SMD Thermistor Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 9.2% from 2026 to 2033.
In 2022, the global SMD (Surface Mount Device) thermistor market was valued at approximately USD 185.2 million and is projected to reach around USD 266.9 million by 2029, reflecting a compound annual growth rate (CAGR) of 5.4% during the forecast period. This growth is driven by the increasing demand for compact and efficient electronic devices across various sectors, including consumer electronics, automotive, and industrial applications. SMD thermistors are favored for their small size, high precision, and rapid response, making them essential components in temperature measurement, electronic temperature compensation, and temperature control systems. Regionally, the Asia Pacific area dominates the SMD thermistor market, accounting for approximately 71% of the global share in 2022. This dominance is attributed to the robust electronics manufacturing industry and the rising adoption of advanced technologies in countries like China, Japan, and South Korea. Europe and North America follow, holding shares of about 14% and 13%, respectively. The consumer electronics segment is a significant contributor, representing around 32% of the market share, driven by the proliferation of smartphones, tablets, and other portable devices requiring precise temperature control for optimal performance. Additionally, the automotive sector presents substantial opportunities, as the integration of electronic systems in vehicles necessitates reliable temperature sensing solutions to enhance safety and efficiency.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=290032&utm_source=Pulse_G_April&utm_medium=212
Panasonic
TOPOS
TDK Electronics
Amphenol Advanced Sensors
Murata
ATC Semitec
Selco
Tewa
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. 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 This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=290032&utm_source=Pulse_G_April&utm_medium=212
Growing demand for below applications around the world has had a direct impact on the growth of the Global SMD Thermistor Market
Consumer Electronics
Automotive
Telecommunications
Industrial Equipment
Medical Devices
Home Appliances
Negative Temperature Coefficient (NTC) Thermistors
Positive Temperature Coefficient (PTC) Thermistors
Low-Temperature Thermistors (below -40°C)
Medium-Temperature Thermistors (-40°C to 150°C)
High-Temperature Thermistors (above 150°C)
OEMs (Original Equipment Manufacturers)
Aftermarket
Research and Development Institutions
Chip Thermistors
Disk Thermistors
Axial Lead Thermistors
Radial Lead Thermistors
US (United States, US 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 @ https://www.verifiedmarketreports.com/product/smd-thermistor-market/
1. Introduction of the Global SMD 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 SMD Thermistor Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global SMD Thermistor Market, By Type
6. Global SMD Thermistor Market, By Application
7. Global SMD Thermistor Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global SMD Thermistor 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 Research and Consulting firm servicing over 5000+ US 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/