Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global temperature sensor market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.
Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the temperature sensor industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global temperature sensor industry.
Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global temperature sensor market is expected to reach $12.09 billion by 2033, growing by 5.2% annually over the coming years.
Segmentation Analysis
Highlighted with 89 tables and 101 figures, this 189-page report represents a 360-degree view on the global market with extensively detailed segmentations Product, Output, Connectivity, Industry Vertical, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.
By Product
• Contact Sensors
o Bimetallic Temperature Sensors
o Thermocouples
o Resistive Temperature Detectors
o Thermistors
o Temperature Sensor ICs
• Non-Contact Sensors
o Infrared Temperature Sensors
o Fiber-Optic Temperature Sensors
By Output
• Analog Sensors
• Digital Sensors
o Single-Channel Digital Temperature Sensors
o Multi-Channel Digital Temperature Sensors
By Connectivity
• Wireless Sensors
• Wired Sensors
By Industry Vertical
• Chemicals
• Oil & Gas
• Consumer Electronics
• Energy & Power
• Healthcare & Medical Devices
• Automotive
• Metals & Mining
• Food & Beverages
• Pulp & Paper
• Aerospace & Defense
• Other Industry Verticals
By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Iran, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Product, Connectivity, and Industry Vertical over the forecast years are also included.
Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Amphenol Corporation
• Analog Devices Inc.
• Denso Corporation
• Emerson Electric Company
• Endress Hauser Group Services AG
• Fluke Corporation
• Honeywell International Inc.
• Kongsberg Gruppen ASA
• Microchip Technology Incorporated
• Murata Manufacturing Co., Ltd.
• NXP Semiconductors N.V.
• Omega Engineering Inc.
• Panasonic Corporation
• Siemens AG
• STMicroelectronics N.V.
• TE Connectivity Ltd.
• Texas Instruments Incorporated
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict 28
2.1.4 Impact of Israel-Palestine War 30
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Product 46
3.1 Market Overview by Product 46
3.2 Contact Sensors 49
3.2.1 Bimetallic Temperature Sensors 51
3.2.2 Thermocouples 52
3.2.3 Resistive Temperature Detectors 53
3.2.4 Thermistors 54
3.2.5 Temperature Sensor ICs 55
3.3 Non-Contact Sensors 56
3.3.1 Infrared Temperature Sensors 57
3.3.2 Fiber-Optic Temperature Sensors 58
4 Segmentation of Global Market by Output 59
4.1 Market Overview by Output 59
4.2 Analog Sensors 62
4.3 Digital Sensors 63
4.3.1 Single-Channel Digital Temperature Sensors 64
4.3.2 Multi-Channel Digital Temperature Sensors 65
5 Segmentation of Global Market by Connectivity 66
5.1 Market Overview by Connectivity 66
5.2 Wireless Sensors 69
5.3 Wired Sensors 70
6 Segmentation of Global Market by Industry Vertical 71
6.1 Market Overview by Industry Vertical 71
6.2 Chemicals 74
6.3 Oil & Gas 75
6.4 Consumer Electronics 76
6.5 Energy & Power 77
6.6 Healthcare & Medical Devices 78
6.7 Automotive 79
6.8 Metals & Mining 80
6.9 Food & Beverages 81
6.10 Pulp & Paper 82
6.11 Aerospace & Defense 83
6.12 Other Industry Verticals 84
7 Segmentation of Global Market by Region 85
7.1 Geographic Market Overview 2023-2033 85
7.2 North America Market 2023-2033 by Country 90
7.2.1 Overview of North America Market 90
7.2.2 U.S. 94
7.2.3 Canada 97
7.2.4 Mexico 99
7.3 European Market 2023-2033 by Country 101
7.3.1 Overview of European Market 101
7.3.2 Germany 105
7.3.3 U.K. 107
7.3.4 France 109
7.3.5 Spain 111
7.3.6 Italy 113
7.3.7 Russia 115
7.3.8 Rest of European Market 117
7.4 Asia-Pacific Market 2023-2033 by Country 119
7.4.1 Overview of Asia-Pacific Market 119
7.4.2 Japan 123
7.4.3 China 126
7.4.4 Australia 128
7.4.5 India 130
7.4.6 South Korea 132
7.4.7 Rest of APAC Region 134
7.5 South America Market 2023-2033 by Country 136
7.5.1 Argentina 140
7.5.2 Brazil 142
7.5.3 Chile 144
7.5.4 Rest of South America Market 146
7.6 MEA Market 2023-2033 by Country 147
7.6.1 UAE 151
7.6.2 Saudi Arabia 153
7.6.3 Iran 155
7.6.4 Other National Markets 157
8 Competitive Landscape 158
8.1 Overview of Key Vendors 158
8.2 New Product Launch, Partnership, Investment, and M&A 161
8.3 Company Profiles 162
Amphenol Corporation 162
Analog Devices Inc. 164
Denso Corporation 165
Emerson Electric Company 166
Endress Hauser Group Services AG 167
Fluke Corporation 168
Honeywell International Inc. 169
Kongsberg Gruppen ASA 170
Microchip Technology Incorporated 171
Murata Manufacturing Co., Ltd. 172
NXP Semiconductors N.V. 173
Omega Engineering Inc. 174
Panasonic Corporation 175
Siemens AG 176
STMicroelectronics N.V. 177
TE Connectivity Ltd. 178
Texas Instruments Incorporated 179
9 Investing in Temperature Sensor Industry: Risk Assessment and Management 180
9.1 Risk Evaluation of Global Market 180
9.2 Critical Success Factors (CSFs) 186
RELATED REPORTS 189
List of Tables:
Table 1. Snapshot of Global Temperature Sensor Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 23
Table 3. World Economic Outlook, 2022-2024 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Scenarios for Economic Impact of Israel-Palestine War 30
Table 6. Main Product Trends and Market Opportunities in Global Temperature Sensor Market 39
Table 7. Global Temperature Sensor Market by Product, 2023-2033, $ mn 47
Table 8. Global Temperature Sensor Market: Contact Sensors by Type, 2023-2033, $ mn 50
Table 9. Global Temperature Sensor Market: Non-Contact Sensors by Type, 2023-2033, $ mn 56
Table 10. Global Temperature Sensor Market by Output, 2023-2033, $ mn 60
Table 11. Global Temperature Sensor Market: Digital Sensors by Type, 2023-2033, $ mn 63
Table 12. Global Temperature Sensor Market by Connectivity, 2023-2033, $ mn 67
Table 13. Global Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 72
Table 14. Global Temperature Sensor Market by Region, 2023-2033, $ mn 87
Table 15. Leading National Temperature Sensor Market, 2023 and 2033, $ mn 89
Table 16. North America Temperature Sensor Market by Country, 2023-2033, $ mn 92
Table 17. U.S. Temperature Sensor Market by Product, 2023-2033, $ mn 96
Table 18. U.S. Temperature Sensor Market by Connectivity, 2023-2033, $ mn 96
Table 19. U.S. Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 96
Table 20. Canada Temperature Sensor Market by Product, 2023-2033, $ mn 98
Table 21. Canada Temperature Sensor Market by Connectivity, 2023-2033, $ mn 98
Table 22. Canada Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 98
Table 23. Mexico Temperature Sensor Market by Product, 2023-2033, $ mn 100
Table 24. Mexico Temperature Sensor Market by Connectivity, 2023-2033, $ mn 100
Table 25. Mexico Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 100
Table 26. Europe Temperature Sensor Market by Country, 2023-2033, $ mn 103
Table 27. Germany Temperature Sensor Market by Product, 2023-2033, $ mn 106
Table 28. Germany Temperature Sensor Market by Connectivity, 2023-2033, $ mn 106
Table 29. Germany Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 106
Table 30. U.K. Temperature Sensor Market by Product, 2023-2033, $ mn 108
Table 31. U.K. Temperature Sensor Market by Connectivity, 2023-2033, $ mn 108
Table 32. U.K. Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 108
Table 33. France Temperature Sensor Market by Product, 2023-2033, $ mn 110
Table 34. France Temperature Sensor Market by Connectivity, 2023-2033, $ mn 110
Table 35. France Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 110
Table 36. Spain Temperature Sensor Market by Product, 2023-2033, $ mn 112
Table 37. Spain Temperature Sensor Market by Connectivity, 2023-2033, $ mn 112
Table 38. Spain Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 112
Table 39. Italy Temperature Sensor Market by Product, 2023-2033, $ mn 114
Table 40. Italy Temperature Sensor Market by Connectivity, 2023-2033, $ mn 114
Table 41. Italy Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 114
Table 42. Russia Temperature Sensor Market by Product, 2023-2033, $ mn 116
Table 43. Russia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 116
Table 44. Russia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 116
Table 45. Temperature Sensor Market in Rest of Europe by Country, 2023-2033, $ mn 118
Table 46. APAC Temperature Sensor Market by Country, 2023-2033, $ mn 121
Table 47. Japan Temperature Sensor Market by Product, 2023-2033, $ mn 125
Table 48. Japan Temperature Sensor Market by Connectivity, 2023-2033, $ mn 125
Table 49. Japan Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 125
Table 50. China Temperature Sensor Market by Product, 2023-2033, $ mn 127
Table 51. China Temperature Sensor Market by Connectivity, 2023-2033, $ mn 127
Table 52. China Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 127
Table 53. Australia Temperature Sensor Market by Product, 2023-2033, $ mn 129
Table 54. Australia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 129
Table 55. Australia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 129
Table 56. India Temperature Sensor Market by Product, 2023-2033, $ mn 131
Table 57. India Temperature Sensor Market by Connectivity, 2023-2033, $ mn 131
Table 58. India Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 131
Table 59. South Korea Temperature Sensor Market by Product, 2023-2033, $ mn 133
Table 60. South Korea Temperature Sensor Market by Connectivity, 2023-2033, $ mn 133
Table 61. South Korea Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 133
Table 62. Temperature Sensor Market in Rest of APAC by Country/Region, 2023-2033, $ mn 135
Table 63. South America Temperature Sensor Market by Country, 2023-2033, $ mn 138
Table 64. Argentina Temperature Sensor Market by Product, 2023-2033, $ mn 141
Table 65. Argentina Temperature Sensor Market by Connectivity, 2023-2033, $ mn 141
Table 66. Argentina Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 141
Table 67. Brazil Temperature Sensor Market by Product, 2023-2033, $ mn 143
Table 68. Brazil Temperature Sensor Market by Connectivity, 2023-2033, $ mn 143
Table 69. Brazil Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 143
Table 70. Chile Temperature Sensor Market by Product, 2023-2033, $ mn 145
Table 71. Chile Temperature Sensor Market by Connectivity, 2023-2033, $ mn 145
Table 72. Chile Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 145
Table 73. MEA Temperature Sensor Market by Country, 2023-2033, $ mn 149
Table 74. UAE Temperature Sensor Market by Product, 2023-2033, $ mn 152
Table 75. UAE Temperature Sensor Market by Connectivity, 2023-2033, $ mn 152
Table 76. UAE Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 152
Table 77. Saudi Arabia Temperature Sensor Market by Product, 2023-2033, $ mn 154
Table 78. Saudi Arabia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 154
Table 79. Saudi Arabia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 154
Table 80. Iran Temperature Sensor Market by Product, 2023-2033, $ mn 156
Table 81. Iran Temperature Sensor Market by Connectivity, 2023-2033, $ mn 156
Table 82. Iran Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 156
Table 83. Amphenol Corporation: Company Snapshot 162
Table 84. Amphenol Corporation: Business Segmentation 163
Table 85. Amphenol Corporation: Product Portfolio 163
Table 86. List of Risk Factors and Weight Percentages/Theoretical Maximum 181
Table 87. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 182
Table 88. Risk Evaluation for Investing in Global Market, 2023-2033 183
Table 89. Critical Success Factors and Key Takeaways 187
