Attractive Opportunities
Global Demand Analysis & Sales Opportunities in Smart Temperature Transmitters Market
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The annual demand for smart temperature transmitters was USD 481.6 million in 2024 and is expected to reach USD 501.8 million in 2025, up 4.2% than the value in 2024.
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During the forecast period (2025 to 2030), the smart temperature transmitters market is expected to grow at a CAGR of 3.9%. The annual demand will reach of USD 607.6 million in 2030.
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During 2025-2030, the smart temperature transmitters industry is expected to generate a cumulative sales opportunity of USD 2823.59 million.
High-Growth Market Segments:
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North America is expected to remain the largest smart temperature transmitters market during the forecast period.
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By Product type, Mid-Performance segment is likely to remain the growth engine of the market during the forecast period.
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By Mount type, Field Mount segment is likely to maintain its dominance in the market during the forecast period.
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By End-User type, Energy & Power is estimated to remain the largest and fastest-growing end-user type in the market over the next five years.
Market Statistics
Have a look at the sales opportunities presented by the smart temperature transmitters market in terms of growth and market forecast.
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Smart Temperature Transmitters Market Data & Statistics
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Market Statistics
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Value (in USD Million)
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Market Growth (%)
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Annual Market Size in 2023
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USD 460.1 million
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Annual Market Size in 2024
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USD 481.6 million
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YoY Growth in 2024: 4.7%
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Annual Market Size in 2025
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USD 501.8 million
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YoY Growth in 2025: 4.2%
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Annual Market Size in 2030
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USD 607.6 million
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CAGR 2025-2030: 3.9%
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Cumulative Sales Opportunity during 2025-2030
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USD 2823.59 million
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Top 10 Countries’ Market Share in 2024
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USD 354 million+
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> 80%
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Top 10 Company’s Market Share in 2024
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USD 240 million to USD 337 million
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50% - 70%
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Market Dynamics
Introduction:
What are smart temperature transmitters?
A smart temperature transmitter is a type of temperature transmitter that provides several benefits, including wireless data transmission, maintenance indicator, device health indicator, increased safety, dual input facility, along the conversion of temperature signals received from various temperature sensors. The temperature transmitter amplifies and converts the temperature signals received from thermocouples, resistance temperature detectors (RTD), negative temperature coefficient (NTC) thermistors, or any other temperature sensors.
Segment Analysis
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Segmentations
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List of Sub-Segments
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Segments with High-Growth Opportunity
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Product Analysis
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Low-Tier, Mid-Performance, Premium
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Mid-Performance segment is likely to remain the growth engine of the market during the forecast period.
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Mount Analysis
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Field Mount, Head Mount, Panel Mount
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Field Mount segment is likely to maintain its dominance in the market during the forecast period.
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End-Use Analysis
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Chemical, Energy & Power, Metal, Mining, Pharmaceuticals, Food & Beverages, Others
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Energy & Power is projected to remain the dominant as well as the fastest-growing segment of the smart temperature transmitters market.
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Regional Analysis
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North America, Europe, Asia-Pacific, and The Rest of the World
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North America accounted for the largest share of the smart temperature transmitters market.
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By Product Type
“Mid-Performance segment is likely to remain the growth engine of the market during the forecast period.”
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Based on the product type, the smart temperature transmitters market is segmented into low-tier, mid-performance, and premium. The mid-performance segment is likely to remain the growth engine of the market during the forecast period, mainly driven by rising demand for transmitters, which will provide more functionality at an excellent price vs performance ratio.
By Mount Type
“Field Mount segment is likely to maintain its dominance in the market during the forecast period.”
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Based on the mount type, the market is segmented as field mount, head mount, and panel mount. The field mount segment is likely to maintain its dominance in the market during the forecast period. Field-mount transmitters usually deliver greater accuracy and offer excellent performance. In addition to that, the field mount transmitters also provide real-time monitoring of temperature in applications through an LED screen attached to them.
Regional Analysis
“North America accounted for the largest share of the smart temperature transmitters market."
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Regionally, North America is projected to remain the largest market for smart temperature transmitters during the forecast period, driven primarily by the USA. The USA holds irrefutable leads not only in North America but also in the world. A strong supply chain with the presence of a large number of customers from various end-use industries, as well as the presence of various smart temperature transmitter manufacturers, such as Emerson Electric Co., Honeywell International Inc., and Omega Engineering Inc., is the key to the country’s dominance in the world.
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In the post-pandemic scenario, Asia-Pacific, a relatively small market in front of humongous North America, is expected to heal up with the fastest pace from 2021 onwards, with China depicting early signs of recovery from the pandemic. China is the leading metal & mining and chemical producer in the world. Most of the major players, both local as well as international players, prefer to have their manufacturing plants in Asia, more preferably in China, to take advantage of low cost as well as to tap the growth potential.
Most of the major players compete in some of the factors, including price, service offerings, regional presence, etc. The following are the key players in the smart temperature transmitters market -
- ABB Group
- Emerson Electric Co.
- Endress+Hauser Group Services AG
- Honeywell International Inc.
- Krohne Ltd.
- OMEGA Engineering Inc.
- Siemens AG
- Yokogawa Electric Corporation.
Note: The above list does not necessarily include all the top players in the market.
Are you a leading player in this market? We would love to include your name. Please write to us at sales@stratviewresearch.com
Report Features
This report provides market intelligence most comprehensively. The report structure has been kept so that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.
The following are the key features of the report:
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Market structure: Overview, industry life cycle analysis, supply chain analysis.
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Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
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Market trend and forecast analysis.
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Market segment trend and forecast.
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Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
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COVID-19 impact and its recovery curve.
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Attractive market segments and associated growth opportunities.
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Emerging trends.
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Strategic growth opportunities for the existing and new players.
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Key success factors.
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Market Study Period
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2019-2030
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Base Year
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2024
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Forecast Period
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2025-2030
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Trend Period
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2019-2023
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Number of Tables & Figures
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>100
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Number of Segments Analysed
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4 (Product Type, Mount Type, End-User Type, and Region)
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Number of Regions Analysed
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4 (North America, Europe, Asia-Pacific, Rest of the World)
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Countries Analysed
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15 (The USA, Canada, Mexico, Germany, France, Italy, The UK, China, Japan, India, Brazil, Saudi Arabia, Rest of Europe, Rest of APAC, and Rest of the World)
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Free Customization Offered
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10%
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After Sales Support
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Unlimited
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Report Presentation
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Complimentary
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Market Dataset
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Complimentary
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Further Deep Dive & Consulting Services
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10% Discount
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Market Segmentation
The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The smart temperature transmitters market is segmented into the following categories.
Smart Temperature Transmitters Market Size, Share & Forecast, by Product Type
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Low-Tier (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Mid-Performance (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Premium (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Temperature Transmitters Market Size, Share & Forecast, by Mount Type
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Field Mount (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Head Mount (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Panel Mount (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Temperature Transmitters Market Size, Share & Forecast, by End-Use Industry Type
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Chemical (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Energy & Power (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Metal & Mining (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Food & Beverages (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
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Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
Smart Temperature Transmitters Market Size, Share & Forecast, By Region
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North America (Country Analysis: The USA, Canada, and Mexico)
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Europe (Country Analysis: France, Germany, the UK, Russia, and Rest of Europe)
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Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
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Rest of the World (Sub-Region Analysis: The Middle East, Latin America, and Others)
Research Methodology
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This strategic assessment report from Stratview Research provides a comprehensive analysis that reflects today’s Smart Temperature Transmitters market realities and future market possibilities for the forecast period.
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The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
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The vital data/information provided in the report can play a crucial role for market participants and investors in identifying the low-hanging fruits available in the market and formulating growth strategies to expedite their growth process.
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This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
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More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
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We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Customization Options
With this detailed report, Stratview Research offers one of the following free customization options to our respected clients:
Company Profiling
- Detailed profiling of additional market players (up to three players)
- SWOT analysis of key players (up to three players)
Competitive Benchmarking
- Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances
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