Variable Resistor Market Size & Share - Industry Trend and Forecast 2016 - 2024

" Variable Resistor Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" is the latest addition to MarketResearchReports.Biz industry research reports collection.

The main objective of this report is to define, describe, and forecast the global “Variable Resistor ” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Resistors are components of electronic circuits which provide resistance to the electrical power or voltage, passing through the circuit or a specific part of the circuit. Variable resistors are such resistors whose value of electrical resistance provided can be varied. The variation in resistance is caused by a wiper. The resistance value of the variable resistor can be increased or decreased by moving the wiper across the resistor wire. The resistance providing part of variable resistors are generally made of carbon, tungsten alloys and of nickel-chromium among various other materials.

The market for variable resistors is growing at a very fast pace, primarily owing to the growing demand for electronic devices. Variable resistors are integral components of all types of electronic devices. These resistors provide protection to the electronic devices by resisting flow of excess power or voltage. In recent years, the market for electronic devices, such as mobile phones, computing devices and automation devices among others, have been growing by a very high rate. This in turn has been positively impacting the application of variable resistors in such devices, leading to growing demand globally. Additionally, growth of industrial verticals such as wastewater management and food & beverage manufacturing has also been boosting the integration of variable resistors in various automation components of such industries. However, the integration of economies of scale by manufacturing companies has led to decrease in price of these resistors, and hence can be deemed as a restraint for the revenue generated by variable resistors. Presence of large number of small players has led to intense competitive rivalry in the variable resistors market, and the trend can be expected to continue during the forecast period.

By type, the global variable resistor market can be segmented into potentiometers, rheostats, thermistors and others. Potentiometers are variable resistors consisting of three terminals and have a range from 0 Ohm to 10k Ohm. Most common application of potentiometers is for controlling volume in audio devices. Rheostats consist of two terminals and functions similarly to potentiometers. Thermistors are variable resistors whose active resistance increases or decreases based on their immediate environmental temperature. Thermistors can have a positive temperature coefficient (PTC) or a negative temperature coefficient (NTC). A PTC thermistors resistance increases with temperature increase, and vice-versa, whereas a NTC thermistor’s active resistance decreases with temperature increase and vice-versa. Others segments includes digital resistors and photoresistors among others. Potentiometer was the largest segment in 2015 and can be expected to retain the top position in 2024. By end-use, the variable resistors market is segmented into aerospace & defense, automotives, industrial, consumer electronics and others. Consumer electronics was the largest segment in 2015, owing to the high growth of demand for such devices globally which in turn led to higher application of variable resistors in those electronic devices. The global variable resistors market has been further segmented into five regions: North America, Europe, Asia Pacific (APAC), Middle-East & Africa (MEA) and Latin America. By revenue, Asia Pacific had the largest market share in 2015, followed by North America and Europe. The higher market share of Asia-Pacific can be attributed to the presence of large number of local manufacturers of variable resistors, coupled with higher growth in manufacturing sectors and faster growth of consumer electronics market.

The major companies of the variable resistors market globally are BEI Sensors (U.S.), Dart Controls, Inc. (U.S.), State Electronics, Inc. (U.S.), TE Connectivity, Ltd. (U.S.), Vishay Intertechnology, Inc. (U.S.), Novotechnik U.S. Inc. (U.S.), Hokuriku Electric Industry Co. Ltd. (Japan), SRT Resistor Technology (Germany), Eisenmann Thermal Solutions GmbH & Co. KG (Germany), and Bourns, Inc. (U.S.) among various others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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