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Global $1.52 Bn RTD Temperature Sensors Markets, 2022DUBLIN, September 20, 2017 /PRNewswire/ -- The "Global RTD Temperature Sensors Market - By Sensor Type , Industry, Geography, Trends, Forecast- 2017 - 2022" report has been added to Research and Markets' offering. The RTD Temperature Sensors market is estimated at USD 1.52 billion by 2022 at a CAGR of 6.66% over the period 2017-2022 Resistance Temperature Detectors (RTD) are temperature sensors which contains a resistor that changes resistance value as the temperature changes. They have been used for many years to measure temperature in laboratory and industrial processes, and have developed a reputation for accuracy, repeatability, and stability. The growth of the RTD Temperature Sensors market is currently being hindered by maturity of critical end-user segment and dominance of legacy temperature sensor technologies. North America will remain as the market leader for RTD Temperature Sensors and Asia Pacific will grow with a strong CAGR of XX% during the period 2017 to 2022. The inclination of growth towards vehicle production, availability of a strong ftermarket, and rising trends of security and surveillance are the key drivers which are making the RTD temperature sensors market to grow lucratively. The Global RTD Temperature Sensors Market is segmented on the basis of Type (2 Wire, 3 Wire, and 4 Wire), Application (Consumer Electronics, Power Generation, Automotive, Petrochemical, Healthcare, Industrial, and Others), and Geography (North America, Europe, Asia Pacific, Middle East Africa, and Latin America). The report also considers key trends that will impact the industry and profiles over 10 leading suppliers of RTD Temperature Sensors Market. Some of the top companies mentioned in the report are Texas Instruments (U.S.), Honeywell International (U.S.), Freescale Semiconductor (U.S.), STMicroelectronics (Switzerland), Maxim Integrated Products (U.S.), and among others.
For more information about this report visit https://www.researchandmarkets.com/research/4556p8/global_rtd About Research and Markets Media Contact: Laura Wood, Senior Manager
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