Siemens, TE Connectivity and Honeywell International Inc. are Dominating the Germany RTD Temperature Sensors Market in 2019

Germany RTD Temperature Sensors Market is expected to grow with the CAGR of 7.3% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Germany RTD temperature sensors market is a highly fragmented market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario. For instance:

  • In October 2016, WIKA Alexander Wiegand SE & Co. KG which is market disruptor in temperature sensors market launched FSD-3 which provides analogue output for temperature and flow, this heated sensor is directly linked to flow rate due to which it generates more demand in liquid analysis in processing industries.

The major players dealing in Germany RTD temperature sensors market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in March 2018, GÜNTHER GmbH Temperature Measurement Technology announced the launch of explosion protected/explosion proof thermocouples & thermometers. These products are suitable for gas & mining, crude oil, petrochemicals, chemistry for testing purpose. Due to its new property of explosion proof, it is more reliable for the processes in oil and gas industries.

Siemens is the dominating player in Germany RTD temperature sensors market. The other key players existing in the market includes TE Connectivity, Honeywell International Inc., Endress+Hauser Group Services AG, Emerson Electric Co., Littlefuse, Inc., Waltlow Electric Manufacturing Company, GENERAL ELECTRIC, ABB, Anderson-Negele (A subsidiary of Danaher), Heraeus Holding, WIKA Alexander Wiegand SE & Co. KG, SAB BRÖCKSKES GmbH & Co. KG, Temperaturmeßtechnik Geraberg GmbH, West Control Solutions, GÜNTHER GmbH Temperature Measurement Technology, RÖSSEL-Messtechnik GmbH, PR electronics, JUMO GmbH & Co. KG, RECKMANN GMBH, Alf Sensor, Labom Mess- und Regeltechnik GmbH, ZIEHL INDUSTRIE-ELEKTRONIK GMBH + CO KG, Variohm among others.

Germany RTD Temperature Sensors MarketSiemens 

Siemens is headquartered in Munich, Germany and was established in year 1847. The company focus on manufacturing medical diagnosis, transportation, power, control and solutions in automation. The company operates in digital industries, smart infrastructure, gas & power, mobility, Siemens Healthineers, Siemens Gamesa renewable energy & financial services segments out of which digital industries & smart infrastructure is market focused segment. The company offers wide range of product categories such as building technology, energy, drive technology, financing, healthineers, industrial automation, mobility, services, software & consumer products in which industrial automation is market focused category.

  • In May 2019, Siemens flowmeter were used by Ottakringer Brewery for carbon dioxide measurements, with temperature and density of liquid and gaseous media. This helped the company to serve brewery industry segment which expanded the customer serving list and industrial applications.

The company has wide global presence across North America, South America, Europe, Asia-Pacific, Middle East and Africa with its various subsidiaries such as Adwen Blades GmbH, Stade (Germany), Adwen GmbH Bremerhaven (Germany) and others.

TE Connectivity

TE Connectivity is headquartered in Mühlenstrasse, Switzerland was founded in 1941. The company focuses on creating a safer, sustainable, productive, and connected future with its broad range of connectivity and sensor solutions, proven in the harsht environments, enable advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. The company operates in transportation solutions, industrial solutions, and communications solutions segments out of which industrial solutions is market focused segment. the company offers product categories which are antennas, identification & labeling, application tooling, passive components, cable assemblies, power systems, connectors, relays, contactors & switches, EMI filters, sensors, fiber optics, terminals & splices, harnessing, wire  & cable and heat shrink tubing out of which sensors is market focused category.

  • In March 2020, TE Connectivity acquired and declared its public takeover of First Sensor by acquiring 71.87% shares. This acquisition will help TE Connectivity to increase its product portfolio and increased revenue in future with increased market share.

The company has wide global presence across North America, South America, Asia-Pacific, Europe , Middle East & Africa and generates revenue from subsidiaries such as TE Connectivity Argentina S.R.L.(Argentina), Grangehurst Enterprises Pty. Ltd. (Australia), Tyco Electronics Austria GmbH (Austria), TE Connectivity Belgium BVBA (Belgium) and Tyco Electronics Eta Limited (Bermuda) among others.

Honeywell International Inc.

Honeywell International Inc., headquartered in North California, U.S. was incorporated in 1985. The company focuses on aerospace products and services, control, sensing, and security technologies for commercial buildings, safety and productivity solutions, specialty chemicals and energy efficient products and solutions. The company operates in aerospace, honeywell building technologies, performance materials and technologies, safety & productivity solutions segments out of which analytical instruments & sensors is market focused segment. The company provides sensors, switches, control & monitors, test & measurement products & barcode scan engines & decoding software out of which sensors are market focused product category.

  • In September 2019, Eaton Company launched blow out preventer hose for oil and gas industry. This new product Eaton EC556 BOP is tested for fire and is API 16D 10.1.2 approved. This product helped company to increase the customer base and product portfolio of the company.

The company has presence across the globe in North America, South America, Europe, Asia-Pacific, Middle East and Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as AlliedSignal Aerospace Service LLC (Delaware), Honeywell (China) Co., Ltd.(China),), Elster GmbH (Germany), Others.