Embedded Temperature Sensor Market Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
Embedded Temperature Sensor Market |
A Temperature Sensor is a piece of electronic equipment that measures the temperature of a person, an environment, or an object. The temperature sensor measures the amount of heat present in a substance. These sensors will convert input data to electronic data so that it can be recorded, monitored, and displayed in a human-readable format. There are two kinds of temperature sensors: contact and non-contact. Infrared (IR) sensors are the foundation of non-contact temperature sensors. The benefits of a temperature sensor include durability, accuracy, and low power consumption. These sensors are used in a variety of industries to detect overheating and notify users. Temperature sensors are used in a variety of industries, including consumer electronics, semiconductors, chemicals, manufacturing, and others.
During the forecast period, the
global embedded temperature sensor market is expected to grow significantly
(2020–2027). The growing demand for temperature sensors in consumer electronics
such as laptops, tablets, smart wearables, and others is driving the growth of
the embedded temperature sensor market. People who are health-conscious have
increased their demand for smartwatches. Smartwatches provide vital information
such as pulse or heart rate, as well as recommendations for staying healthy.
Furthermore, smart shirts are used by players to monitor body movement. Smart
shirts help athletes keep track of their daily goals as well as their heart
rate, pulse rate, and heat level.
The Global
Embedded Temperature Sensor Market Was Valued At US$ 6,492.34 Mn In
2019 And Is Expected To Reach US$ 9,876.32 Mn By 2027 At A CAGR Of 7.2% Between
2020 And 2027.
According to Coherent Market
Insights, the number of people using smart wearables worldwide increased from
523.3 million in 2017 to 832.3 million in 2020. Furthermore, research and
wearable manufacturing companies are developing advanced temperature sensors
that can be packed into wearables. As technology advances, more innovative
products, such as smartwatches, armbands, and smart T-shirts, are being
introduced to the market. Armbands are intended to track human body movement as
well as detect accurate health and pulse rate. Furthermore, embedded
temperature sensors in smartphones are used to monitor women's fertility
status. The fertility status is displayed on the smartphone screen. Women in
the United States, for example, use such devices to maintain a healthy
lifestyle.
Increasing health awareness is
one of the major factors driving consumer demand for temperature sensors to
monitor their health. People who care about their health spend a lot of money
on monitoring devices like smartwatches and smartphones. People can consult a
doctor and take precautions in advance by using smartwatches. In October 2019,
for example, SAMSUNG released the SAMSUNG GALAXY WATCH ACTIVE 2, which is used
to monitor blood pressure and track health-related problems. This smartwatch is
useful for measuring a person's blood pressure and alerting them to health
issues. As a result, these factors are expected to drive market growth over the
forecast period.
Top Companies involved are Honeywell
International Inc., NXP Semiconductors, Panasonic Corporation, Delphi
Technologies, Siemens, ABB, STMicroelectronics, Emerson Electric Co., Microchip
Technology Inc., Fluke Process Instruments, Mouser Electronics, Inc., Robert
Bosch GmbH, TE Connectivity, DENSO CORPORATION, OMRON Corporation, FLIR Systems
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