Global Current Shunt Resistors Market Growth 2024-2030

Global Current Shunt Resistors Market Growth 2024-2030

A current shunt resistor is a high precision resistor that can be used to measure the current flowing through a circuit. A current shunt resistor is a very low resistance connection between two points in a circuit that forms an alternate path for a portion of the current.

The global Current Shunt Resistors market size is projected to grow from US$ 1121.9 million in 2023 to US$ 1501.6 million in 2030; it is expected to grow at a CAGR of 4.3% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Current Shunt Resistors Industry Forecast” looks at past sales and reviews total world Current Shunt Resistors sales in 2023, providing a comprehensive analysis by region and market sector of projected Current Shunt Resistors sales for 2024 through 2030. With Current Shunt Resistors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Current Shunt Resistors industry.

This Insight Report provides a comprehensive analysis of the global Current Shunt Resistors 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 Shunt Resistors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Current Shunt Resistors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Current Shunt Resistors 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 Shunt Resistors.

With the growing demand for high-precision measurements in various industries such as automotive, industrial, and healthcare, there is an increasing demand for shunt resistors that provide high accuracy and reliability. Manufacturers are using advanced materials such as metal alloys and composites to develop shunt resistors with higher current ratings, better thermal stability, and higher reliability. The trend toward smaller, more compact devices has led to the development of smaller shunt resistors that can handle high currents in smaller form factors. With growing concerns about environmental impact, there is a growing trend to use environmentally friendly materials and processes in the manufacture of shunt resistors. Growing demand for automotive applications The growing popularity of electric and hybrid vehicles has led to increasing demand for shunt resistors in automotive applications such as battery management systems and motor control circuits.

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

Segmentation by type


Below 100A

100 to 400A

400 to 750A

750 to 1000A
Segmentation by application


Automotive

Communication

Consumer Electronics

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.


Rohm Semiconductor

Yageo

Murata

Vishay

Delta Electronics (Cyntec)

Isabellenhütte

Walsin

Viking Tech

KOA Corporation

Cbeureka

Ohmite

TT Electronics

MEGATRON Elektronik

Token Electronics

Bourns
Key Questions Addressed in this Report

What is the 10-year outlook for the global Current Shunt Resistors market?

What factors are driving Current Shunt Resistors market growth, globally and by region?

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

How do Current Shunt Resistors market opportunities vary by end market size?

How does Current Shunt Resistors break out type, application?


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