Temperature Sensor Market to Grow at a 4.87% CAGR Forecast to 2020


(MENAFNEditorial) Temperature Sensor Market to Grow at a 4.87% CAGR Forecast to 2020

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PUNE, INDIA, May 27, 2016 /EINPresswire.com/ -- About the Temperature Sensor Market

A temperature sensor is a device used to measure the degree of heat of an object by using electrical signals. The sensors are made of electrical conducting materials. When electric voltage is passed through the conductor, the conducting material generates some amount of resistance, which varies with the change in the temperature of the conductor. The change in temperature corresponds to the resistance. This change is recorded and converted into a temperature reading.

Temperature sensors are mostly of two types: contact and contactless. Contact temperature sensors include thermocouples, thermistors, and resistance temperature detectors, while contactless temperature sensors include infrared sensors.

Technavio''s analysts forecast the global temperature sensor market to grow at a CAGR of 4.87% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global temperature sensor market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the sales of temperature sensors to the following segments:
Oil and gas
Automotive
Food and beverage
Heating, ventilating, and air conditioning (HVAC)
Consumer electronics
Others (aerospace and defense, pulp and paper, and medical)

The market is divided into the following segments based on geography:
APAC
North America
Europe

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Technavio''s report, Global Temperature Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Honeywell International Inc.
Microchip Technology Inc.
NXP Semiconductors N.V.
Panasonic Corporation
Sensata Technologies Inc.
STMicroelectronics N.V.
Texas Instruments Inc.

Other prominent vendors
ABB
Analog Devices
Emerson
Maxim Integrated Products
Siemens

Market driver
Government regulations and vehicle emission control in automotive segment
For a full, detailed list, view our report

Market challenge
Continual price reductions
For a full, detailed list, view our report

Market trend
Growing demand for DTS
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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TABLE OF CONTENT
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Top vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Technology landscape
Contact temperature sensors
Non-contact temperature sensors
Basis of selection of temperature sensors
PART 06: Market landscape
Market size and forecast
Five forces analysis
PART 07: Market segmentation by application
Segmentation of global temperature sensor market by application
Market size and forecast
Temperature sensor market in oil and gas segment
Temperature sensor market in automotive segment
Temperature sensor market in food and beverage segment
Temperature sensor market in HVAC segment
Temperature sensor market in consumer electronics segment
PART 08: Geographical segmentation
Segmentation of global temperature sensor market by geography
Market size and forecast
Temperature sensor market in North America
Temperature sensor market in Europe
Temperature sensor market in APAC
PART 14: Vendor landscape
Competitive scenario
Other prominent vendors
PART 15: Appendix
List of abbreviations

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