The Asia Pacific Resistance Temperature Detector Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
Temperature sensors known as resistance temperature detectors (RTDs) are resistance temperature detectors whose main objective is to proportionally decrease or increase resistance. With the uniqueness of the fact that RTDs are constructed of metal and thermometers are built of ceramic or polymers, both devices are used to detect particles or elements.
Consumer electronics' increased use of resistance temperature detector (RTD) temperature sensors will be a major factor contributing to growth. Another factor driving the market for resistance temperature detector (RTD) temperature sensors is the accelerated industrialization, urbanization, and technological advancement in emerging economies. The market for resistance temperature detector (RTD) temperature sensors will also grow as a result of stringent government regulations that demand its use.
Due to its low cost of production, as well as its affordable labor and raw material costs, manufacturers are choosing to expand their production facilities in Japan, making it the region with the fastest industrial growth. Some of the biggest manufacturing hubs in the Asia-Pacific region include China, India, as well as South Korea. These nations are attracting investment from all around the world owing to the expanding chemical, food, and automobile industries. One of China's key manufacturing sectors is the chemical industry. China is currently the largest chemicals manufacturing economy in the world and is essential to the economy of contemporary China. This expanding chemical industry is serving as a lucrative opportunity for the resistance temperature detector market.
The China market dominated the Asia Pacific Resistance Temperature Detector Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $106.1 million by 2028.The Japan market is experiencing a CAGR of 5.5% during (2022 - 2028). Additionally, The India market would display a CAGR of 6.8% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Resistance Temperature Detector Market is Projected to reach USD 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
TABLE 1 Asia Pacific Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Three Wire Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Three Wire Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Two Wire Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Two Wire Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Four Wire Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Four Wire Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Food Processing Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Food Processing Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Chemical Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Chemical Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Platinum Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Platinum Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Nickel Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Nickel Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Copper Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Copper Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Resistance Temperature Detector Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Resistance Temperature Detector Market by Country, 2022 - 2028, USD Million
TABLE 35 China Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 36 China Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 37 China Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 38 China Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 39 China Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 40 China Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 41 China Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 42 China Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 43 Japan Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 44 Japan Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 45 Japan Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 46 Japan Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 47 Japan Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 48 Japan Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 49 Japan Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 50 Japan Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 51 India Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 52 India Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 53 India Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 54 India Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 55 India Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 56 India Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 57 India Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 58 India Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 59 South Korea Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 60 South Korea Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 61 South Korea Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 62 South Korea Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 63 South Korea Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 64 South Korea Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 65 South Korea Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 66 South Korea Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 67 Singapore Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 68 Singapore Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 69 Singapore Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 70 Singapore Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 71 Singapore Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 72 Singapore Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 73 Singapore Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 74 Singapore Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 75 Malaysia Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 76 Malaysia Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 77 Malaysia Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 78 Malaysia Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 79 Malaysia Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 80 Malaysia Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 81 Malaysia Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 82 Malaysia Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Resistance Temperature Detector Market, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Resistance Temperature Detector Market, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Resistance Temperature Detector Market by Configuration Type, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Resistance Temperature Detector Market by Configuration Type, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Resistance Temperature Detector Market by Industry, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Resistance Temperature Detector Market by Industry, 2022 - 2028, USD Million
TABLE 89 Rest of Asia Pacific Resistance Temperature Detector Market by Material Type, 2018 - 2021, USD Million
TABLE 90 Rest of Asia Pacific Resistance Temperature Detector Market by Material Type, 2022 - 2028, USD Million
TABLE 91 KEY INFORMATION – General Electric (GE) Co.
TABLE 92 Key Information – ABB Group
TABLE 93 Key Information – STMicroelectronics N.V.
TABLE 94 Key Information – Panasonic Corporation
TABLE 95 Key Information – Emerson Electric Co.
TABLE 96 key information – Analog Devices, Inc.
TABLE 97 Key Information – NXP Semiconductors N.V.
TABLE 98 Key Information – Microchip Technology, Inc.
TABLE 99 key information – Spectris PLC
TABLE 100 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.