According to a new market research report published by Credence Research “Temperature Sensors Market is set to expand with a CAGR of 3.8% through the forecast period of 2017 to 2025.
The purpose of the report is to illustrate the state of the market of Temperature Sensors, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2018, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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.
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- Texas Instruments, Inc.
- Microchip Technology, Inc.
- Analog Devices, Inc.
- Honeywell International, Inc.
- Infineon Technologies AG
- STMicroelectronics N.V.
- General Electric (GE) Company
- ABB Ltd.
- Maxim Integrated Products, Inc.
- ON Semiconductor
- Atmel Corporation
- Calex Electronics Ltd.
- Panasonic Corporation
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Temperature Sensors buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
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What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Temperature Sensors contains:
Analysis and forecast of Temperature Sensors market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Temperature Sensors market;
Assessment and forecast of Temperature Sensors market development;
Financial and business profiles of the leading companies in the Temperature Sensors industry.
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– Up to date working Temperature Sensors data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Temperature Sensors for the period 2018 to 2026
– Planned Temperature Sensors additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Temperature Sensors projects by region, key countries, and companies
– Details of major planned Temperature Sensors projects in the world up to 2026
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