PTC Thermistor Market Growth and Analysis by 2028

Historic Data: 2019-2020 | Base Year: 2021 | Forecast Period: 2022-2028

PTC Thermistor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type ( Ceramic PTC (Barium Titanate) and Polymer PTC (Carbon Doped Polymer) ); by Mode ( Self Heating Mode and Sensor Mode ); by Application ( Telecommunications and Networking, Automotive System, Industrial Electronics, Consumer Electronics and Home Appliances, Medical Instruments, and Others ), and Geography

Report Date : Feb 2022
Report Code : TIPRE00017367

Category : Electronics and Semiconductor
Status : Published

Available Report Formats :
No. of Pages : 178

Also Available in :

한국어 Deutsch 日本 Français لعربية 中文 Italiano Español

Page Updated: Jun 2024

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The PTC thermistor market is expected to grow from US$ 372.06 million in 2021 to US$ 475.21 million by 2028; it is estimated to grow at a CAGR of 3.6% during 2021 to 2028.

PTC thermistor market Insights

Linear silicon PTC thermistors resistance rises with an increase in the temperature and exhibits a virtually linear positive temperature coefficient over the entire temperature range. The thermistor is useful for temperature compensation and measurement control system. Silicon PTC thermistors are very much reliable as they feature long operational lifetimes. PTC thermistors are widely required for automotive vehicles carburetor heating. PTC water heater utilizes PTC thermistor elements as a source of heat. A ceramic PTC thermistor is majorly utilized for the auxiliary electric heater of the air conditioner. Positive temperature coefficient (PTC) heaters provide safety and efficiency for electric vehicle (EV) heating systems. In an electric vehicle, the PTC heater runs off the high voltage battery for maximizing the power delivered to the heater. Automotive HVAC is a growing trend in today’s automobile sector across all the countries. Increasing buying capacity, decreasing interest rates, encouraging government initiatives, and easy finance availability drive the demand for electric vehicles across various countries of the world. Sales of electric vehicles in the US, China, and Europe markets increased by almost 160% i.e., around 2.5 million units in the first half of 2021, as compared to the previous year. In India, the Ministry of Road, Transport and Highways issued a draft notification that offered an exemption from paying for renewing or issuing registration certificates to the people having battery-operated vehicle. Also, stringent carbon emission norms in European countries are driving the demand for electric vehicles. Thus, the growing automobile industry is expected to create lucrative opportunities for respective PTC thermistor market during the forecast period.

Customize This Report To Suit Your Requirement
You will get customization on any report - free of charge - including parts of this report, or country-level analysis, Excel Data pack, as well as avail great offers and discounts for start-ups & universities

Get FREE CUSTOMIZATION

PTC Thermistor Market: Strategic Insights

Get Top Key Market Trends of this report.
This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Impact of COVID-19 Pandemic on PTC Thermistor Market

South Africa, Saudi Arabia, Morocco, The United Arab Emirates (UAE), Egypt, and Kuwait are the key countries in the Middle East and Africa region that have faced the ill effects of the COVID-19 pandemic. The majority of economic operations in the region were suspended due to an increase in the number of COVID-19 cases in the region. Many countries in the African region as still in developing states and are not as developed as the countries of the Middle East. The UAE is a well-known tourist place that receives thousands of travelers throughout the year. Since the tourism sector in the country suffered considerable economic losses, due international travel ban, demand for respective electronic appliances and HVAC systems reduced notably. This impacted the demand for respective PTC thermistors. Moreover, the end-user industries in the region are highly dependent on international suppliers and witnessed significant supply chain disruption during Q2 of 2020. However, with the beginning of Q3 of 2020, the demand for various semiconductor products including PTC thermistors started increasing among the end-user industries owing to the re-initiation of the operations.

Type-Based Market Insights

Based on type, the global PTC thermistor market is segmented into ceramic PTC (Barium Titanate) and polymer PTC (Carbon Doped Polymer). The ceramic PTC segment dominated the market in 2020. To ensure that barium titanate-based semiconductor ceramic compositions can be utilized at higher temperatures for applications such as array of applications and thermistors for heaters, rising curie temperatures is needed. The PTC thermistor made up with a barium titanate-based semiconductor ceramic composition exhibits slight deterioration with time, that is excellent in reliability.

Mode-Based Market Insights

Based on mode, the PTC thermistor market is segmented into self heating mode and sensor mode. In terms of market share, the market was dominated by the self heating mode segment. Self-heated heat applications signifies the fact that when a voltage is implied to a thermistor & sufficient current flows, the temperature increases. As the Curie temperature is approached, resistance rises, enabling less current to flow. The self-heating effect is a phenomenon taking place when the current is flowing via thermistor.

Players operating in the PTC thermistor market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In January 2020, Murata Manufacturing Co., Ltd. has commercialized the world's smallest PTC thermistor for mobile devices in the 0201 inch size (0.60.30.3mm) and has recently commenced mass production of this device under the component number PRG03BC181QB6RL.

PTC Thermistor Market Regional Insights

The regional trends and factors influencing the PTC Thermistor Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses PTC Thermistor Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

PTC Thermistor Market Report Scope

Report Attribute	Details
Market size in 2021	US$ 372.06 Million
Market Size by 2028	US$ 475.21 Million
Global CAGR (2021 - 2028)	3.6%
Historical Data	2019-2020
Forecast period	2022-2028
Segments Covered	By Type Ceramic PT Polymer PTC By Mode Self Heating Mode Sensor Mode By Application Telecommunications and Networking Automotive System Industrial Electronics Consumer Electronics and Home Appliances Medical Instruments
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	TE Connectivity Corporation TDK Corporation Texas Instruments Incorporated Vishay Intertechnology, Inc. ZIEHL industrie-elektronik GmbH + Co KG Murata Manufacturing Co., Ltd. Amphenol Corporation KRIWAN Industrie-Elektronik GmbH NXP Semiconductors

PTC Thermistor Market Players Density: Understanding Its Impact on Business Dynamics

The PTC Thermistor Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Get the PTC Thermistor Market top key players overview

The PTC thermistor market is segmented based on type, mode, and application. Based on type, the PTC thermistor market is segmented into ceramic PTC (Barium Titanate) and polymer PTC (Carbon Doped Polymer). In terms of mode, the PTC thermistor market is segmented into self heating mode and sensor mode. In terms of application, the PTC thermistor market is segmented into telecommunications and networking, automotive system, industrial electronics, consumer electronics and home appliances, medical instruments, and others.

Bourns, Inc; Littelfuse, Inc.; Murata Manufacturing Co., Ltd; Polytronics Technology Corporation; and TE Connectivity are the key PTC thermistor market players considered for the research study. In addition, several other significant market players have been studied and analyzed in this research report to get a holistic view of the PTC thermistor market and its ecosystem.

Frequently Asked Questions

Which are the major companies operating in the PTC thermistor market?

The major companies in PTC thermistor includes Bourns, Inc, Littelfuse, Inc., Murata Manufacturing Co., Ltd, Polytronics Technology Corporation, and TE Connectivity. The ranking has been derived analysing multiple parameters such as annual revenue earned from PTC thermistor portfolio, client base, geographic locations, R&D expenditure, brand image, and number of employees, among others. These companies are actively participating in developing PTC thermistor for various applications.

Which country dominated the APAC region PTC thermistor market?

China held the largest share in Europe region. China is the leading country in APAC for PTC thermistor and is becoming the world's third largest trading nation, after the United States and Japan, as well as the world's top destination for foreign direct investment (FDI) and one of the world's major manufacturing bases, since joining the World Trade Organization in 2001. Electronics has become one of China's most important businesses because of the country's rapid economic growth. China has surpassed the United States as the world's leading producer of various electronic appliances and home appliances.

Which type dominated the market in 2020?

The global PTC thermistor market was dominated by ceramic PTC segment accounted for the largest share in 2020 during the forecast period. To ensure that barium titanate-based semiconductor ceramic compositions can be utilized at higher temperatures for applications such as array of applications and thermistors for heaters, rising curie temperatures is needed. The PTC thermistor made up with a barium titanate-based semiconductor ceramic composition exhibits slight deterioration with time, that is excellent in reliability.

Which region has dominated the PTC thermistor market in 2021?

In 2020, APAC led the market with a substantial revenue share, followed by North America and Europe. imprints of resistors manufacturers such as Rohm, YAGEO Headquarters, Japan Resistor Manufacturing, and Panasonic; and thermistor manufacturers including Murata, Mitsubishi Materials Corporation, and Fuzetec Technology Co.Ltd., in the region further helps in boosting the demand for PTC thermistor, and thus facilitating the market growth. Moreover, Developments and investment made by thermistor manufacturers further assists in penetrating the market growth. For instance, in January 2020, Murata Manufacturing had successfully commercialized smallest*1 PTC thermistor*2 (commonly known as a resettable fuse*3) in the 0201-inch size (0.6Ã—0.3Ã—0.3mm) globally for mobile devices.

What are key driving factors behind PTC thermistor market growth?

Rising adoption of smartphones in developing countries, expanding telecommunication sector worldwide, growing automobile industry, and rising use in medical sector are supporting the growth of PTC thermistor, and thereby influencing the market growth.

What are key market opportunities for PTC thermistor market?

Silicon PTC thermistors are very much reliable as they feature long operational lifetimes. PTC thermistors are widely required for automotive vehicles carburetor heating. PTC water heater utilizes PTC thermistor elements as a source of heat. A ceramic PTC thermistor is majorly utilized for the auxiliary electric heater of the air conditioner. Positive temperature coefficient (PTC) heaters provide safety and efficiency for electric vehicle (EV) heating systems. Silicon PTC thermistors are very much reliable as they feature long operational lifetimes. PTC thermistors are widely required for automotive vehicles carburetor heating. PTC water heater utilizes PTC thermistor elements as a source of heat. A ceramic PTC thermistor is majorly utilized for the auxiliary electric heater of the air conditioner. Positive temperature coefficient (PTC) heaters provide safety and efficiency for electric vehicle (EV) heating systems.

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the PTC Thermistor Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

PTC Thermistor Market Report Snapshots

Recent Reports

Testimonials

I wish to appreciate your support and the professionalism you displayed in the course of attending to my request for information regarding to infectious disease IVD market in Nigeria. I appreciate your patience, your guidance, and the fact that you were willing to offer a discount, which eventually made it possible for us to close a deal. I look forward to engaging The Insight Partners in the future, all thanks to the impression you have created in me as a result of this first encounter.

DR CHIJIOKE ONYIA MANAGING DIRECTOR, PineCrest Healthcare Ltd.

The Insight Partners delivered insightful, well-structured market research with strong domain expertise. Their team was professional and responsive throughout. The user-friendly website made accessing industry reports seamless. We highly recommend them for reliable, high-quality research services

YUKIHIKO ADACHI CEO, Deep Blue, LLC.

We worked with The Insight Partners for an important market study and forecast. They gave us clear insights into opportunities and risks, which helped shape our plans. Their research was easy to use and based on solid data. It helped us make smart, confident decisions. We highly recommend them.

PIYUSH NAGPAL Sr. Vice President, High Beam Global

I requested a report on a very specific software market and the team produced the report in a few days. The information was very relevant and well presented. I then requested some changes and additions to the report. The team was again very responsive and I got the final report in less than a week.

Jean-Herve Jenn Chairman, Future Analytica

This is the first time I have purchased a market report from The Insight Partners.While I was unsure at first, I visited their web site and felt more comfortable to take the risk and purchase a market report.I am completely satisfied with the quality of the report and customer service. I had several questions and comments with the initial report, but after a couple of dialogs over email with their analyst I believe I have a report that I can use as input to our strategic planning process.Thank you so much for taking the extra time and making this a positive experience.I will definitely recommend your service to others and you will be my first call when we need further market data.

John Suzuki President and Chief Executive Officer, Board Director, BK Technologies

The Insight Partners' SCADA System Market report is comprehensive, with valuable insights on current trends and future forecasts. The team was highly professional, responsive, and supportive throughout. We are very satisfied and highly recommend their services.

Ran Kedem Partner, Reali Technologies LTDs

Reason to Buy

Informed Decision-Making
Understanding Market Dynamics
Competitive Analysis
Identifying Emerging Markets

Customer Insights
Market Forecasts
Risk Mitigation
Boosting Operational Efficiency

Strategic Planning
Investment Justification
Tracking Industry Innovations
Aligning with Regulatory Trends

Your Key Concerns Addressed - Question & Answer

Can I view a sample of the report before purchasing?

Yes! We provide a free sample of the report, which includes Report Scope (Table of Contents), report structure, and selected insights to help you assess the value of the full report. Please click on the "Download Sample" button or contact us to receive your copy.

Is analyst support included with the purchase?

Absolutely - analyst assistance is part of the package. You can connect with our analyst post-purchase to clarify report insights, methodology or discuss how the findings apply to your business needs.

What are the next steps once I place an order?

Once your order is successfully placed, you will receive a confirmation email along with your invoice.

• For published reports: You'll receive access to the report within 4-6 working hours via a secured email sent to your email.
• For upcoming reports: Your order will be recorded as a pre-booking. Our team will share the estimated release date and keep you informed of any updates. As soon as the report is published, it will be delivered to your registered email.

Can the report be tailored to suit my specific needs?

We offer customization options to align the report with your specific objectives. Whether you need deeper insights into a particular region, industry segment, competitor analysis, or data cut, our research team can tailor the report accordingly. Please share your requirements with us, and we'll be happy to provide a customized proposal or scope.

In what format is the report delivered?

The report is available in either PDF format or as an Excel dataset, depending on the license you choose.

The PDF version provides the full analysis and visuals in a ready-to-read format. The Excel dataset includes all underlying data tables for easy manipulation and further analysis.
Please review the license options at checkout or contact us to confirm which formats are included with your purchase.

How secure is the payment process on your platform?

Our payment process is fully secure and PCI-DSS compliant.

We use trusted and encrypted payment gateways to ensure that all transactions are protected with industry-standard SSL encryption. Your payment details are never stored on our servers and are handled securely by certified third-party processors.
You can make your purchase with confidence, knowing your personal and financial information is safe with us.

Do you provide special pricing for buying multiple reports?

Yes, we do offer special pricing for bulk purchases.
If you're interested in purchasing multiple reports, we're happy to provide a customized bundle offer or volume-based discount tailored to your needs. Please contact our sales team with the list of reports you're considering, and we’ll share a personalized quote.

Can I connect with your team to discuss the report before buying?

Yes, absolutely.
Our team is available to help you make an informed decision. Whether you have questions about the report’s scope, methodology, customization options, or which license suits you best, we're here to assist. Please reach out to us at sales@theinsightpartners.com, and one of our representatives will get in touch promptly.

Will I get a billing invoice upon purchase?

Yes, a billing invoice will be automatically generated and sent to your registered email upon successful completion of your purchase.
If you need the invoice in a specific format or require additional details (such as company name, GST, or VAT information), feel free to contact us, and we’ll be happy to assist.

Is there support available if I can't access my report?

Yes, certainly.
If you encounter any difficulties accessing or receiving your report, our support team is ready to assist you. Simply reach out to us via email or live chat with your order information, and we'll ensure the issue is resolved quickly so you can access your report without interruption.