Air and Water Heating Sensor Market to Register Incremental Sales Opportunity During 2021-2026

November 17, 2021

Stratview Research has recently published a report on Air and Water Heating Sensor Market segmented By Type (Air Heating Sensors, Water Heating Sensors), By End-Use (Heating, Ventilation, and Air Conditioning (HVAC), Machinery and Plant Engineering, Marine and Shipbuilding, Aerospace, Food and Beverages, Chemical and Petrochemical, Others), and Region. The objective of the market experts at Stratview Research is to conduct a thorough analysis of the ‘Air and Water Heating Sensor Market’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.

Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As a result, the report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.

Covid-19 Analysis -

Nationwide lockdowns have impacted, and halted productions, supply of raw materials sourcing disruption has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the Air and Water Heating Sensor Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.

To get a sample copy of this report, click here: https://www.stratviewresearch.com/Request-Sample/1877/air-and-water-heating-sensor-market.html#form

 

Segment-wise analysis

The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.

End-Use Trends

Based on end-use, the air and water heating sensor market is categorized into Heating, Ventilation, and Air Conditioning (HVAC), machinery and plant engineering, marine and shipbuilding, aerospace, food and beverages, chemical and petrochemical, others.

• The HVAC segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline.
• These sensors in HVAC offer reduced energy costs for heating and cooling areas that do not require constant climate control.
• Also, reduced wear & tear on HVAC equipment to decrease the need for Cypress AC repair services, further bolsters the segment growth.

Regional Trends

By region, the Asia-Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years.

• This is mainly ascribed to the strong presence of key players in China, South Korea, and Taiwan.
• Also, a robust consumer electronic base, increasing construction and HVAC activities, favourable government investments, easy availability of raw material, and strong machinery and chemical sector, further proliferate the regional market growth.

 

 

Market Insights

Growing product demand in the automation sector to check the overheating factor of the engines is one of the key factors boosting the product demand.

• These sensors are highly energy-efficient, thus is gaining traction among industry operators, building owners, regulatory agencies, and governments, and thus offers lucrative growth opportunities to the industry players.
• However, the extra cost of the product after its implementation in devices which reduces the overall life of the device is a restraining factor affecting the market growth.

 

Key Players in the Air and Water Heating Sensor Market:

The supply chain of this market comprises several nodes including raw material suppliers, seals manufacturers, tier players, aircraft and engine OEMs, airlines, aircraft leasing companies, and MRO companies.

• Campbell Scientific (The U.S),
• Carrier Corporation (The U.S),
• SENSIT s.r.o. (Czechia),
• Convectronics (The U.S),
• Danfoss (Denmark),
• Heatcon Sensors (India),
• Honeywell International (The U.S),
• Siemens (Germany), and
• SIKA Dr. Siebert & Kühn (Germany).

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Author : Harshad