About Electrical Resistors
An electrical resistor could be a passive two-terminal electrical component that stops an excessive influx of current, adjusts signal levels, terminate transmission lines, and bias active elements by restricting the flow of electrons or current to a particular level. High power resistors are employed in industries as a part of motor controls or as test loads for generators as they are doing not depend upon any external voltage source for operation. Variable resistors are accustomed adjust circuit elements like volume control or as sensing devices for warmth, humidity, force, chemical activity as they're compact, low cost, and simply replaceable. Thick film and shunt resistors are mostly employed in electric and hybrid vehicles in technologies like regenerative braking, advanced motor assist, actuators, automatic start/stop system as these technologies require sophisticated electrical and electronic circuitry to supply additional auxiliary power.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Electrical Resistors market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cressall (United Kingdom), Japan Resistor Mfg. Co., Ltd. (Japan), Vishay Intertechnology (United States), TE Connectivity (Switzerland), KOA Speer Electronics (United States), Murata Manufacturing (Japan), ROHM Semiconductor (Japan), Yageo (Taiwan), Viking Tech Corp. (Taiwan), Bourns (United States) and ASJ Holdings Ltd. (Singapore) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Queen Mao Electronic Co., Ltd. (Taiwan), Ohmite Manufacturing Company (United States), Infineon Technology (Germany), Vishay Intertechnology, Inc. (United States) and Token Electronics Industry Co., Ltd. (Taiwan).
Segmentation Overview
AMA Research has segmented the market of Global Electrical Resistors market by Type (Linear Resistor, Fixed Resistor, Variable Resistor, Non-linear Resistor and Others), Application (Power Supplies, Electric Motors, Inverters and Others) and Region.
On the basis of geography, the market of Electrical Resistors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Rest of Europe), MEA (Saudi Arabia, Turkey, Israel, United Arab Emirates, South Africa, Rest of Africa), North America (United States, Canada, Mexico). If we see Market by End-User Industry, the sub-segment i.e. Consumer Electronics will boost the Electrical Resistors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Electrical Resistors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Adoption of 5G Technology and Demand of High-Performance Electrical Components and Surge in Demand for Braking and Control Resistors for Traction Applications in Electric Locomotive
Market Growth Drivers:
Increasing Use of Smartphones, Tablets, Notebooks, and other Storage Sevices
Challenges:
Build a device that measures the resistance of everyday objects
Restraints:
Low Tensile and Fatigue Strength of Electrical Resistors Joint
Opportunities:
Technological Advancements and Rise in Global Investments in R&D by governments to Expand Power Generation
Market Leaders and their expansionary development strategies
In April 2023, Siemens and Stanford Collaborate on Smart Grids: Siemens partnered with Stanford University to develop next-generation smart grid technologies. This collaboration focuses on leveraging advancements in materials science and artificial intelligence to optimize power distribution and minimize resistance losses within the grid.
In September 2023, Bosch Unveils Ultra-Precise Resistance Sensor: Bosch launched a cutting-edge resistance sensor, boasting unmatched accuracy and sensitivity. This sensor can detect even the slightest changes in resistance, making it ideal for various applications, including medical diagnostics, industrial automation, and environmental monitoring.
Key Target Audience
Manufacturers of Electrical Resistors, Suppliers of Electrical Resistors, Wholesalers, Distributors, and Retailers of Electrical Resistors, Consumer Electronics Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.