Global Potentiometer Market Research Report 2023(Status and Outlook)

Global Potentiometer Market Research Report 2023(Status and Outlook)

Report Overview

There are three types of potentiometers that are used commonly: wire wound, carbon film and Plastic Film potentiometers. All these have been described below:

1) Wire wound potentiometers: This potentiometer comprises of several rounds of wire wound around the shaft of the non-conducting material. The turns of the coil are bonded together by an adhesive. In this case the slider, connected to the body whose displacement is to be measured, moves on the potentiometer track and it makes contacts with successive turns of the coil. In this case the wire between the two successive turns is not covered by the slider, which limits the resolution of the wire wound potentiometers. However, the larger the number of turns of the coil, more is the resolution of the coil. The resolution is measured as the reciprocal of the number of turns of the coil. This devise has low noise and is mechanically rough and tough.

2) Carbon film potentiometers: The carbon film potentiometers are formed by depositing carbon composition ink on an insulating body, which in most of the cases is phenolic resin. This is one of the most commonly used materials for the pots that is quite cheap and has resolution better than the wire wound potentiometers. They have reasonable life and tolerable noise levels.

3) Plastic Film pots: These pots comprise of the specially impregnated plastic material having resistance characteristics that are controlled properly. These can be used for rotary as well as translational slider movements. They have very good life, resolution better than the wire wound pots, and low noise.

In carbon film and the Plastic Film pots the resolution is limited by the grain size of the particles, hence their accuracy is very high. Their resolution can be as high as 10 rest to -4 and is usually limited only by the spring connected between the slider and the body whose motion is to be measured.

The major players in global Potentiometer market include ALPS, Nidec Copal Electronics, Tokyo Cosmos Electric Co., Ltd. (TOCOS), etc., and the market concentration rate is low. China, Southeast Asia and Europe are main markets, they occupy about 50% of the global market. Rotary Potentiometer is the main type, with a share over 60%. Home Appliances and Industrial are two key applications, they hold a share about 60%.

The Global Potentiometer Market Size was estimated at USD 1638.10 million in 2022 and is projected to reach USD 2274.41 million by 2029, exhibiting a CAGR of 4.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Potentiometer market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Potentiometer Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Potentiometer market in any manner.

Global Potentiometer Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ALPS

Nidec Copal Electronics

Tokyo Cosmos Electric Co., Ltd. (TOCOS)

Teikoku Tsushin Kogyo Co., Ltd (NOBLE)

Panasonic

Sakae Tsushin Kogyo Co., Ltd

Bourns, Inc

Vishay

TT Electronics

Honeywell

CTS Corporation

ABB

Siemens

TE Connectivity

Taiwan Alpha Electronic

Forward Electronics Co

Song Huei Electric Co., Ltd

Hohner Automaticos

Elap Srl

Omeg Limited

Chengdu Hongming Electronics Co Ltd

Everson Technology Ltd

Market Segmentation (by Type)

Rotary Potentiometer

Linear Potentiometer

Market Segmentation (by Application)

Automotive

Manufacturing

Precision Engineering

Construction

Aerospace & Defense

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Potentiometer Market

Overview of the regional outlook of the Potentiometer Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors