Today: November 29, 2015, 12:53 am

Global temperature sensors market: $4.5 billion industry by 2018
Temperature Sensors: A Global Strategic Business Report - a new market research report on 2014-03-14 08:07:01
The global Temperature Sensors market is projected to reach US$4.5 billion by 2018, primarily driven by the growing use of the technology in a wide range of industries, particularly petrochemicals, in addition to emerging opportunities from developing markets.

As a device used to measure temperature of any given medium, temperature sensors perform thermal protection and management functions in a multitude of equipment and industrial/mechanical processes. End-use markets for these sensors range from petrochemicals & chemicals, electronics & semiconductors, automotive, power generation, oil & gas to medical and healthcare. Maintenance of optimum temperature is of critical importance in numerous commercial and industrial process activities.

The health, safety and efficient functioning of powerful engines, machinery and industrial equipment together with the safety of personnel on the work floor depends upon accurate and continuous temperature measurement and monitoring. In the process industry, for instance, processes such as, fermentation, chemical reaction, crystallization, calcination, combustion, are critically dependent on the right temperature. Boilers, incinerators, heat exchangers and cooling towers require optimum temperature for generating maximum yields at lowest energy costs. Post production, right temperature conditions is also critical in ensuring effective product storage and therefore temperature sensors are also of importance in the refrigeration industry. Temperature sensors are therefore indispensable elements that influence not just plant performance but also quality of the final product.

Europe continues to remain the largest regional market worldwide. Asia-Pacific represents the fastest growing regional market with sales poised to grow at a CAGR of about 9.1% over the analysis period.

Click for report details: ..

Browse all Information Technology Market Research Reports ..

Browse all Information Technology Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 451 Words
Related Articles
More From Finance
USGFX Anticipates A Rise In Forex Trading [..]
The Shanghai Composite Index has been volatile and at one stage dropped more than 30% from its June 12 peak, [..]
Credit-Yogi Recommends Reputable Debt Solution Companies To [..]
Many people who have poor credit don’t know what to do about it. They realize that their bad credit prevents [..]
Credit-Yogi Reveals Special Considerations for Military Members [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]
Credit-Yogi Teaches Consumers How To Use HAMP [..]
Be Prepared to Utilize HAMP Lenders do not like to help borrowers prevent foreclosure by accessing the Obama loan modification [..]
Credit-Yogi Informs Military Members Facing Auto Repossession [..]
No one wants to have their vehicle taken back by their banks. It’s a source of stress for the individual [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.