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An NTC thermistor is a thermally sensitive resistor whose resistance exhibits a large, precise and predictable decrease as the core temperature of the resistor increases over the operating temperature range.

Read more http://www.resistorguide.com/ntc-thermistor/

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A PTC thermistor is a thermally sensitive resistor whose resistance increases significantly with temperature.

Read more http://www.resistorguide.com/ptc-thermistor/

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 PTC(Positive Temperature Coefficient): 

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 PTC(Positive Temperature Coefficient): 

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A PTC thermistor works a little differently. When temperature increases, the resistance increases, and when temperature decreases, resistance decreases. This type of thermistor is generally used as a fuse.

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-  Automotive industry
-  Motors and
Transformers

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-   Food Handling and
Processing industry
-   Consumer Appliance
industry

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NTC
(Negative Temperature Coefficient):
With an NTC thermistor, when the temperature increases, resistance decreases. Conversely, when temperature decreases, resistance increases. This type of thermistor is used the most.

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an electrical resistor whose resistance is greatly reduced by heating, used for measurement and control