DUBLIN, May 12, 2016 /PRNewswire/ --
Dublin - Research and Markets has announced the addition of the "North America Temperature Sensors Market - Growth, Trends & Forecasts (2015-2020)" report to their offering.
The North America temperature sensors market is forecast reach a value of $2.20 billion by 2020 growing at a CAGR of 6.45% over the period 2015-2020. Temperature sensing has been gaining importance, particularly in R&D and industrial settings, giving rise to high demand for temperature sensors. Companies operating in the market have been investing heavily in research and development activities in order to develop and enhance temperature sensor functionality. Increasing adoption of HVAC modules is expected to favorably impact the North America industry. Even the technological advancements and reduced prices have resulted in Introduction of new applications in the HVAC space.
Growing demand for consumer electronics such as smartphones, cameras and media players make use of microprocessors, which is expected to boost market growth, as they have temperature sensing ICs. Mandates related to safety in North America have acted as a key driver for overall industry growth. Temperature controls are essential for manufacturing, handling and storing of medical equipment and drugs.
The North America Temperature Sensors Market is segmented on the basis of Type (Bimetallic Sensor, Thermistor Sensors, RTD, Thermocouple Sensors, IR Sensors, Fiber Optic Sensors, and Others), & Industry (Consumer Electronics, Power Generation, Automotive, Petrochemical, Aerospace & Defense, Healthcare, Industrial, and Others)>This report describes a detailed study of the Porter's five forces analysis of the market. All the five major factors in these markets have been quantified using the internal key parameters governing each of them. It also covers the market landscape of these players which includes the key growth strategies, geographical footprint, and competition analysis.
Companies Mentioned:
- Texas Instruments
- STMicroelectronics
- Mouser Electronics
- Microchip Technology
- Keyence
- Freescale
- Danfoss
- Honeywell
- Festo
- Infineon Technologies
- Maxim Integrated Products
- Sick Ag
- Dwyer Instruments
- Ifm Electronic Gmbh
Report Structure:
1. Introduction
2. Key Findings
3. Market Overview & Dynamics
4. Introduction
5. Porter'S Five Forces Analysis
6. Market Segmentation
7. Company Profiles
8. Investment Analysis
9. Future Of Temperature Sensors Market
For more information visit http://www.researchandmarkets.com/research/9j85xr/north_america
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SOURCE Research and Markets
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