Temperature Transmitter Market Snapshot (2023 to 2033)

Future Market Insights estimates that the temperature transmitter market is expected to register a CAGR of 6.5% throughout the forecast period. The market is projected to expand from US$ 3.6 billion in 2023 to US$ 6.7 billion by 2033.

Key Factors Underpinning the Market Growth:

  • Wide Application Spectrum: Temperature transmitters enjoy expanding adoption in process industries like chemicals and oil and gas to protect from corrosion, overheating, moisture, and ineffective fuel usage.
  • The Emergence of the Smart Home Model: Temperature transmitters find application in smart homes, buildings, and consumer electronics.
  • Robust Research and Development: Key competitors are heavily funding the research and innovation of new technologies for the advancement of these devices.
  • Growing Commonality of Portable Healthcare Equipment: Demand for advanced portable healthcare devices is spurred by growing diseases and the aging population. Due to the broad application of these transmitters in digital temperature measurement systems, patient monitoring systems, and life-supporting machines, the demand for temperature transmitters is rising.
  • Miniaturization of Equipment: Miniature devices are growing in popularity due to their ease and convenience. Thus, transmitters supporting the framework of such devices are expanding the market scope.
  • Surging Adoption in the Automotive Sector: Temperature transmitters are being adopted in automotive to ensure vehicle safety, minimize emissions, and drive improvements in engine performance. Manufacturers are developing advanced solutions and products in the automotive industry, which is expected to enhance the prospects for temperature transmitters.
Attributes Details
Temperature Transmitter Market Size (2023) US$ 3.6 billion
Temperature Transmitter Market Size (2033) US$ 6.7 billion
Temperature Transmitter Market Forecast CAGR (2023 to 2033) 6.5%

Factors Limiting the Market Growth:

  • Reduction in the Sales of Personal Computers: Temperature transmitters are used to monitor and control the temperature of the CPU in personal computers. A drop in the sales of personal computers due to shifting preference for portable devices like smartphones and tablets is hindering the sales generated for temperature transmitters from CPUs.
  • Cost Fluctuation: Cost fluctuation of raw materials is expected to impact the price of the final product. Uncertainty surrounding the prices of raw materials puts a burden on the manufacturers, thus affecting the manufacturing process.

Trends Impacting the Industry of Temperature Transmitters:

  • Increasing Adoption in Food Safety Management: Due to the perishable nature of food, temperature maintenance is extremely important in the food and beverage industry. In the food and beverage industry, temperature transmitters are employed at different stages to control the temperature based on the food requirements. Additionally, firms are offering this technology specially engineered to measure the strict specifications of High Temperature, Short Test (HTST) for pasteurization.
  • Surging Use in Home and Building Automation: Temperature transmitters are requisite in the home and building automation network as they inform smart devices regarding the surrounding environment. Thermal transmitters are the prime transmitters used in home and building automation. These transmitters are included in fire detection alarm systems, HVAC, smart thermostats, and lighting control systems.

Opportunities Unfolding in the Temperature Transmitter Market:

  • Escalating Trend of Wearable Devices: Wearable devices are designed to track multiple biometric parameters like body temperature and heartbeat. They are being increasingly adopted among diverse end-users seeking improvement of their health and fitness. Presently, a 1:6 ratio of the population utilizes wearable devices. The future estimates of wearable devices are positive and multiplying. Hence, increasing health consciousness among people is projected to develop significant growth opportunities for manufacturers.
  • Government Support: Governments are approving sensor-based projects, which are expected to create significant growth avenues over the forecast period. For instance, in February 2023, the government approved ‘Sensor-based Smart Agriculture’ for Jammu and Kashmir farmers. In March 2021, the Ministry of Jal Shakti deployed one-of-its-kind sensor-based IoT devices to supervise rural water supply management.

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2018 to 2022 Sales in Comparison to Temperature Transmitter Demand Outlook for 2023 to 2033

The demand for temperature transmitters observed a 4.1% CAGR from 2018 to 2022. The temperature transmitters find wide applications in industries like food and beverages, oil and gas, metal and mining, paper and pulp, water and wastewater, pharmaceutical, etc.

Temperature transmitters are increasingly demanded in portable and advanced healthcare equipment. Factors like deteriorating lifestyles, an increasing geriatric population, and rising viral infections are expected to fuel the demand for sophisticated healthcare equipment.

Over the forecast period, the market is expected to expand at a CAGR of 6.5%. Supporting factors for market development include:

  • The emergence of the miniaturization of equipment
  • High potential in emerging economies
  • Accelerating deployment in the home and building automation
  • The popularity of wearable devices

By 2033 end, the market is projected to amass a total of US$ 6.7 billion.

Historical CAGR 4.1%
Forecast CAGR 6.5%

Category-wise Analysis

Thermocouples to Carve a Larger Share in the Market

Historical CAGR 4%
Forecast CAGR 6.3%

The thermocouple segment enjoys a significant share of the market. Thermocouple is deployed in several applications owing to their broad range of technical specifications and models. Within the process industry, these transmitters are significantly deployed in power generation, metal treatment, chemical and petrochemical processing, etc. Thermocouples assist in checking the temperature in petroleum and chemical plants.

What is the Growth Outlook of the Oil and Gas Industry?

In petrochemicals and the oil and gas industry, temperature transmitters are employed in extraction, development, refining, and distribution to avoid moisture, corrosion, and overheating and regulate fuel use.

These temperature transmitters are capable of calculating high temperatures like exhaust gas temperatures. Over the forecast period, the segment is expected to observe continuous growth and drive the sale of temperature transmitters.

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Sudip Saha

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Country-wise Analysis

China to Acquire Large Market Share

Country China
Market Value US$ (2033) US$ 1.7 billion

China is projected to account for US$ 1.7 billion by 2033, expanding at a significant CAGR of 7.9%. The country holds market leadership in the field of temperature transmitters. Due to the flourishing manufacturing sector, the key players are finding significant growth prospects in the market. Additionally, the easy availability of raw materials within the country is also a significant factor propelling the market growth. Due to a substantial increase in investment by top players, the China market observed significant growth.

Historical CAGR 6.1%
Forecast CAGR 7.9%

How is the Market Faring in the United States?

Country The United States
Market Value US$ (2033) US$ 1 billion

The United States is expected to attain a market value of US$ 1 billion by 2033 end. In the meantime, the market is expanding at a CAGR of 5.3%. The country holds leadership in developing wearable devices, HVAC systems, and compact systems with standalone transmitters. As a result, driving significant sales of temperature transmitters.

Growing awareness about the benefits of these transmitters in different industries, such as oil and gas, automotive, and healthcare, is further supporting the country’s growth.

Historical CAGR 1.1%
Forecast CAGR 5.3%

Strict Government Rules for Industrial Manufacturers in the United Kingdom to Augment Market Growth

Country The United Kingdom
Market Value US$ (2033) US$ 173.8 million

The United Kingdom temperature transmitter industry is projected to obtain US$ 173.8 million by 2033. Over the forecast period, the market is projected to trail at a CAGR of 4.9%. Due to strict rules related to environmental safety and emission control in the country, the market is observing substantial growth prospects for temperature transmitter manufacturers.

Numerous government authorities and EU agencies have mandated strict rules for industrial manufacturers to invest in advanced technologies to efficiently monitor outdoor and indoor conditions.

Historical CAGR 0.6%
Forecast CAGR 4.9%

Plan of Action of Firms Focusing on Their Future Prospects

Key players in the temperature transmitter industry are funding research and development to launch advanced versions of temperature transmitters with functional features for industrial applications. In addition, a substantial amount of well-established firms operating in the market are concentrating on acquiring new startups to cement their market position.

Leading players are indulged in boosting their sales volume and reaching new geographical boundaries. These firms can be seen releasing upgraded series of these devices with better operational effectiveness and reduced cost to gain their foothold in the market.

Key Developments in the Temperature Transmitter Market

  • Azbil Corporation, one of the top industrial and building automation firms, commenced selling ceiling-mounted temperature transmitters outside of Japan in November 2019. These transmitters are used indoors, mainly in office building HVAC systems.
  • OMRON Corporation, one of the top players in industrial automation, extended its D6T series of extremely-sensitive non-contact MEMS thermal transmitters, in August 2018. These transmitters have added narrow-field version transmitters to offer precise non-contact measurements of objects’ temperature for building automation and industrial control systems.
  • ABB officially announced the launch of NiTemp, an extremely precise non-invasive temperature transmitter, in November 2018. The device is used to inexact temperature without closing off any system. This novel product unveils new and unprecedented opportunities for the company to measure temperature in process plants.
  • In November 2022, Endress+Hauser introduced temperature transmitters called iTEMP TMT31. The product offers flexible use, high measurement precision, and safe operation for reliable temperature measurement in different process industries. These transmitters are equipped with better connection technology and are presented in two optimized formats.

Key Manufacturers in the Temperature Transmitter Market:

  • Emerson Electric Company
  • ABB Ltd.
  • Endress + Hauser AG
  • Siemens AG
  • Yokogawa Electric Corporation
  • Wika Alexander Wiegand SE & Co. KG
  • Johnson Controls, Inc.
  • Honeywell International Inc.
  • Schneider Electric SE
  • Vaisala OYJ

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Scope of Temperature Transmitter Market Report

Attribute Details
Forecast Period 2023 to 2033
Historical Data Available for 2018 to 2022
Market Analysis US$ billion/ million for Value and Volume in ‘000’ Units
Key Regions Covered North America; Latin America; Europe; Asia Pacific; The Middle East and Africa
Key Countries Covered The United States, Canada, Brazil, Mexico, the United Kingdom, Germany, France, Spain, Italy, Russia, India, Thailand, Indonesia, Malaysia, China, Japan, South Korea, Australia, Oceania, GCC Countries, South Africa, Türkiye
Key Segments Covered Sensing Technology, Industry, Mounting Technology, Communication Protocol, and Region
Key Companies Profiled Emerson Electric Company; ABB Ltd.; Endress + Hauser AG; Siemens AG; Yokogawa Electric Corporation; Wika Alexander Wiegand SE & Co. KG; Johnson Controls, Inc.; Honeywell International Inc.; Schneider Electric SE; Vaisala OYJ
Report Coverage Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing Available upon Request

Temperature Transmitter Market by Category

By Sensing Technology:

  • RTD
  • Thermocouple
  • Universal
  • Multi-channel

By Industry:

  • Oil & Gas
  • Food & Beverages
  • Water & Wastewater
  • Paper & Pulp
  • Metal & Mining
  • Power
  • Chemical
  • Pharmaceutical
  • Others

By Mounting Technology:

  • Din-Rail
  • Head
  • Field

By Communication Protocol:

  • Hart and Wireless Hart
  • Foundation Fieldbus
  • Profibus PA
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa

Frequently Asked Questions

How Big is the Temperature Transmitter Market Size?

In 2023, the worldwide market value is expected to be around US$ 3.6 billion.

What is the Growth Rate of the Temperature Transmitter Market?

Global demand temperature transmitter might grow at 6.5% per year till 2033.

What Country has a Substantial Share in the Global Temperature Transmitter Market?

China currently leads and could become US$ 1.7 billion market by 2033.

What was the Historical Growth Rate of the Temperature Transmitter Market?

Demand for temperature transmitters surged at 4.1% from 2018 to 2022.

Who are the Key Market Players Providing Temperature Transmitters?

Emersion, ABB, and Endress are some top players in the present market.

Table of Content
1. Executive Summary
    1.1. Global Market Outlook
    1.2. Demand-side Trends
    1.3. Supply-side Trends
    1.4. Technology Roadmap Analysis
    1.5. Analysis and Recommendations
2. Market Overview
    2.1. Market Coverage / Taxonomy
    2.2. Market Definition / Scope / Limitations
3. Market Background
    3.1. Market Dynamics
        3.1.1. Drivers
        3.1.2. Restraints
        3.1.3. Opportunity
        3.1.4. Trends
    3.2. Scenario Forecast
        3.2.1. Demand in Optimistic Scenario
        3.2.2. Demand in Likely Scenario
        3.2.3. Demand in Conservative Scenario
    3.3. Opportunity Map Analysis
    3.4. Product Life Cycle Analysis
    3.5. Supply Chain Analysis
        3.5.1. Supply Side Participants and their Roles
            3.5.1.1. Producers
            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
            3.5.1.3. Wholesalers and Distributors
        3.5.2. Value Added and Value Created at Node in the Supply Chain
        3.5.3. List of Raw Material Suppliers
        3.5.4. List of Existing and Potential Buyer’s
    3.6. Investment Feasibility Matrix
    3.7. Value Chain Analysis
        3.7.1. Profit Margin Analysis
        3.7.2. Wholesalers and Distributors
        3.7.3. Retailers
    3.8. PESTLE and Porter’s Analysis
    3.9. Regulatory Landscape
        3.9.1. By Key Regions
        3.9.2. By Key Countries
    3.10. Regional Parent Market Outlook
    3.11. Production and Consumption Statistics
    3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
    4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
    4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sensing Technology
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sensing Technology, 2018 to 2022
    5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sensing Technology, 2023 to 2033
        5.3.1. RTD
        5.3.2. Thermocouple
        5.3.3. Universal
        5.3.4. Multi-channel
    5.4. Y-o-Y Growth Trend Analysis By Sensing Technology, 2018 to 2022
    5.5. Absolute $ Opportunity Analysis By Sensing Technology, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Industry, 2018 to 2022
    6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Industry, 2023 to 2033
        6.3.1. Oil & Gas
        6.3.2. Food & Beverages
        6.3.3. Water & Wastewater
        6.3.4. Paper & Pulp
        6.3.5. Metal & Mining
        6.3.6. Power
        6.3.7. Chemical
        6.3.8. Pharmaceutical
        6.3.9. Others
    6.4. Y-o-Y Growth Trend Analysis By Industry, 2018 to 2022
    6.5. Absolute $ Opportunity Analysis By Industry, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Mounting Technology
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Mounting Technology, 2018 to 2022
    7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Mounting Technology, 2023 to 2033
        7.3.1. Din-Rail
        7.3.2. Head
        7.3.3. Field
    7.4. Y-o-Y Growth Trend Analysis By Mounting Technology, 2018 to 2022
    7.5. Absolute $ Opportunity Analysis By Mounting Technology, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Communication Protocol
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Communication Protocol, 2018 to 2022
    8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Communication Protocol, 2023 to 2033
        8.3.1. Hart and Wireless Hart
        8.3.2. Foundation Fieldbus
        8.3.3. Profibus PA
        8.3.4. Others
    8.4. Y-o-Y Growth Trend Analysis By Communication Protocol, 2018 to 2022
    8.5. Absolute $ Opportunity Analysis By Communication Protocol, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
    9.1. Introduction
    9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
    9.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
        9.3.1. North America
        9.3.2. Latin America
        9.3.3. Europe
        9.3.4. Asia Pacific
        9.3.5. MEA
    9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        10.2.1. By Country
            10.2.1.1. U.S.
            10.2.1.2. Canada
        10.2.2. By Sensing Technology
        10.2.3. By Industry
        10.2.4. By Mounting Technology
        10.2.5. By Communication Protocol
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Sensing Technology
        10.3.3. By Industry
        10.3.4. By Mounting Technology
        10.3.5. By Communication Protocol
    10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        11.2.1. By Country
            11.2.1.1. Brazil
            11.2.1.2. Mexico
            11.2.1.3. Rest of Latin America
        11.2.2. By Sensing Technology
        11.2.3. By Industry
        11.2.4. By Mounting Technology
        11.2.5. By Communication Protocol
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Sensing Technology
        11.3.3. By Industry
        11.3.4. By Mounting Technology
        11.3.5. By Communication Protocol
    11.4. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        12.2.1. By Country
            12.2.1.1. Germany
            12.2.1.2. U.K.
            12.2.1.3. France
            12.2.1.4. Spain
            12.2.1.5. Italy
            12.2.1.6. Rest of Europe
        12.2.2. By Sensing Technology
        12.2.3. By Industry
        12.2.4. By Mounting Technology
        12.2.5. By Communication Protocol
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Sensing Technology
        12.3.3. By Industry
        12.3.4. By Mounting Technology
        12.3.5. By Communication Protocol
    12.4. Key Takeaways
13. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
            13.2.1.4. Singapore
            13.2.1.5. Thailand
            13.2.1.6. Indonesia
            13.2.1.7. Australia
            13.2.1.8. New Zealand
            13.2.1.9. Rest of Asia Pacific
        13.2.2. By Sensing Technology
        13.2.3. By Industry
        13.2.4. By Mounting Technology
        13.2.5. By Communication Protocol
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Sensing Technology
        13.3.3. By Industry
        13.3.4. By Mounting Technology
        13.3.5. By Communication Protocol
    13.4. Key Takeaways
14. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
    14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
    14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
        14.2.1. By Country
            14.2.1.1. GCC Countries
            14.2.1.2. South Africa
            14.2.1.3. Israel
            14.2.1.4. Rest of MEA
        14.2.2. By Sensing Technology
        14.2.3. By Industry
        14.2.4. By Mounting Technology
        14.2.5. By Communication Protocol
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Sensing Technology
        14.3.3. By Industry
        14.3.4. By Mounting Technology
        14.3.5. By Communication Protocol
    14.4. Key Takeaways
15. Key Countries Market Analysis
    15.1. U.S.
        15.1.1. Pricing Analysis
        15.1.2. Market Share Analysis, 2022
            15.1.2.1. By Sensing Technology
            15.1.2.2. By Industry
            15.1.2.3. By Mounting Technology
            15.1.2.4. By Communication Protocol
    15.2. Canada
        15.2.1. Pricing Analysis
        15.2.2. Market Share Analysis, 2022
            15.2.2.1. By Sensing Technology
            15.2.2.2. By Industry
            15.2.2.3. By Mounting Technology
            15.2.2.4. By Communication Protocol
    15.3. Brazil
        15.3.1. Pricing Analysis
        15.3.2. Market Share Analysis, 2022
            15.3.2.1. By Sensing Technology
            15.3.2.2. By Industry
            15.3.2.3. By Mounting Technology
            15.3.2.4. By Communication Protocol
    15.4. Mexico
        15.4.1. Pricing Analysis
        15.4.2. Market Share Analysis, 2022
            15.4.2.1. By Sensing Technology
            15.4.2.2. By Industry
            15.4.2.3. By Mounting Technology
            15.4.2.4. By Communication Protocol
    15.5. Germany
        15.5.1. Pricing Analysis
        15.5.2. Market Share Analysis, 2022
            15.5.2.1. By Sensing Technology
            15.5.2.2. By Industry
            15.5.2.3. By Mounting Technology
            15.5.2.4. By Communication Protocol
    15.6. U.K.
        15.6.1. Pricing Analysis
        15.6.2. Market Share Analysis, 2022
            15.6.2.1. By Sensing Technology
            15.6.2.2. By Industry
            15.6.2.3. By Mounting Technology
            15.6.2.4. By Communication Protocol
    15.7. France
        15.7.1. Pricing Analysis
        15.7.2. Market Share Analysis, 2022
            15.7.2.1. By Sensing Technology
            15.7.2.2. By Industry
            15.7.2.3. By Mounting Technology
            15.7.2.4. By Communication Protocol
    15.8. Spain
        15.8.1. Pricing Analysis
        15.8.2. Market Share Analysis, 2022
            15.8.2.1. By Sensing Technology
            15.8.2.2. By Industry
            15.8.2.3. By Mounting Technology
            15.8.2.4. By Communication Protocol
    15.9. Italy
        15.9.1. Pricing Analysis
        15.9.2. Market Share Analysis, 2022
            15.9.2.1. By Sensing Technology
            15.9.2.2. By Industry
            15.9.2.3. By Mounting Technology
            15.9.2.4. By Communication Protocol
    15.10. China
        15.10.1. Pricing Analysis
        15.10.2. Market Share Analysis, 2022
            15.10.2.1. By Sensing Technology
            15.10.2.2. By Industry
            15.10.2.3. By Mounting Technology
            15.10.2.4. By Communication Protocol
    15.11. Japan
        15.11.1. Pricing Analysis
        15.11.2. Market Share Analysis, 2022
            15.11.2.1. By Sensing Technology
            15.11.2.2. By Industry
            15.11.2.3. By Mounting Technology
            15.11.2.4. By Communication Protocol
    15.12. South Korea
        15.12.1. Pricing Analysis
        15.12.2. Market Share Analysis, 2022
            15.12.2.1. By Sensing Technology
            15.12.2.2. By Industry
            15.12.2.3. By Mounting Technology
            15.12.2.4. By Communication Protocol
    15.13. Singapore
        15.13.1. Pricing Analysis
        15.13.2. Market Share Analysis, 2022
            15.13.2.1. By Sensing Technology
            15.13.2.2. By Industry
            15.13.2.3. By Mounting Technology
            15.13.2.4. By Communication Protocol
    15.14. Thailand
        15.14.1. Pricing Analysis
        15.14.2. Market Share Analysis, 2022
            15.14.2.1. By Sensing Technology
            15.14.2.2. By Industry
            15.14.2.3. By Mounting Technology
            15.14.2.4. By Communication Protocol
    15.15. Indonesia
        15.15.1. Pricing Analysis
        15.15.2. Market Share Analysis, 2022
            15.15.2.1. By Sensing Technology
            15.15.2.2. By Industry
            15.15.2.3. By Mounting Technology
            15.15.2.4. By Communication Protocol
    15.16. Australia
        15.16.1. Pricing Analysis
        15.16.2. Market Share Analysis, 2022
            15.16.2.1. By Sensing Technology
            15.16.2.2. By Industry
            15.16.2.3. By Mounting Technology
            15.16.2.4. By Communication Protocol
    15.17. New Zealand
        15.17.1. Pricing Analysis
        15.17.2. Market Share Analysis, 2022
            15.17.2.1. By Sensing Technology
            15.17.2.2. By Industry
            15.17.2.3. By Mounting Technology
            15.17.2.4. By Communication Protocol
    15.18. GCC Countries
        15.18.1. Pricing Analysis
        15.18.2. Market Share Analysis, 2022
            15.18.2.1. By Sensing Technology
            15.18.2.2. By Industry
            15.18.2.3. By Mounting Technology
            15.18.2.4. By Communication Protocol
    15.19. South Africa
        15.19.1. Pricing Analysis
        15.19.2. Market Share Analysis, 2022
            15.19.2.1. By Sensing Technology
            15.19.2.2. By Industry
            15.19.2.3. By Mounting Technology
            15.19.2.4. By Communication Protocol
    15.20. Israel
        15.20.1. Pricing Analysis
        15.20.2. Market Share Analysis, 2022
            15.20.2.1. By Sensing Technology
            15.20.2.2. By Industry
            15.20.2.3. By Mounting Technology
            15.20.2.4. By Communication Protocol
16. Market Structure Analysis
    16.1. Competition Dashboard
    16.2. Competition Benchmarking
    16.3. Market Share Analysis of Top Players
        16.3.1. By Regional
        16.3.2. By Sensing Technology
        16.3.3. By Industry
        16.3.4. By Mounting Technology
        16.3.5. By Communication Protocol
17. Competition Analysis
    17.1. Competition Deep Dive
        17.1.1. Emerson Electric Company
            17.1.1.1. Overview
            17.1.1.2. Product Portfolio
            17.1.1.3. Profitability by Market Segments
            17.1.1.4. Sales Footprint
            17.1.1.5. Strategy Overview
                17.1.1.5.1. Marketing Strategy
                17.1.1.5.2. Product Strategy
                17.1.1.5.3. Channel Strategy
        17.1.2. ABB Ltd.
            17.1.2.1. Overview
            17.1.2.2. Product Portfolio
            17.1.2.3. Profitability by Market Segments
            17.1.2.4. Sales Footprint
            17.1.2.5. Strategy Overview
                17.1.2.5.1. Marketing Strategy
                17.1.2.5.2. Product Strategy
                17.1.2.5.3. Channel Strategy
        17.1.3. Endress + Hauser AG
            17.1.3.1. Overview
            17.1.3.2. Product Portfolio
            17.1.3.3. Profitability by Market Segments
            17.1.3.4. Sales Footprint
            17.1.3.5. Strategy Overview
                17.1.3.5.1. Marketing Strategy
                17.1.3.5.2. Product Strategy
                17.1.3.5.3. Channel Strategy
        17.1.4. Siemens AG
            17.1.4.1. Overview
            17.1.4.2. Product Portfolio
            17.1.4.3. Profitability by Market Segments
            17.1.4.4. Sales Footprint
            17.1.4.5. Strategy Overview
                17.1.4.5.1. Marketing Strategy
                17.1.4.5.2. Product Strategy
                17.1.4.5.3. Channel Strategy
        17.1.5. Yokogawa Electric Corporation
            17.1.5.1. Overview
            17.1.5.2. Product Portfolio
            17.1.5.3. Profitability by Market Segments
            17.1.5.4. Sales Footprint
            17.1.5.5. Strategy Overview
                17.1.5.5.1. Marketing Strategy
                17.1.5.5.2. Product Strategy
                17.1.5.5.3. Channel Strategy
        17.1.6. Wika Alexander Wiegand SE & Co. KG
            17.1.6.1. Overview
            17.1.6.2. Product Portfolio
            17.1.6.3. Profitability by Market Segments
            17.1.6.4. Sales Footprint
            17.1.6.5. Strategy Overview
                17.1.6.5.1. Marketing Strategy
                17.1.6.5.2. Product Strategy
                17.1.6.5.3. Channel Strategy
        17.1.7. Johnson Controls, Inc.
            17.1.7.1. Overview
            17.1.7.2. Product Portfolio
            17.1.7.3. Profitability by Market Segments
            17.1.7.4. Sales Footprint
            17.1.7.5. Strategy Overview
                17.1.7.5.1. Marketing Strategy
                17.1.7.5.2. Product Strategy
                17.1.7.5.3. Channel Strategy
        17.1.8. Honeywell International Inc.
            17.1.8.1. Overview
            17.1.8.2. Product Portfolio
            17.1.8.3. Profitability by Market Segments
            17.1.8.4. Sales Footprint
            17.1.8.5. Strategy Overview
                17.1.8.5.1. Marketing Strategy
                17.1.8.5.2. Product Strategy
                17.1.8.5.3. Channel Strategy
        17.1.9. Schneider Electric SE
            17.1.9.1. Overview
            17.1.9.2. Product Portfolio
            17.1.9.3. Profitability by Market Segments
            17.1.9.4. Sales Footprint
            17.1.9.5. Strategy Overview
                17.1.9.5.1. Marketing Strategy
                17.1.9.5.2. Product Strategy
                17.1.9.5.3. Channel Strategy
        17.1.10. Vaisala OYJ
            17.1.10.1. Overview
            17.1.10.2. Product Portfolio
            17.1.10.3. Profitability by Market Segments
            17.1.10.4. Sales Footprint
            17.1.10.5. Strategy Overview
                17.1.10.5.1. Marketing Strategy
                17.1.10.5.2. Product Strategy
                17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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