Competitive Market Growth, Size, Share and Forecast to 2028 for Negative Temperature Coefficient (NTC) Thermistor Market, By Product Type (SMD Thermistors, Chip Thermistors, Leaded Thermistors, Disc Thermistors, Bead Thermistors, Others); By Type (Resin Coated, Glass Encapsulated); By Application (Automotive (Hybrid, Electric & Powertrain Systems, Autonomous Driver Assistance Systems (ADAS), Infotainment & Clusters, LED Headlight, Others), Consumer Electronics & Home Appliances (Wearable, Smartphones, Sound Systems, Refrigerators, Air Conditioners, Microwaves And Ovens, Others), Medical Device (Dialysis Equipment, Wearable & Patient Monitoring, Others), Environmental Protection, Aerospace, Industrial, Others); By Distribution Channel (Online, Offline)
The Negative Temperature Coefficient (NTC) Thermistor Market will reach USD 325.10 million by 2028 at a CAGR of 2.64% , according to the Absolute Markets Insights Comprehensive Research Report titled Negative Temperature Coefficient (NTC) Thermistor Market
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Coefficient of negative temperature thermistors, referred to as NTC Thermistors, are resistors that are utilised as temperature sensors and current limiters. They are used in a variety of applications that involve monitoring and managing engine temperature because they are temperature-dependent resistors. The advancement of modern industrialisation has increased the demand for NTC thermistors due to its smaller size, increased stability, improved high-temperature test results, and so forth. Moreover, the manufacturers in the market are incorporating advanced technologies to commercialize NTC thermistors. For instance, Murata has improved and commercialised its NXF line of thermal string type NTC thermistors with flexible leads. This product is designed for usage in consumer electronics and automotive onboard equipment. Thus, with such advancements and commercialization the negative temperature coefficient (NTC) thermistor market is experiencing tremendous growth globally.
The term Negative Temperature Coefficient (NTC) Thermistor Market is influenced by a number of variables, including forward/backward integration, economies of scale, the proportion of different distribution channels, elements influencing consumer behavior, such as brand loyalty, price, and accessibility of the product, capital investments, the regulatory environment, production rights and patents, marketing strategies, and other client preferences. The stakeholders in the industry will probably find this knowledge valuable, and it may even motivate them to take action.
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Negative Temperature Coefficient (NTC) Thermistor Market Competitive Landscape:
The prominent companies in the Negative Temperature Coefficient (NTC) Thermistor Market are:
Emerson Electric Co
GUANGDONG TONZE ELECTRIC CO.,LTD
Honeywell International Inc
KYOCERA AVX Components Corporation
Microchip Technology Inc
Mitsubishi Materials Corporation
Murata Manufacturing Co., Ltd.
Quality Thermistor, Inc
Sensor Scientific, Inc
Sinochip Electronics Co.,LTD
Texas Instruments Incorporated.
Other Market Participants
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Negative Temperature Coefficient (NTC) Thermistor Market Regional Insights
North America held the highest share in the global negative temperature coefficient (NTC) thermistor market in the year 2020. The market is being driven by an increase in application in advanced and portable healthcare equipment, demand for temperature sensors in the automotive sector due to their compact size and better reaction rate, and acceptance in home and building automation systems. Moreover, leading market participants in the region are looking forward to launch new products with enhanced capabilities to improve device accuracy and overall operational efficiency. Thus, advanced technologies along with research and development, manufacturers are introducing advanced NTC thermistors in the North America negative temperature coefficient (NTC) thermistor market.
The report provides a comprehensive examination of a number of factors, including the distribution of the Negative Temperature Coefficient (NTC) Thermistor Market in significant geographic areas. North America, Europe, Asia-Pacific, and Latin America are the key geographical emphasis areas of the study.
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- The Negative Temperature Coefficient (NTC) Thermistor Market study was constructed using a comprehensive and modern research approach.
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In the research report for the Negative Temperature Coefficient (NTC) Thermistor Market study, extensive historical data and analysis are presented.
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Negative Temperature Coefficient (NTC) Thermistor Market Segmentation:
Based on the makeup of the product and the intended use for which it is to be used, various divisions have been made within the Negative Temperature Coefficient (NTC) Thermistor Market market. The growth rate and market share of each market segment are assessed. The experts have also investigated prospective areas where the producers could make money in the ensuing years. Thanks to the accurate volume and value estimates provided by the geographical analysis, market participants can better understand the entire industry.
Global Negative Temperature Coefficient (NTC) Thermistor Market
- By Product Type
- SMD Thermistors
- Chip Thermistors
- Leaded Thermistors
- Disc Thermistors
- Bead Thermistors
- By Type
- Resin Coated
- Glass Encapsulated
- By Application
- Hybrid, Electric & Powertrain Systems
- Autonomous Driver Assistance Systems (ADAS)
- Infotainment & Clusters
- LED Headlight
- Consumer Electronics & Home Appliances
- Sound Systems
- Air Conditioners
- Microwaves and Ovens
- Medical Devices
- Dialysis Equipment
- Wearable & Patient Monitoring
- Environmental Protection
- By Distribution Channel
Global Negative Temperature Coefficient (NTC) Thermistor Market by Region Negative Temperature Coefficient (NTC) Thermistor Market
- North America
- Rest of North America
- Nordic Countries
- Benelux Union
- The Netherlands
- Rest of Europe
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
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