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A Precious Metal Thermocouple is a sensor used to measure temperature. Thermocouples consist of two wire legs made from different metals. The wires legs are welded together at one end, creating a junction. This junction is where the temperature is measured. When the junction experiences a change in temperature, a voltage is created. The voltage can then be interpreted using thermocouple reference tables to calculate the temperature.
Much of the growth has been attributed to expanding automotive industries in emerging markets and the growth of the consumer electronic industries; both of which heavily utilise thermocouples. Another potential market is in automated systems for manufacture or CIM (Computer Integrated Manufacture). Companies that can automate the whole process of manufacturing a product require the use of sensors and controllers, which is where thermocouples would come in, and can be implemented into a system to also control the temperature where necessary. This is becoming increasingly popular, as the benefits are vast for manufacturers, particularly as reduction in costs and improvements in quality can be achieved.
Market Analysis and Insights: Global Precious Metal Thermocouple Market
In 2019, the global Precious Metal Thermocouple market size was US$ 245.6 million and it is expected to reach US$ 344.5 million by the end of 2026, with a CAGR of 4.9% during 2021-2026.
Global Precious Metal Thermocouple Scope and Market Size
Precious Metal Thermocouple market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Precious Metal Thermocouple market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Precious Metal Thermocouple market is segmented into
R Type
S Type
B Type
Segment by Application, the Precious Metal Thermocouple market is segmented into
Steel
Glass
Semiconductor
Pharmaceutical
Power
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Precious Metal Thermocouple market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Precious Metal Thermocouple product introduction, recent developments, Precious Metal Thermocouple sales by region, type, application and by sales channel.
The major companies include:
Honeywell
Durex Industries
Cleveland Electric Laboratories
Tanaka
CCPI
Yamari
Omega
JUMO
Watlow
Chongqing Dazhi
Much of the growth has been attributed to expanding automotive industries in emerging markets and the growth of the consumer electronic industries; both of which heavily utilise thermocouples. Another potential market is in automated systems for manufacture or CIM (Computer Integrated Manufacture). Companies that can automate the whole process of manufacturing a product require the use of sensors and controllers, which is where thermocouples would come in, and can be implemented into a system to also control the temperature where necessary. This is becoming increasingly popular, as the benefits are vast for manufacturers, particularly as reduction in costs and improvements in quality can be achieved.
Market Analysis and Insights: Global Precious Metal Thermocouple Market
In 2019, the global Precious Metal Thermocouple market size was US$ 245.6 million and it is expected to reach US$ 344.5 million by the end of 2026, with a CAGR of 4.9% during 2021-2026.
Global Precious Metal Thermocouple Scope and Market Size
Precious Metal Thermocouple market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Precious Metal Thermocouple market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Precious Metal Thermocouple market is segmented into
R Type
S Type
B Type
Segment by Application, the Precious Metal Thermocouple market is segmented into
Steel
Glass
Semiconductor
Pharmaceutical
Power
Others
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Precious Metal Thermocouple Market Share AnalysisPrecious Metal Thermocouple market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Precious Metal Thermocouple product introduction, recent developments, Precious Metal Thermocouple sales by region, type, application and by sales channel.
The major companies include:
Honeywell
Durex Industries
Cleveland Electric Laboratories
Tanaka
CCPI
Yamari
Omega
JUMO
Watlow
Chongqing Dazhi
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
