MARKET INSIGHTS

The global Glass-encapsulated NTC Thermistor Market size was valued at US$ 389.5 million in 2024 and is projected to reach US$ 678.9 million by 2032, at a CAGR of 8.34% during the forecast period 2025-2032. The U.S. market accounted for 28% of global revenue in 2024, while China’s market is expected to grow at a faster CAGR of 6.7% through 2032.

Glass-encapsulated NTC thermistors are precision temperature sensors featuring a negative temperature coefficient (NTC) element hermetically sealed in glass. This encapsulation provides superior environmental protection against moisture, chemicals, and mechanical stress compared to polymer-coated alternatives. These components are critical for temperature measurement and compensation in demanding applications across industries.

The market growth is driven by increasing adoption in medical devices, automotive systems, and industrial automation where reliability under harsh conditions is paramount. Recent advancements include miniaturized designs for wearable medical devices and high-temperature variants for electric vehicle battery management. Key players like Mitsubishi Materials and Vishay are expanding production capacities to meet rising demand, particularly in Asia-Pacific markets where electronics manufacturing is concentrated.

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Key Industry Players

Companies Invest in Innovation and Regional Expansion for Market Dominance

The global Glass-encapsulated NTC Thermistor market is moderately fragmented, with established manufacturers and emerging regional players competing for market share. WEILIAN leads the market with its comprehensive product range and strong foothold in Asia-Pacific, particularly in industrial applications where precision temperature sensing is critical. Their revenue share in 2024 reflects their technological edge in high-stability thermistor solutions.

Chinese manufacturers like Shenzhen Minchuang Electronics Co., Ltd. and Sinochip Electronics C0., LTD have gained significant traction, leveraging cost-effective production capabilities and rapid response to regional demand. These companies now collectively account for nearly 30% of the Asia-Pacific market, challenging traditional Western suppliers.

Meanwhile, Japanese firms such as Mitsubishi Materials Corporation and Shibaura maintain leadership in high-reliability applications through continuous R&D investment. Their dominance in medical-grade thermistors stems from stringent quality control and long-term stability certifications, making them preferred suppliers for critical healthcare equipment.

The competitive intensity is further heightened by European and American manufacturers focusing on niche applications. Companies like Vishay and Ametherm differentiate through specialized products for automotive and aerospace sectors, where glass encapsulation provides superior protection against harsh environments.

List of Key Glass-encapsulated NTC Thermistor Manufacturers

• WEILIAN (China)
• Shenzhen Minchuang Electronics Co., Ltd. (China)
• HateSensor (South Korea)
• Exsense Sensor Technology co. (China)
• JPET INTERNATIONAL LIMITED (UK)
• Sinochip Electronics C0., LTD (China)
• KPD (South Korea)
• Suzhou Dingshi Electronic Technology CO., LTD (China)
• RTsensor (Germany)
• SHIHENG ELECTRONICS (Taiwan)
• Dongguan Jingpin Electronic Technology Co., Ltd (China)
• Mitsubishi Materials Corporation (Japan)
• Qawell Technology (China)
• FENGHUA (HK) ELECTRONICS LTD. (Hong Kong)
• Ametherm (USA)
• Thinking Electronic (Taiwan)
• Shibaura (Japan)
• Semitec Corporation (Japan)
• Vishay (USA)

Glass-encapsulated NTC Thermistor Market Segment Analysis

By Type

Single-ended Glass Sealed NTC Thermistor Leads Market Growth Due to Superior Stability in Harsh Environments

The market is segmented based on type into:

• Single-ended Glass Sealed NTC Thermistor
• Diode Type Glass Encapsulated NTC Thermistor
• Others

By Application

Industrial Applications Dominate Market Share Due to Widespread Use in Temperature Monitoring Systems

The market is segmented based on application into:

• Industrial
• Medical
• Automotive
• Consumer Electronics
• Others

By End User

Temperature Sensor Manufacturers Represent Key End Users Driving Market Expansion

The market is segmented based on end user into:

• Temperature Sensor Manufacturers
• Automotive Component Suppliers
• Medical Equipment Producers
• Industrial Automation Companies
• Others

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