Global IC Temperature Sensor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Output;

Analog and Digital.

By Alloy Used;

Type K, Type M, Type E, and Type J.

By End User;

Chemicals, Oil, Gas, and Healthcare.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn422904051 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global IC Temperature Sensor Market (USD Million), 2021 - 2031

In the year 2024, the Global IC Temperature Sensor Market was valued at USD 7,596.64 million. The size of this market is expected to increase to USD 11,574.26 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global IC (Integrated Circuit) temperature sensor market is experiencing robust growth due to the increasing demand for precise temperature monitoring across various industries. IC temperature sensors are essential in providing accurate and reliable temperature measurements for a wide range of applications, from consumer electronics and automotive systems to industrial equipment and healthcare devices. Their compact size, high accuracy, and ease of integration into electronic systems have made IC temperature sensors an ideal choice for many sectors. With the growing adoption of IoT (Internet of Things) and smart devices, the need for reliable and real-time temperature sensing solutions is expected to further drive market growth.

The rise in industrial automation and energy-efficient solutions has also significantly contributed to the demand for IC temperature sensors. In sectors like manufacturing, oil and gas, and power generation, temperature monitoring is crucial for maintaining equipment efficiency, preventing overheating, and ensuring safety. IC temperature sensors help optimize the performance of industrial systems by providing accurate temperature data, enabling proactive maintenance and energy savings. Furthermore, their integration into advanced control systems allows for better monitoring and management of temperature-sensitive operations, contributing to the overall improvement in industrial efficiency.

Geographically, North America, Europe, and Asia-Pacific are the dominant regions in the global IC temperature sensor market. North America, particularly the United States, has a strong market presence due to the high demand for advanced electronics, automotive technologies, and industrial automation systems. Europe also holds a significant market share, driven by the region's robust automotive, healthcare, and manufacturing sectors, where temperature control is vital. Asia-Pacific is expected to witness the highest growth rate in the coming years, primarily due to the rapid industrialization, increased electronics production, and rising demand for consumer electronic devices in countries such as China, Japan, and India. As these industries continue to expand and evolve, the IC temperature sensor market is projected to grow substantially in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Output
    2. Market Snapshot, BY Alloy Used
    3. Market Snapshot, BY End User
    4. Market Snapshot, By Region
  4. Global IC Temperature Sensor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand in Consumer Electronics

        2. Proliferation of IoT Devices

        3. Automotive Industry Growth

        4. Advancements in Healthcare Technologies

      2. Restraints
        1. Calibration and Accuracy Issues

        2. Limited Temperature Range

        3. Competitive Landscape

        4. Regulatory Compliance

      3. Opportunities
        1. Integration with IoT and Smart Devices

        2. Rising Demand in Healthcare and Medical Devices

        3. Expansion in the Automotive Industry

        4. Growth of Wearable Technology

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global IC Temperature Sensor Market ,By Output, 2021 - 2031 (USD Million)
      1. Analog
      2. Digital
    2. Global IC Temperature Sensor Market , BY Alloy Used, 2021 - 2031 (USD Million)
      1. Type K
      2. Type M
      3. Type E
      4. Type J
    3. Global IC Temperature Sensor Market , BY End User, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Oil
      3. Gas
      4. Healthcare
    4. Global IC Temperature Sensor Market , By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. KEYENCE CORPORATION
      2. NXP Semiconductors
      3. HONEYWELL INTERNATIONAL INC
      4. Danfoss
      5. Texas Instruments Incorporated
      6. Microchip Technology Inc
  7. Analyst Views
  8. Future Outlook of the Market