The global temperature sensor market is forecasted to grow at a CAGR of 11.54% during the period 2017-2021

LONDON, Dec. 4, 2017 /PRNewswire/ --

About Temperature Sensor

A sensor detects and triggers a response to some form of input from the physical environment. It is a device that senses a change in analog information like a variation in light and pressure in the environment in which it is placed, converts it into an electric signal/pulse, and sends it to other subsystems based on its specific use. An input to be detected could be in any form, including light, heat, motion, moisture, and pressure. It may be an environmental phenomenon as well.



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Technavio's analysts forecast the global temperature sensor market to grow at a CAGR of 11.54% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global temperature sensor market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Temperature Sensor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Honeywell International
• Microchip Technology
• NXP Semiconductors
• Panasonic

Other prominent vendors
• ABB
• Analog Devices
• Emerson
• Maxim Integrated
• Siemens

Market driver
• Regulatory framework associated with the automotive segment
• For a full, detailed list, view our report

Market challenge
• Constant reduction in the price
• For a full, detailed list, view our report

Market trend
• Increasing demand for DTS
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

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