Glass-encapsulated NTC Thermistor Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.8 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The global market for glass-encapsulated NTC (Negative Temperature Coefficient) thermistors was valued at approximately $700 million in 2022, with an anticipated compound annual growth rate (CAGR) of 5.8% from 2023 to 2030. This growth is driven by the increasing demand for precision temperature sensing in various applications, including automotive, consumer electronics, and industrial processes. The market's expansion is supported by advancements in technology and the rising need for energy-efficient and accurate temperature measurement systems.
Opportunities in the glass-encapsulated NTC thermistor market are emerging from several key trends. The rapid development of smart devices and the Internet of Things (IoT) is expected to fuel demand for high-performance thermistors. Additionally, the automotive sector's shift towards electric vehicles (EVs) and enhanced safety systems presents significant growth potential. Regions such as Asia-Pacific are poised to contribute substantially to the market, driven by industrialization and increasing electronic manufacturing activities. These factors collectively indicate a promising outlook for stakeholders in the glass-encapsulated NTC thermistor industry.
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WEILIAN
Shenzhen Minchuang Electronics Co.
Ltd.
HateSensor
Exsense Sensor Technology co.
JPET INTERNATIONAL LIMITED
Sinochip Electronics C0.
LTD
KPD
Suzhou Dingshi Electronic Technology CO.
LTD
RTsensor
SHIHENG ELECTRONICS
Dongguan Jingpin Electronic Technology Co.
Ltd
Mitsubishi Materials Corporation
Qawell Technology
FENGHUA (HK) ELECTRONICS LTD.
Ametherm
Thinking Electronic
Shibaura
Semitec Corporation
Vishay
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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Glass-encapsulated NTC Thermistor Market
Industrial
Medical
Others
Based on Types the Market is categorized into Below types that held the largest Glass-encapsulated NTC Thermistor market share In 2023.
Single-ended Glass Sealed NTC Thermistor
Diode Type Glass Encapsulated NTC Thermistor
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)
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1. Introduction of the Global Glass-encapsulated NTC Thermistor 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 Glass-encapsulated NTC Thermistor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glass-encapsulated NTC Thermistor Market, By Type
6. Global Glass-encapsulated NTC Thermistor Market, By Application
7. Global Glass-encapsulated NTC Thermistor Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Glass-encapsulated NTC Thermistor Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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