A thermocouple is a sensor for measuring temperature that consists of two dissimilar metals that are joined together at the sensing end. Different thermocouple types (e.g. J, K, T, E, etc) use different mixtures of metals in the wire. At the cjc (cold junction compensation) end, the millivolt value provided by the thermocouple represents the difference in temperature of the sensing end as compared to the cjc end (also called the reference end). Alternatively, a thermocouple wire is a temperature-measuring instrument consisting of two wires of different metals joined at each end. One junction is placed where the temperature is to be measured, and the other is kept at a constant lower (reference) temperature. A measuring instrument is connected in the electrical circuit. The temperature difference causes the development of an electromotive force (EMF) that is approximately proportional to the difference between the temperatures of the two junctions. Temperature can be read from standard tables, or the instrument can be calibrated to display temperature directly
According to our (Global Info Research) latest study, the global Thermocouple Wire market size was valued at USD 982.2 million in 2022 and is forecast to a readjusted size of USD 1319.5 million by 2029 with a CAGR of 4.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Asia-Pacific is the largest Thermocouple Wire market with about 34% market share. North America is follower, accounting for about 27% market share.
The key players are TE Wire＆Cable, Johnson Matthey, Heraeus, Sandvik (Kanthal), BASF, OMEGA Engineering, Belden, Pelican Wire, National Instruments, Indutrade (Pentronic), Pyromation, Dwyer Instruments, Tempco, Durex Industries, Marlin Manufacturing Corporation, Multi/Cable Corporation, Ellab, Temprel, Thermo-Electra, Hayashidenko etc. Top 3 companies occupied about 13% market share.
This report is a detailed and comprehensive analysis for global Thermocouple Wire market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
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The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Thermocouple Wire
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Thermocouple Wire market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TE Wire＆Cable, Johnson Matthey, Heraeus, Sandvik (Kanthal) and BASF, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Major players covered
TE Wire＆Cable
Johnson Matthey
Heraeus
Sandvik (Kanthal)
BASF
OMEGA Engineering
Belden
Pelican Wire
National Instruments
Indutrade (Pentronic)
Pyromation
Dwyer Instruments
Tempco
Durex Industries
Marlin Manufacturing Corporation
Multi/Cable Corporation
Ellab
Temprel
Thermo-Electra
Hayashidenko
Market Segmentation
Thermocouple Wire market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Thermocouple Wire product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Thermocouple Wire, with price, sales, revenue and global market share of Thermocouple Wire from 2018 to 2023.
Chapter 3, the Thermocouple Wire competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Thermocouple Wire breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Thermocouple Wire market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Thermocouple Wire.
Chapter 14 and 15, to describe Thermocouple Wire sales channel, distributors, customers, research findings and conclusion.
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