Global Power Resistors Market by Type (Chassis Mounted, Surface Mounted, Through-Hole Mounted), By Application (Automotive, Industrial, Aerospace, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Power Resistors Market size is projected to grow from USD 3.41 billion in 2017 to USD X.XX billion by 2028 at a CAGR of 7%. The factors that are driving the growth of this market include an increase in demand for power resistors from the automotive, industrial, and aerospace sectors owing to rising production rates of automobiles and aircraft worldwide, as well as increasing adoption of electric vehicles which require more number of power resistors.
Power resistors are used to dissipate heat from power electronics or electronic components. A power resistor is a resistance device that can handle high levels of energy without breaking down, unlike regular resistors which convert the electric current into another form of energy such as heat. Power resistors are electromechanical devices that provide precise resistance to the electrical current in an electric circuit. Power resistors dissipate energy as heat when they carry direct current (DC). The power resistor operates at a constant temperature by maintaining the balance between its input and output, which is determined by how much it's connected in series with the AC voltage source.
Power resistors are the important components required to dissipate extra energy in electronic circuits, which is critical for their proper functioning. As they allow little power dissipation, so high wattage can be achieved by joining them together with low ohmic value aluminum wire or tape-wound resistor construction. Power resistors have stable resistance over a wide range of environmental conditions, so they are widely used in high-temperature or hazardous environments.
On the basis of Type, the global power resistors market is segmented into Chassis Mounted, Surface Mounted and Through-Hole Mounted.
Chassis Mounted:
Chassis Mounted type of power resistors is the most popular among all types. The increasing demand for electronic products worldwide has supported this market growth over recent years. Chassis mountable power resistors are used in many applications, such as automotive and industrial sectors. These resistors have high resistance to temperature fluctuations with the help of metal enclosures which protects them from current overloads.
Surface Mounted:
Surface Mounted type of power resistors is the most commonly used in electronic products. There are different types that have been introduced to meet their requirements for different applications. For example, there are metal oxide varistors that can be used for surge protection, or silicon dioxide resistor chips can be connected into a voltage divider circuit with an amplifier input. Surface Mounted power resistors are placed on the metal surface of printed circuit boards. Surface Mounted Power Resistors are available in different sizes and models. They have small sizes which makes them easy to mount on PCBs or chassis, thereby making space management easier. Surface Mounted type of power resistors provide benefits such as: High accuracy and reliability, Long life span.
Through-Hole Mounted:
A Through-Hole Mounted type of power resistor is a device that dissipates electrical energy as heat. These types of resistors are designed for PCBs and have terminals on the bottom or through holes in the board which allow them to be easily inserted into place using screws, bolts, or other fasteners. The examples include surface mount size, cylindrical, through-hole axial leaded, and two terminals. The Through-Hole Mounted type of power resistor are protecting components from excessive heat by dissipating it, which is a feature that helps to prolong the life span.
On the basis of Application, the global power resistors market is segmented into Automotive, Industrial, and Aerospace.
On the basis of Region, the global power resistors market is segmented into North America, Europe, Asia Pacific, and Latin America. The Asia Pacific is anticipated to be the fastest-growing market in terms of revenue, followed by North America. The power resistors market in North America is expected to witness steady growth over the forecast period. The region has witnessed rapid economic development and growing automobile production, which are creating huge demands for power supply equipment used across various application areas such as industrial, automotive & transportation, aerospace & defense, consumer electronics, etc. The European power resistors market is expected to witness moderate growth during the forecast period. The major factor driving the demand for power resistors in Europe is due to its increasing usage of turbine engines, which are driven by electric generators and used as peaking units or standby generation sources. The Latin American power resistor market is anticipated to grow at a CAGR of around 13.06% during the forecast period, 2018-2028.
Growth Factors For The Global Power Resistors Market:
The global power resistors market is expected to witness high growth in the coming years. The growing demand for smart electronics and an increasing number of applications such as industrial, automotive, aerospace & defense, and consumer appliances are fueling the demand for electronic equipment which further contributes towards driving the power resistor market. Furthermore, technological advancements in the field of microelectronics and new product developments are some of the prominent factors which have a major contribution towards increasing the demand for power resistors.
Up Market Research published a new report titled “Power Resistors Market research report which is segmented by Types (Chassis Mounted, Surface Mounted, Through-Hole Mounted), By Applications (Automotive, Industrial, Aerospace, Others), By Players/Companies Ohmite, Panasonic, TE Connectivity, Mint Former Industrial Ltd, Riedon, Cressall, Metallux AG, AVX Corporation, BOURNS, Caddock Electronics, COUDOINT S.A.S., Danotherm Electric AS, Frizlen GmbH & Co. KG, Krah Group, MCB Industrie, Michael Koch GmbH, RCD Components, Stackpole Electronics, Yageo”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
Report Scope
Report Attributes | Report Details |
Report Title | Power Resistors Market Research Report |
By Type | Chassis Mounted, Surface Mounted, Through-Hole Mounted |
By Application | Automotive, Industrial, Aerospace, Others |
By Companies | Ohmite, Panasonic, TE Connectivity, Mint Former Industrial Ltd, Riedon, Cressall, Metallux AG, AVX Corporation, BOURNS, Caddock Electronics, COUDOINT S.A.S., Danotherm Electric AS, Frizlen GmbH & Co. KG, Krah Group, MCB Industrie, Michael Koch GmbH, RCD Components, Stackpole Electronics, Yageo |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 212 |
Number of Tables & Figures | 149 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Power Resistors Market Report Segments:
The market is segmented by Type Chassis Mounted, Surface Mounted, Through-Hole Mounted and By Application Automotive, Industrial, Aerospace, Others.
Some of the companies that are profiled in this report are:
- Ohmite
- Panasonic
- TE Connectivity
- Mint Former Industrial Ltd
- Riedon
- Cressall
- Metallux AG
- AVX Corporation
- BOURNS
- Caddock Electronics
- COUDOINT S.A.S.
- Danotherm Electric AS
- Frizlen GmbH & Co. KG
- Krah Group
- MCB Industrie
- Michael Koch GmbH
- RCD Components
- Stackpole Electronics
- Yageo
Power Resistors Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Power Resistors Market
Overview of the regional outlook of the Power Resistors Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Power Resistors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Power Resistors Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Chassis Mounted
2. Surface Mounted
3. Through-Hole Mounted
7. By Application:1. Automotive
2. Industrial
3. Aerospace
4. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Resistors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Power Resistors Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Resistors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Power Resistors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Resistors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Power Resistors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Power Resistors Market Size & Forecast, 2018-2028
4.5.1 Power Resistors Market Size and Y-o-Y Growth
4.5.2 Power Resistors Market Absolute $ Opportunity
Chapter 5 Global Power Resistors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Power Resistors Market Size Forecast by Type
5.2.1 Chassis Mounted
5.2.2 Surface Mounted
5.2.3 Through-Hole Mounted
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Resistors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Power Resistors Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Industrial
6.2.3 Aerospace
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Resistors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Resistors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Power Resistors Analysis and Forecast
9.1 Introduction
9.2 North America Power Resistors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Power Resistors Market Size Forecast by Type
9.6.1 Chassis Mounted
9.6.2 Surface Mounted
9.6.3 Through-Hole Mounted
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Power Resistors Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Industrial
9.10.3 Aerospace
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Power Resistors Analysis and Forecast
10.1 Introduction
10.2 Europe Power Resistors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Power Resistors Market Size Forecast by Type
10.6.1 Chassis Mounted
10.6.2 Surface Mounted
10.6.3 Through-Hole Mounted
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Power Resistors Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Industrial
10.10.3 Aerospace
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Power Resistors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Resistors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Power Resistors Market Size Forecast by Type
11.6.1 Chassis Mounted
11.6.2 Surface Mounted
11.6.3 Through-Hole Mounted
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Power Resistors Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Industrial
11.10.3 Aerospace
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Power Resistors Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Resistors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Power Resistors Market Size Forecast by Type
12.6.1 Chassis Mounted
12.6.2 Surface Mounted
12.6.3 Through-Hole Mounted
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Power Resistors Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Industrial
12.10.3 Aerospace
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Power Resistors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Resistors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Power Resistors Market Size Forecast by Type
13.6.1 Chassis Mounted
13.6.2 Surface Mounted
13.6.3 Through-Hole Mounted
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Power Resistors Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Industrial
13.10.3 Aerospace
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Resistors Market: Competitive Dashboard
14.2 Global Power Resistors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ohmite
14.3.2 Panasonic
14.3.3 TE Connectivity
14.3.4 Mint Former Industrial Ltd
14.3.5 Riedon
14.3.6 Cressall
14.3.7 Metallux AG
14.3.8 AVX Corporation
14.3.9 BOURNS
14.3.10 Caddock Electronics
14.3.11 COUDOINT S.A.S.
14.3.12 Danotherm Electric AS
14.3.13 Frizlen GmbH & Co. KG
14.3.14 Krah Group
14.3.15 MCB Industrie
14.3.16 Michael Koch GmbH
14.3.17 RCD Components
14.3.18 Stackpole Electronics
14.3.19 Yageo