Get In Touch

A thermistor, or a thermally sensitive resistor, is a type of resistor whose resistance is dependent on the temperature. It is a two-terminal solid state thermally sensitive transducer manufactured from sensitive semiconductor-based metal oxides with sintered or metallized connecting leads onto a ceramic bead or disc. This design allows the product to change its resistance value in proportion to small changes in temperature. The word ‘thermistor’ is a combination of two words: thermal and resistor.

Thermistors are among the more commonly used temperature sensors. Other types of sensors include thermocouples, thermometer integrated circuits (ICs), and resistance temperature detectors (RTDs). Thermistors are used more because of their advantages over other types of temperature sensors. These advantages include lower cost, durability, and smaller size; hence, they are portable. However, several factors limit the growth of the thermistor temperature sensors market. They are slow response time and nonlinear output.

Based on type of thermistors, the thermistor temperature sensors market can be segmented into negative temperature coefficient (NTC) thermistors and positive temperature coefficient (PTC) thermistors. NTC thermistors show a drop in their resistive value when the operating temperature around them increases. On the contrary, PTC thermistors exhibit an increase in their resistive value, when the operating temperature around them increases. NTC thermistors account for major share of the market, as they can be used in a majority of equipment where temperature has a role to play.

In terms of application, the thermistor temperature sensors market can be divided into temperature monitoring, temperature control, and others. The temperature monitoring segment holds key share of the market, as temperature monitoring can be used in many industries and works especially well in the lower ranges of temperature. The temperature control segment plays an important role in preventing damage to machinery and factories. The others segment constitutes negligible share of the market. It includes the use of the equipment in the form of self-regulating heating elements and self-resetting overcurrent protectors.

In terms of end-user industry, the thermistor temperature sensors market can be segregated into transportation, industrial, military, and others. Demand for thermistors is high in transportation and industrial segments. However, it also has widespread use in the military sector and the space industry (including satellites, launch vehicles, space tourism, and other equipment).

In terms of region, the thermistor temperature sensor market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific, Latin America, and Middle East & Africa are expected to account for large share, considering the market is largely driven by the industrial sector. North America and Europe are mature markets and their growth prospects are expected to be limited during the next few years.

Leading manufacturers of thermistors in the world are Murata Manufacturing Co. Ltd., Mouser, QTI Sensing Solutions, TEWA Electronics Group, Thermo Sensors Corporation, Siemens Process Instrumentation, Backer Howatt Inc., Sentrion Corporation, US Sensor Corp., Semitec USA Corp., Sen Tech Co. Ltd., and Shenzhen DXM Technology Co., Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

Enquiry Before Buying

Thermistor Temperature Sensors Market