Middle East and Africa 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 MEA is expected to grow from US$ 11.76 million in 2021 to US$ 14.14 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028.
In the medical field, the PTC thermistors are used in vaporizers, inhalers, anesthesia gas heating, electronic medical thermometers, and massage and other equipment temperature controls. Focus Sensing and Control Technology Co., LTD. offers PTC thermistors for various medical applications. The PTC thermistors used in medical equipment help in maintaining the desired temperature in the range of 10? to 250?. In medical cases, the PTC thermistors can warm infusion solutions up to body temperature level. The use of PTC thermistors is growing tremendously in patient monitoring devices. In the 2021 Union Budget of India, the health infrastructure investment expanded 2.37x, or 137% year-on-year (Yo Y), to reach the value of US$ 30.70 billion. Thus, growing investments in the health sector, coupled with the increasing application of PTC thermistors in this sector, is expected to fuel the growth of the market in the MEA in the coming years.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA PTC thermistor market to grow at a good CAGR during the forecast period.
MEA PTC Thermistor Market Revenue and Forecast to 2028 (US$ Million)
MEA 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
South Africa Saudi Arabia UAE Rest of MEAMEA PTC Thermistor Market - Companies Mentioned
Amphenol Corporation Fuzetec Technology Co. Ltd. General Electric Company Littelfuse, Inc NXP Semiconductors TDK Corporation TE Connectivity Corporation Texas Instruments Incorporated Vishay Intertechnology, Inc.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA PTC thermistor market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the MEA PTC thermistor market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth MEA market trends and outlook coupled with the factors driving the PTC thermistor market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook