Global NTC Thermistors Market Growth 2025-2031

Global NTC Thermistors Market Growth 2025-2031

The global NTC Thermistors market size is predicted to grow from US$ 672 million in 2025 to US$ 850 million in 2031; it is expected to grow at a CAGR of 4.0% from 2025 to 2031.

An NTC (Negative Temperature Coefficient) thermistor is a ceramic semiconductor made with various metal oxides. Their electrical resistance decreases with increasing temperature. A typical temperature range for existing ceramic negative temperature coefficient (NTC) thermistors is -80 degrees C to +300 degrees C. This resistance is processed by an electronic circuit to provide temperature measurement. The thermistor itself does not provide any control over heating elements, relays, etc. The thermistor is strictly a sensor and any electrical control would need to be implemented by the circuit utilizing the thermistor. Conventional ceramic NTC thermistors have been employed in the marketplace for over 70 years; and dominate the thermistor market. The ceramic thermistors are comprised of a metal oxide mix annealed at high temperatures. Companies around the world have used this ceramic technology to produce billions of thermistors annually. Typically, NTC thermistor is the most popular and economic solution for various fields such as home appliance, automotive, telecommunication, computer, medical instruments, industrial sites, etc.

NTC (Negative Temperature Coefficient) Thermistors market is relatively fragmented with fierce competition. Thinking Electronic is the world leading player in global NTC Thermistors market with the market share of 16%, in terms of revenue, followed by Shibaura, TDK, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Murata and Panasonic. The top 10 listed companies accounted for 69% of the revenue market share. The penetration of NTC Thermistors has risen over the past few years in applications ranging from consumer electronics to automotive. Asia Pacific is the largest downstream regions, occupied about 71% of market share, in terms of volume. The classification of Negative Temperature Coefficient Thermistor include Radial Type, Diode Type, Wire Bonding Type, Film Type, SMD Type, Wire Type and Chip in Glass Type. The market share of SMD Type is about 26%. Negative Temperature Coefficient Thermistor's application are Consumer Electronics, Medical Instruments, Automotive, Home Appliance, Industrial Equipment, Aerospace & Defense and Others. The most proportion of Negative Temperature Coefficient Thermistor are 30% market shares.

Electric vehicle industry adoption: Many current trends in the automotive industry require accurate, sensitive temperature measurements or sensitive detection of temperature deviations. SMT NTC thermistors are easy to integrate into automotive power electronic circuits such as electronic power steering (EPS), LED headlights, ABS or DC/DC converters.

The development of digital electronic products: With the increase in the use of digital electronic products, the degree of miniaturization of electronic components is also increasing. This requires the use of high-precision thermistors to control the equipment and conduct continuous monitoring. The rapid development in the field of consumer electronics such as leds predicts the tremendous growth of the NTC thermistor market.

Emerging technologies in Consumer Electronics: Another factor contributing to the growth of this market is emerging technologies in consumer electronics such as flexible printed circuits. Flexible printed circuits allow for interconnecting electronic devices on flexible plastic substrates such as polyimide (PI), eliminating the need to manufacture devices that fit the circuit board. NTC thermistors are the first choice for this type of technology because they are efficient in high-tech electronics and do not take up much space.

LP Information, Inc. (LPI) ' newest research report, the “NTC Thermistors Industry Forecast” looks at past sales and reviews total world NTC Thermistors sales in 2024, providing a comprehensive analysis by region and market sector of projected NTC Thermistors sales for 2025 through 2031. With NTC Thermistors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world NTC Thermistors industry.

This Insight Report provides a comprehensive analysis of the global NTC Thermistors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on NTC Thermistors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global NTC Thermistors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for NTC Thermistors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global NTC Thermistors.

This report presents a comprehensive overview, market shares, and growth opportunities of NTC Thermistors market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Radial Type
Diode Type
Wire Bonding Type
Film Type
SMD Type
Wire Type
Chip in Glass Type

Segmentation by Application:
Consumer Electronics
Medical Instruments
Automotive
Home Appliance
Industrial Equipment
Aerospace & Defense
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Thinking Electronic
Shibaura
TDK
Semitec Corporation
Mitsubishi
Vishay
Shiheng Electronics
AVX
Murata
Panasonic
Fenghua Electronics
Lattron
TE Connectivity
Ametherm
Amphenol Advanced Sensors
Littelfuse
Sinochip Electronics
E WAY Technology
EXSENSE Electronic
Tewa Temperature Sensors
TAYAO Technology
JOYIN
Elscott Manufacturing
KOA
Sen Tech
Mingjia Electric
Zhengli Group
UNIX TECH

Key Questions Addressed in this Report

What is the 10-year outlook for the global NTC Thermistors market?

What factors are driving NTC Thermistors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do NTC Thermistors market opportunities vary by end market size?

How does NTC Thermistors break out by Type, by Application?