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Thermistor Temperature Sensors Market Size & Share - Industry Trends and Forecast 2017 - 2025

05-14-2018 09:41 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: MarketResearchReports.biz

Thermistor Temperature Sensors Market Size & Share - Industry

The report analyzes and presents an overview of "Thermistor Temperature Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Thermistor Temperature Sensors" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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A thermistor, or a thermally sensitive resistor, is a type of resistor whose resistance is dependent on the temperature. It is a two-terminal solid state thermally sensitive transducer manufactured from sensitive semiconductor-based metal oxides with sintered or metallized connecting leads onto a ceramic bead or disc. This design allows the product to change its resistance value in proportion to small changes in temperature. The word ‘thermistor’ is a combination of two words: thermal and resistor.

Thermistors are among the more commonly used temperature sensors. Other types of sensors include thermocouples, thermometer integrated circuits (ICs), and resistance temperature detectors (RTDs). Thermistors are used more because of their advantages over other types of temperature sensors. These advantages include lower cost, durability, and smaller size; hence, they are portable. However, several factors limit the growth of the thermistor temperature sensors market. They are slow response time and nonlinear output.

Based on type of thermistors, the thermistor temperature sensors market can be segmented into negative temperature coefficient (NTC) thermistors and positive temperature coefficient (PTC) thermistors. NTC thermistors show a drop in their resistive value when the operating temperature around them increases. On the contrary, PTC thermistors exhibit an increase in their resistive value, when the operating temperature around them increases. NTC thermistors account for major share of the market, as they can be used in a majority of equipment where temperature has a role to play.

In terms of application, the thermistor temperature sensors market can be divided into temperature monitoring, temperature control, and others. The temperature monitoring segment holds key share of the market, as temperature monitoring can be used in many industries and works especially well in the lower ranges of temperature. The temperature control segment plays an important role in preventing damage to machinery and factories. The others segment constitutes negligible share of the market. It includes the use of the equipment in the form of self-regulating heating elements and self-resetting overcurrent protectors.

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In terms of end-user industry, the thermistor temperature sensors market can be segregated into transportation, industrial, military, and others. Demand for thermistors is high in transportation and industrial segments. However, it also has widespread use in the military sector and the space industry (including satellites, launch vehicles, space tourism, and other equipment).

In terms of region, the thermistor temperature sensor market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific, Latin America, and Middle East & Africa are expected to account for large share, considering the market is largely driven by the industrial sector. North America and Europe are mature markets and their growth prospects are expected to be limited during the next few years.

Leading manufacturers of thermistors in the world are Murata Manufacturing Co. Ltd., Mouser, QTI Sensing Solutions, TEWA Electronics Group, Thermo Sensors Corporation, Siemens Process Instrumentation, Backer Howatt Inc., Sentrion Corporation, US Sensor Corp., Semitec USA Corp., Sen Tech Co. Ltd., and Shenzhen DXM Technology Co., Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

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