Temperature Sensor Market by Connectivity (Wired, Wireless), Contact Type (Thermocouple, Thermistor), Non-Contact Type (Infrared Temperature, Fiber Optic), Output (Digital, Analog), End Use Industry and Region - Global Forecast to 2030

The global temperature sensor market is projected to grow from USD 7.43 billion in 2025 to USD 8.94 billion by 2030 at a CAGR of 3.8% from 2025 to 2030. The adoption of wearable devices is increasing rapidly, with many end users seeking such technologies to improve their fitness and overall health. Currently, 1 in 6 people own and use a wearable device, and this adoption trend is expected to grow in the coming years. Several temperature sensors are embedded in wearable devices to monitor body parameters. These sensors are used in devices such as smartwatches and fitness activity trackers. The demand for temperature sensors in wearables, such as smartwatches and fitness trackers, is increasing as the technology enables the effective monitoring and measurement of bodily activities, such as heart rate and body temperature. With technological advancements, the demand for enhanced and improved wearables is also expected to grow.

“Contact type to account for larger market share in 2030”

Contact temperature sensors require physical contact with the substance/object/source. They can detect solid, liquid, or gaseous elements covering a range of temperatures. These sensors include thermocouples, RTDs, thermistors, temperature sensor ICs, and bimetallic temperature sensors. The use of these sensors differs based on the application. The application of contact temperature sensors is prevalent in a variety of industries, including chemicals, consumer electronics, oil & gas, energy & power, and automotive, due to their low cost, temperature range, and accuracy. Some of the major players that offer contact temperature sensors are Honeywell International Inc. (US), TE Connectivity (Switzerland), Dwyer Instruments, LLC. (US), and Texas Instruments Incorporated (US).

“Wired to capture the largest share of the temperature sensor market during the forecast period”

A wired temperature sensor is a device that measures temperature and converts the input data into a measurable signal, which can be recorded and monitored to track temperature changes. The demand for reliable and accurate temperature monitoring is increasing. Due to its connectivity, the wired temperature sensor segment is expected to hold a larger share of the temperature sensor market. Recent years have seen an increasing use of temperature sensors across multiple industries due to their low price, broad temperature range, and high levels of accuracy. For example, the chemical, consumer electronics, oil & gas, energy & power, or automotive industries have seen significant increases in the use of contact temperature sensors. Other wired temperature sensors can provide stability, accuracy, and a fast response time, making them the best candidates for critical industrial processes that require temperature control. Several manufacturers have started to manufacture temperature sensors. For example, in 2022, Temp-Pro, which manufactures temperature sensors, unveiled Helical Thermowell, which was developed to fill the void in the temperature sensor industry for high-velocity services.

“China to hold largest share in Asia Pacific of temperature sensor market in 2030”

China is one of the leaders in the Asia Pacific temperature sensor market as of 2030 and is most likely going to continue to lead the market size during the forecast period. The country has an aggressively growing economy that is aiding in the development of the temperature sensor market. It is the largest consumer of electricity in the Asia Pacific, primarily owing to its rapid industrialization and high population. Growing demand from the energy & power sector will be one of the key drivers for the market. It plans to invest heavily in renewable energy resources, which is anticipated to boost the demand for temperature sensors. Transformer monitoring systems, which deploy temperature sensors, are increasingly used in the country, which is likely to surge the demand for temperature sensors in the coming years.

Extensive primary interviews were conducted with key industry experts in the temperature sensor market space to determine and verify the market size for various segments and subsegments gathered through secondary research. The breakup of primary participants for the report is shown below: The study contains insights from various industry experts, from component suppliers to Tier 1

companies and OEMs. The breakup of the primaries is as follows:

• By Company Type: Tier 1 – 40%, Tier 2 – 35%, and Tier 3 – 25%
• By Designation: C-level Executives – 45%, Directors – 35%, and Others – 20%
• By Region: North America – 30%, Europe – 22%, Asia Pacific – 40%, and RoW – 8%

Note: Three tiers of companies are defined based on their total revenue as of 2024; tier 1: revenue more than or equal to USD 500 million, tier 2: revenue between USD 100 million and USD 500 million, and tier 3: revenue less than or equal to USD 100 million. Other designations include sales and marketing executives and researchers, as well as members of various temperature sensor organizations.

Some key players in the temperature sensor market are Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), Siemens (Germany), Emerson Electric Co. (US), Analog Devices, Inc. (US), Amphenol Corporation (US), WIKA Alexander Wiegand SE & Co. KG (Germany), and Microchip Technology Inc. (US).

The study includes an in-depth competitive analysis of these key players in the temperature sensor market, with their company profiles, recent developments, and key market strategies.

Study Coverage: This research report categorizes the temperature sensor market based on connectivity (wired, wireless), product (contact type, non-contact type), output (analog, digital), end-use industry (chemicals, oil & gas, consumer electronics, energy & power, healthcare, automotive, metals & mining, food & beverages, pulp & paper, aerospace & defense, glass, others), and region (North America, Europe, Asia Pacific, and RoW). The report describes the major drivers, restraints, challenges, and opportunities pertaining to the temperature sensor market and forecasts the same till 2030. The report also consists of leadership mapping and analysis of all the companies included in the temperature sensor ecosystem.

Key Benefits of Buying the Report The report will help the market leaders/new entrants in this market by providing information on the closest approximations of the revenue numbers for the overall temperature sensor market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (surging demand for portable health monitoring systems, rising popularity of autonomous vehicles, escalating adoption of Industry 4.0 and IoT technologies, increasing need for sensors to control spacecraft remotely), restraints (fluctuations in raw material costs), opportunities (rising preference for wearable devices, increasing consumption of packaged foods, mounting investment in IoT research projects), and challenges (stringent performance requirements for advanced applications, intense price competition among manufacturers) influencing the growth of the temperature sensor market
• Product Development/Innovation: Detailed insights into upcoming technologies, research and development activities, and the latest product and service launches in the temperature sensor market
• Market Development: Comprehensive information about lucrative markets – the report analyzes the temperature sensor market across varied regions
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the temperature sensor market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, such as Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), and Siemens (Germany), in the temperature sensor market

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