The Global Thermal Protector Market size is expected to reach $80.8 million by 2028, rising at a market growth of 4.7% CAGR during the forecast period.
A thermal protector safeguards the compressor, motor, and transformer of an electronic appliance from high temperatures. When certain temperatures are reached, it cuts off the current and restarts it when the temperatures stabilize. When a motor runs at its rated voltage freezes up for any reason while still receiving power, thermal protection, a type of fan motor protection, is activated. A thermal relay located inside the motor is used to cut off the circuit to the winding coil when the temperature is too low to prevent burning.
The thermal relay senses the winding coil's temperature and operates by being linked in series with the coil. When the term thermal protection is used to describe an electric motor, it refers to a component inside the motor or rotor compressor that is intended to stop potentially dangerous overheating that could result in motor failure. This overheating typically happens as a result of the motor being overloaded, when a bearing seizes, when something jams the motor shaft and inhibits it from moving, or when the motor just struggles to start.
A motor's faulty start windings may be the reason it would not start. In addition to an external control device, the thermal protector includes one or more heat-sensing components that are integrated inside the motor or motor compressor. When an excessive amount of heat is produced inside the motor circuits, the thermal protection is there to switch the motor off. The temperature rise is stopped by this safety mechanism before it can damage the motor.
COVID-19 Impact Analysis
The world economy was majorly hampered due to the abrupt emergence of the COVID-19 pandemic. The entire market and supply chain has suffered as a result of the outbreak. Due to the ongoing lockdown in nearly every country in the world, the COVID-19 pandemic compelled the entire shutdown of production facilities that do not fall under the category of vital products. All industrial and commercial sectors of the world economy were adversely affected by the pandemic. Consumption decreased as a result of the worldwide lockdowns that each nation implemented. The distribution of the raw material was further hampered.
Market Growth Factors
A Surge in the Growth of the Industrial Sector
Industrial, or manufacturing, industry is rapidly growing all over the world. The rapidly developing Industry 4.0" technologies, which include artificial intelligence, advanced robotics, and the internet of things, are poised to significantly transform manufacturing all over the world. This will have significant ramifications for the conventional role of manufacturing in structural transformation, economic growth, and job creation. As routine low-skill operations become more mechanized, developing countries' comparative advantage within low-skill as well as low-labor-cost production is in jeopardy.
Widespread Urbanization in The Modern Era
The disposable income of people all over the world is increasingly surging in recent years. Due to this, a number of people are migrating from rural areas to urban areas as well as big metropolitan cities. It is increasing the scale of urbanization majorly. Urbanization happens naturally or on purpose as a result of individual, group, and governmental action. Living in a metropolitan area can be advantageous from an economic as well as cultural standpoint because it can offer more employment prospects, better educational chances, better housing options, and safer living circumstances, as well as cut down on travel time and costs.
Marketing Restraining Factor:
Uncertainty in the Prices of Components and Raw Material
However, there are a number of benefits to the cost of electricity when leveraging thermal protectors, the cost of the raw material it is made up of keeps fluctuating. There are a number of raw materials, like, copper, aluminum, and other metals, that made up the thermal protector. The prices of these materials keep on fluctuating day to day. In general, there is a variety of causes for price fluctuations in scrap. For instance, the demand for scrap metal may cause prices to fluctuate quickly. Moreover, the pace of production in industries, like building, technology, or the manufacture of electrics also has an impact on costs.
Application Outlook
Based on Application, the Thermal Protector Market is segmented into Motor, Transformer, Compressor, and Others. In 2021, the transformer segment witnessed a significant revenue share of the thermal protector market. A thermal safety relay for transformers is a device that can calculate thermal overload using a mathematical model based on the temperature and transformer load. Moreover, the transformer is a powerhouse that supplies electricity to a wide range of devices and appliances. Due to significant stress, there are a lot of chances that the transformer would overheat.
Thermal Protector Market Report Coverage Report Attribute | Details |
Market size value in 2021 | USD 59 Million |
Market size forecast in 2028 | USD 80.8 Million |
Base Year | 2021 |
Historical Period | 2018 to 2020 |
Forecast Period | 2022 to 2028 |
Revenue Growth Rate | CAGR of 4.7% from 2022 to 2028 |
Number of Pages | 106 |
Number of Tables | 180 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
Segments covered | Application, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers | - A Surge in the Growth of the Industrial Sector
- Widespread Urbanization in The Modern Era
|
Restraints | - Uncertainty in the Prices of Components and Raw Material
|
Regional Outlook
Region-wise, the Thermal Protector Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, Asia-pacific accounted for the largest revenue share of the thermal protector market. The growth of this segment is significantly rising as a result of the quick industrialization occurring in nations, like India and china. The regional thermal protector market is also being driven by government regulations and the rising demand from various sectors for high degrees of precision and efficiency.
Free Valuable Insights: Global Thermal Protector Market size to reach USD 80.8 Million by 2028
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Sensata Technologies Holdings PLC, Haier Smart Home Co., Ltd. (Haier Group Corporation), Changshu Tianyin electromechanical Co., Ltd., Portage Electric Products, Inc., Guangzhou Senbao Electrical Appliances Co., Ltd., Thermtrol Corporation, Calco Electric Corp., Dongguan Hen Hao Electric Co., Ltd., Jiangsu Changsheng Electric Appliance Co., Ltd., Seki Controls Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Motor
- Compressor
- Transformer
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Sensata Technologies Holdings PLC
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
- Changshu Tianyin electromechanical Co., Ltd.
- Portage Electric Products, Inc.
- Guangzhou Senbao Electrical Appliances Co., Ltd.
- Thermtrol Corporation
- Calco Electric Corp.
- Dongguan Hen Hao Electric Co., Ltd.
- Jiangsu Changsheng Electric Appliance Co., Ltd.
- Seki Controls Co., Ltd.
TABLE 1 Global Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 2 Global Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 3 Global Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 4 Global Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 5 Global Motor Market by Region, 2018 - 2021, USD Thousands
TABLE 6 Global Motor Market by Region, 2022 - 2028, USD Thousands
TABLE 7 Global Compressor Market by Region, 2018 - 2021, USD Thousands
TABLE 8 Global Compressor Market by Region, 2022 - 2028, USD Thousands
TABLE 9 Global Transformer Market by Region, 2018 - 2021, USD Thousands
TABLE 10 Global Transformer Market by Region, 2022 - 2028, USD Thousands
TABLE 11 Global Others Market by Region, 2018 - 2021, USD Thousands
TABLE 12 Global Others Market by Region, 2022 - 2028, USD Thousands
TABLE 13 Global Thermal Protector Market by Region, 2018 - 2021, USD Thousands
TABLE 14 Global Thermal Protector Market by Region, 2022 - 2028, USD Thousands
TABLE 15 North America Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 16 North America Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 17 North America Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 18 North America Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 19 North America Motor Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Motor Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Compressor Market by Country, 2018 - 2021, USD Thousands
TABLE 22 North America Compressor Market by Country, 2022 - 2028, USD Thousands
TABLE 23 North America Transformer Market by Country, 2018 - 2021, USD Thousands
TABLE 24 North America Transformer Market by Country, 2022 - 2028, USD Thousands
TABLE 25 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 26 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 27 North America Thermal Protector Market by Country, 2018 - 2021, USD Thousands
TABLE 28 North America Thermal Protector Market by Country, 2022 - 2028, USD Thousands
TABLE 29 US Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 30 US Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 31 US Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 32 US Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 33 Canada Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 34 Canada Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 35 Canada Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 36 Canada Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 37 Mexico Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 38 Mexico Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 39 Mexico Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 40 Mexico Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 41 Rest of North America Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 42 Rest of North America Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 43 Rest of North America Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 44 Rest of North America Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 45 Europe Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 46 Europe Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 47 Europe Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 48 Europe Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 49 Europe Motor Market by Country, 2018 - 2021, USD Thousands
TABLE 50 Europe Motor Market by Country, 2022 - 2028, USD Thousands
TABLE 51 Europe Compressor Market by Country, 2018 - 2021, USD Thousands
TABLE 52 Europe Compressor Market by Country, 2022 - 2028, USD Thousands
TABLE 53 Europe Transformer Market by Country, 2018 - 2021, USD Thousands
TABLE 54 Europe Transformer Market by Country, 2022 - 2028, USD Thousands
TABLE 55 Europe Others Market by Country, 2018 - 2021, USD Thousands
TABLE 56 Europe Others Market by Country, 2022 - 2028, USD Thousands
TABLE 57 Europe Thermal Protector Market by Country, 2018 - 2021, USD Thousands
TABLE 58 Europe Thermal Protector Market by Country, 2022 - 2028, USD Thousands
TABLE 59 Germany Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 60 Germany Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 61 Germany Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 62 Germany Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 63 UK Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 64 UK Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 65 UK Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 66 UK Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 67 France Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 68 France Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 69 France Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 70 France Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 71 Russia Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 72 Russia Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 73 Russia Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 74 Russia Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 75 Spain Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 76 Spain Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 77 Spain Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 78 Spain Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 79 Italy Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 80 Italy Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 81 Italy Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 82 Italy Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 83 Rest of Europe Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 84 Rest of Europe Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 85 Rest of Europe Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 86 Rest of Europe Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 87 Asia Pacific Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 88 Asia Pacific Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 89 Asia Pacific Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 90 Asia Pacific Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 91 Asia Pacific Motor Market by Country, 2018 - 2021, USD Thousands
TABLE 92 Asia Pacific Motor Market by Country, 2022 - 2028, USD Thousands
TABLE 93 Asia Pacific Compressor Market by Country, 2018 - 2021, USD Thousands
TABLE 94 Asia Pacific Compressor Market by Country, 2022 - 2028, USD Thousands
TABLE 95 Asia Pacific Transformer Market by Country, 2018 - 2021, USD Thousands
TABLE 96 Asia Pacific Transformer Market by Country, 2022 - 2028, USD Thousands
TABLE 97 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 98 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 99 Asia Pacific Thermal Protector Market by Country, 2018 - 2021, USD Thousands
TABLE 100 Asia Pacific Thermal Protector Market by Country, 2022 - 2028, USD Thousands
TABLE 101 China Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 102 China Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 103 China Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 104 China Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 105 Japan Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 106 Japan Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 107 Japan Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 108 Japan Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 109 India Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 110 India Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 111 India Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 112 India Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 113 South Korea Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 114 South Korea Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 115 South Korea Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 116 South Korea Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 117 Singapore Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 118 Singapore Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 119 Singapore Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 120 Singapore Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 121 Malaysia Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 122 Malaysia Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 123 Malaysia Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 124 Malaysia Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 125 Rest of Asia Pacific Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 126 Rest of Asia Pacific Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 127 Rest of Asia Pacific Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 128 Rest of Asia Pacific Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 129 LAMEA Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 130 LAMEA Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 131 LAMEA Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 132 LAMEA Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 133 LAMEA Motor Market by Country, 2018 - 2021, USD Thousands
TABLE 134 LAMEA Motor Market by Country, 2022 - 2028, USD Thousands
TABLE 135 LAMEA Compressor Market by Country, 2018 - 2021, USD Thousands
TABLE 136 LAMEA Compressor Market by Country, 2022 - 2028, USD Thousands
TABLE 137 LAMEA Transformer Market by Country, 2018 - 2021, USD Thousands
TABLE 138 LAMEA Transformer Market by Country, 2022 - 2028, USD Thousands
TABLE 139 LAMEA Others Market by Country, 2018 - 2021, USD Thousands
TABLE 140 LAMEA Others Market by Country, 2022 - 2028, USD Thousands
TABLE 141 LAMEA Thermal Protector Market by Country, 2018 - 2021, USD Thousands
TABLE 142 LAMEA Thermal Protector Market by Country, 2022 - 2028, USD Thousands
TABLE 143 Brazil Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 144 Brazil Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 145 Brazil Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 146 Brazil Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 147 Argentina Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 148 Argentina Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 149 Argentina Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 150 Argentina Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 151 UAE Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 152 UAE Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 153 UAE Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 154 UAE Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 155 Saudi Arabia Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 156 Saudi Arabia Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 157 Saudi Arabia Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 158 Saudi Arabia Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 159 South Africa Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 160 South Africa Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 161 South Africa Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 162 South Africa Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 163 Nigeria Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 164 Nigeria Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 165 Nigeria Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 166 Nigeria Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 167 Rest of LAMEA Thermal Protector Market, 2018 - 2021, USD Thousands
TABLE 168 Rest of LAMEA Thermal Protector Market, 2022 - 2028, USD Thousands
TABLE 169 Rest of LAMEA Thermal Protector Market by Application, 2018 - 2021, USD Thousands
TABLE 170 Rest of LAMEA Thermal Protector Market by Application, 2022 - 2028, USD Thousands
TABLE 171 Key Information – Sensata Technologies Holdings PLC
TABLE 172 key information – Haier Smart Home Co., Ltd.
TABLE 173 Key Information – Changshu Tianyin electromechanical Co., Ltd
TABLE 174 Key Information – Portage Electric Products, Inc.
TABLE 175 Key Information – Guangzhou Senbao Electrical Appliances Co., Ltd.
TABLE 176 Key Information – Thermtrol Corporation
TABLE 177 Key Information – Calco Electric Corp.
TABLE 178 Key Information – Dongguan Heng Hao Electric Co., Ltd.
TABLE 179 Key Information – Jiangsu Changsheng Electric Appliance Co., Ltd.
TABLE 180 Key Information – Seki Controls Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Global Thermal Protector Market Share by Application, 2021
FIG 3 Global Thermal Protector Market Share by Application, 2028
FIG 4 Global Thermal Protector Market by Application, 2018 - 2028, USD Thousands
FIG 5 Global Thermal Protector Market Share by Region, 2021
FIG 6 Global Thermal Protector Market Share by Region, 2028
FIG 7 Global Thermal Protector Market by Region, 2018 - 2028, USD Thousands