Press release
NTC Thermistor Sensor Market Booming by Size, Revenue, Trend and Top Growing Companies 2021-2027 - Thinking Electronic, Shibaura, TDK
The “NTC Thermistor Sensor” report provides details on the latest recent developments, trade regulations, import-export analysis, analysis of production, value chain optimization, market share, the impact of players on the national and localized market, analysis of opportunities in terms of emerging income pockets, changes in market regulations, strategic analysis of the market growth, market size, market growth of categories, application and domain niches, product approvals, product launches, geographic expansions, technological innovations in the market.“The NTC Thermistor Sensor Market is predicted to register a CAGR of 7.55% over the forecast period 2021 – 2027.”
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Key Competitors of the NTC Thermistor Sensor market is: Thinking Electronic, Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, TE Connectivity, Lattron, Amphenol Advanced Sensors, Littelfuse, Sinochip Electronics, E WAY Technology, Tewa Temperature Sensors, JOYIN, Elscott Manufacturing, KOA, Sen Tech, Mingjia Electric, Zhengli Group, UNIX TECH
Market Overview
Temperature sensing has become the largest application market for thermistors in recent years, with thermistors becoming the second-most used temperature sensors in various industries. The market for thermistors is dominated by NTC thermistors and functions with high-volume ceramic semiconductor manufacturing, catering substantially to several subsidized end users, like automotive, military, oil and gas, food, and beverages, and healthcare, among others.
According to Murata manufacturing co. Ltd “the thermistor market is dominated by NTC type, which has a share of about 70% and PTC has a share of about 30%.”
This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the NTC Thermistor Sensor market within the upcoming years.
NTC Thermistor Sensor market report introduces some features and provides a basic view of the most players. In this report provides a comprehensive and in-depth review of the market. The players are likewise presenting newer product varieties within the market to reinforce the merchandise portfolio by embracing the new innovation and completing it in their business.
The NTC Thermistor Sensor market is often split supported product types, major applications, and important countries as follows:
Major Types covered are:
Radial Type
Diode Type
Wire Bonding Type
Film Type
SMD Type
Wire Type
Others
Major Applications covered are:
Consumer Electronics
Medical Instruments
Automotive
Home Appliance
Industrial Equipment
Aerospace & Defense
Others
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Key Market Trends
Automotive Segment is Expected to Hold Significant Market Share
Thermistor temperature sensors have been used in the automotive industry since the last few decades for sending signals to gauges and now to electric controls. As the system complexity increased, the number of types of temperature sensors increased, and the performance requirements also increased. The primary reasons behind the adoption growth of thermistor temperature sensors in the industry are mandates, technical advancements, and customer requirements.
Regional market NTC Thermistor Sensor (regional production, demand and forecast by country):
Asia-pacific is Expected to Witness Significant Growth
The demand for thermistors in the Asia-Pacific region is increasing with the changing automotive landscape, as many countries are adopting electric mobility solutions. According to the China Association of Automobile Manufacturers (CAAM), in April 2020, 51,000 battery electric vehicles, 20,000 plug-in hybrid electric vehicles, and 73 Fuel-cell vehicles were sold in China. The battery-electric vehicle sales increased by 11,000 in April, from 40,000 in March 2020.
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And more.
The inquire approximately record considers the past, display, and destiny execution of the global market. The record advances investigations the display aggressive situation, most important trade models, and consequently the possibly headways in services with the aid of using crucial gamers inside the upcoming years.
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Competitive Landscape
Feb 2020 - Texas Instruments expanded its temperature sensing portfolio with the addition of linear thermistors that will deliver up to 50% higher accuracy than the NTC thermistors. The higher accuracy of the product enables operation closer to the thermal limits of the other components and the overall system, primarily helping the engineers in maximizing performance while reducing bill-of-materials (BOM) and total solution cost.
Report Features:
To project the worth and sales volume of the NTC Thermistor Sensor market, with reference to key regions.
To analyses competitive developments like expansions, agreements, new product launches, and acquisitions within the market.
To study and analyses the global NTC Thermistor Sensor market size (value & volume) by company, key regions, products, and end-user, breakdown data from The Last Five Years, and forecast to 2027.
to know the structure of the NTC Thermistor Sensor market by identifying its various sub-segments.
To percentage targeted records approximately the important thing elements influencing the enlargement of the market (increase potential, opportunities, industry-particular challenges, and risks).
Report Customization:
The Global NTC Thermistor Sensor Market report may be modified to meet your specific business needs. Because we understand what our clients want, we offer 25% customization for any of our MarketIntelligenceData reports at no additional cost to all or any of our clients.
Contact Us:
Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
Mail to: sales@marketintelligencedata.com
About Us:
Market intelligence data could also be a worldwide front-runner within the research industry, offering contextual and data-driven research services to customers. Customers are supported in developing commercial enterprise plans and reaching long-time period achievement of their respective marketplaces through the organization. The enterprise offers consulting services, Market Intelligence Data studies, and customized studies reports.
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