Temp. Instruments to Hit $4.5 Bil. In 2012

Oct. 16, 2006

Positive global economic conditions, robust growth in emerging economies in Asia, Eastern Europe, and Latin America, and the need for energy and production efficiency are boosting demand for temperature


Positive global economic conditions, robust growth in emerging economies in
Asia, Eastern Europe, and Latin America, and the need for energy and production efficiency are boosting demand for temperature sensors and transmitters, according to a study by Frost & Sullivan (www.frost.com). The study, titled World Temperature Sensors and Transmitters Markets, predicts the market will grow $2.93 billion in 2005 to $4.50 billion in 2012.

Higher foreign direct investment, falling trade barriers, upgrades of existing facilities, and low labor costs are expected to encourage higher investment in newly industrialized nations, creating demand for temperature sensors. Greater automation among both local and multinational companies is expected to drive the market significantly.

Sponsored Recommendations

Learn About: Micro Motion™ 4700 Config I/O Coriolis Transmitter

An Advanced Transmitter that Expands Connectivity

Micro Motion 4700 Coriolis Configurable Inputs and Outputs Transmitter

The Micro Motion 4700 Coriolis Transmitter offers a compact C1D1 (Zone 1) housing. Bluetooth and Smart Meter Verification are available.

Keys to Improving Safety in Chemical Processes

Many facilities handle dangerous processes and products on a daily basis. Keeping everything under control demands well-trained people working with the best equipment.

Micro Motion™ G-Series Coriolis Flow and Density Meter

Micro Motion G-Series: market-leading compact design featuring advanced process diagnostic capability.