Market Overview:
The global wired temperature sensor 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 wired temperature sensors in various applications, such as automotive, electronics, manufacturing, aerospace and defense, oil and gas, healthcare and marine. Additionally, the growing demand for smart devices is also contributing to the growth of this market.
Product Definition:
A wired temperature sensor is a device that can measure and monitor the ambient temperature. It is important to use a wired temperature sensor in order to get an accurate reading of the surrounding environment.
One Wire:
One wire is a single conductor of high electrical resistance, which is used as a temperature sensor. It can be made from various materials such as copper, aluminum and other metals. The material selected depends on the application it's going to be used for. One wire has two ends; anode and cathode (negative and positive). Anode end is usually connected to +ve terminal of the circuit while cathode end connects with -ve terminal of the circuit.
Two Wire:
The two wire system is used in wired temperature sensors. It consists of TMP (temperature monitoring platform) and TMU (temperature monitoring unit). The basic function of these sensors is to convert the temperature reading from a sensor into an electrical signal that can be read by the microcontroller or computer.
These sensors are widely used in applications such as smoke alarms, fire detectors, water heaters, cooking appliances like microwave ovens.
Application Insights:
The manufacturing application segment led the global wired temperature sensor market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing use of these products in industrial automation applications, such as material handling, machine tending and automated guided vehicles. Furthermore, these devices are used for process control in various industries including oil & gas and food processing. The growing electronics industry across the globe is also expected to contribute significantly towards product demand over the next eight years.
Automotive was another prominent segment that accounted for a considerable share of this market in 2017 owing to its rising penetration across all major regions globally. These devices are used for engine monitoring as well as chassis monitoring functions by automotive manufacturers worldwide due to their high accuracy requirements from safety-critical applications at both ends of vehicle powertrain life cycle (vehicle assembly & component manufacturing).
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% from 2018 to 2030. The growth can be attributed to the increasing adoption of temperature sensors in industrial, manufacturing, and automotive applications. The growing electronics industry in China and India as a result of rising demand for smartphones and other mobile devices is expected to drive the regional market over the forecast period.
The North America region accounted for more than 25% share in 2016 owing to high product penetration across various industries including healthcare, manufacturing, oil & gas sector among others.
Growth Factors:
- Increasing demand from the automotive industry for wired temperature sensors for engine management and other vehicle applications
- Growing demand from the HVAC market for wired temperature sensors in building automation and control systems
- Increasing use of wired temperature sensors in process industries, such as oil & gas, chemical processing, and food & beverage manufacturing
- Proliferation of smart buildings and the Internet of Things (IoT) that are driving demand for wireless temperature sensor networks
- Advances in semiconductor technology that are making low-cost, high-performance wired temperature sensors more widely available
Scope Of The Report
Report Attributes
Report Details
Report Title
Wired Temperature Sensor Market Research Report
By Type
One Wire, Two Wire, Three Wire, Others
By Application
Automotive, Electronics, Manufacturing, Aerospace and Defense, Oil and Gas, Healthcare, Marine
By Companies
TEXYS, Siemens, Ranco, WIKA Alexander Wiegand, OMEGA, Sensata Technologies, Danfoss, B Braime Components, TEWA Sensors, Val.co
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Wired Temperature Sensor Market Report Segments:
The global Wired Temperature Sensor market is segmented on the basis of:
Types
One Wire, Two Wire, Three Wire, Others
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, Electronics, Manufacturing, Aerospace and Defense, Oil and Gas, Healthcare, Marine
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:
- TEXYS
- Siemens
- Ranco
- WIKA Alexander Wiegand
- OMEGA
- Sensata Technologies
- Danfoss
- B Braime Components
- TEWA Sensors
- Val.co
Highlights of The Wired 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:
- One Wire
- Two Wire
- Three Wire
- Others
- By Application:
- Automotive
- Electronics
- Manufacturing
- Aerospace and Defense
- Oil and Gas
- Healthcare
- Marine
- 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 Wired 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.
How you may use our products:
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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?
A Wired Temperature Sensor is a sensor that uses electrical wiring to send temperature data. This type of sensor is often used in industrial applications, such as manufacturing plants or warehouses, where accurate temperature readings are essential.
Some of the key players operating in the wired temperature sensor market are TEXYS, Siemens, Ranco, WIKA Alexander Wiegand, OMEGA, Sensata Technologies, Danfoss, B Braime Components, TEWA Sensors, Val.co.
The wired 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 Wired 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 Wired Temperature Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wired 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 Wired 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 Wired Temperature Sensor Market Size & Forecast, 2020-2028
4.5.1 Wired Temperature Sensor Market Size and Y-o-Y Growth
4.5.2 Wired Temperature Sensor 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 One Wire
5.2.2 Two Wire
5.2.3 Three Wire
5.2.4 Others
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 Automotive
6.2.2 Electronics
6.2.3 Manufacturing
6.2.4 Aerospace and Defense
6.2.5 Oil and Gas
6.2.6 Healthcare
6.2.7 Marine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wired 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 Wired 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 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 One Wire
9.6.2 Two Wire
9.6.3 Three Wire
9.6.4 Others
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 Automotive
9.10.2 Electronics
9.10.3 Manufacturing
9.10.4 Aerospace and Defense
9.10.5 Oil and Gas
9.10.6 Healthcare
9.10.7 Marine
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 One Wire
10.6.2 Two Wire
10.6.3 Three Wire
10.6.4 Others
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 Automotive
10.10.2 Electronics
10.10.3 Manufacturing
10.10.4 Aerospace and Defense
10.10.5 Oil and Gas
10.10.6 Healthcare
10.10.7 Marine
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 One Wire
11.6.2 Two Wire
11.6.3 Three Wire
11.6.4 Others
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 Automotive
11.10.2 Electronics
11.10.3 Manufacturing
11.10.4 Aerospace and Defense
11.10.5 Oil and Gas
11.10.6 Healthcare
11.10.7 Marine
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 One Wire
12.6.2 Two Wire
12.6.3 Three Wire
12.6.4 Others
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 Automotive
12.10.2 Electronics
12.10.3 Manufacturing
12.10.4 Aerospace and Defense
12.10.5 Oil and Gas
12.10.6 Healthcare
12.10.7 Marine
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 One Wire
13.6.2 Two Wire
13.6.3 Three Wire
13.6.4 Others
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 Automotive
13.10.2 Electronics
13.10.3 Manufacturing
13.10.4 Aerospace and Defense
13.10.5 Oil and Gas
13.10.6 Healthcare
13.10.7 Marine
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 Wired Temperature Sensor Market: Competitive Dashboard
14.2 Global Wired Temperature Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TEXYS
14.3.2 Siemens
14.3.3 Ranco
14.3.4 WIKA Alexander Wiegand
14.3.5 OMEGA
14.3.6 Sensata Technologies
14.3.7 Danfoss
14.3.8 B Braime Components
14.3.9 TEWA Sensors
14.3.10 Val.co
