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TEMPERATURE SENSORS

Global Market Trajectory & Analytics

MCP-8138

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  •  DATE

    JULY 2020

  •  TABLES

    216

  •  PAGES

    546

  •  EDITION

    19

  •  PRICE

    USD $5450

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Temperature Sensors estimated at US$5.8 Billion in the year 2020, is projected to reach a revised size of US$8 Billion by 2027, growing at a CAGR of 4.8% over the period 2020-2027.Contact-type, one of the segments analyzed in the report, is projected to grow at a 4.1% CAGR to reach US$3.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Non-Contact-type segment is readjusted to a revised 5.2% CAGR for the next 7-year period. This segment currently accounts for a 56.9% share of the global Temperature Sensors market.
The Temperature Sensors market in the U.S. is estimated at US$1.6 Billion in the year 2020. The country currently accounts for a 27.12% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$1.6 Billion in the year 2027 trailing a CAGR of 7.2% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR while Rest of European market (as defined in the study) will reach US$1.6 Billion by the year 2027.We bring years of research experience to this 19th edition of our report. The 546-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, ABB Ltd.; Amphenol Advanced Sensors; Analog Devices, Inc.; Endress+Hauser AG; Global Mixed-mode Technology Inc.; Gunther GmbH Temperaturmesstechnik; Honeywell Sensing and Control; Integrated Device Technology, Inc.; Kongsberg Defence & Aerospace AS; Microchip Technology, Inc.; Okazaki Manufacturing Company; Omega Engineering, Inc.; ON Semiconductor Corporation; STMicroelectronics NV; TE Connectivity Ltd.; Texas Instruments, Inc.; Yamari Industries Limited
» Product (Contact-type, and Non-Contact-type) » End-Use (Chemicals, Oil & Gas, Consumer Electronics, Energy & Power, Automotive, Healthcare, and Other End-Uses)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » Spain » Russia » and Rest of Europe » Asia-Pacific » Australia » India » South Korea » and Rest of Asia-Pacific » Latin America » Argentina » Brazil » Mexico » and Rest of Latin America » Middle East » Iran » Israel » Saudi Arabia » United Arab Emirates » and Rest of Middle East » and Africa

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