Los Angeles, CA -- (SBWIRE) -- 06/04/2019 -- A temperature sensor collects temperature data and displays in a human-understandable format. These sensors are of two types, contact temperature sensors and non-contact temperature sensors. Industries, automotive, Consumer Electronics and the medical sector are some of the key industries using these temperature sensors.
Emerson, Sensata and Amphenol captured the top three production value share spots in the Temperature Monitoring market in 2016. Emerson dominated with 5.68% production value share, followed by Sensata with 3.74% production value share and Amphenol with 3.62% production value share.
In the next five years, the global consumption of Temperature Monitoring will show upward tendency further, revenue is expected in 2022 will be 9603.50 Million USD.
The global automotive temperature sensors market size is expected to grow to USD 3391.65 Million by 2022. The increasing demand for safe and better automotive vehicles that are compliant with environmental regulations is driving the demand for temperature sensors.
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Despite the presence of competition problems, due to the clear global recovery trend, investors are still optimistic about this area, in future still more new investment will enter into the field. Technology and cost are two major problems.
Although sales of Temperature Monitoring brought a lot of opportunities, for the new entrants with only advantage in capital without sufficient support in technology and downstream channels, the research group did not recommend taking risk the enter this market
The global Temperature Monitoring market is valued at 7710 million US$ in 2018 is expected to reach 10900 million US$ by the end of 2025, growing at a CAGR of 4.4% during 2019-2025.
This report focuses on Temperature Monitoring volume and value at global level, regional level and company level. From a global perspective, this report represents overall Temperature Monitoring market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Emerson
Sensata
Amphenol
TE Connectivity
Texas instruments Inc.
Molex
Honeywell
Siemens
ABB
Panasonic Corp
STMicroelectronics N.V.
Fluke
Delphi
OMRON
Analog Devices Inc.
Microchip Technology Inc.
ON Semiconductor
3M
MEDTRONIC
Medline Industries
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Non-Contact Temperature Sensors
Contact Temperature Sensors
Segment by Application
Industries
Medical
Food and Beverage
Electronics
Oil and gas
Automotive Industry
Other
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The study objectives of this report are:
To study and analyze the global Temperature Monitoring market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Temperature Monitoring market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Temperature Monitoring manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Temperature Monitoring with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Temperature Monitoring submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Temperature Monitoring are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million USD) and volume (K sqm). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Temperature Monitoring market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of Temperature Monitoring market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
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