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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

ers 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.

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