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Temperature Sensor Market By Product Type (Temperature Sensor IC, Thermistor, Resistive Temperature Detector (RTD), Bimetallic Temperature Sensor) By Industry Sector (Oil & Gas, Metals, Automotive, Electronics)- Global Size Analysis and Industry Forecast, 2018-2023.

 Semiconductors and Electronics

Report Overview

GLOBAL TEMPERATURE SENSOR MARKET was valued at USD 4.95 Billion in the year 2017. Global Temperature Sensor Market is further estimated to grow at a CAGR of 3.94% from 2018 to reach USD 6.24 Billion by the year 2023. North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like The U.S. as well the emerging markets like China with highest population base holds a notable market share in 2017 and it is projected to grow at a gradual pace in the coming years.

ABB Group (Switzerland), Emerson Electric Corporation (US), Honeywell International Inc. (US), Siemens (Germany), are some of the key players in the Temperature Sensor Market with ABB Group holding a substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.


             Rising demand due to the developments in the automotive industry

             Use of automation in smart home concepts


             Reduction in prices due to the introduction of substitute technology


             Use of sensors which include infrared devices in the defence sector

             Increasing implementation of HVAC (Heating, Ventilating, and Air Conditioning) for domestic and manufacturing use


             Estimating the demand to manage the production capacity

Segmentation done on the basis of Product Type includes Temperature Sensor IC, Thermistor, Resistive Temperature Detector (RTD), Bimetallic Temperature Sensor, Infrared Temperature Sensor, Thermocouple; of which the Thermocouples segment is expected to hold the highest market share during the forecast period. This market share is expected as automotive manufacturers are focusing mainly on performance & safety. Automotive thermocouples help in measuring important interpretations like exhaust gas readings of the vehicles.

The Temperature Sensor IC’s segment is also expected to grow at the highest CAGR during the year 2018-2023. This growth is expected due to the increasing use of chemicals in the Asian refineries. Thus, safety measures need to be taken in order to avoid mishaps.

Key Benefits for Stakeholders

Temperature Sensor Manufacturers, Distributors, and Retailers

System integrators

End-use industries

Regulatory bodies, policymakers and consumers.

By Product Type

Temperature Sensor IC


Resistive Temperature Detector (RTD)

Bimetallic Temperature Sensor

Infrared Temperature Sensor


By Industry Sector

Oil & Gas






By Region

North America




Key Market Players

ABB Group

Denso Corporation

Honeywell International, Inc.

Emerson Electric Co.

Stmicroelectronics N.V.

NXP Semiconductors N.V.

Infineon Technologies AG


Bosch GmbH

Omron Corporation

(Another brief information of 15 companies will be provided in the report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
  6. Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

    Key Data from Secondary Research

       2.1.2. Primary Research

    Key Data from Primary Research

    Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottoms-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Temperature Sensor Market, By Product Type

6.1. Temperature Sensor IC

6.2. Thermistor

6.3. Resistive Temperature Detector (RTD)

6.4. Bimetallic Temperature Sensor

6.5. Infrared Temperature Sensor

6.6. Thermocouple

7. Temperature Sensor Market, By Industry

7.1. Oil & Gas

7.2. Metals

7.3. Automotive

7.4. Electronics

7.5. Manufacturing

7.6. Others

8. Geographical Analysis

8.1. Introduction

8.2. North America

       8.2.1. U.S.

       8.2.2. Canada

       8.2.3. Mexico

8.3. Europe

       8.3.1. U.K.

       8.3.2. Germany

       8.3.3. Italy

       8.3.4. RoE

8.4. Asia Pacific

       8.4.1. South Korea

       8.4.2. China

       8.4.3. Japan

       8.4.4. South Korea

       8.4.5. RoAPAC

8.5. RoW

       8.5.1. Latin America

       8.5.2. Middle East and Africa

9. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

9.1. ABB Group

9.2. Denso Corporation

9.3. Honeywell International, Inc.

9.4. Emerson Electric Co.

9.5. Stmicroelectronics N.V.

9.6. NXP Semiconductors N.V.

9.7. Infineon Technologies AG

9.8. Siemens

9.9. Bosch GmbH

9.10. Omron Corporation

(Another brief information of 15 companies will be provided in the report)

11. Competitive Analysis

11.1. Introduction

11.2. Market Positioning of Key Players

11.3 Competitive Strategies Adopted by Leading Players

        11.3.1. Investments & Expansions

        11.3.2. New Product Launches

        11.3.3. Mergers & Acquisitions

        11.3.4. Agreements, Joint Ventures, and Partnerships

12. Appendix

12.1. Questionnaire

12.2. Available Customizations 

12.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)


No Content Available.



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