Thermistor Temperature Sensor Market 2022 Global Industry Analysis, Size, Share, Growth and Forecast 2028 | Texas Instruments Incorporated, Panasonic Corporation

Thermistor Temperature Sensor Market With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and a holistic assessment of market conditions in the future term, this market research study keeps a close eye on major rivals. It's a thorough research that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. The Thermistor Temperature Sensor market also examines significant players, major collaborations, mergers and acquisitions, as well as current innovation and corporate strategies.

The thermistor temperature sensor market is expected to register a CAGR of 7.5% over the forecast period (2022 - 2027).

Top Key Players are covered in this report: Texas Instruments Incorporated, Panasonic Corporation, Emerson Electric Company, Honeywell International Inc., KOA Corporation, Lattron Company Limited, Mitsubishi Materials Corporation, Ohizumi Manufacturing Company Limited, Shibaura Electronics Co. Ltd, TE Connectivity

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Recent Developments:

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.

Key Market Trends:

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.

- Moreover, the growing number of data centers, smart offices, special economic zones (SEZ), warehouses, and malls, among others, is driving the demand for HVAC systems in the region. The growing number of data centers, especially in developing countries, is fueling the demand for the market studied, as thermistor-based sensors are evolving as integral units for HVAC systems.

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Key market aspects are illuminated in the report:

Executive Summary: It covers a summary of the most vital studies, the Global Thermistor Temperature Sensor market increasing rate, modest circumstances, market trends, drivers and problems as well as macroscopic pointers.

Study Analysis: Covers major companies, vital market segments, the scope of the products offered in the Global Thermistor Temperature Sensor market, the years measured, and the study points.

Company Profile: Each company in this market sector is screened based on its goods, value, SWOT analysis, capacity, and other key characteristics.

Manufacture by region: This Global Thermistor Temperature Sensor Market report offers data on imports and exports, sales, production and key companies in all studied regional markets

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