Global Current Sensing Resistor Market Growth 2023-2029

Global Current Sensing Resistor Market Growth 2023-2029

A current sensor resistor is a device that detects and converts current to an easily measured output voltage, which is proportional to the current through the measured path. Current sensing resistors are a rapidly growing technology focused on regulation and monitoring of power from a supply to an end device. Current sensing resistors are used for a wide variety of handheld electronic devices.

LPI (LP Information)' newest research report, the “Current Sensing Resistor Industry Forecast” looks at past sales and reviews total world Current Sensing Resistor sales in 2022, providing a comprehensive analysis by region and market sector of projected Current Sensing Resistor sales for 2023 through 2029. With Current Sensing Resistor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Current Sensing Resistor industry.

This Insight Report provides a comprehensive analysis of the global Current Sensing Resistor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Current Sensing Resistor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Current Sensing Resistor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Current Sensing Resistor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Current Sensing Resistor.

The global Current Sensing Resistor market size is projected to grow from US$ 1209.1 million in 2022 to US$ 1935.3 million in 2029; it is expected to grow at a CAGR of 1935.3 from 2023 to 2029.

Global Current Sensing Resistor key players include Yageo, VISHAY, Samsung, KOA Speer, Panasonic, etc. Global top five manufacturers hold a share over 55%.

China is the largest market, with a share over 45%, followed by Europe and Japan, both have a share about 25%.

In terms of product, Film Resistor is the largest segment, with a share over 50%. And in terms of application, the largest application is Industrial, followed by Automotive, Telecommunication, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Current Sensing Resistor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Metal Resistor

Film Resistor

Others

Segmentation by application

Automotive

Industrial

Telecommunication

Consumer Electronic

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Yageo

VISHAY

Samsung

KOA Speer

Panasonic

ROHM

Cyntec (Susumu)

TT Electronics

Bourns

Walter

TA-I

Viking

Ohmite

Caddock

Key Questions Addressed in this Report

What is the 10-year outlook for the global Current Sensing Resistor market?

What factors are driving Current Sensing Resistor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Current Sensing Resistor market opportunities vary by end market size?

How does Current Sensing Resistor break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.