© 2016 Global Market Insights, Inc. USA. All Rights Reserved Temperature Sensor Market: Key Technologies and Trends
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Another driver accelerating the temperature sensor market is its substantial use in the oil, gas, and marine applications. These sensors are used for various purposes such as extradition, production, refining, and distribution of oil, gas, and other petrochemicals. Heat tracing sensors are used to measure the temperature of the pipes, which are enclosed in the systems. Technological advancements with the trend of miniaturization in the electronics sector will fuel the market growth. The temperature sensor market is driven by different types of sensors such as contact & non- contact sensor types. Contact sensors are based on conduction and require the object to be in physical contact with the system or object to read the temperature while non-contact temperature sensors are based on radiation and convection to monitor the temperature. They can be used to detect liquids and gases that emit radiant energy. These sensors can be further sub-divided into three groups of sensors, thermistors, resistive temperature detectors, and thermocouple. The most widely used sensor is thermocouple due to its simplified design, ease of use, and quick response to varying temperatures. These are majorly used is diesel engines and industrial processes. The RTD sensor is mostly used in industries such as consumer electronics, oil & gas, food processing, and many more. These are now slowly replacing thermocouple in many industrial applications owing to their higher accuracy. Key Insights from Temperature Sensor Market :
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued… Another major industry driving the temperature sensor market is healthcare. Due to the growing urbanization, increasing population, and health issues, there is a need for safety and security. To cater to the growing medical conditions, the development of more innovative equipment combined with sensor technology is increasing. These components find their applications in several devices including medical incubators, ventilators, and blood analyzers, among others. These are mostly integrated with sensor technology to detect and control the temperature to give reliable, accurate diagnostic results in real-time. Owing to, wide applications in the medical sector, the growth of the temperature sensor market will be proliferated. The consumer electronics segment is propelling the temperature sensor market demand. With the emergence of digitalization, innovative technologies are being integrated with systems and devices. This has led to the increased use of sensor technology and various electronic appliances such as battery chargers. For instance, these sensors are used in car battery chargers to determine when to stop charging, avoiding overcharging of the battery and preventing undercharging of the device. It is also used to turn off the battery charger by sensing the rise in temperature. Owing to these aspects and increasing use in applications, the demand for the temperature sensors is expected to grow over the forecast period.
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market Insight Coverage
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Siemens Honeywell International Inc. DENSO Corporation Infineon Technologies AG Omron Robert Bosch GmbH ABB Group IST AG Major Companies in Temperature Sensor Market:
© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components
© 2016 Global Market Insights, Inc. USA. All Rights Reserved The temperature sensor market in the Asia Pacific region is proliferated by the increasing demand in consumer equipment. The emergence of automation in several industry verticals has led to the rising adoption of sensor technology. The demand for consumer electronic devices, such as smartphones, laptops, wearables, etc., has tremendously increased, creating a large market share for the market. Europe temperature sensor market is expected to flourish owing to the integration of advanced technologies on a large scale by the automotive sector in Germany. Several companies are adopting and integrating innovative technologies for efficient processing, augmenting the market. Regional Insights in Temperature Sensor Market:
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