The global demand for NTC Thermistors Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Negative Temperature Coefficient Thermistors usually called NTC Thermistors are resistors used as temperature sensors and current-limiting devices. Since they are temperature-dependent resistors they are used in many applications that involve monitoring and controlling of engine temperature. Due to its high accuracy, they are used in a fire alarm system, biomedical system, automotive devices, electronic devices, and aerospace devices. The striking qualities are low cost, longevity, high customisability. The thermal and electrical properties need to be studied carefully while using these thermistor to achieve desired applications. Thermistors are immune to electric noise and are used in many consumer products like microwave, rechargeable batteries, refrigerator, etc.
The NTC Thermistors market is expected to grow at a faster pace since they are an integral part of many types of equipment where temperature plays a role. Since temperature monitoring and control are used across a wide gamut of industries and there is an increase in investment across these sectors, the thermistor market is set to grow at an alarming rate. The major hindrance to their market growth is the fact that these resistors are unsuitable for a wide temperature range and require special shielded lines owing to their high resistance.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of NTC thermistors.
The entire NTC thermistors market has been sub-categorized into Types and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Radial Type
- Diode Type
- Wire Bonding Type
- Film Type
- SMD Type
- Wire Type
- Chip in Glass Type
- Consumer Electronics
- Medical Instruments
- Home Appliance
- Industrial Equipment
- Aerospace and Defense
This section covers regional segmentation which accentuates on current and future demand for NTC thermistors market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global NTC Thermistors Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the NTC thermistors market include Thinking Electronic, Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata, Panasonic, Fenghua Electronics, Lattron, Others. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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