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PR Newswire
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Temperature Sensor Market worth $8.94 billion by 2030 - Exclusive Report by MarketsandMarkets

DELRAY BEACH, Fla., June 18, 2025 /PRNewswire/ -- The global temperature sensor market is projected to grow from USD 7.43 billion in 2025 to USD 8.94 billion by 2030, at a CAGR of 3.8% according to a new report by MarketsandMarkets. A temperature sensor is a measurement device used to monitor and control temperatures in machines and equipment used in industries, such as chemicals, oil & gas, consumer electronics, energy & power, automotive, healthcare, food & beverages, metals & mining, aerospace & defense, glass, and pulp & paper. The continuous demand for temperature sensors, which are integrated into devices, including wearable bands, smartphones, and patient monitoring devices, from industries such as consumer electronics and healthcare, is driving the temperature sensor market.

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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=522

Browse in-depth TOC on "Temperature Sensor Market" 158 - Tables
90 - Figures
260 - Pages

Temperature Sensor Market Report Scope:

Report Coverage

Details

Market Revenue in 2025

$ 7.43 billion

Estimated Value by 2030

$ 8.94 billion

Growth Rate

Poised to grow at a CAGR of 3.8%

Market Size Available for

2021-2030

Forecast Period

2025-2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Connectivity, Output, Product, End-use Industry, and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Stringent performance requirements for advanced applications

Key Market Opportunities

Mounting investment in IoT research projects

Key Market Drivers

Increasing need for sensors to control spacecraft remotely


Non-contact type to witness highest CAGR during forecast period.

These sensors measure the surface temperature of a body or object to be identified without any physical contact between the sensor and the measurement object. They are mainly used for small, moving, and inaccessible objects/sources/devices. Non-contact temperature sensors include infrared and fiber optic temperature sensors. Non-contact sensors are quicker than contact sensors and are used in various industrial applications. These sensors are often used when contact with the object is impossible, such as in hazardous environments. Some prominent companies offering non-contact temperature sensors are OMEGA Engineering Inc. (US) and TE Connectivity (Switzerland).

In terms of output, the digital segment is likely to record the highest CAGR from 2025 to 2030.

Digital temperature sensors are used in medical and aerospace verticals, test & measurement equipment, and industrial automation applications. Digital temperature sensors offer additional advantages regarding range-bound alert signaling, and the setpoints can be stored in non-volatile memory. Temperature sensors with digital output have several advantages over sensors with analog output and are mostly suited for remote applications. Digital temperature sensors find applications in medical and aerospace industries, test and measurement equipment, and industrial automation. Some prominent companies offering digital temperature sensors are TE Connectivity (Switzerland), Texas Instruments Incorporated (US), NXP Semiconductors (Netherlands), and STMicroelectronics (Switzerland). Digital temperature sensors can be categorized into single-channel and multi-channel temperature sensors.

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Asia Pacific to hold the largest share of the temperature sensor market in 2030.

The presence of strong manufacturing bases, such as China, Japan, and South Korea, spurs the temperature sensor industry in the Asia Pacific region. The thriving electrical and electronics industry in Asia Pacific also supports the growth of the temperature sensor market. Several electronic manufacturing companies outsource their production to countries in Asia to capitalize on the low-cost advantage provided by such countries. This is more distinct in segments with higher demand for labor-intensive work (passive electronic components and semiconductor assembly and testing operations) than those with relatively less labor-intensive work (semiconductor fabrication). Leading temperature sensor manufacturing companies, such as Yokogawa Electric Corporation (Japan) and Panasonic Corporation (Japan), are also based in the region.

Key Players

Key companies operating in the temperature sensor companies include Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), Siemens (Germany), Emerson Electric Co. (US), Analog Devices, Inc. (US), Amphenol Corporation (US), WIKA Alexander Wiegand SE & Co. KG (Germany), and Microchip Technology Inc. (US).

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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports:

Industrial Sensors Market Size, Share & Industry Trends Growth Analysis Report by Sensor Type (Level Sensor, Temperature Sensor, Gas Sensor, Pressure Sensor, Position Sensor, and Humidity & Moisture Sensor), Type (Contact & non-contact sensors), End-User Industry and Region - Global Forecast to 2029

Level Sensor Market by Type (Magnetostrictive, Vibratory Probe, Hydrostatic, Magnetic & Mechanical Float, Pneumatic, Guided Wave, Ultrasonic, Microwave, Optical, Capacitance Level Sensors), Sensor Type (Contact, Non-contact) - Global Forecast to 2029

About MarketsandMarkets

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MarketsandMarkets is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

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© 2025 PR Newswire
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