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Global Thermistor Temperature Sensor Market (2020 to 2025) – Growth, Trends, and Forecasts – ResearchAndMarkets com

Automotive Segment is Expected to Hold Significant Market Share Thermistor temperature sensors have been used in the automotive industry since the last few decades for sending signals to gauges and now to electric controls. As the system complexity increased, the number of types of temperature sensors increased, and the performance requirements also increased. The primary reasons behind the adoption growth of thermistor temperature sensors in the industry are mandates, technical advancements, and customer requirements. With the technological changes in the automotive industry, the global demand for connected and autonomous vehicles sees a surge in the demand, and with it, vendors are increasingly developing solutions specific to the industry. For instance, in February 2020, Texas Instruments expanded its temperature sensing portfolio to include linear thermistors that offer up to 50% higher accuracy compared to NTC thermistors. Also, it is one of the smallest linear thermistors co

China ferrous metals push higher on demand optimism | Hellenic Shipping News Worldwide

China ferrous metals push higher on demand optimism Chinese steel futures rose for a second straight session on Thursday, benefiting from a strong demand outlook for 2021 and supporting benchmark Dalian iron ore above the 1,000-yuan mark. Construction steel rebar on the Shanghai Futures Exchange ended daytime trading 1.7% higher at 4,175 yuan ($638.94) a tonne. Hot-rolled coil climbed 1.1% to 4,446 yuan a tonne. Early gains pushed the benchmark contracts to their highest levels in nearly a week, with interest stronger of late in hot-rolled coil, the material used for car bodies and household appliances. The China Association of Automobile Manufacturers has projected a 4% rise in vehicle sales next year to 26.3 million units in the world’s biggest market, thanks to supportive government policies and automakers’ discounts.

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