Global Magnesium Oxide Thermocouples Market Research Report 2023

SKU ID : QYR-23650032 | Publishing Date : 26-Apr-2023

Magnesium Oxide thermocouples or MGO Thermocouples, commonly referred to as Magnesium Oxide insulated thermocouples, consist of a thermocouple element inserted into a Magnesium Oxide (MgO) insulator enclosed in a metal sheath/tub probe. A magnesium oxide composition is used as the primary insulator because of its superb insulation quality for protecting against high temperature exposure. MgO has several additional attractive characteristics making it very suitable for thermocouple applications. It is fire resistant, durable, mold and mildew resistant. Any base metal thermocouple element type (J, K, T, E, and N including R, B and S types) can be used with a mineral insulated tube. The junction of the mineral insulated thermocouple can be structured as grounded, ungrounded or exposed junction type. Additionally, the MgO tube can be used with a single or multiple element construction and the insulator is available in a standard or high purity magnesium oxide insulation composition.

The global Magnesium Oxide Thermocouples market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for Magnesium Oxide Thermocouples is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Magnesium Oxide Thermocouples is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Magnesium Oxide Thermocouples include Cleveland Electric Laboratories, OMEGA, Watlow, Marsh Bellofram (TCP), Durex Industries, Chromalox, Pyromation, Honeywell and JUMO, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Magnesium Oxide Thermocouples, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnesium Oxide Thermocouples.

The Magnesium Oxide Thermocouples market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Magnesium Oxide Thermocouples market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Magnesium Oxide Thermocouples manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.


By Company


Cleveland Electric Laboratories

OMEGA

Watlow

Marsh Bellofram (TCP)

Durex Industries

Chromalox

Pyromation

Honeywell

JUMO

ARi Industries

CCPI Inc.

Yamari Industries

C-Temp International

WIKA

Okazaki Manufacturing Company

Convectronics

Furnace Parts LLC

Thermo-Kinetics

CORREGE

Thermo Sensors Corporation

Backer Marathon

GeoCorp Inc.

Peak Sensors Ltd

SensorTec Inc.


Segment by Type


Grounded Type

Ungrounded Type

Exposed Type


Segment by Application


Food & Beverages

Automotive

Power Generation

Aerospace & Defense

Pulp & Paper

Industrial Processing

Others


Production by Region



North America

Europe

China

Japan

South Korea


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Latin America

Mexico

Brazil

Core Chapters

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by type, by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Magnesium Oxide Thermocouples manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Magnesium Oxide Thermocouples by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Magnesium Oxide Thermocouples in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the key companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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