Thermal Element Market size was valued at US$
934.7 million in 2024 and is projected to reach US$ 1,490 million by 2032, at a CAGR of 6.9% during the forecast period 2025-2032
Report Studies
• The global Thermal Element Market size was valued at US$ 934.7 million in 2024 and is projected to reach US$ 1,490 million by 2032, at a CAGR of 6.9% during the forecast period 2025-2032.
• Thermal elements are specialized components that respond to temperature changes, converting thermal energy into electrical signals or physical actions. These elements include thermistors (positive and negative temperature coefficient), thermocouples, and resistance temperature detectors (RTDs). They serve critical functions in temperature measurement, control systems, and circuit protection across industries.
• The market is segmented based on type into:
• Positive Temperature
• Negative Temperature
By Application:
• The market is segmented based on application into:
• Thermal Resistance
• Thermocouple
• Thermistor
• Littelfuse, Inc. (U.S.)
• TE Connectivity Ltd. (Switzerland)
• Thinking Electronic Industrial Co., Ltd. (Taiwan)
• EATON Corporation (Ireland)
• Omega Engineering, Inc. (U.S.)
• VISHAY Intertechnology, Inc. (U.S.)
• KYOCERA AVX Components Corporation (U.S.)
• Lattron Co., Ltd. (South Korea)
