What is the current US Temperature Sensors Market size?

The US Temperature Sensors Market is projected to register a CAGR of 6% during the forecast period (2024-2029) Read More

Who are the key players in US Temperature Sensors Market?

TEXAS INSTRUMENTS INC. , Honeywell International Inc. , ANALOG DEVICES INC. , Fluke Process Instruments and EMERSON ELECTRIC CO. are the major companies operating in the US Temperature Sensors Market. Read More

What years does this US Temperature Sensors Market cover?

The report covers the US Temperature Sensors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the US Temperature Sensors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

United States Temperature Sensors Market

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

The report covers US Temperature Sensor Manufacturers and the market is segmented by type (wired and wireless), by technology (infrared, thermocouple, resistance temperature detectors (RTD), thermistor, temperature transmitters, fiber optic), by end-user industry (chemical and petrochemical, oil and gas, metal and mining, power generation, food and beverage, automotive, medical, aerospace and military, consumer electronics).

US Temperature Sensors Industry Overview

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.