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:6/26/2016)... ... ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop a weight ... app plans to fix the two major problems leading the fitness industry today:, ... program , They don’t eliminate all the reasons people quit their exercise program ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... "With 30 ... their specific project," said Christina Austin - CEO of Pixel Film Studios. , ... and all within Final Cut Pro X . Simply select a ProHand generator ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether ... latter, setting the bar too high can result in disappointment, perhaps even self-loathing. However, ... their goal. , Research from PsychTests.com reveals that behind the tendency ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Scientific Sessions in Dallas that it will receive two significant new grants to ... came as PHA marked its 25th anniversary by recognizing patients, medical professionals and ...
(Date:6/24/2016)... TX (PRWEB) , ... June 24, 2016 , ... People ... part in Genome magazine’s Code Talker Award, an essay contest in which patients and ... an award to be presented at the 2016 National Society of Genetic Counselors (NSGC) ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... , June 23, 2016 The vast majority ... outpatient dialysis facility.  Treatments are usually 3 times a ... per visit, including travel time, equipment preparation and wait ... but especially grueling for patients who are elderly and ... skilled nursing and rehabilitation centers for some duration of ...
(Date:6/23/2016)... FRANKLIN, Tenn. , June 23, 2016 ... for automating, integrating and transforming the patient ... launch of several innovative new products and ... depth of its revenue cycle offerings. These ... establish more efficient workflows, remain compliant in ...
(Date:6/23/2016)... 2016  The National Pharmaceutical Council (NPC) today ... policy research organization as its newest member.  ... vice president and chief scientific officer, Mallinckrodt Pharmaceuticals, ... NPC Board of Directors. ... joined us in support of our efforts to ...
Breaking Medicine Technology: