Temperature Transmitter and Humidity Transmitter Market

 The temperature transmitter market was valued at USD 2.69 Billion in 2015, and is expected to grow at a CAGR of 4.19% during the forecast period. The humidity transmitter market is expected to reach USD 1.36 Billion by 2022, at a CAGR of 1.84% during the forecast period. The base year used for this study is 2015 and the forecast period considered is 2016 to 2022.

This report provides a detailed analysis of the temperature transmitter market based on sensing technology, industry, mounting technology, communication protocol, and region. It also provides a detailed analysis of the temperature transmitter market based on sensing technology, industry, and region. The rising demand from the power and chemical industry is expected to contribute to the growth of the temperature transmitter market, while the demand from the HVAC & building automation and food & beverage industries is expected to fuel the growth of the humidity transmitter market.

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The research methodology used to estimate and forecast the temperature transmitter and humidity transmitter market begins with capturing data on key vendor revenue through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation.

The bottom-up procedure has been employed to arrive at the overall size of the temperature transmitter and humidity transmitter market from the revenues of key players in the market. After arriving at the overall market size, the total market has been split into several segments and sub-segments, which have been verified through the primary research by conducting extensive interviews of people holding key positions, such as CEOs, VPs, directors, and executives. These market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments.

The report covers both the demand and supply sides of the market. The supply-side market segmentation includes several technologies, processes, and machine configuration. On the other hand, the demand-side segmentation includes various industry verticals and regions. The temperature and humidity transmitter market has been segmented into four regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW).

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