Global Thermo Couple Temperature Sensor market
Thermocouple temperature sensors are widely used in the automotive industry, primarily for automatic transmission systems and thermal management. Thus, strict emission regulations imposed by authorities, advancements in the autonomous segment, and increasing global penetration of electric vehicles (EV) are the major factors driving the market.
Rising Demand from the Automotive Industry is Boosting the Market Growth of Thermocouples
The growing applications in the automobile industry are driving the global market for thermocouples. Thermocouples are widely utilized in autos and automotive parts such as spark plugs, cylinder heads, car batteries, and brake discs, to monitor and record critical information giving the market a significant boost. Furthermore, due to the miniaturization of smart sensor technology, thermocouple temperature sensors are utilized for safety and precise measurements of smart automobile equipment, as well as to create and analyze rapid sensor data. Therefore, the thriving automobile sector is driving thermocouple market expansion in the global market.
The Dangers of Using Temperature Sensors in Dangerous Environments
Products, equipment, and systems that operates in extreme conditions are only as reliable as their weakest link. Temperature sensors employed in such systems are often the weak link, causing significant disruption and downtime. This is true in many industrial applications, including oil and gas, aerospace, HVAC, metal processing, power generation, and water treatment. Extreme temperature, physical shock or vibration, humidity, corrosion, and radiation are all common environmental factors that tend to deteriorate sensors.
Non-Contact Temperature Sensors are Posing a Challenge to Traditional Temperature Sensors.
Non-contact temperature sensors enable engineers to acquire precise temperature measurements in settings where other types of sensors are either impossible or extremely difficult to use. This is often because the application itself damages a contact-type sensor, such as when measuring molten metal with a thermocouple or resistance temperature detector. In traditional sensors, if the electrical interference is strong, as in induction heating, the electromagnetic field surrounding the item will provide erroneous findings. Both issues are avoided by using a remote infrared sensor. This is another key factor responsible for the growth of the Thermo Couple Temperature Sensor Market.
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Market Segmentation
Global
Market player
Recent Development
In May 2022, two new sensors for electrified cars, the Current Sensor Module (CSM) and the Battery Impact Detection (BID) system, were launched by Continental, a German auto components manufacturer. The CSM is a two-channel sensor that combines shunt and hall technologies to provide measurements.
Attribute | Details |
Base Year | 2022 |
Historic Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2024-2028 |
Report coverage | Revenue forecast, company share, growth factors, and trends |
Segments covered | Type Application Construction Type |
Regional scope | North America; Asia-Pacific; Europe; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; China; Indian; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Russia, Switzerland; Belgium; Italy; Brazil; Colombia; Argentina; Peru; Chile; Africa, Saudi Arabia; South Africa; UAE; Israel; Turkey |
Key companies profiled | Honeywell International Inc, ABB Ltd, Analog Devices, Inc, Emersion Electric Co, Kongsberg Gruppen ASA, Maxim Integrated Products, Inc, Microchip Technology, Inc, Mouser Electronics, Inc, NXP Semiconductors NV, Texas Instruments, Inc. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |