Thermistor Temperature Sensors

Global Thermistor Temperature Sensors Market to Reach US$1.4 Billion by 2030

The global market for Thermistor Temperature Sensors estimated at US$1.0 Billion in the year 2024, is expected to reach US$1.4 Billion by 2030, growing at a CAGR of 5.3% over the analysis period 2024-2030. Temperature Monitoring, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$642.4 Million by the end of the analysis period. Growth in the Temperature Control segment is estimated at 5.8% CAGR over the analysis period.

The U.S. Market is Estimated at US$274.0 Million While China is Forecast to Grow at 9.1% CAGR

The Thermistor Temperature Sensors market in the U.S. is estimated at US$274.0 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$333.4 Million by the year 2030 trailing a CAGR of 9.1% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 2.1% and 5.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR.

Global Thermistor Temperature Sensors Market - Key Trends and Drivers Summarized

Why Are Thermistor Temperature Sensors Essential in Modern Electronics?

Thermistor temperature sensors, known for their high accuracy and reliability, are indispensable in modern electronics for temperature monitoring and control. These sensors, which exhibit a change in resistance with temperature, are widely used in applications ranging from consumer electronics and automotive systems to industrial machinery and healthcare devices. In consumer electronics, thermistors ensure that devices such as smartphones and laptops maintain optimal operating temperatures. In the automotive industry, they are crucial for monitoring battery and engine temperatures, particularly in electric vehicles. Additionally, thermistors play a key role in healthcare, where they are used in devices such as thermometers and patient monitoring systems.

How Is the Thermistor Temperature Sensors Market Segmented?

Thermistors are typically classified into two types: Negative Temperature Coefficient (NTC) and Positive Temperature Coefficient (PTC) thermistors, with NTC thermistors being the most widely used due to their sensitivity to temperature changes. Application segments include consumer electronics, automotive, industrial equipment, and healthcare. The automotive sector is one of the fastest-growing segments, driven by the increasing demand for temperature monitoring in electric vehicles and battery management systems. End-user industries such as aerospace, telecommunications, and energy also contribute significantly to the market, as temperature control is critical for maintaining the reliability and efficiency of equipment in these sectors.

What Technological Trends Are Influencing the Thermistor Market?

Technological advancements in thermistor temperature sensors are driving improvements in accuracy, response time, and durability. Recent innovations in material science, such as the use of advanced ceramics and polymers, have enhanced the thermal stability and sensitivity of thermistors. Additionally, miniaturization is a key trend, with manufacturers developing smaller and more compact sensors that can be integrated into increasingly compact electronic devices. The rise of the Internet of Things (IoT) is also expanding the use of thermistors in smart devices, where real-time temperature monitoring is essential for ensuring the performance and longevity of connected systems.

What Factors Are Driving Growth in the Thermistor Temperature Sensors Market?

The growth in the thermistor temperature sensors market is driven by several factors, including the rising demand for temperature monitoring in electric vehicles, the increasing adoption of smart home devices, and the growing need for accurate temperature control in healthcare applications. The expansion of the IoT is also a significant growth driver, as more devices require real-time temperature sensing for optimal performance. Additionally, the push for energy-efficient appliances and electronics is boosting demand for thermistors in HVAC systems and industrial automation. The development of more durable and high-performance thermistors, capable of withstanding extreme conditions, is further contributing to market growth, particularly in aerospace and automotive applications.

SCOPE OF STUDY:

The report analyzes the Thermistor Temperature Sensors market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Temperature Monitoring, Temperature Control, Other Types); Application (Automotive, Industrial Electronics, Telecommunications & Networking, Consumer Electronics, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 47 Featured) -

• BÃœRKERT FLUID CONTROL SYSTEMS
• Blulog Sp. z o.o.
• Burkert Contromatic Pvt., Ltd.
• Dpstar group
• Durex Industries, Inc.
• E-Control Systems, Inc.
• Glen Dimplex Professional Appliances - Lec Medical
• Greentrol Automation, Inc.
• Honeywell International, Inc.
• Indumart

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

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APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

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