We are monitoring the impact of COVID-19 on Thermistor Temperature Sensors Market Get in touch with us for detailed analysis Know More
Share on

Thermistor Temperature Sensors Market Segmented By Type (Negative Temperature Coefficient (NTC) Thermistors and Positive Temperature Coefficient (PTC) Thermistors), By Application (Temperature Monitoring, Temperature Control, and Others), By End User Industry (Transportation, Industrial, Military, and Others) and Region - Industry Forecast of 2022 to 2027

Published: January, 2022
ID: 10916
Pages: 175

Thermistor Temperature Sensors Market Size (2022 - 2027):

The global thermistor temperature sensors market was valued at USD$ 85 Million in 2021 and is predicted to reach USD$ 91.2 million by 2027, rising at a CAGR of 3.39% over the projection period.

A thermistor, or thermosensitive resistor, is a type of resistor whose resistance depends on temperature. This is a two terminal solid state heat sensitive transducer made of semiconductor based sensitive metal oxides with sintered or metallized lead wires on a ceramic disc or bead.

This design lets the product to change its resistance worth in proportion to little changes in temperature. The word "thermistor" is a combination of two words: thermal and resistance.Thermistors are one of the most widely employed temperature sensors. Thermistors are employed more because of their advantages over other types of temperature sensors. These advantages include lower cost, durability, and smaller size; therefore, they are portable.

Market Trends:

A trend towards automation has been identified as one of the top trends in end user industries. The consumption of thermistor temperature sensors is escalating at a rapid rate in all verticals that are predicted to influence the call for thermistors. The call for thermistors is dominated by NTC thermistors with the manufacture of high-volume ceramic semiconductors. The introduction of innovative healthcare technologies in major economies and the call for thermistors in applications such as intelligent patient monitoring systems are driving the expansion of the worldwidethermistor temperature sensors market. On the other hand, fluctuations in commodity prices are predicted to limit the globalthermistor temperature sensors market during the conjecture period. Nevertheless, the thermistor temperature sensors market is highly competitive due to the presence of several major players that supply their products to national and international companies.

Market Drivers:

As the complexity of the system increased, the number of types of temperature sensors increased and the performance requirements increased as well. With technological changes in the automotive industry, the worldwidecall for connected and autonomous vehicles is seeing call increase, and with it, suppliers are highly developing industry-specific solutions. For example, in February 2020, Texas Instruments expanded its portfolio of temperature sensors to include linear thermistors with up to 50% more accuracy compared to NTC thermistors. Additionally, it is one of the smallest commercially available linear thermistors on the market. These aspects are considered as the principal factor promoting the growth in the global thermistor temperature sensors market.

Market Restraints:

Several factors are limiting the expansion of the thermistor temperature sensors market such as slow response time and non-linear output.

Market Opportunities:

Rising technologies for healthcare businesses in significant economies and rising applications, like smart patient monitoring systems, are significant factors driving the expansion of the thermistor temperature sensors market throughout the foreseen period. NTC thermistor probes in the healthcare sector are generally employed as resistance thermometers. In addition, with the emergence of COVID-19, companies are unable to export their goods or import raw materials for production because most of the materials for the production of electronic components are made in China. Additionally, electronics company partners are reducing orders by 30-50% in various regions.

THERMISTOR TEMPERATURE SENSORS MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2021 – 2027

Base Year

2021

Forecast Period

2022 - 2027

CAGR

3.39%

Segments Covered

By Type, Application, End User Industry, and Region.

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

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 and Others.

 

Market Segmentation:

Thermistor Temperature Sensors Market - By Type:

  • Negative Temperature Coefficient (NTC) Thermistors
  • Positive Temperature Coefficient (PTC) Thermistors

NTC thermistors show a drop in their resistive value as the operating temperature around them increases. In contrast, PTC thermistors exhibit an increase in their resistive value as the operating temperature around them increases. NTC thermistors represent an important part of the thermistor temperature sensors market, since they can be employed in most equipment where temperature plays an important role.

Thermistor Temperature Sensors Market - By Application:

  • Temperature Monitoring
  • Temperature Control
  • others

The temperature monitoring segment has a key share of the thermistor temperature sensors market, as it can be employed in many industries and performs especially well in lower temperature ranges. The temperature control segment plays an important role in preventing damage to machines and factories. The other segment constitutes a negligible part of the thermistor temperature sensors business. It includes the use of equipment in the form of self-regulating heating elements and overcurrent protectors with auto-reset.

Thermistor Temperature Sensors Market - By End User Industry:

  • Transportation
  • Industrial
  • Military
  • Others

The call for thermistor temperature sensors is high in the transportation and industrial segments. However, it is also widely employed in the military and space industries (including satellites, launchers, space tourism, and other equipment).

Regional Analysis:

The Thermistor Temperature Sensors Market Report includes the segmentation of Regions:

  • North America 
  • Europe 
  • Asia Pacific
  • Latin America 
  • Middle East & Africa 

Asia-Pacific, Latin America, and the Middle East and Africa are predicted to account for a significant share as the thermistor temperature sensors market here is largely driven by the industrial sector. North America and Europe are mature markets and their expansion prospects are predicted to be limited in the coming years. The Asia Pacific region dominated the worldwidethermistor temperature sensors market in 2019 and is foreseen to grow at a CAGR of xx% over the outlook period.

The region is expected to offer the most promising opportunities for major players during the forecast period, driven by the rapid expansion of the semiconductor and electronics industries and manufacturing. The expansion of the commercial sector is driving call for HVAC systems. The expansion in the adoption of HVAC systems is predicted to increase the call for thermistor temperature sensors. China's Internet data centers are predicted to grow, reaching 22 times that of the United States, or at least 10 times the current space of Japan. Since the region dominates the worldwide HVAC market, it offers a great opportunity for the thermistor temperature sensors market. Additionally, the escalating number of manufacturing plants, where temperature plays a major role, is believed to drive the adoption of HVAC systems, subsequently escalating the call for NTC thermistors in the region.

Impact of COVID-19 on Thermistor Temperature Sensors Market:

A drop in worldwidecall for coal and electricity slowed the rally, followed by oil and gas. Fossil fuels that were already under pressure from surplus-induced low prices were further affected by prolonged shutdowns that caused people to work and learn from home and use less road or air transportation. Millions of individuals have lost their works, homes and businesses. The major change brought about by the pandemic has been an escalated dependence on digital areas. All of this impact electricity consumption, fuel consumption and releases. Some believe these direct impacts on energy consumption, mobility and the environment are unlikely to last, while others say they could trigger a worldwide transition to a low-carbon, low-carbon economy contacts. For oil and gas companies, whose financial results have already been affected by low fuel prices, this means taking all necessary measures to survive, which will include decisions to continue, cancel, postpone or reduce investments in low-carbon technologies.

Market Key Players:

Leading manufacturers of Thermistor Temperature Sensors Market 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.

Recent Developments:

  • TDK Corporation launches a new EPCOS NTC temperature sensor, designed to measure an extended temperature range between -10 ° C and +300 ° C.
  • Ametherm launches the industry's first 277V thermistor for LED lighting, PFCs and electrical devices. Ametherm today released a new UL approved circuit protection thermistor that is the first in the industry to offer 277V power rating optimized for applications such as LED lighting and ballasts, factor correction circuits power control (PFC) and inrush current in uninterruptible power supplies (UPS) with powers less than 500 W.

 

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                          

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Thermistor Temperature Sensors Market, By Type                  

                                6.1.1 Negative Temperature Coefficient (NTC) Thermistors         

                                6.1.2 Positive Temperature Coefficient (PTC) Thermistors            

                                6.1.3 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.1.4 Y-o-Y Growth Rate Analysis             

                                6.1.5 Market Attractiveness Index          

                6.2 Thermistor Temperature Sensors Market, By Application                      

                                6.2.1 Temperature Monitoring  

                                6.2.2 Temperature Control         

                                6.2.3 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.2.4 Y-o-Y Growth Rate Analysis             

                                6.2.5 Market Attractiveness Index          

                6.3 Thermistor Temperature Sensors Market, By End Use Industry                          

                                6.3.1 Transportation      

                                6.3.2 Industrial 

                                6.3.3 Military     

                                6.3.4 Market Size Estimations & Forecasts (2022 - 2027)   

                                6.3.5 Y-o-Y Growth Rate Analysis             

                                6.3.6 Market Attractiveness Index          

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                  

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Type    

                                7.2.3 By Application        

                                7.2.4 By End Use Industry            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Type    

                                7.3.3 By Application        

                                7.3.4 By End Use Industry            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Type    

                                7.4.3 By Application        

                                7.4.4 By End Use Industry            

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Type    

                                7.5.3 By Application        

                                7.5.4 By End Use Industry            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Type    

                                7.6.3 By Application        

                                7.6.4 By End Use Industry            

8. Key Player Analysis                                    

                8.1 Murata Manufacturing Co. Ltd                           

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Mouser                        

                8.3 QTI Sensing Solutions                             

                8.4 TEWA Electronics Group                       

                8.5 Thermo Sensors Corporation                              

                8.6 Siemens Process Instrumentation                    

                8.7 Backer Howatt Inc                   

                8.8 Sentrion Corporation                             

                8.9 US Sensor Corp                         

                8.10 Semitec USA Corp                 

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  1. Europe Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  2. Europe Negative Temperature Coefficient (NTC) Thermistors Market By Region, From 2022 - 2027 ( USD Billion )
  3. Europe Positive Temperature Coefficient (PTC) Thermistors Market By Region, From 2022 - 2027 ( USD Billion )
  4. Europe Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  5. Europe Temperature Monitoring Market By Region, From 2022 - 2027 ( USD Billion )
  6. Europe Temperature Control Market By Region, From 2022 - 2027 ( USD Billion )
  7. Europe Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )
  8. Europe Transportation Market By Region, From 2022 - 2027 ( USD Billion )
  9. Europe Industrial Market By Region, From 2022 - 2027 ( USD Billion )
  10. Europe Military Market By Region, From 2022 - 2027 ( USD Billion )
  11. U.K. Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  12. U.K. Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  13. U.K. Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )
  14. Germany Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  15. Germany Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  16. Germany Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )
  17. France Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  18. France Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  19. France Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )
  20. Italy Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  21. Italy Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  22. Italy Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )
  23. Spain Thermistor Temperature Sensors Market By Type, From 2022 - 2027 ( USD Billion )
  24. Spain Thermistor Temperature Sensors Market By Application, From 2022 - 2027 ( USD Billion )
  25. Spain Thermistor Temperature Sensors Market By End Use Industry, From 2022 - 2027 ( USD Billion )

Please wait. . . . Your request is being processed

PURCHASE OPTIONS

excel
$

4255


pdf excel
$

5060


pdf excel powerbi
$

7360


excel
$

2500

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • 6 Months of Free Analyst Support.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • 1 Year of Free Analyst Support.
  • PDF, Excel and Power BI Dashboard.
  • Can be accessible by unlimited users.
  • 1 Year of Free Analyst Support.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
customer-support
ASK FOR CUSTOMIZATION

Talk to our analyst and get customised report done according to your research needs

tag
INQUIRE FOR DISCOUNT

Check if you can avail any discount. Submit your details and our team will get back to you.

cloud-download
DOWNLOAD FREE SAMPLE

Request to avail a free sample report that reflects this market and its growth.

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 4255

Didn’t find what you’re looking for?
TALK TO OUR TEAM

Find it too expensive?
NO WORRIES!

Click for Request Sample