Market Overview:
The global NTC thermistor probes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for consumer electronics and medical instruments, and the growing automotive industry. Additionally, the rising demand for home appliances and industrial equipment is also contributing to the growth of this market. However, fluctuations in prices of raw materials may restrain the growth of this market to some extent during the forecast period. On basis on type, epoxy packaged NTC thermistor probes are expected to dominate this market during 2018-2030 owing their properties such as high resistance against moisture and chemicals along with good stability over a wide temperature range.
Product Definition:
NTC Thermistor Probes are sensors used to measure the temperature of a material. They are important because they can help ensure that materials are being processed at the correct temperature, which is important for ensuring quality products.
Epoxy Packaged NTC Thermistor Probes:
Epoxy packaged NTC thermistor probes are used in temperature-sensitive applications such as medical and process control. They offer several advantages over conventional probe designs including resistance to corrosion, flexibility, durability, and cost effectiveness. The growth factor for this market is the increasing demand from industrial automation systems which use these products to measure temperature across different points of a machine or process.
Glass Packaged NTC Thermistor Probes:
Glass Packaged NTC Thermistor Probes are used in applications where the temperature range of the sensor is greater than its operating range. They offer better thermal stability and reliability as compared to their metal packaged counterparts. The probes come with a protective glass tube that can be removed to access the sensing element, which is usually mounted on a ceramic or sapphire base.
The main application areas for these products include automotive, industrial process control systems, medical equipment & devices.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2016 and is projected to witness significant growth over the forecast period. The growing demand for electric and hybrid vehicles, which operate on a NTC thermistor-based heat dissipation system, is expected to drive the product demand in this application segment.
The consumer electronics industry has witnessed tremendous growth over the past few years owing to increasing use of electronic devices such as smartphones and wearable gadgets. This industry also comprises of several other sub-segments including home appliances, office equipment and industrial applications among others. The rising adoption of smart energy management systems across residential buildings is expected to fuel product demand in HVAC applications within residential buildings during the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high product demand from various end-use industries, such as automotive, industrial and medical equipment. In addition, increasing R&D activities for developing advanced thermometers are also expected to drive the regional market growth during the forecast period.
Asia Pacific is anticipated to witness significant growth over the projected period owing to rising healthcare expenditure by governments and consumers on account of increasing incidence of chronic diseases such as cardiovascular disorders and respiratory problems due to unhealthy lifestyles. This factor will boost demand for NTC thermistor probes across a wide range of applications including medical devices manufacturing industry which would subsequently propel regional market growth during the estimated time span.
Growth Factors:
- Increasing demand from the automotive industry for NTC thermistor probes to measure engine and exhaust gas temperatures
- Growing demand for NTC thermistor probes in the consumer electronics sector, especially in smartphones and tablets
- Rising popularity of smart homes and home automation systems, which use NTC thermistor probes to detect room temperature and humidity levels
- Proliferation of wearable technology devices, many of which incorporate NTC thermistor probes to monitor body temperature
- Increased adoption of 3D printing technology across a wide range of industries, which is driving demand for high-quality thermal sensors like NTC thermistor probes
Scope Of The Report
Report Attributes
Report Details
Report Title
NTC Thermistor Probes Market Research Report
By Type
Epoxy Packaged NTC Thermistor Probes, Glass Packaged NTC Thermistor Probes
By Application
Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, Others
By Companies
Thinking Electronic, Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata, Fenghua Electronics, Thinking Electronic, TE Connectivity, Ametherm
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global NTC Thermistor Probes Market Report Segments:
The global NTC Thermistor Probes market is segmented on the basis of:
Types
Epoxy Packaged NTC Thermistor Probes, Glass Packaged NTC Thermistor Probes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Thinking Electronic
- Shibaura
- TDK
- Semitec Corporation
- Mitsubishi
- Vishay
- Shiheng Electronics
- AVX
- Murata
- Fenghua Electronics
- Thinking Electronic
- TE Connectivity
- Ametherm
Highlights of The NTC Thermistor Probes Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Packaged NTC Thermistor Probes
- Glass Packaged NTC Thermistor Probes
- By Application:
- Consumer Electronics
- Medical Instruments
- Automotive
- Home Appliance
- Industrial Equipment
- Aerospace & Defense
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NTC Thermistor Probes Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NTC Thermistor Probes are a type of temperature probe that uses the principle of thermistor resistance to measure temperature. They are often used in industrial and scientific applications where accurate temperature measurements are required.
Some of the key players operating in the ntc thermistor probes market are Thinking Electronic, Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata, Fenghua Electronics, Thinking Electronic, TE Connectivity, Ametherm.
The ntc thermistor probes market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NTC Thermistor Probes Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 NTC Thermistor Probes Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 NTC Thermistor Probes Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the NTC Thermistor Probes Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global NTC Thermistor Probes Market Size & Forecast, 2018-2028 4.5.1 NTC Thermistor Probes Market Size and Y-o-Y Growth 4.5.2 NTC Thermistor Probes Market Absolute $ Opportunity
Chapter 5 Global NTC Thermistor Probes Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 NTC Thermistor Probes Market Size Forecast by Type
5.2.1 Epoxy Packaged NTC Thermistor Probes
5.2.2 Glass Packaged NTC Thermistor Probes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NTC Thermistor Probes Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 NTC Thermistor Probes Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Medical Instruments
6.2.3 Automotive
6.2.4 Home Appliance
6.2.5 Industrial Equipment
6.2.6 Aerospace & Defense
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NTC Thermistor Probes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 NTC Thermistor Probes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America NTC Thermistor Probes Analysis and Forecast
9.1 Introduction
9.2 North America NTC Thermistor Probes Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America NTC Thermistor Probes Market Size Forecast by Type
9.6.1 Epoxy Packaged NTC Thermistor Probes
9.6.2 Glass Packaged NTC Thermistor Probes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America NTC Thermistor Probes Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Medical Instruments
9.10.3 Automotive
9.10.4 Home Appliance
9.10.5 Industrial Equipment
9.10.6 Aerospace & Defense
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe NTC Thermistor Probes Analysis and Forecast
10.1 Introduction
10.2 Europe NTC Thermistor Probes Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe NTC Thermistor Probes Market Size Forecast by Type
10.6.1 Epoxy Packaged NTC Thermistor Probes
10.6.2 Glass Packaged NTC Thermistor Probes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe NTC Thermistor Probes Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Medical Instruments
10.10.3 Automotive
10.10.4 Home Appliance
10.10.5 Industrial Equipment
10.10.6 Aerospace & Defense
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific NTC Thermistor Probes Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NTC Thermistor Probes Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific NTC Thermistor Probes Market Size Forecast by Type
11.6.1 Epoxy Packaged NTC Thermistor Probes
11.6.2 Glass Packaged NTC Thermistor Probes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific NTC Thermistor Probes Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Medical Instruments
11.10.3 Automotive
11.10.4 Home Appliance
11.10.5 Industrial Equipment
11.10.6 Aerospace & Defense
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America NTC Thermistor Probes Analysis and Forecast
12.1 Introduction
12.2 Latin America NTC Thermistor Probes Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America NTC Thermistor Probes Market Size Forecast by Type
12.6.1 Epoxy Packaged NTC Thermistor Probes
12.6.2 Glass Packaged NTC Thermistor Probes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America NTC Thermistor Probes Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Medical Instruments
12.10.3 Automotive
12.10.4 Home Appliance
12.10.5 Industrial Equipment
12.10.6 Aerospace & Defense
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) NTC Thermistor Probes Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NTC Thermistor Probes Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) NTC Thermistor Probes Market Size Forecast by Type
13.6.1 Epoxy Packaged NTC Thermistor Probes
13.6.2 Glass Packaged NTC Thermistor Probes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) NTC Thermistor Probes Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Medical Instruments
13.10.3 Automotive
13.10.4 Home Appliance
13.10.5 Industrial Equipment
13.10.6 Aerospace & Defense
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 NTC Thermistor Probes Market: Competitive Dashboard
14.2 Global NTC Thermistor Probes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thinking Electronic
14.3.2 Shibaura
14.3.3 TDK
14.3.4 Semitec Corporation
14.3.5 Mitsubishi
14.3.6 Vishay
14.3.7 Shiheng Electronics
14.3.8 AVX
14.3.9 Murata
14.3.10 Fenghua Electronics
14.3.11 Thinking Electronic
14.3.12 TE Connectivity
14.3.13 Ametherm