Temperature Sensor Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type, By Output, By Vertical, By Region & Competition, 2021-2031F

Description

The Global Temperature Sensor Market is projected to expand from USD 8.05 Billion in 2025 to USD 10.12 Billion by 2031, reflecting a CAGR of 3.89%. Defined as devices that convert thermal energy from objects or environments into readable electrical signals, these sensors are seeing increased demand due to stringent safety and emission regulations within the automotive sector, which necessitate precise thermal management. Additionally, the push for operational efficiency through industrial automation and the implementation of energy-saving HVAC systems in smart buildings significantly supports the market's upward trajectory.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 8.05 Billion
Market Size 2031	USD 10.12 Billion
CAGR 2026-2031	3.89%
Fastest Growing Segment	Infrared Temperature Sensor
Largest Market	North America

However, the market confronts considerable obstacles stemming from economic instability, which often results in decreased capital expenditures across major end-use sectors. This volatility makes the sector highly sensitive to broader economic changes, as evidenced by recent performance metrics. For instance, the AMA Association for Sensors and Measurement reported in 2025 that the sensor industry experienced a ten percent revenue decline in the third quarter of 2024 compared to the same timeframe the prior year. Such fluctuations in demand from key consumer industries can hinder steady growth and introduce significant uncertainty for manufacturers.

Market Driver

The rapid uptake of electric and autonomous vehicles acts as a major catalyst for the global temperature sensor market, given the critical reliance of these platforms on effective thermal management for battery safety and durability. Unlike traditional internal combustion engines, electric powertrains demand continuous temperature oversight of battery packs, inverters, and charging stations to avoid overheating and maximize efficiency, leading to a higher volume of sensors per vehicle. This trend is highlighted by the International Energy Agency's "Global EV Outlook 2024," released in April 2024, which forecasts that global electric car sales will hit roughly 17 million units in 2024, generating substantial demand for integrated thermal components.

Furthermore, the surge in industrial automation and Industry 4.0 amplifies the need for advanced monitoring in robotic arms, drives, and control systems to avert equipment breakdowns. As production lines become increasingly digital, smart sensors are crucial for predictive maintenance and maintaining operational consistency. Rockwell Automation's "9th Annual State of Smart Manufacturing Report" from April 2024 indicates that 95 percent of manufacturers are utilizing or assessing smart technologies, signaling a massive shift towards instrumented facilities. Additionally, the International Federation of Robotics reported that the global operational stock of industrial robots exceeded 4.2 million units in 2024, demonstrating the vast infrastructure dependent on thermal regulation.

Market Challenge

Significant headwinds challenge the global temperature sensor market, primarily driven by widespread economic instability that directly affects capital expenditures in key industrial sectors. During periods of economic volatility, major end-users like automotive manufacturers, consumer electronics firms, and heavy industrial facilities typically tighten operational budgets. This financial caution leads to delays in procuring auxiliary monitoring components, such as thermal sensors, as companies prioritize critical maintenance over system upgrades, resulting in deferred orders and reduced shipment volumes for sensor suppliers.

This contraction is corroborated by recent performance data showing a continued cooling in market activity. In 2025, the AMA Association for Sensors and Measurement noted a four percent decrease in sales during the fourth quarter of 2024 relative to the preceding quarter. This sequential decline underscores the fragility of supply chain demand, as manufacturers face challenges in maintaining consistent production amid fluctuating orders. These variances create an unpredictable landscape where sensor producers struggle to accurately forecast future needs, thereby impeding strategic growth and capacity expansion efforts.

Market Trends

A major trend transforming the market is the miniaturization of sensors for wearable and portable electronics, fueled by consumer interest in continuous health monitoring via compact devices. Modern wearables, such as smart rings and patches, demand ultra-small thermal sensors to precisely track health metrics like sleep and fertility while ensuring long battery life. This necessitates the creation of minimal-footprint components that fit into ergonomic designs without losing accuracy. Highlighting this shift, Android Police reported in March 2024 regarding a Samsung article that the company planned an initial production run of 400,000 units for its Galaxy Ring, indicating a significant commitment to miniaturized thermal tracking hardware.

Concurrently, the adoption of non-contact infrared technology is accelerating, especially in sectors that require remote surveillance and asset protection outside traditional factory settings. This technology enables thermal profiling from a distance, proving essential for defense, maritime navigation, and perimeter security where physical sensors are not feasible. The rising demand for these advanced imaging systems is driven by the necessity for improved situational awareness and threat detection. Teledyne Technologies' "2024 Annual Report," released in April 2025, revealed that sales for its FLIR Defense segment grew by 9.1 percent in 2024, emphasizing the increasing reliance on sophisticated infrared solutions for strategic uses.

Key Market Players

Siemens AG
Panasonic Corporation
Texas Instruments Incorporated
Honeywell International Inc.
ABB Ltd
Analog Devices Inc.
Fluke Process Instruments
Emerson Electric Company
STMicroelectronics
Microchip Technology Incorporated

Report Scope

In this report, the Global Temperature Sensor Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Temperature Sensor Market, By Type

Thermocouple
Thermistor
Resistance Temperature Detector (RTD)
Semiconductor Temperature Sensor
Infrared Temperature Sensor
Others

Temperature Sensor Market, By Output

Digital
Analog

Temperature Sensor Market, By Vertical

Chemical & Petrochemical
Oil & Gas
Metal & Mining
Power Generation
Food & Beverage
Automotive
Medical
Aerospace & Military
Consumer Electronics
Others

Temperature Sensor Market, By Region

North America
- United States
- Canada
- Mexico
Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
South America
- Brazil
- Argentina
- Colombia
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Temperature Sensor Market.

Available Customizations:

Global Temperature Sensor Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Temperature Sensor Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Type (Thermocouple, Thermistor, Resistance Temperature Detector (RTD), Semiconductor Temperature Sensor, Infrared Temperature Sensor, Others)
- 5.2.2. By Output (Digital, Analog)
- 5.2.3. By Vertical (Chemical & Petrochemical, Oil & Gas, Metal & Mining, Power Generation, Food & Beverage, Automotive, Medical, Aerospace & Military, Consumer Electronics, Others)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
5.3. Market Map

6. North America Temperature Sensor Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Type
- 6.2.2. By Output
- 6.2.3. By Vertical
- 6.2.4. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Temperature Sensor Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Type
    - 6.3.1.2.2. By Output
    - 6.3.1.2.3. By Vertical
- 6.3.2. Canada Temperature Sensor Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Type
    - 6.3.2.2.2. By Output
    - 6.3.2.2.3. By Vertical
- 6.3.3. Mexico Temperature Sensor Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Type
    - 6.3.3.2.2. By Output
    - 6.3.3.2.3. By Vertical

7. Europe Temperature Sensor Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Type
- 7.2.2. By Output
- 7.2.3. By Vertical
- 7.2.4. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Temperature Sensor Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Type
    - 7.3.1.2.2. By Output
    - 7.3.1.2.3. By Vertical
- 7.3.2. France Temperature Sensor Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Type
    - 7.3.2.2.2. By Output
    - 7.3.2.2.3. By Vertical
- 7.3.3. United Kingdom Temperature Sensor Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Type
    - 7.3.3.2.2. By Output
    - 7.3.3.2.3. By Vertical
- 7.3.4. Italy Temperature Sensor Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Type
    - 7.3.4.2.2. By Output
    - 7.3.4.2.3. By Vertical
- 7.3.5. Spain Temperature Sensor Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Type
    - 7.3.5.2.2. By Output
    - 7.3.5.2.3. By Vertical

8. Asia Pacific Temperature Sensor Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Type
- 8.2.2. By Output
- 8.2.3. By Vertical
- 8.2.4. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Temperature Sensor Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Type
    - 8.3.1.2.2. By Output
    - 8.3.1.2.3. By Vertical
- 8.3.2. India Temperature Sensor Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Type
    - 8.3.2.2.2. By Output
    - 8.3.2.2.3. By Vertical
- 8.3.3. Japan Temperature Sensor Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Type
    - 8.3.3.2.2. By Output
    - 8.3.3.2.3. By Vertical
- 8.3.4. South Korea Temperature Sensor Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Type
    - 8.3.4.2.2. By Output
    - 8.3.4.2.3. By Vertical
- 8.3.5. Australia Temperature Sensor Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Type
    - 8.3.5.2.2. By Output
    - 8.3.5.2.3. By Vertical

9. Middle East & Africa Temperature Sensor Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Type
- 9.2.2. By Output
- 9.2.3. By Vertical
- 9.2.4. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Temperature Sensor Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Type
    - 9.3.1.2.2. By Output
    - 9.3.1.2.3. By Vertical
- 9.3.2. UAE Temperature Sensor Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Type
    - 9.3.2.2.2. By Output
    - 9.3.2.2.3. By Vertical
- 9.3.3. South Africa Temperature Sensor Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Type
    - 9.3.3.2.2. By Output
    - 9.3.3.2.3. By Vertical

10. South America Temperature Sensor Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Type
- 10.2.2. By Output
- 10.2.3. By Vertical
- 10.2.4. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Temperature Sensor Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Type
    - 10.3.1.2.2. By Output
    - 10.3.1.2.3. By Vertical
- 10.3.2. Colombia Temperature Sensor Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Type
    - 10.3.2.2.2. By Output
    - 10.3.2.2.3. By Vertical
- 10.3.3. Argentina Temperature Sensor Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Type
    - 10.3.3.2.2. By Output
    - 10.3.3.2.3. By Vertical

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Temperature Sensor Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Siemens AG
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Panasonic Corporation
15.3. Texas Instruments Incorporated
15.4. Honeywell International Inc.
15.5. ABB Ltd
15.6. Analog Devices Inc.
15.7. Fluke Process Instruments
15.8. Emerson Electric Company
15.9. STMicroelectronics
15.10. Microchip Technology Incorporated