Product Code: ETC4434985 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India temperature sensor market import shipment demonstrated a significant decline with a CAGR of -55.8% from 2020 to 2024. However, there was a positive upturn in growth between 2023 and 2024, indicating a potential stabilization or slight expansion in the market towards the end of the period.
Temperature sensors are essential components in various industries, including manufacturing, healthcare, and agriculture. In India, the temperature sensor market has experienced steady growth, driven by the need to monitor and control temperature-sensitive processes and assets. These sensors play a crucial role in ensuring product quality, patient safety in healthcare, and food safety in the agricultural sector. The adoption of temperature sensors is expected to continue as India modernizes its industrial and healthcare infrastructure, presenting opportunities for sensor manufacturers and solution providers.
The India temperature sensor market is driven by diverse factors, including the growth of industries such as healthcare, food processing, and automotive. Temperature sensors are crucial for monitoring and controlling processes, ensuring product quality, and maintaining safety standards. The emphasis on cold chain logistics, pharmaceuticals, and healthcare applications, especially amid the pandemic, has increased the demand for temperature sensors. Furthermore, environmental monitoring and HVAC systems are also contributing to the market`s growth as energy efficiency and climate control become increasingly important in India.
Calibration and accuracy are critical issues in temperature sensors. Ensuring temperature measurement precision is challenging, especially in industrial applications where harsh conditions and high temperatures can affect sensor performance.
Temperature sensors played a crucial role in managing the spread of COVID-19. These sensors were extensively used in thermal cameras and temperature monitoring systems to identify individuals with elevated body temperatures. This led to a surge in demand for temperature sensors in healthcare, transportation, and public spaces, as well as in industries such as manufacturing and food processing, where temperature monitoring was critical.
The temperature sensor market in India is witnessing substantial growth, driven by applications in sectors such as automotive, healthcare, and industrial automation. Key players include Honeywell, Texas Instruments, STMicroelectronics, and NXP Semiconductors, among others.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Temperature Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Temperature Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Temperature Sensor Market - Industry Life Cycle |
3.4 India Temperature Sensor Market - Porter's Five Forces |
3.5 India Temperature Sensor Market Revenues & Volume Share, By Product Type , 2021 & 2031F |
3.6 India Temperature Sensor Market Revenues & Volume Share, By Output, 2021 & 2031F |
3.7 India Temperature Sensor Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 India Temperature Sensor Market Revenues & Volume Share, By End-user, 2021 & 2031F |
4 India Temperature Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for temperature sensors in industries such as automotive, healthcare, and consumer electronics. |
4.2.2 Technological advancements leading to the development of more efficient and accurate temperature sensors. |
4.2.3 Growing emphasis on ensuring product quality and safety across various sectors, driving the need for temperature monitoring solutions. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing temperature sensor systems. |
4.3.2 Lack of standardization in temperature sensor technologies leading to compatibility issues. |
4.3.3 Challenges related to calibration and maintenance of temperature sensors, impacting their reliability and accuracy. |
5 India Temperature Sensor Market Trends |
6 India Temperature Sensor Market, By Types |
6.1 India Temperature Sensor Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Temperature Sensor Market Revenues & Volume, By Product Type , 2021-2031F |
6.1.3 India Temperature Sensor Market Revenues & Volume, By Contact Temperature Sensors, 2021-2031F |
6.1.4 India Temperature Sensor Market Revenues & Volume, By Non-contact Temperature Sensors, 2021-2031F |
6.2 India Temperature Sensor Market, By Output |
6.2.1 Overview and Analysis |
6.2.2 India Temperature Sensor Market Revenues & Volume, By Digital, 2021-2031F |
6.2.3 India Temperature Sensor Market Revenues & Volume, By Analog, 2021-2031F |
6.3 India Temperature Sensor Market, By Connectivity |
6.3.1 Overview and Analysis |
6.3.2 India Temperature Sensor Market Revenues & Volume, By Wired, 2021-2031F |
6.3.3 India Temperature Sensor Market Revenues & Volume, By Wireless, 2021-2031F |
6.4 India Temperature Sensor Market, By End-user |
6.4.1 Overview and Analysis |
6.4.2 India Temperature Sensor Market Revenues & Volume, By Chemicals, 2021-2031F |
6.4.3 India Temperature Sensor Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.4.4 India Temperature Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.4.5 India Temperature Sensor Market Revenues & Volume, By Energy & Power, 2021-2031F |
6.4.6 India Temperature Sensor Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.7 India Temperature Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.8 India Temperature Sensor Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.4.9 India Temperature Sensor Market Revenues & Volume, By Food & Beverages, 2021-2031F |
7 India Temperature Sensor Market Import-Export Trade Statistics |
7.1 India Temperature Sensor Market Export to Major Countries |
7.2 India Temperature Sensor Market Imports from Major Countries |
8 India Temperature Sensor Market Key Performance Indicators |
8.1 Average response time of temperature sensors in detecting temperature changes. |
8.2 Percentage of industries adopting IoT-enabled temperature sensors for real-time monitoring. |
8.3 Rate of integration of temperature sensors in smart home appliances and HVAC systems. |
9 India Temperature Sensor Market - Opportunity Assessment |
9.1 India Temperature Sensor Market Opportunity Assessment, By Product Type , 2021 & 2031F |
9.2 India Temperature Sensor Market Opportunity Assessment, By Output, 2021 & 2031F |
9.3 India Temperature Sensor Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
9.4 India Temperature Sensor Market Opportunity Assessment, By End-user, 2021 & 2031F |
10 India Temperature Sensor Market - Competitive Landscape |
10.1 India Temperature Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Temperature Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |