NTC development trend

　　In 2021, the global market size of NTC and PTC thermistors will reach US $948.08 million, and it is expected to reach US $1283.52 million in 2028, with a compound annual growth rate (CAGR) of 4.57%.

　　At the regional level, the Chinese market has changed rapidly in the past few years. In 2021, the market size will be 456.91 million US dollars, accounting for 48.19% of the world's total. It is estimated that it will reach 705.70 million US dollars in 2028, accounting for 54.98% of the world's total.

　　From the perspective of product type, the market scale of NTC thermistor will reach 624.99 million dollars in 2021, and is expected to reach 803.83 million dollars in 2028, with a compound annual growth rate (CAGR) of 3.84% from 2021 to 2027. The market scale of PTC thermistor will reach 323.06 million dollars in 2021, and is expected to reach 479.69 million dollars in 2028. The compound annual growth rate (CAGR) from 2022 to 2028 will be 5.87%.

　　From the perspective of product market application, the market scale of NTC and PTC thermistor products used in consumer electronics is the largest, accounting for 32.68% in 2021. Among them, the automobile will grow rapidly in the forecast period, mainly because the electric vehicle will replace the fuel vehicle and the electronic vehicle control market has become the main growth force of the electronics industry. The market size of this application will reach 182.55 million dollars in 2021, 261.03 million dollars in 2028, and the compound annual growth rate (CAGR) from 2021-2027 will be 5.38%

　　This report studies the production capacity, output, sales volume, sales volume, price and future trend of NTC and PTC thermistors in the global and Chinese markets. Focus on analyzing the product characteristics, product specifications, prices, sales volume, sales revenue and market shares of major manufacturers in the global and Chinese markets. The historical data is from 2017 to 2021, and the forecast data is from 2022 to 2028.

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