What is Digital Temperature Sensors Market Scope?
Digital Temperature Sensor provides great accuracy measurements than the original ones, these provide the result through digital sensors, which in turn gives the output in degrees or Celsius. It is used for major applications. These sensors are inculcated into varieties of smart devices, to provide correct information regarding the temperature of a particular device such as laptops, pc, etc. Rising consumer electronics world widely is driving the market for this sensor.
The Digital Temperature Sensors market study is being classified by Type (Contact-type temperature sensor (Bimetallic temperature sensor, Temperature sensor IC, Thermistor, Thermocouple, Resistive temperature detector (RTD)) and Noncontact-type temperature sensor (Infrared temperature sensor, Fiber-optic temperature sensor)), by Application (Automotive, Healthcare, Consumer Electronics, Food & Beverage, Aerospace & Defense and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Digital Temperature Sensors market throughout the predicted period.
ABB (Switzerland), Texas Instruments (United States), Analog Devices (United States), Honeywell International (United States), Amphenol (United States), Integrated Device Technology (United States), Kongsberg Gruppen (Norway), Microchip Technology (United States) and ON Semiconductor (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Endress+Hauser (Switzerland), Okazaki Manufacturing Company (Japan), Yamari Industries (Japan), STMicroelectronics (Switzerland), TE Connectivity (Switzerland) and Omega Engineering (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Digital Temperature Sensors market by Type, Application and Region.
On the basis of geography, the market of Digital Temperature Sensors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 26th October 2018, Texas International launched a highly accurate Digital Temperature Sensors which offer ±0.1°C accuracy across a wide temperature range. This digital temperature sensors TMP117 and TMP117M helps in simplifying system design for industrial and medical applications
Influencing Market Trend
- Increasing Trend of Smaller Size Systems
- Increasing Adoption of Home and Building Automation Systems
Market Drivers
- Increasing Smart Consumer Electronics Globally
- Increasing Demand from Oil & Gas Industry
Opportunities
- Growing Trend of Wearable Devices Globally
- Rising Need for Temperature Control for Food Safety Management in a Device
Restraints
- High Cost for These Sensors
- Lack of Standardization in Digital Sensors
Challenges
- Stringent Performance Requirements for Advanced Applications
- Intense Competition among Manufacturers
Key Target Audience
Potential Investors, Government Bodies and Associations, Up and Down Stream Vendors, Private Research Organizations, Suppliers and Distributors and Others
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