NORTH AMERICA THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

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NORTH AMERICA THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

The North America region was the third highest contributor to the global thermocouple temperature sensor market, generating $XX million in 2018, and is projected to reach $XX million by 2027, registering a CAGR of 4.19% over the forecasting years of 2019-2027. The countries considered for this particular market study for the North America region have been the U.S. and Canada.

NORTH AMERICA THERMOCOUPLE TEMPERATURE SENSOR MARKET FORECAST 2019-2027

North America 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 North America region was the third highest contributor to the global thermocouple temperature sensor market, generating $XX million in 2018, and is projected to reach $XX million by 2027, registering a CAGR of 4.19% over the forecasting years of 2019-2027. The countries considered for this particular market study for the North America region have been the U.S. and Canada.

The building & construction of the smart homes, the expanding automotive industry, and the amplifying demand from the consumer electronics category will create a high demand for temperature sensors in the said region. North America is the largest market for smart homes, where temperature sensors are used to track and monitor indoor and outdoor weather.

The increasing sales and advancement of automobiles, the amplifying technological developments and the budding importance of safety & security have been propelling the growth of the market for thermocouple temperature sensors. The aerospace industry is undergoing gradual expansion in the next few years mainly due to the focused attention on innovation and digital transformation. This step is expected to boost the demand for thermocouple temperature sensors due to their extensive use in aircrafts.

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

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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
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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 NORTH AMERICA THERMOCOUPLE TEMPERATURE SENSOR MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

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

TABLE 3 OPPORTUNITY MATRIX

TABLE 4 VENDOR LANDSCAPE

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

LIST OF FIGURES

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

FIGURE 2 NORTH AMERICA AUTOMOTIVE MARKET, 2019-2027 (IN $ MILLION)

FIGURE 3 PORTER’S FIVE FORCE MODEL

FIGURE 4 VALUE CHAIN ANALYSIS

FIGURE 5 NORTH AMERICA THERMOCOUPLE TEMPERATURE SENSOR MARKET, REGIONAL OUTLOOK, 2018 & 2027, (%)

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

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

  1. GEOGRAPHICAL ANALYSIS
    • NORTH AMERICA
      • UNITED STATES
      • CANADA
  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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