Temperature Sensor Market Analysis & Forecast 2024-2030

Temperature Sensor Market by Product Type ( Negative Temperature Coefficient (NTC) Thermistor, Resistance Temperature Detector (RTD), Thermocouple, Semiconductor-Based Sensors) by Application ( Semiconductors Sector, HVAC Sector, Healthcare Sector, Automotive Sector, Aerospace and Defense Sector) by Industry Analysis, Volume, Share, Growth, Challenges, Trends and Forecast 2024-2030, Regional Outlook ( North America, Europe, Asia-Pacific, Middle-East, Africa)

Report Code: PSMR- 20036          Category: Semiconductor & Electronics          Region :  Global         Report Format :                  

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     Table of Contents

    Global Temperature Sensor Market is expected to reach USD 14040.08 million by 2030 with CAGR of 6.6% between 2024 and 2030

    Temperature sensor is equipment used to measure temperature or thermal intensity of the operating device or machine part. Electrical signals are used to measure the temperature of respective device or machine. Temperature sensors are made from two different metals that are joined at one end of device. Basically Two metals used to make temperature sensor produce voltage that are in direct proportion to temperature changes takes places on device part. Temperature sensors are commonly available in the form of wires. Thermal sensors are built with simple design and can be used to measure temperatu5re ranging from -200 degree to 230 degree.  


    Thermal detection is base for all the advanced types of temperature compensation (manual & automatic) and control equipment. Temperature sensor designed either with basic or intelligent function properties. Basic Temperature sensor only notifies thermal control system about actual temperature of device or machine part while intelligent one notify when temperature control event occurs. Temperature sensor notify control system when specific temperature (maximum or minimum temperature ) threshold is exceed, to take preventive measure to lower or higher the temperature according to device working environment.  


    Negative Temperature Coefficient (NTC) thermistor, Resistance Temperature Detector (RTD), Thermocouple and Semiconductor-based sensors are main types of Temperature sensor. Thermocouple requires no external form of excitation with self-powered working mechanism. It shows widest range of working temperature from -200°C to 2300°C with highest precision in temperature detection. NTC thermistor works in temperature range of -50 °C to 250 °C, RTD range is -200 to 600 °C while Semiconductor-based sensors working range is -70 °C to 150 °C.  


    In Semiconductors Sector, emerging electronics industry increasing demand for high performance and efficient products that includes Temperature sensor. Heating, ventilation, and air conditioning use has shown significant growth in recent times. Temperature control has paramount importance in Healthcare Sector as it requires constant temperature monitoring for storage. Rapid growth of Automobile industry also act as driving force for increasing market volume of Temperature sensor. Aerospace and Defense Sector also find heavy use of temperature monitoring equipment mainly in safety manufacturing plants.  


    Temperature Sensor Market : Product Type

    • Negative Temperature Coefficient (NTC) Thermistor
    • Resistance Temperature Detector (RTD)
    • Thermocouple
    • Semiconductor-Based Sensors

    Temperature Sensor Market : Application

    • Semiconductors Sector
    • HVAC Sector
    • Healthcare Sector
    • Automotive Sector
    • Aerospace and Defense Sector

    Global Temperature Sensor Market: Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Temperature Sensor Market:

    • Texas Instruments
    • Analog Devices
    • ABB
    • Honeywell
    • Maxim Integrated Products
    • Siemens
    • Danaher Corporation
    • Kongsberg Gruppen
    • TE Connectivity
    • Panasonic
    • General Electric
    • STMicroelectronics
    • Microchip Technology
    • NXP Semiconductors

    Geographical analysis of Temperature Sensor Market:

    • North America
      • U.S.A
      • Canada
    • Europe
      • France
      • Germany
      • Spain
      • UK
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South East Asia
    • Latin America
      • Brazil
    • Middle East and Africa

    Global Temperature Sensor Market Report delivers a comprehensive analysis of the following parameters:

    • Market Forecast for 2024-2030
    • Market growth drivers
    • Challenges and Opportunities
    • Emerging and Current market trends
    • Market player Capacity, Production, Revenue (Value)
    • Supply (Production), Consumption, Export, Import analysis
    • End user/application Analysis

    Report Coverage

    Parameters Details

    Base Year

    2023

    Historical Data

    2018-2023

    Forecast Data

    2024-2030

    Base Year Value (2023)

    USD 8975.72 million

    Forecast Value (2030)

    USD 14040.08 million

    CAGR (2022 to 2028)

    6.6 %

    Regional Scope

    North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW


    Frequently Asked Questions (FAQ)


    Temperature Sensor Market was valued at around USD 8975.72 million in 2023 & estimated to reach USD 14040.08 million by 2030.




    Temperature Sensor Market is likely to grow at compounded annual growth rate (CAGR) of 6.6% between 2024 to 2030.












    Yes, the report includes COVID 19 impact on the market.



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