Asia-Pacific thermocouple temperature sensors market is projected to register a CAGR of 7.8% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Asia-Pacific Thermocouple Temperature Sensors Market, By Type (Base Metal Thermocouple, Noble Metal Thermocouple), Construction Type (Grounded Thermocouple, Exposed Thermocouple, Ungrounded Thermocouple), Temperature Range ((-200C) To 900C, (-200C) To 1250C, 0 To 750C, (-250C) To 350C, 0 To 1500C To 1700C), Application (Automotive, Chemical & Petrochemical, Power Generation, Metals & Mining, Oil & Gas, Food & Beverage, Life Science, Aerospace, Waste & Water Treatment, Others), Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the thermocouple temperature sensors market are:
• Increasing penetration of IoT technology creates need for more sensors which is driving the market growth.
• Rising demand for consumer electronics spurs the growth of market
Market Players
Some of the major players operating in the thermocouple temperature sensors market are:
• Honeywell International Inc
• Maxim Integrated
• Danfoss A/S
• Microchip Technology Inc.
• KEYENCE CORPORATION
• Emerson Electric Co.
• OMEGA Engineering
• WIKA Alexander Wiegand SE & Co. KG
• TE Connectivity