Expanding automobile & industrial manufacturing sector will be the reason behind the Growth of Temperature Sensor Market

 According to the new research report, "Temperature Sensor Market by Product Type (Thermocouples, RTDs, Thermistors, Temperature Sensor ICs, Bimetallic, Infrared, and Fiber Optic Temperature Sensors), Output, End-user Industry, and Region – Global Forecast to 2027" is projected to grow from USD 6.3 billion in 2020 to USD 8.8 billion by 2027, recording a CAGR of 4.8%. The industry growth is driven mainly by increasing penetration of temperature sensors in advanced and portable healthcare equipment, growing demand for temperature sensors in the automotive sector, and rising adoption of home and building automation systems.

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

Non-contact temperature sensor to witness a higher CAGR during the forecast period

The non-contact temperature sensor is projected to record the higher CAGR in the temperature sensor market from 2019 to 2027. Non-contact sensors measure the surface temperature of a body or an object to be identified without any physical contact between the sensor and the object. These temperature sensors are mainly used for small, moving, and inaccessible objects/sources/devices.

Digital output to hold the largest share in the temperature sensor industry during the forecast period

The temperature sensor comprises analog and digital outputs. The digital output segment is projected to hold a larger share in the temperature sensor market during the forecast period. Temperature sensors with digital output have several advantages over sensors with analog output and are especially suited for remote applications. Digital temperature sensors find use in medical, aerospace, test and measurement equipment, and industrial automation.

Food & beverages end-user industry to witness the highest CAGR during the forecast period

The food & beverage end-user industry is projected to record the highest CAGR in the temperature sensor market from 2019 to 2027. Temperature monitoring and control is required for quality assurance during production, storage, and transit. Temperature sensors are particularly used for monitoring temperature according to the stringent rules & regulations for complicated processes in the food end-user industry, such as brewing, bottling, fermentation, storage, emulsification, piping, canning, and pasteurization.

Absolute humidity sensor to hold the larger share in the humidity sensor industry during the forecast period

The humidity sensor comprises an absolute humidity sensor and a relative humidity sensor. The absolute humidity sensor segment is projected to hold a larger share in the humidity sensor market during the forecast period. Absolute humidity sensors, supported by two NTC thermistor elements, measure the absolute humidity by measuring the difference in thermal conductivity of dry air and the air containing water vapor. These humidity sensors are used for measuring humidity in HVACs, fax machines, printers, automotive, weather stations, refrigerators, and food processing units.

Expanding automobile & industrial manufacturing sector to drive the demand for temperature sensors in APAC during the forecast period

The temperature sensor market in APAC is projected to grow at the highest CAGR during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the temperature sensor industry in APAC.

Expanding automobile and industrial manufacturing, in particular, is generating massive demand for temperature sensors. Also, robust demand for consumer equipment, including portable healthcare electronics and white goods, is expected to foster the demand for temperature sensors. Furthermore, the increasing adoption of automated technologies across diverse industries, especially in automotive and food & beverages, is likely to generate demand for temperature sensors in APAC. Other factors driving the temperature sensor market in APAC include escalating demand for temperature sensors from the overseas markets of North America and Europe.

Key players operating in the temperature sensor market include Honeywell (US), TE Connectivity (Switzerland), Texas Instruments (US), Endress+Hauser (Switzerland), Siemens (Germany), Texas Instruments (US), Dwyer Instruments (US), Maxim Integrated (US), WIKA Instrument (Germany), Amphenol (US), and Emerson (US). The majority of the companies focus on organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, agreements, contracts, partnerships, collaborations, and expansions to increase their revenue.

Don’t miss out on business opportunities in Temperature Sensor Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Temperature Sensor Market | Expanding automobile & industrial manufacturing sector to drive the demand

The global temperature sensor market size is projected to grow from USD 6.3 billion in 2020 to USD 8.8 billion by 2027, recording a CAGR of 4.8%. The temperature sensor industry growth is driven mainly by increasing penetration of temperature sensors in advanced and portable healthcare equipment, growing demand for temperature sensors in the automotive sector, and rising adoption of home and building automation systems.

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

Expanding automobile & industrial manufacturing sector to drive the demand for temperature sensors in APAC during the forecast period

The temperature sensor market in APAC is projected to grow at the highest CAGR during the forecast period. China, India, South Korea, and Japan are the major contributors to the growth of the temperature sensor industry in APAC.

Expanding automobile and industrial manufacturing, in particular, is generating massive demand for temperature sensors. Also, robust demand for consumer equipment, including portable healthcare electronics and white goods, is expected to foster the demand for temperature sensors. Furthermore, the increasing adoption of automated technologies across diverse industries, especially in automotive and food & beverages, is likely to generate demand for temperature sensors in APAC. Other factors driving the temperature sensor market in APAC include escalating demand for temperature sensors from the overseas markets of North America and Europe.

Key players operating in the temperature sensor market include Honeywell (US), TE Connectivity (Switzerland), Texas Instruments (US), Endress+Hauser (Switzerland), Siemens (Germany), Texas Instruments (US), Dwyer Instruments (US), Maxim Integrated (US), WIKA Instrument (Germany), Amphenol (US), and Emerson (US). The majority of the companies focus on organic and inorganic growth strategies such as product launches and developments, mergers and acquisitions, agreements, contracts, partnerships, collaborations, and expansions to increase their revenue.

Non-contact temperature sensor to witness a higher CAGR during the forecast period

The non-contact temperature sensor is projected to record the higher CAGR in the temperature sensor market from 2019 to 2027. Non-contact sensors measure the surface temperature of a body or an object to be identified without any physical contact between the sensor and the object. These temperature sensors are mainly used for small, moving, and inaccessible objects/sources/devices.

Digital output to hold the largest share in the temperature sensor industry during the forecast period

The temperature sensor comprises analog and digital outputs. The digital output segment is projected to hold a larger share in the temperature sensor market during the forecast period. Temperature sensors with digital output have several advantages over sensors with analog output and are especially suited for remote applications. Digital temperature sensors find use in medical, aerospace, test and measurement equipment, and industrial automation.

Get in-depth analysis of the COVID-19 impact on the Temperature Sensor Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Temperature Sensor Market
Request for Special Pricing@
https://www.marketsandmarkets.com/RequestCOVID19.asp?id=522

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Solid State Battery Market estimated to be worth $483 million by 2027

According to the new market research report "Solid State Battery Market by Type (Single-cell and Multi-cell Battery), Rechargeability, Capacity, Application (Consumer Electronics, Electric Vehicles, Energy Harvesting, Medical Devices, Packaging, Wireless Sensors), Region - Global Forecast to 2027", The global solid state battery market size is estimated to grow from USD 62 million in 2020 to USD 483 million by 2027; it is expected to grow at a CAGR of 34.2% during the forecast period.

Factors such as the rising requirement of solid state batteries in electric vehicles, the increasing trend toward the miniaturization of consumer electronics, and growing R&D activities by major companies are driving the growth of the solid state battery market.

Download PDF Brochure:-

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164577856

“Single-cell batteries to hold larger market share in global solid state battery market”

The Single-cell battery segment is expected to lead the solid state battery market during the forecast period. Single-cell batteries—also known as thin-film batteries—have been existing for more than a decade. Single-cell batteries are preferred for use in miniature devices. Manufacturers designing portable products with limited internal space prefer to use micro batteries over conventional batteries to overcome safety concerns and to increase battery life. Thin-film batteries are widely used in applications such as smart packaging, smart cards, wearable devices, and medical devices. The trend of the miniaturization of electronic devices has increased the demand for thin-film solid state batteries, thus propelling the growth of the single-cell battery market significantly.

“Medical devices application to account for largest market size in 2020”

The solid state battery market for medical devices is expected to hold the largest size in 2020. Currently, solid state batteries have been commercialized significantly in the medical devices industry, as several manufacturers are designing and offering solid state batteries to power medical devices, such as temperature sensors, pacemakers, and smart patches. Technological advancements and the penetration of IoT in the medical field have generated opportunities for new battery-powered medical devices. Implantable medical devices, such as neural stimulators, pacemakers, and defibrillators, require batteries that can deliver a steady, reliable power source for a long duration; solid state batteries meet such requirements owing to their reliability and performance.

“Market in APAC to grow at highest CAGR during 2020-2027”

The market in APAC is expected to grow at the highest CAGR during the forecast period owing to the technological advancements in wearable devices and consumer electronics sectors in this region. The major wearable devices and consumer electronics manufacturers based in APAC, such as Samsung (South Korea), LG Electronics (South Korea), and Panasonic (Japan), are developing the next-generation flexible devices. These devices require power sources that are not only small but also have high-power density to complement the product design; these requirements are fulfilled by thin-film batteries.

Cymbet (US), Robert Bosch (Germany), Toyota Motor (Japan), Solid Power (US), Excellatron Solid State (US), and BrightVolt (US) are a few of the major companies operating in the solid state battery market.

Don’t miss out on business opportunities in Solid State Battery Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Ashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA : 1-888-600-6441

Silicon Anode Battery Market by Type, Capacity, Application & Geography - Global forecast to 2022

The global silicon anode battery market was valued at USD 96.5 Million in 2015 and is expected to grow at a CAGR of 43.4% between 2016 and 2022. The base year used for this study is 2015 and the forecast period is 2016 to 2022. 

• Download PDF Brochure:-
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=38224258

 

The market report covers the market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. The increasing need for advanced battery technology that overcomes the drawbacks of conventional batteries in electric vehicle applications is one of the major drivers for the growth of the silicon anode battery market. Besides this, silicon anode batteries have the capability to power devices that are compact, have limited internal space, and enable efficient working.

The scope of this report covers the silicon anode battery market on the basis of capacity, type, application, and geography. In terms of capacity, 1,500 to 2,500 mAh was the largest segment of the market in 2015. Silicon anode batteries are majorly used in consumer electronics, such as smartphones, mobiles & tablets, laptops and wearable devices among others. These batteries are expected to help meet the future requirements of energy storage, long cycle life, safety, and reliability. There has been an increased demand for silicon anode battery from automotive manufacturers for use in plug-in electric vehicle to increase their all-electric range with the same volume of batteries or use fewer batteries to achieve the same range.

Based on type, prismatic is expected to be the largest segment of the silicon anode battery market in 2016. Modern prismatic cells make optimal use of space by using the layered approach as compared to traditional cell. Prismatic cells improve space utilization and allow flexible design; however, these cells have a shorter cycle life, can be expensive to manufacture, and less efficient in thermal management as compared to cylindrical cells.

Based on geography, North America accounted for the largest share of the silicon anode battery market in 2015. The market in Asia-Pacific is expected to grow at the highest CAGR, owing to substantial investments by various companies to set up their silicon anode battery-manufacturing facilities in several countries across in the region.

Factors such as large volume change of silicon and breakdown of solid electrolyte interphase (SEI) when nanostructure shrinks during delithiation process are expected to restrain the growth of the market in the coming years. When building a charge, silicon anode materials swell to store lithium ions. The swelling that accompanies lithium absorption is a major challenge when designing high capacity silicon anode lithium-ion battery.

Panasonic Corporation (Japan) is considered as one of the important players in the development of silicon anode battery market. The company is focusing on the development of new products such as a rechargeable silicon anode battery for wearable devices. Moreover, the company has entered into some strategic collaborations and partnerships to strengthen its market share. For instance, the company collaborated with Tesla (U.S.) for the construction of a large-scale battery manufacturing plant in the U.S., known as the Gigafactory.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441

Data Recorder Market (Analysis) Worth $1,799.50 Million by 2020

The data recorder market for aerospace and marine is estimated to be at $1,380.40 Million in 2014. The market is expected to register a CAGR of 4.52% to reach $1,799.50 Million by 2020.
Download PDF Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=16771979
Browse 74 market data tables, 64 figures spread through 138 pages and in-depth TOC on “Data Recorder Market - Forecasts & Analysis to 2014 - 2020”
http://www.marketsandmarkets.com/Market-Reports/cockpit-Voice-flight-data-recorder-market-16771979.html
Technologies are reaching maturity, development tools are up and running, and everybody has focused their energies on common goal. The next step is to integrate this innovative approach to gather the data from the single unit.
The report carries in-depth analysis of the data recorder market. It provides information on the various types of technology used in aerospace and marine. The analysis has been carried out with respect to geography, technology, and the current market scenario.
It throws light on current market trends, the drivers and restraints, the challenges faced, and the opportunities that will impact growth in this market.
The report also delivers information about the technology roadmap that underlines the trends for the data recorder market, and also highlights the technologies that is expected to dominate the market in the future.
Asia-Pacific (APAC) is expected to restore its technology platform in the future, to meet the changing demands of the stakeholders in this industry. The APAC region is projected to grow significantly during the forecast period.
Despite the economic downturn in the North American and European region, there is expected to be a demand for these systems, owing to the technology advancements and strong R&D initiatives by major players in this region. The APAC countries are slated to focus on growth and direct their region’s economies on a higher path for the long run.
The report contains a competitive landscape for data recorder systems market and gives the market share of companies based on the usage of data recorder technology in aircraft industry.
The regions taken into consideration are Europe, North America, Latin America, the Middle East, and Asia Pacific.
Market covered
The data recorder market is categorized on the basis of types, geography, and country.

About MarketsandMarkets
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com