Thermistor Temperature Sensor Market Trends, Industry | 2030

Segments - Thermistor Temperature Sensor Market by Types (Positive Temperature Coefficient and Negative Temperature Coefficient), End Users (Chemical & Petrochemical, Power Generation, Metal & Mining, Semiconductor, Automotive, Oil & Gas, Food & Beverage, Life Sciences, Aerospace & Military, HVAC, and Others), and Geography (North America, Europe, Middle East & Africa, Asia Pacific, Latin America) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

Author : Raksha Sharma

Fact-checked by : Vineet Pandey

Editor : Shruti Bhat

Report Description

The global thermistor temperature sensor market size is expected to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to growing demand of industrial automation, and consumption of sensors in all industries worldwide is increasing rapidly.

Global Thermistor Temperature Sensor Market summary

Thermistor or temperature sensitive resistor is a resistor whose resistance value is related to temperature. It is a heat-sensitive solid-state transducer with two connections, made of sensitive metal oxide on the basis of semiconductors, and sintered or metalized pins on ceramic beads or disks. This design allows the product to change its resistance in proportion to small changes in temperature. The thermistor is one of the most commonly used temperature sensors.

The thermistor is more widely used because of its advantages over other types of temperature sensors as it has several advantages such as low cost, durable, and small in size, therefore they are portable. Thermocouple temperature sensors are widely used in various industries such as electronics and car manufacturer. These sensors come in many forms and have their own unique uses, such as: Integrated circuit (IC) temperature sensors used in electronic applications to detect the heat generated and turn on cooling equipment such as engine, exhaust, HVAC, and gearbox temperatures.

Market Trends, Drivers, Restraints, and Opportunities

Rising cases of different health problems is creating demand for advanced healthcare equipment with medical sensors is expected to boost the market during the forecast period.
Rapid growth of the petrochemical industry and technological advancement in the industry is major factors fueling the market in the coming years.
Increasing adoption of HVAC system in automotive industry and growing application of temperature sensor in automotive is anticipated to drive the market.
High volatility in price of sensors is expected to restrict the market growth.
Lack of skilled labor for designing issues of temperature sensors regarding thermo wells act as major challenges that can restrict the market growth during the forecast period.
R&D investment and technological advancement in smart home services and increasing demand for consumer electronics is projected to offer significant opportunities for the market players.

Scope of the Report

The report on the global thermistor temperature sensor market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Thermistor Temperature Sensor Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Positive Temperature Coefficient and Negative Temperature Coefficient), and End Users (Chemical & Petrochemical, Power Generation, Metal & Mining, Semiconductor, Automotive, Oil & Gas, Food & Beverage, Life Sciences, Aerospace & Military, HVAC, and Others)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Panasonic Corp.; Emerson Electric Company; Mitsubishi Material Corp; Texas Instruments Inc.; and Honeywell International Inc.

Market Segment Insights

The negative temperature coefficient segment is projected to hold a major market share

Based on types, the thermistor temperature sensor market is bifurcated into positive temperature coefficient and negative temperature coefficient. The negative temperature coefficient segment is expected to represent a key share of the market during the forecast period. The negative temperature coefficient thermistor is a ceramic semiconductor made of a variety of metal oxides. Negative temperature coefficient sensors provide an inexpensive, reliable, and accurate solution for applications that require more thorough verification to increase acceptance.

Global Thermistor Temperature Sensor Market types

The automotive segment is expected to expand at a significant pace

In terms of applications, the thermistor temperature sensor market is divided into chemical & petrochemical, power generation, metal & mining, semiconductor, automotive, oil & gas, food & beverage, life sciences, aerospace & military, HVAC, and others. The automotive segment is anticipated to hold a key share of the market during the forecast period owing to its application in the automotive industry to send signals to sensors, and now they are used to send signals to electrical controls. With the technological changes in the automotive industry, the global demand for connected and autonomous vehicles continues to grow, and suppliers are increasingly developing industry-specific solutions. For example, Texas Instruments added a linear thermistor to its temperature sensor product portfolio, which is 50% more accurate than negative temperature coefficient thermistors. It is also one of the smallest linear thermistors on the market.

Global Thermistor Temperature Sensor Market application

Asia Pacific is anticipated to dominate the market

On the basis of regions, the thermistor temperature coefficient market is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to dominate the market during the forecast period. As many countries adopt electric vehicle solutions, the automotive landscape is changing, and the demand for thermistors in the Asia-Pacific region is growing. Among other things, shopping malls are driving demand for heating, ventilation and air conditioning systems in the area. As thermistor-based sensors become an indispensable part of HVAC applications, data centers (especially in developing countries) are driving the researched market demand. The internet data center is expected to grow in China, and its scale is 22 times that of the United States, or at least 10 times that of Japan.

Global Thermistor Temperature Sensor Market region

Segments

Segments Covered in the Report
The global thermistor temperature sensor market has been segmented on the basis of
Types

Positive Temperature Coefficient
Negative Temperature Coefficient

Applications

Chemical & Petrochemical
Power Generation
Metal & Mining
Semiconductor
Automotive
Oil & Gas
Food & Beverage
Life Sciences
Aerospace & Military
HVAC
Others

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Panasonic Corp.
Emerson Electric Company
Mitsubishi Material Corp
Texas Instruments Inc.
Honeywell International Inc.

Competitive Landscape

Key players competing in the thermistor temperature sensor market include Panasonic Corp.; Emerson Electric Company; Mitsubishi Material Corp; Texas Instruments Inc.; and Honeywell International Inc.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Global Thermistor Temperature Sensor Market keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermistor Temperature Sensor Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Thermistor Temperature Sensor Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Thermistor Temperature Sensor Market - Supply Chain
  4.5. Global Thermistor Temperature Sensor Market Forecast
     4.5.1. Thermistor Temperature Sensor Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Thermistor Temperature Sensor Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Thermistor Temperature Sensor Market Absolute $ Opportunity
5. Global Thermistor Temperature Sensor Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     5.3.1. Positive Temperature Coefficient
     5.3.2. Negative Temperature Coefficient
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Thermistor Temperature Sensor Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Thermistor Temperature Sensor Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
7. North America Thermistor Temperature Sensor Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Thermistor Temperature Sensor Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     7.4.1. Positive Temperature Coefficient
     7.4.2. Negative Temperature Coefficient
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
8. Latin America Thermistor Temperature Sensor Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Thermistor Temperature Sensor Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     8.4.1. Positive Temperature Coefficient
     8.4.2. Negative Temperature Coefficient
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
9. Europe Thermistor Temperature Sensor Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Thermistor Temperature Sensor Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     9.4.1. Positive Temperature Coefficient
     9.4.2. Negative Temperature Coefficient
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
10. Asia Pacific Thermistor Temperature Sensor Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Thermistor Temperature Sensor Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     10.4.1. Positive Temperature Coefficient
     10.4.2. Negative Temperature Coefficient
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
11. Middle East & Africa Thermistor Temperature Sensor Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Thermistor Temperature Sensor Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Thermistor Temperature Sensor Market Size and Volume Forecast by Types
     11.4.1. Positive Temperature Coefficient
     11.4.2. Negative Temperature Coefficient
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Thermistor Temperature Sensor Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Thermistor Temperature Sensor Market: Market Share Analysis
  12.2. Thermistor Temperature Sensor Distributors and Customers
  12.3. Thermistor Temperature Sensor Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Panasonic Corp.
     12.4.2. Emerson Electric Company
     12.4.3. Mitsubishi Material Corp
     12.4.4. Texas Instruments Inc.
     12.4.5. Honeywell International Inc.