Thermistor Kits Market to Gain a Stronghold by 2019-2029
Users can quickly locate the right part to ensure reliable circuit and power component protection using thermistor kits. Thermistor kits facilitate accurate temperature measurement, control and compensation, and have a wide range of use cases. Thermistors and thermistor kits are widely used for automotive and industrial applications. Some other use cases of thermistors and thermistor kits include residential and commercial fire safety, test and measurement applications, and environmental studies focused on temperature fluctuation related hazards, such as global warming.
Thermistor Kits Market: Drivers and Recommendations
Wide range of use cases of thermistors drive thermistor kits market growth
Thermistors and thermistor kits have different applications in different industries. For instance, EVGA, a computer hardware manufacturer based in the United States, designed a cooler fan for gaming applications that can monitor the rise in temperature and cool the power modules with the help of Negative Temperature Coefficient (NTC) thermistors. Such applications of thermistors demand maintenance, thus driving the adoption rate of thermistor kits.
Partnerships with e-commercial distributors
Large manufacturers of thermistor kits are collaborating with test and measurement components and equipment distributors. These distributors use e-commerce as a distribution channel to generate revenue for themselves as well as for the manufacturers of thermistor kits. For instance, Vishay and Murata Manufacturing Co., Ltd. have signed Mouser Electronics, Inc. as their distribution partner in order to enhance market presence by drawing clients from foreign markets. Therefore, small and medium-sized manufacturers of thermistor kits should also focus on developing such relationships with distribution companies to ensure their growth in the thermistor kits market.
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Thermistor Kits Market: Segmentation
The Thermistor Kits market has been segmented on the basis of kit type, application, and region.
With regards to kit type, the global thermistor kits market can be segmented into the following:
- Negative Temperature Coefficient (NTC) Thermistor Kits
- Positive Temperature Coefficient (PTC) Thermistor Kits
Negative Temperature Coefficient (NTC) thermistor kits are the most commonly used kits, and hold the largest market share of the global thermistor kits market.
On the basis of application area, the global thermistor kits market can be segmented into the following:
- Test and Measurement
- Oil and Gas
- Other Application Areas
Thermistor Kits Market: Competition Landscape
Some of the key competitors in the global thermistor kits market are Ametherm, Inc; Amphenol Advanced Sensors; TDK Corporation; Vishay; Bourns, Inc.; Texas Instruments Incorporated; Murata Manufacturing Co., Ltd.; and STMicroelectronics, among others
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Following are some key strategies and developments in the global thermistor kits market:
- Thermistor kits market competitors are entering into partnerships with leading electronic test and measurement module providers in order to ensure their expansion towards foreign regional markets. Large market players, such as TDK Corporation and Amphenol Advanced Sensors have signed Digi-Key Electronics as their e-commercial distributor in order to maximize their clientele in the global thermistor kits and other test and measurement components market.
- Manufacturers and end-users of thermistor kits are always looking to establish their expertise in new application areas. For instance, NTC thermistors and the applicable thermistor kits were used in the high speed transportation pod prototype by the Badgerloop team in SpaceX’s Hyperloop Pod design competition.