Temperature sensor market is anticipated to grow at a CAGR of 5.8% during the forecast period (2024-2031). The global temperature sensor market is driven by the rising demand for temperature sensors in end-user industries such as healthcare, oil & gas, and food & beverage among others. Further, technological advancements in temperature sensing, such as multi-parameter temperature sensing, IoT-enabled sensors, and integration in consumer electronics, have increased the application scope for the product.
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The temperature sensor market is expanding owing to the increasing use of cold chain logistics, particularly in pharmaceuticals and the food and beverage industry, to preserve food, crops, and medicine for longer periods while reducing the use of preservatives and processing during the transportation of goods. Additionally, the industry is bound by regulatory frameworks to maintain product quality, which is accomplished using cold chain products, such as sensor-integrated vaccine containers to get remote access to temperature data and manage temperature from remote locations to optimize cost, energy, and product quality. In September 2022, CubeWorks, a startup business accelerating the future of IoT with innovative smart sensing solutions, unveiled the next-generation visibility solution for cold chain logistics, CubiSens XT1. The XT1 is the first temperature tracker of its kind, allowing for product-level monitoring of biopharma goods to ensure temperature compliance and quality during their full lifecycle. Such product development for application in cold chain logistics is further driving the global market growth.
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- Market Coverage
- Market number available for – 2025-2031
- Base year- 2025
- Forecast period- 2025-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Temperature Sensor Market by Product Type
- Contact Temperature Sensors
- Thermocouples
- Resistive Temperature Detectors
- Thermistors
- Temperature Sensor ICs
- Bimetallic Temperature Sensors
- Non-contact Temperature Sensors
- Infrared Temperature Sensors
- Fiber Optic Temperature Sensors
Global Temperature Sensor Market by Connectivity
- Wired
- Wireless
Global Temperature Sensor Market by End-User
- Chemicals
- Oil & Gas
- Consumer Electronics
- Energy & Power
- Healthcare
- Automotive
- Food & Beverages
- Aerospace & Defense
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Amphenol Corp.
- DENSO Corp.
- Emerson Electric Co.
- Endress+Hauser AG
- Infineon Technologies AG
- Kongsberg Gruppen ASA
- Microchip Technology Inc.
- NXP Semiconductors N.V.
- Okazaki Manufacturing Co.
- OMRON Corp.
- Renesas Electronics Corp.
- Siemens AG
- TDK Corp.
- TE Connectivity Corp.
- Texas Instruments Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global temperature sensor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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