Global Thermocouple Temperature Sensors Market is expected to grow with the CAGR of 7.0% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Thermocouple temperature sensors market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in thermocouple temperature sensors market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio.
TE Connectivity is the dominating player in thermocouple temperature sensors market. The other key players existing in the market includes Honeywell International Inc, Maxim Integrated, Danfoss A/S, Thermometrics Corporation, Durex Industries, Thermo Sensor GmbH, Microchip Technology Inc., KEYENCE CORPORATION, Applied Sensor Technologies, Okazaki Manufacturing Company, SOR Inc.,Thermo Sensors, Emerson Electric Co., Pyromation, Inc., GÜNTHER GmbH Temperature Measurement Technology, Omega Engineering Inc., West Control Solutions, WIKA Alexander Wiegand SE & Co. KG, Peak Sensors Ltd among others.
TE Connectivity
TE Connectivity, headquartered in Schaffhausen, Switzerland. The company is engaged in manufacturing engineered connectivity and sensing products for power electric vehicles, aircraft, digital factories, and smart homes. The company engaged in providing antennas, application tooling, cable assemblies, connectors, EMI filters, fiber optics, harnessing, heat shrink tubing, identification & labeling, passive components, power systems, relays, contactors & switches, sensors, terminals & splices, wire & cable out of which sensors is market focused product categories.
The company has wide global presence across the globe such as Americas, Asia-Pacific, Europe, and Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such Measurement Specialties, Inc.(U.S), MEAS France SAS(France), TE Connectivity Germany GmbH(Germany), Tyco Electronics Philippines, Inc(Philippines), and AMP Singapore Pte.,Ltd (Singapore) among others.
- In March 2020, TE Connectivity which is engaged in manufacturing of engineered connectivity and sensing products for power electric vehicles, aircraft, digital factories, and smart homes acquired First Sensor. The First Sensor focuses on developing and producing standard sensors and customer-specific sensor solutions in the fields of photonics, pressure and advanced electronics. The acquisition helps the company to strengthen its sensors product portfolio.
Emerson Electric Co.
Emerson Electric Co., headquartered in Missouri, U.S., was founded in year 1890. The company engaged in providing automated and commercial & residential solutions to various industries. The company offers wide range of product categories such as automation solutions, commercial & residential solutions. In which automation solutions falls under market focused segment.
The company has presence in Europe, North America, Asia, Latin America and Middle East & Africa. The company generates revenue from various subsidiaries such as Rosemount Inc(U.S), RIDGID(U.S), InSinkErator(U.S), Greenlee(U.S), Roxar AS(Norway), Artesyn Technologies(U.S) and Others.
- In March 2020, Emerson Electric Co. which is engaged in providing automated and commercial & residential solutions to various industries launched Rosemount 214C temperature sensors. The new temperature sensors provided with various thermocouple types offered in a variety of element configurations. This product launch helps the company to strengthen its product portfolio.
Microchip Technology Inc.
Microchip Technology Inc., is headquartered in Arizona, U.S., was founded in 1989. The company engaged in manufacturing smart, connected and secure embedded control solutions for industrial, automotive, consumer, aerospace and defense, communications and computing markets. The company has product categories including microcontrollers and microprocessors, analog, aerospace and defense, amplifiers and linear, clock and timing, data converters, embedded controllers and super I/O, foundry services, FPGAs and PLDs, high-speed networking and video, interface and connectivity, LED drivers and backlighting, memory, power management, power over ethernet, security ICs, sensors, smart energy/metering, synchronization and timing Systems, Touch and Gesture, Wireless Connectivity and sensors is market focused category.
The company has wide global presence in Asia-Pacific, Europe, Middle East, and Africa, North America, South America. Also the company generates revenue from subsidiaries such as Atmel (U.S), Microsemi(U.S), Micrel(U.S), Silicon Storage Technology (U.S) and PMC-Sierra(U.S) among Others.
- In October 2018, Microchip Technology Inc., which is engaged in manufacturing smart, connected and secure embedded control solutions for industrial, automotive, consumer, aerospace and defense, communications and computing markets, launched five new 1.8V temperature sensors. The new product family feature with voltage rails, such as battery operated IoT applications, personal computing devices; field-programmable gate arrays (FPGAs) and graphics processing units (GPUs). This product launch has helped the company to strengthen its sensors category.
