Temperature Sensor Market: North America Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights
Temperature detection and measurement is a very important activity and has a variety of applications ranging from simple household to industrial. A temperature sensor is a device that collects the concerning temperature data and displays in a human-understandable format. Temperature sensing is the most controlled and measurable factor behind any critical application. The temperature sensing market shows continuous growth due to its need in research & development, semiconductor and chemical industries. Temperature sensing is gaining a lot of attention due to increasing adoption of HVAC (heating, ventilating, and air conditioning) for domestic as well as industrial use.
Temperature detection and measurement is a very important activity and has a variety of applications ranging from simple household to industrial. A temperature sensor is a device that collects the concerning temperature data and displays in a human-understandable format. Temperature sensing is the most controlled and measurable factor behind any critical application. The temperature sensing market shows continuous growth due to its need in research & development, semiconductor and chemical industries. Temperature sensing is gaining a lot of attention due to increasing adoption of HVAC (heating, ventilating, and air conditioning) for domestic as well as industrial use.
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<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>North</strong> <strong>America</strong><br />
<strong>Temperature</strong><br />
<strong>Sensor</strong> <strong>Market</strong><br />
Share, Trends, <strong>Analysis</strong>,<br />
Research, Report,<br />
Opportunities,<br />
Segmentation <strong>and</strong> Forecast,<br />
<strong>2014</strong><br />
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Report Description<br />
<strong>Temperature</strong> detection <strong>and</strong> measurement is a very important activity <strong>and</strong> has a variety of<br />
applications ranging from simple household to industrial. A temperature sensor is a device that<br />
collects the concerning temperature data <strong>and</strong> displays in a human-underst<strong>and</strong>able format.<br />
<strong>Temperature</strong> sensing is the most controlled <strong>and</strong> measurable factor behind any critical<br />
application. The temperature sensing market shows continuous growth due to its need in<br />
research & development, semiconductor <strong>and</strong> chemical industries. <strong>Temperature</strong> sensing is<br />
gaining a lot of attention due to increasing adoption of HVAC (heating, ventilating, <strong>and</strong> air<br />
conditioning) for domestic as well as industrial use.<br />
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<strong>Temperature</strong> sensors are primarily of two types, contact temperature sensors <strong>and</strong> non-contact<br />
temperature sensors. The contact temperature sensors are thermocouples, filled system<br />
thermometers, resistance temperature detectors <strong>and</strong> bimetallic thermometers. Contact<br />
temperature sensors are currently dominating the market. Non–contact temperature sensors<br />
like infrared devices have extensive opportunities in the defence sector due to their ability to<br />
detect thermal radiation power of optical <strong>and</strong> infrared rays emitted from liquids <strong>and</strong> gases.<br />
The quality of a temperature sensor is measured in terms of st<strong>and</strong>ard characteristics such as<br />
response time, accuracy, repeatability <strong>and</strong> stability of output senility towards change in other<br />
physical environmental factors. Life of the sensor, termination style, probe type <strong>and</strong> range of<br />
measurement are a few other important specifications to be taken into account while<br />
considering commercial use.
Report Description<br />
There is an increasing dem<strong>and</strong> for temperature sensing in the <strong>North</strong> <strong>America</strong>n market due to<br />
its applicability in defence, aerospace, chemical processing <strong>and</strong> automotive vehicular<br />
production sectors. The key driving force behind the increasing market share of <strong>North</strong> <strong>America</strong><br />
in temperature sensing include increasing end-user <strong>and</strong> industrial applications, rising security<br />
concerns towards security & surveillance <strong>and</strong> increasing macroeconomic government<br />
interventions. On the other h<strong>and</strong>, there is a continuous reduction in prices of temperature<br />
sensors due to the introduction of more competitive technologies <strong>and</strong> higher associated costs<br />
that act as restraints for market development.<br />
The <strong>North</strong> <strong>America</strong>n temperature sensor market is segmented on the basis of product type,<br />
application <strong>and</strong> geography. On the basis of product type, the market is divided into fibre-optic<br />
temperature sensors, bimetallic temperature sensors, integrated circuit temperature sensors,<br />
infrared temperature sensors, thermistors, resistance temperature detectors (RTD), siliconbased<br />
temperature sensors <strong>and</strong> thermocouples. On the basis of application, the market is<br />
categorized into transportation, healthcare, aerospace & defence, petrochemicals, energy &<br />
power generation <strong>and</strong> HVAC & refrigeration. On the basis of geography, <strong>North</strong> <strong>America</strong>n<br />
market is divided into Canada, the United States <strong>and</strong> Mexico.<br />
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There is a need for continuous development in temperature sensing to enhance its usability in<br />
different verticals <strong>and</strong> segments. Remote temperature sensing, switch gear temperature<br />
monitoring, MRI temperature sensing, fibre-optic temperature sensing, microwave induction<br />
heating control, smart temperature sensing, distributed temperature sensing <strong>and</strong> geothermal<br />
sensing are some of the advancements in the temperature sensing market.
Report Description<br />
Use of nanotechnology <strong>and</strong> microtechnology is also offering contactless accurate<br />
measurement at low cost. Silicon-based temperature sensors are used in coolants <strong>and</strong> are<br />
gaining popularity because they do not need any calibration <strong>and</strong> are inherently stable.<br />
The key players in <strong>North</strong> <strong>America</strong> market are Texas Instruments Inc. (U.S.), Sensata<br />
Technologies (U.S.), Maxim Integrated Products Inc. (U.S.), Microchip Technology Inc. (U.S.),<br />
Analog Devices Inc. (U.S.) <strong>and</strong> Honeywell International Inc. (U.S.). The market in the US is more<br />
developed as compared to RoW (Rest of the World). The market in Mexico is in its<br />
development stage <strong>and</strong> need some more time to mature. Development of new technologies<br />
<strong>and</strong> up gradation of existing temperature sensing technologies in automobiles, equipment <strong>and</strong><br />
machineries is showing continuous growth. The future temperature sensor market is<br />
characterized by advanced technology at an affordable cost.
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