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, at a CAGR of 3.7% from 2025 to 2030. Growth in consumer electronics, EV battery thermal management, and medical diagnostics further accelerates RTD deployment, as devices require tighter thermal control to ensure optimal performance and safety. Moreover, the shift toward predictive maintenance, AI-driven diagnostics, and remote monitoring amplifies the adoption of digital RTDs, positioning them as the preferred architecture for next-generation temperature sensing applications.
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Honeywell International Inc. (US), Texas Instruments Incorporated (US), Emerson Electric Co. (US), Endress+Hauser Group Services AG (Switzerland), Amphenol Corporation (US), and Siemens (Germany), among others, are the major players in the RTD temperature sensor market. Market participants have increased their product offerings, expanding their global reach through strategic growth approaches, including product launches, collaborations, and partnerships. For instance, in August 2025, Minco announced the launch of two new series of platinum resistance temperature detectors (RTDs) engineered specifically for the extreme demands of space applications.
Honeywell International Inc. (US):
Honeywell International Inc. is a diversified technology and manufacturing company offering building automation systems, commercial combustion control systems, scanners, computer devices, wearable devices, RFID solutions, connected vehicle solutions, advanced automotive technologies, protective equipment, sensors, and switches. These products and solutions have applications in several industries: construction, retail, manufacturing, automotive, energy and utilities, aerospace & defense, healthcare, and chemicals.
The company operates through four segments: Aerospace, Performance Materials and Technologies, Honeywell Building Technologies, and Safety and Productivity Solutions. Its Aerospace segment supplies products, software, and services for aircraft and vehicles sold to OEMs and other customers through various end markets.
Endress+Hauser Group Services AG (Switzerland):
Endress+Hauser Group Services AG is a supplier of laboratory instrumentation and automation, offering a range of products including liquid analysis systems, flow measurement systems, level measurement solutions, pressure measurement systems, temperature measurement systems, measurement and industrial communication technologies, and software. The company offers temperature sensors through its Sensors product line. Endress+Hauser offers a comprehensive assortment of compact thermometers, RTDs, modular thermometers, thermowells, measurement inserts, transmitters, and accessories for all types of process industries, including oil & gas, chemicals, food & beverage, life sciences, primary & metals, and power & energy.
Company Ranking
The RTD temperature sensor market is fragmented, with leading players including Honeywell International Inc. (US), Texas Instruments Incorporated (US), Emerson Electric Co. (US), Endress+Hauser Group Services AG (Switzerland), Amphenol Corporation (US), and Siemens (Germany). The RTD temperature sensor market has undergone significant evolution over the past decade. Major players are adopting organic and inorganic growth strategies, including product launches, acquisitions, contracts, and agreements. These strategies have not only helped market leaders generate additional revenue but also enabled them to sustain their position in the changing market dynamics and cater to the diverse needs of customers.
Related Reports:
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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