DUBLIN–(BUSINESS WIRE)–The “Temperature Sensor Market Research Report by Product Type, Connectivity, Technology, Output, End-user Industry, Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.
The Global Temperature Sensor Market size was estimated at USD 6,970.51 million in 2021, USD 7,547.67 million in 2022, and is projected to grow at a CAGR 8.53% to reach USD 11,394.16 million by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Temperature Sensor Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Temperature Sensor Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Temperature Sensor Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Temperature Sensor Market?
4. What is the competitive strategic window for opportunities in the Global Temperature Sensor Market?
5. What are the technology trends and regulatory frameworks in the Global Temperature Sensor Market?
6. What is the market share of the leading vendors in the Global Temperature Sensor Market?
7. What modes and strategic moves are considered suitable for entering the Global Temperature Sensor Market?
Market Dynamics
Drivers
Increasing Penetration of Temperature Sensors in Advanced & Portable Healthcare Equipment
Adoption of Wireless Temperature Sensors Across Various Industries
Rising Demand for Wearables in Consumer Electronics
Restraints
High Initial Cost Involved in Advanced Sensors
Opportunities
Expanding Use of Temperature Sensors in the Automotive End-User Industry
Growing Popularity of Smart Meters in the Power Generation Sector
Escalating Need for Advanced Electronic Products for Smart Homes
Challenges
Stringent Government Regulations Mandating the Use of Temperature Sensors
Companies Mentioned
ABB Ltd
Denso Corporation
Endress+Hauser Management AG
Fluke Process Instruments GmbH
Gunther GmbH Temperaturmesstechnik
Hans Turck GmbH & Company KG
Infineon Technologies AG
Kongsberg Gruppen ASA
Melexis NV
Murata Manufacturing Co., Ltd.
NXP Semiconductors N.V.
Omron Corporation
Panasonic Corporation
Robert Bosch GmbH
Siemens AG
STMicroelectronics NV
TE Connectivity Ltd.
Waters Corp.
WIKA Instrument Corporation
Yokogawa Electric Corporation
For more information about this report visit https://www.researchandmarkets.com/r/wib0go