Profit for the Thermocouple Manufacturing industry is expected to trend higher, however, rising input costs, particularly nickel, is expected to slightly hamper growth prospects. As the world price of nickel increases, industry operators will either decide to absorb additional costs themselves or pass along costs to downstream markets in the form of higher selling prices. Nevertheless, industry revenue is expected to increase over the next five years.
This industry manufactures thermocouples, which are devices that consist of two different conductors (usually metal alloys) that produce a voltage proportional to a temperature difference between either end of the pair of conductors.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.