Mobile devices and smartphones are becoming compact and multifunctional. Therefore, the demand for smaller components that can ensure device stability and protect small electronic circuits is increasing rapidly. PTC thermistors are designed to provide a rapid increase in electrical resistance whenever their temperature increases beyond a certain threshold, thus protecting components and circuits from damage. The PTC thermistors help avoid failures and abnormalities in mobile devices by recognizing overcurrent in circuits, which may occur while assembling process or when a mobile drops or receives a sudden impact. Murata Manufacturing has successfully commercialized the world’s smallest PTC thermistor (commonly recognized as a resettable fuse) in the 0201-inch size (0.6 × 0.3 × 0.3 mm3) for respective mobile devices. The company also began mass production of this PTC thermistor with the part number PRG03BC181QB6RL in 2020. The latest PTC thermistors help manufacturers avoid short circuits and enhance products safety.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America PTC thermistor market to grow at a good CAGR during the forecast period.
| Report Attribute | Details |
|---|---|
| Market size in 2021 | US$ 102.34 Million |
| Market Size by 2028 | US$ 127.67 Million |
| CAGR (2021 - 2028) | 5.2% |
| Historical Data | 2019-2020 |
| Forecast period | 2022-2028 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America PTC Thermistor Market is valued at US$ 102.34 Million in 2021, it is projected to reach US$ 127.67 Million by 2028.
As per our report North America PTC Thermistor Market, the market size is valued at US$ 102.34 Million in 2021, projecting it to reach US$ 127.67 Million by 2028. This translates to a CAGR of approximately 5.2% during the forecast period.
The North America 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 North America PTC Thermistor Market report:
The North America PTC Thermistor Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America PTC Thermistor Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America PTC Thermistor Market value chain can benefit from the information contained in a comprehensive market report.
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