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Global temperature (sensors market) rises

Posted: 05 Mar 2012 ?? ?Print Version ?Bookmark and Share

Keywords:temperature sensor? consumer electronics? catalytic-converter?

MarketsandMarkets has released the details of its latest report titled "Temperature Sensor Market, A Study of major Sensor types (ICs, Thermostat, Thermistor, Resistive Temperature Detectors (RTDs), Thermocouple) and Applications, Global Forecast and Analysis 2011-2016." According to the research, the market size of temperature sensors in 2010 was $3.27 billion and is expected to reach $4.51 billion units by 2016, at an estimated CAGR of 5.6 percent. In terms of volume, the unit shipment for temperature sensors was 2.02 billion units in 2010 and is expected to approach 3.54 billion units by 2016, at an estimated CAGR of 10 percent from 2011-2016.

The need for temperature sensors is evolving and this section is continuously climbing up the success ladder. Temperature sensors mainly use digital technology, which means better in efficiency and sensing performance. Temperature sensors have a significant place in different industry verticals. The major applications of temperature sensors are in petrochemical industry, automotive industry, consumer electronics industry, metal industries, food and beverages industry, and healthcare. The largest application segment for temperature sensors is the petrochemical segment, together with related process applications.

The electronics segment follows as the second largest application segment for temperature sensors. In the automotive industry, the temperature sensors are improving passenger comfort, engine efficiency and performance. The demand for reliable, high performance and low cost sensors is increasing leading to the development of microtechnology and nanotechnology, offering opportunities such as miniaturization, low power consumption, mass production, etc. New temperature sensors such as the IR temperature sensor offer several key advantages. They allow contactless and consequently corrosion-free measurement of temperature. These devices have gained immense popularity in food and beverage industry and chemical segment.

Temperature sensors are used for two purposes. The first is as a warning system, typically on two-way catalytic converters such as are still sometimes used on LPG forklifts. The function of the sensor is to warn of catalytic converter temperature above the safe limit of 750C. More-recent catalytic-converter designs are not as susceptible to temperature damage and can withstand sustained temperatures of 900C. Temperature sensors are also used to monitor catalyst functioningusually two sensors will be fitted, with one before the catalyst and one after to monitor the temperature rise over the catalytic-converter core.

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