NTC Heating Element Market
NTC Heating Element Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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NTC Heating Element Market Size and Growth
The NTC Heating Element market research report indicates a steady growth at a CAGR of 5% during 2021-2026 due to increasing demand for energy-efficient heating solutions. The market size is estimated to reach USD 1.2 billion by 2026, driven by the expanding consumer electronics and automotive industries.
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Companies Covered (Covid 19 Impact Covered)
◍ TDK
◍ Murata
◍ Panasonic
◍ Thinking Electronic
◍ Shibaura
◍ Semitec Corporation
◍ Mitsubishi
◍ Vishay
◍ Shiheng Electronics
◍ AVX
◍ Fenghua Electronics
◍ Lattron
◍ TE Connectivity
◍ Ametherm
◍ Amphenol Advanced Sensors
◍ Littelfuse
The NTC heating element market is competitive, with companies such as TDK, Murata, Panasonic, Thinking Electronic, Shibaura, Semitec Corporation, Mitsubishi, Vishay, Shiheng Electronics, AVX, Fenghua Electronics, Lattron, TE Connectivity, Ametherm, Amphenol Advanced Sensors, and Littelfuse operating in the market. These companies offer NTC heating components for various applications, contributing to the market's growth.
- TDK: Sales revenue of $12.7 billion in 2020
- Murata: Sales revenue of $9.2 billion in 2020
- Panasonic: Sales revenue of $61.92 billion in 2020
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Market Segmentation
By Application
◍ Consumer Electronics
◍ Medical Instruments
◍ Automotive
◍ Home Appliance
◍ Industrial Equipment
◍ Aerospace & Defense
◍ Others
By Product
◍ SMD Type
◍ Through Hole Type
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Market Growth
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$ X Billion USD
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