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MarketsandMarkets: Global Temperature Sensors Market Worth $4.51 Billion by 2016
Date:2/29/2012

DALLAS, February 29, 2012 /PRNewswire/ --

According to a new market research report "Temperature Sensor Market, A Study of major Sensor types (ICs, Thermostat, Thermistor, Resistive Temperature Detectors (RTDs), Thermocouple) & Applications, Global Forecast & Analysis 2011 - 2016" published by MarketsandMarkets (http://www.marketsandmarkets.com), 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 70 tables and in-depth TOC on "Temperature Sensor Market, A Study of major Sensor types (ICs, Thermostat, Thermistor, Resistive Temperature Detectors (RTDs), Thermocouple) & Applications, Global Forecast & Analysis 2011 -2016"
http://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html
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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 rel
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