Electrical Resistor Market by Product and Geography - Forecast and Analysis 2021-2025
| Published: Aug 2021 | Pages: 120 | SKU: IRTNTR70903 |
Electrical Resistor Market - 2021-2025
The electrical resistor market size is expected to reach a value of USD 1.37 billion, at a CAGR of 4.86%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as rise in demand for electricity are projected to significantly support market growth during the forecast period. Our research experts have thoroughly evaluated and covered the latest trends and challenges that will have a far-reaching effect on the market growth.
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Increasing adoption of 4G/5G networks will facilitate the thick film resistor market growth in APAC over the forecast period.
Electrical Resistor Market Segments
From this Technavio report, get actionable insights on the electrical resistor market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Navigate through market segmentation by product (variable resistor and fixed resistor) and geography (North America, APAC, Europe, South America, and MEA) in this electrical resistor market report to pursue growth opportunities.
Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. This research report entails a thorough qualitative and quantitative analysis on the post-pandemic electrical resistor market predictions on consumer demand changes for 2021-2025.
Electrical Resistor Market Vendors and Competitive Analysis
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Technavio research specialists have included significant well-thought-out business planning approaches of key players in this report. The electrical resistor market is fragmented and the vendors are deploying growth strategies such as focusing on quality and innovation to gain a competitive advantage. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Get the full report to understand the COVID-19 impact on the growth of the electrical resistor market share during 2021-2025. The electrical resistor market forecast report comprises complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis. |
Electrical Resistor Market - Region Opportunities 2021-2025
46% of the electrical resistor market growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for electrical resistor market in APAC. This report encompasses exclusive information on potential business locations and understand the demographics of current and prospective customers.
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APAC has been exhibiting a significant growth rate for electrical resistor market vendors. Factors such as a high rate of economic growth and a strong industrial presence are accelerating the electrical resistor market growth in APAC. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click on the image above.
The electrical resistor market share growth in APAC will be faster than the growth of the market in other regions. The geographical segmentation in the report has assessed and included details on the competitive intelligence and regional opportunities in store for vendors.
Electrical Resistor Market Insights by Product
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The electrical resistor market share growth by the variable resistor segment will be significant during the forecast period. Variable resistors are used in electrical circuits to control the voltage or current within a circuit by adjusting circuit resistance. They are used for various applications in radios, speakers, microphones, TVs, oscillators, smart home control devices, and others. This report provides an accurate prediction of the contribution of all the segments to the growth of the electrical resistor market size.
From the electrical resistor market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentations will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.
Electrical Resistor Market Drivers & Trends
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding electrical resistor market growth is the increasing adoption of chip resistors. In this research report, our analysts have elucidated exhaustive all key industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.
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The primary factor driving the growth of the global electrical resistor market is the increase in the demand for electricity, which is driving new power generation, transmission, distribution, and infrastructure development. Furthermore, the growing demand for batteries, fuel cells, and electromechanical systems like generators, alternators, and solar power converters is also contributing to the demand for electrical resistors. The revenue in the global electrical resistor market is also driven by an increase in demand for braking and control resistors for traction applications in electric locomotives due to the expansion of rail networks to meet the needs of travelers and commuters. |
This electrical resistor market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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Electrical Resistor Market Report Outlook
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive electrical resistor market growth during the next five years
- Precise estimation of the electrical resistor market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electrical resistor market across North America, APAC, Europe, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of electrical resistor market vendors
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Electrical Resistor Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.86% |
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Market growth 2021-2025 |
$ 1.37 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
2.73 |
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Regional analysis |
North America, APAC, Europe, South America, and MEA |
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Performing market contribution |
APAC at 46% |
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Key consumer countries |
US, China, Japan, Germany, and India |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
ABB Ltd., Cressall Resistors Ltd., Eaton Corporation Plc, General Electric Co., Murata Manufacturing Co. Ltd., Panasonic Corp., Schneider Electric SE, TE Connectivity Ltd., Vishay Intertechnology Inc., and Yageo Corp. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Variable Resistor - Market size and forecast 2020-2025
- Fixed Resistor - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
- Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABB Ltd.
- Cressall Resistors Ltd.
- Eaton Corporation Plc
- General Electric Co.
- Murata Manufacturing Co. Ltd.
- Panasonic Corp.
- Schneider Electric SE
- TE Connectivity Ltd.
- Vishay Intertechnology Inc.
- Yageo Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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electrical resistor market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis