ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

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ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

The Asia Pacific thermocouple temperature sensor market was valued at $XX million in 2018 and is projected to reach $XX million by 2027 at a CAGR of 6.01% from 2019 to 2027. Increasing sales and advancement of automobiles, the growing technological developments and the growing importance of safety & security are primarily driving the growth of the market.

ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

Asia Pacific Thermocouple Temperature Sensor Market by Application (Food and Beverage, Power Generation, Automotive, Petrochemicals and Chemicals, Oil and Gas, Metals and Mining, Aerospace, Other Applications) by Geography.

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The Asia Pacific thermocouple temperature sensor market was valued at $XX million in 2018 and is projected to reach $XX million by 2027 at a CAGR of 6.01% from 2019 to 2027. Increasing sales and advancement of automobiles, the growing technological developments and the growing importance of safety & security are primarily driving the growth of the market.

Consumer electronics is the greatest contributor to the regional market of Asia Pacific. With an increase in consumer purchasing power, the high adoption of smartphones, and growing awareness of wearables will raise the demand for temperature sensors in APAC during the forecast period. In addition, APAC is one of the largest markets for refineries and petrochemicals, which will also boost the demand for temperature sensors. A large number of the world’s largest oil refineries are established in this region.

The economies of China, India, Japan, South Korea, Australia and the Rest of APAC are the major contributors by revenue to the market for thermocouple temperature sensors in the APAC region. The rise in automotive manufacturing plants and an increase in demand for the raw material components are expected to fuel the growth of the thermocouple temperature sensors market. Furthermore, the increase in disposable income in the Asian countries boosts automotive sales in this region.

TE Connectivity, STMicroelectronics, NXP Semiconductors N.V., Keyence Corporation, Microchip Technology Inc., Bosch Sensortec, Maxim Integrated Products Inc., Texas Instruments, Danfoss A/S, and Honeywell International Inc. are the major market players operating in the market.

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  1. RESEARCH SCOPE
    • STUDY GOALS
    • SCOPE OF THE MARKET STUDY
    • WHO WILL FIND THIS REPORT USEFUL?
    • STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    • SOURCES OF DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • TOP-DOWN APPROACH
    • BOTTOM-UP APPROACH
    • DATA TRIANGULATION
  3. EXECUTIVE SUMMARY
    • MARKET SUMMARY
    • KEY FINDINGS
      • AUTOMOTIVE SECTOR IS RAPIDLY IMPLEMENTING THERMOCOUPLE TEMPERATURE SENSORS
      • GOVERNMENT REGULATIONS AND EMISSION CONTROL
      • GROWING IMPORTANCE OF TEMPERATURE SENSORS IN FOOD AND BEVERAGE
  1. MARKET DYNAMICS
    • MARKET DEFINITION & SCOPE
    • MARKET DRIVERS
      • INCREASING SALES AND ADVANCEMENT OF AUTOMOBILES
      • GROWING TECHNOLOGICAL DEVELOPMENTS
      • GROWING IMPORTANCE OF SAFETY & SECURITY
    • MARKET RESTRAINTS
      • SIGNIFICANT USE OF OTHER TEMPERATURE SENSORS
    • MARKET OPPORTUNITIES
      • RISING DEMAND FOR SMARTPHONES AND WEARABLES
      • GROWING AEROSPACE INDUSTRY
    • MARKET CHALLENGES
      • DECREASING PRICES OF THE THERMOCOUPLE TEMPERATURE SENSORS
      • CHALLENGES OF THERMOCOUPLE TEMPERATURE SENSORS
  1. MARKET BY APPLICATION
    • FOOD AND BEVERAGE
    • POWER GENERATION
    • AUTOMOTIVE
    • PETROCHEMICALS AND CHEMICALS
    • OIL AND GAS
    • METALS AND MINING
    • AEROSPACE
    • OTHER APPLICATIONS
  2. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTE
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF COMPETITIVE RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • VALUE CHAIN ANALYSIS
  3. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC (RoAPAC)
  1. COMPETITIVE LANDSCAPE
    • COMPANY PROFILE
      • STMICROELECTRONICS
      • TEXAS INSTRUMENTS
      • NXP SEMICONDUCTORS N.V.
      • KEYENCE CORPORATION
      • MICROCHIP TECHNOLOGY INC.
      • MAXIM INTEGRATED PRODUCTS INC.
      • HONEYWELL INTERNATIONAL INC.
      • DANFOSS A/S
      • BOSCH SENSORTEC
      • TE CONNECTIVITY

LIST OF TABLES

TABLE 1 ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET, BY COUNTRY, 2019-2027, (IN $ MILLION)

TABLE 2 ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET, BY APPLICATION, 2019-2027, (IN $ MILLION)

TABLE 3 OPPORTUNITY MATRIX

TABLE 4 VENDOR LANDSCAPE

TABLE 5 ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1 ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET SHARE, BY APPLICATION 2018 & 2027 (%)

FIGURE 2 ASIA PACIFIC AUTOMOTIVE MARKET, 2019 – 2027 (IN $ MILLION)

FIGURE 3 PORTER’S FIVE FORCE MODEL

FIGURE 4 VALUE CHAIN ANALYSIS

FIGURE 5 ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET, REGIONAL OUTLOOK, 2018 & 2027, (%)

FIGURE 6 INDIA THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 7 CHINA THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 8 JAPAN THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 9 SOUTH KOREA THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 10 AUSTRALIA THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

FIGURE 11 REST OF ASIA PACIFIC THERMOCOUPLE TEMPERATURE SENSOR MARKET, 2019-2027 (IN $ MILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • INDIA
      • CHINA
      • JAPAN
      • SOUTH KOREA
      • AUSTRALIA
      • REST OF ASIA PACIFIC (RoAPAC)
  1. MARKET BY APPLICATION
    • FOOD AND BEVERAGE
    • POWER GENERATION
    • AUTOMOTIVE
    • PETROCHEMICALS AND CHEMICALS
    • OIL AND GAS
    • METALS AND MINING
    • AEROSPACE
    • OTHER APPLICATIONS

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