Market Research Insights Temperature Sensors Market | Page 3

a resistance heater or electrically power-driven spark producing device. North America holds the major share in
the global market owing to increasing in demand and need for temperature sensors in home weather stations,
smart homes particularly in regions such as U.S. and Canada. Increasing investment in R&D and technological
advancements can be attributed as the key factor for the market dominance in this region. Asia Pacific is
expected to witness significant growth rate owing to increasing healthcare, oil & gas and automobile sectors in
the region
Key market players are ABB Ltd., Texas Instruments Incorporated, Honeywell International, Inc. Analog Devices,
Siemens AG, Maxim Integrated Products, Inc., Other industry participants include Kongsberg Gruppen, Danaher
Corporation, Emerson Electric Company, TE Connectivity Ltd., General Electric, Panasonic Corporation,
Microchip Technology Incorporated, NXP Semiconductors, and STMicroelectronics. Major players in the
industry invest more in partnerships, research &development and collaborations with local players to develop
high performance and enhanced temperature sensors. Many companies manufacture products and also provide
services and system integrators to the clients forming an important role in the market.
Market Segment:
Temperature Sensors Application Outlook (Revenue, USD Million, 2012 - 2020)
• Automotive
• Consumer Electronics
• Environmental
• Healthcare & Medical
• Process Industries
• Others
Temperature Sensors Regional Outlook (Revenue, USD Million, 2012 - 2020)
• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• India
• RoW
• Brazil