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Global Precious Metal Thermocouple Sales Market Report 2021
SKU ID : QYR-17341358 | Publishing Date : 08-Feb-2021 | No. of pages : 139
A Precious Metal Thermocouple is a sensor used to measure temperature. Thermocouples consist of two wire legs made from different metals. The wires legs are welded together at one end, creating a junction. This junction is where the temperature is measured. When the junction experiences a change in temperature, a voltage is created. The voltage can then be interpreted using thermocouple reference tables to calculate the temperature.
Much of the growth has been attributed to expanding automotive industries in emerging markets and the growth of the consumer electronic industries; both of which heavily utilise thermocouples. Another potential market is in automated systems for manufacture or CIM (Computer Integrated Manufacture). Companies that can automate the whole process of manufacturing a product require the use of sensors and controllers, which is where thermocouples would come in, and can be implemented into a system to also control the temperature where necessary. This is becoming increasingly popular, as the benefits are vast for manufacturers, particularly as reduction in costs and improvements in quality can be achieved. Non-contact forms of temperature measurement will thrive in the future. Although not yet advanced enough to firmly root itself in the temperature measurement industry, many believe non-contact has much more potential in the future. Along with the thermocouple market research. Non-contact forms of temperature measurement shows much higher growth rates, but a significantly lower overall market size.
Market Analysis and Insights: Global Precious Metal Thermocouple Market
The global Precious Metal Thermocouple market was valued at US$ 271.2 in 2020 and will reach US$ 361.4 million by the end of 2027, growing at a CAGR of 4.9% during 2022-2027.
Global Precious Metal Thermocouple Scope and Market Size
The global Precious Metal Thermocouple market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Precious Metal Thermocouple market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
R Type
S Type
B Type
Segment by Application
Steel
Glass
Semiconductor
Pharmaceutical
Power
Others
The Precious Metal Thermocouple market is analysed and market size information is provided by regions (countries). Segment by Application, the Precious Metal Thermocouple market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Honeywell
Durex Industries
Cleveland Electric Laboratories
Tanaka
CCPI
Yamari
Omega
JUMO
Watlow
Chongqing Dazhi
Much of the growth has been attributed to expanding automotive industries in emerging markets and the growth of the consumer electronic industries; both of which heavily utilise thermocouples. Another potential market is in automated systems for manufacture or CIM (Computer Integrated Manufacture). Companies that can automate the whole process of manufacturing a product require the use of sensors and controllers, which is where thermocouples would come in, and can be implemented into a system to also control the temperature where necessary. This is becoming increasingly popular, as the benefits are vast for manufacturers, particularly as reduction in costs and improvements in quality can be achieved. Non-contact forms of temperature measurement will thrive in the future. Although not yet advanced enough to firmly root itself in the temperature measurement industry, many believe non-contact has much more potential in the future. Along with the thermocouple market research. Non-contact forms of temperature measurement shows much higher growth rates, but a significantly lower overall market size.
Market Analysis and Insights: Global Precious Metal Thermocouple Market
The global Precious Metal Thermocouple market was valued at US$ 271.2 in 2020 and will reach US$ 361.4 million by the end of 2027, growing at a CAGR of 4.9% during 2022-2027.
Global Precious Metal Thermocouple Scope and Market Size
The global Precious Metal Thermocouple market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Precious Metal Thermocouple market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
R Type
S Type
B Type
Segment by Application
Steel
Glass
Semiconductor
Pharmaceutical
Power
Others
The Precious Metal Thermocouple market is analysed and market size information is provided by regions (countries). Segment by Application, the Precious Metal Thermocouple market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Honeywell
Durex Industries
Cleveland Electric Laboratories
Tanaka
CCPI
Yamari
Omega
JUMO
Watlow
Chongqing Dazhi
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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