Market Overview:
The global thermal protector market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for thermal protectors in motor, compressor, transformer, and other applications. In terms of type, the metal material segment is expected to lead the global thermal protector market during the forecast period. This can be attributed to its properties such as high heat resistance and durability. In terms of application, the motor segment is expected to lead the global thermal protector market during the forecast period.
Product Definition:
A thermal protector is a device that helps protect electrical equipment from damage due to overheating. Thermal protectors open or close an electrical circuit, interrupting the flow of current, when a certain temperature is reached. This interrupts the flow of current and prevents the equipment from being damaged by overheating.
Metal Material:
Metal Material, it's usage.
The global metal material market is expected to witness significant growth over the forecast period. The metal materials are used for manufacturing various products including fire doors & window assemblies, air handling units (AHU), heat exchangers, flue gas ducts and other industrial process equipment. AHUs are widely used in commercial buildings for cooling or heating purposes.
Plastic Material:
Plastic material is a generic term used for any synthetic or artificial substance, usually derived from crude oil. The plastic industry has been witnessing significant changes over the past few years owing to growing demand in various end-use industries such as packaging, electrical & electronics and automotive.
Thermal protectors are widely used in the electronic and electrical industry to avoid overheating of components due to heat generated by semiconductors, transformers or other parts which could melt due to high temperature.
Application Insights:
The other application segment includes the protection of electronic components, industrial machinery and equipment, medical equipment from damage caused by overheating. The demand for the product in this application is expected to witness a CAGR of XX% over the forecast period owing to rising applications in various industrial machinery and electronic devices across various regions including North America and Europe.
The motor segment accounted for a significant market share in 2017 on account of growing demand for electric motors particularly from transportation industry which is expected to propel growth over the forecast period. Transformer was another prominent segment accounting for a significant market share as transformers are used widely across industries be it power generation or transmission or distribution etc., which further drives their demand globally thereby propelling growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for electricity in emerging economies, such as China and India. In addition, rising number of manufacturing facilities in this region will drive the product demand further.
Europe was valued at USD X billion in 2017 owing to high energy consumption due to cold climate conditions across countries including Russia, Germany, France and others.
Growth Factors:
- Increasing demand from the end-use industries
- Growing awareness about the benefits of thermal protectors
- Rising demand for energy-efficient products
- Technological advancements in thermal protector technology
- Growing popularity of eco-friendly and sustainable products
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Protector Market Research Report
By Type
Metal Material, Plastic Material, Ceramic Material, Other
By Application
Motor, Compressor, Transformer, Other
By Companies
Thermik, Hengxin Precision Electrical Equipment, Sensata Technologies, HSK Kunststoff Schweißtechnik GmbH, Ningguo BST Thermal Products, Jiangsu Changsheng Electric Appliance, Portage Electric Products, Focusens Technology, Thermtrol Corporation, Fluke Process Instruments, Thermik
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Protector Market Report Segments:
The global Thermal Protector market is segmented on the basis of:
Types
Metal Material, Plastic Material, Ceramic Material, Other
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
Motor, Compressor, Transformer, Other
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:
- Thermik
- Hengxin Precision Electrical Equipment
- Sensata Technologies
- HSK Kunststoff Schweißtechnik GmbH
- Ningguo BST Thermal Products
- Jiangsu Changsheng Electric Appliance
- Portage Electric Products
- Focusens Technology
- Thermtrol Corporation
- Fluke Process Instruments
- Thermik
Highlights of The Thermal Protector 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:
- Metal Material
- Plastic Material
- Ceramic Material
- Other
- By Application:
- Motor
- Compressor
- Transformer
- Other
- 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 Thermal Protector 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Thermal protector is a material that helps to keep your device cool.
Some of the major companies in the thermal protector market are Thermik, Hengxin Precision Electrical Equipment, Sensata Technologies, HSK Kunststoff SchweiŸtechnik GmbH, Ningguo BST Thermal Products, Jiangsu Changsheng Electric Appliance, Portage Electric Products, Focusens Technology, Thermtrol Corporation, Fluke Process Instruments, Thermik.
The thermal protector 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 Thermal Protector 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 Thermal Protector Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Thermal Protector 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 Thermal Protector 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 Thermal Protector Market Size & Forecast, 2018-2028
4.5.1 Thermal Protector Market Size and Y-o-Y Growth
4.5.2 Thermal Protector Market Absolute $ Opportunity
Chapter 5 Global Thermal Protector 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 Thermal Protector Market Size Forecast by Type
5.2.1 Metal Material
5.2.2 Plastic Material
5.2.3 Ceramic Material
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermal Protector 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 Thermal Protector Market Size Forecast by Applications
6.2.1 Motor
6.2.2 Compressor
6.2.3 Transformer
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermal Protector 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 Thermal Protector 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 Thermal Protector Analysis and Forecast
9.1 Introduction
9.2 North America Thermal Protector 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 Thermal Protector Market Size Forecast by Type
9.6.1 Metal Material
9.6.2 Plastic Material
9.6.3 Ceramic Material
9.6.4 Other
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 Thermal Protector Market Size Forecast by Applications
9.10.1 Motor
9.10.2 Compressor
9.10.3 Transformer
9.10.4 Other
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 Thermal Protector Analysis and Forecast
10.1 Introduction
10.2 Europe Thermal Protector 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 Thermal Protector Market Size Forecast by Type
10.6.1 Metal Material
10.6.2 Plastic Material
10.6.3 Ceramic Material
10.6.4 Other
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 Thermal Protector Market Size Forecast by Applications
10.10.1 Motor
10.10.2 Compressor
10.10.3 Transformer
10.10.4 Other
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 Thermal Protector Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermal Protector 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 Thermal Protector Market Size Forecast by Type
11.6.1 Metal Material
11.6.2 Plastic Material
11.6.3 Ceramic Material
11.6.4 Other
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 Thermal Protector Market Size Forecast by Applications
11.10.1 Motor
11.10.2 Compressor
11.10.3 Transformer
11.10.4 Other
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 Thermal Protector Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermal Protector 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 Thermal Protector Market Size Forecast by Type
12.6.1 Metal Material
12.6.2 Plastic Material
12.6.3 Ceramic Material
12.6.4 Other
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 Thermal Protector Market Size Forecast by Applications
12.10.1 Motor
12.10.2 Compressor
12.10.3 Transformer
12.10.4 Other
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) Thermal Protector Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermal Protector 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) Thermal Protector Market Size Forecast by Type
13.6.1 Metal Material
13.6.2 Plastic Material
13.6.3 Ceramic Material
13.6.4 Other
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) Thermal Protector Market Size Forecast by Applications
13.10.1 Motor
13.10.2 Compressor
13.10.3 Transformer
13.10.4 Other
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 Thermal Protector Market: Competitive Dashboard
14.2 Global Thermal Protector Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermik
14.3.2 Hengxin Precision Electrical Equipment
14.3.3 Sensata Technologies
14.3.4 HSK Kunststoff Schweißtechnik GmbH
14.3.5 Ningguo BST Thermal Products
14.3.6 Jiangsu Changsheng Electric Appliance
14.3.7 Portage Electric Products
14.3.8 Focusens Technology
14.3.9 Thermtrol Corporation
14.3.10 Fluke Process Instruments
14.3.11 Thermik
