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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
An electrical device called a temperature sensor measures the temperature of its surroundings and then transforms the input data into electronic data to record, monitor, or communicate temperature changes. There are numerous varieties of temperature sensors.
Non-contact temperature sensors measure an object's temperature indirectly, while contact temperature sensors need to come into direct contact with the physical object being monitored.
Most non-contact temperature sensors use infrared (IR) technology. They detect IR radiation generated by an item from a distance and send a signal to a calibrated electronic circuit to ascertain the temperature of the object.
The Canada temperature sensors market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
With the launch of NiTemp, a non-invasive temperature sensor that creates novel and unheard-of options for temperature measurement in process plants all over the world, ABB is ushering in a new era in temperature measurement.
NiTemp provides a faster and safer alternative to installing a thermowell, drilling a hole, or shutting down a process in order to measure process temperature. NiTemp significantly improves safety and lowers installation costs without compromising measurement quality thanks to its unique double sensor architecture and custom calculation methodology.
The gadget, which is made for surface measurement and does not require a thermowell, completely avoids process intrusion and significantly raises the safety of humans, plants, and the environment.
The NiTemp method is inherently safe, in line with safety regulations, and it makes environmental considerations simpler. Compared to traditional measurement devices, using NiTemp is more rapid and economical.
Plant availability is increased, system expenses are reduced, and CAPEX expenditures can be reduced by up to 75% because installation and maintenance do not need plant shutdown.
The new temperature sensor employs cutting-edge technology with tried-and-true parts, such common insects used extensively in industry. It was created after extensive testing and input from influential clients in the chemical, food, and beverage, and oil and gas industries.
From ordering to maintaining NiTemp, it is simple and easy to use, and commissioning and handling are made simple by the text display and standard ABB appearance and feel.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |