Market Overview:
The global RTD resistance 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 RTDs in various applications, such as industrial machinery, aerospace, electronic appliances, and car traffic. Additionally, the growing demand for miniaturized sensors is also contributing to the growth of this market. The two-wire RTD segment is expected to hold the largest share of the global RTD resistance market in 2018.
Product Definition:
A resistor thermometer (RTD) is a type of resistance temperature detector (RTD) that uses the principle of resistivity change with temperature to measure temperature. RTDs are often made of platinum, nickel, or copper wire wound into a coil. When the wire is heated, its resistance increases.
Two-wire RTD:
RTD two-wire is a temperature sensor technology that measures temperature in two wires, which are the power and ground. RTD sensors have high accuracy, immunity to noise & offset errors and can be used for various applications such as industrial process control system automation equipment, building automation systems (BAS), automotive engine management systems (EMS) and medical devices.
Three-wire RTD:
Three-wire RTD (Rising Temperature Detection) is a temperature measurement device that uses three wires to transmit data to the measuring equipment. It consists of an RTD probe, which is inserted into the material to be measured, and a sensor on the other end. The two ends are connected by means of an electrical circuit that allows heat flow between them.
The most commonly used materials for making probes include copper.
Application Insights:
The industrial machinery segment accounted for the largest revenue share in 2017 and is anticipated to continue its dominance over the forecast period. The growth can be attributed to factors such as increasing demand for advanced equipment, rapid industrialization, and growing infrastructure spending in developing countries.
Aerospace is expected to be one of the fastest-growing application segments during the forecast period owing to factors such as increasing production rates of commercial aircraft along with military aircrafts and helicopters. This has resulted in an increased need for RTD resistance products that are used across a variety of industries including oil & gas, power generation, automotive manufacturing among others.
Electronic appliances segment also holds significant market share due to high product demand from refrigerators/freezers (built-in) through heat pumps (external) up till air conditioners (built-in).
Regional Analysis:
The Asia Pacific regional market accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial machinery, aerospace, automotive and electronics manufacturing sectors. This trend is projected to continue over the next eight years, thereby driving product demand across this region.
Countries such as China, India Japan are investing heavily in infrastructure development activities which includes construction of offices buildings and homes among others. These investments have led to an increase in consumer appliances including refrigerators cars among others which require RTD sensors for temperature measurement applications thus driving product demand across this region significantly.
Europe was estimated as a significant contributor towards global industry growth owing to presence of major automobile manufacturers such as Daimler AG; BMW Group; Fiat Chrysler Automobiles N.V.
Growth Factors:
- Increasing demand for RTD resistance in various end-use industries such as automotive, aerospace, and defense due to the advantages offered by these resistors over traditional wire wound resistors.
- Growing popularity of miniaturized and high-density circuit boards that require RTD resistors with low thermal mass and high power dissipation ratings.
- Proliferation of advanced manufacturing technologies such as surface mount technology (SMT) that helps reduce the size and weight of RTD resistors, making them ideal for portable electronics applications.
- Rising demand for custom-made resistor products to meet specific requirements of individual customers or applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
RTD Resistance Market Research Report
By Type
Two-wire RTD, Three-wire RTD, Four-wire RTD
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global RTD Resistance Market Report Segments:
The global RTD Resistance market is segmented on the basis of:
Types
Two-wire RTD, Three-wire RTD, Four-wire RTD
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 RTD Resistance 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:
- Two-wire RTD
- Three-wire RTD
- Four-wire RTD
- 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 RTD Resistance 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
RTD Resistance is the measure of how much heat a resistor can dissipate before it starts to fail.
Some of the key players operating in the rtd resistance market are BOSCH, Sensirion, OMRON, AMS, Nenvitech, MEMS Vision, IDT, TDK, David Lai Sensing, Hanwei Electronics, Leanstar, Cubic Sensor and Instrument.
The rtd resistance 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 RTD Resistance 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 RTD Resistance Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RTD Resistance 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 RTD Resistance 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 RTD Resistance Market Size & Forecast, 2020-2028
4.5.1 RTD Resistance Market Size and Y-o-Y Growth
4.5.2 RTD Resistance 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 Two-wire RTD
5.2.2 Three-wire RTD
5.2.3 Four-wire RTD
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 RTD Resistance 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 RTD Resistance 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 Two-wire RTD
9.6.2 Three-wire RTD
9.6.3 Four-wire RTD
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 Two-wire RTD
10.6.2 Three-wire RTD
10.6.3 Four-wire RTD
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 Two-wire RTD
11.6.2 Three-wire RTD
11.6.3 Four-wire RTD
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 Two-wire RTD
12.6.2 Three-wire RTD
12.6.3 Four-wire RTD
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 Two-wire RTD
13.6.2 Three-wire RTD
13.6.3 Four-wire RTD
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 RTD Resistance Market: Competitive Dashboard
14.2 Global RTD Resistance 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
