Global Sensors Market with Focus on

Temperature Sensors: Size, Trends & Forecasts

(2019-2023)

January 2019

Global Sensors Market with Focus on Temperature Sensors: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Global Sensors Market with Focus on Temperature Sensors: Coverage

Attributes Details

Title Global Sensors Market with Focus on Temperature Sensors: Size, Trends & Forecasts (2019-2023)

Coverage Global and Regional

Regional Coverage North America, Europe, Asia Pacific, MEA and Latin America

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2019-2023

Competition in the Market Fragmented

Key Players Robert Bosch Gmbh (Bosch Group), Honeywell International Inc., ABB Ltd. (ABB Group), Sensirion Holding AG

Scope of the Report

Global Sensors Market with Focus on Temperature Sensors

A sensor is defined as a device which can be used to sense a wide range of physical changes in the environment. Sensors usually detect and respond to some kind of input and convert that into an electrical signal. The specific input can be light, heat, pressure or any other environmental factors. There is a specific criteria to choose a particular type of sensor. The criteria is based upon three factors, which are environmental factors (temperature range, humidity effects, ruggedness, self-test capability, etc); economic factors (availability, cost, life time, etc) and sensor characteristics (sensitivity, stability, error, range, response time, etc). The sensors can be divided into many types: temperature sensors, image sensors, pressure sensors, flow sensors, level sensors, chemical sensors, load sensors, bio sensors and position sensors. The sensors market can also be segmented on the basis of technology, named as CMOS (Complementary Metal-Oxide-Semiconductor),MEMS (Micro-Electro-Mechanical System), NEMS (Nano Electromechanical System) and others.

A temperature sensor can be defined as a device which are used to detect and measure temperature through an electric signal. Temperature sensors have a long history with continuously evolving new generation temperature sensors. The temperature sensors market can be segmented on the basis of product type and application.

The global sensors market with focus on temperature sensors has increased at a significant CAGR during the years 2015-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The sensors market with focus on temperature sensors is expected to increase due to increasing adoption of sensors in automotive sector, escalating use of sensors in industrial products, strong demand for sensors in smart home and building applications, growing adoption of sensors in healthcare equipments, etc. Yet the market faces some challenges such as declining personal computer’s (PCs) shipments, threat from new or unanticipated competition, etc.

Executive Summary

Global Sensors Market with Focus on Temperature Sensors

Market Overview

Sensors Market

Temperature Sensors Market

Sensors Market: Global Analysis

Global Sensors Market by Value

The global sensors market, valued at US$.... billion in 2018, increased as compared to US$... billion in 2017 at a CAGR of ….% from 2015 to 2018. The global sensors market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019..

CAGRs

2015-2018 xx%

2019-2023 xx%

2015 2016 2017 2018

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

Sensors Market: Global Analysis

Types Share CAGR (2019-2023)

Image Sensor xx% xx%

Bio Sensor xx% xx%

Pressure Sensor xx% xx%

Chemical Sensor xx% xx%

Load/Torque Sensor

xx% xx%

Position Sensor xx% xx%

Temperature Sensor

xx% xx%

Flow Sensor xx% xx%

Level Sensor xx% xx%

Miscellaneous xx% xx%

Global Sensors Market by Types; 2018

Temperature Sensors Market: Global Analysis

Global Temperature Sensors Market by Value

The global temperature sensors market, valued at US$.... billion in 2018, increased as compared to US$... billion in 2017 at a CAGR of ….% from 2015 to 2018. The global temperature sensors market is anticipated to reach up to US$... billion by 2023 from US$... billion in 2019..

CAGRs

2015-2018 xx%

2019-2023 xx%

2015 2016 2017 2018

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

Temperature Sensors Market: Global Analysis

North America, xx%

Europe, xx%

Asia Pacific, xx%

MEA, xx%

Latin America, xx%

Product Type Share CAGR (2019-2023)

Thermocouple xx% xx%

RTD (Resistive Temperature Detector)

xx% xx%

Thermistors xx% xx%

Others xx% xx%

Global Temperature Sensors Market by Region; 2018

Global Temperature Sensors Market by Product Type; 2018

Temperature Sensors Market: Global Analysis

Application Share CAGR (2019-2023)

Automotive xx% xx%

Consumer Electronics xx% xx%

Process Industries xx% xx%

Environmental xx% xx%

Healthcare/Medical xx% xx%

Others xx% xx%

Global Temperature Sensors Market by Application; 2018

Temperature Sensors Market: Regional Analysis

North America Temperature Sensors Market by Value

Europe Temperature Sensors Market by Value

Asia Pacific Temperature Sensors Market by Value Region CAGR

2019-2023

North America xx%

Europe xx%

Asia Pacific xx%

MEA xx%

Latin America xx%

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

2019 2020 2021 2022 2023

US

$ B

illio

n

Sensors Market with Focus on Temperature Sensors: Dynamics

Growth Driver

•Increasing Adoption of Sensors in Automotive Sector

•Upsurge in Smartphone Demand

Challenges

•Declining Personal Computer’s (PCs) Shipment

•Threat from New or Unanticipated Competition

Market Trends

•Growing Trend of Wearable Gadgets

•Increasing Adoption of IoT (Internet of Things)

Sensors Market with Focus on Temperature Sensors: Competitive Landscape

• Robert Bosch Gmbh (Bosch Group)

• Honeywell International Inc.

• ABB Ltd. (ABB Group)

• Sensirion Holding AG

Players Profiled

Note: The graphs on this slide are only for sample representation.

Global Sensors Market Players by Research & Development (R&D) Spending; 2017

Percen

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