Global Power Resistor Market To Grow A CAGR Of 6.3% Between 2018-2022

Date: 2018-02-07

A Power Resistor is a passive two-terminal electrical component that implements electrical resistance as a circuit element. In electronic circuits, resistors are used to reduce current flow, adjust signal levels, to divide voltages, bias active elements, and terminate transmission lines, among other uses.

Urbanization and intelligent industrialization deployment are expected to be major driving factors for the Power Resistor market, according to research, the global Power Resistor markets are expected to register at a CAGR of 6.3% over 2018-2022.

Base on types, the power resistor for high voltage and high temperature application is highly demanded; such examples would include undersea cable repeaters, medical devices, instrumentation and defense electronics, who would consume high voltage resistors for their PCBs in addition to consuming resistors directly on the PCB. The report reveals the global power resistors are projected to grow at 6.4% CAGR over 2018-2022.

Geographically, Asia Pacific held over 60% of the market share in 2017, and it is expected to grow at a highest CAGR of 7.1% during the forecast period, owing to the increase in urbanization in this region has led to high demand for electricity. This has fueled the need for power infrastructure, and governments of various countries in this region are therefore focusing on developing and expanding transmission and distribution networks. 

Global top manufacturers operating in Power Resistor market are ASJ Holdings Ltd., Bourns, KOA Speer Electronics, Queen Mao Electronic Co., Ohm, Arcol, Ohmite, Panasonic, Ampcontrol Equipments, Japan Resistor Manufacturing, Telema, Precision Resistor Company, HVR Pentagon, among others.

Global Power Resistor market share by geography as following:

Read Full Report: http://www.gosreports.com/global-power-resistors-market-research-report-2017/

Joanna | Executive – International Business and partner Relations
E-mail: info@gosreports.com | Tel: 510-400-8520
Web: www.gosreports.com
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