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Global RTD Temperature Sensors Market (2018-2023) Analysis by Type of Measurement, End-user Industry and Region - ResearchAndMarkets.com

17 December 2018

DUBLIN--(BUSINESS WIRE)-- The "Global RTD Temperature Sensors Market - Segmented by Type of Measurement, End-user Industry, and Region - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global RTD temperature sensors market USD 1.11 billion in 2017, and is expected to reach a value of USD 1.54 billion by 2023 at a CAGR of 5.64%, during the forecast period of (2018-2023).

Increasing Demand for Temperature Sensors in Consumer Electronics

Owing to their high performance, RTDs are the primary sensors of choice for sophisticated HVAC applications. Highly efficient environmental building control systems require precision temperature measurements at numerous points within a project. Applications include monitoring and controlling room and air duct temperature, outside ambient temperature, condenser temperature, coolant line temperature, etc. Known for their precision, RTD has found a wide range of applications in the consumer electronics industry and the demand for them is expected to grow during the forecast period.

Key Highlights

  • Automotive Sector Has the Highest Market Share
  • North American Region Has Significant Market Share

Notable Developments in the Market

  • Emerson announced the sale of its Leroy-Somer and Control Techniques businesses to Nidec Corporation, which strengthens the company's capacity for investment.

Companies Featured

  • Texas Instruments Incorporated
  • Panasonic Corporation
  • Siemens AG
  • Honeywell International Inc.
  • ABB Ltd.
  • Analog Devices Inc.
  • General Electric
  • Kongsberg Gruppen
  • Emerson Electric Company
  • STMicroelectronics
  • Microchip Technology Incorporated
  • NXP Semiconductors N.V.
  • Maxim Integrated Products

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Technology Snapshot

6. Global RTD Temperature Sensors Market - by Type of Measurement

7. Global RTD Temperature Sensors Market Breakdown by End-user Industry

8. Global RTD Temperature Sensors Market Breakdown by geography

9. Global RTD Temperature Sensors Market - Company Profiles

10. Investment Analysis

11. Future Outlook of the RTD Temperature Sensors Market

For more information about this report visit https://www.researchandmarkets.com/research/dz5vlh/global_rtd?w=4