Global NTC and PTC Thermistors Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global NTC and PTC Thermistors market size was valued at US$ 1052 million in 2024 and is forecast to a readjusted size of USD 2282 million by 2031 with a CAGR of 4.7% during review period.

A thermistor is a thermally sensitive resistor generally composed of semiconductor materials, and its resistance varies significantly with temperature. Thermistors are economical and stable, and operate in the temperature range that covers the whole range necessary for ordinary temperature control. They therefore are used in a wide range of applications.

Global key players of NTC and PTC thermistors include TE Connectivity, Thinking Electronic, TDK, etc. China is the largest producer of NTC and PTC thermistors, holds a share about 50%, followed by North America, and Europe. In terms of product, NTC thermistor is the largest segment, with a share over 65%. And in terms of application, the largest segment is consumer electronics, with a share over 30%.

Technology upgrade and demand growth

Technical progress: With the continuous development of intelligent and integrated technology, the performance of thermistor continues to improve, and its application range is increasingly extensive. For example, compound thermistors in the medical field have both temperature measurement and biological detection functions, and have wide application prospects.

Demand growth: Thermistor as a temperature sensor, circuit protection, temperature compensation and other temperature sensing components, as well as heating components, in home appliances, communication units, industrial control systems, automotive electronics, medical equipment and other fields are widely used. With the rapid development and technological upgrading of these industries, the demand for high quality, high precision and high reliability thermistors continues to increase.

Electronic equipment and automotive industry needs

Popularity of electronic devices: With the popularity of electronic devices such as smartphones and tablets, the demand for electronic components such as thermistors is also increasing. These devices require high-precision temperature sensors to monitor the temperature and ensure the normal operation of the device and the user experience.

Automotive industry development: The automotive industry is one of the important application areas of thermistors. With the rise of electric vehicles and the continuous upgrading of automotive electronic systems, the demand for thermistors continues to grow. The thermistor is mainly used in the automobile for battery management, motor control, and temperature control in the car.

Growth in the medical device market

The demand for medical devices is also increasing, which will bring more opportunities to the thermistor market. Thermistor is mainly used in medical equipment for temperature measurement and temperature control of medical equipment, and its high-precision and high-reliability characteristics make it an indispensable key component in medical equipment.

Policy support and industrial upgrading

Policy support: The support policies of governments for the electronics industry, the automotive industry and the medical industry have also promoted the development of the thermistor market to a certain extent. For example, subsidy policies for new energy vehicles and procurement policies for medical equipment have indirectly promoted the growth of the thermistor market.

Industrial upgrading: With the acceleration of industrial transformation and upgrading, the demand for electronic components is also increasing. As one of the important electronic components, the market demand for thermistor will continue to grow with industrial upgrading.

This report is a detailed and comprehensive analysis for global NTC and PTC Thermistors market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global NTC and PTC Thermistors market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global NTC and PTC Thermistors market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global NTC and PTC Thermistors market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2020-2031

Global NTC and PTC Thermistors market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for NTC and PTC Thermistors

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global NTC and PTC Thermistors market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thinking Electronic, TE Connectivity, Polytronics, TDK, Shibaura, Shiheng Electronics, Semitec Corporation, Vishay, Amphenol Advanced Sensors, Mitsubishi, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

NTC and PTC Thermistors market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
NTC Thermistor
PTC Thermistor

Market segment by Application
Consumer Electronics
Medical Instruments
Automotive
Home Appliance
Industrial Equipment
Aerospace & Defense
Others

Major players covered
Thinking Electronic
TE Connectivity
Polytronics
TDK
Shibaura
Shiheng Electronics
Semitec Corporation
Vishay
Amphenol Advanced Sensors
Mitsubishi
Murata
Wayon
KYOCERA AVX
Fenghua Electronics
Bourns
Panasonic
Fuzetec
Lattron
Sea & Land
Ametherm
Keter
Littelfuse
Sinochip Electronics
E WAY Technology
EXSENSE Electronic
Tewa Temperature Sensors
TAYAO Technology
JOYIN
KOA
Elscott Manufacturing

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe NTC and PTC Thermistors product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of NTC and PTC Thermistors, with price, sales quantity, revenue, and global market share of NTC and PTC Thermistors from 2020 to 2025.

Chapter 3, the NTC and PTC Thermistors competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the NTC and PTC Thermistors breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and NTC and PTC Thermistors market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of NTC and PTC Thermistors.

Chapter 14 and 15, to describe NTC and PTC Thermistors sales channel, distributors, customers, research findings and conclusion.