How big is the Temperature Sensors Market?

The Temperature Sensors Market size is expected to reach USD 8.80 billion in 2024 and grow at a CAGR of 6.28% to reach USD 11.94 billion by 2029. Read More

What is the current Temperature Sensors Market size?

In 2024, the Temperature Sensors Market size is expected to reach USD 8.80 billion. Read More

Who are the key players in Temperature Sensors Market?

Honeywell International Inc., Siemens AG, ABB Ltd., Texas Instruments Inc and Emerson Electric Co. are the major companies operating in the Temperature Sensors Market. Read More

Which is the fastest growing region in Temperature Sensors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Temperature Sensors Market?

In 2024, the North America accounts for the largest market share in Temperature Sensors Market. Read More

What years does this Temperature Sensors Market cover, and what was the market size in 2023?

In 2023, the Temperature Sensors Market size was estimated at USD 8.28 billion. The report covers the Temperature Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Temperature Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Temperature Sensors Market Report Market Size, Growth, Analysis

Temperature Sensors Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The report covers Global Temperature Sensor Market Size and the market is segmented by Type (Wired, Wireless), Technology (Infrared, Thermocouple, Resistance Temperature Detectors, Thermistor, Temperature Transmitters, Integrated Circuit, Fiber optics), End-user Industry (Chemical and Petrochemical, Oil and Gas, Metal and Mining, Power Generation, Food and Beverage, Automotive, Medical, Consumer Electronics, Aerospace, and Military), and Geography (North America, Europe, Asia-Pacific, Latin America, MEA). The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Temperature Sensors Industry Overview

The competitive rivalry is high in this market, owing to the presence of many players operating in the market, such as Honeywell, Texas Instruments, and STMicroelectronics, among other regional and local manufacturers. Continuous product upgradation and industry convergence drive the market towards highly differentiated offerings.

In December 2022, OMEGA Engineering announced the launch of the latest version of its HANI Clamp-On Temperature Sensor: the HANI Clamp Sensor is explicitly designed for plastic pipe applications. The Sensor precisely measures the temperature of media inside a pipe in seconds without ever breaching the pipe.

In July 2022, Apple introduced temperature sensors in its Apple Watch. The company aims to inform the wearer if they have a fever due to a higher-than-normal body temperature.