Navigation Links
Temperature Sensors Market is Expected to Reach $4.51 Billion Units by 2016 with an Estimated CAGR of 5.6% - New Report by MarketsandMarkets
Date:3/10/2013

(PRWEB) March 10, 2013

According to a new market research report “Temperature Sensor Market, A Study of major Sensor types (ICs, Thermostat, Thermistor, Resistive Temperature Detectors, Thermocouple) & Applications, Global Forecast & Analysis 2011 – 2016” published by MarketsandMarkets, the market size of temperature sensors in the year 2010 was $3.27 billion and is expected to reach $4.51 billion units by 2016, at an estimated CAGR of 5.6%.

In terms of volume, the unit shipment for temperature sensors was 2.02 billion units in the year 2010 and is expected to reach 3.54 billion units by 2016, at an estimated CAGR of 10%from 2011 to 2016.

Browse

  • 105 Market Data Tables
  • 43 Figures
  • 290 pages and an in-depth Table of Content on “Temperature Sensors Market"

Buy a copy of this report @ http://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=522

Early buyers will receive 10% customization on this report.

The need for temperature sensors is evolving and this section is continuously climbing up the success ladder. Temperature sensors mainly utilize digital technology, which means better in efficiency and sensing performance. Temperature sensors have a significant place in different industry verticals. The major applications of temperature sensors are in petrochemical industry, automotive industry, consumer electronics industry, metal industries, food and beverages industry, and healthcare.

The largest application segment for temperature sensors is the petrochemical segment, together with related process applications. The electronics segment follows as the second largest application segment for temperature sensors. In the automotive industry, the temperature sensors are improving passengers comfort, engine‘s efficiency, and performance. The demand for reliable, high performance and low cost sensors is increasing leading to the development of micro technology and nanotechnology, offering opportunities like miniaturization, low power consumption, mass production, etc. New temperature sensors such as the IR temperature sensor offer several key advantages. They allow contact less and consequently corrosion-free measurement of temperature. These devices have gained immense popularity in the food and beverage industry and chemical segment.

Global temperature sensor market size is estimated to grow with CAGR of 5.6%. Temperature sensors are used for two purposes.

Temperature sensors are also used to monitor catalyst functioning — usually two sensors will be fitted, with one before the catalyst and one after to monitor the temperature rise over the catalytic-converter core. For every 1% of CO in the exhaust gas stream, the exhaust gas temperature will rise by 100°C.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

Contact:
Mr. Rohan
North - Dominion Plaza,
17304 Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-6006-441
Email: sales(at)marketsandmarkets(dot)com
Visit our Google Plus Profile
Connect with us on LinkedIn
Connect with us on Facebook

Read the full story at http://www.prweb.com/releases/temperature-sensor/market/prweb10511624.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Body Temperature May Matter After Cardiac Arrest
2. Heart Deaths Rise With Extreme Temperatures, Study Finds
3. MadgeTech, Inc. Develops Temperature Recorder for Harsh Environments
4. FEMA awards $1 Million to WPI to develop groundbreaking toxic gas sensors for firefighters
5. Football helmet sensors help researchers demystify concussion in young athletes
6. Water Supply & Irrigation Systems in Canada Industry Market Research Report Now Available from IBISWorld
7. Cleaning Up: Pest Control in Canada Industry Market Research Report Now Available from IBISWorld
8. ZTL Starts Hitting LED Lighting Market Worldwide
9. LAN Infotech Achieves a Microsoft Silver Midmarket Solution Provider Competency in the Microsoft Partner Network
10. DirectMail.com Names Mike Savage as Vice President of Marketing Solutions
11. bodHOST Achieves Accelerated Momentum in $148 Billion Market with CEO Appointment
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/31/2016)... ... ... Twenty years ago it was revolutionary: enabling the people who hear distressing voices ... But this approach has proven transformative, both for people who hear voices and for ... is used around the world, but it still lags in the United States. , ...
(Date:5/31/2016)... (PRWEB) , ... May 31, 2016 , ... ... commercial molecular diagnostics device that enables unprecedented portability and convenience. , The Cube ... four inches cubed in size, the Cube fits easily into any space, whether ...
(Date:5/31/2016)... CA (PRWEB) , ... May 31, 2016 , ... WaterField ... for digital-minded professionals, announces the waxed-canvas and leather Duo Dopp Kit , the ... waxed canvas or ballistic nylon, the Duo is smartly designed for Dad’s ...
(Date:5/31/2016)... ... , ... Phynd Technologies, Inc. announced recently the signing of three new hospitals: ... Medical Center – Somers Point, NJ. The new clients range in bed size from ... of Phynd’s solution and its interoperability. , Houston Methodist is a leading academic medical ...
(Date:5/31/2016)... ... May 31, 2016 , ... ... firm and statement solutions provider, for the tenth consecutive year as a ... issue of Advertising Age, and SourceLink ranked eighteenth in the “U.S. CRM/Direct Marketing ...
Breaking Medicine News(10 mins):
(Date:5/30/2016)... , May 30, 2016 ... H1 2016" market research report with comprehensive information ... with comparative analysis at various stages, therapeutics assessment ... of administration (RoA) and molecule type, along with ... It also reviews key players involved in the ...
(Date:5/27/2016)... 2016 According to the 2016 ... driving ambulatory blood pressure monitoring system market growth. With ... ability to respond to different pressure rates, leading to ... to various cardiovascular disorders such as heart failure, stroke, ... are growing in prevalence each year. WHO estimates that ...
(Date:5/27/2016)... , May 27, 2016 The ... manufacturers, health insurance companies all falling under its umbrella.  ... companies. While not often talked about, these healthcare companies ... United States is by far the largest ... Medical Isotope Corp. (OTC: ADMD), Nutranomics Inc. (OTC: NNRX), ...
Breaking Medicine Technology: