Market Overview:
The global thermocouple cable market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for temperature sensors in various industries, such as automotive, aerospace & defense, and energy & power. In addition, the growing demand for high-temperature resistant thermocouple cables is also contributing to the growth of the market. Based on type, the global thermocouple cable market can be segmented into generic product and high-temperature resistant product. The generic product segment is expected to dominate the market during the forecast period owing to its low cost and wide availability.
Product Definition:
A thermocouple cable is a type of electrical wiring used to connect two or more thermocouples. Thermocouple cables are often used in industrial and scientific settings, where accurate temperature readings are necessary.
Generic Product:
A generic product is a product, which has no brand name. It is manufactured by an unknown company and sold to the customer without any reference to the manufacturer. The products can be of various types such as wires, cables, rods, sensors etc. A generic product does not carry any patent rights and hence cannot have a unique selling proposition (USP).
High-temperature Resistant Product:
High-temperature resistant product is a type of cable insulation material that is designed to operate at temperatures greater than 250°C. They are used in the manufacturing of thermocouples, which are widely utilized across various industries such as oil & gas, power generation and petrochemical, metal processing and others.
Application Insights:
The temperature sensor application segment dominated the global thermocouple cable market in 2017. This can be attributed to its rising use in industrial and commercial applications. The other application segment includes oil & gas, power generation, automotive and aerospace industries. Thermocouples are used for various applications including coal-fired power plants, natural gas turbines, cement kilns and others which require high accuracy of measurement over wide range of temperatures.
Temperature sensors are widely used across a variety of end-use industries such as food processing; pharmaceuticals; semiconductor manufacturing; metallurgical processes etc., owing to their high accuracy over wide range of measuring temperatures from -40°C to 250°C or 0°Fto+500°F respectively.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of thermocouple cable manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing demand for temperature sensors from various end-use industries, such as industrial, power generation, HVAC & refrigeration and others.
The Asia Pacific regional market is anticipated to witness significant growth over the forecast period owing to rising demand for temperature sensors from various end-use industries in countries such as China and India. In addition, favorable government regulations aimed at promoting investments in energy efficiency are also likely boost industry expansion across this region during the estimated time span.
Growth Factors:
- Increasing demand from the end-use industries
- Growing popularity of thermocouple cables in smart factories
- Rising investments in research and development activities by key players to develop new products
- Proliferation of advanced technologies such as IoT and IIoT across various industries
- Growing number of mergers and acquisitions among key players to expand their product portfolios
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermocouple Cable Market Research Report
By Type
Generic Product, High-temperature Resistant Product
By Application
Temperature Sensor, Other
By Companies
Belden, Anixter, TE Wire, OMEGA Engineering, Nexans, Kanthal, Alpha Wire, Texcan, Batt Cables, Allied Wire & Cable, Belden
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Thermocouple Cable Market Report Segments:
The global Thermocouple Cable market is segmented on the basis of:
Types
Generic Product, High-temperature Resistant Product
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
Temperature Sensor, 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:
- Belden
- Anixter
- TE Wire
- OMEGA Engineering
- Nexans
- Kanthal
- Alpha Wire
- Texcan
- Batt Cables
- Allied Wire & Cable
- Belden
Highlights of The Thermocouple Cable 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:
- Generic Product
- High-temperature Resistant Product
- By Application:
- Temperature Sensor
- 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 Thermocouple Cable 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?
Thermocouple cable is a type of electrical cable that uses two metal wires insulated with an insulating material, such as rubber or plastic, to measure temperature differences. The two wires are connected at one end to a thermometer and the other end to a power supply. When the temperature difference between the two ends exceeds a certain threshold, current flows through the wire and can be used to measure temperatures.
Some of the major players in the thermocouple cable market are Belden, Anixter, TE Wire, OMEGA Engineering, Nexans, Kanthal, Alpha Wire, Texcan, Batt Cables, Allied Wire & Cable, Belden.
The thermocouple cable 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 Thermocouple Cable 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 Thermocouple Cable Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermocouple Cable 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 Thermocouple Cable 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 Thermocouple Cable Market Size & Forecast, 2018-2028
4.5.1 Thermocouple Cable Market Size and Y-o-Y Growth
4.5.2 Thermocouple Cable Market Absolute $ Opportunity
Chapter 5 Global Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Type
5.2.1 Generic Product
5.2.2 High-temperature Resistant Product
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Applications
6.2.1 Temperature Sensor
6.2.2 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermocouple Cable 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 Thermocouple Cable 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 Thermocouple Cable Analysis and Forecast
9.1 Introduction
9.2 North America Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Type
9.6.1 Generic Product
9.6.2 High-temperature Resistant Product
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 Thermocouple Cable Market Size Forecast by Applications
9.10.1 Temperature Sensor
9.10.2 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 Thermocouple Cable Analysis and Forecast
10.1 Introduction
10.2 Europe Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Type
10.6.1 Generic Product
10.6.2 High-temperature Resistant Product
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 Thermocouple Cable Market Size Forecast by Applications
10.10.1 Temperature Sensor
10.10.2 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 Thermocouple Cable Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Type
11.6.1 Generic Product
11.6.2 High-temperature Resistant Product
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 Thermocouple Cable Market Size Forecast by Applications
11.10.1 Temperature Sensor
11.10.2 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 Thermocouple Cable Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermocouple Cable 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 Thermocouple Cable Market Size Forecast by Type
12.6.1 Generic Product
12.6.2 High-temperature Resistant Product
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 Thermocouple Cable Market Size Forecast by Applications
12.10.1 Temperature Sensor
12.10.2 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) Thermocouple Cable Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermocouple Cable 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) Thermocouple Cable Market Size Forecast by Type
13.6.1 Generic Product
13.6.2 High-temperature Resistant Product
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) Thermocouple Cable Market Size Forecast by Applications
13.10.1 Temperature Sensor
13.10.2 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 Thermocouple Cable Market: Competitive Dashboard
14.2 Global Thermocouple Cable Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Belden
14.3.2 Anixter
14.3.3 TE Wire
14.3.4 OMEGA Engineering
14.3.5 Nexans
14.3.6 Kanthal
14.3.7 Alpha Wire
14.3.8 Texcan
14.3.9 Batt Cables
14.3.10 Allied Wire & Cable
14.3.11 Belden
