Market Overview:
The global temperature probes/sensors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for temperature probes/sensors in various applications, such as industries, medical, food and beverage, electronics, oil and gas, automotive industry and others. In addition, the growing awareness about safety and security is also propelling the growth of this market.
Product Definition:
A temperature probe/sensor is a device used to measure the temperature of a substance or object. Temperature probes/sensors are important because they allow us to accurately measure and monitor the temperature of various substances and objects. This information can be used for many purposes, such as regulating the temperature of a room or machine, ensuring that food is cooked properly, or preventing damage to sensitive equipment.
Non-Contact Temperature Sensors:
Non-contact temperature sensors are used to measure the temperature of a non-contact surface. They can be used in various applications such as industrial, medical and food processing industries. The growth factor for non-contact temperature sensors is mainly due to factors like low power consumption, compact size & weight and immunity from electromagnetic interference which makes them suitable for use in medical equipment such as hospital beds or MRI scanners.
Contact Temperature Sensors:
Contact temperature sensors are used in temperature probes/sensors to measure the ambient air or fluid temperatures. The working principle of these sensors is based on the physical principle of heat transfer from hot object to cold surface and vice-versa. These sensors can be either mechanical or thermal in nature, wherein a mechanical sensor consists of two parts - thermocouples and joints while a thermal sensor has one component - thermopile.
Application Insights:
The industries application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The rising demand for process control in various industries such as oil and gas, manufacturing, electricity, construction, mining etc. is expected to drive the industry growth over the forecast period.
The medical application segment is anticipated to witness a significant CAGR of XX% from 2018 to 2030 owing to an increase in usage of non-invasive devices that measure body temperature which has ledto an upsurge in demand for these products globally. Contact type TMPs are preferred over non-contact type TMPs due to their higher accuracy levels during medical procedures such as blood glucose testing and ECG monitoring among others whichis likelyto bode well for market growth during this period.
Regional Analysis:
The North American regional market is anticipated to dominate the global temperature probes/sensors industry in terms of revenue share. The growth can be attributed to the increasing number of manufacturing facilities, rising R&D activities, and high adoption rate for new technologies across various industries. The U.S., being a developed economy, has higher penetration rates for temperature sensors and this trend is expected to continue over the forecast period as well due to their growing applications in industrial machinery and equipment maintenance as well as oilfield drilling operations.
Asia Pacific region accounted for more than 25% of the overall revenue share in 2017 owing to rapid industrialization coupled with developing economies such as China and India which are witnessing an increase in infrastructure development activities at a rapid pace compared with other regions across the globe. This factor is projected to boost product demand over next eight years from 2018 till 2030 time frame.
Growth Factors:
- Increasing demand from the automotive industry for temperature probes/sensors for engine management and emission control systems.
- Growing demand from the medical sector for temperature probes/sensors in patient monitoring and diagnostics applications.
- Rising demand from the food & beverage industry for temperature probes/sensors in quality assurance and process control applications.
- Increasing use of temperature probes/sensors in research and development laboratories for thermal testing and characterization purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Temperature Probes/Sensors Market Research Report
By Type
Non-Contact Temperature Sensors, Contact Temperature Sensors
By Application
Industries, Medical, Food and Beverage, Electronics, Oil and gas, Automotive Industry, Other
By Companies
Emerson, Sensata, Amphenol, TE Connectivity, Texas instruments, Molex, Honeywell, Siemens, ABB, Panasonic Corp, STMicroelectronics, Fluke, Delphi, OMRON, Analog Devices, Microchip Technology, ON Semiconductor, 3M, MEDTRONIC, Medline Industries
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Temperature Probes/Sensors Market Report Segments:
The global Temperature Probes/Sensors market is segmented on the basis of:
Types
Non-Contact Temperature Sensors, Contact Temperature Sensors
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
Industries, Medical, Food and Beverage, Electronics, Oil and gas, Automotive 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:
- Emerson
- Sensata
- Amphenol
- TE Connectivity
- Texas instruments
- Molex
- Honeywell
- Siemens
- ABB
- Panasonic Corp
- STMicroelectronics
- Fluke
- Delphi
- OMRON
- Analog Devices
- Microchip Technology
- ON Semiconductor
- 3M
- MEDTRONIC
- Medline Industries
Highlights of The Temperature Probes/Sensors 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:
- Non-Contact Temperature Sensors
- Contact Temperature Sensors
- By Application:
- Industries
- Medical
- Food and Beverage
- Electronics
- Oil and gas
- Automotive 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 Temperature Probes/Sensors 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?
Temperature probes or sensors are used to measure the temperature of an object. They can be inserted into the object to be measured, or they can be attached to a surface near the object.
Some of the key players operating in the temperature probes/sensors market are Emerson, Sensata, Amphenol, TE Connectivity, Texas instruments, Molex, Honeywell, Siemens, ABB, Panasonic Corp, STMicroelectronics, Fluke, Delphi, OMRON, Analog Devices, Microchip Technology, ON Semiconductor, 3M, MEDTRONIC, Medline Industries.
The temperature probes/sensors 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 Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Temperature Probes/Sensors 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 Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size & Forecast, 2018-2028
4.5.1 Temperature Probes/Sensors Market Size and Y-o-Y Growth
4.5.2 Temperature Probes/Sensors Market Absolute $ Opportunity
Chapter 5 Global Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Type
5.2.1 Non-Contact Temperature Sensors
5.2.2 Contact Temperature Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Applications
6.2.1 Industries
6.2.2 Medical
6.2.3 Food and Beverage
6.2.4 Electronics
6.2.5 Oil and gas
6.2.6 Automotive Industry
6.2.7 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Temperature Probes/Sensors 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 Temperature Probes/Sensors 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 Temperature Probes/Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Type
9.6.1 Non-Contact Temperature Sensors
9.6.2 Contact Temperature Sensors
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 Temperature Probes/Sensors Market Size Forecast by Applications
9.10.1 Industries
9.10.2 Medical
9.10.3 Food and Beverage
9.10.4 Electronics
9.10.5 Oil and gas
9.10.6 Automotive Industry
9.10.7 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 Temperature Probes/Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Type
10.6.1 Non-Contact Temperature Sensors
10.6.2 Contact Temperature Sensors
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 Temperature Probes/Sensors Market Size Forecast by Applications
10.10.1 Industries
10.10.2 Medical
10.10.3 Food and Beverage
10.10.4 Electronics
10.10.5 Oil and gas
10.10.6 Automotive Industry
10.10.7 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 Temperature Probes/Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Type
11.6.1 Non-Contact Temperature Sensors
11.6.2 Contact Temperature Sensors
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 Temperature Probes/Sensors Market Size Forecast by Applications
11.10.1 Industries
11.10.2 Medical
11.10.3 Food and Beverage
11.10.4 Electronics
11.10.5 Oil and gas
11.10.6 Automotive Industry
11.10.7 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 Temperature Probes/Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Temperature Probes/Sensors 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 Temperature Probes/Sensors Market Size Forecast by Type
12.6.1 Non-Contact Temperature Sensors
12.6.2 Contact Temperature Sensors
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 Temperature Probes/Sensors Market Size Forecast by Applications
12.10.1 Industries
12.10.2 Medical
12.10.3 Food and Beverage
12.10.4 Electronics
12.10.5 Oil and gas
12.10.6 Automotive Industry
12.10.7 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) Temperature Probes/Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Temperature Probes/Sensors 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) Temperature Probes/Sensors Market Size Forecast by Type
13.6.1 Non-Contact Temperature Sensors
13.6.2 Contact Temperature Sensors
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) Temperature Probes/Sensors Market Size Forecast by Applications
13.10.1 Industries
13.10.2 Medical
13.10.3 Food and Beverage
13.10.4 Electronics
13.10.5 Oil and gas
13.10.6 Automotive Industry
13.10.7 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 Temperature Probes/Sensors Market: Competitive Dashboard
14.2 Global Temperature Probes/Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emerson
14.3.2 Sensata
14.3.3 Amphenol
14.3.4 TE Connectivity
14.3.5 Texas instruments
14.3.6 Molex
14.3.7 Honeywell
14.3.8 Siemens
14.3.9 ABB
14.3.10 Panasonic Corp
14.3.11 STMicroelectronics
14.3.12 Fluke
14.3.13 Delphi
14.3.14 OMRON
14.3.15 Analog Devices
14.3.16 Microchip Technology
14.3.17 ON Semiconductor
14.3.18 3M
14.3.19 MEDTRONIC
14.3.20 Medline Industries
