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Lucintel Forecasts Thermistor Temperature Sensor Market To Grow At A Cagr Of 6% To 8% From 2020 To 2025
According to the recent study the thermistor temperature sensor market is projected to grow at a CAGR of 6% to 8% from 2020 to 2025. Growth in this market is primarily driven by increasing government initiatives to develop the medical and healthcare sector and the global demand for connected and autonomous vehicles are the factors driving the growth of the market.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in thermistor temperature sensor market by product type (NTC and PTC), product type (temperature monitoring, temperature control, and others), end use industry (chemical, power generation, metal & mining, oil & gas, automotive, semiconductors, food & beverages, and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/thermistor-temperature-sensor-market.aspx
“NTC market is expected to remain the largest segment during the forecast period.”
Based on product type, ...
... the thermistor temperature sensor market is segmented into NTC and PTC. Lucintel forecasts that the NTC market is expected to remain the largest segment due to increasing demand for portable communication appliances.
“Within the thermistor temperature sensor market, the automotive segment is expected to remain the largest end use industry.”
Based on end use industry the automotive segment is expected to witness the highest growth over the forecast period due to growth of connected and autonomous vehicles.
“Asia pacific will dominate the thermistor temperature sensor market in near future.”
The Asia Pacific region is expected to witness the highest growth over the forecast period due to increasing demand for vehicles in India, China, and Japan.
Download Brochure of this report by clicking on https://www.lucintel.com/thermistor-temperature-sensor-market.aspx
Major players of thermistor temperature sensor market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Panasonic Corporation, Texas Instruments Incorporated, Honeywell International Inc., Emerson Electric, and Siemens. are among the major thermistor temperature sensor providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/thermistor-temperature-sensor-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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