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Latin America Temperature Sensor Market – Industry Analysis and Market Forecast (2017-2024)

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Latin America Temperature Sensor Market is expected to reach USD XX Billion by 2024 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report).

A Temperature Sensor is the instrumentation equipment which is used to measure temperature or heat on the operating machine part. Temperature sensing is performed by equipment called Thermocouple. A thermocouple is a temperature-measuring device consisting of two dissimilar conductors that contact each other at one or more points. It produces a voltage when the temperature of one of the points differs from the reference temperature at other parts of the circuit. A Temperature Sensor consists of two different types of metals, joined together at one end. When the junction of the two metals is heated or cooled, a voltage is created that can be correlated back to the temperature.

The Temperature Sensor market in Latin America is divided into product type, process end-use application, non-process end-use application, and geography. By product type, the market is classified into thermistor, thermocouple, temperature sensor IC, resistive temperature detector, bimetallic temperature sensor, fiber-optic temperature sensor, an infrared temperature sensor. Based on process end-use application, the market comprises oil and gas, metal, plastics, chemical and petrochemical, energy and power, food and beverages, refining, and glass. On the basis of non-process end-use application, the market includes healthcare, automotive, electrical and electronics, aerospace & defense, and HVAC.

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Latin America has manufacturers that use leading sensors of different ambient conditions, where the temperature sensors play an important role in sensing devices. Different variety of temperature sensors are available in the market for meeting specific requirement and application needs. Temperature sensor manufacturers in Brazil focus on the thermistor, which holds the valued position due to its properties such as high sensitivity, accuracy as well as low cost. The temperature measurement systems that are utilizing thermistors are comparatively less expensive for production owing to few additional components required for the embedded systems. The recent advances in manufacturing techniques in Brazil and Mexico, have removed the drawbacks of conventional thermistors. Booming demand for the DVD players and other portable communication appliances have propelled the popularity of NTC thermistors in Latin America.

Latin American countries such as Brazil has one of the largest penetration and usage of smartphones globally. On the basic level, sensors being used in a wearable device must be biocompatible, which means that the sensor should safely interact with the body without causing any damage to the form. Brazil is focusing on implementing temperature sensors in wearable devices that are connected through smartphones. This is mainly done for the purpose of healthcare to get real-time data about the body temperature using thermal sensors.

Latin America has further seen a huge surge across a number of different industry verticals due to the availability of cheap labor along with growth in foreign investments. Technological evolution and growth of the manufacturing sector have further made the demand high for Temperature sensor market in Latin America.

Key Highlights:

• Latin America Temperature Sensor market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Latin America Temperature Sensor market
• Latin America Temperature Sensor Market segmentation on the basis of type, process end-use application, non-process end-use application, and geography
• Latin America Temperature Sensor Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study
• Latin America Temperature Sensor Market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, market Temperature and analysis of core competencies
• Competitive landscape of the key players operating in the Latin America Temperature Sensor Market including competitive developments, investments, and strategic expansion

Years that have been considered for the study are as follows:
• Base Year – 2016
• Estimated Year – 2017
• Forecast Period – 2017 to 2024

For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.

Research Methodology:

The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get a fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Latin America Temperature Sensor Market

Some of the key players of the Latin America Temperature Sensor market include:

• Sensor Technology
• Omega Engineering
• Esterline
• QTI Sensing Solutions
• Nippon Instruments
• Pyromation
• United Electric Controls
• Micro-epsilon
• Sensirion
• Yokogawa

Key Target Audience:

• Semiconductor product designers and fabricators
• Temperature sensors manufacturers
• Component suppliers
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals

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The scope of the Latin America Temperature Sensor Market:

The research report segments Latin America Temperature Sensor market based on type, process end-use application, non-process end-use application, and geography.

Latin America Temperature Sensor Market, By Product Type:

• Thermistor
• Thermocouple
• Temperature Sensor IC
• Resistive Temperature Detector (RTD)
• Bimetallic Temperature Sensor
• Fiber Optic Temperature Sensor
• Infrared Temperature Sensor

Latin America Temperature Sensor Market, By Process End-Use Application:

• Oil and Gas
• Metal
• Plastics
• Chemical and Petrochemical
• Energy and Power
• Food and Beverages
• Refining
• Glass

Latin America Temperature Sensor Market, By Non-Process End-Use Application:

• Healthcare
• Automotive
• Electrical and Electronics
• Aerospace & Defense
• HVAC

Latin America Temperature Sensor Market, By Geography:

• Latin America
o Brazil
o Mexico
o Others

Geographic Analysis:

• Breakdown of Brazil Temperature Sensor market
• Breakdown of Mexico Temperature Sensor market
• Breakdown of Others Temperature Sensor market

Available Customizations:

Maximize Market Research offers customizations of reports according to the specific requirement of our clients

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MAJOR TOC OF THE REPORT

1. EXECUTIVE SUMMARY

2. RESEARCH METHODOLOGY

2.1. Market Definition
2.2. Market Scope
2.3. Data Sources

3. MARKET VARIABLES & SCOPE

3.1. Market Segmentation & Scope
3.2. Market Driver Analysis
3.3. Market Restraint Analysis
3.4. Penetration &Growth Prospect Mapping

4. LATIN AMERICA TEMPERATURE SENSOR PRODUCT TYPE ESTIMATES & TREND ANALYSIS (2016 – 2024)

4.1. Temperature Sensor Market: Product Type Analysis
4.2. Thermistor
4.2.1. Thermistor market, 2016 – 2024 (USD billion)
4.3. Thermocouple
4.3.1. Thermocouple market, 2016 – 2024 (USD billion)
4.4. Temperature Sensor IC
4.4.1. Temperature Sensor IC market, 2016 – 2024 (USD billion)
4.5. Resistive Temperature Detector (RTD)
4.5.1. Resistive Temperature Detector (RTD) market, 2016 – 2024 (USD billion)
4.6. Bimetallic Temperature Sensor
4.6.1. Bimetallic Temperature Sensor market, 2016 – 2024 (USD billion)
4.7. Fiber Optic Temperature Sensor
4.7.1. Fiber Optic Temperature Sensor market, 2016 – 2024 (USD billion)
4.8. Infrared Temperature Sensor
4.8.1. Infrared Temperature Sensor market, 2016 – 2024 (USD billion)

5. LATIN AMERICA TEMPERATURE SENSOR PROCESS END-USE APPLICATION ESTIMATES & TREND ANALYSIS (2016 – 2024)

5.1. Temperature Sensor Market: Process End-use Application Analysis
5.2. Oil and Gas Temperature Sensor
5.2.1. Oil and Gas Temperature Sensor market, 2016 – 2024 (USD billion)
5.3. Metal Temperature Sensor
5.3.1. Metal Temperature Sensor market, 2016 – 2024 (USD billion)
5.4. Plastics Temperature Sensor
5.4.1. Plastics Temperature Sensor market, 2016 – 2024 (USD billion)
5.5. Metal Chemical and Petrochemical Temperature Sensor
5.5.1. Chemical and Petrochemical Temperature Sensor market, 2016 – 2024 (USD billion)
5.6. Energy and Power Temperature Sensor
5.6.1. Energy and Power Temperature Sensor market, 2016 – 2024 (USD billion)
5.7. Food and Beverages Temperature Sensor
5.7.1. Food and Beverages Temperature Sensor market, 2016 – 2024 (USD billion)
5.8. Refining Temperature Sensor
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