Temperature Sensor Market worth 7.48 Billion USD by 2023 Temperature Sensor Market1 | Page 4

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 66 market data tables.
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 in-depth TOC on "Temperature Sensor Market - Global Forecast to
2023"
• The temperature sensor market in Asia Pacific is expected to grow at the highest
CAGR during the forecast period as APAC has a strong demand for consumer
equipment, including portable healthcare electronics and white goods. Increasing
industrial automation, especially in automotive and food & beverages sectors, will
generate demand for temperature sensors in APAC.
• Contact-type temperature sensors comprise thermocouple, RTD, thermistor,
temperature sensor IC, and bimetallic temperature sensor. These are widely used in
industries such as chemicals, consumer electronics, oil & gas, energy & power, and
automotive, owing to their low cost, wide temperature range, and high accuracy.
The rising adoption of temperature sensors in automotive, chemicals, and
consumer electronics sectors is the major driving factor for the market. Moreover, it
is expected that the growth of contact-type temperature sensors will be driven by