AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "NTC Thermistors market - Global outlook to 2026". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global NTC Thermistors market to grow at a CAGR of %.
According to Analyst at AMA Research, the Global NTC Thermistors market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing demand for thermistors in the automotive industry for various applications and Change in government standards and demand patterns from the end-users.
NTC Thermistors stands for Negative Temperature Coefficient, which adjusts their obstruction qualities with temperature. Thermistors are temperature-detecting components made of semiconductor material that has been sintered to show enormous changes in resistance concerning little temperature changes. The resistance of NTC will diminish as the temperature increments. The way where the resistance diminishes is identified with a steady referred to in the gadgets business as beta or ß. Beta is estimated in °K. The NTC Thermistors are utilized in the microwave and other domestic machines, boilers, computerized thermometers, manufacturing, HVAC applications, 3D printers, and clinical applications.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global NTC Thermistors market by Type (Diode Type, Film Type, Radial Type, Wire Bonding Type and Others), by Application (Automotive, Domestic Appliances, Chemical, Metal and Mining, Petrochemical, Power Generation, Semiconductor and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market