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RTD Sensor (Platinum Resistance Temperature Sensor) Market, Global Outlook and Forecast 2023-2029

RTD Sensor (Platinum Resistance Temperature Sensor) Market, Global Outlook and Forecast 2023-2029

  • Published on : 29 March 2023
  • Pages :71
  • Report Code:SMR-7620590

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Report overview

RTD Sensors (Platinum Resistance Temperature Sensors) are sensing elements that are made of pure platinum wire coil (wire wound) encapsulated in ceramic or glass, or a thin film platinum deposited on a ceramic substrate. Platinum RTDs have a positive temperature coefficient. The electrical resistance increases as temperature rises in a known and repeatable manner. Their linearity and unmatched long term stability firmly establish platinum RTD elements as an ideal sensor for most industrial applications. Thin film elements offer performance equal to standard wire wounds, but with improved cost, size and convenience.
This report aims to provide a comprehensive presentation of the global market for RTD Sensor (Platinum Resistance Temperature Sensor), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding RTD Sensor (Platinum Resistance Temperature Sensor). This report contains market size and forecasts of RTD Sensor (Platinum Resistance Temperature Sensor) in global, including the following market information:
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five RTD Sensor (Platinum Resistance Temperature Sensor) companies in 2022 (%)
The global RTD Sensor (Platinum Resistance Temperature Sensor) market was valued at US$ 428.7 million in 2022 and is projected to reach US$ 628.2 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Top 3 largest players of RTD sensor (platinum resistance temperature sensor), Honeywell, IST AG and TE Connectivity, hold a share about 25% in global market. Asia-Pacific is the largest market, occupied for around 35 percent, followed by 30% for North America market. In terms of type, wire-wound RTD sensor is the largest segment, with a share over 60%, and in terms of application, RTD sensor for industrial occupied around 35% market share.
We surveyed the RTD Sensor (Platinum Resistance Temperature Sensor) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Segment Percentages, by Type, 2022 (%)
Wire-Wound RTD Sensor
Thin Film RTD Sensor
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Segment Percentages, by Application, 2022 (%)
HVAC
Home Appliance
Automotive
Industrial
Medical
Other
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global RTD Sensor (Platinum Resistance Temperature Sensor) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies RTD Sensor (Platinum Resistance Temperature Sensor) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies RTD Sensor (Platinum Resistance Temperature Sensor) revenues share in global market, 2022 (%)
Key companies RTD Sensor (Platinum Resistance Temperature Sensor) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies RTD Sensor (Platinum Resistance Temperature Sensor) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Honeywell
IST AG
TE Connectivity
JUMO
Heraeus Nexensos
Littelfuse
Watlow
OMEGA Engineering
Labfacility
Variohm Eurosensor
Vishay
Applied Sensor Technologies
Outline of Major Chapters:
Chapter 1: Introduces the definition of RTD Sensor (Platinum Resistance Temperature Sensor), market overview.
Chapter 2: Global RTD Sensor (Platinum Resistance Temperature Sensor) market size in revenue and volume.
Chapter 3: Detailed analysis of RTD Sensor (Platinum Resistance Temperature Sensor) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of RTD Sensor (Platinum Resistance Temperature Sensor) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global RTD Sensor (Platinum Resistance Temperature Sensor) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.