Market Revenue Temperature Sensors Market Driver Analysis | Page 2

Personal computers, scanners, copiers, POS terminals and printers constitute sensors for temperature control
and to avoid and accessories such as scanners, printers, copiers and POS terminals. Entertainment systems such
as gaming consoles Blu-Ray/DVD players, and flat panel TVs, also use these devices to enhance performance
and provide better reliability. Increasing awareness and adoption of HVAC modules is anticipated to favorably
influence the global industry. Technological advancements coupled with reduction in prices is expected to result
in launch of new product applications in HVAC sector.
Lithium neonate and Lanthanum gallium silicate also known as langasite form the key raw materials of
temperature sensors that improve measurement ranges of these sensors. Silicon sensors are widely used
materials since they are easily available, cost efficient and are used to measure physical parameters including
pressure. Multi sensors are extensively used in mass applications due to their stability and thereby driving the
global temperature sensors growth rate. Rising concern towards surveillance and security is expected to propel
the demand for sensors over the next seven years. Government initiatives for safety and environmental norms
are anticipated to steer the market growth. The launch of MEMS technology in the market can be attributed as
the major opportunities for market in the future.
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On the basis of product type, the global market has been segmented into Bimetallic Sensor, Sensor IC,
Thermistor (Negative and Positive Temperature Coefficient), Resistive Detector (RTD), Thermocouple, Infrared
and Fiber Optic temperature sensors. Thermocouples are expected to have the largest market share in terms of
revenue owing to its wide applications in several industries including process, metal and petrochemicals
industries, owing to quick response to temperature fluctuations, user friendliness, and simplicity. They are also
extensively used in mechanical and electrical apparatus for testing prototypes that are produced for
manufacturing.
Thermistors are expected to witness significant growth rate over the forecast period. A thermistor is a superior
type of resistor that tends to change its physical resistance value when exposed to temperature changes. These
sensors usually constitute and made of ceramic materials including oxides of manganese, nickel, cobalt coated
in glass which makes them easily damaged. High speed of respons