Resistive Temperature Detector (RTD) Temperature Sensor Market by Material (Platinum, Nickel, Copper), Output (Digital, Analog), End User (Chemicals, Oil & Gas, Consumer Electronics, Automotive, and Others), Region - Global Forecast to 2030

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USD 1.96 BN
MARKET SIZE, 2030
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CAGR 3.7%
(2025-2030)
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200
REPORT PAGES
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100
MARKET TABLES

OVERVIEW

Resistive Temperature Detector (RTD) Temperature Sensor Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The resistive temperature detector (RTD) temperature sensor market is projected to grow from USD 1.64 billion in 2025 to USD 1.96 billion by 2030, registering a CAGR of 3.7%. The growth of this market is driven by the rising demand for high-accuracy temperature measurement across industrial automation, energy, and advanced manufacturing ecosystems. Market expansion is supported by the increasing adoption of Industry 4.0 technologies, where precise thermal monitoring is essential for predictive maintenance, process optimization, and equipment safety. RTDs are witnessing stronger penetration over thermocouples in applications requiring long-term stability and high measurement repeatability, particularly in sectors such as oil & gas, chemicals, power generation, pharmaceuticals, and food processing.

KEY TAKEAWAYS

  • BY REGION
    Asia Pacific is estimated to dominate the RTD temperature sensor market with a share of 48.0% in 2025.
  • By OUTPUT'
    By output, the digital segment is projected to grow at the highest CAGR during the forecast period.
  • BY END-USER INDUSTRY
    By end-user industry, consumer electronics is expected to hold a larger market share in 2025.
  • Competitive Landscape
    Texas Instruments, Inc. and Honeywell International, Inc., among others, were identified as some of the star players in the RTD temperature sensor market, given their strong market share and product footprint.
  • Competitive Landscape
    Pyromation has distinguished itself among startups and SMEs by securing s strong foothold in specialized niche areas, underscoring its potential as an emerging market leader.

The market for RTD temperature sensors is fueled by their exceptional accuracy, durability, and consistent thermal response. Regulatory requirements for precise heat management in industrial systems are also contributing to the growing adoption of this technology. Additionally, in the consumer electronics sector, increasing performance demands in appliances and smart home devices are driving the need for RTDs. Their long-term stability and quick response time ensure reliable temperature control and improved device efficiency.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The RTD temperature sensor market is undergoing a transformative shift driven by a growing demand for advanced, multi-functional systems. Key innovation hotspots, such as industrial automation, healthcare automation, and smart wearables, are reshaping the future revenue mix. These advancements directly impact industries such as consumer electronics, automotive, and others, ultimately leading to measurable shifts in client revenues.

Resistive Temperature Detector (RTD) Temperature Sensor Market Disruptions

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Increasing demand for RTD in industrial automation
  • Increasing demand for temperature sensors in consumer electronics
RESTRAINTS
Impact
Level
  • Fluctuations in raw material costs
OPPORTUNITIES
Impact
Level
  • Surging investments in IoT research projects
  • Rising preference for wearable devices
CHALLENGES
Impact
Level
  • Stringent performance requirements for advanced applications

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Increasing demand for RTD in industrial automation

This demand is increasing as factories embrace smart manufacturing and IIoT architectures, incorporating RTDs with PLCs, SCADA, and cloud/edge analytics for real-time monitoring and predictive maintenance. This integration reduces downtime and enhances efficiency, driving market growth.

Restraint: Fluctuations in raw material costs

Raw material price fluctuations are caused by ongoing global economic growth in emerging markets, trade tariffs, increased global demand, natural disasters, wars, political events, and volatility in foreign currency exchange rates.

Opportunity: Surging investments in IoT research projects

Governments around the world are supporting and funding innovations related to the Internet of Things (IoT), as the public sector is expected to be one of the largest potential customers for IoT solutions. Additionally, governments are financing new IoT research projects aimed at developing smart cities. This support is anticipated to play a crucial role in the growth of IoT in the coming years.

Challenge: Stringent performance requirements for advanced applications

Temperature measurement is crucial in nearly every process, resulting in the widespread use of sensors in the market. However, low-priced sensors often face challenges due to volume discounting. To meet market demand, it is essential for sensors to have high precision, be easy to integrate, and demonstrate competency.

RESISTIVE TEMPERATURE DETECTOR (RTD) TEMPERATURE SENSOR MARKET: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Honeywell RTD sensors are used in commercial aircraft cabins, airport systems, and large-scale commercial HVAC units to manage thermal comfort, detect overheating, and support system diagnostics. Improves passenger comfort, elevates operational safety, and minimizes maintenance costs through accurate thermal sensing.
Endress+Hauser’s industrial-grade RTDs are used in commercial process environments such as breweries, pharmaceutical facilities, and chemical labs to maintain precise temperature profiles during manufacturing cycles. Ensures product consistency, increases process reliability, and maintains strict quality-control standards in temperature-sensitive production lines.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The ecosystem of RTD temperature sensors includes various categories, products, and emerging technologies that are expected to drive demand for these sensors. Key players in the component and solution sector, such as Honeywell International Inc. (US) and Texas Instruments Incorporated (US), play a significant role in shaping the upstream landscape. On the distribution side, DigiKey Electronics, Inc. (US) and Mouser Electronics (US) are critical channels for product availability and market reach. Additionally, end users can include major adopters of temperature sensors, such as Johnson & Johnson Services, Inc. (US) and Reynolds Group Ltd. (New Zealand), providing a comprehensive view of the industry ecosystem.

Resistive Temperature Detector (RTD) Temperature Sensor Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Resistive Temperature Detector (RTD) Temperature Sensor Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Resistive Temperature Detector Market, by Output

The digital segment is expected to register the highest CAGR in the RTD temperature sensor market, as OEMs across the industrial, automotive, and consumer electronics sectors are rapidly shifting toward fully digital thermal architectures. Digital RTDs offer superior noise immunity, seamless integration with microcontrollers and IoT chipsets, and reduce system-level calibration effort, which is critical for compact, high-density electronics.

Resistive Temperature Detector Market, by End-user Industry

By end user, the consumer electronics segment is expected to grow at the highest CAGR during the forecast period. The RTD temperature sensor market for consumer electronics is experiencing strong growth as devices demand higher thermal precision, reliability, and long-term stability. With smartphones, wearables, gaming consoles, smart home appliances, and personal health devices becoming increasingly compact and power-dense, manufacturers are adopting RTDs to ensure accurate temperature monitoring, prevent overheating, and maintain consistent performance.

REGION

Asia Pacific to be the fastest-growing region in the RTD temperature sensor market during the forecast period

The Asia Pacific RTD temperature sensor market is expanding rapidly, driven by the region’s accelerating manufacturing ecosystem, strong consumer electronics production base, and growing industrial automation. China, Japan, South Korea, and Taiwan are home to major electronics, semiconductor, and automotive OEMs and are increasingly integrating RTDs for precise temperature control in high-performance devices and industrial systems. Rising investments in EVs, renewable energy infrastructure, and advanced factory automation are further boosting RTD demand due to their accuracy, stability, and long service life. Additionally, stringent quality and safety standards across electronics, healthcare, and process industries are prompting wider RTD adoption, positioning Asia Pacific as the fastest-growing market globally.

Resistive Temperature Detector (RTD) Temperature Sensor Market Region

RESISTIVE TEMPERATURE DETECTOR (RTD) TEMPERATURE SENSOR MARKET: COMPANY EVALUATION MATRIX

In the RTD temperature sensor market matrix, Texas Instruments Incorporated (Star) leads with a strong global presence and a comprehensive temperature sensor portfolio. Omega Engineering Inc. (Emerging Leader) is rapidly expanding its footprint through strong adoption in various sectors.

Resistive Temperature Detector (RTD) Temperature Sensor Market Evaluation Metrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

KEY MARKET PLAYERS

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 1.58 BN
Market Forecast in 2030 (Value) USD 1.96 BN
Growth Rate CAGR of 3.7% from 2025–2030
Years Considered 2021–2030
Base Year 2024
Forecast Period 2025–2030
Units Considered Value (USD BN), Volume (MN Units)
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments Covered
  • By Output:
    • Digital
    • Analog
  • By End-user Industry:
    • Chemicals
    • Oil & Gas
    • Consumer Electronics
    • Energy & Power
    • Automotive
    • Food & Beverage
    • and Other End-user Industries
Countries Covered North America, Europe, Asia Pacific, and RoW

WHAT IS IN IT FOR YOU: RESISTIVE TEMPERATURE DETECTOR (RTD) TEMPERATURE SENSOR MARKET REPORT CONTENT GUIDE

Resistive Temperature Detector (RTD) Temperature Sensor Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Industrial Automation OEM
  • Conducted benchmarking of RTD sensors for high-precision thermal monitoring in process industries
  • Assessed calibration stability, drift behavior, and long-term reliability
  • Delivered cost–performance analysis for digital vs. analog RTD deployments
  • Enhanced process accuracy and operational consistency
  • Improved equipment reliability through stable and precise temperature tracking
  • Reduced downtime and maintenance costs via long-life, low-drift RTD performance
  • Enabled regulatory-ready deployment across chemical, oil & gas, and food processing environments

RECENT DEVELOPMENTS

  • June 2024 : Honeywell has completed its acquisition of Carrier Global Corporation's Global Access Solutions business for USD 4.95 billion. By acquiring Carrier's Global Access Solutions business, Honeywell is positioning itself as a security solutions provider for the digital age while allowing for opportunities for advanced innovation in the fast-growing, cloud-based services and solutions space. 
  • May 2024 : Amphenol Corporation has completed the acquisition of Carlisle Interconnect Technologies' (CIT) business from Carlisle Companies Incorporated. The acquisition of CIT enhances Amphenol’s product offerings for highly engineered, harsh environment interconnect solutions and will enable it to deliver solutions for customers in the commercial aviation, defense, and industrial markets.

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
15
2
EXECUTIVE SUMMARY
 
 
 
 
3
PREMIUM INSIGHTS
 
 
 
 
4
MARKET OVERVIEW
Presents a concise view of industry direction, strategic priorities, and key indicators influencing market momentum.
 
 
 
 
 
4.1
INTRODUCTION
 
 
 
 
4.2
MARKET DYNAMICS
 
 
 
 
4.3
INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
 
 
 
 
4.4
STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
 
 
 
5
INDUSTRY TRENDS
This section summarizes market dynamics, key shifts, and high-impact trends shaping demand outlook.
 
 
 
 
 
5.1
PORTER'S FIVE FORCES ANALYSIS
 
 
 
 
5.2
MACROECONOMICS INDICATORS
 
 
 
 
 
5.2.1
INTRODUCTION
 
 
 
 
5.2.2
GDP TRENDS AND FORECAST
 
 
 
5.3
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.4
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.5
PRICING ANALYSIS
 
 
 
 
 
 
5.5.1
AVERAGE SELLING PRICE TREND OF KEY PLAYERS (2021–2024)
 
 
 
 
5.5.2
AVERAGE SELLING PRICE TREND, BY END-USER INDUSTRY (2021–2024)
 
 
 
5.6
TRADE ANALYSIS
 
 
 
 
 
 
5.6.1
IMPORT SCENARIO
 
 
 
 
5.6.2
EXPORT SCENARIO
 
 
 
5.7
KEY CONFERENCES AND EVENTS (2025–2026)
 
 
 
 
5.8
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.9
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.10
CASE STUDY ANALYSIS
 
 
 
 
5.11
IMPACT OF 2025 US TARIFF – RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET
 
 
 
 
 
 
5.11.1
INTRODUCTION
 
 
 
 
5.11.2
KEY TARIFF RATES
 
 
 
 
5.11.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.11.4
IMPACT ON COUNTRY/REGION
 
 
 
 
5.11.5
IMPACT ON END-USE INDUSTRIES
 
 
6
STRATEGIC DISRUPTION THROUGH TECHNOLOGY, PATENTS, DIGITAL, AND AI ADOPTION
 
 
 
 
 
6.1
KEY EMERGING TECHNOLOGIES
 
 
 
 
6.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
6.3
TECHNOLOGY/PRODUCT ROADMAP
 
 
 
 
6.4
PATENT ANALYSIS
 
 
 
 
 
6.5
IMPACT OF AI/GEN AI ON RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET
 
 
 
 
 
 
6.5.1
TOP USE CASES AND MARKET POTENTIAL
 
 
 
 
6.5.2
CASE STUDIES OF AI IMPLEMENTATION IN RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET
 
 
 
 
6.5.3
INTERCONNECTED ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
 
 
 
 
6.5.4
CLIENTS’ READINESS TO ADOPT GENERATIVE AI IN RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET
 
 
7
REGULATORY LANDSCAPE
 
 
 
 
 
7.1
REGIONAL REGULATIONS AND COMPLIANCE
 
 
 
 
 
7.1.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
7.1.2
INDUSTRY STANDARDS
 
 
8
CUSTOMER LANDSCAPE & BUYER BEHAVIOR
 
 
 
 
 
8.1
DECISION-MAKING PROCESS
 
 
 
 
8.2
BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
 
 
 
 
8.3
ADOPTION BARRIERS & INTERNAL CHALLENGES
 
 
 
 
8.4
UNMET NEEDS FROM VARIOUS END-USE INDUSTRIES
 
 
 
9
RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET, BY MATERIAL USED
Market Size, Volume & Forecast – USD Million
 
 
 
 
 
9.1
INTRODUCTION
 
 
 
 
9.2
PLATINUM
 
 
 
 
9.3
NICKEL
 
 
 
 
9.4
COPPER
 
 
 
10
RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET, BY OUTPUT (MARKET SIZE & FORECAST TO 2030 – USD MILLION)
 
 
 
 
 
10.1
INTRODUCTION
 
 
 
 
10.2
ANALOG
 
 
 
 
10.3
DIGITAL
 
 
 
11
RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET, BY END USER (MARKET SIZE & FORECAST TO 2030 – USD MILLION)
 
 
 
 
 
11.1
INTRODUCTION
 
 
 
 
11.2
CHEMICALS
 
 
 
 
11.3
OIL & GAS
 
 
 
 
11.4
CONSUMER ELECTRONICS
 
 
 
 
11.5
ENERGY & POWER
 
 
 
 
11.6
AUTOMOTIVE
 
 
 
 
11.7
FOOD & BEVERAGES
 
 
 
 
11.8
OTHERS
 
 
 
12
RESISTIVE TEMPERATURE DETECTOR TEMPERATURE SENSOR MARKET, BY REGION (MARKET SIZE & FORECAST TO 2030 – USD MILLION)
 
 
 
 
 
12.1
INTRODUCTION
 
 
 
 
12.2
NORTH AMERICA
 
 
 
 
 
12.2.1
US
 
 
 
 
12.2.2
CANADA
 
 
 
 
12.2.3
MEXICO
 
 
 
12.3
EUROPE
 
 
 
 
 
12.3.1
GERMANY
 
 
 
 
12.3.2
FRANCE
 
 
 
 
12.3.3
UK
 
 
 
 
12.3.4
ITALY
 
 
 
 
12.3.5
REST OF EUROPE
 
 
 
12.4
ASIA PACIFIC
 
 
 
 
 
12.4.1
CHINA
 
 
 
 
12.4.2
JAPAN
 
 
 
 
12.4.3
INDIA
 
 
 
 
12.4.4
SOUTH KOREA
 
 
 
 
12.4.5
REST OF ASIA PACIFIC
 
 
 
12.5
ROW
 
 
 
 
 
12.5.1
MIDDLE EAST
 
 
 
 
12.5.2
AFRICA
 
 
 
 
12.5.3
SOUTH AMERICA
 
 
13
COMPETITIVE LANDSCAPE
 
 
 
 
 
13.1
KEY PLAYER STRATEGIES/RIGHT TO WIN
 
 
 
 
13.2
REVENUE ANALYSIS
 
 
 
 
 
13.3
MARKET SHARE ANALYSIS
 
 
 
 
 
13.4
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
13.5
BRAND/PRODUCT COMPARISON
 
 
 
 
 
13.6
COMPANY EVALUATION MATRIX: KEY PLAYERS,
 
 
 
 
 
 
13.6.1
STARS
 
 
 
 
13.6.2
EMERGING LEADERS
 
 
 
 
13.6.3
PERVASIVE PLAYERS
 
 
 
 
13.6.4
PARTICIPANTS
 
 
 
 
13.6.5
COMPANY FOOTPRINT: KEY PLAYERS,
 
 
 
 
 
13.6.5.1
COMPANY FOOTPRINT
 
 
 
 
13.6.5.2
OUTPUT FOOTPRINT
 
 
 
 
13.6.5.3
END-USER FOOTPRINT
 
 
 
 
13.6.5.4
REGION FOOTPRINT
 
 
13.7
COMPANY EVALUATION MATRIX: STARTUPS/SMES,
 
 
 
 
 
 
13.7.1
PROGRESSIVE COMPANIES
 
 
 
 
13.7.2
RESPONSIVE COMPANIES
 
 
 
 
13.7.3
DYNAMIC COMPANIES
 
 
 
 
13.7.4
STARTING BLOCKS
 
 
 
 
13.7.5
COMPETITIVE BENCHMARKING: STARTUPS/SMES,
 
 
 
 
 
13.7.5.1
DETAILED LIST OF KEY STARTUPS/SMES
 
 
 
 
13.7.5.2
COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
13.8
COMPETITIVE SITUATION AND TRENDS
 
 
 
14
COMPANY PROFILES
 
 
 
 
 
14.1
KEY PLAYERS
 
 
 
 
 
14.1.1
HONEYWELL INTERNATIONAL INC.
 
 
 
 
14.1.2
TE CONNECTIVITY
 
 
 
 
14.1.3
TEXAS INSTRUMENTS INCORPORATED
 
 
 
 
14.1.4
ENDRESS+HAUSER GROUP SERVICES AG
 
 
 
 
14.1.5
EMERSON ELECTRIC CO.
 
 
 
 
14.1.6
AMPHENOL CORPORATION
 
 
 
 
14.1.7
MICROCHIP TECHNOLOGY INC.
 
 
 
 
14.1.8
ABB LTD.
 
 
 
 
14.1.9
SIEMENS
 
 
 
 
14.1.10
OMEGA ENGINEERING, INC.
 
 
 
14.2
OTHER PLAYERS
 
 
 
15
RESEARCH METHODOLOGY
 
 
 
 
 
15.1
RESEARCH DATA
 
 
 
 
 
15.1.1
SECONDARY DATA
 
 
 
 
 
15.1.1.1
KEY DATA FROM SECONDARY SOURCES
 
 
 
15.1.2
PRIMARY DATA
 
 
 
 
 
15.1.2.1
KEY DATA FROM PRIMARY SOURCES
 
 
 
 
15.1.2.2
KEY PRIMARY PARTICIPANTS
 
 
 
 
15.1.2.3
BREAKDOWN OF PRIMARY INTERVIEWS
 
 
 
 
15.1.2.4
KEY INDUSTRY INSIGHTS
 
 
 
15.1.3
MARKET SIZE ESTIMATION
 
 
 
 
 
15.1.3.1
BOTTOM-UP APSPROACH
 
 
 
 
15.1.3.2
TOP-DOWN APPROACH
 
 
 
 
15.1.3.3
BASE NUMBER CALCULATION
 
 
 
15.1.4
MARKET FORECAST APPROACH
 
 
 
 
 
15.1.4.1
SUPPLY SIDE
 
 
 
 
15.1.4.2
DEMAND SIDE
 
 
 
15.1.5
DATA TRIANGULATION
 
 
 
 
15.1.6
FACTOR ANALYSIS
 
 
 
 
15.1.7
RESEARCH ASSUMPTIONS
 
 
 
 
15.1.8
RESEARCH LIMITATIONS AND RISK ASSESSMENT
 
 
16
APPENDIX
 
 
 
 
 
16.1
DISCUSSION GUIDE
 
 
 
 
16.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
16.3
AVAILABLE CUSTOMIZATIONS
 
 
 
 
16.4
RELATED REPORTS
 
 
 
 
16.5
AUTHOR DETAILS
 
 
 

Methodology

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The study involved major activities in estimating the current size of the Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) 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. The figures given below show the overall market size estimation process employed for this study.

Bottom-Up Approach

  • Key players in the Resistive Temperature Detector (RTD) Temperature Sensor Market were identified through secondary research, and their global market share was determined through primary and secondary research.
  • The research methodology included a study of annual and quarterly financial reports, regulatory filings of major market players (public), and interviews with industry experts for detailed market insights.
  • All temperature penetration rates, percentage shares, splits, and breakdowns for the Resistive Temperature Detector (RTD) Temperature Sensor Market were determined using secondary sources and verified through primary sources.
  • All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain validated and verified quantitative and qualitative data.
  • The gathered market data was consolidated, enhanced with detailed inputs, analyzed, and presented in this report.

Top-Down Approach

  • Focusing initially on the top-line investments and expenditures made in the temperature sensor ecosystem, splitting the key market areas into product type, output, connectivity, end-user industry, and region, and listing key developments
  • Identifying all leading players and end users in the Resistive Temperature Detector (RTD) Temperature Sensor Market based on product type, output, and connectivity through secondary research and fully verifying them through a brief discussion with industry experts
  • Analyzing revenues, product mix, geographic presence, and key applications served by all identified players to estimate and arrive at percentage splits for all key segments
  • Discussing splits with the industry experts to validate the information and identify key growth pockets across all key segments
  • Breaking down the total market based on verified splits and key growth pockets across all segments

Data Triangulation

After arriving at the overall size of the Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) Temperature Sensor Market , by product type, output, connectivity, end-user industry, and region, in terms of value
  • To define, describe, and forecast the global Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) 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 Resistive Temperature Detector (RTD) Temperature Sensor Market

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Growth opportunities and latent adjacency in Resistive Temperature Detector (RTD) Temperature Sensor Market

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