Top 10 Temperature Sensor Companies

The global temperature sensor market is projected to grow from USD 7.43 billion in 2025 to USD 8.94 billion by 2030, at a CAGR of 3.8% from 2025 to 2030. One of the key factors boosting demand for temperature sensors is surging demand for portable health monitoring systems. The emergence of technologies, such as advanced patient monitoring systems and portable health monitoring systems, drives this trend. The rising geriatric population, deteriorating lifestyle, and growing viral infections also augment the demand for portable healthcare devices. In recent years, wearable healthcare products have become popular due to the increasing demand for wearable devices. These sensors are incorporated into wearable healthcare devices to monitor patients’ health continuously. The increasing popularity of portable and wearable healthcare devices is a major factor driving the market.

Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), Siemens (Germany), Emerson Electric Co. (US), Analog Devices, Inc. (US), Amphenol Corporation (US), WIKA Alexander Wiegand SE & Co. KG (Germany), and Microchip Technology Inc. (US) are the major players in the 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 September 2024, TE Connectivity completed the acquisition of Sense Eletrônica Ltda (Sense), a leading manufacturer of factory and process automation sensors in Brazil. The acquisition brings to TE Connectivity a broad portfolio of inductive and capacitive position sensors, photoelectric sensors, valve automation products, and connectivity solutions for the factory and process automation markets.

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Major Temperature Sensor Companies Include:

• Honeywell International Inc. (US)
• TE Connectivity (Switzerland)
• Texas Instruments Incorporated (US)
• Endress+Hauser Group Services AG (Switzerland)
• Siemens (Germany)
• Emerson Electric Co. (US)
• Analog Devices, Inc. (US)
• Amphenol Corporation (US)
• WIKA Alexander Wiegand SE & Co. KG (Germany)
• Microchip Technology Inc. (US)

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.

TE Connectivity (Switzerland):

TE Connectivity is one of the leaders in designing and manufacturing connectivity and sensor solutions. The company has an extensive product portfolio that includes antennas, cable assemblies, connectors, fiber optics, heat shrink tubes, power systems, relays, contactors and switches, sensors, and wires and cables. These products are used in several industries, such as aerospace, automotive, defense & military, medical & healthcare, and oil & gas.

TE Connectivity operates through three segments—Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment includes terminal and connector systems and components, sensors, relays, application tooling, and wire and heat shrink tubes. The Industrial Solutions segment includes terminal and connector systems and components, heat shrink tubes, relays, and wires and cables. The Communications Solutions segment develops, manufactures, installs, and maintains subsea fiber-optic communications systems and offers terminal and connector systems and components, undersea telecommunications systems, relays, heat shrink tubes, and antennas. The Transportation Solutions segment of the company offers temperature sensors.

Company Ranking

The temperature sensor market is consolidated, with leading players, such as Honeywell International Inc. (US), TE Connectivity (Switzerland), Texas Instruments Incorporated (US), Endress+Hauser Group Services AG (Switzerland), and Siemens AG (Germany), collectively accounting for approximately 18–28% of the market share. The temperature sensor market has evolved over the last decade. Major players are adopting organic and inorganic growth strategies, including product launches, acquisitions, contracts, and agreements. These strategies have not only helped the market leaders gain extra revenue but have also helped them sustain their position in the changing market dynamics and cater to the various needs of customers.

Related Reports:

Temperature Sensor Market by Connectivity (Wired, Wireless), Contact Type (Thermocouple, Thermistor), Non-Contact Type (Infrared Temperature, Fiber Optic), Output (Digital, Analog), End Use Industry and Region - Global Forecast to 2030

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