The North America Resistance Temperature Detector Market would witness market growth of 5.1% CAGR during the forecast period (2022-2028).
Due to significant investments made by leading companies and governmental organizations in the development of cutting-edge temperature monitoring solutions, resistance temperature detector sensor solutions for electronic vehicles have seen relatively high demand in recent years. These solutions are set to propel the resistance temperature detector market in the years to come.
RTD sensors are utilized in both food production equipment and chemical and pharmaceutical manufacturing, as well as by companies that make food packaging. In addition, it can be used to accurately manage the temperature of a room, a condenser, a coolant line, and the ambient environment. RTS sensors are appropriate for use in HVAC in freezers, labs, cold storage chambers, and refrigeration rooms. Due to their accuracy and small size, RTD assemblies make an outstanding temperature sensor for these applications.
The presence of numerous large and small manufacturers operating in both the domestic and international markets makes the RTD industry extremely competitive. With the leading companies implementing tactics including mergers, product innovation, and acquisitions, the market appears to be somewhat concentrated but gradually transitioning towards the fragmented stage.
Resistance temperature detectors (RTDs) and thermistors are the only temperature sensors employed in the US FDA's regulation of the food and medicine industries. Furthermore, it is clear from the expanding workforce in the chemical manufacturing sector that this sector is expanding, propelling the market forward. The application of RTDs is increasing in the food & medicine industry, which is expanding due to the presence of major vendors in the region.
The US market dominated the North America Resistance Temperature Detector Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $333.5 million by 2028.The Canada market is poised to grow at a CAGR of 7.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 6.5% during (2022 - 2028).
Based on Configuration Type, the market is segmented into Three Wire, Two Wire and Four Wire. Based on Industry, the market is segmented into Consumer Electronics, Automotive, Food Processing, Chemical and Others. Based on Material Type, the market is segmented into Platinum, Nickel, Copper and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Resistance Temperature Detector Market is Estimated to reach $1.3 Billion by 2028, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Electric (GE) Co., ABB Group, STMicroelectronics N.V., Panasonic Corporation, Emerson Electric Co., Analog Devices, Inc., NXP Semiconductors N.V., Microchip Technology, Inc., Spectris PLC (Omega Engineering), and Kongsberg Group.
Scope of the Study
Market Segments Covered in the Report:
By Configuration Type
- Three Wire
- Two Wire
- Four Wire
By Industry
- Consumer Electronics
- Automotive
- Food Processing
- Chemical
- Others
By Material Type
- Platinum
- Nickel
- Copper
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- General Electric (GE) Co.
- ABB Group
- STMicroelectronics N.V.
- Panasonic Corporation
- Emerson Electric Co.
- Analog Devices, Inc.
- NXP Semiconductors N.V.
- Microchip Technology, Inc.
- Spectris PLC (Omega Engineering)
- Kongsberg Group
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Resistance Temperature Detector Market, by Configuration Type
1.4.2 North America Resistance Temperature Detector Market, by Industry
1.4.3 North America Resistance Temperature Detector Market, by Material Type
1.4.4 North America Resistance Temperature Detector Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Resistance Temperature Detector Market by Configuration Type
3.1 North America Three Wire Market by Country
3.2 North America Two Wire Market by Country
3.3 North America Four Wire Market by Country
Chapter 4. North America Resistance Temperature Detector Market by Industry
4.1 North America Consumer Electronics Market by Country
4.2 North America Automotive Market by Country
4.3 North America Food Processing Market by Country
4.4 North America Chemical Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Resistance Temperature Detector Market by Material Type
5.1 North America Platinum Market by Country
5.2 North America Nickel Market by Country
5.3 North America Copper Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Resistance Temperature Detector Market by Country
6.1 US Resistance Temperature Detector Market
6.1.1 US Resistance Temperature Detector Market by Configuration Type
6.1.2 US Resistance Temperature Detector Market by Industry
6.1.3 US Resistance Temperature Detector Market by Material Type
6.2 Canada Resistance Temperature Detector Market
6.2.1 Canada Resistance Temperature Detector Market by Configuration Type
6.2.2 Canada Resistance Temperature Detector Market by Industry
6.2.3 Canada Resistance Temperature Detector Market by Material Type
6.3 Mexico Resistance Temperature Detector Market
6.3.1 Mexico Resistance Temperature Detector Market by Configuration Type
6.3.2 Mexico Resistance Temperature Detector Market by Industry
6.3.3 Mexico Resistance Temperature Detector Market by Material Type
6.4 Rest of North America Resistance Temperature Detector Market
6.4.1 Rest of North America Resistance Temperature Detector Market by Configuration Type
6.4.2 Rest of North America Resistance Temperature Detector Market by Industry
6.4.3 Rest of North America Resistance Temperature Detector Market by Material Type
Chapter 7. Company Profiles
7.1 General Electric (GE) Co.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.1 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 SWOT Analysis
7.3 STMicroelectronics N.V.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Panasonic Corporation
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Emerson Electric Co.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.6 Analog Devices, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 NXP Semiconductors N.V.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Microchip Technology, Inc.
7.8.1 Company overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.9 Spectris PLC (Omega Engineering)
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.10. Kongsberg Group
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
TABLE 1 North America Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 2 North America Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 3 North America Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 4 North America Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 5 North America Three Wire Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Three Wire Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Two Wire Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Two Wire Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Four Wire Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Four Wire Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 12 North America Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 13 North America Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Automotive Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Automotive Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Food Processing Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Food Processing Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Chemical Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Chemical Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 24 North America Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 25 North America Platinum Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Platinum Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Nickel Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Nickel Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Copper Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Copper Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Resistance Temperature Detector Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Resistance Temperature Detector Market by Country, 2022 - 2028, USD Million
TABLE 35 US Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 36 US Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 37 US Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 38 US Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 39 US Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 40 US Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 41 US Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 42 US Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 43 Canada Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 44 Canada Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 45 Canada Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 46 Canada Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 47 Canada Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 48 Canada Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 49 Canada Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 50 Canada Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 51 Mexico Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 52 Mexico Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 53 Mexico Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 54 Mexico Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 55 Mexico Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 56 Mexico Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 57 Mexico Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 58 Mexico Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 59 Rest of North America Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 60 Rest of North America Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 61 Rest of North America Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 62 Rest of North America Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 63 Rest of North America Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 64 Rest of North America Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 65 Rest of North America Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 66 Rest of North America Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 67 KEY INFORMATION – General Electric (GE) Co.
TABLE 68 Key Information – ABB Group
TABLE 69 Key Information – STMicroelectronics N.V.
TABLE 70 Key Information – Panasonic Corporation
TABLE 71 Key Information – Emerson Electric Co.
TABLE 72 key information – Analog Devices, Inc.
TABLE 73 Key Information – NXP Semiconductors N.V.
TABLE 74 Key Information – Microchip Technology, Inc.
TABLE 75 key information – Spectris PLC
TABLE 76 Key Information – Kongsberg Group
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: General electric (GE) Co.
FIG 3 SWOT Analysis: ABB Group
FIG 4 Swot analysis: stmicroelectronics n.v.
FIG 5 SWOT Analysis: Panasonic Corporation
FIG 6 Swot analysis: analog devices, inc.
FIG 7 Swot analysis: NXP semiconductors N.V.