Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- A Precious Metal Thermocouple is a sensor used to measure temperature. Thermocouples consist of two wire legs made from different metals. The wires legs are welded together at one end, creating a junction. This junction is where the temperature is measured. When the junction experiences a change in temperature, a voltage is created. The voltage can then be interpreted using thermocouple reference tables to calculate the temperature.

Much of the growth has been attributed to expanding automotive industries in emerging markets and the growth of the consumer electronic industries; both of which heavily utilise thermocouples. Another potential market is in automated systems for manufacture or CIM (Computer Integrated Manufacture). Companies that can automate the whole process of manufacturing a product require the use of sensors and controllers, which is where thermocouples would come in, and can be implemented into a system to also control the temperature where necessary. This is becoming increasingly popular, as the benefits are vast for manufacturers, particularly as reduction in costs and improvements in quality can be achieved.

Non-contact forms of temperature measurement will thrive in the future. Although not yet advanced enough to firmly root itself in the temperature measurement industry, many believe non-contact has much more potential in the future. Along with the thermocouple market research. Non-contact forms of temperature measurement shows much higher growth rates, but a significantly lower overall market size.

The global Precious Metal Thermocouple market is valued at 220 million US$ in 2018 is expected to reach 330 million US$ by the end of 2025, growing at a CAGR of 4.9% during 2019-2025.

This report focuses on Precious Metal Thermocouple volume and value at global level, regional level and company level. From a global perspective, this report represents overall Precious Metal Thermocouple 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.

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The following manufacturers are covered:

Honeywell

Durex Industries

Cleveland Electric Laboratories

Tanaka

CCPI

Yamari

Omega

JUMO

Watlow

Chongqing Dazhi

Segment by Regions

North America

Europe

China

Japan

Segment by Type

R Type

S Type

B Type

Segment by Application

Steel

Glass

Semiconductor

Pharmaceutical

Power

Others

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