alternative generation industry, glass industry, plastics industry, refining industry, pulp & paper industry, water & wastewater industry, cement industry, agriculture industry and so on.

While the segment “discrete industry end user” is further segmented into semiconductors sector, HVAC sector, healthcare sector, automotive sector, aerospace and defence sector. There is rising concern toward using temperature sensors for security & surveillance purposes. Again, temperature sensors are deployed for temperature monitoring in server rooms of industries, buildings and refrigerators which further propels the demand for efficient temperature measurement systems.

Based on geographic segmentation, the temperature sensor market is segmented into Latin America, Europe, North America, Asia Pacific and Middle East & Africa. Asia Pacific is the fastest growing market especially in the countries like China and India. Developed countries like Europe would see a slower growth rate.

The global key players in the temperature sensor market are Texas Instruments Incorporated, Analog Devices Inc., Honeywell International Inc., ABB Ltd., Maxim Integrated Products Inc., Siemens AG, Danaher Corporation, Kongsberg Gruppen, TE Connectivity Ltd., Emerson Electric Company, General Electric Company, Panasonic Corporation, STMicroelectronics N.V., Microchip Technology Incorporated, Mouser Electronics, National Semiconductors and NXP Semiconductors.

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