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The temperature sensors market is expected to grow from USD 5.13 Billion in 2016 to USD 6.79 Billion by 2022, at a CAGR of 4.8% between 2016 and 2022
This report aims to estimate the market size and future growth potential of the temperature sensors market across different segments such as product type, end users, and geography. Factors such as high demand for temperature sensors among industrial end users, growing concern toward security and surveillance, robust demand for consumer electronics products, developing automotive industry in emerging markets, and government initiatives for environment & safety norms are expected to boost the growth of the market during the forecast period. The introduction of MEMS technology in temperature sensing is one the major growth opportunities for the market.
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