According to our latest market study on “PTC Thermistor Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Mode, and Application,” the market was valued at US$ 372.06 million in 2021 and is projected to reach US$ 475.21 million by 2028; it is expected to grow at a CAGR of 3.6% from 2021 to 2028. Based on type, the global PTC thermistor market is categorized into ceramic PTC (barium titanate) and polymer PTC (carbon doped polymer). In 2020, the ceramic PTC (barium titanate) segment led the PTC thermistor market and accounted for a larger market share. The PTC thermistor made up of a barium titanate-based semiconductor ceramic composition exhibits slight deterioration with time, which is excellent in reliability. The PTC thermistors are the ceramic components in which electrical resistance rises quickly when a certain temperature surpasses. This feature makes the ceramic thermistor appropriate for countless applications such as electronic engineering, advanced electrical, over-temperature protection, temperature compensation, over-current protection, and time delay. Contrary to features of ceramic thermistors, overvoltage, overcurrent density, overpower are some of the arenas witnesses failures in their mechanisms.
Rising Adoption of Smartphones in Developing Countries to Boost PTC Thermistor Market Share During 2021–2028
Linear silicon PTC thermistors resistance rises with an increase in the temperature and exhibits a virtually linear positive temperature coefficient over the entire temperature range. The thermistor is useful for temperature compensation and measurement control system. Silicon PTC thermistors are very much reliable as they feature long operational lifetimes. PTC thermistors are widely required for automotive vehicles carburetor heating. PTC water heater utilizes PTC thermistor elements as a source of heat. A ceramic PTC thermistor is majorly utilized for the auxiliary electric heater of the air conditioner. Positive temperature coefficient (PTC) heaters provide safety and efficiency for electric vehicle (EV) heating systems. To ensure that barium titanate-based semiconductor ceramic compositions can be utilized at higher temperatures for applications such as array of applications and thermistors for heaters, rising curie temperatures is needed.
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- The List of Companies - PTC Thermistor market
- TE Connectivity Corporation
- TDK Corporation
- Texas Instruments Incorporated
- Vishay Intertechnology, Inc.
- ZIEHL industrie-elektronik GmbH + Co KG
- Murata Manufacturing Co., Ltd.
- Amphenol Corporation
- KRIWAN Industrie-Elektronik GmbH
- NXP Semiconductors
- Altium Europe GmbH
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During late Q1 and entire Q2 of 2020, the majority of the manufacturing plants operated with minimum staff or halted their manufacturing momentarily. However, due to a large number of patients in the US, Canada, and Mexico, the demand for PTC thermistors required for patient monitoring equipment was notably high, which was driving the PTC thermistor market. Electronics and automotive industries have been struggling due to concerns over contracting the spread of the virus, even after they could reopen. These are some of the critical issues faced by the North American countries. However, the PTC thermistor market witnessed a positive impact as the demand for PTC thermistors started growing in the US, Canada, and Mexico as the end-user industries began their operations from Q3 of 2020, which propelled the PTC thermistor market growth.
Key Offerings:
- Market Size & Forecast by Revenue | 2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors.
The purposes of this analysis are:
- To characterize, portray, and check the PTC Thermistor market based on product type, application, and region.
- To estimate and inspect the size of the PTC Thermistor market (in terms of value) in six key regions, specifically, North and South America, Western Europe, Central & Eastern Europe, the Middle East, Africa, and the Asia-Pacific.
- To estimate and inspect the PTC Thermistor markets at country-level in every region.
- To strategically investigate every sub-market about personal development trends and its contribution to the PTC Thermistor market.
- To look at possibilities in the PTC Thermistor market for shareholder by recognizing excessive-growth segments of the market.
Key Offerings:
- Market Size & Forecast by Revenue | 2020−2028
- Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
- Market Segmentation – A detailed analysis by product, types, end-user, applications, segments, and geography
- Competitive Landscape – Top key vendors and other prominent vendors
PTC Thermistor Regional and Country-wise Analysis:
- North America (U.S., Canada, Mexico)
- Europe (U.K., France, Germany, Spain, Italy, Central & Eastern Europe, CIS)
- Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- The Middle East and Africa (Turkey, GCC, Rest of the Middle East and Africa)
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Top Points Covered in the Global PTC Thermistor Market:
- Industry Overview of Global PTC Thermistor Market;
- Classification, Specifications and Definition of PTC Thermistor Market Segment by Regions;
- Process and Structure
- Research Findings/Conclusion, PTC Thermistor deals channel, traders, distributors, dealer’s analysis;
- Complete Market Research, Capacity, Sales and Sales Price Analysis with Company Segment;
- Analysis of Regional Market that contains the United States, Europe, India, China, Japan, Korea & Taiwan;
- PTC Thermistor Market Analysis by Major Players, The PTC Thermistor Segment Market Analysis (by Type) and (by Application);
- Regional Market Trend Analysis, Market Trend by Product Type and by Application:
- Supply Chain Analysis, Regional Marketing Type Analysis, Global Trade Type Analysis;
- The Global PTC Thermistor industry consumers Analysis;
- Appendix and data source of PTC Thermistor market.
Market share assessments for the regional and country-level segments.
- Supply chain trends mapping the latest technological advancements.
- Strategic recommendations for the new entrants.
- Market share analysis of the top industry players.
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).
- Company profiling with detailed strategies, financials, and recent developments.
- Competitive landscaping mapping the key common trends.
- Strategic recommendations in key business segments based on market estimations.
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