Glass Encapsulated Thermistors Market size was valued at USD 1.2 Billion in 2024 and is forecasted to grow at a CAGR of 8.9% from 2026 to 2033, reaching USD 2.5 Billion by 2033.
The global glass encapsulated thermistors market was valued at approximately USD 542 million in 2023 and is projected to reach USD 947.27 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period. Regionally, Asia Pacific dominates the market, accounting for over 40% of the global share, driven by robust manufacturing in China and Japan, and increasing demand from electric vehicles (EVs), 5G infrastructure, and semiconductor industries. North America holds nearly 30% of the market, with the U.S. leading due to strong demand in EVs, 5G infrastructure, and renewable energy sectors. Europe contributes approximately 25%, fueled by automotive electrification and renewable energy initiatives, with Germany playing a pivotal role. Opportunities in the glass encapsulated thermistors market are emerging across various regions. In the Asia Pacific, rapid industrialization and technological adoption in countries like China, India, and Southeast Asia present significant growth prospects. The expansion of IoT applications globally is increasing the use of thermistors in smart homes and industrial IoT (IIoT) devices. Additionally, advancements in miniaturization are leading to the development of smaller, more efficient sensors, opening new application areas in consumer electronics and medical devices.
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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.
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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 Thermistors Market
NTC (Negative Temperature Coefficient) Thermistors
PTC (Positive Temperature Coefficient) Thermistors
Consumer Electronics
Automotive
Industrial Equipment
Medical Devices
Aerospace and Defense
Temperature Measurement
Temperature Compensation
Temperature Control
Standard Size (e.g., 2mm, 5mm)
Miniature Size
Custom Form Factors
Telecommunications
Energy and Utilities
Robotics
Research and Development Labs
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)
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1. Introduction of the Global Glass Encapsulated Thermistors 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 Thermistors Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Glass Encapsulated Thermistors Market, By Type
6. Global Glass Encapsulated Thermistors Market, By Application
7. Global Glass Encapsulated Thermistors Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Glass Encapsulated Thermistors Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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