Europe PTC Thermistor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [(Ceramic PTC (Barium Titanate) and Polymer PTC (Carbon Doped Polymer)], by Mode (Self Heating Mode and Sensor Mode), and by Application (Telecommunications and Networking, Automotive System, Industrial Electronics, Consumer Electronics and Home Appliances, Medical Instruments, and Others)
The PTC thermistor market in Europe is expected to grow from US$ 86.69 million in 2021 to US$ 102.41 million by 2028; it is estimated to grow at a CAGR of 2.4% from 2021 to 2028.
The telecommunications industry requires surge protective devices (SPDs) in large volumes every year, as these devices protect telephone, data, and signal lines. After installing PTC thermistors, telecom service providers need to evaluate the overcurrent protection of the end device. PTC thermistors function as telecommunications SPDs. The ceramic-based PTC thermistor helps in offering protection against power induction surges, power cross, and lighting surges. In the telecommunications sector, the PTC thermistor is also used in custom premises equipment (also known as subscriber terminal equipment), phone sets, modem, fax machines, answering machines, voice over IP equipment (Vo IP), powered ethernet systems, and set-top box. Since internet connectivity is growing across the world, the requirement for respective PTC thermistors is rising rapidly. Thus, the expanding 5G network and growing investments in the telecommunications industry are driving the growth of the Europe PTC thermistor market
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe PTC thermistor market at a good CAGR during the forecast period.
Europe PTC Thermistor Market Revenue and Forecast to 2028 (US$ Million)
Europe PTC Thermistor Market Segmentation
By Type
Ceramic PTC (Barium Titanate) Polymer PTC (Carbon Doped Polymer) By Mode
Self-Heating Mode Sensor Mode By Application
Telecommunications and Networking Automotive System Industrial Electronics Consumer Electronics and Home Appliances Medical Instruments Others By Country
France Germany Italy UK Russia Rest of Europe Europe PTC Thermistor Market - Companies Mentioned
Altium Europe Gmb H Amphenol Corporation Fuzetec Technology Co. Ltd. General Electric Company KRIWAN Industrie-Elektronik Gmb H Littelfuse, Inc Murata Manufacturing Co., Ltd. NXP Semiconductors TDK Corporation TE Connectivity Corporation Texas Instruments Incorporated Thermik Gerätebau Gmb H TMC Sensortechnik Gmb H Vishay Intertechnology, Inc. ZIEHL industrie-elektronik Gmb H + Co KG
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