Global Potentiometer Market Growth 2023-2029

Global Potentiometer Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Potentiometer Industry Forecast” looks at past sales and reviews total world Potentiometer sales in 2022, providing a comprehensive analysis by region and market sector of projected Potentiometer sales for 2023 through 2029. With Potentiometer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Potentiometer industry.
This Insight Report provides a comprehensive analysis of the global Potentiometer 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 Potentiometer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Potentiometer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Potentiometer 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 Potentiometer.
The global Potentiometer market size is projected to grow from US$ 1679.4 million in 2022 to US$ 2359.8 million in 2029; it is expected to grow at a CAGR of 2359.8 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Potentiometer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Rotary Potentiometer
Linear Potentiometer
Segmentation by application
Home Appliances
Industrial
Automotive
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.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Potentiometer market?
What factors are driving Potentiometer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Potentiometer market opportunities vary by end market size?
How does Potentiometer 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.