Market Overview:
The global digital temperature sensors market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital temperature sensors in various applications, such as automotive, healthcare, consumer electronics, food & beverage, aerospace & defense and others. In addition, the growing demand for miniaturized and low-power consumption sensors is also contributing to the growth of this market.
Product Definition:
A digital temperature sensor is a device used to measure the temperature of an object. They are often used in thermostats, weather stations, and other devices that need to monitor or control the temperature.
Contact Type:
The global contact type market size was valued at USD 1.5 billion in 2015 and is expected to witness significant growth over the forecast period owing to its rising usage in digital temperature sensors. The increasing demand for consumer electronics such as smartphones, tablets, wearable devices, and other smart appliances is anticipated to drive the industry growth over the next seven years.
Non-Contact Type:
Non-contact type is a technology that uses electromagnetic or electrostatic means to measure the temperature. In this process, there is no physical connection between sensor and probe, instead it measures the temperature by generating an electrical signal and measuring its response.
Advantages of non-contact type include compact size, low cost & power consumption along with high accuracy; these are some of the major factors driving market growth globally.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The sensors play a major role in several applications, such as engine control, body temperature monitoring, and air/fuel mixture adjustment. They are also used to monitor cabin temperature and humidity levels. In addition, they are installed on the exterior of vehicles to measure ambient temperature as well as vehicle speed and location information using GPS technology.
The consumer electronics segment is expected to witness significant growth over the forecast period owing to increasing use of these products in smartwatches, tablets PCs etcetera.
Regional Analysis:
The temperature sensors market in the Asia Pacific region is anticipated to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for temperature sensors from various end-use industries, such as automotive and healthcare. In addition, rising investments by governments in developing countries are expected to drive the regional market during the forecast period. For instance, China’s National Development and Reform Commission (NDRC) has planned “Made in China†initiative which aims at promoting its domestic manufacturing sector by encouraging foreign investors to establish their production facilities in China through tax benefits and other incentives provided by government. Such initiatives are expected to boost product demand over the next eight years thereby driving regional growth.
North America held a substantial share of revenue share within global temperature sensors industry owing to high adoption rates of advanced technologies across numerous industrial applications including HVAC & refrigeration, food processing & packaging machinery among others).
Growth Factors:
- Increasing demand for smart and connected devices
- Rising demand from the automotive sector
- Growing popularity of wearable technology
- Proliferation of the Internet of Things (IoT)
- Advances in sensor technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Temperature Sensors Market Research Report
By Type
Contact Type, Non-Contact Type
By Application
Automotive, Healthcare, Consumer Electronics, Food & Beverage, Aerospace & Defense, Others
By Companies
Analog Devices, TI, Maxim, ST, Accurate Sensors Technologies Ltd, Anderson-Negele, Micro-Epsilon, Optris, TE Connectivity
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Digital Temperature Sensors Market Report Segments:
The global Digital Temperature Sensors market is segmented on the basis of:
Types
Contact Type, Non-Contact Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Healthcare, Consumer Electronics, Food & Beverage, Aerospace & Defense, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Analog Devices
- TI
- Maxim
- ST
- Accurate Sensors Technologies Ltd
- Anderson-Negele
- Micro-Epsilon
- Optris
- TE Connectivity
Highlights of The Digital Temperature Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Contact Type
- Non-Contact Type
- By Application:
- Automotive
- Healthcare
- Consumer Electronics
- Food & Beverage
- Aerospace & Defense
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Temperature Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital temperature sensors are electronic devices that measure the temperature of an object. They can be either passive or active. Passive digital temperature sensors use a thermistor to convert thermal energy into electrical signals, while active digital temperature sensors use a microcontroller to control the flow of current through a thermistor in order to generate an electronic signal.
Some of the major players in the digital temperature sensors market are Analog Devices, TI, Maxim, ST, Accurate Sensors Technologies Ltd, Anderson-Negele, Micro-Epsilon, Optris, TE Connectivity.
The digital temperature sensors market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Digital Temperature Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Digital Temperature Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Digital Temperature Sensors Market - Supply Chain
4.5. Global Digital Temperature Sensors Market Forecast
4.5.1. Digital Temperature Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Digital Temperature Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Digital Temperature Sensors Market Absolute $ Opportunity
5. Global Digital Temperature Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Digital Temperature Sensors Market Size and Volume Forecast by Type
5.3.1. Contact Type
5.3.2. Non-Contact Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Digital Temperature Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Digital Temperature Sensors Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Healthcare
6.3.3. Consumer Electronics
6.3.4. Food & Beverage
6.3.5. Aerospace & Defense
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Digital Temperature Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Digital Temperature Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Digital Temperature Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Digital Temperature Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Digital Temperature Sensors Demand Share Forecast, 2019-2026
9. North America Digital Temperature Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Digital Temperature Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Digital Temperature Sensors Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Healthcare
9.4.3. Consumer Electronics
9.4.4. Food & Beverage
9.4.5. Aerospace & Defense
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Digital Temperature Sensors Market Size and Volume Forecast by Type
9.7.1. Contact Type
9.7.2. Non-Contact Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Digital Temperature Sensors Demand Share Forecast, 2019-2026
10. Latin America Digital Temperature Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Digital Temperature Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Digital Temperature Sensors Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Healthcare
10.4.3. Consumer Electronics
10.4.4. Food & Beverage
10.4.5. Aerospace & Defense
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Digital Temperature Sensors Market Size and Volume Forecast by Type
10.7.1. Contact Type
10.7.2. Non-Contact Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Digital Temperature Sensors Demand Share Forecast, 2019-2026
11. Europe Digital Temperature Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Digital Temperature Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Digital Temperature Sensors Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Healthcare
11.4.3. Consumer Electronics
11.4.4. Food & Beverage
11.4.5. Aerospace & Defense
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Digital Temperature Sensors Market Size and Volume Forecast by Type
11.7.1. Cntact Type
11.7.2. Non-Contact Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Digital Temperature Sensors Demand Share, 2019-2026
12. Asia Pacific Digital Temperature Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Digital Temperature Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Digital Temperature Sensors Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Healthcare
12.4.3. Consumer Electronics
12.4.4. Food & Beverage
12.4.5. Aerospace & Defense
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Digital Temperature Sensors Market Size and Volume Forecast by Type
12.7.1. Contact Type
12.7.2. Non-Contact Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Digital Temperature Sensors Demand Share, 2019-2026
13. Middle East & Africa Digital Temperature Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Digital Temperature Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Digital Temperature Sensors Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Healthcare
13.4.3. Consumer Electronics
13.4.4. Food & Beverage
13.4.5. Aerospace & Defense
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Digital Temperature Sensors Market Size and Volume Forecast by Type
13.7.1. Contact Type
13.7.2. Non-Contact Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Digital Temperature Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Digital Temperature Sensors Market: Market Share Analysis
14.2. Digital Temperature Sensors Distributors and Customers
14.3. Digital Temperature Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Analog Devices
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maxim
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ST
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Accurate Sensors Technologies Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Anderson-Negele
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Micro-Epsilon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Optris
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. TE Connectivity
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook