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The future of the global thermistor temperature sensor market looks promising with opportunities in the chemical, power generation, metal & mining, semiconductor, oil & gas, food & beverage, and automotive industries. The global automotive emission sensor market is expected to grow with a CAGR of 6% to 8% from 2020 to 2025. The major growth drivers for this market are increasing government initiatives to develop the medical and healthcare sector and the global demand for connected and autonomous vehicles are the factors driving the growth of the market.
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Growth in various segments of the thermistor temperature sensor market are given below: