Europe Temperature Sensor Market

The study involved major activities in estimating the current size of the Europe Temperature Sensor Market. Exhaustive secondary research was done to collect information on temperature sensors. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the temperature sensor.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information relevant to this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research was mainly carried out to obtain critical information about the industry’s supply chain, value chain, the total pool of key players, and market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives. Secondary sources included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold- and silver-standard websites; directories; and databases. Data was also collected from secondary sources, such as the Semiconductor Industry Association, Global Semiconductor Alliance, and Taiwan Semiconductor Industry Association.

Secondary research was mainly used to obtain critical information about the industry's supply chain and value chain, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments from both the market and technology-oriented perspectives. Secondary data has been gathered and analyzed to determine the overall market size, which has also been validated by primary research.

Primary Research

Extensive primary research was conducted after understanding and analyzing the current scenario of the Europe Temperature Sensor Market through secondary research. A number of primary interviews were held with demand and supply side key opinion leaders in four key regions: North America, Europe, Asia Pacific, and Rest of the World. Nearly 25% of the primary interviews were held with the demand side and 75% with the supply side. The primary data was gathered primarily through telephonic interviews, which were 80% of the total primary interviews. Surveys and e-mails were also utilized to gather data.

Market Size Estimation

This report implements both the top-down and bottom-up approaches to estimate and validate the size of the Europe Temperature Sensor Market and various other dependent submarkets. Key players in this market are identified through secondary research, and their market shares in the respective regions are determined through primary and secondary research.

This entire research methodology included the study of annual and financial reports of top companies, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report.

Data Triangulation

After arriving at the overall size of the Europe Temperature Sensor Market from the estimation process explained above, the market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed (wherever applicable) to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. The size of the Europe Temperature Sensor Market was validated using both top-down and bottom-up approaches.

Market Definition

A temperature sensor is a device that is used to measure the degree or level of heat in a substance or its surroundings. Temperature sensors can typically be classified into two types: contact and non-contact sensors.

Contact sensors: These temperature sensors need to make physical contact with the object being sensed. In contact sensors, temperature sensing occurs through conduction. Contact sensors are capable of measuring the temperature of solids, liquids, or gases over a wide range. A few examples of common contact sensors include thermocouples, temperature sensor ICs, thermistors, and RTDs. Non-contact sensors operate on the principles of convection and radiation to detect temperature changes. Non-contact sensors detect the thermal radiation that is emitted from an object and are equipped with infrared radiation sensors. The major types of non-contact sensors are optical and infrared sensors.

Key Stakeholders

• Semiconductor Industry Association
• Global Semiconductor Alliance
• European Semiconductor Industry Association
• Taiwan Semiconductor Industry Association
• SemiconPortal
• AMA Association for Sensor Technology
• OMICS International
• IEEE
• MEMS & Sensors Industry Group
• Educational Institutions Research/White Papers (Published by Communication Organizations)
• Investor Presentations and Annual Reports of Key Market Players

Report Objectives

• To define, describe, and forecast the Europe Temperature Sensor Market, by product type, output, connectivity, end-user industry, and region, in terms of value
• To define, describe, and forecast the global Europe Temperature Sensor Market, in terms of volume
• To forecast the sizes of various segments with respect to the four major regions—
  North America, Europe, Asia Pacific, and Rest of the World (RoW)
• To provide a detailed analysis of the temperature sensors supply chain
• To analyze the impact of the recession on the Europe Temperature Sensor Market
• To strategically analyze the micromarkets with respect to individual growth trends and prospects, and their contributions to the total market
• To analyze competitive developments, such as expansions, agreements, partnerships, acquisitions, product developments, and research & development (R&D), in the Europe Temperature Sensor Market
• To analyze the opportunities for market players and provide details of the competitive landscape of the market.
• To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of business strategy excellence and strength of product portfolios
• To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with a detailed competitive landscape of the market
• To analyze the supply chain, market/ecosystem map, trend/disruptions impacting customer business, technology analysis, Porter’s five force analysis, trade analysis, patent analysis, key conferences & events, and regulations related to the Europe Temperature Sensor Market

Available customizations:

With the market data given, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to 7)