Phoenix News Desk

Global Temperature Sensors Market To Expand With A CAGR Of 3.8% From 2017 To 2025 – Credence Research

Global Temperature Sensors Market To Expand With A CAGR Of 3.8% From 2017 To 2025 – Credence Research

Credenceresearch.com has announced the addition of “Global Temperature Sensors Market To Expand With A CAGR Of 3.8% From 2017 To 2025 – Credence Research” Market Research Report to their Database.

According to a new market research report published by Credence Research “Temperature Sensors Market (Product Type – Thermistor, Thermocouple, Resistance Temperature Detectors (RTD), Infrared Temperature Sensors, Fiber Optic Temperature Sensors, Bimetallic Temperature Sensors and Others; Sensing Method – Contact-based and Contactless Temperature Sensors) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025”, the global temperature sensors market is set to expand with a CAGR of 3.8% through the forecast period of 2017 to 2025.

Browse the full report at http://www.credenceresearch.com/report/temperature-sensors-market

Market Insights

Temperature sensor refer to instrumentation device used for measuring temperature of a given object/load. These sensors are popularly used across different applications including industrial manufacturing & processing, automotive, heat, ventilation, air conditioning (HVAC), food & beverages, oil & gas and several others. Temperature sensors form among the most prominent instrumentation devices across these verticals. Inaccurate temperature measurement may lead damage to major industrial as well as residential equipment. Subsequently, temperature sensors have witnessed profound penetration across different applications, over the period of time. The most popular types of temperature sensors include contact-based and contactless temperature sensors.

The complete report is available at http://www.credenceresearch.com/report/temperature-sensors-market

Consistently rising industrial manufacturing & processing sector forms the prime factor bolstering the temperature sensors market worldwide. Driven majorly by China, Japan, South Korea and India, Asia Pacific is the most promising market for temperature sensors across the globe. With the rapid industrialization across the region, the demand for related instrumentation devices (such as temperature sensors) is projected to remain strong in the following years. Additionally, the demand for temperature sensors is driven by the rising penetration of smartphones and other electronic devices containing temperature sensors.

Request to Sample of This Report @ http://www.credenceresearch.com/sample-request/58568

The overall temperature sensors market is segmented on the basis of product type and sensing method. On the basis of product type, the market is segmented into thermistor, thermocouple, resistance temperature detectors (RTD), infrared temperature sensors, fiber optic temperature sensors, bimetallic temperature sensors and others. Based on the sensing method, the market is categorized into contact-based and contactless temperature sensors. As of 2016, the overall temperature sensors market is led by the contact-based temperature sensors segment, accounting for more than sixty percent of the total market revenue. This is attributed to their low cost, simple design and prolonged existence in the market.

On the basis of geographic regions, the market is classified into North America, Europe, Asia Pacific and rest of the world (RoW). As of 2016, the overall temperature sensors market is collectively led by the Europe and Asia Pacific region. In the following years, Asia Pacific is set to continue dominating the overall temperature sensors.

Related Reports:

http://www.credenceresearch.com/report/unmanned-underwater-vehicles-uuv-market

About Credence Research:

Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.

Blog URL – http://www.mobilecomputingtoday.co.uk/6013/temperature-sensors-market-expand-cagr-3-8-2017-2025-credence-research/

Media Contact
Company Name: Credence Research
Contact Person: Chris Smith, Global Sales Manager
Email: Send Email
Phone: +1-800-361-8290
Address:105 N 1st ST #429, SAN JOSE, CA 95103 US
City: SAN JOSE
State: California
Country: United States
Website: http://www.credenceresearch.com/report/temperature-sensors-market