Market Size in 2023 | Market Forecast in2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1451.66 Million | USD 1734.87 Million | 2% | 2023 |
According to the report published by Zion Market Research, the global Temperature Transmitter and Humidity Transmitter Market size was valued at USD 1451.66 Million in 2023 and is predicted to reach USD 1734.87 Million by the end of 2032. The market is expected to grow with a CAGR of 2% during the forecast period. The report analyzes the global Temperature Transmitter and Humidity Transmitter Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Temperature Transmitter and Humidity Transmitter industry.
Temperature transmitter is an electrical device, which interfaces a temperature sensor. Usually, these devices are linearized, amplify, filter noise, isolate, and convert input from the sensor and transmit a standardized output signal to control devices. Humidity measurement may influence the safety and health of the personnel, also the total cost of the product. Humidity transmitters are used in various applications such as food & beverage, pharmaceutical, textile, HVAC & building automation, and pulp & paper.
Process industries highly adopting automation to improve security, cost, and safety is expected to enhance the global temperature transmitter and humidity transmitter market growth. The increasing acceptance of the temperature transmitters in the pharmaceutical, power, metal & mining and chemical industries may influence the global market growth in future. The market for temperature transmitter and humidity transmitter is anticipated to grow at higher rate owing to ruggedness, measurement speed, cost effectiveness, and range of temperatures may positively enhance the global market.
The global temperature transmitter and humidity transmitter market are classified on the basis of communication protocol, sensing type, sensing technology, industry, mounting type and geography.
The communication protocol includes foundation Fieldbus, Profibus, HART and wireless HART, and others. On the basis of sensing type, the global market is bifurcated as multichannel, resistance temperature detector (RTD), universal, capacitive and thermocouple.
Based on sensing technology, the global temperature transmitter and humidity transmitter market is segregated as thermal conductivity, capacitive, resistive, and others.
Of these, the capacitive sensing technology segment contributed for the largest market share in the global temperature transmitter and humidity transmitter market.
This technology is widely used in the meteorological, industrial, and commercial applications.
Moreover, the global market is categorized as water & wastewater, chemical, oil & gas, metal & mining, food & beverage, pharmaceutical, power, and others. Furthermore, mounting type includes head, DIN-Rail, field, and others.
The global temperature transmitter and humidity transmitter market are segmented based on geographical as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Report Attributes | Report Details |
---|---|
Report Name | Temperature Transmitter and Humidity Transmitter Market |
Market Size in 2023 | USD 1451.66 Million |
Market Forecast in 2032 | USD 1734.87 Million |
Growth Rate | CAGR of 2% |
Number of Pages | 199 |
Key Companies Covered | Yokogawa Electric Corporation, WIKA Alexander Wiegand SE & Co. KG, Endress+Hauser AG, Emerson Electric Company, Siemens AG, Honeywell International Inc., and ABB Ltd. Other players include Schneider Electric SE, General Electric, Johnson Controls, Inc., Vaisala Oyj, Siemens AG, Honeywell International Inc., and Schneider Electric SE (France) |
Segments Covered | By communication protocol, By sensing type, By sensing technology, By industry, By mounting type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The Asia Pacific market is experiencing the highest growth in the global temperature transmitter and humidity transmitter market due to high demand for improving production energy capacity, industrial automation, commencing of new projects, and is expected to foster the global market growth in coming years. Exponential growth in the HVAC systems from commercial and residential projects in the Asia Pacific region drives the global market for humidity transmitters.
Key players in the global temperature transmitter and humidity transmitter market are :
Other players include:
The Global Temperature Transmitter and Humidity Transmitter Market is segmented as follows:
By communication protocol
By sensing type
By sensing technology
By industry
By mounting type
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