India Thermocouple Market Report and Forecast 2025-2034
Market Report I 2025-08-11 I 143 Pages I EMR Inc.
The India Thermocouple Market attained a value of USD 778.32 Million in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 3.50%, to reach USD 1097.90 Million by 2034.
The Asia Pacific is a significant market in the thermocouple industry. In the Asia Pacific, the industry is dominated by China and India. The substance finds a significant proportion of its application in the Asia Pacific in processing industries like steel, cement , and glass.
Growth of the Manufacturing Sector to Aid the Thermocouple Industry Growth in India
India is a leading market for thermocouple in the Asia Pacific region. The thermocouple market in India is being driven by the growing manufacturing sector in the country. The market is being aided by the various government schemes like 'Make in India,' encouraging the expansion of industries within India and attracting investment from local and global players. The industry is being driven by the robust demand from the steel industry. India is one of the largest steel producers globally. The growth in the end-use sectors of steel like infrastructure will also propel the thermocouple industry forward. India, along with China and the US, is expected to be one of the leading construction markets in the coming years.
Thermocouple: Market Segmentation
A thermocouple comprises of two wires made of two different metal types, which are joined together to create a junction, from where temperature can be measured. They can vary in their properties like chemical resistance, temperature range, durability, vibration resistance, and application compatibility.
Based on their different product types, they can be categorised as
- Type K
- Type J
- Type R
- Other
They are made of raw materials like nickel, iron, copper, or platinum, among others. They are used in the following sectors
- Power Generation
- Energy
- Chemical and Petrochemical
- Automotive
- Metals and Mining
- Food and Beverage
- Others
By sensor type, the industry is bifurcated into
- Contact Type
- Non-Contact Type
Market Analysis
The thermocouple market in India is concentrated in the western and southern regions of the country. The industry in India is being driven by the rising infrastructural investments and the growth in urbanisation. The industry is also being aided by favourable government schemes attracting investments into the end-use sectors of thermocouples. The demand for the substance in the country is witnessing a robust growth, especially from the steel sector.
Thermocouples also find extensive application in the automotive sector, which is one of the leading application sectors of the substance globally. They are used to measure and record essential readings in the automobiles and are used in parts like spark plugs, cylinder heads, car batteries, brake discs, and exhaust gas readings, among others. Thus, the Indian market for thermocouple is also aided by the robustly growing automotive industry in the country. The country accounted for the fourth largest sales of vehicles, globally, and was the seventh largest commercial vehicles manufacturer in 2017. The rising market for e-vehicles in the country is further driving the thermocouple industry in the country. The oil and gas segment in the country is witnessing a robust growth, providing further impetus for the industry growth in the country. India is one of the largest oil refiners in the continent and is the third largest consumer of energy globally.
Key Industry Players in the India Thermocouple Market
The report gives a detailed look into the following key players in the India thermocouple market, covering their market share, capacity, and latest developments like capacity expansions, mergers, acquisitions, and investments, and plant turnarounds:
- Honeywell International Inc
- ABB Ltd.
- Tempsens Instrument Pvt. Ltd.
- General Instruments Consortium
- S.R.I Electronics
- Others
The EMR report gives an in-depth insight into the manufacturing process, including the costs involved. It assesses the market based on the Porter's Five Forces model as well as through SWOT analysis. The comprehensive report analyses the micro and macro aspects of the industry.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Regions
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 India Thermocouple Market Analysis
5.1 Key Industry Highlights
5.2 India Thermocouple Historical Market (2018-2024)
5.3 India Thermocouple Market Forecast (2025-2034)
5.4 India Thermocouple Market by Product Type
5.4.1 Type K
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Type J
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Type R
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Others
5.5 India Thermocouple Market by Raw Material
5.5.1 Nickel
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Iron
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.5.3 Copper
5.5.3.1 Historical Trend (2018-2024)
5.5.3.2 Forecast Trend (2025-2034)
5.5.4 Platinum
5.5.4.1 Historical Trend (2018-2024)
5.5.4.2 Forecast Trend (2025-2034)
5.5.5 Others
5.6 India Thermocouple Market by Sensor Type
5.6.1 Contact Type
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Non-Contact Type
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.7 India Thermocouple Market by Application
5.7.1 Power Generation
5.7.1.1 Historical Trend (2018-2024)
5.7.1.2 Forecast Trend (2025-2034)
5.7.2 Energy
5.7.2.1 Historical Trend (2018-2024)
5.7.2.2 Forecast Trend (2025-2034)
5.7.3 Chemical and Petrochemical
5.7.3.1 Historical Trend (2018-2024)
5.7.3.2 Forecast Trend (2025-2034)
5.7.4 Automotive
5.7.4.1 Historical Trend (2018-2024)
5.7.4.2 Forecast Trend (2025-2034)
5.7.5 Metals and Mining
5.7.5.1 Historical Trend (2018-2024)
5.7.5.2 Forecast Trend (2025-2034)
5.7.6 Food and Beverage
5.7.6.1 Historical Trend (2018-2024)
5.7.6.2 Forecast Trend (2025-2034)
5.7.7 Others
6 Market Dynamics
6.1 SWOT Analysis
6.1.1 Strengths
6.1.2 Weaknesses
6.1.3 Opportunities
6.1.4 Threats
6.2 Porter's Five Forces Analysis
6.2.1 Supplier's Power
6.2.2 Buyers Power
6.2.3 Threat of New Entrants
6.2.4 Degree of Rivalry
6.2.5 Threat of Substitutes
6.3 Key Indicators for Demand
6.4 Key Indicators for Price
7 Value Chain Analysis
8 Competitive Landscape
8.1 Supplier Selection
8.2 Key Global Players
8.3 Key Regional Players
8.4 Key Player Strategies
8.5 Company Profiles
8.5.1 Honeywell International Inc
8.5.1.1 Company Overview
8.5.1.2 Product Portfolio
8.5.1.3 Demographic Reach and Achievements
8.5.1.4 Certifications
8.5.2 ABB Ltd.
8.5.2.1 Company Overview
8.5.2.2 Product Portfolio
8.5.2.3 Demographic Reach and Achievements
8.5.2.4 Certifications
8.5.3 Tempsens Instrument Pvt. Ltd.
8.5.3.1 Company Overview
8.5.3.2 Product Portfolio
8.5.3.3 Demographic Reach and Achievements
8.5.3.4 Certifications
8.5.4 General Instruments Consortium
8.5.4.1 Company Overview
8.5.4.2 Product Portfolio
8.5.4.3 Demographic Reach and Achievements
8.5.4.4 Certifications
8.5.5 S.R.I Electronics
8.5.5.1 Company Overview
8.5.5.2 Product Portfolio
8.5.5.3 Demographic Reach and Achievements
8.5.5.4 Certifications
8.5.6 Others
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.