Market Share of RTD Temperature Sensors Industry
The RTD temperature sensor market is highly competitive owing to the presence of many big and small manufacturers running their business in domestic as well as international market. The market appears to be moderately concentrated slowly moving towards the fragmented stage with the major players adopting strategies like product innovation, mergers, and acquisition. Some of the major players in the market areHoneywell International, Inc.,ABB Ltd.,Analog Devices, Inc. among others.
- February 2019 - STMicroelectronicsentered into a partnership with Hyundai Autron to launch a development lab for eco-friendly automotive sensor solutions. The collaboration will also provide the environment for engineers to collaborate on pioneering solutions for eco-friendly vehicles, with a focus on powertrain controllers.
RTD Temperature Sensors Market Leaders
-
Texas Instruments Incorporated
-
Honeywell International, Inc.
-
ABB Ltd.
-
Analog Devices, Inc.
-
Emerson Electric Company
*Disclaimer: Major Players sorted in no particular order
