Global Shunt Resistor Market Growth 2023-2029

Global Shunt Resistor Market Growth 2023-2029

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

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

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

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

The global Shunt Resistor market size is projected to grow from US$ 1121.8 million in 2022 to US$ 1385.4 million in 2029; it is expected to grow at a CAGR of 1385.4 from 2023 to 2029.

Global key players of shunt resistor include Rohm Semiconductor, Yageo, Murata, Vishay, etc. Global top five manufacturers hold a share over 53%. China is the largest producer of shunt resistor holds a share over 52%. In terms of product, rated current 400 to 750A is the largest segment, with a share over 26%. And in terms of application, the largest application is automotive, with a share over 26%.

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

Market Segmentation:

Segmentation by type
Below 100A
100 to 400A
400 to 750A
750 to 1000A

Segmentation by application
Automotive
Ammeter
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 Shunt Resistor market?

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

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

How do Shunt Resistor market opportunities vary by end market size?

How does Shunt 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.