NTC Thermistors for Automotive Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.50 Billion by 2030, growing at a CAGR of 9.2% from 2024 to 2030.
Looking ahead, the automotive market's demand for NTC thermistors is expected to experience further growth between 2023 and 2033. With the continuous rise of electric and hybrid vehicles, the focus on optimizing battery performance and increasing energy efficiency is becoming more crucial. NTC thermistors, with their high precision and low cost, are ideally suited for monitoring battery temperatures, which is critical for maintaining battery health and safety. Moreover, the demand for more advanced in-vehicle systems, such as autonomous driving technology and advanced driver-assistance systems (ADAS), will also contribute to the increased need for NTC thermistors. These systems rely heavily on accurate temperature data for sensors, processors, and other electronic components to function properly. Furthermore, as vehicles become more connected and smart, the integration of NTC thermistors with Internet of Things (IoT) platforms for real-time monitoring and diagnostics will further drive their demand in the automotive sector.
Get an In-Depth Research Analysis of the Global NTC Thermistors for Automotive Market Size And Forecast [2025-2032]
The global automotive industry has been undergoing significant changes over the last few years, with the adoption of advanced technologies and stricter regulatory requirements for energy efficiency and safety. In this rapidly evolving market, NTC thermistors have become increasingly important due to their ability to provide accurate temperature readings in automotive applications. These thermistors play a critical role in monitoring battery systems, engine temperature, air conditioning, and other key automotive systems. Between 2018 and 2022, the demand for NTC thermistors in the automotive sector grew significantly, driven by advancements in electric vehicles (EVs), hybrid vehicles, and the growing importance of temperature management for these systems. With the increasing complexity of modern vehicles, the demand for highly reliable and precise temperature sensors, such as NTC thermistors, has only intensified. These thermistors have been indispensable in ensuring optimal performance, safety, and longevity of automotive components.
BetaTHERM Corporation
GE Sensing & Inspection Technologies
Honeywell Sensing and Control
Hyper-Sense Technology
Ishizuka Electronics Corporation
KOA CORP
Lattron Company
Mitsubishi Materials Corporation
Murata Manufacturing Company
Ohizumi Manufacturing
Panasonic Electronic Devices
Shibaura Electronics
Tateyama Kagaku Industrial
TDK
Thinking Electronic Industrial
VISHAY INTERTECHNOLOGY
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global NTC Thermistors for Automotive Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global NTC Thermistors for Automotive Market
Automotive Temperature Sensor
Automotive Power Management System
Other
Based on Types the Market is categorized into Below types that held the largest NTC Thermistors for Automotive market share In 2023.
Radial Type
Diode Type
SMD Type
Other
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ NTC Thermistors for Automotive Market Research Analysis
1. Introduction of the Global NTC Thermistors for Automotive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global NTC Thermistors for Automotive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global NTC Thermistors for Automotive Market, By Type
6. Global NTC Thermistors for Automotive Market, By Application
7. Global NTC Thermistors for Automotive Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global NTC Thermistors for Automotive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/