North America PTC Thermistor Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type [Ceramic PTC (Barium Titanate) and Polymer PTC (Carbon Doped Polymer)], Mode (Self-Heating Mode and Sensor Mode), and Application (Telecommunications and Networking, Automotive System, Industrial Electronics, Consumer Electronics and Home Appliances, Medical Instruments, and Others)
The PTC thermistor market in North America is expected to grow from US$ 102.34 million in 2021 to US$ 127.67 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028.
Mobile devices and smartphones are becoming compact and multifunctional. Therefore, the demand for smaller components that can ensure device stability and protect small electronic circuits is increasing rapidly. PTC thermistors are designed to provide a rapid increase in electrical resistance whenever their temperature increases beyond a certain threshold, thus protecting components and circuits from damage. The PTC thermistors help avoid failures and abnormalities in mobile devices by recognizing overcurrent in circuits, which may occur while assembling process or when a mobile drops or receives a sudden impact. Murata Manufacturing has successfully commercialized the world’s smallest PTC thermistor (commonly recognized as a resettable fuse) in the 0201-inch size (0.6 × 0.3 × 0.3 mm3) for respective mobile devices. The company also began mass production of this PTC thermistor with the part number PRG03BC181QB6RL in 2020. The latest PTC thermistors help manufacturers avoid short circuits and enhance products safety.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America PTC thermistor market to grow at a good CAGR during the forecast period.
North America PTC Thermistor Market Revenue and Forecast to 2028 (US$ Million)
North America 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
US Canada Mexico North America 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 Vishay Intertechnology, Inc.
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