Resistance temperature detectors (RTDs) are also called as resistance thermometers that are used to measure temperature. The working principle of RTD sensors is the measuring of temperature by comparing the resistance of the RTD measuring element with the temperature. Typical temperature measuring elements used in the RTD sensors are nickel, platinum and copper. High electrical resistivity, high resistance temperature and corrosion resistance are the major characteristics that must be possessed by RTD sensors. RTD sensors are capable of measuring temperatures up to 800° C.
The global RTD sensors market is majorly driven by the benefits of the sensors including the accuracy, long-term stability, low energy consumption and durability of the sensors in measuring the temperature. In addition, there is a growing demand for RDP sensors from the automotive industry for the utilization in the Advanced Driving Assistance Systems (ADAS) to improve vehicle and traveler’s safety. Vehicle engines operate at extreme temperatures; in such cases, there is necessity of thermal management to ensure safety of the vehicle and passengers. This factor will drive the demand for RTD sensors for the control of ventilation, heating and cooling systems in the vehicle. Moreover, RTD sensor finds wide range of uses across various end use industries including consumer electronics, manufacturing, oil & gas, chemical and other industries. This factor is projected to propel the market growth in the coming years. Furthermore, temperature is a crucial parameter in power & energy generation plants. Incorrect management of temperature in power plants can lead to damage in the operational equipment and thereby destruct the operational excellency; this factor will drive the RTD sensor demand.
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Global RTD Sensor Market: Segmentation
By Product Type Coverage (Market Size & Forecast, Major Company of Product Type etc.)
- Thermocouple
- Thermistor
- Others
By End Use Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
- Polymer
- Power & Energy
- Chemical
- Oil & Gas
- Aerospace & Defense
- Others
By Measuring Element Coverage (Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.):
- Nickel
- Platinum
- Copper
Highlighted key points of this market research RTD Sensor Market report:
–Asia-Pacific region will have vast growth opportunities in the global market during the forecast period
-Automotive end use will be the most lucrative in the forecast period
-Contact SDP sensors segment is estimated to be most lucrative throughout the forecast period
-Increasing demand for temperature sensors from end use industries and growing demand from consumer electronic sectors are important drivers for the RTD sensors market growth
-Driving Factors: Increase in the adoption is predicted to drive
-It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors.
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-In-adequate information is considered to be a major restraint
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The RTD sensor market in Asia-Pacific region is anticipated to create lucrative growth opportunities to key market participants and is projected to generate substantial revenue in the global market during the forecast period. Growing the demand for RTD sensors from the consumer electronics, automotive and other sectors is increasing the use of RTD sensors. In addition, existence of developing countries coupled with rapid industrialization in the end use industries is projected to fuel the demand for the temperature sensor; these factors are ultimately estimated to drive the market growth in the forecast time.
Market players have been discussed and profiles of leading players including Top Key Companies:
- Emerson Electric Co
- STMicroelectronics
- Honeywell International Inc.
- Products, Inc.
- TDK-Micronas GmbH
- OMRON Corporation
- GENERAL ELECTRIC
- Texas Instruments Incorporated
- Siemens
- Maxim Integrated
- Infineon Technologies AG
- DENSO CORPORATION
Regions & Countries Mentioned in the RTD Sensor MarketReport:
1) North America- (United States, Canada)
2) Europe- (Germany, France, UK, Italy, Russia, Spain, Netherlands, Switzerland, Belgium)
3) Asia Pacific- (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Vietnam)
4) Middle East & Africa- (Turkey, Saudi Arabia, United Arab Emirates, South Africa, Israel, Egypt, Nigeria)
5) Latin America- (Brazil, Mexico, Argentina, Colombia, Chile, Peru).
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