NTC Thermistors stands for Negative Temperature Coefficient, which adjusts their obstruction qualities with temperature. Thermistors are temperature-detecting components made of semiconductor material that has been sintered to show enormous changes in resistance concerning little temperature changes. The resistance of NTC will diminish as the temperature increments. The way where the resistance diminishes is identified with a steady referred to in the gadgets business as beta or ß. Beta is estimated in °K. The NTC Thermistors are utilized in the microwave and other domestic machines, boilers, computerized thermometers, manufacturing, HVAC applications, 3D printers, and clinical applications.
This growth is primarily driven by Increasing demand for thermistors in the automotive industry for various applications and Change in government standards and demand patterns from the end-users.
Globally, a noticeable market trend is evident An increase in demand for the devices that are high instability, durability in the environment, temperature protection, and high performance delivered
. Major Manufacturers, such as Betatherm Corporation (United States), Panasonic Corporation (Japan), U.S. Sensor (United States), Mitsubishi Materials Corporation (Japan), GE Sensing (United States), Guangdong Tonze Electric Company Limited (China), Honeywell (United States), Huichang Sensor Co., Ltd (China), Inspection Technologies (United States) and Joyin Co Ltd (Taiwan) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On 1 December 2020, TDK Corporation (TSE:6762) announced the development of new chip NTC thermistors designed for conductive adhesion mounting, expanding TDK’s NTCSP series product lineup. The chip NTC thermistors are used for temperature sensing and compensation, measuring without direct contact in automotive applications including ABS, inside the transmission or engine, and more.
- Increasing demand for thermistors in the automotive industry for various applications
- Change in government standards and demand patterns from the end-users
- An increase in demand for the devices that are high instability, durability in the environment, temperature protection, and high performance delivered
- Increase in development and demand of several domestic appliances and automotive
- The thermistor is not suitable for a large temperature range
- The resistance temperature characteristics are nonlinear
Development of the new advanced version of the NTC Thermistors to resolve the existing issues to generate new opportunities for expansion and Development of the market in the emerging countries
Lack of the professional and skill personals and Different rules and regulations of the government
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, NTC Thermistors Study Sheds Light on
The NTC Thermistors Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the NTC Thermistors industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where NTC Thermistors industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global NTC Thermistors Market?
The NTC Thermistors market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in NTC Thermistors Market?
Top performing companies in the Global NTC Thermistors market are Betatherm Corporation (United States), Panasonic Corporation (Japan), U.S. Sensor (United States), Mitsubishi Materials Corporation (Japan), GE Sensing (United States), Guangdong Tonze Electric Company Limited (China), Honeywell (United States), Huichang Sensor Co., Ltd (China), Inspection Technologies (United States) and Joyin Co Ltd (Taiwan), to name a few.
3. Which region dominated the worldwide market for NTC Thermistors in 2020?
is dominating the NTC Thermistors Market.