Static Air Temperature Sensors Market
Static Air Temperature Sensors Market
The market for Static Air Temperature Sensors was estimated at $372.00 million in 2024; it is anticipated to increase to $600 million by 2030, with projections indicating growth to around $894 million by 2035.
Global Static Air Temperature Sensors Market Outlook
Revenue, 2024 (US$M)
Forecast, 2034 (US$M)
CAGR, 2024 - 2034
Market Key Insights
- The Static Air Temperature Sensors market is projected to grow from $372.0 million in 2024 to $825 million in 2034. This represents a CAGR of 8.3%, reflecting rising demand across Aircraft Instrumentation, Weather Forecasting Stations and Automotive.
- Honeywell International Inc. and General Electric Company and Rockwell Collins Inc. lead the market as major competitors that determine its competitive dynamics.
- U.S. and Germany are the top markets within the Static Air Temperature Sensors market and are expected to observe the growth CAGR of 6.1% to 8.7% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 8.0% to 10.4%.
- The Static Air Temperature Sensors market will receive a $61.7 million boost from Transition like Rising Demand Due To Climate Control Systems by 2030.
- The Static Air Temperature Sensors market is set to add $454 million between 2024 and 2034, with manufacturer targeting Aviation & Industrial Process Control Application projected to gain a larger market share.
- With Rising demand in meteorology and climatology, and Expansion of iot and smart home devices, Static Air Temperature Sensors market to expand 122% between 2024 and 2034.
Opportunities in the Static Air Temperature Sensors
The market for air temperature sensors could also see advantages from forming partnerships, between companies and technology firms specializing in sensor technologies. These collaborations have the potential to drive the advancement of sensor technologies and speed up market expansion. Furthermore reaching out to research institutions can spur creativity. Strengthen the market position of manufacturers in this field.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising demand in meteorology and climatology, and Growth in the Aviation Industry
Restraint: High Manufacturing Cost
Opportunity: Advancements in Aerospace Applications and Expanding IoT-based Weather Forecasting Systems
Challenge: Technological Complexities
Supply Chain Landscape
Honeywell
Siemens
Bosch
Texas Instruments
Omega Engineering
Johnson Controls
Aerospace
Aviation
HVAC Industries
Honeywell
Siemens
Bosch
Texas Instruments
Omega Engineering
Johnson Controls
Aerospace
Aviation
HVAC Industries