Global Temperature Sensors Market worth $4.51 Billion by 201

1. MarketsandMarkets Presents Global Temperature Sensors Market worth $4.51 Billion by 2016 http://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html

2. According to a new market research report “Temperature Sensor Market, A Study of major Sensor types (ICs, Thermostat, Thermistor, Resistive Temperature Detectors (RTDs), Thermocouple) & Applications, Global Forecast & Analysis 2011 – 2016” published by MarketsandMarkets , the market size of temperature sensors in the year 2010 was $3.27 billion and is expected to reach $4.51 billion units by 2016, at an estimated CAGR of 5.6%. The unit shipment for temperature sensors is expected to reach 3.54 billion units by 2016, at an estimated CAGR of 10%from 2011 to 2016. Browse >> 105data tables. 43figures. in-depth TOC on Temperature Sensor Market. http://www.marketsandmarkets.com/Market-Reports/temperature-sensor-market-522.html Early buyers will receive 10% customization on this report. Request to Download Free PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=513

3. The need for temperature sensors is evolving and this section is continuously climbing up the success ladder. Temperature sensors mainly utilize digital technology, which means better in efficiency and sensing performance. Temperature sensors have a significant place in different industry verticals. Global temperature sensor marketsize is estimated to grow with CAGR of 5.6%. Temperature sensors are used for two purposes. The first is as a warning system, typically on two-way catalytic converters such as are still sometimes used on LPG forklifts. The function of the sensor is to warn of catalytic converter temperature above the safe limit of 750°C (1,380 F). More-recent catalytic-converter designs are not as susceptible to temperature damage and can withstand sustained temperatures of 900°C (1,650°F). Temperature sensors are also used to monitor catalyst functioning — usually two sensors will be fitted, with one before the catalyst and one after to monitor the temperature rise over the catalytic-converter core. For every 1% of CO in the exhaust gas stream, the exhaust gas temperature will rise by 100°C. Inquire Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=522

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