US Temperature Sensors Market Share

Statistics for the 2023 & 2024 US Temperature Sensors market share, created by Mordor Intelligence™ Industry Reports. US Temperature Sensors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of US Temperature Sensors Industry

The United States temperature sensor market is moderately fragmented due to many players operating in the market, such as Honeywell, Analog Devices Inc, and Texas Instruments, among other regional and local manufacturers. Continuous product up-gradation and industry convergence are driving the market towards highly differentiated offerings. Further, players adopt strategic initiatives such as mergers and acquisitions, partnerships, etc., to strengthen their market presence. Some of the recent developments in the market are:

  • July 2020 - Maxim Integrated Products Inc. and Analog Devices Inc. announced that they entered into a definitive agreement. Analog Devices Inc. will acquire Maxim in an all-stock transaction that values the combined enterprise at over USD 68 billion. The transaction is expected to close in the summer of 2021. This transaction would strengthen Analog Devices Inc. and increase its reach and scale across multiple markets.

US Temperature Sensors Market Leaders

  1. TEXAS INSTRUMENTS INC.

  2. Honeywell International Inc.

  3. ANALOG DEVICES INC.

  4. Fluke Process Instruments

  5. EMERSON ELECTRIC CO.

*Disclaimer: Major Players sorted in no particular order

US Temperature Sensors Market

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