Global Temperature Sensor Market Size, Trends & Growth Opportunity and By Type (Contact-Type Temperature Sensor and Noncontact-Type Temperature Sensor), By End User Industry (Oil And Gas, Consumer Electronics, Food And Beverages, Healthcare, Automotive, and Aerospace And Defense), By Region and Forecast till 2027.
Global Temperature Sensor Market 
The Global Temperature Sensor Market is expected to grow from US$ 5.9 Billion in 2021 to US$ 8.1 Billion by 2027; it is estimated to grow at a CAGR of % from 2021 to 2027.
A thermocouple or RTD used to monitor temperature or heat using an electrical signal is referred to as a temperature sensor. A thermocouple, which senses temperature and is composed of two different metals, produces an electrical voltage that is directly proportional to a change in temperature. When the temperature varies from one area of a circuit to another, a voltage is created.
Drivers: The market for temperature sensors is being propelled by the expanding need for cutting-edge, transportable medical technology. As new technologies such as enhanced patient monitoring systems and portable health monitoring systems are developed, the demand for temperature sensors is rising. As the ageing population increases, lifestyles degrade, and viral infections spread, it is expected that demand for portable healthcare gadgets will increase even more. Temperature sensors are used in wearable medical equipment to provide ongoing patient health monitoring. One of the main factors propelling the temperature sensor market is the rising use of portable and wearable medical technology.
Restraints: On the other hand, it is further projected that changes in the price of raw materials may impede market expansion. However, the strict performance requirements for advanced applications may further impede market expansion during the projection period.
Opportunities: 
Impact of Covid-19
The market for temperature sensor has been impacted by COVID-19. Temperature sensor technology's sales and production were restricted by low investment costs and a labour shortage. To develop the practises, the government and major market actors introduced new safety measures. As a result of the correct audience being targeted, the temperature sensor's sales rate increased thanks to technological developments. In the post-pandemic environment, the increased sales of temperature sensors around the globe are anticipated to further fuel market expansion.
Segmentation By Type: Temperature Sensor Market is classified on the basis of Type into Contact-Type Temperature Sensor and Noncontact-Type Temperature Sensor. The market share projected to be dominated by contact-type temperature sensors. Low cost, wide temperature ranges, high accuracy, and their use in sectors like chemicals, consumer electronics, oil & gas, energy & power, and automotive are the contributing causes.
Segmentation By End-user Industry: Temperature Sensor Market is classified on the basis of End-user Industry into Oil And Gas, Consumer Electronics, Food And Beverages, Healthcare, Automotive, and Aerospace And Defense. Due to new applications such satellite temperature stabilisation and HVAC, the aerospace and defence sector is anticipated to have the highest CAGR during the estimated period.
Segmentation By Region: Temperature Sensor Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific will hold the greatest market share due to the region's booming industrial and automotive manufacturing, strong demand for consumer items such portable healthcare electronics and white goods, and rapid industrialisation.
Competitive Landscape: The key players of Temperature Sensor Market are ABB, Analog Devices, Inc., Amphenol Corporation, Honeywell International Inc., Global Mixed Mode Technology, Inc., Kongsberg Gruppen, Integrated Device Technology Inc., Microchip Technology Inc, Maxim Integrated Products Inc, NXP Semiconductors N.V., Siemens, TE Connectivity Ltd, On Semiconductor Corporation, DENSO Corporation, and Texas Instruments.
Industrial Development 
• Feb 2020 - Texas Instruments increased the accuracy of its negative temperature coefficient (NTC) thermistors by up to 50% by adding linear thermistors to its array of temperature sensors. The TI thermistors' improved precision can enable operation closer to the temperature limits of the system's other components. Engineers can use it to increase performance while lowering the bill of materials (BOM) and overall solution cost.
• In October 2020, DENSO Corporation announced the creation of a Factory-IoT Platform that will link 130 manufacturing facilities across the world using information technology and internet of things technologies. The newly created platform, which can be utilised freely throughout DENSO's company, saves data gathered from numerous pieces of equipment at various manufacturing sites in a single cloud. This is the first internally developed cloud-native platform in the automotive supplier sector that makes use of open-source technologies.
Market Taxonomy 
By Type
• Contact-Type Temperature Sensor
• Noncontact-Type Temperature Sensor
By End User Industry 
• Oil And Gas
• Consumer Electronics
• Food And Beverages
• Healthcare
• Automotive
• Aerospace And Defense
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Temperature Sensor Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?

Global Temperature Sensor Market TOC:

1 Introduction 
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Types
3 Executive Summary
4 Global Temperature Sensor Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Temperature Sensor Market, By Type
5.1 Y-o-Y Growth Comparison, By Type 
5.2 Global Temperature Sensor Market Share Analysis, By Type 
5.3 Global Temperature Sensor Market Size and Forecast, By Type
5.3.1 Contact-Type Temperature Sensor
5.3.2 Noncontact-Type Temperature Sensor
6 Global Temperature Sensor Market, By End-User
6.1 Y-o-Y Growth Comparison, By End-User
6.2 Global Temperature Sensor Market Share Analysis, By End-User
6.3 Global Temperature Sensor Market Size and Forecast, By End-User
6.3.1 Oil And Gas
6.3.2 Consumer Electronics
6.3.3 Food And Beverages
6.3.4 Healthcare
6.3.5 Automotive
6.3.6 Aerospace And Defense
7 Global Temperature Sensor Market, By Region
7.1 Global Temperature Sensor Market Share Analysis, By Region
7.2 Global Temperature Sensor Market Share Analysis, By Region
7.3 Global Temperature Sensor Market Size and Forecast, By Region
8 North America Temperature Sensor Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Temperature Sensor Market Share Analysis, By Type
8.3 North America Temperature Sensor Market Size and Forecast, By End-User
8.4 North America Temperature Sensor Market Size and Forecast, By Country
8.5.1 U.S.
8.6.2 Canada
9.7.3 Mexico
9 Europe Temperature Sensor Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Temperature Sensor Market Share Analysis, By Type 
9.3 Europe Temperature Sensor Market Size and Forecast, By End-User 
9.4 Europe Temperature Sensor Market Size and Forecast, By Country
9.5.1 Germany
9.6.2 France
9.7.3 UK
9.8.4. Rest of Europe
10 Asia Pacific Temperature Sensor Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Temperature Sensor Market Share Analysis, By Type 
10.3 Asia Pacific Temperature Sensor Market Size and Forecast, By End-User 
10.4 Asia Pacific Temperature Sensor Market Size and Forecast, By Country
10.5.1 China 
10.6.2 Japan
10.7.3 India
10.8.4. Rest of Asia Pacific
11 Latin America Temperature Sensor Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Temperature Sensor Market Share Analysis, By Type 
11.3 Latin America Temperature Sensor Market Size and Forecast, By End-User 
11.4 Latin America Temperature Sensor Market Size and Forecast, Country
11.5.1. Brazil
11.6.2. Rest of Latin America
12 Middle East Temperature Sensor Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Temperature Sensor Market Share Analysis, By Type 
12.3 Middle East Temperature Sensor Market Size and Forecast, By End-User  
12.4 Middle East Temperature Sensor Market Size and Forecast, By Country
12.5.1. Saudi Arabia
12.6.2. UAE
12.7.3. Egypt
12.8.4. Kuwait
12.9.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 ABB
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Analog Devices, Inc.
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Amphenol Corporation
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Honeywell International Inc.
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Global Mixed Mode Technology, Inc.
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 DENSO Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Texas Instruments
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies