Global Temperature Monitoring Market Growth (Status and Outlook) 2023-2029

Global Temperature Monitoring Market Growth (Status and Outlook) 2023-2029

Product Code:457445

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Electronics & Semiconductor

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In this report, temperature monitoring products refer to temperature probes/sensors. A temperature sensor collects temperature data and displays in a human-understandable format. These sensors are of two types, contact temperature sensors and non-contact temperature sensors. Industries, automotive, Consumer Electronics and the medical sector are some of the key industries using these temperature sensors. Note: In this report, production value is based on the companies, while revenue presents the end user market.

LPI (LP Information)' newest research report, the “Temperature Monitoring Industry Forecast” looks at past sales and reviews total world Temperature Monitoring sales in 2022, providing a comprehensive analysis by region and market sector of projected Temperature Monitoring sales for 2023 through 2029. With Temperature Monitoring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Temperature Monitoring industry.

This Insight Report provides a comprehensive analysis of the global Temperature Monitoring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Temperature Monitoring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Temperature Monitoring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Temperature Monitoring and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Temperature Monitoring.

The global Temperature Monitoring market size is projected to grow from US$ 9012.6 million in 2022 to US$ 12400 million in 2029; it is expected to grow at a CAGR of 4.7% from 2023 to 2029.

Global Temperature Monitoring key players include Emerson, Sensata, Amphenol, TE Connectivity, Texas instruments, etc. Global top five manufacturers hold a share about 15%. North America is the largest market, with a share about 30%, followed by Europe and China, both with a share about 20 percent. In terms of product, Contact Temperature Sensors is the largest segment, with a share about 85%. And in terms of application, the largest application is Automotive Industry, followed by Electronics, Industries, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Temperature Monitoring market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Non-Contact Temperature Sensors
    Contact Temperature Sensors

Segmentation by application
    Industries
    Medical
    Food and Beverage
    Electronics
    Oil and gas
    Automotive Industry
    Other

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Emerson
    Sensata
    Amphenol
    TE Connectivity
    Texas instruments
    Molex
    Honeywell
    Siemens
    ABB
    Panasonic
    STMicroelectronics N.V.
    Fluke
    Delphi
    OMRON
    Analog Devices
    Microchip Technology
    ON Semiconductor
    3M
    MEDTRONIC
    Medline Industries