Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
| 2023 –2030 | |
|
|
USD 447.76 Million |
| USD 821.27 Million | |
| % | |
North America Thermocouple Temperature Sensors Market, By Type (Base Metal Thermocouple and Noble Metal Thermocouple), Construction Type (Grounded Thermocouple, Exposed Thermocouple, and Ungrounded Thermocouple), Temperature Range ((-200C) To 900C, (-200C) To 1250C, 0 To 750C, (-250C) To 350C, 0 To 1500C, and 0 To 1700C), Application (Automotive, Chemicals & Petrochemical, Power Generation, Metals & Mining, Oil & Gas, Food & Beverage, Life Science, Aerospace, Waste & Water Treatment, and Others) – Industry Trends and Forecast to 2030.
The growing advancement in industrial applications has inadvertently increased the usage of temperature sensors which in turn increases thermocouple temperature sensors. This is expected to boost the market growth.
Data Bridge Market Research analyzes that the North America thermocouple temperature sensors market, which was USD 447.76 million in 2022, would rocket up to USD 821.27 million by 2030, and is expected to undergo a CAGR of 7.87% during the forecast period of 2023-2030. The automotive sector accounts for the largest segment in the application segment owing to the rise in demand for zero-emission vehicles.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015-2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
By Type (Base Metal Thermocouple and Noble Metal Thermocouple), Construction Type (Grounded Thermocouple, Exposed Thermocouple, and Ungrounded Thermocouple), Temperature Range ((-200C) To 900C, (-200C) To 1250C, 0 To 750C, (-250C) To 350C, 0 To 1500C, and 0 To 1700C), Application (Automotive, Chemical & Petrochemical, Power Generation, Metals & Mining, Oil & Gas, Food & Beverage, Life Science, Aerospace, Waste & Water Treatment, and Others)
|
|
Countries Covered
|
U.S., Canada, and Mexico
|
|
Market Players Covered
|
Honeywell International Inc. (U.S.), Maxim Integrated (U.S.), Danfoss A/S (Denmark), Thermometrics Corporation (U.S.), Durex Industries (U.S.), Thermo Sensor GmbH (Germany), Microchip Technology Inc (U.S.), KEYENCE CORPORATION (Japan), Applied Sensor Technologies (U.S.), Okazaki Manufacturing Company (U.K.), SOR Inc. (U.S.), Thermo Sensors (India), Emerson Electric Co (U.S.), Pyromation, Inc. (U.S.), GÜNTHER GmbH (Germany), OMEGA Engineering (U.S.), West Control Solutions (U.K.), WIKA Alexander Wiegand SE & Co. KG (Germany), TE Connectivity (Switzerland), and Peak Sensors Ltd (U.K.) among others
|
|
Market Opportunities
|
|
Market Definition
A thermocouple temperature sensor refers to a type of sensor that assists in measuring temperature. These include two different types of metals that are generally joined together at one end. A voltage is created that can be correlated back to the temperature when the junction of the two metals is heated or cooled.
Drivers
The rise in the adoption of these sensors for temperature-sensitive applications in industries is witnessed as these sensors are used to measure physical, chemical, or biological quantities with great accuracy and repeatability. Moreover, the thermal sensor is a sensor that detects the temperature, heat, heat flux/capacity, and thermal conductivity to be measured. The most familiar type of thermal sensor in our lives is a thermometer, which is used to measure the temperature of solids, liquids, and gases. While there are various types of thermal sensors that have detection capability according to the range of applications, they are primarily industrial thermocouples or thermistors. This has increased adoption in various industries such as food and beverages, textile, and healthcare among others, which is expected to drive market growth.
Non-contact thermometers, also known as Infrared (IR) thermometers, measure temperature from a distance. Every form of matter with a temperature above absolute zero (0 K) emits infrared radiation relative to its temperature. This is called characteristic radiation. The emissivity of a material is the relative ability of its surface to emit energy by radiation. The increase in demand for contactless sensors that can be deployed in potentially hazardous environments, including places exposed to radiation is expected to drive market growth.
Opportunity
The increase in demand for digital maturity has extended profitable opportunities for the market players in the past few years. In addition, the advent of artificial intelligence, automation, and facial recognition technologies will further expand the future market growth.
Restraint/Challenge
The easy-to-use nature and low cost of conductive ink are expected to restrain the thermocouple temperature sensors market growth as it will limit the advancements within the market, which will prove to be a demerit for market growth.
The North America thermocouple temperature sensors market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the thermocouple temperature sensors market, contact Data Bridge Market Research for an Analyst Brief. Our team will help you make an informed market decision to achieve market growth.
Recent Developments
The North America thermocouple temperature sensors market is segmented based on type, construction type, temperature range, and application. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Construction Type
Temperature Range
Application
The North America thermocouple temperature sensors market is analyzed, and market size insights and trends are provided by country, type, construction type, temperature range, and application, as referenced above.
The countries covered in this market report are U.S., Canada, and Mexico.
The U.S. accounted for the largest market share due to the increased spending capacity of consumers for smart electronics, which is augmenting the demand for thermocouple temperature sensors.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as downstream and upstream value chain analysis, technical trends, Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
The North America thermocouple temperature sensors market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the North America thermocouple temperature sensors market are
SKU-
To support market growth and help clients navigate the impact of geopolitical shifts, DBMR has integrated in-depth supply chain analysis into its North America Thermocouple Temperature Sensors Market research reports. This addition empowers clients to respond effectively to global changes affecting their industries. The supply chain analysis section includes detailed insights such as North America Thermocouple Temperature Sensors Market consumption and production by country, price trend analysis, the impact of tariffs and geopolitical developments, and import and export trends by country and HSN code. It also highlights major suppliers with data on production capacity and company profiles, as well as key importers and exporters. In addition to research, DBMR offers specialized supply chain consulting services backed by over a decade of experience, providing solutions like supplier discovery, supplier risk assessment, price trend analysis, impact evaluation of inflation and trade route changes, and comprehensive market trend analysis.
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.