Embedded Temperature Sensor Market

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EMBEDDED TEMPERATURE SENSOR MARKET
ANALYSIS

• 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, 2020 -
  2027

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• Market Dynamics Drivers
• 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
  smartwatches 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 that is used to monitor blood
  pressure and track health-related problems. This
  smartwatch is helpful in measuring a persons
  blood pressure and making them aware about their
  health issues. Hence, these factors are expected
  to drive the market growth during the forecast
  period.

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Figure 1. Global Embedded Temperature Sensor
Market Share (), By Region, 2019
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• Market Dynamics Restraints
• Increasing demand for embedded temperature sensor
  in food beverages industry is expected to drive
  the market growth during the forecast period

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• Market Opportunities
• 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.

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Figure 2. Global Embedded Temperature Sensor
Market Value (US Mn), 2017 - 2027
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• Sensor Market
• The global embedded temperature sensor market was
  valued at US 6,492.34 Mn in 2019 and is expected
  to reach US 9,876.32 Mn by 2027 at a CAGR of
  7.2 between 2020 and 2027..

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