Global Temperature Sensors Probes Market
Global Temperature Sensors Probes Market was valued at USD 5.9 billion in 2021 and is expected to reach USD 8.0 billion by 2027, at a CAGR 4.01% from 2022-2027.
Temperature probe can be defined as a type of sensor which is used to measure temperature. A temperature probe works by monitoring the change in resistance of the given area such as solid, liquid and gas, and converting it into a usable format for the operator. Temperature Probes are used to measure the amount of heat energy and coldness, generated by a system.
Temperature sensors are used in various industrial applications, which need process control with high accuracy. These are mainly used in sectors including healthcare, food & beverage, automotive and consumer electronics, defense industry. A temperature sensor is also known as instrumentation equipment, an RTD, or a thermocouple, which uses an electrical signal to measure heat and temperature.
Market Drivers
There has been an increase in penetration of temperature sensor probes. The temperature sensor probe market is highly driven by the increasing need for innovative and portable healthcare equipment. The demand for temperature sensors is increasing as new technologies emerge, such as portable health monitoring systems (PHMS) and improved patient monitoring systems (IPMS).
Furthermore, multisensory are increasingly used for mass applications owing to their stability which is expected to drive overall temperature sensor probe market growth.
Market Restraints
Various fluctuations in the costs of the raw material are further anticipated to hinder the market growth. However, the stringent performance demands for advanced applications may further hamper the growth of the temperature sensor probe market in the forecast period.
Market Segmentation
The Global Temperature Sensors Probes Market is segmented into probe type, technology, and end user.
Regional Analysis
The Global Temperature Sensors Probes Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The North American region is expected to dominate the temperature sensors probes market followed by Europe, which accounts for the largest market share because of the availability of sophisticated primary, secondary, and tertiary-care healthcare settings supporting the market. Moreover, the well-established reimbursement network, the increasing health awareness, and government funding further facilitates the incorporation of the sensors in the medical devices.
Key Players
Various key players are discussed into the Global Temperature Sensors Probes Market Report including: Siemens AG, Panasonic Corporation, Texas Instruments Incorporated, Honeywell International Inc., ABB Ltd, Analog Devices Inc., Fluke Process Instruments, Emerson Electric Company, STMicroelectronics, Microchip Technology Incorporated, and other key players.
Market Taxonomy
By Probe Type
By Technology
By End-User
By Region
Global Temperature Sensors Probes Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Temperature Sensors Probes Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Temperature Sensors Probes Market, By Probe Type
5.1 Y-o-Y Growth Comparison, By Probe Type
5.2 Global Temperature Sensors Probes Market Share Analysis, By Probe Type
5.3 Global Temperature Sensors Probes Market Size and Forecast, By Probe Type
5.3.1 NTC Temperature Probes
5.3.2 RTD Temperature Probes
5.3.2.1 Wire-wound RTD
5.3.2.2 Coil Element RTD
5.3.2.3 Thin-film RTD
5.3.3 Thermocouple Temperature Probes
5.3.4 Semiconductor-Based Temperature Probes
6 Global Temperature Sensors Probes Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Temperature Sensors Probes Market Share Analysis, By Technology
6.3 Global Temperature Sensors Probes Market Size and Forecast, By Technology
6.3.1 Infrared
6.3.2 Thermocouple
6.3.3 Resistance Temperature Detectors (RTD)
6.3.4 Thermistor
6.3.5 Temperature Transmitters
6.3.6 Fiber Optic
6.3.7 Temperature Sensor IC
7 Global Temperature Sensors Probes Market, By End-User
7.1 Y-o-Y Growth Comparison, By End-User
7.2 Global Temperature Sensors Probes Market Share Analysis, By End-User
7.3 Global Temperature Sensors Probes Market Size and Forecast, By End-User
7.3.1 Chemical and Petrochemical
7.3.2 Oil and Gas
7.3.3 Metal and Mining
7.3.4 Power Generation
7.3.5 Food and Beverage
7.3.6 Automotive
7.3.7 Medical
7.3.8 Aerospace and Military
7.3.9 Consumer Electronics
7.3.10 Other End-User Industries
8 Global Temperature Sensors Probes Market, By Region
8.1 Global Temperature Sensors Probes Market Share Analysis, By Region
8.2 Global Temperature Sensors Probes Market Share Analysis, By Region
8.3 Global Temperature Sensors Probes Market Size and Forecast, By Region
9 North America Temperature Sensors Probes Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Temperature Sensors Probes Market Share Analysis, By Probe Type
9.3 North America Temperature Sensors Probes Market Share Analysis, By Technology
9.4 North America Temperature Sensors Probes Market Size and Forecast, By End-User
9.5 North America Temperature Sensors Probes Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Temperature Sensors Probes Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Temperature Sensors Probes Market Share Analysis, By Probe Type
10.3 Europe Temperature Sensors Probes Market Share Analysis, By Technology
10.4 Europe Temperature Sensors Probes Market Size and Forecast, By End-User
10.5 Europe Temperature Sensors Probes Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Temperature Sensors Probes Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Temperature Sensors Probes Market Share Analysis, By Probe Type
11.3 Asia Pacific Temperature Sensors Probes Market Share Analysis, By Technology
11.4 Asia Pacific Temperature Sensors Probes Market Size and Forecast, By End-User
11.5 Asia Pacific Temperature Sensors Probes Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Temperature Sensors Probes Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Temperature Sensors Probes Market Share Analysis, By Probe Type
12.3 Latin America Temperature Sensors Probes Market Share Analysis, By Technology
12.4 Latin America Temperature Sensors Probes Market Size and Forecast, By End-User
12.5 Latin America Temperature Sensors Probes Market Size and Forecast, Country
12.5.1 Brazil
12.5.2 Rest of Latin America
13 Middle East Temperature Sensors Probes Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Temperature Sensors Probes Market Share Analysis, By Probe Type
13.3 Middle East Temperature Sensors Probes Market Share Analysis, By Technology
13.4 Middle East Temperature Sensors Probes Market Size and Forecast, By End-User
13.5 Middle East Temperature Sensors Probes Market Size and Forecast, By Country
13.5.1 Saudi Arabia
13.5.2 UAE
13.5.3 Egypt
13.5.4 Kuwait
13.5.5 South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Siemens AG
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Panasonic Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.25 Key Market Developments
15.2.6 Key Strategies
15.3 Texas Instruments Incorporated
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Honeywell International Inc.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 ABB Ltd
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Analog Devices Inc.
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Fluke Process Instruments
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Emerson Electric Company
15. 8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 STMicroelectronics
15.9.1 Overview
15.9.2 Offerings
15.4.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Microchip Technology Incorporated
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
