The telecommunications industry requires surge protective devices (SPDs) in large volumes every year, as these devices protect telephone, data, and signal lines. After installing PTC thermistors, telecom service providers need to evaluate the overcurrent protection of the end device. PTC thermistors function as telecommunications SPDs. The ceramic-based PTC thermistor helps in offering protection against power induction surges, power cross, and lighting surges. In the telecommunications sector, the PTC thermistor is also used in custom premises equipment (also known as subscriber terminal equipment), phone sets, modem, fax machines, answering machines, voice over IP equipment (VoIP), powered ethernet systems, and set-top box. Since internet connectivity is growing across the world, the requirement for respective PTC thermistors is rising rapidly. Thus, the expanding 5G network and growing investments in the telecommunications industry are driving the growth of the Europe PTC thermistor market
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe PTC thermistor market at a good CAGR during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 86.69 Million |
| Market Size by 2028 | US$ 102.41 Million |
| CAGR (2021 - 2028) | 2.4% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe PTC Thermistor Market is valued at US$ 86.69 Million in 2021, it is projected to reach US$ 102.41 Million by 2028.
As per our report Europe PTC Thermistor Market, the market size is valued at US$ 86.69 Million in 2021, projecting it to reach US$ 102.41 Million by 2028. This translates to a CAGR of approximately 2.4% during the forecast period.
The Europe PTC Thermistor Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe PTC Thermistor Market report:
The Europe PTC Thermistor Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe PTC Thermistor Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe PTC Thermistor Market value chain can benefit from the information contained in a comprehensive market report.
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