Embedded temperature sensor market
Embedded Temperature Sensor Market, By Type (Non-contact (Infrared and Fiber Optic) and Contact (Bimetallic, Temperature Sensor IC, Thermistor, Resistive Temperature Detector, and Thermocouple)), End-use Industry (Chemicals, Oil & Gas, Energy & Power, Healthcare, Food & Beverages, Consumer Electronics, Aerospace & Defense, and Metals & Mining), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
- Dec 2022
- CMI4015
- 150 Pages
- Excel & Pdf
- Semiconductors
The temperature sensor is an electronic device that measures the temperature of a person, environment, or object. The temperature sensor is used to state the degree or intensity of heat present in a substance. These sensors will convert input data to electronic data to record, monitor, and then display in a human-readable format. There are mainly two types of sensors i.e. contact and non-contact temperature sensors. Non-contact temperature sensors are basically infrared (IR) sensors. The temperature sensor provides benefits such as durability, accuracy, and low power consumption. These sensors are used in various industries to detect overheating and give alerts to end users. The temperature sensor finds its application in various sectors such as consumer electronics, semiconductors, chemicals, manufacturing, and others.
The global embedded temperature sensor market is expected to witness significant growth during the forecast period (2022–2030). The growth of the embedded temperature sensor market is majorly attributed to the increasing demand for temperature sensors in consumer electronics such as laptops, tablets, smart wearables, and others. The demand for smartwatches has increased from health-conscious people. Smartwatches provide important information related to pulse or heart rate and give suggestions to remain healthy. Moreover, smart shirts are also used by players to monitor the movement of the body. Smart shirts are helpful for a sportsperson to keep a record of their daily goal and to track heart rate, pulse rate, and heat level. For instance, according to Coherent Market Insights’ analysis, the number of people using smart wearables across the globe increased from 523.3 million in 2017 to 832.3 million in 2020.
Moreover, research and wearable manufacturing companies are manufacturing advanced sensors that can be packed into wearable’s to measure temperature. Due to advancements in technology, more innovative products are being introduced in the market such as smartwatches, armbands, and smart T-shirts. Armbands are designed to track the human body movement, detect accurate health, and pulse rate. Furthermore, embedded temperature sensors are used in smartphones to monitor the fertility status of women. The status of fertility is displayed on the smartphone screen. For instance, women in the U.S. are using such devices to main a healthy lifestyle.
Increasing health awareness is one of the major factors driving the demand for temperature sensors among consumers to keep a track of their health. People who are conscious about their health spend a lot on monitoring devices such as smart watches and smartphones. By using smartwatches, people can consult a doctor and take precautions in advance. For instance, in October 2019, SAMSUNG launched SAMSUNG GALAXY WATCH ACTIVE 2 which is used to monitor blood pressure and track health-related problems. This smartwatch is helpful in measuring a person’s blood pressure and making them aware of their health issues. Hence, these factors are expected to drive market growth during the forecast period.
The global embedded temperature sensor market was valued at US$ 7,182.3 Mn in 2021.
Recent Developments:
In March 2022, Sensirion, a developing and manufacturing sensor Solutions Company released the STS4X, a fourth-generation temperature sensor series. This digital sensor provides measurements that are extremely accurate and has industry-leading lead times. Additionally, it is presently represented by the STS40 and is offered in various accuracy classes. It has features including improved single processing, three unique I2C addresses, and up to 1MHz communication speeds.
Embedded Temperature Sensor Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2021 | Market Size in 2021: | US$ 7,182.3 Mn |
Historical Data for: | 2017 to 2020 | Forecast Period: | 2022 to 2030 |
Forecast Period 2022 to 2030 CAGR: | 7.4% | 2030 Value Projection: | US$ 13,401.1 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
Honeywell International Inc., NXP Semiconductors, Panasonic Corporation, Delphi Technologies, Siemens, ABB, STMicroelectronics, Emerson Electric Co., Microchip Technology Inc., Fluke Process Instruments, Mouser Electronics, Inc., Robert Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, FLIR Systems, Inc., Amphenol Advanced Sensors, Maxim Integrated, KONGSBERG, Yokogawa India Ltd., Infineon Technologies AG, TDK-Micronas GmbH, Amphenol Corporation, OMEGA Engineering inc, ON Semiconductor, CODICO GmbH, Sensata Technologies, Inc., VINCI, and Digi-Key Electronics |
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Growth Drivers: |
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Restraints & Challenges: |
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Restraint:
High operational cost is going to restrain the growth of the embedded temperature sensor market
Global Embedded Temperature Sensor Market - Impact of Coronavirus (Covid-19) Pandemic:
The COVID-19 pandemic has driven the growth of the embedded temperature sensor market. Moreover, due to COVID-19, all Chinese manufacturers had shut down their operations to hold the spread of the coronavirus. Countries such as India find it difficult to source important raw materials and electronic components from Chinese factories. Demand for temperature sensors kept on increasing due to the. Temperature sensors are used at airports, land borders, and popular public spaces to check the temperature of people. Hence, the global embedded temperature sensor market witnessed high growth during the pandemic.
North America held a dominant position in the global embedded temperature sensor market in 2021
Statistics:
North America region dominated the global embedded temperature sensor market in 2021, accounting for a 39.4% share in terms of value, followed by Europe, Asia Pacific and Latin America, respectively
Figure 1: Global Embedded Temperature Sensor Market Share (%), By Region, 2021
North America held a dominant position in the global embedded temperature sensor market in 2021 and is projected to retain its dominance throughout the forecast period, owing to increasing demand for temperature sensors from the oil & gas, automotive, and consumer electronics sectors. For instance, FOSA (Fiber-Optic Sensing Association), the U.S first trade association, launched optical fiber sensing. Fiber-optic sensing is an advanced technology that uses light in fiber-optic cables to measure acoustics, temperature, and strain. Through this technology, individuals can detect pipeline leakage, seismic activity, and unsafe temperatures in the oil and gas industry. Additionally, increased demand for smart wearables in the U.S has increased the demand for temperature sensors. This is due to urbanization and the penetration of smart technologies in the market. Moreover, according to the U.S. Bureau of Economic Analysis (BEA), disposable personal income in the U.S. increased to US$ 16,706.40 billion in December 2021 from US$ 16,675.80 billion.
Asia Pacific region is expected to exhibit the highest growth during the forecast period. Thiis owing to the rising adoption of temperature sensors in industries such as oil and gas, and chemicals for the prevention of moisture, overheating, and corrosion. Moreover, rising investment in the oil and gas industry will provide lucrative opportunities for the embedded temperature sensor market in the coming years. For instance, according to India Brand Equity Foundation (IBEF), the investment in oil and gas exploration and production activities in India has expected to reach US$ 25 million by 2022. In addition, the growing government policies and initiatives towards the fulfillment of energy demands and initiation of new projects will contribute positively to the embedded temperature sensor market revenue during the forecast period. Due to the above-mentioned factors, the embedded temperature sensor market is expected to witness significant growth during the forecast period.
Increasing demand for embedded temperature sensor in food & beverages industry is expected to drive the market growth during the forecast period
Among end-use industry, the food & beverage segment is expected to hold a dominant position in the global embedded temperature sensor market during the forecast period. This is owing to the increasing demand for embedded temperature sensors for quality assurance during production, storage, and transit. For instance, due to stringent government regulations for Food and Drug Administration (FDA), it is mandated to use temperature sensors to monitor the temperature in complicated processes such as bottling, emulsification, piping, pasteurization, and others.
Figure 2: Global Embedded Temperature Sensor Market (US$ Mn) Analysis and Forecast, 2017 - 2030
The global embedded temperature sensor market was valued at US$ 7,182.3 Mn in 2021 and is expected to reach US$ 13,401.1 Mn by 2030, growing at a CAGR of 7.4% between 2022 and 2030.
Major players operating in the global embedded temperature sensor market include Honeywell International Inc., NXP Semiconductors, Panasonic Corporation, Delphi Technologies, Siemens, ABB, STMicroelectronics, Emerson Electric Co., Microchip Technology Inc., Fluke Process Instruments, Mouser Electronics, Inc., Robert Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, FLIR Systems, Inc., Amphenol Advanced Sensors, Maxim Integrated, KONGSBERG, Yokogawa India Ltd., Infineon Technologies AG, TDK-Micronas GmbH, Amphenol Corporation, OMEGA Engineering inc., ON Semiconductor, CODICO GmbH, Sensata Technologies, Inc., VINCI, and Digi-Key Electronics.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By End-use Industry
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
- Market Dynamics
- Global Embedded Temperature Sensor Market, By Type, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Non-contact
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Infrared
- Fiber Optic
- Contact
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Introduction
- Global Embedded Temperature Sensor Market, By End-use Industry, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Chemicals
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Oil & Gas
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Energy & Power
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Healthcare
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Food & Beverages
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Consumer Electronics
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Aerospace & Defense
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Metals & Mining
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- Introduction
- Global Embedded Temperature Sensor Market, By Region, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Market Size and Forecast, By Type, 2017–2030 (US$ Million)
- Market Size and Forecast, By End-use Industry, 2017–2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
- Introduction
- Competitive Landscape
- Company Profiles
- Honeywell International Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- NXP Semiconductors
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Panasonic Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Delphi Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Siemens
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ABB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- STMicroelectronics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Emerson Electric Co.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Microchip Technology Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Fluke Process Instruments
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Mouser Electronics, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- TE Connectivity
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- DENSO CORPORATION
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OMRON Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- FLIR Systems, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Amphenol Advanced Sensors
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Maxim Integrated
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- KONGSBERG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Yokogawa India Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Infineon Technologies AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- TDK-Micronas GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Amphenol Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- OMEGA Engineering Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ON Semiconductor
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- CODICO GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Sensata Technologies, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- VINCI
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Digi-Key Electronics
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Honeywell International Inc.*
- Analyst Views
- Company Profiles
- Section
- References
- Research Methodology
- About us and Sales Contact
*Browse 60 market data tables and 40 figures on "Global Embedded Temperature Sensor Market- Global forecast to 2030”.
Detailed Segmentation
- Global Embedded Temperature Sensor Market, By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- Global Embedded Temperature Sensor Market, End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- Global Embedded Temperature Sensor Market, By Region:
- North America
- By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- By Country:
- U.S.
- Canada
- By Type:
- Europe
- By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- By Country:
- Germany
- Italy
- U.K.
- France
- Russia
- Rest of Europe
- By Type:
- Asia Pacific
- By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Type:
- Latin America
- By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Type:
- Middle East and Africa
- By Type:
- Non-contact
- Infrared
- Fiber Optic
- Contact
- Bimetallic
- Temperature Sensor IC
- Thermistor
- Resistive Temperature Detector
- Thermocouple
- Non-contact
- End-use Industry:
- Chemicals
- Oil & Gas
- Energy & Power
- Healthcare
- Food & Beverages
- Consumer Electronics
- Aerospace & Defense
- Metals & Mining
- By Country/Region:
- GCC Countries
- South Africa
- Rest of Middle East and Africa
- By Type:
- North America