Global Non-Optical Sensors Market 2017-2021

Global outlook of the non-optical sensors market

Technavio’s market research analysts predict the global non optical sensors market to grow steadily during the forecast period and post a CAGR of almost 9% by 2021. This industry research report identifies the increased importance of temperature sensors in food, beverage, and oil and gas industry to be one of the major factors that will have a positive impact on the growth of this market in the coming years. The need to ensure the quality assurance of food products across the various stages of production induces food and beverage manufacturers to maintain optimal temperatures to maintain the freshness of their food products. This will increase the demand for temperature sensors, in turn, aiding market growth. Additionally, temperature sensors are increasingly used by the oil and gas industry in reading the temperature of machine drills to eliminate the possibility of machine overheating or break down due to high temperatures, which will also drive the growth of the non-optical sensors market in the coming years.

One of the major factors that will gain traction in the non-optical sensors market is the growth in demand for distributed temperature sensors (DTS) that can be used to continuously record temperatures. DTS has high accuracy in determining temperature over long distances and have several other advantages including cost-effectiveness, immunity to shock and vibrations, and reduced uncertainty. Moreover, their miniature size makes it easy to fit them fit into pipes and ducts and there will be an increase in their adoption especially in long length applications such as power cables, tunnels, and pipes.

Competitive landscape and key vendors