Market Overview:
The global HVAC temperature sensors in building applications market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into NTC (negative temperature coefficient), PTC (positive temperature coefficient), RTD (resistance temperature detector), thermocouples (TCs) and others. Among these, NTC dominates the global HVAC temperature sensors in building applications market with a share of more than 50%. This can be attributed to its low manufacturing cost and high accuracy levels as compared to other types of sensors available in the market. On the basis of application, commercial buildings account for majority share in terms of revenue followed by residential buildings and industrial buildings respectively.
Product Definition:
HVAC temperature sensors are used to detect the temperature of air in a building's heating, ventilation, and air conditioning (HVAC) system. They are important for ensuring that the HVAC system is operating at the correct temperature and helping to maintain a comfortable environment for occupants.
NTC:
The global NTC, it's usage and growth factor in HVAC Temperature Sensors in Building Applicatinos market size was valued at USD 4.5 billion in 2016. It is expected to witness a CAGR of XX% from 2017 to 2025 owing to the increasing demand for smart buildings coupled with technological advancements such as Internet of Things (IoT) and Artificial Intelligence (AI).
PTC:
PTC is an abbreviation for Pure Tungsten Carbide. PTC is a tungsten-based semiconductor with the ability to withstand high temperatures. It has replaced most of the conventional tungsten and boron carbide in manufacturing temperature sensors in building applicatinos including furnaces, boilers, fireplaces, and water heaters.
Application Insights:
The commercial building application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing construction activities in commercial buildings, such as offices, shops and malls. Furthermore, rising demand for HVAC systems in data centers is expected to drive the product demand over the coming years. Temperature sensors are used for several applications including space heating or cooling, heat ventilation air conditioning (HVAC), fire protection system monitoring and control purposes among others.
Residential building application segment was valued at USD 544 million in 2017 owing to increasing residential constructions across regions coupled with growing awareness regarding energy efficiency among consumers globally ¢â‚¬Ëœ Building your own home bodes well for energy efficiency as it reduces overall consumption of electricity by about 30%.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rapid industrialization, increasing number of manufacturing facilities, coupled with rising government investments in infrastructure development. In addition, growing population and consumer preference for luxurious living standards are driving demand from residential as well as commercial sectors.
Europe is anticipated to witness significant growth over the forecast period owing to increasing adoption by end-users such as government public sector buildings (GPSB), educational institutes, healthcare institutions, hotels/restaurants etc., which results into increased sales volume of temperature sensors’ products.
Growth Factors:
- Increasing demand for energy-efficient buildings: The global market for energy-efficient buildings is expected to grow at a CAGR of more than 9% from 2016 to 2020. This growth can be attributed to the increasing awareness about the benefits of using energy-efficient building technologies among consumers and businesses. HVAC temperature sensors are an important part of any energy-efficient building system as they help in regulating the temperature inside the building, thus reducing wastage of energy.
- Growing demand for smart buildings: The global market for smart buildings is expected to grow at a CAGR of more than 15% from 2016 to 2020. Smart buildings are those that use various advanced technologies such as Building Automation Systems (BAS), which help in automating various tasks such as controlling lighting, heating, ventilation, and air conditioning (HVAC) systems, among others. Temperature sensors form an integral part of BAS systems and play a key role in maintaining optimal temperatures inside the building premises.
- Rising concerns over indoor air quality: Poor indoor air quality can lead to several health problems such as asthma, allergies, respiratory problems, etc., which is why there is growing demand for devices that can monitor and regulate indoor air quality levels Such devices include HVAC temperature sensors which play an important role in maintaining healthy indoor air conditions by regulating temperatures according to preset parameters..
Scope Of The Report
Report Attributes
Report Details
Report Title
HVAC Temperature Sensors in Building Applicatinos Market Research Report
By Type
NTC, PTC, RTD, Thermocouples (TCs), Others
By Application
Commercial Building, Residential Building, Industrial Building, Government Public Sectors Building
By Companies
Siemens, Schneider, Johnson Controls, Honeywell, Danfoss Electronics, TE, KROHNE, Greystone Energy Systems, BAPI, E+E Elektronik Ges.m.b.H, Siemens
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global HVAC Temperature Sensors in Building Applicatinos Market Report Segments:
The global HVAC Temperature Sensors in Building Applicatinos market is segmented on the basis of:
Types
NTC, PTC, RTD, Thermocouples (TCs), Others
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
Commercial Building, Residential Building, Industrial Building, Government Public Sectors Building
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:
- Siemens
- Schneider
- Johnson Controls
- Honeywell
- Danfoss Electronics
- TE
- KROHNE
- Greystone Energy Systems
- BAPI
- E+E Elektronik Ges.m.b.H
- Siemens
Highlights of The HVAC Temperature Sensors in Building Applicatinos 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:
- NTC
- PTC
- RTD
- Thermocouples (TCs)
- Others
- By Application:
- Commercial Building
- Residential Building
- Industrial Building
- Government Public Sectors Building
- 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 HVAC Temperature Sensors in Building Applicatinos 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?
HVAC Temperature Sensors are used in building applications to measure the temperature of a room or area.
Some of the major companies in the hvac temperature sensors in building applicatinos market are Siemens, Schneider, Johnson Controls, Honeywell, Danfoss Electronics, TE, KROHNE, Greystone Energy Systems, BAPI, E+E Elektronik Ges.m.b.H, Siemens.
The hvac temperature sensors in building applicatinos 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 HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size & Forecast, 2018-2028
4.5.1 HVAC Temperature Sensors in Building Applicatinos Market Size and Y-o-Y Growth
4.5.2 HVAC Temperature Sensors in Building Applicatinos Market Absolute $ Opportunity
Chapter 5 Global HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
5.2.1 NTC
5.2.2 PTC
5.2.3 RTD
5.2.4 Thermocouples (TCs)
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
6.2.1 Commercial Building
6.2.2 Residential Building
6.2.3 Industrial Building
6.2.4 Government Public Sectors Building
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Analysis and Forecast
9.1 Introduction
9.2 North America HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
9.6.1 NTC
9.6.2 PTC
9.6.3 RTD
9.6.4 Thermocouples (TCs)
9.6.5 Others
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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
9.10.1 Commercial Building
9.10.2 Residential Building
9.10.3 Industrial Building
9.10.4 Government Public Sectors Building
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 HVAC Temperature Sensors in Building Applicatinos Analysis and Forecast
10.1 Introduction
10.2 Europe HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
10.6.1 NTC
10.6.2 PTC
10.6.3 RTD
10.6.4 Thermocouples (TCs)
10.6.5 Others
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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
10.10.1 Commercial Building
10.10.2 Residential Building
10.10.3 Industrial Building
10.10.4 Government Public Sectors Building
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 HVAC Temperature Sensors in Building Applicatinos Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
11.6.1 NTC
11.6.2 PTC
11.6.3 RTD
11.6.4 Thermocouples (TCs)
11.6.5 Others
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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
11.10.1 Commercial Building
11.10.2 Residential Building
11.10.3 Industrial Building
11.10.4 Government Public Sectors Building
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 HVAC Temperature Sensors in Building Applicatinos Analysis and Forecast
12.1 Introduction
12.2 Latin America HVAC Temperature Sensors in Building Applicatinos 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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
12.6.1 NTC
12.6.2 PTC
12.6.3 RTD
12.6.4 Thermocouples (TCs)
12.6.5 Others
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 HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
12.10.1 Commercial Building
12.10.2 Residential Building
12.10.3 Industrial Building
12.10.4 Government Public Sectors Building
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) HVAC Temperature Sensors in Building Applicatinos Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) HVAC Temperature Sensors in Building Applicatinos 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) HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Type
13.6.1 NTC
13.6.2 PTC
13.6.3 RTD
13.6.4 Thermocouples (TCs)
13.6.5 Others
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) HVAC Temperature Sensors in Building Applicatinos Market Size Forecast by Applications
13.10.1 Commercial Building
13.10.2 Residential Building
13.10.3 Industrial Building
13.10.4 Government Public Sectors Building
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 HVAC Temperature Sensors in Building Applicatinos Market: Competitive Dashboard
14.2 Global HVAC Temperature Sensors in Building Applicatinos Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Siemens
14.3.2 Schneider
14.3.3 Johnson Controls
14.3.4 Honeywell
14.3.5 Danfoss Electronics
14.3.6 TE
14.3.7 KROHNE
14.3.8 Greystone Energy Systems
14.3.9 BAPI
14.3.10 E+E Elektronik Ges.m.b.H
14.3.11 Siemens
