Business Opportunities And Investment Strategies For Global Temperature Sensor Market 2023-2033

Business Opportunities and Investment Strategies for Global Temperature Sensor Market

Report ID 1015

Pages 189

Published Date 07/31/2024

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Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global temperature sensor market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the temperature sensor industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global temperature sensor industry.

Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global temperature sensor market is expected to reach $12.09 billion by 2033, growing by 5.2% annually over the coming years.

Segmentation Analysis
Highlighted with 89 tables and 101 figures, this 189-page report represents a 360-degree view on the global market with extensively detailed segmentations Product, Output, Connectivity, Industry Vertical, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Product
• Contact Sensors
o Bimetallic Temperature Sensors
o Thermocouples
o Resistive Temperature Detectors
o Thermistors
o Temperature Sensor ICs
• Non-Contact Sensors
o Infrared Temperature Sensors
o Fiber-Optic Temperature Sensors

By Output
• Analog Sensors
• Digital Sensors
o Single-Channel Digital Temperature Sensors
o Multi-Channel Digital Temperature Sensors

By Connectivity
• Wireless Sensors
• Wired Sensors

By Industry Vertical
• Chemicals
• Oil & Gas
• Consumer Electronics
• Energy & Power
• Healthcare & Medical Devices
• Automotive
• Metals & Mining
• Food & Beverages
• Pulp & Paper
• Aerospace & Defense
• Other Industry Verticals

By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, Iran, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Product, Connectivity, and Industry Vertical over the forecast years are also included.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Amphenol Corporation
• Analog Devices Inc.
• Denso Corporation
• Emerson Electric Company
• Endress Hauser Group Services AG
• Fluke Corporation
• Honeywell International Inc.
• Kongsberg Gruppen ASA
• Microchip Technology Incorporated
• Murata Manufacturing Co., Ltd.
• NXP Semiconductors N.V.
• Omega Engineering Inc.
• Panasonic Corporation
• Siemens AG
• STMicroelectronics N.V.
• TE Connectivity Ltd.
• Texas Instruments Incorporated

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict 28
2.1.4 Impact of Israel-Palestine War 30
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 42
3 Segmentation of Global Market by Product 46
3.1 Market Overview by Product 46
3.2 Contact Sensors 49
3.2.1 Bimetallic Temperature Sensors 51
3.2.2 Thermocouples 52
3.2.3 Resistive Temperature Detectors 53
3.2.4 Thermistors 54
3.2.5 Temperature Sensor ICs 55
3.3 Non-Contact Sensors 56
3.3.1 Infrared Temperature Sensors 57
3.3.2 Fiber-Optic Temperature Sensors 58
4 Segmentation of Global Market by Output 59
4.1 Market Overview by Output 59
4.2 Analog Sensors 62
4.3 Digital Sensors 63
4.3.1 Single-Channel Digital Temperature Sensors 64
4.3.2 Multi-Channel Digital Temperature Sensors 65
5 Segmentation of Global Market by Connectivity 66
5.1 Market Overview by Connectivity 66
5.2 Wireless Sensors 69
5.3 Wired Sensors 70
6 Segmentation of Global Market by Industry Vertical 71
6.1 Market Overview by Industry Vertical 71
6.2 Chemicals 74
6.3 Oil & Gas 75
6.4 Consumer Electronics 76
6.5 Energy & Power 77
6.6 Healthcare & Medical Devices 78
6.7 Automotive 79
6.8 Metals & Mining 80
6.9 Food & Beverages 81
6.10 Pulp & Paper 82
6.11 Aerospace & Defense 83
6.12 Other Industry Verticals 84
7 Segmentation of Global Market by Region 85
7.1 Geographic Market Overview 2023-2033 85
7.2 North America Market 2023-2033 by Country 90
7.2.1 Overview of North America Market 90
7.2.2 U.S. 94
7.2.3 Canada 97
7.2.4 Mexico 99
7.3 European Market 2023-2033 by Country 101
7.3.1 Overview of European Market 101
7.3.2 Germany 105
7.3.3 U.K. 107
7.3.4 France 109
7.3.5 Spain 111
7.3.6 Italy 113
7.3.7 Russia 115
7.3.8 Rest of European Market 117
7.4 Asia-Pacific Market 2023-2033 by Country 119
7.4.1 Overview of Asia-Pacific Market 119
7.4.2 Japan 123
7.4.3 China 126
7.4.4 Australia 128
7.4.5 India 130
7.4.6 South Korea 132
7.4.7 Rest of APAC Region 134
7.5 South America Market 2023-2033 by Country 136
7.5.1 Argentina 140
7.5.2 Brazil 142
7.5.3 Chile 144
7.5.4 Rest of South America Market 146
7.6 MEA Market 2023-2033 by Country 147
7.6.1 UAE 151
7.6.2 Saudi Arabia 153
7.6.3 Iran 155
7.6.4 Other National Markets 157
8 Competitive Landscape 158
8.1 Overview of Key Vendors 158
8.2 New Product Launch, Partnership, Investment, and M&A 161
8.3 Company Profiles 162
Amphenol Corporation 162
Analog Devices Inc. 164
Denso Corporation 165
Emerson Electric Company 166
Endress Hauser Group Services AG 167
Fluke Corporation 168
Honeywell International Inc. 169
Kongsberg Gruppen ASA 170
Microchip Technology Incorporated 171
Murata Manufacturing Co., Ltd. 172
NXP Semiconductors N.V. 173
Omega Engineering Inc. 174
Panasonic Corporation 175
Siemens AG 176
STMicroelectronics N.V. 177
TE Connectivity Ltd. 178
Texas Instruments Incorporated 179
9 Investing in Temperature Sensor Industry: Risk Assessment and Management 180
9.1 Risk Evaluation of Global Market 180
9.2 Critical Success Factors (CSFs) 186
RELATED REPORTS 189

List of Tables

List of Tables:

Table 1. Snapshot of Global Temperature Sensor Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 23
Table 3. World Economic Outlook, 2022-2024 25
Table 4. Scenarios for Economic Impact of Ukraine Crisis 29
Table 5. Scenarios for Economic Impact of Israel-Palestine War 30
Table 6. Main Product Trends and Market Opportunities in Global Temperature Sensor Market 39
Table 7. Global Temperature Sensor Market by Product, 2023-2033, $ mn 47
Table 8. Global Temperature Sensor Market: Contact Sensors by Type, 2023-2033, $ mn 50
Table 9. Global Temperature Sensor Market: Non-Contact Sensors by Type, 2023-2033, $ mn 56
Table 10. Global Temperature Sensor Market by Output, 2023-2033, $ mn 60
Table 11. Global Temperature Sensor Market: Digital Sensors by Type, 2023-2033, $ mn 63
Table 12. Global Temperature Sensor Market by Connectivity, 2023-2033, $ mn 67
Table 13. Global Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 72
Table 14. Global Temperature Sensor Market by Region, 2023-2033, $ mn 87
Table 15. Leading National Temperature Sensor Market, 2023 and 2033, $ mn 89
Table 16. North America Temperature Sensor Market by Country, 2023-2033, $ mn 92
Table 17. U.S. Temperature Sensor Market by Product, 2023-2033, $ mn 96
Table 18. U.S. Temperature Sensor Market by Connectivity, 2023-2033, $ mn 96
Table 19. U.S. Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 96
Table 20. Canada Temperature Sensor Market by Product, 2023-2033, $ mn 98
Table 21. Canada Temperature Sensor Market by Connectivity, 2023-2033, $ mn 98
Table 22. Canada Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 98
Table 23. Mexico Temperature Sensor Market by Product, 2023-2033, $ mn 100
Table 24. Mexico Temperature Sensor Market by Connectivity, 2023-2033, $ mn 100
Table 25. Mexico Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 100
Table 26. Europe Temperature Sensor Market by Country, 2023-2033, $ mn 103
Table 27. Germany Temperature Sensor Market by Product, 2023-2033, $ mn 106
Table 28. Germany Temperature Sensor Market by Connectivity, 2023-2033, $ mn 106
Table 29. Germany Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 106
Table 30. U.K. Temperature Sensor Market by Product, 2023-2033, $ mn 108
Table 31. U.K. Temperature Sensor Market by Connectivity, 2023-2033, $ mn 108
Table 32. U.K. Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 108
Table 33. France Temperature Sensor Market by Product, 2023-2033, $ mn 110
Table 34. France Temperature Sensor Market by Connectivity, 2023-2033, $ mn 110
Table 35. France Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 110
Table 36. Spain Temperature Sensor Market by Product, 2023-2033, $ mn 112
Table 37. Spain Temperature Sensor Market by Connectivity, 2023-2033, $ mn 112
Table 38. Spain Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 112
Table 39. Italy Temperature Sensor Market by Product, 2023-2033, $ mn 114
Table 40. Italy Temperature Sensor Market by Connectivity, 2023-2033, $ mn 114
Table 41. Italy Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 114
Table 42. Russia Temperature Sensor Market by Product, 2023-2033, $ mn 116
Table 43. Russia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 116
Table 44. Russia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 116
Table 45. Temperature Sensor Market in Rest of Europe by Country, 2023-2033, $ mn 118
Table 46. APAC Temperature Sensor Market by Country, 2023-2033, $ mn 121
Table 47. Japan Temperature Sensor Market by Product, 2023-2033, $ mn 125
Table 48. Japan Temperature Sensor Market by Connectivity, 2023-2033, $ mn 125
Table 49. Japan Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 125
Table 50. China Temperature Sensor Market by Product, 2023-2033, $ mn 127
Table 51. China Temperature Sensor Market by Connectivity, 2023-2033, $ mn 127
Table 52. China Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 127
Table 53. Australia Temperature Sensor Market by Product, 2023-2033, $ mn 129
Table 54. Australia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 129
Table 55. Australia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 129
Table 56. India Temperature Sensor Market by Product, 2023-2033, $ mn 131
Table 57. India Temperature Sensor Market by Connectivity, 2023-2033, $ mn 131
Table 58. India Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 131
Table 59. South Korea Temperature Sensor Market by Product, 2023-2033, $ mn 133
Table 60. South Korea Temperature Sensor Market by Connectivity, 2023-2033, $ mn 133
Table 61. South Korea Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 133
Table 62. Temperature Sensor Market in Rest of APAC by Country/Region, 2023-2033, $ mn 135
Table 63. South America Temperature Sensor Market by Country, 2023-2033, $ mn 138
Table 64. Argentina Temperature Sensor Market by Product, 2023-2033, $ mn 141
Table 65. Argentina Temperature Sensor Market by Connectivity, 2023-2033, $ mn 141
Table 66. Argentina Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 141
Table 67. Brazil Temperature Sensor Market by Product, 2023-2033, $ mn 143
Table 68. Brazil Temperature Sensor Market by Connectivity, 2023-2033, $ mn 143
Table 69. Brazil Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 143
Table 70. Chile Temperature Sensor Market by Product, 2023-2033, $ mn 145
Table 71. Chile Temperature Sensor Market by Connectivity, 2023-2033, $ mn 145
Table 72. Chile Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 145
Table 73. MEA Temperature Sensor Market by Country, 2023-2033, $ mn 149
Table 74. UAE Temperature Sensor Market by Product, 2023-2033, $ mn 152
Table 75. UAE Temperature Sensor Market by Connectivity, 2023-2033, $ mn 152
Table 76. UAE Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 152
Table 77. Saudi Arabia Temperature Sensor Market by Product, 2023-2033, $ mn 154
Table 78. Saudi Arabia Temperature Sensor Market by Connectivity, 2023-2033, $ mn 154
Table 79. Saudi Arabia Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 154
Table 80. Iran Temperature Sensor Market by Product, 2023-2033, $ mn 156
Table 81. Iran Temperature Sensor Market by Connectivity, 2023-2033, $ mn 156
Table 82. Iran Temperature Sensor Market by Industry Vertical, 2023-2033, $ mn 156
Table 83. Amphenol Corporation: Company Snapshot 162
Table 84. Amphenol Corporation: Business Segmentation 163
Table 85. Amphenol Corporation: Product Portfolio 163
Table 86. List of Risk Factors and Weight Percentages/Theoretical Maximum 181
Table 87. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 182
Table 88. Risk Evaluation for Investing in Global Market, 2023-2033 183
Table 89. Critical Success Factors and Key Takeaways 187

List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 18
Figure 4. Global Temperature Sensor Market, 2023-2033, $ mn 21
Figure 5. Impact of COVID-19 on Business 26
Figure 6. Primary Drivers and Impact Factors of Global Temperature Sensor Market 31
Figure 7. World Industry 4.0 Market, 2019-2030, $ bn 34
Figure 8. World Industrial IoT Market, 2019-2030, $ mn 34
Figure 9. World Smart Wearable Devices Market, 2019-2030, $ mn 35
Figure 10. Primary Restraints and Impact Factors of Global Temperature Sensor Market 36
Figure 11. Porter’s Fiver Forces Analysis of Global Temperature Sensor Market 42
Figure 12. Growth Opportunity Analysis by Product 46
Figure 13. Breakdown of Global Temperature Sensor Market by Product, 2023-2033, % of Revenue 47
Figure 14. Global Addressable Market Cap in 2024-2033 by Product, Value ($ mn) and Share (%) 48
Figure 15. Global Temperature Sensor Market by Product: Contact Sensors, 2023-2033, $ mn 49
Figure 16. Global Temperature Sensor Market by Contact Sensors: Bimetallic Temperature Sensors, 2023-2033, $ mn 51
Figure 17. Global Temperature Sensor Market by Contact Sensors: Thermocouples, 2023-2033, $ mn 52
Figure 18. Global Temperature Sensor Market by Contact Sensors: Resistive Temperature Detectors, 2023-2033, $ mn 53
Figure 19. Global Temperature Sensor Market by Contact Sensors: Thermistors, 2023-2033, $ mn 54
Figure 20. Global Temperature Sensor Market by Contact Sensors: Temperature Sensor ICs, 2023-2033, $ mn 55
Figure 21. Global Temperature Sensor Market by Product: Non-Contact Sensors, 2023-2033, $ mn 56
Figure 22. Global Temperature Sensor Market by Non-Contact Sensors: Infrared Temperature Sensors, 2023-2033, $ mn 57
Figure 23. Global Temperature Sensor Market by Non-Contact Sensors: Fiber-Optic Temperature Sensors, 2023-2033, $ mn 58
Figure 24. Growth Opportunity Analysis by Output 59
Figure 25. Breakdown of Global Temperature Sensor Market by Output, 2023-2033, % of Sales Revenue 60
Figure 26. Global Addressable Market Cap in 2024-2033 by Output, Value ($ mn) and Share (%) 61
Figure 27. Global Temperature Sensor Market by Output: Analog Sensors, 2023-2033, $ mn 62
Figure 28. Global Temperature Sensor Market by Output: Digital Sensors, 2023-2033, $ mn 63
Figure 29. Global Temperature Sensor Market by Digital Sensors: Single-Channel Digital Temperature Sensors, 2023-2033, $ mn 64
Figure 30. Global Temperature Sensor Market by Digital Sensors: Multi-Channel Digital Temperature Sensors, 2023-2033, $ mn 65
Figure 31. Growth Opportunity Analysis by Connectivity 66
Figure 32. Breakdown of Global Temperature Sensor Market by Connectivity, 2023-2033, % of Sales Revenue 67
Figure 33. Global Addressable Market Cap in 2024-2033 by Connectivity, Value ($ mn) and Share (%) 68
Figure 34. Global Temperature Sensor Market by Connectivity: Wireless Sensors, 2023-2033, $ mn 69
Figure 35. Global Temperature Sensor Market by Connectivity: Wired Sensors, 2023-2033, $ mn 70
Figure 36. Growth Opportunity Analysis by Industry Vertical 71
Figure 37. Breakdown of Global Temperature Sensor Market by Industry Vertical, 2023-2033, % of Revenue 72
Figure 38. Global Addressable Market Cap in 2024-2033 by Industry Vertical, Value ($ mn) and Share (%) 73
Figure 39. Global Temperature Sensor Market by Industry Vertical: Chemicals, 2023-2033, $ mn 74
Figure 40. Global Temperature Sensor Market by Industry Vertical: Oil & Gas, 2023-2033, $ mn 75
Figure 41. Global Temperature Sensor Market by Industry Vertical: Consumer Electronics, 2023-2033, $ mn 76
Figure 42. Global Temperature Sensor Market by Industry Vertical: Energy & Power, 2023-2033, $ mn 77
Figure 43. Global Temperature Sensor Market by Industry Vertical: Healthcare & Medical Devices, 2023-2033, $ mn 78
Figure 44. Global Temperature Sensor Market by Industry Vertical: Automotive, 2023-2033, $ mn 79
Figure 45. Global Temperature Sensor Market by Industry Vertical: Metals & Mining, 2023-2033, $ mn 80
Figure 46. Global Temperature Sensor Market by Industry Vertical: Food & Beverages, 2023-2033, $ mn 81
Figure 47. Global Temperature Sensor Market by Industry Vertical: Pulp & Paper, 2023-2033, $ mn 82
Figure 48. Global Temperature Sensor Market by Industry Vertical: Aerospace & Defense, 2023-2033, $ mn 83
Figure 49. Global Temperature Sensor Market by Industry Vertical: Other Industry Verticals, 2023-2033, $ mn 84
Figure 50. Global Market Snapshot by Region 85
Figure 51. Growth Opportunity Analysis of Global Market by Region 86
Figure 52. Geographic Spread of Worldwide Temperature Sensor Market, 2023-2033, % of Sales Revenue 87
Figure 53. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 88
Figure 54. North American Temperature Sensor Market, 2023-2033, $ mn 91
Figure 55. Growth Opportunity Analysis of North America Market by Country 91
Figure 56. Breakdown of North America Temperature Sensor Market by Country, 2023 and 2033, % of Revenue 92
Figure 57. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 93
Figure 58. U.S. Temperature Sensor Market, 2023-2033, $ mn 95
Figure 59. Canada Temperature Sensor Market, 2023-2033, $ mn 97
Figure 60. Temperature Sensor Market in Mexico, 2023-2033, $ mn 99
Figure 61. European Temperature Sensor Market, 2023-2033, $ mn 102
Figure 62. Growth Opportunity Analysis of Europe Market by Country 102
Figure 63. Breakdown of European Temperature Sensor Market by Country, 2023 and 2033, % of Revenue 103
Figure 64. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 104
Figure 65. Temperature Sensor Market in Germany, 2023-2033, $ mn 105
Figure 66. Temperature Sensor Market in U.K., 2023-2033, $ mn 107
Figure 67. Temperature Sensor Market in France, 2023-2033, $ mn 109
Figure 68. Temperature Sensor Market in Spain, 2023-2033, $ mn 111
Figure 69. Temperature Sensor Market in Italy, 2023-2033, $ mn 113
Figure 70. Temperature Sensor Market in Russia, 2023-2033, $ mn 115
Figure 71. Temperature Sensor Market in Rest of Europe, 2023-2033, $ mn 117
Figure 72. Asia-Pacific Temperature Sensor Market, 2023-2033, $ mn 120
Figure 73. Growth Opportunity Analysis of Asia-Pacific Market by Country 120
Figure 74. Breakdown of APAC Temperature Sensor Market by Country, 2023 and 2033, % of Revenue 121
Figure 75. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 122
Figure 76. Temperature Sensor Market in Japan, 2023-2033, $ mn 124
Figure 77. Temperature Sensor Market in China, 2023-2033, $ mn 126
Figure 78. Temperature Sensor Market in Australia, 2023-2033, $ mn 128
Figure 79. Temperature Sensor Market in India, 2023-2033, $ mn 130
Figure 80. Temperature Sensor Market in South Korea, 2023-2033, $ mn 132
Figure 81. Temperature Sensor Market in Rest of APAC, 2023-2033, $ mn 134
Figure 82. South America Temperature Sensor Market, 2023-2033, $ mn 137
Figure 83. Growth Opportunity Analysis of South America Market by Country 137
Figure 84. Breakdown of South America Temperature Sensor Market by Country, 2023 and 2033, % of Revenue 138
Figure 85. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 139
Figure 86. Temperature Sensor Market in Argentina, 2023-2033, $ mn 140
Figure 87. Temperature Sensor Market in Brazil, 2023-2033, $ mn 142
Figure 88. Temperature Sensor Market in Chile, 2023-2033, $ mn 144
Figure 89. Temperature Sensor Market in Rest of South America, 2023-2033, $ mn 146
Figure 90. Temperature Sensor Market in Middle East and Africa (MEA), 2023-2033, $ mn 148
Figure 91. Growth Opportunity Analysis of MEA Market by Country 148
Figure 92. Breakdown of MEA Temperature Sensor Market by Country, 2023 and 2033, % of Revenue 149
Figure 93. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 150
Figure 94. Temperature Sensor Market in UAE, 2023-2033, $ mn 151
Figure 95. Temperature Sensor Market in Saudi Arabia, 2023-2033, $ mn 153
Figure 96. Temperature Sensor Market in Iran, 2023-2033, $ mn 155
Figure 97. Temperature Sensor Market in the Rest of MEA, 2023-2033, $ mn 157
Figure 98. Growth Stage of Global Temperature Sensor Industry over the Forecast Period 158
Figure 99. Comparison of Risk Factors by GMD RIN in 2023 183
Figure 100. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart 184
Figure 101. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart 184

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Amphenol Corporation
• Analog Devices Inc.
• Denso Corporation
• Emerson Electric Company
• Endress Hauser Group Services AG
• Fluke Corporation
• Honeywell International Inc.
• Kongsberg Gruppen ASA
• Microchip Technology Incorporated
• Murata Manufacturing Co., Ltd.
• NXP Semiconductors N.V.
• Omega Engineering Inc.
• Panasonic Corporation
• Siemens AG
• STMicroelectronics N.V.
• TE Connectivity Ltd.
• Texas Instruments Incorporated