Market Overview:
The global RTD temperature sensor 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 RTD temperature sensors in various applications such as automotive industry, HVAC, pharmaceutical industry, food industry and others. Additionally, the growing demand for miniaturized and low-cost RTD temperature sensors is also contributing to the growth of this market. Based on type, screw-in mounting type is expected to hold a major share of the global RTD temperature sensor market during the forecast period from 2018 to 2030. This can be attributed to its easy installation and compatibility with various types of surfaces.
Product Definition:
An RTD temperature sensor is a device that uses the resistance of a wire to measure temperature. The higher the temperature, the higher the resistance. This type of sensor is often used in industrial settings because it can provide very accurate readings over a wide range of temperatures.
Screw-In Mounting:
Screw-in mounting is a method of installing electronic components in a circuit board that uses threads to secure the parts together. The method provides mechanical strength and electrical connectivity between the part and its surroundings. It’s major advantage is that it can be used with almost all types of circuit boards, unlike adhesive or soldering which are generally used for surface mount devices (SMD) only.
Wall-Mount Mounting:
Wall-mount mounting is a method of installing an electronic device on the wall. It is mostly used in case of commercial and industrial temperature sensors where there are no specific directions for placement. In such cases, these devices are usually mounted on the outer surface of building walls to monitor or control various processes or systems taking place within a closed environment.
The wall-mounted RTD temperature sensor has become one of the most popular types among end users as it offers easy installation.
Application Insights:
The automotive industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growing automotive sector, especially in countries like India and China, is anticipated to boost product demand from 2018 to 2030. The pharmaceutical industry also accounted for a significant share of the overall revenue in 2017 owing to increasing R&D activities at global level.
In terms of revenue, HVAC applications are projected register a CAGR of XX% from 2018 to 2030 due increased construction activities globally. HVAC systems comprise air handling units (AHUs) which regulate temperature and humidity levels within a building or structure through ventilation ducts or grills on buildings or structures containing heating, cooling & air conditioning (HVAC). AHUs use sensors for monitoring conditions such as airflow rate & volume; temperature; pressure; relative humidity (RH); 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 rapid urbanization, which has resulted in an increasing number of buildings, bridges, tunnels and other structures requiring temperature sensors. Furthermore, countries such as China and Japan are among the top 10 producers of RTDs worldwide. Increasing production capacity across various industries is further driving demand across this region.
The Latin American regional market also held a significant revenue share in 2017 owing to growing automotive industry across Brazil and Argentina coupled with increased spending on infrastructure development activities by governments of these countries.
Growth Factors:
- Increasing demand for RTD temperature sensors in the automotive industry for engine and exhaust gas temperature measurement
- Growing demand from the oil and gas industry for RTD temperature sensors in downhole applications
- Rising adoption of RTD temperature sensors in medical devices and equipment
- Increasing use of RTD temperature sensors in consumer electronics products
- Proliferation of IoT-based smart thermal management systems
Scope Of The Report
Report Attributes
Report Details
Report Title
RTD Temperature Sensor Market Research Report
By Type
Screw-In Mounting, Wall-Mount Mounting, Insertion Mounting, Threaded Mounting, Other
By Application
Automotive Industry, HVAC, Pharmaceutical Industry, Food Industry, Other
By Companies
Honeywell, Danfoss, Dalian Bocon Science & Technology, Baumer Group, TEXYS, OMEGA, Sensata Technologies, GHM Messtechnik GmbH, TE Connectivity, EKO Instruments, Honeywell, Thermal Detection, British Rototherm, Emerson, Conax Technologies, ABB, Innovative Sensor Technology, Focusens Technology, EMCO Controls, Buhler Technologies, PCI INSTRUMENTS LTD, MONTWILL GmbH, Comeco Control & Measurement
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
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global RTD Temperature Sensor Market Report Segments:
The global RTD Temperature Sensor market is segmented on the basis of:
Types
Screw-In Mounting, Wall-Mount Mounting, Insertion Mounting, Threaded Mounting, Other
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
Automotive Industry, HVAC, Pharmaceutical Industry, Food Industry, Other
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:
- Honeywell
- Danfoss
- Dalian Bocon Science & Technology
- Baumer Group
- TEXYS
- OMEGA
- Sensata Technologies
- GHM Messtechnik GmbH
- TE Connectivity
- EKO Instruments
- Honeywell
- Thermal Detection
- British Rototherm
- Emerson
- Conax Technologies
- ABB
- Innovative Sensor Technology
- Focusens Technology
- EMCO Controls
- Buhler Technologies
- PCI INSTRUMENTS LTD
- MONTWILL GmbH
- Comeco Control & Measurement
Highlights of The RTD 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:
- Screw-In Mounting
- Wall-Mount Mounting
- Insertion Mounting
- Threaded Mounting
- Other
- By Application:
- Automotive Industry
- HVAC
- Pharmaceutical Industry
- Food Industry
- Other
- 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 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 temperature sensor is a type of temperature sensor that uses resistance thermometers to measure the temperature.
Some of the major players in the rtd temperature sensor market are Honeywell, Danfoss, Dalian Bocon Science & Technology, Baumer Group, TEXYS, OMEGA, Sensata Technologies, GHM Messtechnik GmbH, TE Connectivity, EKO Instruments, Honeywell, Thermal Detection, British Rototherm, Emerson, Conax Technologies, ABB, Innovative Sensor Technology, Focusens Technology, EMCO Controls, Buhler Technologies, PCI INSTRUMENTS LTD, MONTWILL GmbH, Comeco Control & Measurement.
The rtd 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 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 Temperature Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 RTD 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 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 Temperature Sensor Market Size & Forecast, 2018-2028
4.5.1 RTD Temperature Sensor Market Size and Y-o-Y Growth
4.5.2 RTD Temperature Sensor Market Absolute $ Opportunity
Chapter 5 Global RTD 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 Temperature Sensor Market Size Forecast by Type
5.2.1 Screw-In Mounting
5.2.2 Wall-Mount Mounting
5.2.3 Insertion Mounting
5.2.4 Threaded Mounting
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global RTD 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 Temperature Sensor Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 HVAC
6.2.3 Pharmaceutical Industry
6.2.4 Food Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global RTD 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 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 Temperature Sensor Analysis and Forecast
9.1 Introduction
9.2 North America RTD 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 Temperature Sensor Market Size Forecast by Type
9.6.1 Screw-In Mounting
9.6.2 Wall-Mount Mounting
9.6.3 Insertion Mounting
9.6.4 Threaded Mounting
9.6.5 Other
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 Temperature Sensor Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 HVAC
9.10.3 Pharmaceutical Industry
9.10.4 Food Industry
9.10.5 Other
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 Temperature Sensor Analysis and Forecast
10.1 Introduction
10.2 Europe RTD 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 Temperature Sensor Market Size Forecast by Type
10.6.1 Screw-In Mounting
10.6.2 Wall-Mount Mounting
10.6.3 Insertion Mounting
10.6.4 Threaded Mounting
10.6.5 Other
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 Temperature Sensor Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 HVAC
10.10.3 Pharmaceutical Industry
10.10.4 Food Industry
10.10.5 Other
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 Temperature Sensor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific RTD 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 Temperature Sensor Market Size Forecast by Type
11.6.1 Screw-In Mounting
11.6.2 Wall-Mount Mounting
11.6.3 Insertion Mounting
11.6.4 Threaded Mounting
11.6.5 Other
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 Temperature Sensor Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 HVAC
11.10.3 Pharmaceutical Industry
11.10.4 Food Industry
11.10.5 Other
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 Temperature Sensor Analysis and Forecast
12.1 Introduction
12.2 Latin America RTD 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 Temperature Sensor Market Size Forecast by Type
12.6.1 Screw-In Mounting
12.6.2 Wall-Mount Mounting
12.6.3 Insertion Mounting
12.6.4 Threaded Mounting
12.6.5 Other
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 Temperature Sensor Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 HVAC
12.10.3 Pharmaceutical Industry
12.10.4 Food Industry
12.10.5 Other
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 Temperature Sensor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) RTD 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 Temperature Sensor Market Size Forecast by Type
13.6.1 Screw-In Mounting
13.6.2 Wall-Mount Mounting
13.6.3 Insertion Mounting
13.6.4 Threaded Mounting
13.6.5 Other
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 Temperature Sensor Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 HVAC
13.10.3 Pharmaceutical Industry
13.10.4 Food Industry
13.10.5 Other
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 Temperature Sensor Market: Competitive Dashboard
14.2 Global RTD Temperature Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 Danfoss
14.3.3 Dalian Bocon Science & Technology
14.3.4 Baumer Group
14.3.5 TEXYS
14.3.6 OMEGA
14.3.7 Sensata Technologies
14.3.8 GHM Messtechnik GmbH
14.3.9 TE Connectivity
14.3.10 EKO Instruments
14.3.11 Honeywell
14.3.12 Thermal Detection
14.3.13 British Rototherm
14.3.14 Emerson
14.3.15 Conax Technologies
14.3.16 ABB
14.3.17 Innovative Sensor Technology
14.3.18 Focusens Technology
14.3.19 EMCO Controls
14.3.20 Buhler Technologies
14.3.21 PCI INSTRUMENTS LTD
14.3.22 MONTWILL GmbH
14.3.23 Comeco Control & Measurement
