Market Overview:
The global NTC temperature probe 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, medical instruments, automotive, home appliance and industrial equipment across the globe. Additionally, the rising awareness about safety and security is also propelling the growth of this market. Based on type, the global NTC temperature probe market can be segmented into radial type, diode type, wire bonding type and wire type. Radial probes are widely used in consumer electronics applications as they provide accurate readings with low power consumption. Diode probes are mainly used in medical instruments as they offer high accuracy levels and fast response times over a wide range of temperatures.
Product Definition:
A temperature probe is a device used to measure or detect the temperature of a medium. NTC stands for "negative thermal coefficient," and refers to the electrical properties of certain materials that change inversely with temperature. An NTC Temperature Probe is made from an NTC material, and is used in electronic circuits as a variable resistor. The resistance of the probe decreases as it warms up, allowing more current to flow through it. This can be used in circuits to control or regulate temperatures.
Radial Type:
Radial type NTC temperature probe is a device used for measuring the temperature of an object by passing heat from one or more thermocouples. The most common usage of this product is in medical devices where it can be used to measure body temperature, especially in infants and children.
Diode Type:
Diode type is a part of electronic devices that allows current flow in one direction only. It can be used as an electronic switch or sensor depending upon the application. The different types of diodes include silicon, germanium and aluminumoxide among others. NTC temperature probe uses silicon based diode for its sensing mechanism hence it is referred as Silicon-based Diode Type (SDT).
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The need for NTC temperature probes in automobiles is increasing as they are used to measure the engine coolant temperature (ECT) which is crucial information required for diagnosing and repairing vehicles. An increasing number of electric vehicles and hybrid cars on roads across the world is expected to drive demand over the forecast period.
The consumer electronics segment was valued at USD 381.3 million in 2017 owing to an increase in use of electronic devices such as smartphones, wearable devices, tablets that require proper device functioning that depends on ambient temperatures around them. In addition, growing usage of these products during sports events such as skiing and hiking where it gets colder will drive demand further from 2018 to 2030 driving growth globally towards a positive outlook nippon Telegraph & Telephone Corporation (NTT), SGS Japan KK., Electronics Testing Services Inc.
Regional Analysis:
The Asia Pacific regional market accounted for the largest share in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from end-use industries, such as automotive, industrial machinery, aerospace & defense and medical instruments. In addition, rising investments by governments in developing countries are anticipated to fuel industry expansion.
North America region also held a significant revenue share due to high adoption of temperature sensors across various applications such as consumer electronics and medical devices among others. Europe was another prominent shareholder followed by Asia Pacific on account of presence of key manufacturers along with growing demand from end-user industries within these regions respectively.
Growth Factors:
- Increasing demand for smart temperature probes in various industrial and commercial applications
- Growing popularity of wireless temperature probes for monitoring critical process parameters in industries
- Proliferation of Internet of Things (IoT) and big data analytics across different industry verticals
- Rising demand for NTC thermistors in automotive sector for engine cooling systems
- Increasing adoption of NTC temperature probes in medical devices and healthcare sector
Scope Of The Report
Report Attributes
Report Details
Report Title
NTC Temperature Probe Market Research Report
By Type
Radial Type, Diode Type, Wire Bonding Type, Wire Type, Others
By Application
Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense, Others
By Companies
Shibaura, Tewa Temperature Sensors, Elscott Manufacturing, Sen Tech, Mingjia Electric, Semitec Corporation, TE Connectivity, UNIX TECH, Littelfuse, Shibaura
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global NTC Temperature Probe Market Report Segments:
The global NTC Temperature Probe market is segmented on the basis of:
Types
Radial Type, Diode Type, Wire Bonding Type, Wire Type, Others
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:
- Shibaura
- Tewa Temperature Sensors
- Elscott Manufacturing
- Sen Tech
- Mingjia Electric
- Semitec Corporation
- TE Connectivity
- UNIX TECH
- Littelfuse
- Shibaura
Highlights of The NTC Temperature Probe 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:
- Radial Type
- Diode Type
- Wire Bonding Type
- Wire Type
- Others
- 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 Temperature Probe 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.
How you may use our products:
- Correctly Positioning New Products
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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?
A temperature probe is a device that is inserted into the food to measure its internal temperature.
Some of the key players operating in the ntc temperature probe market are Shibaura, Tewa Temperature Sensors, Elscott Manufacturing, Sen Tech, Mingjia Electric, Semitec Corporation, TE Connectivity, UNIX TECH, Littelfuse, Shibaura.
The ntc temperature probe 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 Temperature Probe 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 Temperature Probe Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 NTC Temperature Probe 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 Temperature Probe 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 Temperature Probe Market Size & Forecast, 2018-2028 4.5.1 NTC Temperature Probe Market Size and Y-o-Y Growth 4.5.2 NTC Temperature Probe Market Absolute $ Opportunity
Chapter 5 Global NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
5.2.1 Radial Type
5.2.2 Diode Type
5.2.3 Wire Bonding Type
5.2.4 Wire Type
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NTC Temperature Probe 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 Temperature Probe 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 Temperature Probe 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 Temperature Probe 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 Temperature Probe Analysis and Forecast
9.1 Introduction
9.2 North America NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
9.6.1 Radial Type
9.6.2 Diode Type
9.6.3 Wire Bonding Type
9.6.4 Wire Type
9.6.5 Others
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 Temperature Probe 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 Temperature Probe Analysis and Forecast
10.1 Introduction
10.2 Europe NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
10.6.1 Radial Type
10.6.2 Diode Type
10.6.3 Wire Bonding Type
10.6.4 Wire Type
10.6.5 Others
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 Temperature Probe 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 Temperature Probe Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
11.6.1 Radial Type
11.6.2 Diode Type
11.6.3 Wire Bonding Type
11.6.4 Wire Type
11.6.5 Others
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 Temperature Probe 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 Temperature Probe Analysis and Forecast
12.1 Introduction
12.2 Latin America NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
12.6.1 Radial Type
12.6.2 Diode Type
12.6.3 Wire Bonding Type
12.6.4 Wire Type
12.6.5 Others
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 Temperature Probe 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 Temperature Probe Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NTC Temperature Probe 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 Temperature Probe Market Size Forecast by Type
13.6.1 Radial Type
13.6.2 Diode Type
13.6.3 Wire Bonding Type
13.6.4 Wire Type
13.6.5 Others
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 Temperature Probe 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 Temperature Probe Market: Competitive Dashboard
14.2 Global NTC Temperature Probe Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shibaura
14.3.2 Tewa Temperature Sensors
14.3.3 Elscott Manufacturing
14.3.4 Sen Tech
14.3.5 Mingjia Electric
14.3.6 Semitec Corporation
14.3.7 TE Connectivity
14.3.8 UNIX TECH
14.3.9 Littelfuse
14.3.10 Shibaura