What is Global NTC Thermistors Market?
The Global NTC Thermistors Market is a vast and dynamic sector that deals with the production, distribution, and sale of Negative Temperature Coefficient (NTC) thermistors. These are a type of resistor whose resistance decreases as the temperature increases, making them essential components in a variety of electronic devices. They are used in a wide range of applications, from temperature sensing and control in consumer electronics to more complex uses in automotive, medical, and industrial equipment. The market is driven by the increasing demand for these components in various sectors, and the continuous advancements in technology that are leading to the development of more efficient and reliable NTC thermistors. However, the market also faces challenges such as the need for high initial investment and the complexity of the manufacturing process. Despite these challenges, the Global NTC Thermistors Market continues to grow, driven by the increasing demand for these components in various sectors and the continuous advancements in technology.
Radial Type, Diode Type, Wire Bonding Type, Film Type, SMD Type, Wire Type, Chip in Glass Type in the Global NTC Thermistors Market:
The Global NTC Thermistors Market is segmented into several types based on their design and construction. These include Radial Type, Diode Type, Wire Bonding Type, Film Type, SMD Type, Wire Type, and Chip in Glass Type. Each type has its own unique features and advantages, making them suitable for different applications. For instance, Radial Type thermistors are known for their high resistance and temperature coefficient, making them ideal for temperature sensing applications. On the other hand, Diode Type thermistors are used in applications that require high-speed switching and low forward voltage drop. Wire Bonding Type thermistors are used in applications that require high reliability and long-term stability, while Film Type thermistors are used in applications that require high precision and stability. SMD Type thermistors are used in surface mount applications, while Wire Type thermistors are used in applications that require high resistance and temperature coefficient. Finally, Chip in Glass Type thermistors are used in applications that require high reliability and long-term stability. Each type has its own unique features and advantages, making them suitable for different applications.
Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, Others in the Global NTC Thermistors Market:
The Global NTC Thermistors Market finds its usage in a wide range of sectors including Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, and Others. In the Consumer Electronics sector, NTC thermistors are used in devices like smartphones, laptops, and televisions for temperature sensing and control. In the Medical Instruments sector, they are used in devices like thermometers and blood pressure monitors for accurate temperature measurement. In the Automotive sector, they are used in systems like engine control units and air conditioning systems for temperature monitoring and control. In the Home Appliance sector, they are used in appliances like refrigerators and air conditioners for temperature sensing and control. In the Industrial Equipment sector, they are used in equipment like industrial ovens and furnaces for temperature monitoring and control. In the Aerospace & Defense sector, they are used in systems like avionics and missile guidance systems for temperature monitoring and control. Lastly, in the Others sector, they are used in a variety of other applications that require accurate temperature measurement and control.
Global NTC Thermistors Market Outlook:
The Global NTC Thermistors Market has shown significant growth in recent years. In 2022, the market was valued at US$ 623.2 million and is expected to reach US$ 757.8 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.8% during the forecast period of 2023-2029. The market is dominated by Thinking Electronic, which holds a 16% share of the market revenue. Other key players include Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata, and Panasonic. These top 10 companies account for 69% of the market revenue. The largest market for NTC Thermistors is in the Asia Pacific region, which holds about 71% of the market volume. The SMD Type thermistor holds a 26% share of the market.
| Report Metric | Details |
| Report Name | NTC Thermistors Market |
| Accounted market size in 2022 | US$ 624.6 million |
| Forecasted market size in 2029 | US$ 756 million |
| CAGR | 2.8% |
| Base Year | 2022 |
| 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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| Consumption by Region |
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| By Company | Thinking Electronic, Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata, Panasonic, Fenghua Electronics, Lattron, TE Connectivity, Ametherm, Amphenol Advanced Sensors, Littelfuse, Sinochip Electronics, E WAY Technology, EXSENSE Electronic, Tewa Temperature Sensors, TAYAO Technology, JOYIN, Elscott Manufacturing, KOA, Sen Tech, Mingjia Electric, Zhengli Group, UNIX TECH |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
