What is Global NTC and PTC Thermistors Market?
The Global NTC and PTC Thermistors Market is a vast and complex field that encompasses a wide range of products and applications. NTC (Negative Temperature Coefficient) and PTC (Positive Temperature Coefficient) thermistors are types of resistors with resistance that changes significantly with temperature. NTC thermistors, as the name suggests, have a negative temperature coefficient, meaning their resistance decreases as temperature increases. On the other hand, PTC thermistors have a positive temperature coefficient, meaning their resistance increases with increasing temperature. These thermistors are used in a variety of applications due to their sensitivity to temperature changes, making them ideal for temperature sensing and control applications.
NTC Thermistor, PTC Thermistor in the Global NTC and PTC Thermistors Market:
NTC and PTC thermistors are used in a wide range of industries and applications. In the consumer electronics industry, they are used in devices such as smartphones, laptops, and televisions to monitor and control temperature, ensuring these devices operate safely and efficiently. In the medical instruments field, thermistors are used in devices like digital thermometers and medical sensors to accurately measure body temperature. In the automotive industry, they are used in various systems such as engine cooling systems, air conditioning systems, and battery management systems to monitor and control temperature. In the home appliance industry, thermistors are used in appliances like refrigerators, air conditioners, and ovens for temperature control. In the industrial equipment sector, they are used in machinery and equipment to prevent overheating. In the aerospace and defense industry, thermistors are used in various systems to monitor and control temperature in harsh and extreme environments. Lastly, in other industries, thermistors are used in a variety of applications where accurate temperature sensing and control is required.
Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, Others in the Global NTC and PTC Thermistors Market:
The global NTC and PTC Thermistors market is showing promising growth. In 2022, the market was valued at US$ 948.1 million and it is projected to reach US$ 1283.6 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period from 2023 to 2029. When we look at the product breakdown, NTC thermistors make up the largest segment, accounting for over 65% of the market. In terms of application, consumer electronics is the largest segment, making up over 30% of the market. This data indicates a strong demand for these thermistors in various industries and applications, and this demand is expected to continue to grow in the coming years.
Global NTC and PTC Thermistors Market Outlook:
Please note that this information is based on the current market outlook and does not include any predictions or market share data beyond what has been shared. The market dynamics can change due to various factors, and it is always recommended to refer to the latest market research reports for the most accurate and up-to-date information.
| Report Metric | Details |
| Report Name | NTC and PTC Thermistors Market |
| Accounted market size in 2023 | US$ 981.7 million |
| Forecasted market size in 2029 | US$ 1283.6 million |
| CAGR | 4.6 |
| Base Year | 2023 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Sales by Region |
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| By Company | Thinking Electronic, TE Connectivity, Polytronics, TDK, Shibaura, Shiheng Electronics, Semitec Corporation, Vishay, Amphenol Advanced Sensors, Mitsubishi, Murata, Wayon, KYOCERA AVX, Fenghua Electronics, Bourns, Panasonic, Fuzetec, Lattron, Sea & Land, Ametherm, Keter, Littelfuse, Sinochip Electronics, E WAY Technology, EXSENSE Electronic, Tewa Temperature Sensors, TAYAO Technology, JOYIN, KOA, Elscott Manufacturing |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
