Market Overview:
The global high temperature thermocouples market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high temperature thermocouples in various applications, such as steel industry, glass and ceramics industry, aerospace, metallurgy/heat treatment, power gen., aircraft jet engines, automotive/RTD and medical equipment. In addition, the growing demand for high-temperature thermocouples from emerging economies is also contributing to the growth of this market. However, factors such as volatility in prices of raw materials used in manufacturing these devices may restrain the growth of this market during the forecast period. On basis on type ,the global high temperature thermocouplemarket is segmented into type K ,type N ,type R and type S .Type K held a dominant position in 2017and is projectedto maintain its dominanceduringthe forecastperiod .
Product Definition:
A thermocouple is a two-wire electrical device that produces a voltage proportional to the temperature difference between its two junctions, which are made of different types of metal. Thermocouples are used in a wide variety of temperature measurement and control applications.
The importance of high-temperature thermocouples is their ability to withstand very high temperatures without breaking down. This makes them ideal for use in industrial settings where extreme heat is common.
Type K:
The Type K is a special type of thermocouples, designed for high temperature applications. It has an operating range from 300°C to 1000°C and can be used in industrial furnaces, ovens as well as heating systems. The most important factor that differentiates this type of thermocouples from other types is its resistance to oxidation at high temperatures.
Type N:
Type N is a special type of thermocouples, which are widely used in high temperature applications. It has higher resistance to oxidation and lower coefficient of thermal expansion as compared to other types. These features make it suitable for use in heat exchangers, ovens, furnaces and other high temperature applications.
Application Insights:
The application segment includes steel industry, glass and ceramics industry, aerospace, metallurgy/heat treatment, power generation & engineering, automotive/RTD (ready-to-drink) equipment manufacturing process control instrumentation market. The steel industry was the largest revenue contributor in 2016 and is expected to maintain its dominance over the forecast period.
High temperature thermocouples are used in various processes such as melting process of iron and steel; heating process of glass; ceramic glazes processing; heat treatment of metals & alloys for improving their mechanical properties at elevated temperatures. In addition to this they are also used in aircraft engine combustion chambers for measuring temperature accurately during engine operation which helps optimize performance by ensuring optimum fuel efficiency.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for high temperature thermocouples in industries such as aerospace, automotive, power generation and others. The growth can be attributed to rising investments in industrial development along with supportive government policies aimed at promoting manufacturing activities within the region.
The presence of key aircraft manufacturers such as Boeing and Airbus along with automobile giants like Volkswagen Group coupled will increase demand for high temperature thermocouples in Europe is expected drive the global market over the forecast period. In addition, stringent regulations laid down by various regulatory bodies pertaining to energy efficiency are anticipated boost product demand within this region over next eight years.
North America accounted for exceeding 18% share of global revenue in 2017 owing its significant application scope within power generation sector which includes gas turbines used by electricity producers including General Electric and Siemens among other large users including municipal corporations.
Growth Factors:
- Increasing demand for high temperature thermocouples from various end-use industries such as automotive, aerospace, and energy & power to meet the growing needs of these industries.
- Growing demand for miniaturized and high-precision thermocouples to cater to the increasing demand for smaller and more accurate sensors across various applications.
- Rising investments in research and development activities by leading players in the market to develop new technologies and products that can address the growing needs of consumers.
- Growing popularity of smart thermal management systems that use advanced thermocouple technologies for efficient heat management in a variety of industrial applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Thermocouples Market Research Report
By Type
Type K, Type N, Type R, Type S
By Application
Steel Industry, Glass and Ceramics Industry, Aerospace, Metallurgy/Heat Treatment, Power Gen, Aircraft Jet Engines, Automotive/RTD, Medical, Food Equipment, Others
By Companies
WIKA, Omega, Watlow, TC Ltd, Tempco, Belden, Pelican Wire, National Instruments, Indutrade (Pentronic), Pyromation, Hi Temp Solutions
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Thermocouples Market Report Segments:
The global High Temperature Thermocouples market is segmented on the basis of:
Types
Type K, Type N, Type R, Type S
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
Steel Industry, Glass and Ceramics Industry, Aerospace, Metallurgy/Heat Treatment, Power Gen, Aircraft Jet Engines, Automotive/RTD, Medical, Food Equipment, 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:
- WIKA
- Omega
- Watlow
- TC Ltd
- Tempco
- Belden
- Pelican Wire
- National Instruments
- Indutrade (Pentronic)
- Pyromation
- Hi Temp Solutions
Highlights of The High Temperature Thermocouples 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:
- Type K
- Type N
- Type R
- Type S
- By Application:
- Steel Industry
- Glass and Ceramics Industry
- Aerospace
- Metallurgy/Heat Treatment
- Power Gen
- Aircraft Jet Engines
- Automotive/RTD
- Medical
- Food Equipment
- 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 High Temperature Thermocouples 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?
High Temperature Thermocouples are a type of thermocouple that is used to measure high temperature. They are made from two metal wires that are insulated by an insulating material. When the two metal wires come into contact with each other, they create a small electrical current. This current can be measured and used to determine the temperature of the object being monitored.
Some of the major players in the high temperature thermocouples market are WIKA, Omega, Watlow, TC Ltd, Tempco, Belden, Pelican Wire, National Instruments, Indutrade (Pentronic), Pyromation, Hi Temp Solutions.
The high temperature thermocouples market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Thermocouples 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 High Temperature Thermocouples Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Thermocouples 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 High Temperature Thermocouples 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 High Temperature Thermocouples Market Size & Forecast, 2020-2028
4.5.1 High Temperature Thermocouples Market Size and Y-o-Y Growth
4.5.2 High Temperature Thermocouples 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 Type K
5.2.2 Type N
5.2.3 Type R
5.2.4 Type S
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 Steel Industry
6.2.2 Glass and Ceramics Industry
6.2.3 Aerospace
6.2.4 Metallurgy/Heat Treatment
6.2.5 Power Gen
6.2.6 Aircraft Jet Engines
6.2.7 Automotive/RTD
6.2.8 Medical
6.2.9 Food Equipment
6.2.10 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Thermocouples 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 High Temperature Thermocouples 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 Type K
9.6.2 Type N
9.6.3 Type R
9.6.4 Type S
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 Steel Industry
9.10.2 Glass and Ceramics Industry
9.10.3 Aerospace
9.10.4 Metallurgy/Heat Treatment
9.10.5 Power Gen
9.10.6 Aircraft Jet Engines
9.10.7 Automotive/RTD
9.10.8 Medical
9.10.9 Food Equipment
9.10.10 Others
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 Type K
10.6.2 Type N
10.6.3 Type R
10.6.4 Type S
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 Steel Industry
10.10.2 Glass and Ceramics Industry
10.10.3 Aerospace
10.10.4 Metallurgy/Heat Treatment
10.10.5 Power Gen
10.10.6 Aircraft Jet Engines
10.10.7 Automotive/RTD
10.10.8 Medical
10.10.9 Food Equipment
10.10.10 Others
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 Type K
11.6.2 Type N
11.6.3 Type R
11.6.4 Type S
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 Steel Industry
11.10.2 Glass and Ceramics Industry
11.10.3 Aerospace
11.10.4 Metallurgy/Heat Treatment
11.10.5 Power Gen
11.10.6 Aircraft Jet Engines
11.10.7 Automotive/RTD
11.10.8 Medical
11.10.9 Food Equipment
11.10.10 Others
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 Type K
12.6.2 Type N
12.6.3 Type R
12.6.4 Type S
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 Steel Industry
12.10.2 Glass and Ceramics Industry
12.10.3 Aerospace
12.10.4 Metallurgy/Heat Treatment
12.10.5 Power Gen
12.10.6 Aircraft Jet Engines
12.10.7 Automotive/RTD
12.10.8 Medical
12.10.9 Food Equipment
12.10.10 Others
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 Type K
13.6.2 Type N
13.6.3 Type R
13.6.4 Type S
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 Steel Industry
13.10.2 Glass and Ceramics Industry
13.10.3 Aerospace
13.10.4 Metallurgy/Heat Treatment
13.10.5 Power Gen
13.10.6 Aircraft Jet Engines
13.10.7 Automotive/RTD
13.10.8 Medical
13.10.9 Food Equipment
13.10.10 Others
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 High Temperature Thermocouples Market: Competitive Dashboard
14.2 Global High Temperature Thermocouples Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 WIKA
14.3.2 Omega
14.3.3 Watlow
14.3.4 TC Ltd
14.3.5 Tempco
14.3.6 Belden
14.3.7 Pelican Wire
14.3.8 National Instruments
14.3.9 Indutrade (Pentronic)
14.3.10 Pyromation
14.3.11 Hi Temp Solutions
