Temperature Sensors Market Top Companies, Business Growth And Investment Opportunities, Share and Forecasts 2025
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Sep 10, 2020 (AmericaNewsHour) —
The global Temperature Sensors Market was valued at USD 4.67 billion in 2016 and is projected to reach USD 6.93 billion by 2025, growing at a CAGR of 4.48% from 2017 to 2025.
A temperature sensor is a device, typically, a thermocouple or RTD, which provides for temperature measurement through an electrical signal.
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1. Market Drivers
1.1 Increasing Importance of Advanced and Portable Healthcare Equipment
1.2 GrowingAutomotive Sector
1.3 Growing Trend of Home and Building Automation
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2. Market Restraints
2.1 Saturation in Pc Market
1. Global Temperature Sensors Market, by Application:
1.1 Process End-Use Application
1.1.1 Chemical and Petrochemical