Laboratory & Healthcare Products & Services

Temperature Measurement Instrumentation: Market Size, Growth & Forecast to 2030

The Temperature Measurement Instrumentation market is valued at about $1.87 billion (2026) and is projected to grow at a 8.9% CAGR through 2030. The largest cost driver is Raw Materials and Metals (Platinum, Stainless Steel, Copper) (40% of spend). Asia Pacific leads demand at 36%.

Market size
$1.87 bn (2026)
CAGR to 2030
+8.9%
Buyer power
Favours buyers
Tracked suppliers
150

Projected market growth to 2030

Market size index, 2026 = 100, at the 8.9% CAGR.

1531351181001002026108.92027118.62028129.12029140.62030153.22031

Cost structure

Raw Materials and Metals (Platinum, Stainless Steel, Copper)
40%
Direct Manufacturing Labor and Assembly
25%
Electronic Components and Semiconductors
15%
Factory Overhead and Quality Control Testing
12%
Logistics and Outbound Packaging
8%

Regional demand split

Asia Pacific demand
36%
North America demand
30%
Europe demand
23%
Rest of world demand
11%

Key suppliers

Emerson Electric Co.Honeywell International Inc.Endress+Hauser GroupWIKA Alexander Wiegand SE & Co. KGABB Ltd.TE Connectivity Ltd.
Read the full Temperature Measurement Instrumentation report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/temperature-measurement-instrumentation