Market Overview:
The global RTD sensor (platinum resistance temperature 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 platinum resistance temperature sensors in consumer electronics, power generation, automotive, petrochemical and healthcare applications. Additionally, the growing demand for RTD sensors in industrial and other applications is also contributing to the growth of this market. Based on type, the global RTD sensor (platinum resistance temperature sensor) market can be segmented into industrial platinum resistance thermometers, standard platinum resistance thermometers and secondary standard platinum resistance thermometers. Industrial platinum resistance thermometers are used for measuring temperatures in high-temperature environments such as furnaces or boilers; whereas standard platinum Resistance thermometers are used for measuring temperatures that fall within a specific range or accuracy requirement.
Product Definition:
A platinum resistance temperature detector (RTD) is a type of thermometer used to measure the temperature of a material. RTDs are made of platinum wire, ribbon, or film and are often used in industrial applications. The most common type of RTD is the Pt100, which has a resistance that changes linearly with temperature.
Industrial Platinum Resistance Thermometers:
Industrial platinum resistance thermometers is a type of precision instrument used to measure temperature. It’s an electronic device that generates an electrical signal proportional to the temperature and converts it into a digital number. The higher the better, typically 3-5 Mohm is ideal for most industrial applications. Platinum RTD sensors are preferred over other materials owing to their high thermal stability, low maintenance requirements & cost performance ratio among others.
Standard Platinum Resistance Thermometers:
The standard platinum resistance thermometers are used in the RTD sensor market to measure temperature. The RTD sensors have a small metal filament or wire that is heated until it reaches the temperature of interest, and then it is allowed to cool down slowly.
Application Insights:
The automotive segment is estimated to be the fastest-growing application segment over the forecast period. RTD sensors are used in various automotive applications such as engine temperature monitoring, transmission temperature monitoring, and exhaust gas temperatures. The increasing demand for fuel-efficient vehicles is expected to drive the adoption of RTD sensors in automobiles over the coming years.
Industrial platinum resistance thermometers are widely used for industrial process control and manufacturing automation applications across diverse industries such as oil & gas, chemical, food processing etc.
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 a growing demand for RTDs from various end-use industries, such as healthcare, industrial, automotive & transportation, consumer electronics and power generation. This growth can be attributed to rising product penetration in emerging countries of China and India along with increasing R&D activities by industry players.
The Middle East & Africa (MEA) region is projected to register significant growth over the forecast period owing to rapid development in oil & gas exploration activities across several African countries including Nigeria, Kenya, Egypt among others. MEA also happens to be one of the most lucrative regions when it comes comes about investing on advanced technologies especially those related thermometers that are used for temperature measurement applications across industries such as energy management/efficiency enhancement in HVAC systems; process monitoring; pipeline monitoring; etc.).
Growth Factors:
- Increasing demand for RTD sensors in the automotive industry for temperature monitoring of engines, exhaust systems, and other components
- Growing demand from the oil and gas industry for RTD sensors in exploration and production activities
- Rising popularity of RTDs in data centers to monitor temperatures of servers, racks, and other equipment
- Proliferation of smart buildings that use advanced sensing technologies for energy management purposes
- Increased adoption of RTDs in medical devices to measure body temperature
Scope Of The Report
Report Attributes
Report Details
Report Title
RTD Sensor (Platinum Resistance Temperature Sensor) Market Research Report
By Type
Industrial Platinum Resistance Thermometers, Standard Platinum Resistance Thermometers, Secondary Standard Platinum Resistance Thermometers
By Application
Consumer Electronics, Power Generation, Automotive, Petrochemical, Healthcare, Industrial, Others
By Companies
TE Connectivity Measurement Specialties, Diodes Incorporated, Honeywell, US Sensor, Vishay Beyschlag, OMEGA Engineering, Applied Measurement & Control, Onset Computer Corp, Jumo, Kimo Instruments, SensorTemp, Thermo-Kinetics Company Limited
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Report Segments:
The global RTD Sensor (Platinum Resistance Temperature Sensor) market is segmented on the basis of:
Types
Industrial Platinum Resistance Thermometers, Standard Platinum Resistance Thermometers, Secondary Standard Platinum Resistance Thermometers
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
Consumer Electronics, Power Generation, Automotive, Petrochemical, Healthcare, Industrial, 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:
- TE Connectivity Measurement Specialties
- Diodes Incorporated
- Honeywell
- US Sensor
- Vishay Beyschlag
- OMEGA Engineering
- Applied Measurement & Control
- Onset Computer Corp
- Jumo
- Kimo Instruments
- SensorTemp
- Thermo-Kinetics Company Limited
Highlights of The RTD Sensor (Platinum Resistance Temperature 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:
- Industrial Platinum Resistance Thermometers
- Standard Platinum Resistance Thermometers
- Secondary Standard Platinum Resistance Thermometers
- By Application:
- Consumer Electronics
- Power Generation
- Automotive
- Petrochemical
- Healthcare
- Industrial
- 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 RTD Sensor (Platinum Resistance Temperature 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?
RTD sensors are used to measure the temperature of a liquid or gas. They are made from platinum and have a resistance that changes as the temperature changes. This allows them to be used to measure temperatures accurately.
Some of the key players operating in the rtd sensor (platinum resistance temperature sensor) market are TE Connectivity Measurement Specialties, Diodes Incorporated, Honeywell, US Sensor, Vishay Beyschlag, OMEGA Engineering, Applied Measurement & Control, Onset Computer Corp, Jumo, Kimo Instruments, SensorTemp, Thermo-Kinetics Company Limited.
The rtd sensor (platinum resistance temperature sensor) 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 RTD Sensor (Platinum Resistance Temperature 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 RTD Sensor (Platinum Resistance Temperature 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 RTD Sensor (Platinum Resistance Temperature 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size & Forecast, 2018-2028 4.5.1 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size and Y-o-Y Growth 4.5.2 RTD Sensor (Platinum Resistance Temperature Sensor) Market Absolute $ Opportunity
Chapter 5 Global RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
5.2.1 Industrial Platinum Resistance Thermometers
5.2.2 Standard Platinum Resistance Thermometers
5.2.3 Secondary Standard Platinum Resistance Thermometers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Power Generation
6.2.3 Automotive
6.2.4 Petrochemical
6.2.5 Healthcare
6.2.6 Industrial
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RTD Sensor (Platinum Resistance Temperature 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 RTD Sensor (Platinum Resistance Temperature 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 RTD Sensor (Platinum Resistance Temperature Sensor) Analysis and Forecast
9.1 Introduction
9.2 North America RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
9.6.1 Industrial Platinum Resistance Thermometers
9.6.2 Standard Platinum Resistance Thermometers
9.6.3 Secondary Standard Platinum Resistance Thermometers
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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Power Generation
9.10.3 Automotive
9.10.4 Petrochemical
9.10.5 Healthcare
9.10.6 Industrial
9.10.7 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 RTD Sensor (Platinum Resistance Temperature Sensor) Analysis and Forecast
10.1 Introduction
10.2 Europe RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
10.6.1 Industrial Platinum Resistance Thermometers
10.6.2 Standard Platinum Resistance Thermometers
10.6.3 Secondary Standard Platinum Resistance Thermometers
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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Power Generation
10.10.3 Automotive
10.10.4 Petrochemical
10.10.5 Healthcare
10.10.6 Industrial
10.10.7 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 RTD Sensor (Platinum Resistance Temperature Sensor) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
11.6.1 Industrial Platinum Resistance Thermometers
11.6.2 Standard Platinum Resistance Thermometers
11.6.3 Secondary Standard Platinum Resistance Thermometers
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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Power Generation
11.10.3 Automotive
11.10.4 Petrochemical
11.10.5 Healthcare
11.10.6 Industrial
11.10.7 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 RTD Sensor (Platinum Resistance Temperature Sensor) Analysis and Forecast
12.1 Introduction
12.2 Latin America RTD Sensor (Platinum Resistance Temperature Sensor) 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
12.6.1 Industrial Platinum Resistance Thermometers
12.6.2 Standard Platinum Resistance Thermometers
12.6.3 Secondary Standard Platinum Resistance Thermometers
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 RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Power Generation
12.10.3 Automotive
12.10.4 Petrochemical
12.10.5 Healthcare
12.10.6 Industrial
12.10.7 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) RTD Sensor (Platinum Resistance Temperature Sensor) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) RTD Sensor (Platinum Resistance Temperature Sensor) 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) RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Type
13.6.1 Industrial Platinum Resistance Thermometers
13.6.2 Standard Platinum Resistance Thermometers
13.6.3 Secondary Standard Platinum Resistance Thermometers
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) RTD Sensor (Platinum Resistance Temperature Sensor) Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Power Generation
13.10.3 Automotive
13.10.4 Petrochemical
13.10.5 Healthcare
13.10.6 Industrial
13.10.7 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 RTD Sensor (Platinum Resistance Temperature Sensor) Market: Competitive Dashboard
14.2 Global RTD Sensor (Platinum Resistance Temperature Sensor) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TE Connectivity Measurement Specialties
14.3.2 Diodes Incorporated
14.3.3 Honeywell
14.3.4 US Sensor
14.3.5 Vishay Beyschlag
14.3.6 OMEGA Engineering
14.3.7 Applied Measurement & Control
14.3.8 Onset Computer Corp
14.3.9 Jumo
14.3.10 Kimo Instruments
14.3.11 SensorTemp
14.3.12 Thermo-Kinetics Company Limited