Temperature Transmitters

This global Temperature Transmitters market research delivers current market analysis plus a five year market and technology forecast. It is available in multiple editions including worldwide, all regions, and most major countries. The research covers smart temperature transmitters, remote diagnostics, Ethernet-APL, Field Device Integration (FDI), Plant Asset Management, Thin Film RTDs, Clamp-On RTDs, Integrated Assemblies, Industrial IoT, strategic analysis, market size, industry trends, historical analysis.

Temperature Transmitters Demand Spurred by Greenfield Projects

ARC Advisory Group research shows that Asia, with China as the growth engine of the global economy, boosts demand for temperature transmitters. The region presents the greatest potential for greenfield projects among automation vendors. Unlike legacy system upgrades, greenfield projects are not constrained by existing infrastructure, allowing for the implementation of state-of-the-art instrumentation and systems. Refineries in China and India will need to meet emission requirements, creating additional business opportunities. As refineries in China and India work to meet emission standards, demand is rising for advanced solutions like fieldbus and plant asset management (PAM). These require intelligent temperature transmitters, which offer higher margins and boost revenue for suppliers and improve productivity for end users.

Temperature Transmitters Strategic Issues

Temperature Transmitters Market TrendsIn addition to providing a five-year market forecast, the temperature transmitter market research provides detailed quantitative current market data and addresses key strategic issues as follows.

Focus on Connecting Devices to the Cloud

From ARC’s perspective, the Cloud is a critically important technology to manufacturers, since it provides a common, economical, globally accessible repository for plant data, equipment data, and other infrastructure information. Much work is being done in the automation community to develop standards for the gateway and interface technology needed to transport data between the Cloud and CIP-enabled industrial control systems populated with devices on networks such as Ethernet/IP and DeviceNet. However, concerns regarding security and reliability of the communication interfaces between the Cloud and the automation infrastructure, and a lack of standards and guidelines focused on these critical issues are impeding its growth. The network and communication solutions offered by some suppliers that have a common industrial cloud interface will address these security and communication issues head-on and could provide confidence to manufacturers that have been reluctant to leverage the benefits of the Cloud.

Adopt Wireless Technology

The adoption of wireless field devices will continue to affect the dynamics of the market for temperature transmitters and other field devices. Although wireless temperature transmitters still represent a very small portion of the overall temperature transmitter market, the wireless market is poised for strong growth in the long run. Wireless technology allows users to install field devices in measurement points that previously were not feasible due to the high cost of wiring. This is particularly true for hazardous or inaccessible areas. Encryption and mesh networking technologies have largely addressed user concerns about the security and reliability of wireless transmission of process data. This is particularly true for monitoring applications. Due to the tangible cost advantages, ARC is likely to see increased adoption of wireless-enabled measurements for slow-acting process control loops, such as liquid level control.

Focus on Asset and Energy Management

End users have begun to better realize the contributions of proper maintenance in keeping physical assets in good working conditions to avoid business interruption and improve profitability as well as plant safety. Growth and spending on PAM systems continue to rise as manufacturers seek to determine equipment condition as a means of increasing asset utilization. To get the full benefit of their PAM systems, users will have a further incentive, apart from higher accuracy and better performance, to upgrade their older devices to new units that offer greater intelligence and diagnostic functionality. Improving energy efficiency has also become an imperative for many manufacturing companies; one that reduces costs and increases efficiency when energy-intensive equipment creates bottlenecks in the plant. Efficient energy usage has a positive impact on asset maintenance costs, equipment lifecycle costs, safety, and overall emissions.

Market Data Research Available Datasets

This in-depth market data research is split into two key modules: Market Growth Outlook and Competitive Analysis.  Each of these modules is further configured into several sub-modules to meet the needs of executives as well as marketing, sales, and product development managers.  All of these modules and sub-modules may be purchased as a bundle or separately.  A brief description of these modules, sub-modules, and their use cases is included below.

Market Growth Outlook

ARC’s market growth outlook service delivers an in-depth market opportunity analysis including five-year market and technology forecasts and 3-year history trend lines where available. Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.  

This service is designed to help accelerate your organization's ability to understand an up-to-date view of the market opportunity provided by your current product portfolio and analyze how your company’s market opportunity would change if you were to acquire or divest a particular product line. The service will also help you identify and capitalize on emerging markets, whether these markets are based on an emerging technology, region, vertical industry, or application. Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying the opportunities provided by emerging trends. ARC’s reputation as the preeminent independent provider of market growth opportunity analyses for nearly four decades also provides greater weight to your business plans. ARC’s market growth outlook services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.  

In addition, ARC has a strong history of providing customized market opportunity reports and services to meet your specific needs.  For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.

ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market opportunities designed to help executives quickly identify key trends and market opportunities around the world.  In-depth market opportunity analyses provide marketing and product managers more detailed technology specific market information to plan marketing and product development strategies.  The following table shows more specific information included in each version.

Market Growth Outlook AnalysisUse CasesTarget Role
Worldwide Market Growth Outlook by Industry & Region with 3-year history where availableIn-depth technology-specific strategic growth planning across multiple technologies, applications, regions, and industriesProduct & Marketing Managers
Worldwide Industry Growth Outlook by Region with 3-year history where availableStrategic technology growth planning for markets defined by a single or multiple vertical industriesIndustry Managers
Regional/Country Market Growth Outlook by Technology & Industry with 3-year history where available (includes country data)Strategic technology growth planning for markets defined by a single or multiple world regionsRegional & Country Sales Managers
Market Growth Outlook Executive ViewStrategic Total Available Market (TAM) growth planning dashboard covering multiple vertical industries, technologies, and world regionsExecutives
Market Competitive Analysis

ARC’s Competitive Analysis services deliver in depth competitive analyses across multiple technologies, applications, regions, and industries.  Besides providing an in-depth analysis of the market opportunity provided by each technology, this service allows technology suppliers to analyze their own customized markets consisting of multiple technologies. For example, customers can view different market scenarios by adding or removing technology markets from the analysis, providing them a Total Available Market (TAM) view of their own served market. A list of the available market growth outlook services can be seen in the list below.  

This service is designed to help product and marketing managers identify their company’s market positioning across multiple views within their Serviceable Available Market (SAM). Built upon a proprietary market model and ARC’s field proven primary research, this service helps product and marketing managers optimize their business plans by identifying how their company’s market position would change if the company were to acquire or divest a particular product line or technology. ARC’s reputation as the preeminent independent provider of competitive market benchmarking for nearly four decades lends greater weight to your business plans. ARC’s market competitive services are available in a variety of formats depending on whether you view your market opportunities via different technologies, industries, or world regions.  

In addition, ARC has a strong history of providing customized market opportunity reports and services to meet the specific needs of our clients.  For example, you may sell your products only to specific industries and/or in only one or two regions. You tell us your served markets and ARC can quickly configure a report or service designed to best serve your served market.

ARC provides several versions of these reports and services depending on your role in the organization. Executive Views are high level market competitive analyses designed to help executives quickly assess their SAM by world region, technology, or vertical industry. In-depth competitive market analyses provide marketing and product managers more detailed technology specific benchmarking information to plan marketing and product development strategies.  The following table shows more specific information included in each version. 

Competitive AnalysisUse CasesTarget Role
Worldwide Competitive Analysis by TechnologyIn-depth competitive market analysis that quantifies how your company’s market position has changed over time across multiple technologies, applications, regions, and industriesProduct & Marketing Managers
Worldwide Competitive Analysis by IndustryStrategic technology-based competitive analyses for markets defined by a single or multiple vertical industriesIndustry Managers
Regional/Country Competitive Analysis by IndustryStrategic technology-based competitive analyses for markets defined by a single or multiple world regionsRegional Sales Managers
Competitive Analysis Executive ViewStrategic Serviceable Available Market (SAM) analysis dashboard covering multiple vertical industries, technologies, and world regionsExecutives

Worldwide Research Focus Areas

Strategic Analysis

  • Executive Overview
  • Market Trends
  • Buyer Strategies
  • Supplier Strategies
  • Growth Contributors and Inhibitors

Competitive Analysis

  • Market Shares of Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Hardware
    • Software
    • Services
  • Market Shares by Industry
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Market Shares by Intelligence
    • Smart
    • Non-Smart
  • Market Shares by Transmission Method
    • Wired
    • Wireless
  • Market Shares by Sensor Type
    • Resistance Temperature Detector
    • Thermocouple
    • Universal
    • Multi-channel
  • Market Shares by Power Supply
    • 2-wire
    • 4-wire
  • Market Shares by Mounting Style
    • Field Mounting
    • Panel Mounting
    • Head Mounting
  • Market Shares by Transmitter Housing Type
  • Market Shares by Number of Head Mount Input Nodes
  • Market Shares by Fixture Type
  • Market Shares by Communication Protocol
  • Market Shares by Safety Integrity Level
  • Market Shares by Customer Type
  • Market Shares by Sales Channel

Market Forecast and Histories

  • Total Temperature Transmitters Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Hardware
    • Software
    • Services
  • Shipments by Industry
    • Chemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Shipments by Intelligence
    • Smart
    • Non-Smart
  • Shipments by Sensor Type
    • Resistance Temperature Detector
    • Thermocouple
    • Universal
    • Multi-channel
  • Shipments by Transmission Method
    • Wired
    • Wireless
  • Shipments by Power Supply
    • 2-wire
    • 4-wire
  • Shipments by Mounting Style
    • Field Mounting
    • Panel Mounting
    • Head Mounting
  • Shipments by Transmitter Housing Type
  • Shipments by Number of Head Mount Input Nodes
  • Shipments by Fixture Type
  • Shipments by Communication Protocol
  • Shipments by Safety Integrity Level
  • Shipments by Sales Channel
  • Shipments by Customer Type

Industry Participants

The research identifies all relevant suppliers serving this market.

 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

For More Information

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