The analysts forecast global temperature sensor market to grow at a CAGR of 4.87% during the period 2016-2020. 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
- Food and beverage
- Heating, ventilating, and air conditioning (HVAC)
- Consumer electronics
- Others (aerospace and defense, pulp and paper, and medical)
The following companies are the key players in the Global Temperature Sensor Market: Honeywell International Inc., Microchip Technology Inc., NXP Semiconductors N.V., Panasonic Corporation, Sensata Technologies Inc., STMicroelectronics N.V., and Texas Instruments Inc.
Other Prominent Vendors in the market are: ABB, Analog Devices, Emerson, Maxim Integrated Products, and Siemens.
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According to the temperature sensor market report the government and regulatory organizations of many countries are implementing safety and emission control standards, which require the installation of sensors. Automotive manufacturing companies need to comply with these safety and emission control regulations set by the authorities. This trend is expected to increase the demand for temperature sensors during the forecast period.
The global temperature sensor market analyst said a DTS is an optoelectronic device made of optical fibers. With it, temperatures can be recorded on a continuous basis rather than only on points. The popularity of DTS is anticipated to grow rapidly during the forecast period, as it has high accuracy in determining temperature over long distances.
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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.
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.
Further, the report states that as temperature sensors are exposed to harsh environments, they are bound to become physically damaged. They can be susceptible to moisture failure. Even high currents can heat up the sensors to an extent that they become faulty.
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