APAC Temperature Sensors Market Share

Market Share of APAC Temperature Sensors Industry

The Asia Pacific Temperature Sensor Market is highly competitive and consists of several major players. In terms of market share, few of the major players currently dominate the market. However, with innovative and sustainable packaging, many of the companies are increasing their market presence by securing new contracts and by tapping new markets.

• December 2020 - Taiwan-based Thinking Electronic Industrial engaged in the production of components, such as NTC and PTC thermistors and temperature sensors, expects its shipments for the automotive landscape to increase significantly in 2021, coupled with the recovery of global vehicle sales. According to the company, its NTC and PTC thermistors and temperature sensors have been significantly applied to LED auto lights, vehicle control units, in-car entertainment systems, power transmission systems, charging piles, in-vehicle chargers, battery packs, and automotive motors.

APAC Temperature Sensors Market Leaders

1. PANASONIC CORPORATION

2. DENSO CORPORATION

3. Omron CORPORATION

4. ABB LIMITED

5. Siemens AG

*Disclaimer: Major Players sorted in no particular order