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Global positive temperature coefficient (PTC) thermistors market size to expand at 5% CAGR through 2028

Global positive temperature coefficient (PTC) thermistors market size to expand at 5% CAGR through 2028

According to industry experts, the size of global positive temperature coefficient (PTC) thermistors market was evaluated at USD 323 million in 2021 and is expected to grow to USD 454.5 million by 2028, exhibiting a CAGR of 5% during the review timeline.

The research study on 'Global Positive Temperature Coefficient (PTC) Thermistors Market' offers a thorough analysis of the major growth factors, lucrative opportunities, and barriers that are projected to have an impact on market trends between 2022 and 2028. The report's objective is to use a validated methodology to estimate the total market size, share, and volume for multiple regions.

The document also elaborates on a number of divisions, including the end-user scope and product type. Along with the corporations managing the cash flow, it also includes information about the specific locations that contribute to creating market revenues. The data is set up to guarantee a sizable profit margin for stakeholders and other parties looking to get involved in this industry.

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COVID-19 Impact:

Since end-user activities restricted the industry's overall development and led to a production halt, the COVID-19 outbreak had a substantial impact on worldwide positive temperature coefficient (PTC) thermistors industry's supply chain. Lockdown restrictions were another unforeseen outcome of the COVID-19 debacle that affected the industries severely.

The whole financial system, supply chains, and demand were all profoundly impacted by the crisis. The report's objective is to provide greater evidence of the sector's overall influence on the political environment, the economic slump, and the recovery following COVID-19.

Segmentation & Regional Overview:

Worldwide positive temperature coefficient (PTC) thermistors marketplace is bifurcated on the basis of type and application. Based on type, the industry is divided into PPTC and CPTC. With respect to the application landscape, the market is fragmented into home appliance, power supplies/dc converters¸ automotive electronics, medical electronics, consumer electronics, telecom/datacom infrastructure, and computers/peripherals.

The major regions that significantly contribute to the overall market income are Latin America, Asia Pacific, Europe, North America, and Middle East & Africa. By completing a nationwide assessment, the study aids the investors to identify the locations with the most potential for boosting their income.

Competitive Analysis:

Huagong Tech, Hiel Co. Ltd., Thinking Electronic Industrial Co. Ltd., Murata Manufacturing Co. Ltd., Shenzhen jinke Special Material Co. Ltd., Amphenol Corp., Vishay Thermistor PTC, TDK Electronics AG, Hollyland Technology, Keter, Sea and Land Technologies Pte Ltd., Fuzetec Technology Co. Ltd., Bourns Inc., Wayon Electronics Co. Ltd., Polytronics Technology Corporation, and TE Connectivity are the leading firms in global positive temperature coefficient (PTC) thermistors market, and they're examined in terms of their total sales, revenue share, and other business aspects.

FAQs:

How are the different segments in global positive temperature coefficient (PTC) thermistors market bifurcated by application?

A: Home appliances, power supplies/dc converters¸ automotive electronics, medical electronics, consumer electronics, telecom/datacom infrastructure, and computers/peripherals are the applications assessed in the study of global positive temperature coefficient (PTC) thermistors industry.

What are the reasons for buying this report?

A: The report explores critical factors like size, shares, driving forces, restraints, and challenges with respect to the past, current, and future outlook of this industry vertical, making it extremely informative.

Which are the prominent companies influencing global positive temperature coefficient (PTC) thermistors market dynamics?

A: Huagong Tech, Hiel Co. Ltd., Thinking Electronic Industrial Co. Ltd., Murata Manufacturing Co. Ltd., Shenzhen jinke Special Material Co. Ltd., Amphenol Corp., Vishay Thermistor PTC, TDK Electronics AG, Hollyland Technology, Keter, Sea and Land Technologies Pte Ltd., Fuzetec Technology Co. Ltd., Bourns Inc., Wayon Electronics Co. Ltd., Polytronics Technology Corporation, and TE Connectivity are the leading conglomerates in global propeller shafts market.

Which geographical areas are critical to global positive temperature coefficient (PTC) thermistors market?

A: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa are the key regions contributing to market revenue.

What is the size of the worldwide market for positive temperature coefficient (PTC) thermistors?

A: The size of global positive temperature coefficient (PTC) thermistors market was evaluated at USD 323 million in 2021 and is expected to grow to USD 454.5 million by 2028, exhibiting a CAGR of 5% during the review timeline.

For more details on this report:

https://www.marketstudyreport.com/reports/global-positive-temperature-coefficient-ptc-thermistors-market-research-report-2022-2

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