Enjoy complimentary customisation on priority with our Enterprise License!
The temperature sensor market size is forecast to increase by USD 2.12 billion at a CAGR of 5.6% between 2023 and 2028. The market is experiencing significant growth due to the increasing demand for accurate temperature measurement in various industries. The market is experiencing significant growth, driven by the increasing demand for microtechnology and miniaturization in various sectors, including consumer electronics, healthcare, and automotive safety markets. One trend driving market expansion is the demand for wireless temperature sensors, particularly in applications where non-contact measurement features are essential. This includes flare systems, wellhead tanks, chemical tanks, and pipeline data collection. In the energy sector, temperature sensors are crucial for monitoring compressors and super-heated steam systems. In the personal computing industry, temperature sensors are used to regulate cooling systems and maintain optimal performance. However, challenges persist, such as the need for improved sensor accuracy and calibration to ensure reliable temperature readings. Overall, the market is expected to continue growing as the demand for precise temperature measurement solutions increases across diverse industries.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.