The PTC thermistor market in MEA is expected to grow from US$ 11.76 million in 2021 to US$ 14.14 million by 2028; it is estimated to grow at a CAGR of 2.7% from 2021 to 2028.
In the medical field, the PTC thermistors are used in vaporizers, inhalers, anesthesia gas heating, electronic medical thermometers, and massage and other equipment temperature controls. Focus Sensing and Control Technology Co., LTD. offers PTC thermistors for various medical applications. The PTC thermistors used in medical equipment help in maintaining the desired temperature in the range of 10℃ to 250℃. In medical cases, the PTC thermistors can warm infusion solutions up to body temperature level. The use of PTC thermistors is growing tremendously in patient monitoring devices. In the 2021 Union Budget of India, the health infrastructure investment expanded 2.37x, or 137% year-on-year (YoY), to reach the value of US$ 30.70 billion. Thus, growing investments in the health sector, coupled with the increasing application of PTC thermistors in this sector, is expected to fuel the growth of the market in the MEA in the coming years.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA PTC thermistor market to grow at a good CAGR during the forecast period.
MEA PTC Thermistor Market Revenue and Forecast to 2028 (US$ Million)
MEA PTC Thermistor Market Segmentation
By Type
- Ceramic PTC (Barium Titanate)
- Polymer PTC (Carbon Doped Polymer)
By Mode
- Self Heating Mode
- Sensor Mode
By Application
- Telecommunications and Networking
- Automotive System
- Industrial Electronics
- Consumer Electronics and Home Appliances
- Medical Instruments
- Others
By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA PTC Thermistor Market – Companies Mentioned
- Amphenol Corporation
- Fuzetec Technology Co. Ltd.
- General Electric Company
- Littelfuse, Inc
- NXP Semiconductors
- TDK Corporation
- TE Connectivity Corporation
- Texas Instruments Incorporated
- Vishay Intertechnology, Inc.
Middle East and Africa PTC Thermistor Market Strategic Insights
Middle East and Africa PTC Thermistor Market Report Highlights
| Report Attribute | Details |
| Market size in 2021 | US$ 11.76 Million |
| Market Size by 2028 | US$ 14.14 Million |
| CAGR (2021 - 2028) | 2.7% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
|
Regions and Countries Covered
|
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| Middle East and Africa | South Africa, Saudi Arabia, UAE, Rest of Middle East and Africa |
| Market leaders and key company profiles |
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Middle East and Africa PTC Thermistor Market Country and Regional Insights
