Market Overview:
The global bimetal sensor market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for industrial machinery, aerospace, electronic appliances, and car traffic applications across the globe. Additionally, the growing awareness about safety and security is also propelling the growth of this market. Based on type, the global bimetal sensor market can be segmented into axial type bimetal sensor, radial type bimetal sensor, 135°direction BIMETALIC SENSOR and universal BIMETALIC SENSOR. Axial type sensors are widely used in automotive applications as they are compact in size and have a high sensitivity to temperature change. Radial type sensors are mainly used in industrial machinery applications as they offer high accuracy levels and stability over a wide range of temperatures. 135°direction BIMETALIC SENSORS are designed for detecting temperature changes along three perpendicular axes simultaneously which makes them ideal for use in aircrafts and other critical systems where accurate sensing is essential.
Product Definition:
Bimetal sensor is a device that uses two dissimilar metals to create a temperature-sensitive electrical current. This current can be used to activate or deactivate an electrical circuit, depending on the desired application. Bimetal sensors are often used in thermostats, where they are paired with a heating element to control the temperature of a room or object.
Axial Type Bimetal Sensor:
Axial type bimetal sensor is a device that has two metals separated by an insulating barrier, when the voltage is applied between the two barriers then it forms a circuit. The most commonly used metals for this are aluminum and copper.
The major factor driving the growth of Axial Type Bimetal Sensor market is increasing demand from various sectors such as automotive, consumer electronics and medical among others.
Radial Type Bimetal Sensor:
The radial type bimetal sensor is a device that consists of two metals, which are connected by an electrical circuit. The two metals can be different types or grades such as aluminum and copper or stainless steel and silver. As the name suggests, the sensor is used in applications where there are high magnetic fields present such as in electric motors, transformers etc.
Application Insights:
The automotive sector dominated the global market in terms of revenue share in 2017. The rising need for advanced driver-assistance systems is expected to drive the demand for bimetal sensors over the forecast period. Furthermore, increasing sales of electric vehicles across major markets are anticipated to further fuel product demand over the coming years.
Electrical and electronics equipment segment accounted for a significant share in 2017 owing to growing use of bimetallic sensors as switches and positioners in various industries including medical, aerospace & defense, etc. Bimetric sensing technology offers several advantages such as compactness and low power consumption which makes it suitable for numerous applications including consumer electronics or automobiles where size matters a lot.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, rising automotive production, expanding consumer electronics manufacturing base in China and India. Furthermore, growing demand for smart cities across these countries is anticipated to drive bimetal sensor demand over the forecast period.
North America accounted for a significant share of global revenue owing to high product penetration in automobile industry coupled with stringent emission norms implemented by U.S EPA concerning vehicular emissions which has led North America being an early adopter of bimetal sensors technology compared to other regions globally. Moreover, presence of major aircraft manufacturers such as Boeing and Airbus along with electronic appliances manufacturers such as Emerson Electric Co., Inc.
Growth Factors:
- Increasing demand from automotive industry for fuel efficiency and emission control
- Growing demand for bimetal sensors in medical devices and appliances
- Rising adoption of bimetal sensors in packaging and printing industries
- Increasing use of bimetal sensors in HVAC systems
- Technological advancements leading to development of more sensitive and accurate bimetal sensors
Scope Of The Report
Report Attributes
Report Details
Report Title
Bimetal Sensor Market Research Report
By Type
Axial Type Bimetal Sensor, Radial Type Bimetal Sensor, 135°Direction Bimetallic Sensor, Universal Bimetal Sensor
By Application
Industrial Machinery, Aerospace, Electronic Appliances, Car Traffic
By Companies
BOSCH, Sensirion, OMRON, AMS, Nenvitech, MEMS Vision, IDT, TDK, David Lai Sensing, Hanwei Electronics, Leanstar, Cubic Sensor and Instrument
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Bimetal Sensor Market Report Segments:
The global Bimetal Sensor market is segmented on the basis of:
Types
Axial Type Bimetal Sensor, Radial Type Bimetal Sensor, 135°Direction Bimetallic Sensor, Universal Bimetal Sensor
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
Industrial Machinery, Aerospace, Electronic Appliances, Car Traffic
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:
- BOSCH
- Sensirion
- OMRON
- AMS
- Nenvitech
- MEMS Vision
- IDT
- TDK
- David Lai Sensing
- Hanwei Electronics
- Leanstar
- Cubic Sensor and Instrument
Highlights of The Bimetal Sensor 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:
- Axial Type Bimetal Sensor
- Radial Type Bimetal Sensor
- 135°Direction Bimetallic Sensor
- Universal Bimetal Sensor
- By Application:
- Industrial Machinery
- Aerospace
- Electronic Appliances
- Car Traffic
- 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 Bimetal Sensor 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.
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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?
A bimetal sensor is a type of electronic sensor that uses two different metals to create an electrical current. When one metal is placed in close proximity to the other, an electric current will flow between them. This current can be used to detect changes in the amount of metal present, which can then be used for various purposes such as detecting movement or opening doors.
Some of the major players in the bimetal sensor market are BOSCH, Sensirion, OMRON, AMS, Nenvitech, MEMS Vision, IDT, TDK, David Lai Sensing, Hanwei Electronics, Leanstar, Cubic Sensor and Instrument.
The bimetal sensor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bimetal Sensor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bimetal Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bimetal Sensor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bimetal Sensor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bimetal Sensor Market Size & Forecast, 2020-2028
4.5.1 Bimetal Sensor Market Size and Y-o-Y Growth
4.5.2 Bimetal Sensor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Axial Type Bimetal Sensor
5.2.2 Radial Type Bimetal Sensor
5.2.3 135°Direction Bimetallic Sensor
5.2.4 Universal Bimetal Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Machinery
6.2.2 Aerospace
6.2.3 Electronic Appliances
6.2.4 Car Traffic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bimetal Sensor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bimetal Sensor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Axial Type Bimetal Sensor
9.6.2 Radial Type Bimetal Sensor
9.6.3 135°Direction Bimetallic Sensor
9.6.4 Universal Bimetal Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Machinery
9.10.2 Aerospace
9.10.3 Electronic Appliances
9.10.4 Car Traffic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Axial Type Bimetal Sensor
10.6.2 Radial Type Bimetal Sensor
10.6.3 135°Direction Bimetallic Sensor
10.6.4 Universal Bimetal Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Machinery
10.10.2 Aerospace
10.10.3 Electronic Appliances
10.10.4 Car Traffic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Axial Type Bimetal Sensor
11.6.2 Radial Type Bimetal Sensor
11.6.3 135°Direction Bimetallic Sensor
11.6.4 Universal Bimetal Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Machinery
11.10.2 Aerospace
11.10.3 Electronic Appliances
11.10.4 Car Traffic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Axial Type Bimetal Sensor
12.6.2 Radial Type Bimetal Sensor
12.6.3 135°Direction Bimetallic Sensor
12.6.4 Universal Bimetal Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Machinery
12.10.2 Aerospace
12.10.3 Electronic Appliances
12.10.4 Car Traffic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Axial Type Bimetal Sensor
13.6.2 Radial Type Bimetal Sensor
13.6.3 135°Direction Bimetallic Sensor
13.6.4 Universal Bimetal Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Machinery
13.10.2 Aerospace
13.10.3 Electronic Appliances
13.10.4 Car Traffic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bimetal Sensor Market: Competitive Dashboard
14.2 Global Bimetal Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BOSCH
14.3.2 Sensirion
14.3.3 OMRON
14.3.4 AMS
14.3.5 Nenvitech
14.3.6 MEMS Vision
14.3.7 IDT
14.3.8 TDK
14.3.9 David Lai Sensing
14.3.10 Hanwei Electronics
14.3.11 Leanstar
14.3.12 Cubic Sensor and Instrument
