SOURCE: MarketResearch.com

MarketResearch.com

July 26, 2011 11:08 ET

Temperature Sensors Market to Reach $739 Million by 2016

ROCKVILLE, MD--(Marketwire - Jul 26, 2011) - MarketResearch.com has announced the addition of the new report "2011 Temperature Sensors," to their collection of Electronics market reports. For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6458206

The future for IC temperature sensors appears positive. There are a wide variety of applications for IC temperature sensors, including high volume and fast growing items such as computers, mobile phones, LCDs, and personal electronics such as cameras and MP3 players. Other applications include power supplies, white goods, and HVAC. Also IC temperature sensors are found on many printed circuit boards and in most devices that have a hard drive.

For now, it appears that the automotive market will yield more attractive opportunities for temperature sensor suppliers because of the advancements in technology, the emphasis upon improving fuel economy and lowering emissions, and the wide range of possible applications.

One current design trend in temperature sensors is the popularity of wireless sensors specifically for use in making surface temperature measurements -- these can be devices with very wide temperature ranges. Recently, there was released for the first time a family of temperature sensors which included non-volatile registers and serial EEPROM memory. The addition of integrated memory allows for user settings to be saved across the different power cycles.

This report estimates that the current market for temperature sensing ICs is valued at $573 million, and it is growing at a compound annual rate of 5 percent, which should increase market size to $739 million by year 2016.

For more information, visit http://www.marketresearch.com/product/display.asp?ProductID=6458206

About MarketResearch.com

MarketResearch.com is the leading provider of global market intelligence products and services. With over 300,000 research reports from more than 700 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. For more information, call Veronica Franco at 240-747-3016 or visit www.MarketResearch.com.

Contact Information

  • Contact:
    Veronica Franco
    MarketResearch.com
    Email Contact
    240.747.3016