Global Negative Temperature Coefficient (NTC) Thermistor Market Size By Type, By Application, By Geographic Scope And Forecast

Negative Temperature Coefficient (NTC) Thermistor Market Size And Forecast

Negative Temperature Coefficient (NTC) Thermistor Market size was valued at USD 15.287 Billion in 2024 and is projected to reach USD 32.437 Billion by 2031, growing at a CAGR of 9.86% from 2024 to 2031.

Emerging technologies in the realm of consumer electronics, such as flexible printed circuit boards, are also contributing to the market’s growth. The Global Negative Temperature Coefficient (NTC) Thermistor Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Negative Temperature Coefficient (NTC) Thermistor Market Definition

Thermistors are semiconductor-based resistors with a resistance that varies dramatically with temperature. Thermistors having a negative temperature coefficient (NTC) are non-linear resistors that change resistance with temperature. The NTC thermistor is a radial leaded disc with a resistance that lowers as the temperature rises. The NTC thermistor is used to control, measure, and compensate for temperature. When compared to other temperature sensors, NTC thermistors have superior electrical noise immunity, a simple two-wire connection method, the ability to extend the temperature range with specific construction, tight tolerances, and a variety of physical forms.

The resistance vs temperature characteristic of NTC thermistors is used to sense temperature with minimum power dissipated in zero power sensing applications. Temperature measurement is a typical application for NTC thermistors, and it is utilized in low-cost temperature measuring. End-user applications such as automotive, domestic appliances, industrial, and consumer applications are categorized in the worldwide Negative Temperature Coefficient (NTC) Thermistor Market. Frost sensors, laser diode temperature detection in automobile CD players, airbag electronic systems, air-conditioning systems, engine temperature control, transmission air temperature control, and in-lead temperature control are some of the automotive uses.

Air conditioning, central heating systems, washing machines and dishwashers, cookers and deep-fat fryers, and refrigerators and freezers are among the residential appliance applications. Video and audio equipment, ink-jet printer head temperature detection, fire alarms, process control, contrast control in flat LCD panel displays, camcorders, and mobile phones, temperature protection in charging systems, battery management, and heating and ventilation are among the industrial and consumer applications. Due to the increasing rise of consumer electronics such as curved televisions, the worldwide Negative Temperature Coefficient (NTC) Thermistor Market revenue is dominated by the industrial and consumer applications sector.

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Global Negative Temperature Coefficient (NTC) Thermistor Market Overview

As we pack more digital goodies into smaller gadgets, we really need tiny, super-accurate thermistors. These little guys are essential for keeping things running smoothly and making sure everything's monitored constantly. And it's not just size, new tech like flexible printed circuit boards are helping the market grow too! These cool circuits let us connect electronics on bendy plastic stuff like polyimide (PI), which means we don't have to build devices around a rigid board anymore. NTC thermistors are perfect for this; they're incredibly efficient in all this fancy circuitry, and they don't hog space.

Everyone's talking about automation these days, and it's really taking off! We're seeing sensors popping up everywhere, which is bound to affect how many thermistors we need. Right now, NTC thermistors are king of the Thermistors Market. They're made using large-scale ceramic semiconductor manufacturing and wind up in all sorts of things—cars, military gear, oil rigs, even your food and drinks, and in healthcare equipment, too. According to Murata Manufacturing Co. Ltd., “The Thermistor Market is dominated by NTC type, which has a share of around 70%, while PTC has a share of around 30%.”

Good news! Those old problems with NTC and PTC thermistors, like aging, being hard to swap out, and just plain breaking down, are pretty much gone thanks to better ways of making them. And get thiseveryone wanting portable phones and whatnot means more demand for NTC thermistors. Plus, PTC thermistors—the guys that protect motors from drawing too much power—are gonna be huge too since more factories are using smart motors. Oh, but here's the catchCOVID-19 is making it tough. Companies can't really ship stuff out or get the materials they need, since, you know, most of that stuff comes from China. And to top it off, some electronics companies are seeing their orders cut by like, 30-50%!

The global demand for connected and autonomous vehicles is expanding as a result of technology advancements in the automotive sector, and suppliers are responding by providing solutions tailored to the industry. For example, Texas Instruments upgraded its temperature sensing portfolio in February 2020 to include linear thermistors, which give up to 50% greater accuracy than NTC thermistors. It is also one of the smallest linear thermistors currently available on the market. Temperature sensors in automotive units must withstand a variety of hostile environments, and several manufacturers in the market are creating solutions to meet these industrial needs.

Global Negative Temperature Coefficient (NTC) Thermistor Market Segmentation Analysis

The Global Negative Temperature Coefficient (NTC) Thermistor Market is Segmented on the basis of Type, Application, And Geography.

Negative Temperature Coefficient (NTC) Thermistor Market, By Type

• Consumer Electronics• Medical Instruments• Automotive• Home Appliance• Industrial Equipment• Aerospace And Défense

Based on Type, The market is bifurcated into Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, and Aerospace And Defense. Consumer Electronics dominates the market as negative temperature coefficient finds its major application in this area followed by automotive and industrial equipment.

Negative Temperature Coefficient (NTC) Thermistor Market, By Application

• Radial Type• Diode Type• Wire Bonding Type• Film Type• SMD Type• Wire Type• Chip In Glass Type

Based on Application, The market is bifurcated into Radial Type, Diode Type, Wire Bonding Type, Film Type, SMD Type, Wire Type, and Chip In Glass Type. Radial and Diode Type are most widely used due to their wide usage.

Negative Temperature Coefficient (NTC) Thermistor Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, the Global Negative Temperature Coefficient (NTC) Thermistor Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. During the forecast period, The shifting automotive scene in the Asia-Pacific region is driving up demand for thermistors, as several countries adopt electric transportation options. China sold 51,000 battery electric vehicles, 20,000 plug-in hybrid electric vehicles, and 73 fuel-cell vehicles in April 2020, according to the China Association of Automobile Manufacturers (CAAM).

Key Players

The “Global Negative Temperature Coefficient (NTC) Thermistor Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Betatherm Corporation, U.S. Sensor, Guangdong Tonze Electric Company Limited, Sinochip Electronics Company Limited, Quality Thermistor Inc, Panasonic Corporation, Ohizumi Manufacturing Company Limited, Murata Manufacturing Company Limited, Mitsubishi Materials Corporation, Maida Development Company. 

The competitive landscape section also includes key development strategies, Market share, and Market ranking analysis of the above-mentioned players globally.

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