Product ID: SQSG55C2002
Report ID:
SQSG55C2002 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
69 |
Figures:
75
Temperature Sensor Market size was valued at USD 4.76 billion in 2019 and is poised to grow from USD 5 billion in 2023 to USD 12 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).
A temperature sensor is an electronic device that sends out an electrical signal to measure the temperature. Temperature is a word used to describe how hot something is or how much heat it has. These sensors can be used in different systems to measure how much heat is being given off and send an alert to the user. Temperature sensors are used in many different fields, including electronics, automotive, and manufacturing. Different kinds of these sensors are used for different things. For example, an integrated circuit temperature sensor is used in electronics to find out where heat is coming from and start a cooling device. The market should get a boost from the use of temperature sensors in manufacturing and automotive applications, as well as from new technological advances in the petrochemical industry in the coming years. These are some of the factors driving the demand for temperature sensors and will propel the market growth during the analysis period.
US Temperature Sensor Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONTemperature Sensor Market size was valued at USD 4.76 billion in 2019 and is poised to grow from USD 5 billion in 2023 to USD 12 billion by 2031, growing at a CAGR of 5% in the forecast period (2024-2031).
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Product ID: SQSG55C2002